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1840 Henderson Ave
Long Beach, CA 90806
Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Beautifully remodeled & well maintained 4-Unit property with recently completed ADU (5 Units total)
  • CapEx includes fresh exterior paint, new windows & entry doors, new split HVAC for all units including AC
  • Qualifies for either conventional or commercial financing.
  • All units have been recently upgraded featuring all new kitchens, bathrooms, flooring, cabinets, fixtures, and recessed lighting
  • The seller has invested approximately $500,000 in improvements
  • An independent appraisal value of $2,475,000 has also been recently received.

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,318 SF
Average Occupancy 95%
No. Stories 2
Year Built 1968
Parking Ratio 1.69/1,000 SF
Zoning LBR2N - Commercial

AMENITIES

SITE AMENITIES

  • Fenced Lot
  • Laundry Facilities
  • Gas Range
  • Trash Pickup - Curbside
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $1,650 -
3+2 2 $3,100 -
4+2 2 $3,700 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7209-028-016
Land Assessment
$636,724
Improvements Assessment
$795,906
Total Assessment
$1,432,630
  • Listing ID: 27935099

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: 1840 Henderson Ave, Long Beach, CA 90806

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