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1208 Daisy AVE Long Beach, CA 90813
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Key Details
Sold Price $1,370,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC15244305
Sold Date 01/25/16
HOA Y/N No
Year Built 1923
Lot Size 7,405 Sqft
Property Description
The subject property consists of 10 single/one-bath units with full kitchens and two, one-bedroom/one-bath units. This investment presents a stable, low expense, turn-key opportunity with a 6% Cap Rate on the current income. The building was recently extensively renovated and upgraded. Some of the upgrades include but are not limited to: new cabinetry, new Pex plumbing, new countertops, new fixtures, new windows, new bathrooms, new appliances, and new floors. There is also an on-site laundry room for tenants convenience.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Common Area
Exterior
Pool None
Community Features Street Lights
Utilities Available Sewer Available
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story One
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 7272003006
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Greg Bassirpou • Marcus & Millichap RE Invest