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330-332 Cedar Ave
Long Beach, CA 90802
The Gatsby West · Multifamily Property For Sale
·
25 Units
Investment Highlights
- 25 Units in prime Downtown Long Beach under 10 GRM and a 6.0% CAP.
- Qualified Buyers can put as little as 28% Down.
- Very well maintained asset and professionally managed.
- EMAIL LISTING AGENT FOR MORE INFO.
- Modern Electrical, 5 year old Roof.
- NOT Subject to local rent control - only AB 1482.
Property Facts
| No. Units | 25 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 14,055 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1915/2020 |
| Zoning | LBPD30 - Downtown Long Beach Plan | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 14,055 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1915/2020 |
| Zoning | LBPD30 - Downtown Long Beach Plan |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | $1,495 | 400 |
| 1+1 | 4 | $1,595 | 425 |
| 3+1 | 1 | $2,670 | 1,000 |
Property Taxes
| Parcel Number | 7280-015-009 | Improvements Assessment | $2,164,864 |
| Land Assessment | $4,042,883 | Total Assessment | $6,207,747 |
Property Taxes
Parcel Number
7280-015-009
Land Assessment
$4,042,883
Improvements Assessment
$2,164,864
Total Assessment
$6,207,747
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