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5271 E Anaheim Rd
Long Beach, CA 90815
Build-to-Rent Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Property Size | 6,974 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Costar Property Class | C | Parking Allocation | 0.72/1,000 sq ft |
| Total Plot Size | 0.17 ac | ||
| Use Class | LBR4R | ||
| No. Units | 7 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.17 ac |
| Property Size | 6,974 sq ft |
| Average Occupancy | 86% |
| No. Floors | 2 |
| Year Built | 1955 |
| Parking Allocation | 0.72/1,000 sq ft |
| Use Class | LBR4R |
ABOUT 5271 E ANAHEIM RD , LONG BEACH, CA 90815
King Real Estate Group of Marcus & Millichap is pleased to present this 7-unit multi-family property located in the Park Estates area of Long Beach, CA. The subject property has a unit mix of (4) 1-bedroom / 1-bathroom units, (2) 2-bedroom / 1-bathroom units and (1) 2-bedroom / 2-bathroom unit. The building was built in 1955 and has 5 single car garages with access from the alley. The building consists of 6,974 rentable square feet and sits on a 7,697 square foot lot. This property has great potential to add value and raise rents. Investors benefit from the high demand for rentals in this coastal city of Southern California. Tenants enjoy living a short distance to local beaches, transportation, California State University of Long Beach, as well as shopping, restaurants and nightlife in Downtown Long Beach and Belmont Shore.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 4 | £1,200 | - |
| 2+1 | 2 | £1,675 | - |
| 2+2 | 1 | £1,800 | - |
PROPERTY TAXES
| Parcel Number | 7240-013-002 | Improvements Assessment | £832,614 |
| Land Assessment | £963,027 | Total Assessment | £1,795,641 |
PROPERTY TAXES
