Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    2223 Myrtle Avenue, Long Beach, CA 90806
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    2223 Myrtle Avenue
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    • MLS#: OC24121701 ( Apartment )
    • Street Address: 2223 Myrtle Avenue
    • Viewed: 13
    • Price: $3,595,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1959
    • Bldg sqft: 0
    • Days On Market: 237
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90806
    • Subdivision: Other (othr)
    • Provided by: Mike Marcu, Broker
    • Contact: Mike Mike
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    • Description
      the opportunity to acquire 2223 Mrytle, a 14 unit secured access community located in Long Beach, California. The property has recently undergone significant renovations. Exterior upgrades include new windows, new paint, new garage door hardware, lighting, security gates, intercom system, stairway upgrades and a fresh slurry and stripped parking lot, along with professional landscaping upgrades. Interior kitchen upgrades include new custom cabinets and hardware, modern quartz counter tops, new stainless steel appliances (including refrigerator, dishwasher, microwave, and stoves), new sinks, and custom facets. Bathroom upgrades include new custom cabinets and counter tops, new bathtubs, and custom tile enclosures. Flooring and custom lighting is new throughout the interior. Upstairs units have vaulted ceilings, creating a spacious feel. The buildings electrical system has new subpanels, each unit has an individual water heater and tenant pay they own gas and electricity. A RUBS system has been initiated for water and sewer expenses. Every living room and bedroom has a newer a/c unit. The property is located within a walkable distance to many nearby points of interest such as Long Beach City College, MLK Jr. Park, and PCH. This prime location, when paired with the high quality renovations allow 2223 Mrytle to easily capitalize on a large potential tenant base and strong local economy.
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    Features
    Association Fee
    1. 0.00
    Building Area Total
    1. 8632.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 1 Common Wall
    Country
    1. US
    Days On Market
    1. 358
    Electric Expense
    1. 3325.00
    Entry Location
    1. 1st & 2nd Floor
    Fuel Expense
    1. 1000.00
    Garage Spaces
    1. 3.00
    Gardner Expense
    1. 1200.00
    Insurance Expense
    1. 8374.00
    Laundry Equipment Own Lease
    1. Lease
    Laundry Features
    1. Common Area
    Laundry Income
    1. 924.00
    Levels
    1. Two
    Lot Features
    1. 36-40 Units/Acre
    2. Landscaped
    Netoperatingincome
    1. 215936.00
    Newtaxesexpense
    1. 47312.00
    Number Of Separate Electric Meters
    1. 15
    Number Of Separate Gas Meters
    1. 15
    Number With Disposal
    1. 14
    Number With Range
    1. 14
    Number Wit Hrefrigerator
    1. 14
    Otherexpense
    1. 3805.00
    Otherexpensedescription
    1. Admin.
    Otherincome1
    1. 2400.00
    Otherincome2
    1. 3072.00
    Otherincomedescription
    1. RUBS
    2. Pet Rent
    3. Misc.
    Parcel Number
    1. 7211014032
    Parking Features
    1. None
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 15946.00
    Property Type
    1. Apartment
    Roof
    1. Asphalt
    Security Features
    1. Gated Community
    Sewer
    1. Sewer Paid
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 416975007:CRM
    Subdivision Name Other
    1. none
    Tenant Pays
    1. Cable TV
    2. Electricity
    3. Gas
    Totalexpenses
    1. 94301.00
    Trash Expense
    1. 443.00
    Uncovered Spaces
    1. 8.00
    Vacancyallowance
    1. 9335
    Views
    1. 13
    Water Sewer Expense
    1. 5389.00
    Water Source
    1. Public
    Year Built
    1. 1959
    Year Built Source
    1. Assessor
    Zoning
    1. LBR1N
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836