HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 10.3 GRM AND 6.4% CAP ON MARKET RENTS. 9 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 5.4% for 5 years, Interest Only. Contact Loan Broker to find out more - David Guevara - dguevara@momentacg.com. The property offers prospective Buyer's the following amenities: Excellent unit mix of 1 and 2 bed units. Modern plumbing and electrical. Onsite parking for all units. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.