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1407 Obispo Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
6 Units
Investment Highlights
- ±27% Rental Upside – Under Market Rents Offer Immediate Potential
- 5 On-site Garages Present ADU Conversion Potential (Buyer to Verify)
- Select Units Feature In-Unit Laundry
- High Yielding Unit Mix: (4) 2 bedroom/ 1 bath & (2) 1 bedroom/1 bath Units
- Strong In-Place Cash Flow With Long-Term Tenants
- Prime Eastside Location Near PCH, Retro Row, and Recreaction Park
Property Facts
| No. Units | 6 | Building Size | 5,272 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1929 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LBR2N - Long Beach Specific Residential zoning - Two Family Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,272 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | LBR2N - Long Beach Specific Residential zoning - Two Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 7259-023-013 | Improvements Assessment | $86,026 |
| Land Assessment | $32,574 | Total Assessment | $118,600 |
Property Taxes
Parcel Number
7259-023-013
Land Assessment
$32,574
Improvements Assessment
$86,026
Total Assessment
$118,600
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