Apartments For Sale • 3,020 SF
| Strong existing income-The property currently generates approximately $8,000 per month/$96,000 annually, producing a reported $68,535 NOI. |
| Additional rental upside: Projected rents total approximately $8,800 per month, representing $9,600 in potential additional annual income |
| Desirable investment location: A highly visible corner property near Downtown Long Beach and Alamitos Beach |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| 5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 15 min | 0.8 mi |
| 1st Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 4 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 10 min | - | 4.2 mi |
| John Wayne/Orange County | 31 min | - | 20.3 mi |
| Los Angeles International | 33 min | - | 22.3 mi |