1830 W Willow Street
Long Beach, CA 90810
0.08 acres | #SB24086970
Description
1830 W Willow Street is a 3,250 SF 6-Unit property on a 3,618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies.
Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases. It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach
With its premier location, current income, and immediate upside, 1830 W Willow Street is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.
Property Details
- Lot DescriptionItem610UnitsAcre
- Stories2
Measurements
- Acres0.0831
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1962
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,195,000
Other
- MLS #SB24086970
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Brett Lyon (#SBLYONBRE)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
Listing Courtesy (Buyer)
Buyer's Agent: General NONMEMBER (#NONMEMBER)
