941 949 Cedar AV , Long Beach 90813

Well maintained 5 unit property with ideal unit mix for steady long term cash flow. There is a 3 Br / 1.5 bath separate home on the rear of the property and four more units in the front building. The unit mix in the front building consists of three - 2 BR / 1 BA units and one-1 BR / 1 BA unit. Located near downtown shopping and entertainment.

Status: 
Sold
Price: 
$829,900
Units: 
5
Annual Income: 
$71,340
Vacancy Rate: 
0%
Annual Expenses: 
$26,747
Annual NOI: 
$44,593
# of Units# of Bedrooms# of BathsUnit FurnishedGarageActual RentTotal RentPro Forma
131.5$1875
121$1150
121$985
121$1050
111$885
$5945
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