3 Unit in the Willmore Historic District of Long Beach

Located just North of Downtown Long Beach. Perfect location to take advantage of the thriving arts community and extensive redevelopment in Downtown. Cash flow on day one with 25% down payment. Potential to add laundry income.

Unit Mix:
2 x 1 BDR, 1 BA @ $1000/mo.
1 x 2 BDR, 2 BA @ $1200/mo.
1 x Garage @ $100/mo.
1844 Sq Ft
Built 1922

Total Rent Per Month: $3,300

Status: 
Sold
Units: 
3
Annual Income: 
$39,600
Vacancy Rate: 
0%
Annual Expenses: 
$15,660
Annual NOI: 
$23,940
# of Units# of Bedrooms# of BathsUnit FurnishedGarageActual RentTotal RentPro Forma
111$1000$1100
111$1000$1000
121$1200$1200
$3300
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