925 E 5th St | Long Beach, CA 90802
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- LoopNet Team
925 E 5th St
Long Beach, CA 90802
11.45 GRM / 5.77% Cap in Prime Alamitos Beach · Multifamily Property For Sale · 12 Units
INVESTMENT HIGHLIGHTS
- 11 of 12 Units Fully Remodeled with In-Unit Washer/Dryers
- 6 Garages with ADU Conversion Potential
- All Electric Building, Separately Metered
- Historically High Tenant Retention
PROPERTY FACTS
| No. Units | 12 | Building Size | 8,060 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.74/1,000 SF |
| Lot Size | 0.16 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,060 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.74/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 620 |
| 2+1 | 2 | - | 700 |
| 2+2 | 4 | - | 725 |
PROPERTY TAXES
| Parcel Number | 7266-007-021 | Improvements Assessment | $836,637 |
| Land Assessment | $1,952,157 | Total Assessment | $2,788,794 |
PROPERTY TAXES
Parcel Number
7266-007-021
Land Assessment
$1,952,157
Improvements Assessment
$836,637
Total Assessment
$2,788,794
ZONING
| Zoning Code | R4 (High density residential) |
| R4 (High density residential) |
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