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1490 Gundry Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
4 Units
Executive Summary
This well-maintained 4-unit income property offers an attractive unit mix consisting of one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units, providing strong rental appeal for a variety of tenants. Each unit is thoughtfully designed to maximize living space and functionality. The property also features four individual one-car garages, offering valuable off-street parking and additional convenience for residents. With its desirable unit configuration, garage parking, and solid income-producing potential, this property presents an excellent opportunity for both investors and owner-users seeking a well-located and versatile multifamily asset
Property Facts
| Price Per Unit | $262,500 | Building Size | 2,464 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.91% | Year Built | 1979 |
| No. Units | 4 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price Per Unit | $262,500 |
| Sale Type | Investment |
| Cap Rate | 6.91% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,464 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,293 | - |
| 1+1 | 3 | $1,625 | - |
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