1377 WARREN AVE
LONG BEACH, CA 90813
$1,799,000
4 Beds
11 Baths
4,944 Sq Ft
Status Active
MLS# 24-389103
PRICED TO SELL. 9.7 GRM AND 5.9% CAP WITH UPSIDE TO A 6.7% CAP. 11 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. 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.
Details for 1377 WARREN AVE
Built in 1922
$364 / Sq Ft
0 parking spaces
None
Wall
40 Days on website
0.1309 acres lot