2465 Pasadena Avenue, Long Beach, CA 90806

$1,199,000 Approx. USD 0 beds, 0 baths
3,680 sqft

Agent Remarks

Recently reduced. Don't miss this opportunity! NO RENT CONTROL INVESTOR'S DELIGHT/RENTS BELOW MARKET VALUE UPSIDE OPPORTUNITY This 10 unit complex with Courtyard style building provides a strong income base for the owner. While this property is cosmetically attractive and convenient to tenants for schools, shopping, and public transportation, it also has an upside for future rent increases. Estimated market value potential increase to $106,200 GSI. The property is well gated at both ends and the courtyard provides each unit sunlight. The seller leased Washer/Dryer in Laundry Room provides a steady income. Each unit is separately electric metered and master metered gas.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# SB16084359
List price is $1,199,000 Reduced by $46,000 on 9/12/2016
Beds: 0
Baths: 0
Built in 1923
3,680 sqft
1 stories
0.14 acres
Lot size: 6092.000
County: Los Angeles
MLS area: 9 - Poly High

Last Updated: 10/10/2016

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This listing belongs to the 9 - Poly High MLS area

Lat/Long: 33.801998, -118.187485.
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Broker: Courtesy of Keller Williams Realty
Listing Agent: Charles Brewer
Co Listing Agent: Pete Tryce

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Out of households, are families.

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