2216 W Wardlow Road Active

Long Beach,CA 90810

$ 1570000

- Bed

0 Bath

5283 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,283 sqft

Price per Sqft $297

MLS Listing ID CL25525531

HOA Y/N No

Year Built 1963

Lot Size 5,651 Sqft

Acres 0.13

Property Sub-Type Other

Property Description

PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM.

Location

State CA

County Los Angeles

Zoning LBR1

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 7317003004

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