LAXORE STREET APARTMENTS

201 SOUTH LAXORE STREET | LONG BEACH, CA

HIGHLIGHTS

  • Desirable Unit Mix (100% 2 Bedrooms)

  • Stabilized Rents in Place

  • Last Rental Increase 2018

  • Strong West Anaheim Rental Market

  • Separate Electricity and Gas Meters

PROPERTY INFO

Property Type: Multi-Family

Status: For Sale

Building Size (Total GLA): 3,892 SF

Lot Size: 8,712 SF

iNVESTMENT PRICING

Price: $1,200,000

Cap Rate Current: 4.36%

Cap Rate Pro Forma: 4.83%

GRM Current: 15.02

GRM Pro Forma: 14.01

Price Per Unit: $300,000

Price Per Square Foot: $308.32

LEASE DETAILS

Units: 4

Unit Mix: 3 - 2 Bed / 1 Bath

1 - 2 Bed / 2 Bath

Lease Type: Fee Simple

Occupancy: 100%

contact

Jason Kirklen
Managing Partner
License No. 01939655
+1 949 942 1302
Jason@vantiscap.com

STAY IN 
TOUCH

VANTIS CAPITAL ADVISORS

2 Park Plaza | Suite 300 | Irvine, CA 

949.942.1300

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