725 Artesia Blvd Long Beach, CA 90805-1400
Property profile & analytics
725 Artesia Blvd Long Beach, CA 90805-1400
- Investment properties
- 5,522 SF
- 0.13 lot acres
Property ID
US09-6353105
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 725 Artesia Blvd
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 5,522 SF
- Zone code
- LBCCA
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 7115-004-003
- APU
- 7115004003
Description
This Long Beach, CA multifamily investment opportunity presents a 6-unit apartment building with a retail storefront, totaling 5,522 square feet on a 5,853 square foot lot. Built in 1960, the two-story wood-frame and stucco structure boasts a mix of one-, two-, and three-bedroom units, all currently occupied, ensuring immediate cash flow. The property features rear alley parking for residents and prime retail exposure on Artesia Blvd. Located south of the 91 freeway and near the 710, it offers excellent accessibility. The LBCCA zoning allows for both commercial and multifamily use. The asking price is $1,250,000, representing $208,333 per unit and $226 per square foot. The property offers an 8.27% cap rate and a pro-forma cap rate of 13.00%. This presents a strong investment opportunity in a thriving Long Beach market with high rental demand and significant potential for appreciation. The building's diversified revenue streams, from both residential and retail tenants, contribute to its financial stability and long-term value. The location provides tenants with easy access to major transportation routes, further enhancing the property's appeal. This is an exceptional opportunity to acquire a well-located, income-producing asset in a desirable and growing area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,170,000
- 7%
- $1,090,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,014,000
Market price range: $472k - $1.40M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $975,000 Current use
- AUTO REPAIR, GARAGE
- $1,745,000 Change: +79% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,535,000 Change: +57% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.183
- Latitude
- 33.8749
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,556
$514,012
$328,093
$842,105
-
$0.00
$0.00
$0.00
