Commercial Real Estate /CA /Los Angeles County /Long Beach /1409 Magnolia Ave
Commercial Real Estate /CA /Los Angeles County /Long Beach /1409 Magnolia Ave
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1409 Magnolia Ave - Apartments FOR SALE


Long Beach, CA 90813 | 
Off Market
1/8

1409 Magnolia Ave
Long Beach, CA 90813

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HIGHLIGHTS

  • Day 1 cash-flow with significant upside of 20% in gross income
  • High yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, (1) 1Bed/1Bath
  • Currently operating at a 13.12 GRM and 5.15% CAP Rate
  • Located just outside the booming city of Long Beach
  • Tons of parking available for all tenants

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

3992

STORIES

2

YEAR BUILT

1925

PARKING SPACES

11

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7271-009-007,7271-009-010
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