This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

1132 E Arcadia Ct
Long Beach, CA 90813

Multifamily Property For Sale · 5 Units

Investment Highlights

  • 5 units currently operating at 6.01% cap rate and 10.76 GRM
  • SUBSTANTIAL PARKING - 8 parking spaces
  • Unit mix comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units; Potential to build ADU in the tuck under parking
  • 2Bed+2Bath ADU can be built in the tuck under parking while still maintaining parking spaces on site. ADUs will bring in an extra $30,000 annually wit

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 2,886 SF
No. Stories 2
Year Built 1962

Unit Amenities

  • Microwave
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7268-017-001
Land Assessment
$127,783
Improvements Assessment
$241,377
Total Assessment
$369,160

zoning

Zoning Code LBR1N
LBR1N
  • Listing ID: 33042056

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 1132 E Arcadia Ct, Long Beach, CA 90813

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}