1845 MAINE AVENUE, LONG BEACH CA 90806
- 4,690 sq.ft.
- 7,173 sq.ft. lot
Property Description
Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Three units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!
Listing Courtesy of Cody Charnell, Sage Real Estate Group, Inc.
Exterior Features
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