LONG BEACH rent to own home - a multi family property (12 beds, 1.2 baths)

This 12-unit multifamily property, located in the highly sought-after 90814 zip code of Long Beach, presents a rare opportunity to acquire fully renovated, turnkey investment in a thriving rental market. Built in 1923, the property has been thoughtfully upgraded in 2023 with new ?ooring, paint, and appliances, ensuring a contemporary living experience while preserving its classic architectural charm. The unit mix consists of one-bedroom, one-bath units, catering to the strong demand from the areas blue-collar workforce. With historically high occupancy rates and rental growth in Long Beach, these properties provide immediate cash ?ow with the potential for further rent optimization. The building offers operational ef?ciencies and economies of scale for investors. This offering represents an excellent opportunity to acquire stabilized assets in a dynamic and growing market for a seasoned investor or a ?rst-time buyer looking to expand their portfolio.This rent to own home is a multi family property located in LONG BEACH. It offers 6,579 Sqft in size, 12 beds and 1.2 baths. Review its detailed information and determine if this LONG BEACH rent to own has the qualities you are looki...

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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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