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2223 Myrtle Ave
Long Beach, CA 90806
Multifamily Property For Sale · 16 Units

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 8,632 SF
Average Occupancy 100%
No. Stories 2
Year Built 1959
Parking Ratio 1.27/1,000 SF
Zoning RR1N, Long Beach

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Quartz Countertops

Site Amenities

  • Laundry Facilities

About 2223 MYRTLE AVE , LONG BEACH, CA 90806

2223 Myrtle Avenue is a 14-unit investment asset in a rapidly up-and-coming neighborhood in Long Beach priced at 12.70 GRM on actual rents. The property offers (2) two-bedroom/one-bath and (12) one-bedroom/one-bath units. Twelve of the units are completely remodeled with vinyl plank flooring, custom cabinets, stainless steel appliances, new bathroom vanities, and modern lighting and fixtures throughout. The secure-access building also features ample parking; cheery new paint; new windows; two laundry rooms; and separate meters for gas and electric.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $1,910 716
1+1 14 $1,487 600

Property Taxes

Property Taxes

Parcel Number
7211-014-032
Land Assessment
$910,261
Improvements Assessment
$1,763,634
Total Assessment
$2,673,895
  • Listing ID: 18152639

  • Date on Market: 1/10/2020

  • Last Updated:

  • Address: 2223 Myrtle Ave, Long Beach, CA 90806

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