$1,250,000
$1,250,000
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725 E Artesia BLD Long Beach, CA 90805
5,853 Sqft Lot
Key Details
Sold Price $1,250,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB24220874
Sold Date 12/24/24
Originating Board California Regional MLS
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
Area 7 - North Long Beach
Interior
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7115004003
Special Listing Condition Not Applicable
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Bought with Melvin Ortiz