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Granada Towers 222 Granada Ave 12 Unit Apartment Building $5,300,000 ($441,667/Unit) 4.05% Cap Rate Long Beach, CA 90803
Executive Summary
12 Units
6x 1 Bedroom / 1 Bathroom
6x 2 Bedrooms / 2 Bathrooms
6x 1 Bedroom / 1 Bathroom
6x 2 Bedrooms / 2 Bathrooms
Property Facts
| Price | $5,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $441,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.05% | Building Size | 10,293 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.36/1,000 SF |
| Zoning | RR2S, Long Beach - Residential | ||
| Price | $5,300,000 |
| Price Per Unit | $441,667 |
| Sale Type | Investment |
| Cap Rate | 4.05% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 10,293 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | RR2S, Long Beach - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+1 | 6 | - | 1,000 |
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 7249-030-022 | Improvements Assessment | $747,504 |
| Land Assessment | $590,914 | Total Assessment | $1,338,418 |
Property Taxes
Parcel Number
7249-030-022
Land Assessment
$590,914
Improvements Assessment
$747,504
Total Assessment
$1,338,418
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Granada Towers | 222 Granada Ave
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