- Totally remodeled turnkey 8 unit (6+ 2 brand new ADUs) property in a high demand rental area of Long Beach - Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADUs - High yield, low expense property at an in-place cap rate of 6.2% and a GRM of 10.61 with an additional 4% in upside to a market cap rate of 6.6% and a 10.13 GRM - Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting - 100% of units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting - Two brand new 1 bed/1 bath ADUs just completed at the rear of the property separated by a new turf courtyard. ADUs include mini-split AC units, in-unit laundry hookups, open concept kitchen/living areas, stainless steel appliances, high grade cabinets, quartz countertops, and full sized bathrooms - Parking for 3-4 cars in the rear of the property