Jocelyn Thav

A Rare Find for Investor.​ High Generating Income Property at Approx $150,000 Yearly.​ Property Is Offer at 7.30% Cap Rate.​ Property Consist of (1) Commercial Building and (5) One Bedroom and One Bath Unit Apartments.​ Tenants Are Long Term and A Few Have Lived on The Premise for Over 20yrs.​ the Commercial Tailgate Bar Has Been in Business for A Very Long Time and Is a Local Spot for The Locals.​ Commercial Tenant Is Responsible for All Utilities, Repair and Maintenance Pertaining to Interior and Exterior of The Building.​ Low Management.​ the Residential Units Have All Been Renovated with Vinyl and Tile Flooring, All Except One Have New Kitchen Cabinets and Quartz Countertop and Brand New Vinyl, Retrofit, Dual Glazed, Low E Windows.​ Building Has Also Been Freshly Painted Exterior.​ All Great Tenants and Great Relationship with Landlord.​ Landlord only Pays Water and Landscaping.​ Low Expenses.​ Residential Address Is 1709 W 25th Street, Long Beach, Ca 90810.​ This Property Is Self Managed by Owners with Ease for Over 10years with Almost No Vacancy in The Last 10years.​ No Shortage of Renters for The Area.​

Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room to add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find.

A 20-year real estate veteran focusing on helping the individuals and families of Southern California navigate the real estate market.  Whether buying or selling, trust experience.  My expertise is residential real estate and multi-family investments.  

Jocelyn Thav

About Jocelyn Thav

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Recent property sales & transaction history

2 properties

Long Beach

Family Home, Other

$1,650,000 to $1,700,000

2,900 ft² to 3,200 ft²

Properties for sale by listing agent Jocelyn Thav

$1,650,000

$1,699,000

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Jocelyn Thav

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