Five-Unit Apartment Building with
For Sale
$1,425,000
Pending
414 E 61st, Long Beach, CA 90805
Five-unit apartment building with two-bedroom units and six garages.
Days on Market101
Property Features for 414 E 61st
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
Keller Williams Realty N. Tustin
(714) 606-4555
Listed By:
Erik Messinger · License #01006531
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 10:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty N. Tustin
Investment Insights
Based on property information with market context.
This is a five-unit apartment building featuring large two-bedroom units and six garages. The property includes onsite laundry facilities with owned machines. The renters are primarily section-8 recipients, and current lease rates are below market value. Recent upgrades and capital improvements have been completed. The large lot offers the potential to add additional units. The location has a bike score of 55, indicating it is bikeable, a walk score of 75, indicating it is very walkable, and a transit score of 50, indicating good transit options.
Key Highlights
- Large lot offers potential to add units.
- 5‑unit apartment building with all large two‑bedroom units.
- Six garages included.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,156
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building with two-bedroom units and six garages.
Where is this apartment building located?
The property is located at 414 E 61st Long Beach, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Large lot offers potential to add units.; 5‑unit apartment building with all large two‑bedroom units.; Six garages included.