2241 Earl Ave | Long Beach, CA 90806
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- LoopNet Team
2241 Earl Ave
Long Beach, CA 90806
Multifamily Property For Sale · 5 Units
Investment Highlights
- 12.81 x Gross and 5.17% Cap Rate on Actual Rents
- Interior Renovations Include New Kitchens and Bathrooms
- High-Demand Wrigley Neighborhood
- Fully-Rented, Stabilized Asset with Strong In-Place Cash Flow
- Potential to Add Parking to Increase Revenue
PROPERTY FACTS
| No. Units | 5 | Building Size | 2,730 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built | 1947 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.13 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,730 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 1.83/1,000 SF |
Unit Amenities
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 475 - 500 |
| 2+1 | 1 | - | 830 |
PROPERTY TAXES
| Parcel Number | 7205-019-023 | Improvements Assessment | $985,065 |
| Land Assessment | $878,869 | Total Assessment | $1,863,934 |
PROPERTY TAXES
Parcel Number
7205-019-023
Land Assessment
$878,869
Improvements Assessment
$985,065
Total Assessment
$1,863,934
zoning
| Zoning Code | R2 |
| R2 |
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