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Real Estate and Homes   USA   CA   Orange County Area   Long Beach   Single-Family Home   5 BR -

736-744 Olive Ave | Long Beach CA | 7193488783

Robert Stepp

This listing was posted on RealtyWW.

$3,695,000

Home For Sale In Long Beach, California

Price:
$3,695,000
BR/BA:
5 BR, 10+ BA
Location:
736-744 Olive Ave, Long Beach, CA
Description:

736-742 Olive is a 12-unit apartment building located in Long Beach, CA. The property is priced at a 6.0% cap rate and an 11.56 GRM on current rents. Built in 1927, the property includes (2) studios, (1) 5BD/2BA unit, and (9) 3BD/1BA units. Parking is available on-site with eight (8) garages and eight (8) surface spaces. The majority of the units have been updated with new flooring, paint and countertops. New ownership can generate additional upside by converting garages to ADUs, without losing surface parking in the interior courtyards. With a 91 Walk Score, the asset is well located near vibrant Downtown Long Beach and Alamitos Beach.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i69057419
Property Type:
Single-Family Houses
Amenities:
Parking
Posted:
March 5 on RealtyWW
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a Five Bedroom 10 Bathroom, 10+ BA, 13 Bathroom Single-Family Homes for Sale at 736-744 Olive Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 736-744 Olive Ave by searching Oodle Classifieds for Five Bedroom 10 Bathroom, 10+ BA, 13 Bathroom Single-Family Homes for Sale in Long Beach CA.