$1,250,000
Sold

725 E Artesia Boulevard

Long Beach, CA 90805
0.13 acres | #SB24220874
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

Justin MillerReal Estate Group

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