4490 N Banner Dr Long Beach, CA 90807

$990,000
Long Beach, CA   90807
0 Beds, 0.0 Baths, 0 sq ft, 8,359 sq ft lot, Built in 1947
0 Beds,
0.0 Baths,
0 sq ft,
8,359 sq ft lot
Built in 1947

Description

MLS# PW13026180

8 Units adjacent to Bixby Knolls. (8) 1bed/1bth units. (3) 2 car garages and two additional spaces. Well maintained building on corner lot with onsite laundry. All tenants are HUD (Housing) tenants. (7) units at $1075 per month, (1) unit at $1061 per month. Monthly Income = $8,586 = $103,032 per year. That's only a 9.6x GRM and 6.5% cap rate. Price to Sell!!! Listed by Spencer Pabst, Pabst, Kinney & Associates.

Description

MLS# PW13026180

8 Units adjacent to Bixby Knolls. (8) 1bed/1bth units. (3) 2 car garages and two additional spaces. Well maintained building on corner lot with onsite laundry. All tenants are HUD (Housing) tenants. (7) units at $1075 per month, (1) unit at $1061 per month. Monthly Income = $8,586 = $103,032 per year. That's only a 9.6x GRM and 6.5% cap rate. Price to Sell!!! Listed by Spencer Pabst, Pabst, Kinney & Associates.

Area
Building Info
COMMON WALLS: 1 Common Wall
POOL: None
LAUNDRY: Community
Exterior Features
LOT: 0-1 Unit/Acre
Garage & Parking
PARKING SPACES: 8.00
GARAGE SPACES: 6.00
CARPORT SPACES: 2.00
Community
COMMUNITY: Sidewalks
UNITS TOTAL: 8
Land
WATER: Public
LOT NUMBER: 9
TRACT NUMBER: 13585
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