2121 Long Beach Blvd
Long Beach, CA 90806
Multifamily Property For Sale
·
11 Units
Property Facts
| No. Units | 11 | Building Size | 6,688 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | PD29 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,688 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | PD29 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Walk-Up
About 2121 LONG BEACH BLVD , LONG BEACH, CA 90806
The asset at 2121 Long Beach Blvd is located in a rapidly up-and-coming neighborhood in Long Beach. There are many dynamic new development projects nearby and the building is within steps of the Long Beach Blvd/Hill St Metro Station. The property includes seven studios, one 1-bedroom and 1.5-bath unit, two 1-bedroom and 2-bathroom units, one 3-bedroom and 2-bath unit, three single garages and a double garage. This is a strong value-add opportunity, with additional potential income from an existing, unused laundry room as well as the parking garages. This area is beginning to benefit from the large amount of capital flooding into Long Beach. As renters move inland from Downtown Long Beach and beach areas, renter demographics are changing in the surrounding areas.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | $1,063 | 450 |
| 1+2 | 3 | $1,125 | 717 |
| 3+2 | 1 | $1,750 | 1,388 |
Property Taxes
| Parcel Number | 7208-026-023 | Improvements Assessment | $1,271,360 |
| Land Assessment | $765,550 | Total Assessment | $2,036,910 |
Property Taxes
