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435 W 11th St

Long Beach, CA 90813
  • $2,199,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 6,395

    SqFt

About the Listing H05626 - SBASSGRE

The Eleventh Street Apartments, is a nine-unit apartment building located in the Willmore Historic District within the strong rental market of Long Beach, California. The property offers a desirable unit mix of (5) two bedroom/ one bath-room units and (4) one bedroom/ one bathroom units totaling 6,395 square feet, situated on a 9,895 square foot lot. The building has recently gone through extensive interior and exterior renovations including, but not limited to: new roofs, garages, windows, complete interiors, fencing, concrete, and plumbing. Tenants also enjoy washer and dryer hookups in each unit, large fenced patios/yards, and enclosed garages. The Eleventh Street Apartments represents an opportunity for an investor to acquire a very stable investment with a 5.12% CAP Rate and 6.69% Total Return on current income. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.

Listing Highlights for 435 W 11th St

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® OC18230942
Year Built 1936
Total Square Footage 6,395
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Near Public Transit
  • Garage Capacity: 8 car
  • Parking Spaces: 10
  • Zoning: LBPD10
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Garage,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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435 W 11th St Long Beach, CA 90813

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Listing Courtesy of Greg Bassirpou, Marcus & Millichap RE Invest

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