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4336 North Lakewood Boulevard
Long Beach, CA 90808
Asking Price
$1.90M
Cap Rate
7.09%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Prime Turn-Key Multi-Family Investment Opportunity In Long Beach <ul><li>Six 1 Bed / 1 Bath Units</li><li>6 Separate One Car Garages (Rare In LB) w/ Additional Parking Space For Each Unit </li><li>Four Units Recently Remodeled - Two Units Nicely Remodeled About 10 Years Ago At Last Tenant Move-Out</li><li>On-Site Laundry Income</li><li>Newer Mechanicals Updates - Electrical / Plumbing / Roof / & More</li><li>Impeccably Maintained By Long Term (1971) Owner</li></ul>
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NOI
$80,000
Cap Rate
4.22%
DSCR
0.71
Underwater
Cash-on-Cash
-5.72%
Monthly Payment
$9,375.426
Annual Cash Flow
$-32,505.113
