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5711 E 2nd St
Long Beach, CA 90803 Belmont Shore

$2,795,000 USD

Apartments For Sale  •  3,628 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,628 SF
  • Lot Size 0.08 AC
  • Building Class C
  • Year Built 1952
  • Cap Rate 3.77 %
  • Zoning R2S
40 Transit Score
80 Walk Score

Highlights

Prime Naples Island Location - On the 2nd Street Corridor, Steps to Restaurants & Shops
Approx. 21% Rental Upside to Market
Seven 1-Bedroom Units & One 2-Bedroom Unit
All Units But One Renovated
Updated Electrical, Laundry Room & New Roof Work (2017/2024)
Master-Metered Gas & Electric (No RUBS Program in Place)
Cap Rate: 3.77 %

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 13 min - 7.6 mi
John Wayne/Orange County 24 min - 17.0 mi
Los Angeles International 37 min - 26.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Chris Walker 714-801-0173 Triqor Group
Chris Walker 714-801-0173 Triqor Group