PRICED TO SELL. 9.6 GRM AND 6.6% CAP against in-place rents with upside to 8.6 GRM. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. Escape Los Angeles Rent Control (RSO) and invest in a more landlord-friendly environment - welcome to Long Beach. Stop dealing with difficult tenants and a City that wants to continue to stifle your annual rent increases. Instead, own a building located blocks from the Ocean. A number of units here are rented to Section 8 and Housing Programs - rents could easily be pushed higher based on Payment Standards for the 90813 zip code. The 4 garages in rear could potentially be converted to ADU's - Buyer to verify. 30% down lender financing available to qualified Buyers. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.