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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
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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.
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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
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.