936 Olive Avenue

Long Beach, CA 90813
Property listed by Buckingham Investments, Inc, Nina Le 818-415-9362
$1,795,000
Turnkey 10-Unit Property in Prime North East Village – Priced to Sell! Located in the vibrant and densely populated North East Village neighborhood, this fully stabilized 10-unit property is an exceptional investment opportunity. Priced at just $179.5K per unit, it is currently operating at a 9.23 Gross Rent Multiplier (GRM) andRead MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
1922
MLS Number
SB26029628
Property Location Map
Additional Details
Building
Built in 1922, 10 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: door
Community
Sidewalks
Cooling
WholeHouseFan
Expenses
Electric: $18,000, Insurance: $8,727, Maintenance: $8,100, Operating: $67,296
Fireplaces
None
Floors
Vinyl
Heating
WallFurnace
Income
Gross ScheduledIncome: $180,792, Net Operating Income: $118,077
Laundry
CommonArea
Lot
0.1444 acres, SixToTenUnitsAcre
Parking
OffStreet
Pool
None
Roof
Flat
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7274022018, Tax Block: 2, Lot: 8, Zoning: LBR4R
Tenant Pays
Electricity, Gas
Utilities
ElectricityAvailable, NaturalGasAvailable, Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.