2333 Olive Ave | Long Beach, CA 90806
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- LoopNet Team
2333 Olive Ave
Long Beach, CA 90806
Multifamily Property For Sale · 5 Units
Investment Highlights
- 1980's CONSTRUCTION - Built in 1985, this property stands out from the crowd with it's relatively new construction
- VALUE ADD OPPORTUNITY - Rents for the apartments are approximately 22% below market value
- HUGE UNITS - Consisting of all three bedroom units, this property is uniquely situated with two units having patios and one being townhome style
- PARKING AND LAUNDRY FACILITIES - Boasting seven surface spaces and community laundry facilities
PROPERTY FACTS
| No. Units | 5 | Building Size | 5,276 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Apartment Style | Garden | No. Stories | 2 |
| Lot Size | 0.15 AC | Year Built | 1985 |
| No. Units | 5 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.15 AC |
| Building Size | 5,276 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1985 |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 5 | $2,300 | - |
PROPERTY TAXES
| Parcel Number | 7211-009-030 | Improvements Assessment | $535,910 |
| Land Assessment | $468,918 | Total Assessment | $1,004,828 |
PROPERTY TAXES
Parcel Number
7211-009-030
Land Assessment
$468,918
Improvements Assessment
$535,910
Total Assessment
$1,004,828
zoning
| Zoning Code | LBR1N |
| LBR1N |
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