
Deal numbers
- Est. cap rate
- 4.8%
- Assumed rent, all units
- $7,920/mo
- Units
- 4
- Price per unit
- $245,000
- Est. annual NOI
- $47,520
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $90,288
- Operating expenses
- $45,144
- Net operating income
- $45,144
- Annual debt service
- $58,680
- Annual cash flow
- -$13,536
- Cash on cash return
- -5.5%
- Down payment
- $245,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 1,628 sqft
- Lot size
- 3,238 sqft
- Year built
- 1945
- Stories
- 1
- Garage spaces
- 0
- Style
- Contemporary
- Heating
- Natural Gas,Wall Furnace
- Cooling
- Gas
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 78
- MLS #
- 242809094
About this property
1065 E. 19th Street, Long Beach – Pride of Ownership 4-Unit Investment Opportunity Exceptional 4-unit property located in the highly desirable Poly High area of Long Beach. This well-maintained asset showcases true pride of ownership, with numerous recent improvements including a newer roof, fresh exterior paint, updated electrical panels, and newer dual-pane windows. The units have been carefully maintained, offering an attractive living environment for tenants and reducing future maintenance concerns for a new owner. Ideally situated near Long Beach Polytechnic High School and the Long Beach Transit network, the property provides convenient access to shopping, dining, parks, schools, and major transportation routes. Its central Long Beach location continues to attract strong tenant demand, making it an outstanding addition to any investment portfolio. A turnkey income-producing property with desirable upgrades, excellent curb appeal, and long-term upside in one of Long Beach's most sought-after rental markets.
Location
1065 E 19th
Long Beach, Los Angeles, CA, 90806