1133 Ohio Avenue

    Long Beach, CA 90804
    • $2,495,000
    • STATUS: Active
    • ON SITE: 99 days
    • ID#: OC19268941
    UPDATED: 59 min ago
    $2,495,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,120
      SQFT
    • $408
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    1133 Ohio Avenue is an 8-unit multifamily investment property in Long Beach, one of the premier housing markets in Southern California. Located in Long Beach+GGs Zaferia Neighborhood, 1133 Ohio Avenue is centrally located less than two miles away from major Long Beach neighborhoods such as Downtown Long Beach, Junipero Beach, Signal Hill, and the Los Alamitos Traffic Circle. The 6,120 square foot property consists of 100% two-bedroom floor plans and offers gated entry, covered parking, and on-site laundry. Most of the units have been recently upgraded and now include new laminate wood flooring, stainless steel appliances, and granite countertops.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-28T17:32:45.147. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/101160836

    1133 Ohio Avenue Long Beach, CA 90804

    • Price: $2,495,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: OC19268941
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    6,120
    SQFT
    $408
    $/SQFT
    1986
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    1133 Ohio Avenue is an 8-unit multifamily investment property in Long Beach, one of the premier housing markets in Southern California. Located in Long Beach+GGs Zaferia Neighborhood, 1133 Ohio Avenue is centrally located less than two miles away from major Long Beach neighborhoods such as Downtown Long Beach, Junipero Beach, Signal Hill, and the Los Alamitos Traffic Circle. The 6,120 square foot property consists of 100% two-bedroom floor plans and offers gated entry, covered parking, and on-site laundry. Most of the units have been recently upgraded and now include new laminate wood flooring, stainless steel appliances, and granite countertops.
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 0.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Acres Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 1629.00 Elevation Units Feet Fuel Expense 1629.00 Gross Income 160260.00 Gross Operating Income 155488.00 Gross Scheduled Income 160260.00 Insurance Expense 2448.00 Land Lease YN No Laundry YN Yes Licenses Expense 1800.00 Maintenance Expense 4800.00 Net Operating Income 102118.00 New Construction YN No New Taxes Expense 31446.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 53370.00 Other Expense 3360.00 Other Expense Description Other Professional Management Expense 3000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 13255.00 Total Expenses 53370.00 Trash Expense 1629.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 1629.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-28T17:32:45.147. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    Claremont CA, 91711