Properties
Long Beach, CA 90806 925 E 19th Street
$1,349,000
Pending
9 more
Presented By: Jonathan Swire with The Agency;
Beds • 12
Baths • 6
SQFT • 4,008
Home Details
Priced to sell at 9.8 GRM with upside to 8.9 GRM and a 7.7% CAP. 6 units located in Long Beach NOT subject to local rent control, just AB 1482 (max increase of 5% + CPI). All 2/1's. Electrical was updated in 2024. The property was updated in 2019 throughout and is professionally managed and well maintained. Property has onsite laundry and 4 parking spaces which are rented to tenants. Qualified Buyers can put down as little as 25%. EARN OVER A 11% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Email Listing Agent for more info including a Rent Roll and OM.
Presented By: Jonathan Swire with The Agency;
Interior Features for 925 E 19th Street
Bedrooms
Total Bedrooms12
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
Air Conditioning Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
General for 925 E 19th Street
Cap Rate6.6
CityLong Beach
CoolingNone
CountyLos Angeles
Directions6 units in Long Beach NOT subject to local rent control.
Full Baths
Gross Income138000
HOANo
HeatingWall Furnace
LevelsTwo
Living Area4008
Lot Size Square Feet7503
Lot Size UnitsSquare Feet
MLS Area9 - Poly High
Net Operating Income88000
New ConstructionNo
Number Of Units Total6
Open Parking Spaces4
PostalCityLONG BEACH
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Year Built1959
ZoningLBR1N
Exterior for 925 E 19th Street
Building Area Total4008
Lot Size Acres0.1722
Lot Size Area7503
Number of Buildings1
Parking FeaturesAssigned
Total Parking4
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
