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$2,700,000
Est. payment /mo
10 Beds
4 Baths
9,334 Sqft Lot
UPDATED:
09/05/2024 11:33 AM
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
HOA Y/N No
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.
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
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $168
Acceptable Financing Cash
Space Rent $2,300
Listing Terms Cash
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Listed by Parker Boehle • NorthMarq Realty Services, Inc
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