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Commercial Sale - Long Beach, CA
Solid investment property in an active, non-rent controlled rental market. This is a two story sixties apartment with eight separately metered units consisting of six 1bed/1bath apartments and two 2bed/1bath apartments. There is a coin operated laundry system and six private garages that generate additional income. Lots of value-add and upside potential. The building is located in the heart of one of the strongest rental markets of Southern California. Minutes away from the 405 and 710 freeways and close to major public transportation lines, tenants have access to Orange County and Los Angeles. The employment market is robust due to proximity to Memorial Hospital, LBCC, CSULB, the LBG Airport, and the Deukmejian Court House.. Comments Title: 8 Unit Multi-Family Prime Investment Opportunity.