This Property is no longer advertised on Showcase.com.
Off Market
1/13

1106 Pacific Ave
Long Beach, CA 90813


HIGHLIGHTS

  • All 12 units were remodeled in 2019 with Permits
  • 6.03% Current Cap Rate & 11.08 GRM
  • 6.69% Pro Forma Cap Rate
  • ADU Opportunity - (6) on-site garages can be converted to (3) ADU's (Buyer to Verify)
  • Approx. 10% Upside in Rents
  • Individually Metered for Gas & Electricity

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

6.03% Cap | 10% Upside | Renovated Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

8203

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7273-005-013