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2930 E 5th St
Long Beach, CA 90814
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Turn-Key Asset - All Eight Units Extensively Renovated
- Great Retro Row Location - "Walk Score" of 91, Considered a "Walker's Paradise", Dining, Shopping, and Entertainment Just Steps From the Building
- RUBS System Has Been Implemented for Utilities, On-Site Laundry Facility for Tenants' Convenience
- Outstanding Unit Mix Comprised of 7 Two Bedroom Units and 1 Three Bedroom Unit
- Located in Desirable Bluff Heights Neighborhood of Long Beach, Less Than a Mile to the Beach
- Space for an Additional 1 bd 1 ba ADU - 10%+ Pro Forma Return
Property Facts
| No. Units | 8 | Building Size | 6,702 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.6/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LBR2N - 2-family residential district w/ standard lots. Recognizes the need for 2-family, moderate density housing w/ outdoor living space | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,702 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | LBR2N - 2-family residential district w/ standard lots. Recognizes the need for 2-family, moderate density housing w/ outdoor living space |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | $2,595 | - |
| 3+2 | 1 | $3,495 | - |
Property Taxes
| Parcel Number | 7257-008-012 | Improvements Assessment | $1,290,000 |
| Land Assessment | $1,935,000 | Total Assessment | $3,225,000 |
Property Taxes
Parcel Number
7257-008-012
Land Assessment
$1,935,000
Improvements Assessment
$1,290,000
Total Assessment
$3,225,000
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