3622 E 11th, Long Beach, CA 90804
List Price: $1.59M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1950
Lot Size: 6,214 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: SB26196309
About This Property
Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.
Listing provided by: Anthony Walker DRE #01908153 310-982-7055 Anthony.walker@buckinghaminvestments.com, Buckingham Investments, Inc
Source: CRMLS, MLS #: SB26196309
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