623 E Broadway - Apartments FOR SALE
Long Beach, CA 90802 |
623 E Broadway
Long Beach, CA 90802
HIGHLIGHTS
- 12-Unit Building | 5,020 SF Total on a 3,308 SF Lot | $299/SF
- High Cap Rate & Attractive Cost Per Door | $125K/Unit | 6.92% Current CAP | 8.50 Current GRM
- 12 Studio Units
- Great Market Returns: 11.74% Market CAP | 5.94 Market GRM
- Attractive Cost Per Door: $125K/Unit
- Highly Walkable Location — Steps from the East Village Arts District, Alamitos Beach, Long Beach Convention Center, and Major Transit Lines
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
6020
STORIES
2
YEAR BUILT
1923
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
7281-014-017
