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1365 Newport Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
9 Units
Investment Highlights
- FIRST TIME ON THE MARKET IN 26 YEARS LONG TERM OWNERS- PRIDE OF OWNERSHIP
- COVERED UNDERGROUND PARKING
- ONSITE LAUNDRY BRINGS ADDITIONAL INCOME
- MAJORITY OF UNITS RENOVATED
Property Facts
| No. Units | 9 | Building Size | 14,700 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LBR2N | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 14,700 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | LBR2N |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,581 | - |
| 2+2 | 8 | $2,085 | - |
Property Taxes
| Parcel Number | 7259-010-024 | Improvements Assessment | $1,500,000 |
| Land Assessment | $1,700,000 | Total Assessment | $3,200,000 |
Property Taxes
Parcel Number
7259-010-024
Land Assessment
$1,700,000
Improvements Assessment
$1,500,000
Total Assessment
$3,200,000
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