1750 E 1st St | Long Beach, CA 90802
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- LoopNet Team
1750 E 1st St
Long Beach, CA 90802
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Well-Located Renovated 12-Unit Building With 21 Percent Rental Upside
- Units Have Been Upgraded With Vinyl Plank Flooring, New Ceiling Fans, New Hardware, New Appliances, and Select Units Boast New Kitchens
- RUBS Program Has Been Implemented to Recoup Some Utility Costs
- Excellent Alamitos Beach Location Less Than Two Blocks From the Beach and Bixby Park
- On-Site Laundry and Four Single-Car Garages Generate Additional Income
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 5,900 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 0.68/1,000 SF |
| Zoning | LBR4R | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,900 SF |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 0.68/1,000 SF |
| Zoning | LBR4R |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,550 | - |
| Studios | 6 | $1,249 | - |
PROPERTY TAXES
| Parcel Number | 7265-018-029 | Improvements Assessment | $925,520 |
| Land Assessment | $1,225,859 | Total Assessment | $2,151,379 |
PROPERTY TAXES
Parcel Number
7265-018-029
Land Assessment
$1,225,859
Improvements Assessment
$925,520
Total Assessment
$2,151,379
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