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Sold for $1,250,000 on 12/24/24
  • Listing Provided by: 

    Aaron Jacobson DRE #02100737 310-729-1559,

    Lyon Stahl Investment Real Estate, Inc.

    $1,250,000

    725 E Artesia Blvd, Long Beach, CA 90805

    --beds
    --baths
    5,522sqft
    Mixed Use
    Built in 1960
    -- sqft lot
    $1,227,700 Zestimate®
    $226/sqft
    $2,811 Estimated rent

    What's special

    725 E Artesia is a mixed use property in North Long Beach. Highlighted by 5 Apartment units and 1 Commercial space, this building is operating at an 8.27% Cap rate and $226/SF. The unit mix is comprised of (2) 3 Bed/1 Bath, (1) 2 Bed/1 Bath, (2) 1 Bed/1 Bath and (1) Commercial Space. The property was built in 1960 and is in a rapidly growing Long Beach Market

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 05:13pm

    Listing Provided by:

    Aaron Jacobson DRE #02100737 310-729-1559,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Melvin Ortiz, DRE #01897346

    Circle Real Estate

    Source: CRMLS,MLS#: SB24220874MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,522
    • Total interior livable area: 5,522 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 5,853 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7115004003
    • Zoning: LBCCA
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Street Lights, Urban
    Location
    • Region: Long Beach
    • Subdivision: North Long Beach (Nlb)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,227,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,227,700