67 W Pleasant

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67 W Pleasant

Long Beach, CA 90805
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 apartment building available for purchase in Long Beach
  • Asset contains a total of 2 residential rental units
  • Located within the 90805 zip code of Southern California
  • Property features a strategic position near major urban transit routes
  • Suitable investment for portfolio expansion or residential rental income

What's Special

Long Beach serves as a major hub within the Greater Los Angeles area, benefiting from robust local employment sectors and consistent demand for rental housing. Positioned at 67 W Pleasant, this multifamily apartment building provides a stable foundation for residential investment in a dense urban environment. The asset consists of 2 units, making it an efficient choice for investors seeking smaller-scale residential holdings or those looking to expand a portfolio within the 90805 zip code. Residents in this area enjoy proximity to regional transit corridors and the diverse amenities associated with Southern California coastal living. This property configuration is well-suited for long-term rental income or potential owner-occupancy strategies within a mature neighborhood setting.

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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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