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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
Stepp Commercial is pleased to present 6974-6976 Long Beach Boulevard, which consists of 27 apartments across two buildings situated on an oversized lot of 26,878 square feet. In addition to an attractive mix of eighteen 1 bedroom + 1 bath units and nine 2 bedroom + 1 bath units the property offers twelve private garages. 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. 6974-6976 Long Beach Boulevard is an attractive opportunity for investors to acquire a value-add asset with 14% rental upside potential.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | $1,038 | 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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