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Listed by: Steven Bogoyevac (562) 257-1231 DRE #01332755 | Steven M. Bogoyevac, Broker (562) 436-5800
$1,475,000
3 Beds
2 Baths
--sqft
248 E Artesia Blvd, Long Beach, CA 90805
$1,475,000
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Mixed Use
Built in 1963
$-- HOA
4,851 sqft lot
--/sqft
Description
This offering is a great opportunity to acquire an asset with a desirable unit mix and 16 percent rental upside at a 6.69 percent current cap rate. 248 East Artesia Boulevard is a 1963 construction two-story building with five two-bed/one-bath and two one-bed/one-bath units that are separately metered for gas and electricity. The building features copper plumbing and also offers on-site laundry and five tuck-under parking spaces. The property is located in North Long Beach proximate to the 91 and 710 Freeways and one block to Starr King Elementary. This area is a strong rental submarket with consistently low vacancy rates. 248 East Artesia Boulevard is offered as part of ...
Continue Reading- Houzeo last checked: 44 Minutes ago
- Listing updated: December 4, 2025 at 9:57 pm
- Source: California Regional MLS-CA | MLS#: PW25250661
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
4,851 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25250661
MLS Status
Active
Days on Market
35
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