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Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$3,795,000
15 Beds
- 10 Baths
5,765sqft
5529 Dairy Ave, Long Beach, CA 90805
$3,795,000
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Multi Family
Built in 1964
$-- HOA
5,433 sqft lot
$658/sq.ft
Description
Price Reduction! in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 6% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
5,765 sqft
Lot Size
5,433 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25625923
MLS Status
Active
Days on Market
1
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