33.7736015319824 -118.173324584961

548 Nebraska Avenue LONG BEACH, CA 90802

299110195 33.7736015319824 -118.173324584961 124 /listing/299110195-150214090/548-nebraska-avenue-long-beach-ca-90802 False 0 1600000.0000 105 SB21150101 False
  • $1,600,000
  • 0.17 lot
  • Est payment $8589.15/mo

Property & Neighborhood Info

Courtesy Of Sophie Shoemake, DRE#02143044, Alden Pacific Investments, Inc.

Multi-Family in Long Beach

We are pleased to present this 4-unit in North Alamitos Beach, blocks from Long Beach’s Retro Row! Priced at a 4.1% CAP rate at $1,600,000 this property boasts an impressive mix of (1) 3bd/2ba, (1) 2bd/1ba, and (2) 2bd/1.5ba large townhome style units. Settled on a 7,428 sqft lot, there is a detached 5 spot parking garage for additional income or potential to add an ADU with room still available for surface parking. There is also a laundry room for additional income. Pride in ownership is shown with multiple capital improvements completed - including roof, termite repair and paint. This building is all electric and has low operating expenditures for the new owner. Don’t miss out on this amazing investment opportunity!

Courtesy Of Sophie Shoemake, DRE#02143044, Alden Pacific Investments, Inc.
  1. 0.17 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1967
  • Garage: 5.0
  • Floors: 2
  • County: LOS ANGELES
  • Units: 4
  • Zoning: LBR3T
  • Subdivision: Alamitos Beach (Ab)
  • MLS Number:SB21150101

Additional Features

  • Accessibility Features:
    • Parking
  • Common Walls:
    • Item2CommonWalls
  • Community Features:
    • Urban
  • Fence:
    • GoodCondition
  • Financing:
    • Conventional
  • Garage:
    • Y
  • Laundry:
    • CommonArea
  • Levels:
    • Two
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Lot Description:
    • Item25UnitsAcre
  • New Construction:
    • N
  • Pool:
    • None
  • Roof:
    • CommonRoof
  • Sewer:
    • Unknown
  • Spa:
    • None
  • Spa YN:
    • false
  • Special Conditions:
    • Standard
  • Terms:
    • Cash
    • CashtoNewLoan
    • Item1031Exchange
  • View:
    • N
    • None
  • Water:
    • Public
  • Year Built Source:
    • PublicRecords
  • Building Square Feet:
    • 4768
  • Cap Rate:
    • 4.1
  • CDOM:
    • 36
  • Co Listing Agent Email:
    • john.alden@Aldenpacificinvestments.com
  • DOM:
    • 36
  • Electric Exp:
    • 905
  • Exclusions:
    • Tenant Belongings
  • Gross Income:
    • 105108
  • Gross Scheduled Income:
    • 105108
  • Insurance Expense:
    • 1600
  • Listing Key:
    • 529366389
  • Net Operating Income:
    • 66137
  • Number of Buildings:
    • 1
  • Office Co List Name:
    • Alden Pacific Investments, Inc.
  • Office Co List Phone:
    • 3103990039
  • Operating Expense:
    • 35842
  • Parcel Number:
    • 7266017028
  • Water Sewer Exp:
    • 3641
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
33.7736015319824 -118.173324584961

548 Nebraska Avenue LONG BEACH, CA 90802

299110195 33.7736015319824 -118.173324584961 124 /listing/299110195-150214090/548-nebraska-avenue-long-beach-ca-90802 False 0 1600000.0000 105 SB21150101 False
  • $1,600,000
  • 0.17 lot
  • Est payment $8589.15/mo