1701 Park Avenue

Long Beach, CA 90815
$3,100,000
1701 Park Avenue, a 9-unit multifamily investment property located in Long Beach, CA. 1701 Park Avenue offers a highly desirable mix consisting exclusively of two-bedroom units and amenities including garage and carport parking, as well as on-site laundry. 1701 Park Avenue is situated in the highly sought-after Park Estates neighborhoodRead MoreRead Less
Property listed by Marcus & Millichap RE Invest, Tyler Leeson 714-713-9086
Listing Snapshot
Days Online
46
Last Updated
Sep 7, 2024
Property Type
Apartment
Lot Size
0.2 Acres
Year Built
1961
MLS Number
OC24151346
Property Location Map
Additional Details
Building
Built in 1961, Building area total: 6,750, Levels: Two, 2 stories, 2 buildings, Common walls: NoCommonWalls
Community
Curbs, Gutters, Sidewalks
Expenses
Electric expense: $1,054, Fuel expense: $1,054, Insurance expense: $7,200, Maintenance expense: $6,750, New taxes expense: $38,573, Operating expense: $77,887, Trash expense: $1,054, Water sewer expense: $1,055, Other expense: $6,618
Garage
3 spaces
Income
Gross income: $299,418, Net operating income: $212,690
Laundry
CommonArea
Lot
0.2 acres, 8,712 square feet, Size: 0, StreetLevel
Parking
1 carport space, 4 totals parking
Pool
None
Property
Zoning: LBR4R
Sewer
PublicSewer
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Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 7, 2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.