Long Beach, CA 90813 717 E 8th Street

This is it ! Already offering CAP RATE 5.5% !! Excellent performing and very solid rent incomes and beautifully remodeled 4 unit in Long Beach ""This 4 units collects $7,060 / mo , GSI $84,720 , NOI : $59,304 "" !! 4plex consists of three 1 bedroom 1 baths and one 4 bed 2.5 bath plus 2 garages and 1 back yard parking and 1 front driveway parking spaces. Front building is newer roof and new paint with 4 bed 2.5 bath DETACHED single family home. 3 units on back building and also well maintained. This property is located near to Downtown Long Beach, which has seen major redevelopment in recent years, conveniently near the Metro Blue Line and the 710 Freeway, and less than one mile from the beach. Buyer to do their due diligence and check city requirements, verify square footage and, confirm accuracy of all records and information.