1090 E Hill St, Long Beach, CA 90806

Property Description

Exciting investment opportunity. This is the lowest priced 4-plex in the neighborhood and nearly $100,000 has been spent recently to make it shine! Two units are one bedrooms and two of them are studios, with separate electric and gas meters. Most of the units have newer bathrooms, newer kitchens, and each unit has its own newer water heater including one tankless. A new roof was put on the building in August 2010. It is easy to rent and the tenants love it, because it feels like a home with their own porches and gardens. This is a corner property adjacent to the border of Signal Hill. Across the street are industrial businesses, which creates a low density feel and there are many single family homes on the street. 
 
 All of the tenants have been there since 2012 or before. The laundry room makes about $100 a month and features two front loading Maytag washers and a stacked Whirlpool dryer. One unit faces Hill Street and two units face Lemon. There is a premium studio with a granite kitchen and distressed wood floors above the garage with its own private entrance and no shared walls. 
 
 DO NOT DISTURB OCCUPANTS, DRIVE BY ONLY
 
 The rents are currently below market.