$1,250,000
Accepting Backup Offers

725 E Artesia Boulevard

Long Beach, CA 90805
0.13 acres | #SB24220874
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 6 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

725 E Artesia is a mixed use property in North Long Beach. Highlighted by 5 Apartment units and 1 Commercial space, this building is operating at an 8.27% Cap rate and $226/SF. The unit mix is comprised of (2) 3 Bed/1 Bath, (1) 2 Bed/1 Bath, (2) 1 Bed/1 Bath and (1) Commercial Space. The property was built in 1960 and is in a rapidly growing Long Beach Market

  • Property Details
      • SubdivisionNorth Long Beach (NLB)
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,250,000
      • MLS #SB24220874
      • MLS #SB24220874
      • Property SubtypeMixedUse
      • Cost1250000
      • Acres0.1344
      • Utility SourcePublic
      • Year Built1960
      • Stories2
      • Parking Spaces4

Location

King Realty GroupReal Estate Group
$
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Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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