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2285 Earl Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Priced to sell at 9.7 GRM with upside to 8.7 GRM and a 8.0% CAP.
- Earn over a 12% cash-on-cash return against in place income.
- Qualified Buyers can put down as little as 25% on a new loan.
- Well maintained asset in Long Beach NOT subject to local rent control.
- EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.
Property Facts
| No. Units | 9 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,945 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1947/2018 |
| Zoning | LBR2N - Two-Family Residential | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,945 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1947/2018 |
| Zoning | LBR2N - Two-Family Residential |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Refrigerator
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,395 | - |
| 1+1 | 8 | $1,595 | - |
Property Taxes
| Parcel Number | 7205-019-017 | Improvements Assessment | $780,491 |
| Land Assessment | $464,232 | Total Assessment | $1,244,723 |
Property Taxes
Parcel Number
7205-019-017
Land Assessment
$464,232
Improvements Assessment
$780,491
Total Assessment
$1,244,723
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