111 W Del Amo Blvd
Long Beach, CA 90805
Del Amo Apartments · Multifamily Property For Sale
·
18 Units
Property Facts
| No. Units | 18 | Building Size | 12,404 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | LBR1N | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 12,404 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | LBR1N |
Amenities
Unit Amenities
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
About 111 W DEL AMO BLVD , LONG BEACH, CA 90805
Stepp Commercial is pleased to present the opportunity to acquire The Del Amo Apartments, a 18-unit value-add investment opportunity located just North of the affluent Bixby Knolls neighborhood. The property provides an investor with a unique opportunity to acquire a property with 30% rental upside. The property value can be increased by renovating interior and exterior areas. Constructed in 1963, The Del Amo Apartments is a 2 two-story building set on an oversized lot of 12,404 rentable square feet. The property features a large community pool located in the heart of the complex. The property is comprised of ten (10) two bed/one bath units & eight (8) one bed / one bath units. The Del Amo Apartments is located near a plethora of amenities just a short drive from Bixby Knolls and has introduced numerous projects that appeal to a more urbanized community. The property is truly unique and presents an opportunity to reposition an asset in one of Southern California's most active employment locations that is in great need of high-end multifamily residencies.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,130 | 650 |
| 2+1 | 8 | $1,235 | 738 |
Property Taxes
| Parcel Number | 7132-024-019 | Improvements Assessment | $3,953,520 |
| Land Assessment | $832,320 | Total Assessment | $4,785,840 |
Property Taxes
