456 W Cowles Street, Long Beach, CA 90813

$815,000
List Price
$815,000
Status
PENDING
MLS#
PW17053195
Year Built
1928
Lot Size
4,092
Lot Location
Park Nearby
Days on Market
74
Property Type
Multifamily
Neighborhood
Other (Othr)

Property Description

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.

Additional Information

Tract Number
7518
Lot Description
Urban
Pool Description
None
Garage Spaces Total
3
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of Steven M. Bogoyevac, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.