737 E 5TH STREET, LONG BEACH CA 90802
- 12,412 sq.ft.
- 7,468 sq.ft. lot
Property Description
New Pricing and Recent Rent Increases!” “Now a 6.21% Cap Rate at List Price. We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
Listing Courtesy of Kevin King, Marcus & Millichap
Interior Features
Exterior Features
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