$1,195,000 Price Analysis 1830 W Willow StLong Beach, CA 90810 Unknown bed None bath 3,250 SqFt ($367/SqFt) 3,618SqFt lot. Built 1962 Listed 2024-05-01, Taxes $4,541 | Ⓧ USDA Ineligible due to price & location near Long Beach |
250 SF 6-Unit property on a 3, 618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market C AP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases.
It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drive to Downtown Long Beach With its premier location, current income and immediate upside, 1830 W Willow Stret is an outstanding opportunity for investors looking for a value-add opportunity in the Harbor Area.
Presented by Brett Lyon at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24086970 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $256,773 + $39,546 $296,319 | $4,541 |
2021 | $251,739 + $38,771 $290,510 | $4,421 |
2020 | $249,158 + $38,374 $287,532 | $4,409 |
2019 | $244,273 + $37,622 $281,895 | $4,357 |
2018 | $239,484 + $36,885 $276,369 | $4,204 |
2017 | $234,789 + $36,162 $270,951 | $4,158 |
2016 | $230,186 + $35,453 $265,639 | $3,869 |
2015 | $226,729 + $34,921 $261,650 | $3,730 |
2014 | $222,288 + $34,237 $256,525 | $3,736 |
2013 | $221,284 + $34,083 $255,367 | $3,632 |
2012 | $216,946 + $33,415 $250,361 | $3,677 |
2010 | $212,693 + $32,760 $245,453 | $3,502 |
2009 | $211,606 + $32,594 $244,200 | $3,442 |
2009 | $211,104 + $32,516 $243,620 | $3,442 |
2008 | $207,457 + $31,955 $239,412 | $3,210 |
2007 | $203,390 + $31,329 $234,719 | $3,099 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.