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2216 W Wardlow Rd
Long Beach, CA 90810 Westside Long Beach

$1,519,000 USD

Apartments For Sale  •  5,283 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,283 SF
  • Lot Size 0.13 AC
  • Building Class B
  • Year Built 1963
  • Cap Rate 6.70 %
  • Zoning LRBR1N
39 Transit Score
43 Walk Score

Highlights

Excellent Unit Mix for the area - all 2+1's.
PRICED TO SELL - 9.5 GRM on current rents with upside to 9 GRM and 7.3% CAP.
EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Potential ADU Opportunity w/4 garages in front - Buyer to verify.
Put as little as 25% down for qualified Buyers.
EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS.

Financial Summary

Cap Rate: 6.70 %

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 8 min - 3.8 mi
Los Angeles International 24 min - 17.4 mi
John Wayne/Orange County 31 min - 24.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: AttachedGarage
Included in Rent: Yes
Jon Swire 310-948-2631 The Agency
Jon Swire 310-948-2631 The Agency