1133 Ohio Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 6,120 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | ||
| Zoning | LBR2N | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,120 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Zoning | LBR2N |
Amenities
Site Amenities
- Laundry Facilities
About 1133 OHIO AVE , LONG BEACH, CA 90804
Marcus & Millichap is pleased to present 1133 Ohio Avenue, an eight-unit apartment building located in Long Beach, California. The property is located in Eastside Long Beachs Zaferia District just south of Anaheim Street. The offering is a highly desirable 1986 construction asset. with eight two-bedroom/two-bath units. 1980s construction buildings are seen are prime assets because they generally have larger units, demand higher rents, and have significantly lower operating and long-term maintenance costs. The units average 765 square feet and are separately metered for gas and electricity. The units are in great condition, having been recently upgraded with new hardwood-style flooring, new stainless steel appliances, granite countertops and more. These upgrades make 1133 Ohio Avenue competitive in such a dense rental market that has historically low vacancy rates. The property also offers on-site parking and laundry. 1133 Ohio Avenue presents an excellent opportunity for an investor to acquire an 80s construction asset with numerous upgrades, steady cash flow on current rents, and additional potential upside.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 765 |
Property Taxes
| Parcel Number | 7260-028-017 | Improvements Assessment | $1,077,019 |
| Land Assessment | $1,298,917 | Total Assessment | $2,375,936 |
Property Taxes
