23 045 755 SEK
BILDERNA LADDAS...
Hus & enfamiljshus for sale in Long Beach
20 530 634 SEK
Hus & Enfamiljshus (Till salu)
Referens:
EDEN-T118728626
/ 118728626
PRICED REDUCED TO SELL AT 9.4 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. Earn over an 8% cash on cash return against in place rents. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9 GRM and 7.5% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.
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PRICED REDUCED TO SELL AT 9.4 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. Earn over an 8% cash on cash return against in place rents. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9 GRM and 7.5% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.
Referens:
EDEN-T118728626
Land:
US
Stad:
Long Beach
Postnummer:
90813
Kategori:
Bostäder
Listningstyp:
Till salu
Fastighetstyp:
Hus & Enfamiljshus
Fastighets storlek:
630 m²
Tomt storlek:
697 m²
Rum:
13
Sovrum:
12
Badrum:
11
LIKNANDE FASTIGHETSLISTNINGAR
AVERAGE HOME VALUES IN LONG BEACH
REAL ESTATE PRICE PER M² IN NEARBY CITIES
| City |
Avg price per m² house |
Avg price per m² apartment |
|---|---|---|
| Newport Beach | 95 365 SEK | - |
| Orange | 53 597 SEK | 47 714 SEK |
| Mahou Riviera | 205 722 SEK | - |
| Los Angeles | 67 701 SEK | 74 696 SEK |
| Ventura | 45 318 SEK | - |
| Riverside | 27 104 SEK | 25 405 SEK |
| Santa Barbara | 81 978 SEK | - |
| California | 49 386 SEK | 46 293 SEK |
| Santa Clara | 81 059 SEK | - |
| Maricopa | 22 325 SEK | - |
| Colorado | 53 238 SEK | - |
| United States | 37 124 SEK | 52 457 SEK |
| Hennepin | 40 077 SEK | - |