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725 Orange Ave
Long Beach, CA 90813
725-745 Orange Ave, Long Beach, CA · Multifamily Property For Sale
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32 Units
Investment Highlights
- 2 Buildings Next to each other - 32 units total.
- Great unit mix of 1 and 2 bedrooms.
- EMAIL Listing Agent for more info including a Rent Roll and actual expenses.
- Tons of onsite parking which is an anomaly for the area
- Potential to build up to 6 ADU's onsite - Buyer to verify.
- EARN OVER AN 8% CASH ON CASH RETURN AGAINST IN PLACE RENTS.
Property Facts
| No. Units | 32 | Building Size | 7,196 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 5.56/1,000 SF |
| Lot Size | 0.78 AC | ||
| Zoning | R2N - Two-family Residential, standard lot | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 7,196 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 5.56/1,000 SF |
| Zoning | R2N - Two-family Residential, standard lot |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | 730 |
| 2+1 | 10 | - | 900 - 1,000 |
Property Taxes
| Parcel Number | 7266-003-029 | Improvements Assessment | $673,867 |
| Land Assessment | $1,246,919 | Total Assessment | $1,920,786 |
Property Taxes
Parcel Number
7266-003-029
Land Assessment
$1,246,919
Improvements Assessment
$673,867
Total Assessment
$1,920,786
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