1132-1138 Junipero Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Three Bedroom / Two Bath Front House with Full Interior Remodel and Private Front Yard
- Both One Bedroom / One Bath Units Feature New Kitchens
- Separately Metered for Electric & Gas
- Two Bedroom / One Bath Back House with New Kitchen and Private Patio
- Ample Parking with Seven Spaces
- Popular Eastside Rental Market
Property Facts
| No. Units | 4 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 2,190 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 3.2/1,000 SF |
| Zoning | R2, Long Beach - Multiple dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,190 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 3.2/1,000 SF |
| Zoning | R2, Long Beach - Multiple dwelling |
Amenities
Unit Amenities
- Ceiling Fans
- Granite Countertops
- Stainless Steel Appliances
About 1132-1138 JUNIPERO AVE , LONG BEACH, CA 90804
1132-1138 Junipero Ave is a 4-unit apartment building located in the heart of the popular Eastside neighborhood of Long Beach. The asset provides a value-add opportunity with +/-18% rental upside potential. This investment property has an attractive mix of (1) three-bedroom / two-bath front house with full interior remodel and private front yard, (1) two-bedroom / one-bath back house with a new kitchen and a private patio and (2) one-bedroom / one-bath units that feature brand new kitchens. Additionally, the property has ample parking with seven spaces available and is separately metered for electric & gas. With billions of dollars in privately and publicly-funded development taking place, Long Beach is in the midst of a full-scale transformation into a premier metropolitan city, attracting an influx of new businesses, high-quality jobs and an educated, professional demographic of residents. The 4th Street-Retro Row neighborhood is in high rental demand because of its walkability to a plethora of dining and shopping amenities as well as its close proximity to East Village Arts District and Downtown Long Beach employment.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,500 | - |
| 2+1 | 1 | $1,650 | - |
| 3+2 | 1 | $2,575 | - |
Property Taxes
| Parcel Number | 7260-030-015 | Improvements Assessment | $123,138 |
| Land Assessment | $295,535 | Total Assessment | $418,673 |
Property Taxes
