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1208 E Broadway, Long Beach 90802

Beautiful vintage charm property centrally located in the prime are of Alamitos Beach in the city of Long Beach. Compromised of four large one bedroom units the includes a refrigerator, stove and wall heater. Blocks from the ocean, restaurants, parks, coffee shops, metro and bus stops. Look no further and add this to your portfolio.

sold

UNITS: 4

GROSS RENT MULTIPLIER: 22.79

CAP RATE: 3.07

PRICE

$950,000

ANNUAL INCOME

$49,320

ANNUAL NOI

$34,676

ANNUAL EXPENSE

$14,799

Rental Cost Details

# OF UNITS # OF BEDROOMS # OF BATHS ACTUAL RENT TOTAL RENT PRO FORMA TOTAL PRO FORMA
411$4,110$16,440$4,960$19,840
TOTAL # OF UNITS TOTAL # OF BEDROOMS TOTAL # OF BATHS GRAND TOTAL RENT GRAND TOTAL PRO FORMA
411 $16,440 $19,840
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