Est. mensual: $6,547 Recalcular
Acerca de esta propiedad
Multifamiliar (2-4 unidades)Número de MLS: #OC24224912
Prime 5-Unit Multifamily Investment Opportunity in Long BeachIntroducing 826 Rose Ave, a fully renovated triplex in the heart of Long Beach, currently 100% occupied and generating $6,185 per month in rental income. With an annual cash flow of $78,600, this property offers immediate returns with future growth potential through a fully approved expansion 2 unit ADU.
FOR SALE: $1,850,000 Owner s Loss, Investor s Gain: Due to funding requirements for another project, the owner must sell this valuable asset, creating a unique opportunity for investors.
Expansion Opportunity with Fully Permitted ADU Plans:
The property includes fully permitted, shovel-ready plans for two additional ADU units (each a 2-bed, 2-bath, 2-story design), which will transform this triplex into a 5-unit multifamily property with a proforma annual cash flow of $140,220 upon completion and an estimated cap rate of 6.07%.
Property Highlights:
Current Units: 3 fully renovated units, fully occupied, with $6,185 monthly rental income ($78,600 annually).
Future Expansion: Includes fully permitted plans for two new ADU units, adding 1,584 sq. ft. of living space.
Construction: Contractor selected via BuildZoom, ready to begin with a 6-8 month build timeline and total build cost of $434,000.
Investment Potential: After completion, the property will offer 5 units, a projected ARV of $2.4M to $2.6M, proforma cash flow of $139,000 annually, and a cap rate of 6.06%.
Prime Location: Situated in a vibrant Long Beach neighborhood, with easy access to schools, parks, dining, and the beach.
This is a rare opportunity to acquire a high-performing investment property with significant upside potential. Whether you're a seasoned investor or looking to expand your portfolio, 826 Rose Ave is a must-see!
Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
---|---|
Amenidades: | Puerto, Sistema de seguridad, Sistema de seguridad |
Estilo arquitectónico: | Español |
Tipo de tejado: | De baldosas |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Los comentarios sobre la propiedad se emplea traducción computarizados. La traducción es automática y es solo una aproximación al contenido original proveído del sitio web. La traducción no se debe de considerar exacta ni basarse en ella. No asumimos responsabilidad por la exactitud de la traducción.
Escuela primaria
BURBANK ELEMENTARY SCHOOL
0.4
MillasVer detalle
Escuela secundaria (ciclo básico)
FRANKLIN CLASSICAL MIDDLE SCHOOL
0.5
MillasVer detalle
Escuela secundaria (ciclo superior)
POLYTECHNIC HIGH SCHOOL
1.0
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Lincoln Elementary School | 0.5 mi | Public | KG-5 | B- |
Huntington Academy | 0.5 mi | Private | KG-5 | |
St Anthony Parish School | 0.7 mi | Private | PK-8 | |
St Anthony High School | 0.8 mi | Private | 9-12 | |
Willard Elementary School | 0.8 mi | Public | KG-5 | C |
John G. Whittier Elementary School | 0.8 mi | Public | KG-5 | C |
Clear Passage Educational Center | 0.8 mi | Public | 9-12 | F |
Robert Louis Stevenson Elementary School | 0.9 mi | Public | KG-5 | C+ |
Nieto Herrera Elementary School | 0.9 mi | Public | KG-5 | B- |
Montessori On Elm | 1.0 mi | Private | PK-4 | |
Jessie E. Nelson Academy | 1.1 mi | Public | 6-8 | C |
Alvarado Elementary School | 1.1 mi | Public | KG-5 | A- |
Roosevelt Elementary School | 1.1 mi | Public | KG-5 | B |
Mann Elementary School | 1.2 mi | Public | KG-5 | C+ |
Renaissance High School For The Arts | 1.2 mi | Public | 9-12 | C+ |
Jefferson Leadership Academies | 1.2 mi | Public | 6-8 | B |
Oropeza Elementary School | 1.2 mi | Public | KG-5 | C |