19 Granada Ave
Long Beach, CA 90803
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Trophy property - Steps from the sand!
- Huge upside in rental income!
- Incredible architecture - Large units with high ceilings and open floor plans!
Property Facts
| No. Units | 10 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 7,182 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1931 |
| Zoning | LBR4R, Long Beach - Multiple Dwelling | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,182 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1931 |
| Zoning | LBR4R, Long Beach - Multiple Dwelling |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Walk-In Closets
- Built-In Bookshelves
- Dining Room
- Double Pane Windows
Site Amenities
- Laundry Facilities
About 19 GRANADA AVE , LONG BEACH, CA 90803
Pride of Ownership, Ten Unit, Trophy Property! Located within the highly sought after community of Belmont Shore, merely footsteps from the sand. 19 Granada is a picturesque 1930’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, large open floor plans with an abundance of natural light. Embodying a highly desirable unit blend; Six large 1 bedroom x 1 bathroom units along with Four large studios. The asset is separately metered for gas and electric and has its own large laundry room. Upper front units have beautiful heavily arched windows and ocean views. Consequently, all 10 units are in incredibly high demand, due to the buildings design, unit floor plans and proximity to the Ocean. Not only mere steps from the sand but just a short stroll to “2nd street”, which houses most of Long Beaches best fashion stores, restaurants, bars and coffee shops. This asset is perfect for the sophisticated investor looking for a prime asset in an A+ location.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,335 | 500 - 600 |
| 1+1 | 6 | $1,585 | 750 - 950 |
Property Taxes
| Parcel Number | 7247-021-022 | Improvements Assessment | $1,586,505 |
| Land Assessment | $2,950,158 | Total Assessment | $4,536,663 |
Property Taxes
