1845 Maine Avenue 1845 Maine Avenue Long Beach, California 90806 United States
$1,799,000
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Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes...
- 647 m²
- Exterior
- Residential Income
- Property type
- 1923
- Year Built
- PW25059042
- Web Id
- PW25059042
- MLS ID
- 42
- days ago
About 1845 Maine Avenue
Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow.Three units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow.Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!
Listing Courtesy of Sage Real Estate Group, Inc., Email/Phone : 562-896-3851
Listing Courtesy of Sage Real Estate Group, Inc., Email/Phone : 562-896-3851
features
- Parking
- Garage
PROPERTY INFORMATION
- Community Info
- Curbs
- Garage Info
- 4
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- ElevenToFifteenUnitsAcre
ADDITIONAL INFORMATION
- Number of Units
- 12
Listing Courtesy of Sage Real Estate Group, Inc., Email/Phone : 562-896-3851
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