725 East Artesia Boulevard, Long Beach, CA 90805

$735,000 Approx. USD 0 beds, 0 baths
5,522 sqft

Agent Remarks

An investment in 725 E Artesia Ave offers the opportunity for an investor to acquire bread and butter mixed use real estate with upside in rents and the ability to register an excellent cap rate for strong management. Built in 1960, the property consists of (2) 2+1, (2) 1+1 units and (1) non-conforming units. The property also offers a 1,400 square foot retail or office space fronting Artesia Ave. There is one garage in the front of the property, and an additional three garages in the rear. The location is freeway close to the 91, 710 and 405 freeways. Overall, rents are under market and with a mild rehab routine, should have no problem increasing rents.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW16104272
List price is $735,000
Beds: 0
Baths: 0
Built in 1960
5,522 sqft
2 stories
0.13 acres
Lot size: 5853.000
County: Los Angeles
MLS area: 7 - North Long Beach

Last Updated: 8/23/2016

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This listing belongs to the 7 - North Long Beach MLS area

Lat/Long: 33.874863, -118.183250.
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Broker: Courtesy of INCO Commercial Realty Inc
Listing Agent: Brad Miles

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
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