2123 W Columbia St, Long Beach, CA 90810

12.25 GRM and 5% Cap rate with over 28% upside in rents! 9.5 GRM and 7% Cap Rate on market rents! See updated Rent Roll (notes in private remarks). Prime investment opportunity for a savvy investor or owner occupant buyer with unit(s) available for a buyer to move-in! The property is now priced at $232,500 per unit, situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School. This meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts a huge upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively at $232,500/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.