1136 E Alhambra CT Long Beach CA 90813 | MLS #IN26156931

PRICE IMPROVEMENT – NOW OFFERED AT 11.8 GRM ON ACTUALS. PUT DOWN LESS THAN $50,000 WITH FHA FINANCING. Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding!

The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.