Long Beach, CA 90806,925 E 19th St
Long Beach, CA 90806,925 E 19th St
Long Beach, CA 90806,925 E 19th St
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$1,349,000
Est. payment /mo
12 Beds
6 Baths
4,008 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,008 sqft

Price per Sqft $336

MLS Listing ID 26635163

Bedrooms 12

Year Built 1959

Lot Size 7,503 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Priced to sell at 9.8 GRM with upside to 8.9 GRM and a 7.7% CAP. 6 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). All 2/1's. Electrical was updated in 2024. The property was updated in 2019 throughout and is professionally managed and well maintained. Property has onsite laundry and 4 parking spaces which are rented to tenants. Qualified Buyers can put down as little as 25%. EARN OVER A 11% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Email Listing Agent for more info including a Rent Roll and OM.

Location

State CA

County Los Angeles

Area Poly High

Zoning LBR1N

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Laundry Community

Exterior

Parking Features Assigned

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by The Agency

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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