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$1,548,000
Est. payment /mo
5,283 SqFt
Active
2216 W Wardlow Road Long Beach, CA 90810
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,283 sqft
Price per Sqft $293
MLS Listing ID CL25525531
HOA Y/N No
Year Built 1963
Lot Size 5,651 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
PRICED REDUCED. 9.7 GRM on current rents with upside to 9.1 GRM and 7.2% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM.
Location
State CA
County Los Angeles
Zoning LBR1
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 7317003004

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Listed by Jonathan Swire • The Agency
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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