4336 N Lakewood, Long Beach, CA 90808

$1,895,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,895,000
Price Change
▼ $100,000 1774660827
Status
ACTIVE
MLS#
PW26054894
Year Built
1953
Lot Size
7,414
Acres
0.17
Lot Location
Front Yard, Level, Rectangular Lot, Walkstreet
Days on Market
137
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level, Two Levels
Neighborhood
Lakewood Apartments

Property Description

Prime Turnkey Investment Opportunity In Long Beach – Remodeled 6-Unit Complex. Exceptional Opportunity To Acquire A Recently Remodeled, Turnkey 6-Unit Multifamily Income Property In The Highly Desirable Thriving Rental Market Of Long Beach. Pride Of Ownership Radiates Throughout This Meticulously Updated Complex, Offering A Virtually Maintenance-Free Asset For Both Seasoned & First-Time Investors Looking For Immediate, Reliable Cash Flow. The Property Features An Optimal Unit Mix Of Six Well-Appointed 1-Bedroom, 1-Bathroom Apartment Homes With Individual Garages & Additional Onsite Parking. Each Unit Has Undergone Comprehensive Interior Renovations To Meet The Demands Of Today’s Premium Renters. Upgrades Include Beautifully Modernized Kitchens, Refreshed Bathrooms With Contemporary Fixtures, Large Walk-In Showers & Custom Tile Work. Each Unit Also Boasts Either Original Hardwood Or LVP Flooring, Fresh Interior Paint, Recessed Lighting, & Upgraded Hardware Throughout. Ideally Situated In Long Beach, This Property Offers Tenants Unparalleled Access To The Best The City Has To Offer. It Is Just Minutes Away From Bouton Lakewood Country Club, Lakewood Village, The Vibrant Dining & Entertainment Scenes Of Downtown Long Beach (DTLB), The Trendy Retro Row, Alamitos Beach, & The Pike Outlets. With Excellent Walkability, Easy Access To Public Transit, Close Proximity To Major Freeways (710, 405), Long Beach Airport & California State University, Long Beach (CSULB), The Location Guarantees A Deep & Consistent Pool Of Highly Qualified Prospective Tenants. Don't Miss Out On This Rare Chance To Add A Stabilized, High-Performing Coastal Asset To Your Real Estate Portfolio.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$134,400
Operating Expense
12249

Listing courtesy of Listing Agent: James Sallinger (Jim@SallingerRealtyGroup.com) from Listing Office: SRG Properties.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.