About this property

Located in the Heart of Downtown Long Beach, this is a great opportunity to own a well-kept 8 unit property with stable income and at least 10% upside in rents. The surrounding area is currently being heavily developed with an estimated $3.5 billion currently under construction. This is a great opportunity to own near the historic Willmore District with a fresh look to appeal to the young professionals flooding to Downtown's hip revival. 424 9th St comes with a mixture of hardwood floors, high ceilings, a sun-deck, granite countertops, and vintage built-in cabinets. The property consists of 2 buildings on a grassy 4,105 sq ft lot with (5) 1-bed/1-bath units and (3) studios

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Features
YEAR BUILT
1904
PRICE/SQFT
CURRENT CAP
CURRENT GRM
MARKET CAP
MARKET GRM
BEDROOMS
BATHROOMS
Lot SqFt
4,106
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Listing Code:
424 W 9th St
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