Property Details
About this Property
Price Just Reduced!!Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $140,100 per Year!!! With a Current Cap Rate at 6.7, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!
MLS Listing Information
MLS #
CRPW24016535
MLS Source
California Regional MLS
Days on Site
328
Interior Features
Appliances
Dishwasher, Garbage Disposal, Microwave, Other, Oven - Gas, Oven Range, Refrigerator, Dryer, Washer
Flooring
Laminate
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Common Parking Area, Gate/Door Opener, Other, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
522 E Rhea St is a Residential Income in Long Beach, CA 90806. This – square foot property sits on a 6,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,725,900 and was built in 1923. This address can also be written as 522 E Rhea St, Long Beach, CA 90806.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Marvin Malone, (562) 377-2370
