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5111-5119 Long Beach Ave

15 Unit Block of Flats £919,379 (£61,292/Unit) Los Angeles, CA 90058

Executive Summary

This a great 4 unit residential apartment building with an addition 5th commercial unit that can be used as retail, office or warehouse. There is plenty of upside on the potential rents. This property is directly across the Metro A Line (Blue) that connects to Downtown LA. The commercial unit is currently vacant for an owner user looking to collect additional income from the 4 residential units or for an investor that would lease the unit for approximately $3,000 a month.

Property Facts

Price £919,379
Price Per Unit £61,292
Sale Type Investment
No. Units 15
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 0.14 AC
Building Size 2,190 SF
Number of Floors 2
Year Built 1959
Parking Ratio 2.28/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 1 £744.89 -
1+1 2 £744.89 -
1+1 3 £1,079 -
1+1 4 £1,119 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5106-026-032
Land Assessment
£553,561
Improvements Assessment
£244,218
Total Assessment
£797,780

zoning

Zoning Code LAR2
LAR2
  • Listing ID: 29359829

  • Date on Market: 24/08/2023

  • Last Updated:

  • Address: 5111-5119 Long Beach Ave, Los Angeles, CA 90058

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