flag This property
sold
for
$1,000,000 8 years ago.
1131 Mahanna Avenue
Long Beach,
CA 90813
1131 - 1133 Mahanna Avenue presents an opportunity for a purchaser to follow the lead of the long-term ownership and capture future rent upside with a bungalow-style building, in the Lincoln neighborhood of Long Beach. As upgrades can result in a tremendous increase in potential income, a new investor can continue to add value, raise revenue and improve operating efficiency. 6 Units - Built In 1922 - 3,724 Gross Square Feet - One 2 Bedroom + 1 Bathroom Unit, Five 1 Bedroom + 1 Bathroom Units - Four Garage Spaces - 46% Rent Upside Potential (No Rent Control in Long Beach) - Average Unit Size of 621 Sq Ft Each - 0.18 Acre Lot - LBR2N Zoning - Copper Plumbing (Buyer to Verify)
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Listing Agent: David Harrington | Office: Matthews Real Estate Investment Services
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