1805 E Wardlow Road Long Beach, CA 90807

240179987 33.819202 -118.169075 124 /listing/240179987-150162921/1805-e-wardlow-road-long-beach-ca-90807 False 0 8575000.0 105 OC19120012 False
$8,575,000
  • 0.46 lot
  • Est payment $46032.45/mo

Property & Neighborhood Info

Courtesy Of Tyler Leeson, Marcus & Millichap RE Invest

Multi-Family in Long Beach

1805 East Wardlow Road is a renovated, 26-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. Specifically, the property is in the historic neighborhood of California Heights and directly adjacent to the vibrant Bixby Knolls district. Fully renovated in 2017-2018, the property offers investors an exceptionally well-appointed building within one of the strongest submarkets in the city. The 18,557 square foot property consists of one- and two-bedroom floor plans. Originally built in 1965, 1805 East Wardlow Road offers amenities including a communal courtyard, on-site leasing office, custom barbecues, individual garage parking, on-site laundry facilities, controlled access, ceiling fans, hardwood floors, and more.

Courtesy Of Tyler Leeson, Marcus & Millichap RE Invest
  1. 0.46 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1965
  • Garage: 29.0
  • County: Los Angeles
  • Units: 26
  • Zoning: LBR4N
  • Subdivision: California Heights (Ch)
  • MLS Number:OC19120012

Additional Features

  • Laundry:
    • Community
  • Common Walls:
    • No Common Walls
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Corner Lot
    • Landscaped
  • Pool Features:
    • None
  • Parking Spaces:
    • 29.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Sidewalks
    • Street Lights
  • Number of Buildings:
    • 1
  • Gross Income:
    • 605333.00
  • Net Operating Income:
    • 392625.00
  • CDOM:
    • 59
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 3443.00
  • Gross Operating Income:
    • 588712.00
  • Insurance Expense:
    • 9100.00
  • Lot Size Acres:
    • 0.4600
  • Lot Size Area:
    • 0.4600
  • Lot Size Square Feet:
    • 20037.60
  • Maintenance Exp:
    • 13000.00
  • Number Of Units Leased:
    • 26
  • Operating Expense:
    • 196087.00
  • Price Per SQFT:
    • 462.09
  • Tax ID:
    • 7147024026
  • Total Expenses:
    • 196087.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Jeffrey Hallin
Jeffrey Hallin
Associate
(949) 371-9802
Request More Info

1805 E Wardlow Road Long Beach, CA 90807

240179987 33.819202 -118.169075 124 /listing/240179987-150162921/1805-e-wardlow-road-long-beach-ca-90807 False 0 8575000.0 105 OC19120012 False
  • $8,575,000
  • 0.46 lot
  • Est payment $46032.45/mo