PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% CAP. 7 units in Long Beach NOT subject to local rent control – AB 1482 Only (5% + CPI max increase). All units are 2+1’s. 4 garages in the front – potential ADU opportunity – Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 – new cabinets, flooring, etc. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM.
Property Details
Price:
$1,570,000
MLS #:
25525531
Status:
Active
Baths:
0
Address:
2216 W Wardlow Road
Type:
Residential Income
Neighborhood:
11westside
City:
Long Beach
Listed Date:
Apr 15, 2025
State:
CA
ZIP:
90810
Lot Size:
5,651 sqft / 0.13 acres (approx)
Year Built:
1963
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Garage Spaces
4.00
Parking Features
Assigned
Parking Spots
4.00
Financial
Map
Community
- Address2216 W Wardlow Road Long Beach CA
- Area11 – Westside
- CityLong Beach
- CountyLos Angeles
- Zip Code90810
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2216 W Wardlow Road
Long Beach, CA
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