541 E 64th Street, Long Beach, CA, US, 90805
541 E 64th Street, Long Beach, CA, US, 90805
$2,880,000
Request info
Basics
- Date added: Added 7日 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 2, 2
- Lot size: 13517, 13517 sq ft
- Year built: 1960
- Zoning: LBR4R
- County: Los Angeles
- MLS ID: PW25079294
Description
-
Description:
**Excellent North Long Beach Location Across From Jordan High School & Houghton Park**
**Priced at $180,000/Unit & $282/SF**
**10.08 GRM & 6.8% Cap Rate on Current Income**
**7.87 GRM & 9.5% Cap Rate on Market Rents**
**First Time on the Market in Decades**
----The 64th Street Apartments offer an investor the opportunity to acquire 16 units in the strong rental market of North Long Beach. The property sits across the street from Jordan High School and Houghton Park, and has easy access to the 91 & 710 Freeways. Residents enjoy covered parking, gated access and an on-site laundry room.
----Also for sale are neighboring properties of 520 Adams, 540 Adams, 555 Adams & 560 Adams
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Location
- Directions: South of Artesia Blvd and West of Atlantic Ave
- Lot Size Acres: 0.3103 acres
Building Details
- Water Source: Public
- Open Parking Spaces: 0
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: TwoCommonWallsOrMore
- Garage Spaces: 0
- Levels: Two
- Number Of Buildings: 1
Amenities & Features
- Pool Features: None
- Parking Total: 16
- Laundry Features: CommonArea
Expenses, Fees & Taxes
- Trash Expense: $5,435
- New Taxes Expense: $39,056
- Pest Control Expense: $803
- Maintenance Expense: $6,539
- Other Expense: $1,500
- Electric Expense: $5,435
- Fuel Expense: $5,435
- Insurance Expense: $4,800
- Water Sewer Expense: $5,435
Miscellaneous
- List Office Name: Morgan Skenderian
- Listing Terms: CashToNewLoan,Conventional,Exchange1031
- Common Interest: CommunityApartment
- Community Features: Curbs,Gutters,Sidewalks
- Attribution Contact: dsr@morganskenderian.com
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