$1,798,000
- Beds
- 4
- sq ft
- 4,944
1377 Warren Ave, Long Beach, CA 90813
1377 Warren Ave
Long Beach, CA 90813
- 54 days on market
- Price drop $1,000↓
THIS IS THE DEAL FOR YOUR CLIENT. PRICED TO SELL. 9.7 GRM AND 5.9% CAP WITH UPSIDE TO A 9.0 GRM AND 6.7% CAP. 11 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.9% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.
Details
Property type
Lot size
5,700 sq ft
Price per sq ft
$364
Year built
1922
HOA
No
Price History
06/19/2024
CLAW #24389103
Price change
$1,798,000
-0.06%
06/12/2024
CLAW #24389103
Price change
$1,799,000
-2.7%
05/07/2024
CLAW #24389103
Listed
$1,849,000
Schools & Community
Neighborhood:
Poly High District
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/01/2024 at 7:20 AM
Listing updated: 06/19/2024 at 1:57 PM
Listed by: Jonathan Swire, The Agency Phone #: (424) 230-3700
MLS: CLAW #24389103
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