228 E Artesia Boulevard, Long Beach, CA 90805

Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
228 E Artesia Boulevard,Long Beach, CA 90805
$1,175,000
  • - Beds
  • - Baths
  • 3,456 sq. ft.
  • Multi-family
  • Active
Listed by:steven bogoyevac
Office:steven m. bogoyevac, broker
MLS#:PW25250729
Source:CRMLS

Price summary

  • Price:$1,175,000
  • Price per sq. ft.:$339.99

About this home

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

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Home facts

  • Year built:1962
  • Listing ID #:PW25250729
  • Added:1 day(s) ago
  • Updated:October 31, 2025 at 02:32 AM

Rooms and interior

  • Living area:3,456 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:3,456 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,175,000
  • Price per sq. ft.:$339.99
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