LONG BEACH owner financing home - a multi family property (8 beds, 7 baths)

***prime investment opportunity***entitled 11-unit development with existing cash flow in long beach this is a rare and highly attractive oportunity to acquire a stabilized 6-unit multifamily property situated on an oversized lot already entitled for an additional 5 unitsbringing the total future unit count to 11 units. upon completion, the project is projected to be valued at over $6,000,000, making this a compelling investment with significant upside potential. key highlights: turnkey existing units: 5 of 6 units fully renovated with brand-new systems throughout the property, ensuring minimal immediate capital expenditures. unit mix (existing 6 units): (4) 1 bed / 1 bath (1) 2 bed / 1 bath (1) 2 bed / 2 bath entitled 5 additional units: development-ready plans for modern units: (2) 3 bed / 2 bath units with grade-level parking (3) 4 bed / 3 bath townhome-style units, also with grade-level parking financial performance: stabilized gross income: projected to generate nearly $37,000 per month upon full build-out. strong cap rate: stabilized at a 6.75% cap rate on cost. attractive grm: achieves a 10.74 grm on cost, underscoring strong investment fundamentals. significant profitabil...

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ity: projected end value exceeds $6,000,000, providing exceptional upside in one of long beachs hottest rental markets. conservatively underwritten profits of $1.2m+ make this an ideal low-risk, high-reward investment. strategic investment benefits: immediate cash flow: benefit from consistent cash flow during the development process with income from the stabilized 6 existing units. low-risk development play: existing units offset holding costs, while entitled plans minimize entitlement risk. high-demand location: situated in long beach, a thriving rental market with strong tenant demand and long-term appreciation potential. this property offers the best of both worlds: stable cash flow today and exceptional upside tomorrow. with a clear path to development and substantial projected returns, this is an opportunity that investors and developers alike will not want to miss. ***owner financing options***let's get creative***This owner financing home is a multi family property located in LONG BEACH. It offers 14810 sq. ft. in size, 8 beds and 7 baths. Review its detailed information and determine if this LONG BEACH owner financing has the qualities you are looking for.  

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This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.