1201 Ohio Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Building Size | 6,604 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 | 0.57/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R2, Long Beach | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,604 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | R2, Long Beach |
About 1201 OHIO AVE , LONG BEACH, CA 90804
--- 75K PRICE REDUCTION! --- Owner's are working with seller's to get the deal done! Austin Longwell & Johnnie Stiegler of Lyon | Stahl investment Real Estate are proud to present 1201 Ohio Ave in Long Beach. An amazing opportunity to own a stabilized 7 unit apartment complex in the heart of Long Beach. This property boasts a perfect 2 bedroom/1 bath unit mix all receiving approximately $1,450/month and the entire building was redone with copper plumbing less than 6 months ago. Close to many of Long Beach's major attractions, shopping centers, and coveted neighborhoods this property's location couldn't be any more centralized. Purchase as a stabilized asset and enjoy the 4.15% CAP from day 1, or remodel and enjoy the almost 30% upside potential in this booming rental market. The possibilities are endless. Call for more details!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | $1,650 | - |
Property Taxes
| Parcel Number | 7260-028-012 | Improvements Assessment | $1,430,550 |
| Land Assessment | $728,280 | Total Assessment | $2,158,830 |
Property Taxes
