1034 Newport Ave
Long Beach, CA 90804 Eastside Long Beach

$1,675,000 USD

Apartments For Sale • 4,170 SF

Property Details

Property Type Apartments
Total Building Size 4,170 SF
Lot Size 0.14 AC
Building Class C
Year Built 1972
Zoning LBR4R

49 Transit Score

91 Walk Score

                
                    Highlights
                
                                Prime Long Beach location:  91 Walk Score, easy access to shopping, dining and recreational facilities
                            
                                Strong Investment Appeal: Attractive 4.31% CAP rate (actual) and potential for 18% rent upside
                            
                                Updated Units & Features: Three units recently remodeled with spacious layouts, individual water heaters, and electric-only utilities
                            
                                Ample Parking & Amenities: Includes three single-car garages, one two-car garage, onsite laundry and a fully gated, secure property