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

3333-3337 E 15th St
Long Beach, CA 90804
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 3,284 SF
Average Occupancy 60%
No. Stories 2
Year Built 1960
Parking Ratio 2.44/1,000 SF
Zoning R3T, Long Beach

Amenities

Unit Amenities

  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer

Site Amenities

  • Laundry Facilities

About 3333-3337 E 15TH ST , LONG BEACH, CA 90804

Lyon|Stahl is pleased to present 3333-3337 E. 15th St., a beautiful 6-unit property located in the highly desirable traffic circle area of Long Beach. Built on a 6,778 SF lot, the property consists of (1) 1-bed/1-bath HOUSE, and (5) 1-bed/1-bath units. Well maintained and landscaped, the property is equipped with 4 garages, and a total of 8 parking spaces. Plenty of upside in market rents, and a very achievable CAP of 6.54 cap rate and 11 GRM. This area attracts business professionals and college students alike with its close proximity to the 405 and Pacific Coast Highway. The back house is quite large and can be rented for 1800 a month. Parking in the area rents for $150 a space and two of the front units will be delivered vacant at the close of escrow allowing for someone to increase the rents to market. This asset is the perfect investment for an exchange buyer or owner looking to own a piece of one of Southern California’s last affordable beach communities.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,238 -

Property Taxes

Property Taxes

Parcel Number
7259-006-038
Land Assessment
$836,637
Improvements Assessment
$561,661
Total Assessment
$1,398,298
  • Listing ID: 11945081

  • Date on Market: 3/16/2018

  • Last Updated:

  • Address: 3333-3337 E 15th St, Long Beach, CA 90804

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