Great investment opportunity in the Wrigley neighborhood of Long Beach! This 12-unit property offers 30%+ upside in rental income and is surrounded by primarily single-family homes, making street parking more accessible. The property includes four garage spaces, providing potential for ADU conversions to increase cash flow. Three units can be delivered vacant at close of escrow. Additional income streams include an on-site coin-operated laundry room. There is potential to implement RUBS to further boost cash flow. Priced competitively at $149,917 per unit, this is an excellent value in a strong rental market. Don't miss out on this high-potential asset!
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Total population of , which has changed by % since 1990.
The median age of the population is , while the median
age of dwellings is .
Out of households, are families.
Hispanic/Non-Hispanic Population