1021 E 12th St | Long Beach, CA 90813
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- LoopNet Team
1021 E 12th St
Long Beach, CA 90813
5-Units North of Downtown Long Beach · Multifamily Property For Sale
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5 Units
Investment Highlights
- Gated 5-Unit Property Situated on a Large 6,800 SF Lot Available Just North of Downtown Long Beach
- Strong Income w/ Massive Upside Potential – 4.91% CAP | 7.06% Market Cap
- Great Location in Long Beach – Easy Access to Alamitos Beach, 4th Street Corridor, and Belmont Heights
- (2) Buildings: (1) Large 1,398 SF 4-Bed/2-Bath Front House & (4) 1-Bed/1-Bath Units | (5) Outside Parking Spaces on the Premises
- $371.36/SF | $259,800/Unit
Property Facts
| No. Units | 5 | Building Size | 3,498 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LBR4R - Multiple Dwelling R3 Uses, Churches, Schools, Childcare, Homeless Shelter | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,498 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1910 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | LBR4R - Multiple Dwelling R3 Uses, Churches, Schools, Childcare, Homeless Shelter |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Tub/Shower
Property Taxes
| Parcel Number | 7274-006-008 | Improvements Assessment | $159,811 |
| Land Assessment | $186,948 | Total Assessment | $346,759 |
Property Taxes
Parcel Number
7274-006-008
Land Assessment
$186,948
Improvements Assessment
$159,811
Total Assessment
$346,759
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