1000 E 10th St | Long Beach, CA 90813
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- LoopNet Team
1000 E 10th St
Long Beach, CA 90813
Multifamily Property For Sale
·
7 Units
Investment Highlights
- 7 Unit Apartment building deliverable at 8.08% CAP with $19,935 on current monthly income
- Potential upside is achievable in rents
- Rental income subsidized by Long Beach County programs
- Extensive capital improvements in 12 month period
- Located on a Hard corner of 10th Street and Martin Luther King Jr. Avenue
- Evolving location within City of Long Beach Downtown Plan (PD-30)
Property Facts
| No. Units | 7 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 5,340 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | ||
| Zoning | LBRN4N | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,340 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | LBRN4N |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
Property Taxes
| Parcel Number | 7274-023-010 | Improvements Assessment | $647,336 |
| Land Assessment | $1,209,777 | Total Assessment | $1,857,113 |
Property Taxes
Parcel Number
7274-023-010
Land Assessment
$1,209,777
Improvements Assessment
$647,336
Total Assessment
$1,857,113
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