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Triplex in Long Beach, CA 1107 Mahanna Ave

3 Unit Apartment Building $795,000 ($265,000/Unit) Long Beach, CA 90813

Investment Highlights

  • $795,000 Asking Price; Extremely Affordable!
  • One (1) Vacant Unit; Live in One, Rent The Others!(Please call for details)
  • Upside in rental income!
  • (2) 1BD/1BA units and (1) 2BD/1BA unit
  • Proximity to Downtown Long Beach, Long Beach City College, and the Southern California Coastline
  • Residential Financing Available for 1-4 units

Executive Summary

Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245

Property Facts

Price $795,000
Price Per Unit $265,000
Sale Type Investment
Gross Rent Multiplier 15.06
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.11 AC
Building Size 1,695 SF
Average Occupancy 67%
No. Stories 1
Year Built 1919
Parking Ratio 1.77/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+1 1 - -
Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33663706

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 1107 Mahanna Ave, Long Beach, CA 90813

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