1239 E FLORIDA Street E

About This Property

Cash Flow property with GRM of 10 (7 cap). Recently renovated with permits. New owner should have minimal maintenance. New sewer line, new roof, new locks, tented and termite damage repaired, custom and faux paint, high end carpet, hardwood floors, etc. Pride of ownership property. The landscaping is beautiful with multiple queen palms, below ground irrigation in front, lots of color. Two buildings with gated courtyard and dual decks make this a private sanctuary for tenants to BBQ, pet friendly (with large deposit), on site laundry, four separate oversized garages with alley access and rented separately are in demand in this parking impacted area. Partial basement. Quiet street with good neighbors. Craftsman style construction. High walk score of 82 from walkscore This is the type of property investors love: highly desirable area 4 blocks to the beach and near downtown, quiet neighborhood with the amenities to keep occupancy & profits HIGH!

Unit Mix

• 2 units · 2bd / 1ba
• 2 units · 1bd / 1ba

Neighborhood

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