456 West Cowles Street is a six-unit apartment building in the Washington neighborhood of Long Beach, California. The property is in a good location adjacent to Seaside Park, less than one-quarter of a mile from George Washington Middle School and conveniently near the 710 Freeway. The property comprises four studio and two two-bedroom/one-bath units. It also offers three single-car garages and on-site laundry. With approximately 21 percent potential upside in rents and a good location in a dense rental market, 456 West Cowles Street presents a great opportunity for an investor to rehabilitate and reposition the property in order to add value and push rents closer to market levels.
Listing courtesy of Steven M. Bogoyevac, Broker.
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