201-209 E 12th St | Long Beach, CA 90813
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- LoopNet Team
201-209 E 12th St
Long Beach, CA 90813
Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- 4.3% and 6.3% Cash-on-Cash Return on Current and Market Rents / Surrounded by Class A Buildings
- Over $200K in Recent Interior & Exterior Renovations / Property Situated Over Two Contiguous Parcels (14 Units Each)
- Gated Entrances & Large, Private Courtyards with Artificial Turf, Ambient Lighting, & Outdoor Furniture
- Attractive Unit Mix Consisting of Studio’s, Standard 1 & 2 Bedroom Units, and Large 1 & 2 Bedroom Units / Separately Metered for Gas & Electric
- On-Site Parking (4 Enclosed Garages & 9 Parking Spaces) / Two On-Site Laundry Facilities
- Located in the Highly Desirable & Historic District of “Wilmore City” / One-Mile to Downtown Long Beach
PROPERTY FACTS
| No. Units | 28 | Building Size | 18,380 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | PD30 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 18,380 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | PD30 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,713 | 928 - 966 |
| 1+1 | 22 | $1,503 | 600 - 736 |
| Studios | 2 | $1,310 | 542 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,788,272 | |
| Land Assessment | $5,170,788 | Total Assessment | $7,959,060 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,170,788
Improvements Assessment
$2,788,272
Total Assessment
$7,959,060
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