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825-829 Ocean Blvd
Long Beach, CA 90802
Multifamily Property For Sale
·
4 Units

PROPERTY FACTS
| No. Units | 4 | Building Size | 3,750 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1922/2013 |
| Building Class | C | Parking Ratio | 0.53/1,000 SF |
| Lot Size | 0.09 AC | ||
| Zoning | PD-30/R4-R, Long Beach - LBR4R | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,750 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2013 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | PD-30/R4-R, Long Beach - LBR4R |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Tub/Shower
- Yard
- Deck
- Dining Room
- Patio
- Smoke Free
ABOUT 825-829 OCEAN BLVD , LONG BEACH, CA 90802
Fantastic opportunity to own an income producing 4-unit beach property with Harbor views. You cannot beat this location or cash flow! Located in Alamitos Beach just steps away from the beach and downtown Long beach where urban living meets the waterfront. Close to some of the best amenities south of LA and in the city's most bike-friendly and walk-able neighborhood. Moments away from East Village Arts District, Pike Shopping Center, Queen Mary, Long Beach Aquarium, Catalina Island Express Ferries, Bixby Park and the great dining options Long Beach is recognized for. All 4 units come fully furnished and have a "private living" atmosphere with their own separate entrances. Front 2 units are both 2 bedroom/ 2 bathroom units and over 1100 square feet each, upgraded with tile and wood/laminate flooring, upgraded kitchens and bathrooms, newer appliances, double pane windows. The upstairs unit has a massive outdoor deck (10x20), perfect for entertaining. The 1 bedroom/1 bathroom unit is approximately 900 sqft with a private entrance, and fully upgraded. The studio is also upgraded and 450 sqft. Other features include 2 separate garages with automatic doors, 1/2 basement for storage, a large upstairs deck, and smaller downstairs deck. All units have direct access to a lovely courtyard complete with landscaping and sidewalks.....YES a YARD in downtown Long Beach! See rent rolls and cash flow analysis. All units delivered vacant so that a future owner may occupy or take advantage of seasonal short-term rental rates.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $2,250 | 450 |
| 1+1 | 1 | $2,750 | 900 |
| 2+2 | 2 | $3,250 | 1,100 |
PROPERTY TAXES
| Parcel Number | 7265-003-037 | Improvements Assessment | $535,910 |
| Land Assessment | $1,506,915 | Total Assessment | $2,042,825 |
PROPERTY TAXES
Listing ID: 11126359
Date on Market: 1/3/2018
Last Updated:
Address: 825-829 Ocean Blvd, Long Beach, CA 90802
The Downtown Long Beach Multifamily Property at 825-829 Ocean Blvd, Long Beach, CA 90802 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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