5-Unit Apartment Building with ADU
For Sale
$1,695,000
245 E Artesia, Long Beach, CA 90805
Long Beach, CA
Property SizeContact for details
Lot Size0.17 Acres
Days on Market55
Property Features for 245 E Artesia
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Laundry Room, Bedroom 4
Parking
7
Subdivision
North Long Beach (NLB)
Lot features
2-5 Units/ Acre
Directions
Off Long Beach Blvd
Standard status
Active
APN
7303013039
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
on-site laundry
Building Details
Year built
1968
Floors in Building
2
Number of units
5
Listing Agency:
Keller Williams Realty Downey
(562) 334-1500
Listed By:
Robert Stepp · License #01456379
(310) 463-2916
Added: Jul 1
Changed: Aug 24
Last Checked: Aug 24 at 4:06PM
MLS# PW26138649
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Investment Insights
Based on property information with market context.
This 5-unit multifamily property includes one 3BD/2BA residence and four 2BD/2BA residences, with units averaging approximately 1,287 square feet. The 3BD/2BA floorplan includes high beam ceilings and an in-unit washer and dryer. Interior updates include flooring and paint throughout, while the roof is approximately three years old and portions of the electrical system have been upgraded. Owned laundry machines provide an additional on-site amenity, and seven garages offer parking and income-producing utility.
Approved plans call for two 2BD/1.5BA ADU units, adding a defined expansion component to the existing property. The 0.1696-acre site is served by public water and public sewer. Built in 1968, the property is located at 245 E Artesia in Long Beach, with access to the 710, 91, 105, and 405 Freeways, Long Beach Airport, retail corridors, dining, and neighborhood services.
Approved plans call for two 2BD/1.5BA ADU units, adding a defined expansion component to the existing property. The 0.1696-acre site is served by public water and public sewer. Built in 1968, the property is located at 245 E Artesia in Long Beach, with access to the 710, 91, 105, and 405 Freeways, Long Beach Airport, retail corridors, dining, and neighborhood services.
Key Highlights
- 5‑unit configuration with one 3BD/2BA and four 2BD/2BA residences
- Approved plans for two 2BD/1.5BA ADU units
- Units average approximately 1,287 square feet
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated multifamily property with larger floorplans, seven garages, and approved plans for two additional units.
Where is this apartment building located?
The property is located at 245 E Artesia Long Beach, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 5‑unit configuration with one 3BD/2BA and four 2BD/2BA residences; Approved plans for two 2BD/1.5BA ADU units; Units average approximately 1,287 square feet
