E Artesia BL Lot 8
Long Beach, CA, 90805
$1,175,000
Beds
0 Baths
0 SqFt
0.11 Acres
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MLS #PW25250729 image #0MLS #PW25250729 image #1MLS #PW25250729 image #2MLS #PW25250729 image #3
This offering is an excellent acquisition opportunity for any investor looking for a well-priced asset with remodeled interiors and upside potential: this building is listed at a 6.23% current cap rate and just $195,833 per unit, and current rents offer 16 percent rental upside. 228 East Artesia Boulevard is a two-story 1962 construction with two two-bed/one-bath and four one-bed/one-bath units that are separately metered for gas and electricity. The building is situated on a gated lot with six surface parking spaces, and the property also offers shared on-site laundry. Additionally, the roof was replaced just six years ago and the building features all copper plumbing. The property is located in North Long Beach proximate to the 91 and 710 Freeways and one block to Starr King Elementary. This area is a strong rental submarket with consistently low vacancy rates. 228 East Artesia Boulevard is offered as part of a portfolio sale along with 248 East Artesia Boulevard, a six-unit building just six parcels away. Properties may be acquired separately or together.

Property Details

Price:
$1,175,000
MLS #:
PW25250729
Status:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
9
Listed Date:
Oct 30, 2025
Total Sq Ft:
3,456
Lot Size:
4,936 sqft / 0.11 acres (approx)
Year Built:
1962
9

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Schools

Interior

Laundry Features
CM

Exterior

Community Features
URB
Parking Spots
6

Financial

Net Operating Income
$73,259

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Nov 01, 2025
418
Single Family Listed
38
Avg DOM
471
Avg $ / SqFt
$1,051,081
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, E Artesia BL Lot 8 Long Beach CA is a Single Family for sale in Long Beach, CA, 90805. It is listed for $1,175,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average price per square foot for Single Family listings in Long Beach is $471. The average listing price for Single Family in Long Beach is $1,051,081.

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