444 Chestnut Ave | Long Beach, CA 90802
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- LoopNet Team
444 Chestnut Ave
Long Beach, CA 90802
Fairmont Apartments · Multifamily Property For Sale
·
19 Units
INVESTMENT HIGHLIGHTS
- All units heavily remodeled in 2018.
- Best priced deal in Long Beach with upside to a 4.9% CAP.
- Can be purchased with 636 Chestnut - 33 units for $7.00MM.
- Over $400K spent on CAP EX.
- Excellent location blocks from Down Town Long Beach.
- DOWNLOAD OM FOR MORE INFO INCLUDING RENT ROLL.
PROPERTY FACTS
| No. Units | 19 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 11,928 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1927/2018 |
| Zoning | LBR4N | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 11,928 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1927/2018 |
| Zoning | LBR4N |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 7280-011-008 | Improvements Assessment | $1,591,812 |
| Land Assessment | $2,865,261 | Total Assessment | $4,457,073 |
PROPERTY TAXES
Parcel Number
7280-011-008
Land Assessment
$2,865,261
Improvements Assessment
$1,591,812
Total Assessment
$4,457,073
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