527 E 3rd St Apartments

527 E 3rd St Apartments, For Sale - Image 2
Available
08-10-2018
10-29-2021

527 E 3rd St, Long Beach, CA 90802

Property Description

21 very nice units in a great Long Beach location. Well kept building near 3rd and LimeStrong occupancy and steadty income.Good unit mix of 1 and 2 bedroom apartments w 1 single

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Key Property Information

Listing Status
Available
Multifamily type
Garden Style
Price
$ 5,640,000
No. of Units
21
Cap Rate
4.3%
GRM / GIM
19
Average Occupancy
100%
Year Built
1948
Building Size
12,052 Sq ft
Lot Size
7,500 Sq ft
No. of Stories
2
APN
7281-011-025
Opportunity Zone
Off
Price per unit
$ 268,571

Financial Details

Income/Expense Info
Actual
Gross Income
$ 285,072
Operating Expenses
$ 40,047
Net Operating Income
$ 245,025
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33.770817, -118.185604

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