1545 Obispo Avenue

Long Beach, CA 90804
Property listed by Marcus & Millichap RE Invest, Tyler Leeson [email protected]
$2,500,000
1545 Obispo Avenue is a turnkey 8-unit multifamily investment opportunity located in the highly desirable Eastside submarket of Long Beach. The property features a rare 100% two-bedroom, one-bathroom unit mix, with all interiors renovated to a consistent, modern standard. Upgrades include quartz countertops, shaker-style cabinetry, vinyl plank flooring, stainless steelRead MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1963
MLS Number
OC26051553
Property Location Map
Additional Details
Building
Built in 1963, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: First level
Community
Biking, Gutters, StreetLights, Sidewalks
Expenses
Electric: $3,450, Fuel: $3,450, Insurance: $12,000, Maintenance: $8,000, Operating: $83,519, Trash: $3,450, Water/Sewer: $3,450
Garage
1 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $229,099, Gross ScheduledIncome: $223,200, Net Operating Income: $138,884
Laundry
CommonArea
Lot
0.15 acres, StreetLevel
Parking
10 open parking spaces, 11 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7259027024, Tax Block: 1, Lot: 12
Utilities
Water Source: Public, 8 separate electric meters, 8 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.