EUR 2.091.228
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Huis en eengezinswoning te koop — Long Beach
EUR 1.863.000
Huis en eengezinswoning (Te koop)
Referentie:
EDEN-T118728626
/ 118728626
PRICED REDUCED TO SELL AT 9.4 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. Earn over an 8% cash on cash return against in place rents. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9 GRM and 7.5% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.
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PRICED REDUCED TO SELL AT 9.4 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. Earn over an 8% cash on cash return against in place rents. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9 GRM and 7.5% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.
Referentie:
EDEN-T118728626
Land:
US
Stad:
Long Beach
Postcode:
90813
Categorie:
Residentieel
Type vermelding:
Te koop
Type woning:
Huis en eengezinswoning
Omvang woning:
630 m²
Omvang perceel:
697 m²
Kamers:
13
Slaapkamers:
12
Badkamers:
11
VERGELIJKBARE WONINGVERMELDINGEN
GEMIDDELDE WONINGWAARDEN IN LONG BEACH
VASTGOEDPRIJS PER M² IN NABIJ GELEGEN STEDEN
| Stad |
Gem. Prijs per m² woning |
Gem. Prijs per m² appartement |
|---|---|---|
| Newport Beach | EUR 8.654 | - |
| Orange | EUR 4.864 | EUR 4.330 |
| Mahou Riviera | EUR 18.668 | - |
| Los Angeles | EUR 6.143 | EUR 6.778 |
| Ventura | EUR 4.112 | - |
| Riverside | EUR 2.459 | EUR 2.305 |
| Santa Barbara | EUR 7.439 | - |
| California | EUR 4.481 | EUR 4.201 |
| Santa Clara | EUR 7.355 | - |
| Maricopa | EUR 2.026 | - |
| Colorado | EUR 4.831 | - |
| United States | EUR 3.369 | EUR 4.760 |
| Hennepin | EUR 3.637 | - |