1030 Myrtle Av,
Long Beach, CA 90813
在售房 $1,550,000 ($155萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

6535 平方英呎
(607平方米)

2005 年

2

14 停車位

冷: NO

暖: WL

2025年03月03日
已上市 31 天

地產編號: SB25042498
所處郡縣: LA
建築風格: MOD
面積單價:$509.87/sq.ft ($5,488 / 平方米)
家用電器:GO,GR
車位類型:GAR
房屋簡介

2005 construction and just outside of downtown Long Beach, this quadruplex has three large 3 bedroom 1 bathroom apartments, and one 1 bedroom 1 bathroom apartment. The strong income in place has this building at a GRM of 13.3X and a cap rate of 4.2%, and there is approximately 15% upside in the rents. The building features onsite laundry in select units, a large 2 car garage for each unit with extra parking on the driveway, and is separately metered for gas and electricity. There is a path to substantial upside via the conversion of some of the 8 garage spots to ADUs, as well as offsetting some of the expenses through the use of RUBS. The building is just 3 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. It offers excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Over 60% of households within 5 miles are renters with an average household income of over $94,000. (Per Costar)

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