6803 Long Beach Blvd
Long Beach, CA 90805
Multifamily Property For Sale
·
9 Units
Property Facts
| No. Units | 9 | Building Size | 6,420 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.09/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LBCCA | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,420 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | LBCCA |
About 6803 LONG BEACH BLVD , LONG BEACH, CA 90805
Marcus & Millichap is pleased to present 6803 Long Beach Boulevard, a 10-unit mixed-use investment opportunity in Long Beach, California. The property is located less than a mile from Compton College and conveniently near the 710 and 405 freeways in a redeveloping area of North Long Beach. The offering consists of two buildings, a front office building and a rear apartment building with two studios, six one-bedroom units and one three-bedroom unit. The property is securely gated and features a shared courtyard, a currently unused rooftop deck area, on-site laundry, seven parking spaces in the rear, and individual gas and electric meters. Additionally, the roof of the apartment building was replaced in 2016. The office space, which has excellent exposure facing well-trafficked Long Beach Boulevard, will soon be vacant and is being marketed for $2,200 per month. With steady cash flow on current rents, additional potential upside, and a good commuter location, 6803 Long Beach Boulevard presents a great investment opportunity.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,700 | - |
| 1+1 | 6 | $1,025 | - |
| Studios | 2 | $867.50 | - |
Property Taxes
| Parcel Number | 7304-027-032 | Improvements Assessment | $673,136 |
| Land Assessment | $1,009,706 | Total Assessment | $1,682,842 |
Property Taxes
