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6974 Long Beach Blvd
Long Beach, CA 90805
Multifamily Property For Sale
·
27 Units
Property Facts
| No. Units | 27 | Building Size | 17,708 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Lot Size | 0.62 AC | ||
| Zoning | R3 | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 17,708 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | R3 |
Amenities
Site Amenities
- Controlled Access
- Laundry Facilities
About 6974 LONG BEACH BLVD , LONG BEACH, CA 90805
The Long Beach Boulevard Apartments sits on an oversized lot of 26,878 square feet consisting of 27-units. The building features eighteen 1 bedroom + 1 bath units, nine 2 bedroom + 1 bath units and offers thirty covered parking spaces. The value-add asset presents investors with an opportunity to acquire an asset with 14% rental upside potential. The property is located in the North Long Beach neighborhood and is within walking distance to bus lines, restaurants and a short drive to the vibrant Downtown Long Beach area.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,058 | 611 |
| 2+1 | 9 | $1,210 | 745 |
Property Taxes
| Parcel Number | 7304-001-008 | Improvements Assessment | $5,410,080 |
| Land Assessment | $1,664,640 | Total Assessment | $7,074,720 |
Property Taxes
Parcel Number
7304-001-008
Land Assessment
$1,664,640
Improvements Assessment
$5,410,080
Total Assessment
$7,074,720
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