DRE #00338699
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1071 Junipero Avenue $5,250,000

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1071 Junipero Avenue Long Beach, CA 90804

  • 0 Beds
  • 0 Baths
  • 13,376 sq.ft.
  • Multi-Family
MLS# OC19154689 | Active
Days On Market: 52 1 Views
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Property Details

Built in 1987 and featuring all two bedroom two bath apartment units this well maintained property offers an investor the opportunity to own in one if the most dynamic cities in Southern California. With 2 separate parcel numbers and offering a high Capitalization Rate, while interest rates are at historic lows, allows for better leverage and a higher cash on cash return. The upstairs units have Cathedral Ceilings in the Living room and kitchen, 24 garage parking spaces are available, each unit has its own water heater (many less than 1.5 years old), and tenants pay for gas and electricity. Income shown is effective 9/1/19.

  • General Features
    • Number Of Separate Water Meters 2
    • Number Of Separate Electric Meters 18
    • Number Of Separate Gas Meters 18
    • Number Of Units Total 16
    • Year Built 1987
    • Subdivision Name Eastside (ES)
    • County Or Parish Los Angeles
    • Number Of Buildings 1
    • Community Features Urban
    • Association Fee 0.00
  • Building Features
    • Laundry Features Community
  • Property Features
    • Lot Size Acres 0.27
    • Lot Features 36-40 Units/Acre
    • Pool Private Y/N 0
    • Pool Features None
    • Parking Total 24.00

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Property History

Date Event Price Percent Change
-- Current Price Source New Value: $5,250,000
7/1/2019 11:48:00 AM New in Database Source

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Based on information from California Regional Multiple Listing Service, Inc. as of 8/22/2019 2:56:20 PM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.