2241 Earl Avenue,Long Beach, CA 90806
Year Built
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
2241 Earl Avenue,Long Beach, CA 90806
Price
Price per SF
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Year Built
Current GRM
Market GRM
2241 Earl Avenue is a 5-unit investment asset in the up-and-coming South East Wrigley neighborhood, just north of Downtown Long Beach.
The property features one 2 BD/ 1 BA unit and four 1 BD/1 BA units, all with interior renovations and upgrades, including new kitchens and bathrooms. New exterior paint provides a fresh look. Parking and laundry facilities provide income and there is potential to add parking and increase revenue.
The buiilding is located just 10 minutes (under three miles) from Downtown Long Beach and less than one mile to the 710 freeway.
2241 Earl Avenue provides an investor with a fully-rented, stabilized asset with strong in-place cash flow. Additional revenue and upside can be achieved by adding parking.