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1107 E 3rd St
Long Beach, CA 90802
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Upside Potential - Opportunity to Increase NOI +/- 30% with Capital Improvements
- Unit Mix - (7) Large 1B/ 1B (± 869 SF), (3) 1B/1B & (1) 2B/2B
- Community Features Include On-Site Laundry Room (Washer & Dryer), Rear Entry Secured Gates & Copper Plumbing
- ADU - Garage Conversion Potential
- Select Units Include Granite Counter Tops, Vinyl Plank Flooring, Refurbished Cabinetry, Ceiling Fans, Tile Flooring (Kitchen & Bathroom)
- Desirable Alamitos Beach Location (Walk Score: 93) - 0.8 Mi. From the Beach & Downtown Long Beach
Property Facts
| No. Units | 11 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 8,646 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Zoning | R4R | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,646 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | R4R |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,513 | 464 - 889 |
| 2+2 | 1 | $2,166 | 1,031 |
Property Taxes
| Parcel Number | 7275-005-021 | Improvements Assessment | $1,123,632 |
| Land Assessment | $2,601,000 | Total Assessment | $3,724,632 |
Property Taxes
Parcel Number
7275-005-021
Land Assessment
$2,601,000
Improvements Assessment
$1,123,632
Total Assessment
$3,724,632
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