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1825 Cherry Avenue
USD 1,550,000
房產編號: 24362089
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1825 Cherry Avenue ,90806
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icon 5838 SqFt
icon Built in 1903
icon USD 266/SqFt
icon 7 Beds
icon 5 Full
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位置 街景
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icon 方向
室內細節
臥室
7
浴室
5
室內面積
3986
建築細節
物業類型 --
房屋狀況 --
建築風格 --
新建房產 --
建造年份 1903
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此房屋詳細介紹
***Opportunity Zone***Explore the exceptional investment opportunity at 1825 Cherry Ave, Long Beach, CA. This property comprises seven fully occupied buildings in the sought-after prime area of Long Beach, offered at an attractive price of $221k per unit. Currently, the property yields an impressive 5.35% Cap Rate and boasts a 15 Gross Rent Multiplier (GRM), with potential for substantial growth to a projected 9.96% Cap Rate and 9.96 GRM.Situated on a generous lot of approximately 5,837 SF, the property provides ample parking spaces for convenience. Notably, this asset is not subject to LA City rent control, allowing for significant annual rent increases of 8.8% (5% + CPI), offering substantial future upside potential.Conveniently located in prime Long Beach, just moments away from Signal Hill and a short drive to downtown Long Beach, this property presents a prime investment opportunity in a thriving and desirable location. 2 Structures - Front House has been divided into 3 Units. Rear structure consists of 2 Studios and 2-1 BR Units. Upside in Rents. All Utilities are split and paid for by Tenants. Close proximity to busy PCH/Cherry intersection. Among recent upgrades is a Fire Sprinkler system.
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Cissy Tang
電話: (+1)626 9868**** icon
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聯繫開發/經紀人
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Cissy Tang
(+1)626 9868**** icon
請輸入您的國籍
+87
不能為空
電子郵件地址無效 電子郵件地址未驗證!
Cissy Tang
(+1)626 9868**** icon
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1825 Cherry Avenue
USD 1,550,000 7 Beds
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