This Multifamily Property is no longer advertised on LoopNet.com.

2820 E 65th St
Long Beach, CA 90805
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Sensational "Turnkey" investment with "Value to Add"
  • Asset located behind secured electric gate.
  • Onsite parking & Laundry

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 3,100 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1955/2017
Parking Ratio 2.25/1,000 SF
Zoning LBR1N

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Heating
  • Granite Countertops
  • Stainless Steel Appliances
  • Range
  • Vinyl Flooring

About 2820 E 65TH ST , LONG BEACH, CA 90805

Sensational, fully rehabbed, turnkey, 6 unit, “value add”, apartment building, located just several blocks from the 91fwy. With great curb appeal, historically low vacancy rates, and a 4.65% Cap with room to move! The asset is comprised of 6 highly desirable units (1 bed/1 bath). All 6 units have recently been extensively upgraded to “like new” condition. Kitchen upgrades consist of: Quarts counters, stainless steel appliances, newer cabinetry, hardware and fixtures throughout. Bathroom upgrades consist of modern quartz counters, tile flooring and wainscot. Flooring consists of a higher end laminate located throughout the entry, kitchen, dining area, living room, hallway and bedroom of each and every unit. For heating and cooling all new mini-split systems have been added. The building has onsite laundry, and six parking spaces located behind a secured remote controlled gate... this investment has it all!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,450 516

Property Taxes

Property Taxes

Parcel Number
7120-006-006
Land Assessment
$432,972
Improvements Assessment
$1,082,432
Total Assessment
$1,515,404
  • Listing ID: 19116799

  • Date on Market: 4/4/2020

  • Last Updated:

  • Address: 2820 E 65th St, Long Beach, CA 90805

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