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Listed by: Steven Bogoyevac (562) 257-1231 DRE #01332755 | Steven M. Bogoyevac, Broker (562) 436-5800
$1,175,000
3 Beds
2 Baths
--sqft
228 E Artesia Blvd, Long Beach, CA 90805
$1,175,000
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Mixed Use
Built in 1962
$-- HOA
4,936 sqft lot
--/sqft
Description
This offering is an excellent acquisition opportunity for any investor looking for a well-priced asset with remodeled interiors and upside potential: this building is listed at a 6.23% current cap rate and just $195,833 per unit, and current rents offer 16 percent rental upside. 228 East Artesia Boulevard is a two-story 1962 construction with two two-bed/one-bath and four one-bed/one-bath units that are separately metered for gas and electricity. The building is situated on a gated lot with six surface parking spaces, and the property also offers shared on-site laundry. Additionally, the roof was replaced just six years ago and the building features all copper plumbing. T...
Continue Reading- Houzeo last checked: 22 Minutes ago
- Listing updated: December 4, 2025 at 9:57 pm
- Source: California Regional MLS-CA | MLS#: PW25250729
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
- sqft
Lot Size
4,936 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25250729
MLS Status
Active
Days on Market
37
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