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183 Pleasant, Long Beach 90805

  • Perfect starter duplex – two 1 bed, 1 bath units with a 2 car attached garage
  • Onsite laundry room between units
  • Only 2 blocks North of Bixby Knolls
  • New roof installed in 2017
  • Granite counters in kitchens
  • 9% upside for future cash flow
  • Super low expense building with no landscaping to water
  • One block from Dooley Elementary School and national retailers
sold

UNITS: 2

GROSS RENT MULTIPLIER: 16.08

CAP RATE: 3.5%

AGENT: anthonywalker

PRICE

$549,000

ANNUAL INCOME

$32,940

ANNUAL NOI

$19,391

ANNUAL EXPENSE

$13,102

Rental Cost Details

# OF UNITS # OF BEDROOMS # OF BATHS ACTUAL RENT TOTAL RENT PRO FORMA TOTAL PRO FORMA
111$1,350$1,350$1,395$1,395
111$1,320$1,320$1,395$1,395
TOTAL # OF UNITS TOTAL # OF BEDROOMS TOTAL # OF BATHS GRAND TOTAL RENT GRAND TOTAL PRO FORMA
222 $2,670 $2,790