420 E DEL AMO Boulevard E

About This Property

Lowest Price per door in the area with 7%+ Cap!!! Equity sale with motivated seller. No SS/REO banks to deal with!!! 8-units in great condition in desirable Bixby area of Long Beach. Private parking lot includes 10 spaces on a 10,000+ SqFt lot. All bottom units have private enclosed patios and Unit D has a full-sized private yard. Property is 100% occupied with close-to-market rents and no deferred maintenance. All one bedroom units pay their own utilities, keeping expenses low for the owner. CAP and GRM are based on ACTUAL income. Market rents are also shown below ($850/unit). Newer exterior paint, roof and new finish on 2nd floor deck. Water/Sewer expense below includes LB utility bill; water, sewer, trash, gas, etc.

Unit Mix

• 3 units · 1bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?