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1021 E 12th Street
USD 1,400,000
Property ID: PW23166185
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1021 E 12th Street ,90813
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icon 6800 SqFt
icon Built in 1910
icon USD 206/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
3498
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1910
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Detailed Introduction Of This Home
1021-1023 E 12th Street is a well-positioned 5-Unit property on a large 6,800 SF lot in Long Beach. The property features (2) buildings total: (1) 4-Bed/2-Bath 1,398 SF front house and a separate 2,100 SF building in the back with (4) 1-Bed/1-Bath units, generating $7,791/mo in gross rental income. Currently operating at a CAP rate of 4.06% with Market CAP of 6.32%, this property provides any investor huge upside potential through renovations/rent increases. It is also strategically located, offering easy access to Alamitos Beach, 4th Street Corridor, and Belmont Heights. With its premier location, current income, and rental upside, 1021-1023 E 12th Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (12)
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1021 E 12th Street
USD 1,400,000 0 Beds
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