$2,400,000 4231 E 10th Street Long Beach, CA

MLS: TR20199381   Type: Income   County: Los Angeles   City: Long Beach   Area: Eastside - Circle Area   Neighborhood: Eastside   Zip: 90804   Style: Apartment  

Mortgage $11,268 /mo



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Rare opportunity to acquire a steady 100% rental occupancy (4.44% Cap Rate; value-add with strong occupancy trend), 6-unit townhouse-style 2-bedroom/2-bath units including in-unit washer/dryer built in 1989. Building entrance gate with security camera for enhanced access control and security in a prime Long Beach submarket, and great proximity to Wilson High School and Cal State Long Beach and adjacent to nearby entertainment amenities such as The Hangar at Long Beach Exchange and 2ND & PCH.

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Price History

10/1/2020 Listed $2,400,000

Additional Parcels Y/N No
Appliances Gas Cooktop, Washer
Carport Spaces 9
Carport Y/N Yes
Community Features Sidewalks
Cooling None
Electric Standard
Flooring Carpet, Wood
Garage Spaces 0
Garage Y/N No
Heating Central, Natural Gas
Interior Features Unfurnished, All Bedrooms Up
Land Lease Y/N No
Levels Multi/Split
Listing Agent Wan Hsu - BRE#01149962
Listing Agent State License 01149962
MLS Area 3 - Eastside, Circle Area
Parking Features Covered, Carport
Pool Features None
Private Pool No
Property Attached Y/N Yes
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Subdivision Name Eastside (ES)
Terms Cash, Cash to Existing Loan, Cash to New Loan
Total Actual Rent 12280
Total Units 6
Water Sewer Expense 3000
Zoning LBR3S

Interior Features

Air Conditioning Y/N No
Common Walls 2+ Common Walls
Fireplace Features None
Fireplace Y/N No
Heating Y/N Yes
Laundry Features Gas Dryer Hookup, Inside, In Kitchen, Stacked

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.11
Lot Size Area 4728
Lot Size Source Assessor
Lot Size Square Feet 4728
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Total Parking 9
Water Source Public

Property Schools

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Property vs Zip Code Avg (90804)

Price 2.40M Avg 1.38M

Acres 0.10854 Avg 0.13

Visits 325 Avg 92

Days on Site 224 Avg 64

Walkscore® 76 Avg 88

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Wan Hsu with Golden Key Realty Corporation.

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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA