Sold
421 E 8th St, Long Beach
- Large duplex just north of Downtown Long Beach
- Both units have been very well maintained and much of their historical character has been preserved
- Detached units with no shared walls
- Both units can be delivered vacant allowing a new owner to move in or rent units at market price
- Low maintenance building with separately metered gas and electric
- Front house features 4 beds/2 baths plus an office and large attic for storage
- Fresh exterior paint
- Perfect for an investor or owner occupant
Price
$799,000
Annual Income
$58,740
Annual NOI
$36,182
Annual Expense
$20,796
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 4 | 2 | $ | $0 | $3,500 | $3,500 |
| 1 | 1 | 1 | $ | $0 | $1,395 | $1,395 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 2 | 5 | 3 | $0 | $4,895 |
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