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1020 E 12th St
Long Beach, CA 90813
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Current 6.83% cap rate and 9.98 GRM
- Perfect cash flow opportunity with extremely low maintenance
- Laundry room on site
- Fully renovated and stabilized asset with plenty of parking that collects $400/mo.
- Located near $6 billion worth of new development
Property Facts
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,720 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Zoning | LBR4R - restricted Density Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,720 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | LBR4R - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 7274-007-003 | Improvements Assessment | $476,269 |
| Land Assessment | $876,769 | Total Assessment | $1,353,038 |
Property Taxes
Parcel Number
7274-007-003
Land Assessment
$876,769
Improvements Assessment
$476,269
Total Assessment
$1,353,038
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