1 of 33
Herramientas
Size
15
Dormitorios
8
Full Baths
5,112 PIE CUADRADO
interior
0.14 acres
Exterior
Financial
$2,250,000
Change Currency
$440
Price Per Sqft
Listing Details
Departamento
Tipo de inmueble
1953
Año de construcción
11173757
ID web
SB24077577
ID de MLS
25
Days Posted
Descripción
1464 Gardenia Avenue, Long Beach, CA 90813
Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 5.8% and a GRM of 11.15 with an additional 8% in upside to a market cap rate of 6.5% and a 10.30 GRM. Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just completed at the rear of the property separated by a new turf courtyard. ADUs include mini-split AC units, in-unit laundry hookups, open concept kitchen/living areas, stainless steel appliances, high grade cabinets, quartz countertops, and full-sized bathrooms. Parking for 3-4 cars in the rear of the property.
This is an Active listing.
Broker Office Phone Number: 310-982-7055
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 310-982-7055
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Historial de precios
date | Precio | variance | type |
---|---|---|---|
5/1/2024 | $2,250,000 | - | Contrato |
4/18/2024 | $2,250,000 | - | Listado |
4/18/2024 | $2,250,000 | - | - |
Listing By: Buckingham Investments, Inc via Data Source: California Regional Multiple Listing Service, Inc
agente de listado: Anthony Walker