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325 W 10th St, Long Beach 90813

  • (8) 1 Bed, 1 Bath
  • (1) 2 Bed, 1 Bath
  • Upside of 12.03 GRM at Market Rent
  • This unique 9-unit building is located just north of Downtown Long Beach
  • 8 units located in front structure and a separate house located in the back
  • Along with a great unit mix, this property has great upside in rents and ADU potential
sold

UNITS: 9

GROSS RENT MULTIPLIER: 12.45

CAP RATE: 4.6%

AGENT: anthonywalker

PRICE

$2,425,000

ANNUAL INCOME

$194,779

ANNUAL NOI

$111,550

ANNUAL EXPENSE

$83,229

Rental Cost Details

# OF UNITS # OF BEDROOMS # OF BATHS ACTUAL RENT TOTAL RENT PRO FORMA TOTAL PRO FORMA
121$2,800$2,800$2,800$2,800
111$1,591$1,591$1,700$1,700
111$1,560$1,560$1,700$1,700
111$1,700$1,700$1,700$1,700
111$1,665$1,665$1,700$1,700
111$1,590$1,590$1,700$1,700
111$1,650$1,650$1,700$1,700
111$1,670$1,670$1,700$1,700
111$1,635$1,635$1,700$1,700
TOTAL # OF UNITS TOTAL # OF BEDROOMS TOTAL # OF BATHS GRAND TOTAL RENT GRAND TOTAL PRO FORMA
9109 $15,861 $16,400