715 Ultimo Ave | Long Beach, CA 90804
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This Multifamily Property is no longer advertised on LoopNet.com.
715 Ultimo Ave
Long Beach, CA 90804
High-Yield Mixed-Use | 7.18% CAP & 8.63 GRM · Multifamily Property For Sale
·
12 Units

INVESTMENT HIGHLIGHTS
- High-yield mixed-use opportunity located in the desirable Alamitos Heights neighborhood of Long Beach
- A total of 10 residential units and 2 ground-level office spaces
- One (1) of the original office spaces has been converted into two (2) non-conforming studio units
- Attractive in-place income | Offered at a 7.18% CAP Rate and 8.63 GRM
- 2 separate buildings on a single parcel | A Triplex at 715 Ultimo Avenue and a mixed-use building at 5547 East 7th Street
- Minutes from Cal State Long Beach, 2nd & PCH, and Marina Pacifica | Surrounded by an abundance of retail, restaurants, grocery, parks, & schools
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
LINKS
PROPERTY TAXES
| Parcel Number | 7241-026-022 | Improvements Assessment | $311,317 |
| Land Assessment | $330,899 | Total Assessment | $642,216 |
PROPERTY TAXES
Parcel Number
7241-026-022
Land Assessment
$330,899
Improvements Assessment
$311,317
Total Assessment
$642,216
Listing ID: 35866048
Date on Market: 5/14/2025
Last Updated:
Address: 715 Ultimo Ave, Long Beach, CA 90804
The Belmont Heights Multifamily Property at 715 Ultimo Ave, Long Beach, CA 90804 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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