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1201 Ohio Ave
Long Beach, CA 90804
Multifamily Property For Sale · 7 Units
PROPERTY FACTS
No. Units | 7 | Building Size | 6,604 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1963 |
Building Class | C | Parking Ratio | 0.57/1,000 SF |
Lot Size | 0.13 AC |
No. Units | 7 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.13 AC |
Building Size | 6,604 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1963 |
Parking Ratio | 0.57/1,000 SF |
About 1201 Ohio Ave , Long Beach, CA 90804
--- 75K PRICE REDUCTION! --- Owner's are working with seller's to get the deal done! Austin Longwell & Johnnie Stiegler of Lyon | Stahl investment Real Estate are proud to present 1201 Ohio Ave in Long Beach. An amazing opportunity to own a stabilized 7 unit apartment complex in the heart of Long Beach. This property boasts a perfect 2 bedroom/1 bath unit mix all receiving approximately $1,450/month and the entire building was redone with copper plumbing less than 6 months ago. Close to many of Long Beach's major attractions, shopping centers, and coveted neighborhoods this property's location couldn't be any more centralized. Purchase as a stabilized asset and enjoy the 4.15% CAP from day 1, or remodel and enjoy the almost 30% upside potential in this booming rental market. The possibilities are endless. Call for more details!
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 7 | $1,650 | - |
PROPERTY TAXES
Parcel Number | 7260-028-012 | Improvements Assessment | $1,402,500 |
Land Assessment | $714,000 | Total Assessment | $2,116,500 |
PROPERTY TAXES
zoning
Zoning Code | R2, Long Beach |
R2, Long Beach |
Learn More About Investing in Apartment Buildings
Listing ID: 14628726
Date on Market: 12/13/2018
Last Updated:
Address: 1201 Ohio Ave, Long Beach, CA 90804
The Multifamily Property at 1201 Ohio Ave, Long Beach, CA 90804 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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