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925 E 19th St
Long Beach, CA 90806

$1,349,000 USD

Apartments For Sale  •  4,008 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,008 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.70 %
  • Zoning R2, City/Long Beach
58 Transit Score
86 Walk Score

Highlights

Priced to sell at 9.8 GRM with upside to 8.9 GRM and a 7.7% CAP.
EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
EARN OVER A 11% CASH ON CASH RETURN AGAINST IN PLACE RENTS.
Excellent unit mix of all 2+1's with onsite parking.

Financial Summary

Cap Rate: 6.70 %

Major Tenants

Tenant SF Occupied Lease End Date
Matt Wolf

Public Transportation

Transit/SubwayDriveWalkDistance
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 8 min - 3.3 mi
Los Angeles International 30 min - 20.8 mi
John Wayne/Orange County 31 min - 22.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Jon Swire 310-948-2631 The Agency
Jon Swire 310-948-2631 The Agency