$ 3,395,000
-
$3,395,000
Price -
10
Bed -
7
Bath -
5,765
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing 0173 - phuijua,PWCHCODY
Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 7 Full
- Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Recessed Lighting,Unfurnished
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Flat
- Others: Updated/Remodeled,Turnkey,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7126025019
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5529 Dairy Long Beach, CA 90805
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
