3551 Denver Ave, Long Beach, CA 90810
MULTI_FAMILY - Long Beach, CA
Property Features for 3551 Denver Ave
General Information
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
Outside, the duplex includes a detached three-car garage, a long driveway for additional off-street parking, and a rear green space. Built in 1939, the property is zoned LBR1N and offers convenient access to the 710 and 405 freeways. Long-term tenants are already in place.
The layout, updates, and separate unit amenities make this duplex a practical option for buyers looking for established tenancy with functional, move-in-ready interiors.
Key Highlights
- Duplex with two units, each 2 bedrooms and 1 bathroom
- 1,466 square feet of living space on a 4,932 square foot lot
- 0.1132 acres, zoned LBR1N
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $32.40 |
| − Vacancy | −$2.5k | −$1.68 |
| EGI | $45.0k | $30.72 |
| − OpEx | −$13.5k | −$9.21 |
| NOI | $31.5k | $21.50 |
Alternative Uses
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Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 90810, CA
Market
Vacancy Rate% for Multifamily in West region