Properties

Property Description

PRICED TO SELL. 9.9 GRM AND 5.8% CAP WITH UPSIDE TO A 6.6% CAP. 11 units in Long Beach subject to AB 1482 rent control – maximum annual increase of 5% + CPI. The property is professionally managed and well maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.

Features
: Wall Furnace
: None
: None
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Address Map
CA
Los Angeles
Long Beach
90813
Warren
1377
Avenue
W119° 49' 28''
N33° 47' 2.6''
LBR2N
9 - Poly High
11 units in Long Beach subject to AB 1482 Rent Control.
Neighborhood
Neighborhood
MLS Addon
The Agency
Jonathan Swire
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Additional Information
2
2024-05-07
11
: Multi/Split
4944
Listing Information
CLW-X52994
CLW-X79013
Active
2024-05-16T00:51:31Z
CRMLS
: Standard
2024-05-07T00:00:00Z

Residential Income For Sale

1377 Warren Avenue, Long Beach, California 90813

4 Bedrooms
11 Bathrooms
4,944
$1,849,000
Listing ID #24389103
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24389103
Price : $1,849,000
Bedrooms : 4
Bathrooms : 11
Square Footage : 4,944
Year Built : 1922
Lot Area : 0.13 Acre
Status : Active
Agent info
Contact Agent