$275K PRICE REDUCTION - SELLER IS MOTIVATED. PRICED TO SELL - ONLY $226/SF. 13 units located in the Wrigley area of Long Beach subject to AB 1482 Rent Control (5% + CPI increases). Excellent unit mix for the area with onsite laundry and parking. 10.1 GRM on current rents with upside to 8.3 GRM and 7.9% CAP with all units at market rent. Property features 3 open parking spaces in the rear as well as 4 garages. There are also 2 covered garages in the front - possible ADU conversion - buyer to verify. Each unit also features it's own private balcony space. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Days on market: 82
Listing updated: April 23, 2025 - 04:45:04
Listed by: Jonathan Swire DRE #01336277 424-230-3700, The Agency - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X79013 Originating MLS: CRMLS
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