1107 Mahanna

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1107 Mahanna

Long Beach, CA 90813
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building containing three individual units
  • Located within the 90813 area of Long Beach
  • Asset type categorized as an apartment building
  • Positioned in a dense urban Southern California market
  • Property available for purchase by interested investors

What's Special

This three-unit multifamily apartment building sits in the 90813 zip code of Long Beach. The property serves as a stable residential asset within a dense Southern California coastal market, benefiting from the region's strong rental demand and proximity to major employment hubs in the Greater Los Angeles area. Long Beach continues to maintain its reputation as a significant logistics and maritime center, drawing a diverse population of professional tenants who value access to urban amenities and transit corridors. Investors looking for small-scale residential holdings will find this apartment building suitable for a variety of management strategies. The layout facilitates individual unit leasing, providing a foundation for steady cash flow in a competitive rental market. Its configuration is appropriate for those seeking to expand a portfolio within the urban core of the city, capitalizing on the established housing stock of the surrounding residential neighborhood.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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