716 Raymond Ave - Apartments FOR SALE
Long Beach, CA 90804 |
716 Raymond Ave
Long Beach, CA 90804
HIGHLIGHTS
- 16-Unit apartment building in Long Beach’s Rose Park neighborhood offered at a 5.88 Percent cap rate on current rents
- Mix of 14 studios and two one-bedroom/one-bath units
- Assumable financing available
- Property features on-site laundry and six single-car garages; both amenities generate additional income
- Potential to convert garages to adu’s (buyer to verify)
- Electrical has been recently updated
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6426
STORIES
2
YEAR BUILT
1923
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
7262-021-013
