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1409 Magnolia Ave | Long Beach CA | 7259749358

Cameron Samimi

This listing was posted on RealtyWW.

$1,700,000

Home For Sale In Long Beach, California

Price:
$1,700,000
BR/BA:
10+ BR, 6 BA
Location:
1409 Magnolia Ave, Long Beach, CA
Description:

Great Cash-Flow Deal! Located just outside of booming Downtown Long Beach, 1409 Magnolia Ave is a well-maintained 6 unit building with a high yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, and (1) 1Bed/1Bath units. The property currently grosses $13, 516/month and operates at a 6.85% CAP and 10.45 GRM. 1409 Magnolia Ave is the ideal investment for investor looking for day 1 cash-flow with significant upside in rental income. The subject property is located just outside the $6 Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Project, CSULB Downtown Village, Broadway Block, the Pacific and Queen Mary Island.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i71391892
Property Type:
Single-Family Houses
Posted:
May 4 on RealtyWW
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 1409 Magnolia Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1409 Magnolia Ave by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Long Beach CA.