Offer · Commercial Real Estate 101

Jan 27 (edited) • I GOT A DEAL!

Offer

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11-Unit Long Beach Income Play

strong in-place income with upside. Long Beach | 11-Unit Apartment🏢 11 units💰 Asking: ~$1.63M💵 Gross rental income: ~$186,000 / year📉 Net operating income (NOI): ~$122,000 / year📊 ~7% in-place cap rate🚫 No local rent control (AB 1482 only)💡 Master-metered utilities → RUBS / expense upside📈 Value-add opportunity Cash-on-Cash Snapshot:

In-place CoC: stable, cash-flowing
Post-optimization CoC: improves with rent increases + utility reimbursement

Quick Description:

Well-maintained 11-unit asset in a solid Long Beach rental pocket. Producing strong income today with clear, realistic upside — no heavy construction needed.

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