Two-story 14 unit apartment complex located in the heart of Downtown Long Beach. Unit mix comprised of (4) 2 Bed / 1 Bath and (1) 1 Bed / 1 Bath units (buyer to verify). Long term ownership with rents roughly 30% under market. There is leased on-site coin operated laundry that is shared with its sister building 227 Lime across the street and (3) on-site garages. All market rent assumptions based on verifiable bedroom/bathroom count from county records. Long Beach is NOT subject to rent control. *Part of 6 Building, 58 Unit Portfolio*
Nationwide Real Estate Executives
4401 Atlantic Ave. Suite 100 | Long Beach | CA 90807
Andrew McAllister
925.683.9203 | 562.423.8134
drew@nrecommercial.com
MLS# RS18037252
Original Source
Property Type: MultiFamily
Listing Category: Purchase
