4231 E. 10th St., Long Beach, CA 90804 - TR20199381 - iPro Real Estate

4231 E. 10th St.
Long Beach, CA 90804

Sold, Multi-Family/Income Sale

For Sale

$2,275,000 $507.83 per sqft

Free Professional CMA

Listing ID : TR20199381

  • Beds

    8
  • Lot Size

    4,726 Sqft
  • Year

    1989

Description

Rare opportunity to acquire a steady 100% rental occupancy (4.44% Cap Rate; value-add with strong occupancy trend), 6-unit townhouse-style 2-bedroom/2-bath units including in-unit washer/dryer built in 1989. Building entrance gate with security camera for enhanced access control and security in a prime Long Beach submarket, and great proximity to Wilson High School and Cal State Long Beach and adjacent to nearby entertainment amenities such as The Hangar at Long Beach Exchange and 2ND & PCH.

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 7241007027
Cap Rate: 4% 
Net Operating Income: $106,667 
Heating: Natural Gas 
Number of Units: 6 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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Interactive

33.77919 -118.14296 $2,400,000 TR20199381
4231 E. 10th St., Long Beach, CA 90804
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Listed by Wan Hsu with Golden Key Realty Corporation