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$1,800,000
11 Days On Site
227 LimeLong Beach, CA 90802
For Sale|Apartment|Active
0
Beds
0
Total Baths
3,424
SqFt
$526
/SqFt
1923
Built
Subdivision:
East Village Arts District
County:
Los Angeles
Listed by Malcolm Zeger of Buckingham Investments, Inc [email protected]
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Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.
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Listing Snapshot
Price
$1,800,000
Days On Site
11 Days
Bedrooms
N/A
Inside Area (SqFt)
3,424 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0861 Acres
Year Built
1923
MLS® Number
SB26098575
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
0.0861
Land Lease
No
Number Of Stories
2
Parking Spaces
2
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3424
Water Source
Public
Interior Features
Laundry Features
None
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Exterior Features
Pool Features
None
Community Features
Building Access
Front
Financing Terms Available
CashContract
MLS Area
4 - Downtown Area, Alamitos Beach
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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