$ 1,990,000
-
$1,990,000
Price -
10
Bed -
5
Bath -
5,822
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 0452 - ZBAKEIKU
Well maintained Mediterranean 5 plex is just blocks to the beach. Popular rental residential area. All units are 2 BR/1BA. 4 units are 1242 sqft and the unit above the detached 4 single car garages is 854 sqft. As the owners upgraded units, they preserved many original, ornate features such as tile work, arched openings to dining rooms, coved ceilings and polished hardwood floors. Common area laundry room. Unit #3127 will remain not rented. With the actual current rents + 1 vacancy, the CAP rate is 4.8%. Potential upside is high for investors with building improvement in mind. Potential pro-forma rent total is $152,400 and NOI can be $127,089. Potentially 6.4% CAP rate and 13 GX. It is a fantastic investment opportunity.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
PW26116533
Year Built
1930
Total Square Footage
5,822
Lot/Acreage
0.16
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances: Water Heater
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor: Laminate,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Laminate Counters,Unfurnished
- Water: Public
Exterior Details
- Lot Description: Paved,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 5
- Lot Dimensions: 50x135
- Zoning: LBR2N
- Roof: Flat
- Others: Stucco,2+ Total Units
- Sewer: Public Sewer,Sewer Tap Paid
- Parking Features: Door-Single,Driveway,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7257006027
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3121 E 5th Unit 5 Long Beach, CA 90814
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
