PRICED TO SELL - 10X GRM AND 6.5% CAP AT MARKET RENTS. Earn over a 8% Cash on Cash Return. Best priced 1980's building in all of Long Beach. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0% total). Built in 1987 the property is professionally managed and well maintained. All units are 2 bed/2bath and have updated kitchens, baths and flooring. The property was recently painted as well. 12 onsite parking for 8 units as well as onsite laundry. This property is perfect for someone looking for a low management asset. It also has approx. 14% rental upside to a 10 GRM and 6.7% CAP at market rents. The electrical is Siemens - it's a 200 AMP main panel with 60 AMP subpanels (Buyer to verify). Plumbing is copper (Buyer to verify). Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The City of Long Beach also just approved a $38MM update to the Long Beach Airport in preparation for the 2028 Olympics. Qualified Buyers can obtain a 5 year loan fixed at 5.05%, Interest Only. Contact David Guevara for more info. Momenta Capital Group. 714.474.1284 dguevara@momentacg.com EMAIL THE LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.