This Multifamily Property is no longer advertised on LoopNet.com.
1221 E 1st St
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
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 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
ZONING
Zoning Code
R4 (restricted Density Multiple Dwelling)
