5111-5119 Long Beach Ave - Apartments FOR SALE


Los Angeles, CA 90058
$1,175,000 USD
818-652-9817
5111-5119 Long Beach Ave, Los Angeles, CA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

5111-5119 Long Beach Ave
Los Angeles, CA 90058


OVERVIEW

This a great 4 unit residential apartment building with an addition 5th commercial unit that can be used as retail, office or warehouse. There is plenty of upside on the potential rents. This property is directly across the Metro A Line (Blue) that connects to Downtown LA. The commercial unit is currently vacant for an owner user looking to collect additional income from the 4 residential units or for an investor that would lease the unit for approximately $3,000 a month.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$537 USD /SF

# OF UNITS

15

PRICE/UNIT

$78,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,229 SF

ZONING

LAR2

APN/PARCEL ID

5106-026-032

ASK ABOUT THIS PROPERTY

Carlos SandovalWestSideInvestments.comMore Info
818-652-9817

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Carlos SandovalWestSideInvestments.comMore Info
818-652-9817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.