$885,000
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1900 Harbor AVE Long Beach, CA 90810
3,978 SqFt
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,978 sqft
Price per Sqft $222
Subdivision Westside/South Of Willow (Wsw)
MLS Listing ID PW16092983
Year Built 1959
Property Description
Excellent 5 unit building, each unit is a large 2 Bedroom apartment. This well-maintained property is situated on a large corner lot, has a lush courtyard, community laundry room and 6 garages. This two story wood frame and painted stucco building offers 3,978 square feet. The units are in good condition, the 3 downstairs units have ceramic tile through out and each are individually sub-metered for gas/electric. Long term tenants, fully occupied with strong upside in rents makes for a great value-add opportunity. Priced at an actual 5.1% Cap Rate and 12.1 Gross rent multiplier.
Location
State CA
County Los Angeles
Area 11 - Westside
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Heating WallFurnace
Cooling None
Flooring Tile
Fireplaces Type None
Laundry CommonArea
Exterior
Garage Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features StreetLights, Sidewalks
Utilities Available SewerAvailable
Building
Lot Description Item01UnitAcre
Story 2
Water Public
Others
Acceptable Financing Conventional, Submit
Listing Terms Conventional, Submit
Special Listing Condition Standard
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Bought with Jonathan Swire • The Agency