1260 E 2nd St | Long Beach, CA 90802
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- LoopNet Team
1260 E 2nd St
Long Beach, CA 90802
Multifamily Property For Sale
·
20 Units
Investment Highlights
- A Fully Renovated, Turn-Key 20-Unit Multifamily Investment Property Located in Long Beach, CA
- Amenities Include a Community Barbeque & Picnic Area, a Central Courtyard, Controlled Access, On-Site Laundry, Garage Parking, & Storage Lockers
- Within Walking Distance of Retro Row, a Small Business District with Unique Retailers & a Variety of Dining & Entertainment Options
- Offers an Excellent Unit Mix Consisting of Studio, One, Two, & Three-Bedroom Floor Plans
- In 2018, the Property Underwent Extensive Exterior & Interior Renovations to Achieve Competitive Rents & to Attract a Diverse Renter Pool
- Located Within Blocks of the Long Beach Waterfront & Downtown Long Beach
Property Facts
| No. Units | 20 | Building Size | 14,293 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1954/2018 |
| Building Class | C | Parking Ratio | 0.7/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R4R | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 14,293 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1954/2018 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | R4R |
Amenities
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 522 |
| 1+1 | 13 | - | 685 |
| 2+1 | 3 | - | 890 |
| 3+2 | 1 | - | 1,152 |
Property Taxes
| Parcel Number | 7265-011-009 | Improvements Assessment | $3,109,816 |
| Land Assessment | $4,563,194 | Total Assessment | $7,673,010 |
Property Taxes
Parcel Number
7265-011-009
Land Assessment
$4,563,194
Improvements Assessment
$3,109,816
Total Assessment
$7,673,010
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