1221 E 1st St | Long Beach, CA 90802
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- LoopNet Team
1221 E 1st St
Long Beach, CA 90802
5.75% Financing Available · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 5.75% Financing Available
- Complete Rebuild & Renovation of the Property to the Studs
- Complete Interior Designer-Managed Unit Renovations with High End Materials
- Turnkey Asset / $955,000 in CAPEX Invested
- 100% New Building Systems Including Plumbing, Mechanical & Electrical
- Prime Alamitos Beach Location
Property Facts
| No. Units | 16 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 8,120 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1923/2023 |
| Zoning | R4 - restricted Density Multiple Dwelling | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 8,120 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1923/2023 |
| Zoning | R4 - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | 400 |
| 1+1 | 3 | - | 645 |
| 2+1 | 2 | - | 690 |
Property Taxes
| Parcel Number | 7265-011-021 | Improvements Assessment | $1,008,147 |
| Land Assessment | $2,865,261 | Total Assessment | $3,873,408 |
Property Taxes
Parcel Number
7265-011-021
Land Assessment
$2,865,261
Improvements Assessment
$1,008,147
Total Assessment
$3,873,408
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