Turnkey asset featuring Four (4), large 3-Bedroom / 1-Bath units (1,093 square feet each), and a 3-Bedroom / 1 Bath House. The property has been extensively renovated with over $500,000+ spent in recent capital improvements, offering investors immediate cash flow and minimal deferred maintenance. With a current cap rate of 6.82%, this garden-style property includes a secure gated entry, Four (4) Single-Car Garages, and one private uncovered driveway space. Beyond Cash Flow, this is situated in an Opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Located less than one mile from the beach and just minutes from Downtown Long Beach, the asset benefits from strong tenant demand, coastal appeal, and excellent connectivity to surrounding amenities. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.