625 E. Broadway, Long Beach, CA

• Purchased 12 unit apartment building in November 2002 for
  approximately $47K per unit
  
• Renovated building at a cost of $17K per unit
  
• Raised rents from $450 per one bedroom unit to $875 per one
  bedroom unit after renovations

  ROI almost 90%

Exterior before renovation

Exterior after renovation

Bedroom

Living room

Kitchen

PDF version of this property.