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$1,629,000
1 Day On Site

1377 Warren Avenue
Long Beach, CA 90813

For Sale|Residential Income|Active
4
Beds
11
Total Baths
4,944
SqFt
$329
/SqFt
1922
Built
County:
Los Angeles
Listed by Jonathan Swire of The Agency [email protected]
1377 Warren Avenue1377 Warren Avenue1377 Warren Avenue1377 Warren Avenue
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Monthly Payment (Est.)

$7,432
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PRICED TO SELL. 8.7 GRM AND 7.0% CAP WITH UPSIDE TO A 8.1 GRM AND 7.9% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.0% 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. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.

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Listing Snapshot
Price 
$1,629,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
4,944 sqft
Total Baths 
11
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1309 Acres
Year Built 
1922
MLS® Number 
26640863
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.1309
Levels 
Multi/Split
Number Of Stories 
2
Parking 
None
Special Circumstances 
Standard
SqFt Total 
4944
Zoning 
LBR2N
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
9 - Poly High


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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