3301 E Artesia Blvd | Long Beach, CA 90805
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3301 E Artesia Blvd
Long Beach, CA 90805
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- 9 Units in North Long Beach
- Unit Mix: (1) Front 3-Bed/2-Bath House, (5) 2-Bed/1-Bath, (3) 1-Bed/1-Bath
- Great Potential for Upside – 7.73% Market CAP | 8.96 Market GRM
- (2) Buildings: (1) Front House & (1) 8-Unit | Approx. (20) Total Parking Spaces
- Strong In-Place Income – 6.21% CAP | 10.46 GRM
- Low Cost Per Unit: $255K/Unit
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 7,034 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | C | ||
| Zoning | LBR4N - restricted Density Multiple Dwelling | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 7,034 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Zoning | LBR4N - restricted Density Multiple Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $3,464 | - |
| 2+1 | 5 | $1,939 | - |
| 1+1 | 3 | $1,651 | - |
PROPERTY TAXES
| Parcel Number | 7120-017-037 | Improvements Assessment | $142,173 |
| Land Assessment | $47,284 | Total Assessment | $189,457 |
PROPERTY TAXES
Parcel Number
7120-017-037
Land Assessment
$47,284
Improvements Assessment
$142,173
Total Assessment
$189,457
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