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30 49th Street, Long Beach, CA 90805
Priced at Only: $3,450,000
For more Information Call Mobile: 714.478.6676
Address: 30 49th Street, Long Beach, CA 90805
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30 49th Street
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  • MLS#: PW25184626 ( Apartment )
  • Street Address: 30 49th Street
  • Viewed: 3
  • Price: $3,450,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90805
  • Subdivision: Bixby Knolls (bk)
  • Provided by: Keller Williams Realty Downey
  • Contact: Robert Robert
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    30 W. 49th Street is a 12 unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents. The controlled access building features mostly two bedroom units (11 of the 12) and a convenient one to one parking ratio. Additional income is generated from on site laundry facilities. Recent capital improvements include a new roof and new windows throughout, and SB 721 (Balcony Inspection) has been completed. Situated near the vibrant Bixby Knolls district, residents enjoy walkable access to dining, shopping, and entertainment, along with excellent connectivity to major transportation routes. Combining strong in place financial performance, a prime location, and well maintained condition, this asset offers investors immediate cash flow and long term appreciation potential in a desirable Long Beach submarket.
Features
Building Area Total
  1. 8692.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 3009.00
Fuel Expense
  1. 3009.00
Garage Spaces
  1. 12.00
Gardner Expense
  1. 1800.00
Insurance Expense
  1. 10000.00
Laundry Features
  1. Common Area
Lot Features
  1. 11-15 Units/Acre
Netoperatingincome
  1. 206035.00
Newtaxesexpense
  1. 44887.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Number Of Separate Water Meters
  1. 12
Otherexpense
  1. 3000.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 7133032048
Pest Control Expense
  1. 600.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 15077.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 445269838:CRM
Subdivision Name Other
  1. Bixby Knolls (BK)
Totalexpenses
  1. 95500.00
Trash Expense
  1. 3009.00
Water Sewer Expense
  1. 3009.00
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. LBR1N
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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