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Listed by JOSE MAS of JOSE MAS,BROKER (josemas23@yahoo.com)
MASSIVE 7 BEDROOMS AND 5 BATHS UNIT COMPLEX...ALL UNITS HAVE THEIR OWN LAUNDRY FACILITY AND ALL UNITS HAVE THEIR OWN ELECTRICAL AND GAS METERS AND SHARE A WATER METER...BEAUTIFUL RECENTLY REMODELED, UPGRADED AND BUILT 3 UNITS PROJECT JUST 2 BLOCKS WAY FROM LONG BEACH BLVD...UNITS CONSITS OF 2 SINGE FAMILY RESIDENCE TOTALLING 3 BEDROOMS AND 2 FULL BATHROOMS EACH UNIT AND A DETACHED GARAGE CONVERSION INTO ADU OF 1 BEDROOM AND 1 BATH OF ABOUT 400 SQ FT...UNITS INCLUDE NEW ROOF AND SHINGLES THROUGHOUT, NEW WINDOWS THROUGOUT, NEW PAINT ISIDE AND OUT AND TEXTURE, NEW ELECTRICAL WIRING, NEW ELECTRICAL FIXTURES, NEW ELECTRICAL PANELS, NEW GAS LINES AND GAS METERS, NEW PLUMBING THROGHOUT, NEW PLUMBING FIXTURES, NEW DRAIN SYSTEM, NEW FLOORING AND BASEBOARDS IN ALL 3 UNITS. NEW BATHROOMS (ALL 7 OF THEM), NEW KICTHENS AND GRANITE COUNTER-TOPS...TOO MUCH TOO MENTION BUT YOU GET THE IDEA... BRAND NEW UNITS FETURING A GREAT CASH FLOW TO FUTURE OWNERS WITH AN ROI OF OVER 7.5%...PRO-FORMA RENTS ARE BASED ON CITY OF LONG BEACH HOUSING AUTHORITY AND BASED ON INCOME GUIDELINES AS PER ZIP CODE AND A 3 UNIT RENTING FOR $3,550 MONTLHLY AND A 1 BEDROOM RENTING FOR $2,050.00 AS PER HOUSING AUTHORITY...SELLER INSTALLED A REAR GATE TO ALLEY ACCESS AND GRAVEL IN ORDER TO CREATE A 4 PARKING GARAGE OPEN SPACE IN REAR....

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Based on information submitted to CRMLS as of March 1, 2024 10:53 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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