DESCRIPTION
NEW PRICE REDUCTION!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.9%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 9 Units & 1 Bonus Room/Studio - Apartment Building is Located in a High Demand Rental Area!! Conveniently Located Close to Malls, Shopping, Restaurants, Entertainment, Downtown Long Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island and Metro Link, 10 minutes from Long Beach Airport and 20 minutes from (LAX) Los Angeles Airport.