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Additional details
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$1,250,000
Est. payment /mo
5,522 SqFt
UPDATED:
12/18/2024 02:47 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,522 sqft
Price per Sqft $226
MLS Listing ID CRSB24220874
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1960
Lot Size 5,853 Sqft
Property Description
725 E Artesia is a mixed use property in North Long Beach. Highlighted by 5 Apartment units and 1 Commercial space, this building is operating at an 8.27% Cap rate and $226/SF. The unit mix is comprised of (2) 3 Bed/1 Bath, (1) 2 Bed/1 Bath, (2) 1 Bed/1 Bath and (1) Commercial Space. The property was built in 1960 and is in a rapidly growing Long Beach Market
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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