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1208 E Broadway, Long Beach

Beautiful vintage charm property centrally located in the prime are of Alamitos Beach in the city of Long Beach. Compromised of four large one bedroom units the includes a refrigerator, stove and wall heater. Blocks from the ocean, restaurants, parks, coffee shops, metro and bus stops. Look no further and add this to your portfolio.

Property Details

  • Units: 4
  • Gross Rent Multiplier: 22.79
  • Cap Rate: 3.07
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Price

$950,000

Annual Income

$49,320

Annual NOI

$34,676

Annual Expense

$14,799

Rental Cost Details

# OF UNITS# OF BEDROOMS# OF BATHSACTUAL RENTTOTAL RENTPRO FORMATOTAL PRO FORMA
411$4,110$16,440$4,960$19,840
TOTAL # OF UNITSTOTAL # OF BEDROOMSTOTAL # OF BATHSGRAND TOTAL RENTGRAND TOTAL PRO FORMA
411$16,440$19,840

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