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

501 E 51st St
Long Beach, CA 90805
Multifamily Property For Sale · 10 Units

Investment Highlights

  • 70% of building (very high %) is Section 8 or Program tenants for guaranteed income! Significant upside for rents!

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 6,912 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.45/1,000 SF
Zoning R4R, Long Beach - Contact: Alex Stamires

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,516 -
1+1 6 $1,845 -

Property Taxes

Property Taxes

Parcel Number
7130-010-019
Land Assessment
$583,664
Improvements Assessment
$2,228,536
Total Assessment
$2,812,200
  • Listing ID: 24786314

  • Date on Market: 1/7/2022

  • Last Updated:

  • Address: 501 E 51st St, Long Beach, CA 90805

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}