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    1201 E 56th Street

    Long Beach, CA 90805
    • $1,245,000
    • STATUS: PENDING
    • ON SITE: 174 days
    • ID#: 302441993
    Pending
    UPDATED: 113 min ago
    $1,245,000
    • 1
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    -Nearly 20% Upside in Rents -4 Garages -Located Near the New Long Beach Exchange Retail Center -$85,000 Invested in Improvements Since 2018 -New Roof, Exterior Paint & New Landscaping -Nearly 20% Upside in Rents -4 Garages -Located Near the New Long Beach Exchange Retail Center -$85,000 Invested in Improvements Since 2018 -New Roof, Exterior Paint & New Landscaping

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/103349829
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    1201 E 56th Street Long Beach, CA 90805

    • Price: $1,245,000
    • Status: PENDING
    • Updated: 113 min ago
    • ID#: 302441993
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1953
    Built
    Neighborhood:
    Long Beach (90805)
    County:
    Los Angeles
    Area:
    Long Beach (90805)
    Property Description
    -Nearly 20% Upside in Rents -4 Garages -Located Near the New Long Beach Exchange Retail Center -$85,000 Invested in Improvements Since 2018 -New Roof, Exterior Paint & New Landscaping -Nearly 20% Upside in Rents -4 Garages -Located Near the New Long Beach Exchange Retail Center -$85,000 Invested in Improvements Since 2018 -New Roof, Exterior Paint & New Landscaping
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Cooling Wall/Window Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1

    Property Features

    Actual Cap Rate 4.9 Annual Expense Actual 31481 Buildings 2 Gross Rent Multiplier Actual 13.12 Gross Scheduled Income Actual 94920 Unit Number For Unit1 1 Unit1 Rent Actual 1300.0 Water Meter On Property Zoning Lbr3t

    Listing provided courtesy of Morgan Skenderian. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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