4308 4th Street, Long Beach, CA 90814
  • MLS#: 25497543 ( Multi-Family )
  • Street Address: 4308 4th Street
  • Viewed: 5
  • Price: $2,349,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 0
  • Days On Market: 12
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90814
  • Provided by: The Agency
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    PRICED TO SELL. 8 units on the Eastside of Long Beach in Belmont Heights heavily remodeled in 2019 over $400K in CAP EX spent. 11.4 GRM And 5.8% CAP against in place rents. Excellent unit mix for the area with 1 and 2 bedroom units. 5 parking spaces in the rear (3 garages and 2 open). All units had new kitchens, baths, flooring, etc. in 2019. Well maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior was updated in 2019 as well new paint, windows, landscaping, lighting, etc. Put 30% Down. Excellent financing available for qualified Buyers 5.25% 5 year fixed, fully amortized. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
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Features
Property Type
  1. Multi-Family