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830 Roswell Avenue

Long Beach, CA 90804
  • $1,875,000
  • STATUS: Active Under Contract
  • ON SITE: 90 Days
  • MLS #: OC21229684
Under Contract
UPDATED: 30 min ago
$1,875,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Joshua Leite of Curb (888-279-4230)


Description

Great value add opportunity to own a cash flowing 6 unit investment asset located on a palm tree lined residential street in beautiful Eastside Long Beach.Being less than 2 miles from both CSULB and the beach, it is a prime location of Eastside Long Beach.With under market rents, an investor has the opportunity to add value and increase revenue. Additionally, laundry and carport revenue can be captured. Possibility to raise rates to market, or higher with interior renovation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T07:28:14.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/122578245
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830 Roswell Avenue Long Beach, CA 90804

  • Price: $1,875,000
  • Status: Active Under Contract
  • On Site: 90 Days
  • Updated: 30 min ago
  • MLS #: OC21229684
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1964
Built
Neighborhood:
Other (Othr)
County:
Los Angeles
Area:
3 - Eastside, Circle Area
Property Description
Great value add opportunity to own a cash flowing 6 unit investment asset located on a palm tree lined residential street in beautiful Eastside Long Beach.Being less than 2 miles from both CSULB and the beach, it is a prime location of Eastside Long Beach.With under market rents, an investor has the opportunity to add value and increase revenue. Additionally, laundry and carport revenue can be captured. Possibility to raise rates to market, or higher with interior renovation.
Exterior Features

Carport Spaces 5 Carport YN Yes Lot Features Paved Number Of Separate Electric Meters 0 Parking Features Carport Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Common Interest None Community Features Gutter(S)Suburban Contingency Buyer 1031 Closing. Electric Expense 3198 Fuel Expense 0 Garage YN No Gross Income 73727 Gross Scheduled Income 97620 Insurance Expense 5227 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 73727 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 5 Operating Expense 23893 Other Expense 6371 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Total Actual Rent 8135 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lbr3s



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-18T07:28:14.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Joshua Leite of Curb (888-279-4230)