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1223 Umatilla Ave.

1223 Umatilla Ave., Long Beach, CA 90802

N/A

6 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
6
Building Size:
4,694 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
6.40%
Occupancy:
95%
Lot Size:
4,796 SF
Listing ID
17300518
Last Updated
over 1 year ago

Description

Built in 1987. All Two bedroom, two bath units with balconey off master. Under building parking, laundry room onsite. Total renovation three years ago, all new interiors, kitchens and baths with granite counters and vanities, stainlees steel applinaces including microwaves and refrigerators. Excellent condition throughout. Possible condo conversion.

Located on quiet residential street of mostly single family homes. Property is owned in conjuction with 1212 Termino Ave. a block away. Loopnet ID # 17300514. Owner would like to sell both in one sale. Owner spent a combined $ 600,000 on total renovation. Both buildings are virtually identical, same age, all 2 BR 2 bth, under building parking, laundry room.

Map of 1223 Umatilla Ave., Long Beach, CA 90802 (Los Angeles County)

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