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.
Property Details
Price:
$2,400,000
MLS #:
24444813
Status:
Active
Baths:
0
Address:
219 W 9th Street
Type:
Residential Income
Neighborhood:
4downtownareaalamitosbeach
City:
Long Beach
Listed Date:
Sep 1, 2024
State:
CA
ZIP:
90813
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1929
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Parking Features
Parking Space, Gated
Parking Spots
13.00
Stories Total
2
Financial
Map
Community
- Address219 W 9th Street Long Beach CA
- Area4 – Downtown Area, Alamitos Beach
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Similar Listings Nearby
- 2619 Chestnut Avenue
Long Beach, CA$2,999,000
1.86 miles away
- 19 Laguna Place
Long Beach, CA$2,995,000
4.25 miles away
- 2018 Locust Avenue
Long Beach, CA$2,849,000
1.12 miles away
- 5267 E Ocean Boulevard
Long Beach, CA$2,847,000
3.67 miles away
- 310 W 8th Street
Long Beach, CA$2,799,000
0.13 miles away
- 1135 E Appleton Street
Long Beach, CA$2,795,000
1.12 miles away
- 1048 E 5th Street
Long Beach, CA$2,750,000
0.96 miles away
- 20 Roycroft Avenue
Long Beach, CA$2,700,000
3.35 miles away
- 1360 Euclid Avenue
Long Beach, CA$2,650,000
2.63 miles away
- 1001 E 1st Street
Long Beach, CA$2,650,000
1.07 miles away

219 W 9th Street
Long Beach, CA
LIGHTBOX-IMAGES