Park Plaza – an 18-unit multifamily investment property

Park Plaza is an 18-unit multifamily investment property located at 6546 Indiana Ave. Long Beach, CA, centrally located and just a few blocks from both the City of Lakewood and City of Bellflower. The building is comprised of (1) 3bd/2bth unit, (5) 2bd/1bth units, and (12) 1bd/1bth units. The building also features 18 single car garages, all new vinyl windows in every unit, small courtyard, and onsite laundry facilities. This building is priced to sell at $221,944 per unit and offers immediate rental upside for a new buyer. The building is located on a primarily residential street, and across from Romona Park and the newer Romana Multi-Family Senior development built in 2014.

Sold for $3,800,000