2422 E 11th ST Long Beach, CA 90804
Active
$2,560,000
4%
8 Units
16 Beds
8 Baths
5,848 Area(sq.ft.)
6,560 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 1,824 | $ 1,824 | $ 1,970 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,100 | $ 2,100 | $ 2,100 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,100 | $ 2,100 | $ 2,100 |
| Unit 4 | 1 | 2 | 1 | No | $ 1,925 | $ 1,925 | $ 2,079 |
| Unit 5 | 1 | 2 | 1 | No | $ 1,945 | $ 1,945 | $ 2,101 |
| Unit 6 | 1 | 2 | 1 | No | $ 1,848 | $ 1,848 | $ 1,996 |
| Unit 7 | 1 | 2 | 1 | No | $ 1,824 | $ 1,824 | $ 1,970 |
| Unit 8 | 1 | 2 | 1 | No | $ 1,975 | $ 1,975 | $ 2,133 |
| 8 | 8 | 16 | 8 | $ 15,541 | $ 15,541 | $ 16,449 |
| MLS #: | PW24202418MR |
| Days On Market: | 78 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 438 |
| Price per unit: | $ 320,000 |
| Year Built: | 1987 |
Property Details
FIRST TIME ON THE MARKET IN 22 YEARS!!! PRIME 8 UNIT 1980'S CONSTRUCTION WITH GROUND FLOOR COVERED PARKING FOR 16 CARS. ALL 2 BEDROOM/1BATH UNITS. ONSITE LAUNDRY ROOM MACHINES OWNED FOR SELLER NOT LEASED AND BRINGS IN ADDITIONAL INCOME. 5.1 CAP and 13.3 X GROSS. LONG TERM PRIDE OF OWNERSHIP. MAJORITY OF UNITS REMODELED. CLOSE TO CSULB AND 4TH STREET SHOPPING!Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 126,815 |
| Actual Gross Rent: | $ 15,541 |
Structure
| Community Features: | Curbs |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LBR2N |
| Land Lease Type: | Fee |
| Parking Garage: | Converted Garage |
| Total Parking: | 16 |
Interior
| AC/Cooling: | None |
| Heating: | Wall |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
