For Sale $2,375,000 • Co-Listing Agent

Sold $840,000 • Co-Listing Agent

Sold $850,000

Sold $800,000

Sold $1,225,000

Sold $775,000

Sold $920,000

Sold $975,000

Michael Borba

Long Beach, CA

Borba Investment Realty

11 Closed Sales

$9.8M Total Value

$775K - $1.2M Price Range

$894.5K Average Price

Prior five years

About Michael

Home Types: MultiFamily, House

Years of Experience: 20

Transaction History

5 Year

Seller Deals

Total Deals

10

Total Value

$8,989,000

Average Sale Price

$898,900

Price Range

$650K - $1.2M

Buyer Deals

Total Deals

1

Total Value

$850,000

Average Sale Price

$850,000

Neighborhoods Michael Has the Most Experience In

Michael's Active Listings

Co-Listing Agent

$2,375,000
- 10 Baths
- 5,276 Sq Ft
1495 Cedar Ave

Long Beach, CA
Super high yield 14-unit apartment opportunity at a 6.6% cap rate and 9.7X GRM on actual rents. At only $169k/door this property qualifies for 73% LTV purchase financing ($645K down) and will deliver an 8.9% cash on cash return at a 7% cap rate after only one rent increase. 12 studios and two 1BD/1BA units in 5,276 rentable square feet on a 7,419 square foot lot. Significant renovations and

Michael Borba Borba Investment Realty

Agent License #01380572

Michael Borba

(562) 667-5496

Borba Investment Realty

(562) 667-5496