Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11
listing
1 of 11
Residential IncomeFor Sale
$1,798,000
1377 Warren Avenue
Long Beach, CA 90813
Listed by Jonathan Swire DRE#01336277 [email protected] The Agency
MLS: California Regional MLS (CRMLS)
4Beds
11Baths
4,944Sq Ft
Est. Mortgage
$9,381/mo

THIS IS THE DEAL FOR YOUR CLIENT. PRICED TO SELL. 9.7 GRM AND 5.9% CAP WITH UPSIDE TO A 9.0 GRM AND 6.7% CAP. 11 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.9% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.

Get in touch
Information courtesy of The Agency is subject to verification and is not guaranteed.
Community / School Information