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1861 Pacific Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Garages
- Strong/Stable Cash Flow
Property Facts
| Price Per Unit | $314,065 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 7.66% | Building Size | 6,072 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 0.82/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LBCCA - Long Beach Coastal Commercial Area | ||
| Price Per Unit | $314,065 CAD |
| Sale Type | Investment |
| Cap Rate | 7.66% |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 6,072 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 0.82/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LBCCA - Long Beach Coastal Commercial Area |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Tub/Shower
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 759 |
Property Taxes
| Parcel Number | 7209-022-010 | Improvements Assessment | $2,064,071 CAD |
| Land Assessment | $976,624 CAD | Total Assessment | $3,040,695 CAD |
Property Taxes
Parcel Number
7209-022-010
Land Assessment
$976,624 CAD
Improvements Assessment
$2,064,071 CAD
Total Assessment
$3,040,695 CAD
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