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2300 Lewis Avenue, Long Beach, CA

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2300 Lewis Avenue

Long Beach, CA 90755-3435 - Signal Hill MF Submarket

Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1968
Stories:2 Building Size:7,800 SF Land Area:.27 AC (11,905 SF)
For Sale Price:$1,400,000 Price/Unit:$233,333.33 Cap Rate:5.44 % GRM:13.10

Parking:1.53 Parking Spaces / 1,000 SF

Sale Notes:
These are 6 town home styled units with backyards. Within last three years building has been painted, 5 units have had new kitchen cabinets, flooring, and carpets replaced. Landscaping redone and Security fencing installed. Copper plumbing installed in all baths and kitchens for units 2 and 3. New roof installed in 2010. Building located on cul de sac street and has 2 parking spaces per unit. Owner only pays for water and trash.

Building is located near major big box retail stores (Home Depot, Costco, Best Buy etc)Building is within 5 minutes of LB Memorial Hospital and near downtown and LB Airport employment centers.

Buckingham Investments
Lou Meza
(562) 624-4400

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