219 W 9th Street Long Beach, CA 90813
219 W. 9th Street is an eight-unit apartment community located near Downtown Long Beach, operating at a 5.60% cap rate and 12.42 GRM . The property is comprised of three buildings on a 7, 500 square foot lot.The property consists of five units constructed in 1983 and three original units built in 1929. 219 W. 9th Street has a varied unit mix of: two Junior 1BD/1BA, three 1BD/1BA, one 2BD/2BA, and two 3BD/1BA. Six of these units have been upgraded with high-end finishes, including in-unit washer/dryers, new cabinets, countertops, and dishwashers.The property completed several capital upgrades, including a new roof on the front building, partially updated electrical and plumbing systems, and new windows were installed in the renovated units.The asset boasts a total of 13 parking spaces, seven (7) garages and six (6) surface spaces. The garages may potentially be converted to ADUs for additional income.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site2 Days
- MLS StatusActive
- MLS ID Number24444813
- Home Size Source N/A
- Year Built1929
- Lot Size0.1722 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Parking SpaceGated
- Parking Spaces 13
- Number of Stories 22
- Acreage 0.1722
- Zoning LBCO
- Listing Conditions Standard
Interior Features
- Laundry Features Washer IncludedDryer Included
Community Features
- Senior Community No
- MLS Area 4 - Downtown Area, Alamitos Beach