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143 Pomona Ave 3 Unit Apartment Building Offered at $1,750,000 at a 2.88% Cap Rate Long Beach, CA 90803
Investment Highlights
- Less than 2 blocks to the Beach
- Easy access to 405, 605 & 710 freeways
- Less than 2 blocks to 2nd Street shopping & entertainment
Executive Summary
Cash or cash to a new loan. Sale not subject to Seller's 1031.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,455 | - |
| 2+1 | 1 | $2,510 | - |
| 2+1 | 1 | $2,750 | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 7247-009-043 | Total Assessment | $419,653 (2025) |
| Land Assessment | $242,027 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $177,626 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
7247-009-043
Land Assessment
$242,027 (2025)
Improvements Assessment
$177,626 (2025)
Total Assessment
$419,653 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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143 Pomona Ave
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