30

0

5423 Dairy Avenue
Long Beach, CA 90805

Residential Multi Family (Other)

0.13 Acres
3008 Sqft Living Area

6 Bedrooms

6 Bathrooms (6 Full, 0 Half)

Year Built: 1929

$1,388,000

Favorites

Property Description

Featuring 6 one bedroom, 4 units with garage with o space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides electricity. water/sewer/gas. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.

Join The Conversation

Notify of

Comments

Contact Details

Name: Ricardo Parada

Email: homesorlando@hotmail.com

MLS Listing Id: TR23130001

Agent Phone: (626) 826-9247

List Agent License: 01120414

Office Name: Berkshire Hathaway HomeServices California Properties

Office Phone: (626) 913-2808

Office MLS Id: 8559

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/5423-Dairy-Ave_Long-Beach_CA_90805_M16604-15086?f=listhub&s=MRMLSCA&m=TR23130001&c=openhousinc

Copyright © 2024 California 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.