230 W Hill St
Long Beach, CA 90806
220 W Hill St · Multifamily Property For Sale
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4 Units
Property Facts
About 230 W HILL ST , LONG BEACH, CA 90806
Two duplexes on one corner lot with four garages in the nicest part of Wrigley. Beautiful Spanish style building on the corner of Cedar Ave and Hill St has 2 two bedroom, one bathroom units, one downstairs and one upstairs. These units have vintage architectural details including vaulted ceilings, built-ins, and domed windows. Each has a large kitchen, formal dining room, and in-unit laundry area in addition to the bedrooms and living room, over 1000 square feet. Rear building was built in 1962. 2 one bedroom, one bathroom units with four garages and a storage/laundry area. Functional layouts typical of this era with kitchens that open onto the living room and an eating area. The building currently has very long term tenants with rents far below market. Units need updating to unlock their character and potential. Market rents at 11.9X gross! Addresses are 230 W Hill, 232 W Hill, and 220 W Hill, but the building does front Cedar Ave, which is an extremely attractive, quiet tree-lined street. Do not disturb tenants, they are unaware of sale.
Property Taxes
| Parcel Number | 7205-028-001 | Improvements Assessment | $625,804 |
| Land Assessment | $341,347 | Total Assessment | $967,151 |
Property Taxes
