Millman Team Real Estate

$1,570,000
14 Bed
7 Bath
5,283
0.13 Acre Lot

2216 W Wardlow Road, Long Beach, California 90810

  • Residential Income Property Type
  • 5,283 Square Footage
  • Assigned Cars Garage
  • 1963 Year Built
Property Description

PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% CAP. 7 units in Long Beach NOT subject to local rent control – AB 1482 Only (5% + CPI max increase). All units are 2+1’s. 4 garages in the front – potential ADU opportunity – Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 – new cabinets, flooring, etc. EMAIL LISTING AGENT FOR MORE INF,O INCLUDING A RENT ROLL AND OM.

Basic Details
Residential Income
For Sale
25525531
$1,570,000
14
7
5,283
1963
0.13 Acre
Active
Features
: Wall Furnace
: None
: Assigned
$0
Address Map
CA
Los Angeles
Long Beach
90810
Wardlow
2216
Road
7 Units in Long Beach subject to AB 1482 Rent Control only.
11 - Westside
W
LBR1N
Additional Information
$0
$0
$0
$0
$0
5283
4.0
: Two
7
2025-04-15
1575000
2
Broker/Agent Information
The Agency
Jonathan Swire
Listing Information
CLW-X52994
CLW-X79013
Active
2025-08-03T19:27:14Z
CRMLS
: Standard
2025-04-15T00:00:00Z
Agent info
Ray Millman
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