32 bedroom house for sale
Long Beach CA 90813
- Property Type
- House
- Price
- $3,695,000
- Beds
- 32
- Baths
- 13
Overview
736-742 Olive is a 12-unit apartment building located in Long Beach, CA. The property is priced at a 6.0% cap rate and an 11.56 GRM on current rents. Built in 1927, the property includes (2) studios, (1) 5BD/2BA unit, and (9) 3BD/1BA units. Parking is available on-site with eight (8) garages and eight (8) surface spaces. The majority of the units have been updated with new flooring, paint and countertops. New ownership can generate additional upside by converting garages to ADUs, without losing surface parking in the interior courtyards. With a 91 Walk Score, the asset is well located near vibrant Downtown Long Beach and Alamitos Beach.
Details
- Beds: 32
- Baths: 13
- Price: $3,695,000
- Reference No.: 69057419
- Area: 9,679 sqft
Location
Long Beach CA 90813
32 bedroom house for saleRelated Properties
Disclaimer
2024-03-09, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-09, Viewed 0 times.
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