1465 Henderson Avenue
Long Beach, CA 90813

  • – beds
  • – baths
  • – sqft
  • 4,732 sqft lot
  • 1954 build
  • on site

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PRICED TO SELL. 10.9X GRM and 6.1% CAP on current rents. 6 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All interiors have been updated (new kitchen cabinets, flooring, bath tile, fixtures, etc.) and property is professionally managed and maintained. There are 5 parking spaces in the rear plus a storage room (rents for $150 per month). Currently the spaces are not being charged for and new ownership could change this and get $100-125/month per space. There is onsite laundry as well. There is an existing loan fixed at 3.4% through Sept 2024 (approx. $690K balance) that may be assumable. Contact Listing Agent for a complete Marketing Package including a current Rent Roll.

California Regional MLS logo Listed By CRMLS_CA / Jonathan Swire / The Agency

Last checked: Checking… • Last updated Jan 30, 2024 •

MLS# 23334839 —

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Sale history

Date Event Source Price % Change
1/30/24
Sold CRMLS_CA $1,299,000
12/14/23
Pending CRMLS_CA $1,299,000
11/28/23
Listed / Active CRMLS_CA $1,299,000 9.6% (1.8% / YR)

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Multifamily Sold on 1/30/2024

$1,299,000

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Listing provided by broker:

Jonathan Swire

The Agency

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and The Agency. Based on information from California Regional Multiple Listing Service, Inc. as of 23:56 on May 16.

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.

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