Nino Del Sol Apartments
Request more photos!- Features
- Interior
- Exterior
- Community
HURRY THIS ONE WON'T LAST! BRILLIANT AND BOLD 4-UNIT BUILDING! This building underwent a $100,000 remodel in 2005/2006. There is new carpet, vinyl, and paint throughout all four units. Seller has invested over $25,000 in additional unit remodeling since complete remodel. There is (1) over sized 1 Bedroom 1 Bath apartment; (1) 2 Bedroom 1 Bath apartment with over sized kitchen and extra dining area; (1) 3 Bedroom 2 Bath apartment with bonus room; (1) 3 Bedroom 2 Bath apartment. There is a rear balcony and secondary access for upstairs units above the garage area. Property has security exterior lighting with dusk till dawn feature along with security gates along sides of property. There are 5 one-car garages with one for each unit and an additional garage that is rented for additional income. Beautiful Sunburst on front of building along with Nino Del Sol badge only ads to the appeal of this beautiful apartment building. Property is located in up and coming Wrigley neighborhood along a beautiful tree-lined street in the heart of Long Beach with schools and shopping near by. Convenient location for the beach lovers just minutes from the Pacific Ocean. Drive by only! Please do not disturb tenants or walk on property! Seller is a licensed California Realtor.
Annual Operating Data:
Gross Scheduled Income: $52,080
Vacancy: $ 1,041
Operating Expenses: $16,000
Net Operating Income: $35,039
CAP Rate: 4.17%
Expenses are high due to garage door replacement, Exterior Painting, and other upgrades.
Unit #1: 2 Bed/1Bath; $1,025
Unit #2: 3 Bed/1Bath; $1,242
Unit #3: 3 Bed/1Bath; $1,200
Unit #4: 1 Bed/1Bath; $ 795
Extra Garage Unit: $ 78
Annual Operating Data:
Gross Scheduled Income: $52,080
Vacancy: $ 1,041
Operating Expenses: $16,000
Net Operating Income: $35,039
CAP Rate: 4.17%
Expenses are high due to garage door replacement, Exterior Painting, and other upgrades.
Unit #1: 2 Bed/1Bath; $1,025
Unit #2: 3 Bed/1Bath; $1,242
Unit #3: 3 Bed/1Bath; $1,200
Unit #4: 1 Bed/1Bath; $ 795
Extra Garage Unit: $ 78
- Neighborhood: Wrigly
- Lot Size: 4147
- Type: Multi-Unit Residential for Sale
- Floors: Two or More Stories
- Parking/Garage: 3+
- Bedrooms: 9
- Baths: 6
- Square Feet: 3342
- Year Built: 1922
- Appliances
- Dining Room
- Family Room
- Fenced Yard
- Landscaping
- Guest Parking
- Security Features
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