Priced to sell at 9.7 GRM with upside to 8.7 GRM and a 8.0% CAP. 9 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). Located on a quite street in the Wrigley district. Excellent unit mix for the area, with long term tenants. The property was updated in 2019 throughout and is professionally managed and well maintained. A new owner could achieve over a 10% upside in rents. Property has onsite laundry and features a 400 AMP Main electrical panel and 50 AMP subpanels (Buyer to verify). Shingle Roof is in good condition and less than 10 years old. Qualified Buyers can put down as little as 25% on a new loan. Contact Loan Broker to find out more - David Guevara - (714) 474-1284. EARN OVER A 12% CASH ON CASH RETURN AGAINST IN PLACE RENTS. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.