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1152 East Hill Street
Long Beach, CA 90806
Asking Price
$280K
Asset Type
Residential Land
Class
Class B
What's Special
Land | 6,206 SqFt <ul><li>±6,206 SF land parcel located at 1152 East Hill Street in Long Beach</li><li>Currently zoned Light Industrial with updated zoning that allows for residential development potential</li><li>Surrounded predominantly by established residential neighborhoods, supporting potential residential repositioning</li><li>Ideal opportunity for developers, investors, or owner-users seeking redevelopment potential</li><li>Centrally located with convenient access to major transportation corridors an
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NOI
$80,000
Cap Rate
28.57%
DSCR
4.81
Strong
Cash-on-Cash
75.45%
Monthly Payment
$1,385.287
Annual Cash Flow
$63,376.553
