Homes For Sale In California

$1,198,000
4,987 Sqft Lot
Visits : 18 In 52 Days

1126 E Arcadia Court, Long Beach, California 90813

  • Residential Income Property Type
  • 34 Days Time On Market
  • 1962 Year Built
Property Description

Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.30% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) – 2 Bedroom / 1 Bath and Three (3) – 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future.

Basic Details
Residential Income
For Sale
OC24059927
$1,198,000
1962
4,987 Sqft
Active
Mixed Use
Features
: Sidewalks
$0
: Public Sewer
Address Map
California
Los Angeles
Long Beach
90813
1126 E Arcadia Court
0
W119° 49' 17.9''
N33° 47' 2''
Additional Info
$0
2,886 Sqft
$0
34
34
$1,527
0
: Corner Lot
$0
7268017001
: Standard
2
$0
LBR1N
$0
No
No
No
No
Review
Overall
0 Votes
100 0.0 0
Communication
0 Votes
Location
0 Votes
Value
0 Votes
Accuracy
0 Votes
0 / 750 Characters
Load More
Agent info
On The GO-Real Estate.com
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Homes for sale in California
Favorite Listing