Alta Realty Group Ca, Inc
Ann Harris, Alta Realty Group Ca, IncPhone: (949) 433-3225
Email: [email protected]
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listing
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Residential IncomeFor Sale
$3,900,000
1850 Gardenia Avenue
Long Beach, CA 90806
Listing Office: Lyon Stahl Investment Real Estate, Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$20,231/mo

Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 6.05% CAP Rate and a 10.58 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area. Located in a quiet residential neighborhood near Signal Hill, the property offers tenants easy access to schools, parks, shopping centers, and major freeways (405, 710, and 605). With upside in rents and continued demand for quality multifamily housing in Long Beach, this property presents an excellent opportunity for investors seeking long-term growth and cash flow.

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Information courtesy of Lyon Stahl Investment Real Estate, Inc. is subject to verification and is not guaranteed.
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