541-551 E 64th St | Long Beach, CA 90805
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541-551 E 64th St
Long Beach, CA 90805
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Excellent North Long Beach Location Across From Jordan High School & Houghton Park
- 9.68 GRM & 7.1% Cap Rate on Current Income
- First Time on the Market in Decades
- Priced at $174,688/Unit & $274.18/SF
- 7.64 GRM & 9.8% Cap Rate on Market Rents
Property Facts
| No. Units | 16 | Building Size | 13,860 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | LBR4R | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 13,860 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | LBR4R |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,492 | 650 |
Property Taxes
| Parcel Number | 7115-028-005 | Improvements Assessment | $830,429 |
| Land Assessment | $277,375 | Total Assessment | $1,107,804 |
Property Taxes
Parcel Number
7115-028-005
Land Assessment
$277,375
Improvements Assessment
$830,429
Total Assessment
$1,107,804
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