James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
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Residential IncomeFor Sale
$1,388,000
5423 Dairy Avenue
Long Beach, CA 90805
Listed by Ricardo Parada DRE#01120414 [email protected] Berkshire Hathaway HomeServices California Properties
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$7,265/mo

Featuring 6 one bedroom, 4 units with garage with 1 space each. there is a bonus room "studio" with 1 bdrm. 1 bth. and a kitchen, in addition to the 6 Units. This property offers an investor the opportunity to re-position through renovation and increased rents. The landlord provides the water. Located in the dynamic 90805 zip code this property will benefit for many years from the development that will create local jobs. The Market Capitalization Rate, based on market rents, exceeds 7 per cent.

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Information courtesy of Berkshire Hathaway HomeServices California Properties is subject to verification and is not guaranteed.
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