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

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    737 5th Street, Long Beach, CA 90802
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    • MLS#: PW24229677 ( Apartment )
    • Street Address: 737 5th Street
    • Viewed: 7
    • Price: $4,500,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 0
    • Days On Market: 45
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90802
    • Provided by: Marcus & Millichap
    • Contact: Kevin Kevin
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are pleased to present a very well maintained 14 unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one bedroom units, 4 two bedroom units, and 6 two bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
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    Features
    Building Area Total
    1. 12412.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Electric Expense
    1. 2300.00
    Entry Location
    1. Front
    Fuel Expense
    1. 0.00
    Garage Rental Rate
    1. 205.00
    Garage Spaces
    1. 7.00
    Heating
    1. Natural Gas
    Insurance Expense
    1. 6500.00
    Laundry Equipment Own Lease
    1. Lease
    Laundry Features
    1. Community
    Laundry Income
    1. 520.00
    Levels
    1. Two
    2. Three Or More
    Lot Features
    1. 11-15 Units/Acre
    Netoperatingincome
    1. 252898.00
    Newtaxesexpense
    1. 55993.00
    Number Of Separate Electric Meters
    1. 14
    Number Of Separate Gas Meters
    1. 14
    Otherexpense
    1. 5032.00
    Otherexpensedescription
    1. Misc/Lau
    Otherincome1
    1. 1435.00
    Parcel Number
    1. 7281003019
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 9120.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    2. Septic Type Unknown
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 426820498:CRM
    Taxblock
    1. 50
    Totalactualrent
    1. 29161.00
    Totalexpenses
    1. 109292.00
    Trash Expense
    1. 3119.50
    Water Sewer Expense
    1. 10178.00
    Water Source
    1. Public
    Year Built
    1. 1964
    Year Built Source
    1. Assessor
    Zoning
    1. LBPD30
    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