SUMMARY

Purchased in 2017, this Long Beach property was gutted and all eight units were rehabbed, increasing the assets value by 56%. In March 2018, the asset was sold, approximately 12 months after purchase providing investors with an over 45% internal rate of return.

  • Property Class: C
  • Square Feet: 6,802
  • Total Units: 8
  • Year Built: 1970
45
IRR
1
Equity Multiple
1
Hold