1221 E 1st St | Long Beach, CA 90802
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- LoopNet Team
1221 E 1st St
Long Beach, CA 90802
5.75% Financing Available · Residential 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 | Building Size | 8,120 SF |
| Property Type | Residential | Average Occupancy | 100% |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Low Rise | Year Built | 2023 |
| Building Class | B | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.21 AC |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 8,120 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 2023 |
| Parking Ratio | 0.81/1,000 SF |
Unit Amenities
- Air Conditioning
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 | £795,541 |
| Land Assessment | £2,261,011 | Total Assessment | £3,056,552 |
PROPERTY TAXES
Parcel Number
7265-011-021
Land Assessment
£2,261,011
Improvements Assessment
£795,541
Total Assessment
£3,056,552
zoning
| Zoning Code | R4 (restricted Density Multiple Dwelling) |
| R4 (restricted Density Multiple Dwelling) |
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