783 Newport Ave - Apartments FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$2,389,000 USD
626-833-9697
783 Newport Ave, Long Beach, CA for Sale
$2,389,000 USD
Apartments - FOR SALE
1/2
null | 4.42% Cap Rate

783 Newport Ave
Long Beach, CA 90804
Eastside Long Beach


OVERVIEW

Beautiful East of Redondo Security Building. Located between 7th and 8th St. Property is pride of ownership. Well, maintained. Courtyard Style. New updated handrails and Paint recently done. Lots of room for improvement on the rents. Three large 2-bedroom units and 6 large 1-bedroom units. 4 garages off Alley.

FOR SALE DETAILS

PRICE

$2,389,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

9

PRICE/UNIT

$265,444

CAP RATE

4.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,519 SF

ZONING

LBR3S

APN/PARCEL ID

7258-023-021

ASK ABOUT THIS PROPERTY

Bill DavisBill DavisMore Info
626-833-9697

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Bill DavisBill DavisMore Info
626-833-9697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.