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2241 Earl Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 12.81 x Gross and 5.17% Cap Rate on Actual Rents
- Interior Renovations Include New Kitchens and Bathrooms
- High-Demand Wrigley Neighborhood
- Fully-Rented, Stabilized Asset with Strong In-Place Cash Flow
- Potential to Add Parking to Increase Revenue
Property Facts
| No. Units | 5 | Building Size | 2,730 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,730 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 475 - 500 |
| 2+1 | 1 | - | 830 |
Property Taxes
| Parcel Number | 7205-019-023 | Improvements Assessment | $699,669 |
| Land Assessment | $624,240 | Total Assessment | $1,323,909 |
Property Taxes
Parcel Number
7205-019-023
Land Assessment
$624,240
Improvements Assessment
$699,669
Total Assessment
$1,323,909
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