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1145 E 1st St
Long Beach, CA 90802
Multifamily Property For Sale · 11 Units

Property Facts

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 7,171 SF
No. Stories 2
Year Built 1955
Parking Ratio 0.42/1,000 SF
Zoning R4R, Long Beach

Amenities

Site Amenities

  • Laundry Facilities

About 1145 E 1ST ST , LONG BEACH, CA 90802

King Real Estate Group is pleased to present an 11-unit apartment building located in Long Beach, California. The subject property is located in Alamitos Beach just blocks from the ocean and has a desirable unit mix consisting of (10) one-bedroom / one-bathroom units and (1) three-bedroom / one-bathroom unit. Built in 1955, the subject property consists of 7,171 rentable square feet on a lot size of 8,246 square feet. It is separately metered for gas and electricity, keeping expenses to a minimum. This property is within a short distance to the hub of tourism, business, and transit that is Downtown Long Beach. Tenants enjoy convenient access to shopping, dining, entertainment and employment. This is a rare opportunity to acquire a quality, pride-of ownership asset in this outstanding rental market and would make a great addition to any investors portfolio.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 $1,198 -
3+1 1 $2,330 -

Property Taxes

Property Taxes

Parcel Number
7265-010-017
Land Assessment
$2,296,655
Improvements Assessment
$1,913,879
Total Assessment
$4,210,534
  • Listing ID: 11999133

  • Date on Market: 3/21/2018

  • Last Updated:

  • Address: 1145 E 1st St, Long Beach, CA 90802

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