1221 E 1st St | Long Beach, CA 90802
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
1221 E 1st St
Long Beach, CA 90802
5.75% Financing Available · Multifamily Property For Sale · 16 Units
Investment Highlights
- 5.75% Financing Available
- Complete Rebuild & Renovation of the Property to the Studs
- Complete Interior Designer-Managed Unit Renovations with High End Materials
- Turnkey Asset / $955,000 in CAPEX Invested
- 100% New Building Systems Including Plumbing, Mechanical & Electrical
- Prime Alamitos Beach Location
PROPERTY FACTS
| No. Units | 16 | Building Size | 8,120 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 2023 |
| Building Class | B | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.21 AC |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 8,120 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 0.81/1,000 SF |
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | 400 |
| 1+1 | 3 | - | 645 |
| 2+1 | 2 | - | 690 |
PROPERTY TAXES
| Parcel Number | 7265-011-021 | Improvements Assessment | $988,380 |
| Land Assessment | $2,809,080 | Total Assessment | $3,797,460 |
PROPERTY TAXES
Parcel Number
7265-011-021
Land Assessment
$2,809,080
Improvements Assessment
$988,380
Total Assessment
$3,797,460
zoning
| Zoning Code | R4 (restricted Density Multiple Dwelling) |
| R4 (restricted Density Multiple Dwelling) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
