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1534-1542 W 20th St
Long Beach, CA 90810
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 6,920 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | R2, Long Beach | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 6,920 SF |
| Average Occupancy | 87% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R2, Long Beach |
Amenities
Site Amenities
- Laundry Facilities
About 1534-1542 W 20TH ST , LONG BEACH, CA 90810
1534-42 West 20th Street features eight 2 BD/1 BA units around a center open grassy area. Situated on an oversized lot with on-site laundry facilities and 9 garages, the property is separately metered for gas and electric. Offered at 12.1 x gross on current rents and 5.15% cap rate on actuals, this asset offers investors a strong value-add opportunity with 18% upside potential.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 865 |
Property Taxes
| Parcel Number | 7431-020-021 | Improvements Assessment | $765,550 |
| Land Assessment | $1,203,008 | Total Assessment | $1,968,558 |
Property Taxes
Parcel Number
7431-020-021
Land Assessment
$1,203,008
Improvements Assessment
$765,550
Total Assessment
$1,968,558
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