1009 E. 2nd Street,Long Beach, CA 90802
Year Built
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
1009 E. 2nd Street,Long Beach, CA 90802
Price
Price per SF
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Year Built
Current GRM
Market GRM
1009 E. 2nd Street is an 8-unit investment asset in prime Alamitos Beach. The property is comprised of five 1 BD/1 BA units; two 2BD/2 BA units; and one 2 BD/2.5 BA unit.
All apartments are bright and sizable; five have been meticulously renovated with modern fixtures and finishes, including new countertops, laminate wood flooring, stainless steel appliances, bathtubs and vanities, ceiling fans, lighting, and window coverings.
Exterior and common area renovations include a remodeled laundry room with new machines, modern fencing, paint and hardware, as well as drought-tolerant landscaping, drip irrigation and lighting.
Eight parking spaces, onsite laundry facilities and six storage units provide additional income.