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1439 Cedar Ave
Long Beach, CA 90813
Multifamily Property For Sale
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16 Units
Investment Highlights
- DOWNLOAD OM FOR MORE INFO AND A RENT ROLL.
- All units remodeled. New roof in 2011. New Water Heater in 2018.
- 30% Down Financing Available at 3.4% for a 5 year fixed.
- Best priced deal in ALL OF LOS ANGELES - 11.7X GRM on current rents with upside to 10.8X GRM.
- 5.2% CAP on actual expenses, upside to a 5.9% CAP.
- Over 9% Cash on Cash return against in place rents.
Property Facts
| No. Units | 16 | Building Size | 10,080 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R4N, Long Beach - medium-density residential development | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 10,080 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.4/1,000 SF |
| Zoning | R4N, Long Beach - medium-density residential development |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Laundry Facilities
Property Taxes
| Parcel Number | 7269-041-017 | Improvements Assessment | $2,484,181 |
| Land Assessment | $865,945 | Total Assessment | $3,350,126 |
Property Taxes
Parcel Number
7269-041-017
Land Assessment
$865,945
Improvements Assessment
$2,484,181
Total Assessment
$3,350,126
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