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219-223 W 9th St
Long Beach, CA 90813 Downtown Long Beach

$2,400,000 USD

Apartments For Sale  •  6,365 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,365 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1929
  • Zoning CH, Long Beach
70 Transit Score
91 Walk Score

Highlights

Priced at a 6.18% CAP rate & 12.42 GRM on current rents, and can be stabilized at a 6.89% CAP rate and 11.42 GRM without addition of ADUs
Five (5) Units Built in 1983
Six (6) Units Upgraded with High-End Finishes
Multiple Capital Improvements
Over-parked with 13 Parking Spaces (7 Garages and 6 Surface Spaces)
Garages May Be Able to Be Converted to ADUs

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Fenced Lot
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Gated
  • Ceiling Fans
  • Kitchen
  • Walk-Up

Public Transportation

Transit/SubwayDriveWalkDistance
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 7 min 0.4 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 9 min 0.5 mi
5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 10 min 0.5 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 mi
1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 16 min 0.9 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 11 min - 4.9 mi
John Wayne/Orange County 32 min - 21.7 mi
Los Angeles International 31 min - 21.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
John Alden 310-387-3489 Dover Management Corporation
John Alden 310-387-3489 Dover Management Corporation