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4401 E Division St
Long Beach, CA 90803
Multifamily Property For Sale
·
5 Units


Investment Highlights
- Belmont Shore is between the 2nd St Promenade and the ocean. Easy walking distance to both. Units don't turn overmuch in our building. Great tenants!
Property Facts
| Price Per Unit | $390,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.48% | Lot Size | 0.08 AC |
| Gross Rent Multiplier | 16.8 | Building Size | 2,628 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Zoning | R2 - Residential | ||
| Price Per Unit | $390,000 |
| Sale Type | Investment |
| Cap Rate | 3.48% |
| Gross Rent Multiplier | 16.8 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 2,628 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R2 - Residential |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $2,875 | - |
| 1+1 | 2 | $4,050 | - |
| 2+1 | 1 | $2,750 | - |
Property Taxes
| Parcel Number | 7256-025-012 | Improvements Assessment | $515,811 |
| Land Assessment | $964,640 | Total Assessment | $1,480,451 |
Property Taxes
Parcel Number
7256-025-012
Land Assessment
$964,640
Improvements Assessment
$515,811
Total Assessment
$1,480,451
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