Long Beach, CA 90813,219 W 9th St
Long Beach, CA 90813,219 W 9th St
Long Beach, CA 90813,219 W 9th St
26
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$2,400,000
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10 Beds
8 Baths
6,365 SqFt
Active

219 W 9th St Long Beach, CA 90813

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,365 sqft

Price per Sqft $377

MLS Listing ID 24-439201

Bedrooms 10

Year Built 1929

Lot Size 7,500 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

219 W. 9th Street is an eight-unit apartment community located near Downtown Long Beach, operating at a 6.18% cap rate and 11.42 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.

Location

State CA

County Los Angeles

Area Downtown Area, Alamitos Beach

Zoning LBCO

Interior

Laundry In Unit

Building

Story 2

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Dover Management Corp.

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agent

Zachary Frazier

Agent | RE.S.0174348

+1(405) 209-8885

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219 W 9th St