1980 Harbor Avenue Active

Long Beach,CA 90810

$ 2700000

10 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24131764

Bedrooms 10

Lot Size 9,334 Sqft

Property Description

1980 Harbor Ave is a 10-unit apartment located in Long Beach, operating at a 6.33% Cap and a 10.3 GRM! Built in 1964, the Harbor Ave. apartment is a garden style building surrounding a courtyard. Situated on a 9,350 Sq.Ft lot, the property offers an incredible unit mix of (5) Three-Bedroom/One-Bathroom units and (5) Two-Bedroom/One-Bathroom units. There are a total of (14) parking spaces, with (7) single car Garages on-site and additional room to park another car behind each space. Tenants feature on-site laundry. This building has been well maintained by ownership, and offers immediate rental upside to the new buyer.
1980 Harbor Ave is a 10-unit apartment located in Long Beach, operating at a 6.33% Cap and a 10.3 GRM! Built in 1964, the Harbor Ave. apartment is a garden style building surrounding a courtyard. Situated on a 9,350 Sq.Ft lot, the property offers an incredible unit mix of (5) Three-Bedroom/One-Bathroom units and (5) Two-Bedroom/One-Bathroom units. There are a total of (14) parking spaces, with (7) single car Garages on-site and additional room to park another car behind each space. Tenants feature on-site laundry. This building has been well maintained by ownership, and offers immediate rental upside to the new buyer.

Location

State CA

County Los Angeles

Area Long Beach (90810)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Others

Monthly Total Fees $168

Acceptable Financing Cash

Space Rent $2,300

Listing Terms Cash

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