435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
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435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
435 W 11th St
For Sale

435 W 11th St

435 W 11th St, Long Beach, CA 90813

$2,115,000
EXCELLENT ASSUMABLE FINANCING FIXED AT 3.75% UNTIL APRIL 2025. Cash on Cash during year 1 will push 8%+ with this excellent debt option. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. 10.86X GRM and 5.8% CAP with upside to 6.4% CAP. Located on the West Side blocks from Down Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree lined street. The property is professionally managed and well maintained. All units have their own private parking included and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. Current loan is with Luther Burbank Savings (now WA Fed). Loan amount is approximately $1.230.000 fixed at 3.75% through April 2025, Interest Only payments. Come April it can adjust up a maximum of 2.0% in year 1. LA is a principal. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND LOAN INFO.

14
beds

9
baths

6,395 Sq.Ft. LIVING AREA

9,685 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 435 W 11th St, Long Beach, CA 90813. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

  • total bedrooms14
  • Total bathrooms9
  • Laundry room In Unit
  • APPLIANCES None

Area & Lot

  • Status For Sale
  • Living Area6,395 Sq.Ft.
  • Lot Area9,685 Sq.Ft.
  • MLS® ID24-395069
  • TypeResidential
  • YEAR BUILT1936

Exterior

  • STORIES2
  • parkingAttached
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$2,115,000
  • Zoning LBPD10

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