Property Detail

1130 5th

Long Beach CA 90802

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$1,450,000

Status: Active

Property Details

Description

• Across the street from Franklin Classical Middle School • Minutes to Alamitos Beach & Downtown Long Beach • Walking distance to 4th Street Retro Row – Walk Score of 92 • Upgraded electric panels • Approximately 18% rental upside • 6.5% Cap Rate – current rents 8.5% Cap Rate – market rents • Pro Forma 12% Return

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