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

324 E Esther St
Long Beach, CA 90813
Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.14 AC
Building Size 4,320 SF
No. Stories 1
Year Built 1926
Parking Ratio 0.93/1,000 SF
Zoning LBPD29

Amenities

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Gated

About 324 E ESTHER ST , LONG BEACH, CA 90813

Probate, no court confirmation required! Professionally maintained, pride of ownership 10-unit building in thriving Downtown Long Beach. The Spanish-style courtyard building consists of 2 one bedroom/bath units and 8 studio apartments with 4 single car garages. There is tons of upside rent potential and not subject to rent control. Property has on-site laundry for additional income. Several units have been recently renovated. Each unit has separate electric meters and a master gas meter. Located in a high-demand rental market and a 7.8% pro-forma CAP rate, makes 324 Esther Street a great opportunity for any investor! DRIVE BY ONLY. PCH and Long Beach Blvd in Downtown Long Beach location - close to Blue Line, 710 Freeways and new development.

Property Taxes

Property Taxes

Parcel Number
7269-021-017
Land Assessment
$892,413
Improvements Assessment
$752,972
Total Assessment
$1,645,385
  • Listing ID: 6490688

  • Date on Market: 3/28/2017

  • Last Updated:

  • Address: 324 E Esther St, Long Beach, CA 90813

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