TITLE:
Beachfront turnkey condo
CONTROL:
Exclusive
VALUE:
$609,000
LOAN:
$0
EQUITY:
$609,000
TYPE:
Homes/Condos
HAVE:
Impeccably newly remodeled, furnished top floor condo offers majestic views: QueenMary & Catalina. Perfect for a home/investment. Luxury upgrades throughout. Rooftop pool deck w/ view of Ocean/Beach, sauna, gym, etc. 1973 - 1/1 bed/bath - 732sqft
WEBSITE URL:
ADDRESS:
1140 E Ocean Blvd #331, Long Beach, California
BENEFITS TO NEW OWNER:
Beach community bordering Belmont Shores an upscale community. Easy access to major freeway.
OTHER FILES:
GROSS SCHEDULED INCOME:
$44,400 Actual
VACANCY LOSS:
$3,595
GROSS EFFECTIVE INCOME:
$40,805
EXPENSES:
$7,944
NOI:
$32,861
DEBT SERVICE:
$0
CASH FLOW:
$32,861
CAP RATE:
5.40%
BENEFITS SOUGHT:
Small stable, business, laudromat, RV park, anywhere. Looking for modern mobile homes (3bed)
CAN ADD:
Other properties, land in Texas, modular structure (1bed workforce studios- 17 x 60 sq ft), cash, paper, seller creative financing
COUNSELOR:
Celine Cloutier
Keller Williams
16431 Wimbledon Lane
Huntington Beach, California, 92649
