725 E Artesia BLVD, Long Beach, CA 90805 – SB24220874

$1,250,000

Est. payment -/mo

$1,250,000

Est.Price: ?

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5,854 Sqft Lot

SOLD DATE : 12/24/2024

Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision North Long Beach (Nlb)

MLS Listing ID SB24220874

Sold Date 12/24/24

HOA Y/N No

Year Built 1960

Lot Size 5,854 Sqft

Property Description

725 E Artesia is a mixed use property in North Long Beach. Highlighted by 5 Apartment units and 1 Commercial space, this building is operating at an 8.27% Cap rate and $226/SF. The unit mix is comprised of (2) 3 Bed/1 Bath, (1) 2 Bed/1 Bath, (2) 1 Bed/1 Bath and (1) Commercial Space. The property was built in 1960 and is in a rapidly growing Long Beach Market

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBCCA

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Street Lights, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7115004003

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to New Loan

Special Listing Condition Standard

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LaKeshia Lindsey

lakeshiasellsrealestate@gmail.com +1(619) 746-0849

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
Bought with Melvin Ortiz • Circle Real Estate

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

350 W 5th Ave, Escondido, CA, 92025, USA

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