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
See this Listing
Schools
Interior
Laundry Features
CM
Exterior
Community Features
URB
Parking Spots
6
Financial
Map
Community
- AddressE Artesia BL Lot 8 Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Park BP
- Belmont Shore
- Belmont Shore BSD
- Bixby Knolls BK
- Bixby Riviera BBR
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cedarhurst Apartments CDH
- Circle CA
- College Park CPZ
- College Park Estates CPS
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club manor CCM
- Country Club Villa CCV
- Crown Pointe CPT
- D\’Orleans DOR
- Downtown DT
- Eastside ES
- El Capitan ELC
- Eldorado ELD
- Genesis GNS
- Hacienda Heights HHT
- International Towers ITT
- Island Village ISV
- La Marina Estates
- Lafayette Building LF
- Lakewood City/Long Beach LCB
- Lakewood Mutuals LKMU
- Lakewood Village LKVL
- Lakewood Village LVD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Mystic Cove MC
- Naples NA
- New Bixby NB
- North Long Beach
- North Long Beach NLB
- Ocean House OCH
- Ocean Terrace OCT
- Pacific Shores PCS
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Pine Villas PVL
- Plaza North of Spring PZN
- Plaza South of Spring PZS
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- South of Conant Northwest SNW
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- Stratford Square SQQ
- The Galaxy Towers TGT
- The Lakes TLK
- Villa Riviera VLR
- Virginia Country Club VCC
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
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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E Artesia BL Lot 8
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