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Listed By:
Lyon Stahl Investment Real Estate, Inc., 310-259-7556, Cameron Samimi
Listing Sold By:
NONMEMBER MRML
Local Realty Services Provided By:
Keller Williams Realty Pacific Estates
Overview
What It'll Cost
Neighborhood
Similar Homes
1132 E Arcadia Court, Long Beach, CA 90813
1132 E Arcadia Court, Long Beach, CA 90813
Estimation provided by Keller Williams Realty Inc.
Closed
Sold
Property Description
6.01% current in place cap rate and 10.76 GRM with tons
of upside (43% rental upside). Value-Add investors will
want to take note of of the ADU opportunity on this
asset. RARE 8 parking spaces on this overparked asset.
1132 Arcadia is a perfect asset for a new or
experienced investor located at the end of a quiet Culde-
sac near the hottest and fastest growing market in
LA Counties own in Long Beach. Great unit mix
comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units,
most of which have been lightly renovated in the past
2 years. There are 8 parking spaces on site, adding
significant value to the property. Each unit is
separately metered for gas and electric.
The subject property is located just outside the $6
Billion of new development flooding into Downtown
Long Beach, including the Long Beach Civic Center,
Aquarium, OceanAire Project, CSULB Downtown Village,
Broadway Block, The Pacific and Queen Mary Island.
of upside (43% rental upside). Value-Add investors will
want to take note of of the ADU opportunity on this
asset. RARE 8 parking spaces on this overparked asset.
1132 Arcadia is a perfect asset for a new or
experienced investor located at the end of a quiet Culde-
sac near the hottest and fastest growing market in
LA Counties own in Long Beach. Great unit mix
comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units,
most of which have been lightly renovated in the past
2 years. There are 8 parking spaces on site, adding
significant value to the property. Each unit is
separately metered for gas and electric.
The subject property is located just outside the $6
Billion of new development flooding into Downtown
Long Beach, including the Long Beach Civic Center,
Aquarium, OceanAire Project, CSULB Downtown Village,
Broadway Block, The Pacific and Queen Mary Island.
Property Details
Compare This Home
Overview
Property Type
Apartment
Property Size
Year Built
1962
Days on Site
201 Days
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$1,050,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
10/23/2024
Price Decrease
(-2.17% )
09/03/2024
Listed
No Tax History Data
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The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Long Beach Poly
Car-Dependent
Walkable
Very Walkable
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