Description
152 W Market Street presents an opportunity for a purchaser to follow the lead of the long-term ownership in a value-add apartment complex located in North Long Beach. As a recently-leased vacancy has provided a major increase in income, a new investor should continue adding value, raise revenue, and improve operating efficiency. 4 Units Across 2 Structures - Built In 1959 & 1924 - One 2 Bedroom + 1 Bathroom Unit, Three 1 Bedroom + 1 Bathroom Units - 2,433 Gross Square Feet - Individually Metered for Electricity & Gas - Laundry Hookups In Each Unit - 5,427 SF Lot - LBR1N - 4 Surface Parking Spaces - 38% Rent Upside
Location
Listing Agent: David Harrington Listing Office: Matthews Real Estate Investment Services The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 23rd March, 2023 1:50 PM (UTC)
