4 Unit Multifamily 5.4 Cap Rate DEAL! - Long Beach, California, United States

Amazing opportunity to own this Four Unit Income Producing Property in the city of Long Beach. This Gorgeous Building sits on a Large 6,507 sqft lot, and features 4 Extensively Remodeled Units. Including 2 Detached Buildings with Two 2 Bedroom and 1 Bathroom Spacious Units with Private Front Yard in the front, and Two 1 Bedroom and 1 Bathroom Units in the back. Each Unit comes with a Separate Garage Space. All Kitchens are Meticulously Remodeled with Quartz Countertops, High-End Cabinetry and Fixtures, and Stainless Steel Appliances. Updated Bathrooms with Custom Tile Flooring, Newer Vanities and Fixtures, Quartz Counters, and many more. Front 2 Units have their own Washer and Dryer hookups inside. All 4 Units were Updated with Wood Laminate Flooring, Dual Pane Windows, New Front Doors, and Electrical and Plumbing upgrades as well. Roof on the back two units were replaced recently as well. Walking distance to shops and restaurants, about a Mile away from the Beach, and in very close proximity of California State University of Long Beach. This great property is currently operating at a 5.4% CAP Rate, which is extremely rare.