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LA Long Beach Garden Home-Pictures of Model Houses
  • Kitchen
  • kitchen
  • Dining Area
  • Dinning Area
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Living Room
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
Introduction for Location and Surroundings
  • Name of the project: LONG BEACH GARDEN HOME
  • Location: Intersection of Long Beach BLVD and 16th Street, 1570 Long Beach Blvd, Long Beach, CA 90813, United States
  • Project Video: Click Here(Youtube)  Click Here(Youku)
  • 360 degrees browsing of project: Click Here
  • Land area: About 36,000 square feet.
  • Total development area of the project: About 106,000 square feet. (basement + 1f-4f).
  • The construction area on the 1st floor: totally 32,000 sqft, including 5 commercial stores of 10,000 sqft and 40 indoor commercial parking spaces of 22,000.
  • Usage of project property: Residential, retail, mixed-use housing of catering industry.
  • Building height of the project: A commercial and residential building with the height of 50 feet
  • Live Video monitoring of Long Beach Garden Home: Click here

>>>>Details



 

Fixed rent period for Long Beach Garden Home can be free chosen 1 year to 10 years.

Annual rate return on investment will be 6%.

The purchase price of the whole commercial on the 1st floor is $ 7,000,000, and the annual rental income of which will be $ 42,000.

 

Los Angeles Long Beach Garden Homes Commercial price list on the first floor

Price execution time from February 1, 2020 to August 31, 2020

101#    1845.4sq.ft    $1,291,780.00 USD    Annual rental income: $ 77,400 USD (Fixed rent)

102#    1527.0sq.ft    $1,068,900.00 USD    Annual rental income: $ 64,800 USD (Fixed rent)

103#    2253.8sq.ft    $1,577,660.00 USD    Annual rental income: $ 94,200 USD (Fixed rent)

104#    2065.1sq.ft    $1,445,570.00 USD    Annual rental income: $ 86,400 USD (Fixed rent)

105#    2308.7sq.ft    $1,616,090.00 USD    Annual rental income: $ 96,600 USD (Fixed rent)


Price list after September 1, 2020

101#    1845.4sq.ft    $1,845,400.00 USD

102#    1527.0sq.ft    $1,527,000.00 USD

103#    2253.8sq.ft    $2,253,800.00 USD

104#    2065.1sq.ft    $2,065,100.00 USD

105#    2308.7sq.ft    $2,308,700.00 USD


Developer promises 1-10 years guaranteed lease receiving the down payment.

Developer promises 1-10 years guaranteed lease Conditional charter sales

Pay monthly rents at an annual 6% return on investment of the purchase amount

The annual rental yield is 6%, and the monthly rental yield is paid.

Payment time, the first payment must be paid to the developer account after signing the contract, The developer immediately pays the investment income after receiving the down payment.

For example: the purchase amount is 1 million US dollars, and the annual guaranteed rent is 60,000 US dollars. Pay $ 5,000 per month.

After the buyer signs the contract, he can pay 30% of the down payment or one-time payment. The purchase price must be directly remitted to the developer account. At present, the first-floor business is an existing house that can be renovated, not an off-plan property. Tenants can renovate right away. The real estate certificate transaction time is August 2020.

The buyer who chooses the developer to guarantee the lease must entrust the developer with the leasehold right on the first floor for 10 years.

The property management costs of chartered commercial houses will be borne by the developer, and the buyer (owner) does not need to bear the property management costs during the lease period.

This sales method and price are directly determined by the developer, and the developer reserves the right to change or cancel the above chartered sales method at any time, so please hope that the developer guarantees that the chartered investor can sign the contract and pay.

The lease price of Long Beach Blvd restaurant and retail industry refer to the website: click here


Initial Residence Pricing

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Buying Guide

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CondoDocs

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Buy House

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