1030 Myrtle Ave | Long Beach, CA 90813
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- LoopNet Team
1030 Myrtle Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 2005 Construction just outside of downtown Long Beach
- Tons of upside opportunity
- 15% upside in rents based on current GRM of 13.3 and Cap rate of 4.2%
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,040 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2005 |
| Building Class | C | Parking Ratio | 2.63/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LBR4R - Medium Density Multiple Residence | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2005 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | LBR4R - Medium Density Multiple Residence |
AMENITIES
UNIT AMENITIES
- Balcony
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,400 | - |
| 3+1 | 3 | $2,722 | - |
PROPERTY TAXES
| Parcel Number | 7274-010-011 | Improvements Assessment | $498,767 |
| Land Assessment | $933,863 | Total Assessment | $1,432,630 |
PROPERTY TAXES
Parcel Number
7274-010-011
Land Assessment
$933,863
Improvements Assessment
$498,767
Total Assessment
$1,432,630
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