208 W Anaheim StreetLong Beach, CA 90813
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$10,037MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof!! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play or great for government sponsored tenants. Would also work for regular tenants as well (after reno). Great opportunity and this will NOT last
a year ago | Price changed to $2,200,000 | |
a year ago | Listing updated with changes from the MLS® | |
a year ago | Status changed to Active | |
a year ago | Listing first seen on site |
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