$5,250,000 - 1071 Junipero Avenue, Long Beach

  • 0Beds
  • Baths
  • 13,376SQ. Feet
  • 0.27Acres

Built in 1987 and featuring all two bedroom two bath apartment units this well maintained property offers an investor the opportunity to own in one if the most dynamic cities in Southern California. With 2 separate parcel numbers and offering a high Capitalization Rate, while interest rates are at historic lows, allows for better leverage and a higher cash on cash return. The upstairs units have Cathedral Ceilings in the Living room and kitchen, 24 garage parking spaces are available, each unit has its own water heater (many less than 1.5 years old), and tenants pay for gas and electricity. Income shown is effective 9/1/19.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:OC19154689
  • Price:$5,250,000
  • Bathrooms:0.00
  • Square Footage:13,376
  • Acres:0.27
  • Year Built:1987
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:1071 Junipero Avenue
  • Area:Eastside, Circle Area (3)
  • Subdivision:Eastside (ES)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90804

Amenities

  • Parking Spaces:24

Interior

  • Stories:Three Or More Levels

Exterior

  • Lot Description:36-40 Units/Acre

Additional Information

  • Date Listed:July 1st, 2019
  • Days on Market:79

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Eastside (es)

  • City:
    Long Beach
  • Price Range:
    $699,000 - $5,250,000
  • Current Listings:
    12
  • HOA Dues:
    $
  • Average Price per Square Foot:
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Provided By: Mike Marcu(00919594), Mike Marcu, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of September 19th, 2019 at 9:19pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.