846 N Washington

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846 N Washington

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 apartment building available for sale in Long Beach
  • The residential property contains two distinct rental units
  • Asset located at 846 N Washington in California
  • Situated within a densely populated Southern California urban market
  • Property position offers access to established regional transit infrastructure

What's Special

Long Beach serves as a major economic hub within Southern California, supported by a busy port and a diverse local economy. This apartment building located at 846 N Washington provides an investment footprint within this active urban market. The property consists of two multifamily units suitable for residential leasing. Given the dense population and consistent demand for housing in the region, the site presents a practical addition to a rental portfolio. Prospective investors may consider this asset for long-term hold strategies, taking advantage of the city's coastal location and proximity to regional employment centers. Its position in the 90813 zip code allows for accessibility to local transit routes and established neighborhood services that characterize this part of the metro area.

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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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