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Image 1 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 2 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 3 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 4 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 5 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 6 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 7 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 8 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Image 9 - 1100 East Arcadia Court, Long Beach, CA 90813, USA - House for sale
Home For Sale In Long Beach, California
1100 East Arcadia Court, Long Beach, CA 90813, USA

Home For Sale In Long Beach, California

house for sale
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Listed: 04/01/24

1100 East Arcadia Court, Long Beach, CA 90813, USA

7 Bed:
5 Bath:
2,886 Sq Ft Living Area:
Save
Price
$ 1,25M

About This House

Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.01% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future.

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Cambodia Town Housing & Living

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.