1126 E Arcadia Court Long Beach, CA 90813
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$5,466Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.30% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) – 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future.
| 6 days ago | Listing updated with changes from the MLS® | |
| 6 days ago | Price changed to $1,198,000 | |
| 3 weeks ago | Price changed to $1,235,000 | |
| a month ago | Listing first seen online |
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