1101 PACIFIC AVE Long Beach, WA98631
$1,950,000
16 total units
2 total bedrooms
1 total bathrooms
$219,000 annual income
Capitilization Rate: 7.15
12672 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Long Beach
Zoning: Veify
1286 days on market
VestorFilter™
Price per unit$121.9K/unit
Price per ft²$153.88/ft²
Price per acre$4.15M/ac
Price per bedroom$975K/bed
Time on market1286 days
Property Description
Excellent investment opportunity updated/remodeled in 2020. 16 plex in the heart of Longbeach walking distance to beach, downtown, busline, restaurants, 3 bedroom unit, 9 two bedroom units, five-one bedroom units, studio. All units rented 7.13% Cap rate. seller pays water, garbage. 18,250.00 monthly rent. updated appliances, carpet, paint.
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Financial Data
Date Sold2021-02-26
Sold Price$1,950,000
Original Price$2,200,000
Current Price$1,950,000
Property Taxes$8,702
Find On Map
Home Facts
StatusSold
Year Built1981
Exterior Features
MLS ID20664310
Unit Details
Unit 1
