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500 E 51st Street #15
USD 3,885,000
Property ID: PW25062894
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500 E 51st Street #15 ,90805
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icon 7384 SqFt
icon Built in 1963
icon USD 526/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
11322
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1963
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Detailed Introduction Of This Home
Located in the heart of Long Beach, 15 unit apartment building majority 2 bedrooms (10) and five 1 bedrooms. This building offers a prime investment opportunity with upside in rents. With a diverse pool of tenant base looking for affordable housing there's sure to be a stream of renters. There is also opportunity for additional income with garage spaces as well as potential RUBS income, one side of the building is master metered. Recent cap ex includes a new roof over the 500 side of the property and roof update to the 520 side. All new paint over the entire building. Hand Railings were reinforced on the second floor, walkways were also updated and re done. New flooring in the laundry rooms, a new 100 gallon water heater on the 500 side. And 90% of the units have vinyl plank, all recently installed. With all the work being done recently there is still opportunity for an investor to increase rent and add additional income.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (28)
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500 E 51st Street #15
USD 3,885,000 0 Beds
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