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1845 Maine Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Pride of ownership asset located in South Wrigley.
- New roof - Replaced in Q1 2024.
- Great value add opportunity with 34% rental upside potential.
- (2) Two car garages on-site provide the opportunity for additional income.
Property Facts
| No. Units | 12 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,690 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1923 |
| Zoning | LBR1N - single-family residential district with standard lots | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,690 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | LBR1N - single-family residential district with standard lots |
Amenities
Unit Amenities
- Refrigerator
- Oven
- Range
- Tub/Shower
- Window Coverings
Site Amenities
- Courtyard
- Laundry Facilities
- Renters Insurance Program
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $960.00 | 369 |
| 1+1 | 2 | $1,389 | 500 |
Property Taxes
| Parcel Number | 7202-030-039 | Improvements Assessment | $875,000 |
| Land Assessment | $580,000 | Total Assessment | $1,455,000 |
Property Taxes
Parcel Number
7202-030-039
Land Assessment
$580,000
Improvements Assessment
$875,000
Total Assessment
$1,455,000
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