1044 E. Appleton Street,Long Beach, CA 90802
Year Build
Price
Current Cap Rate
Market Cap
Current GRM
Market GRM
25907 Oak Street | Lomita, CA 90717
Price per Unit
Tyler Leeson
Building Size
Number Of Units
Cap Rate
Total Lot Size
Year Built
Number Of Units
Year Built
1044 Appleton Street is an 15-unit investment asset in prime Alamitos Beach. The property is a classic 1920’s landmark building with six 1 BD/1 BA units and nine Studio units.
Six units have been renovated with new flooring, countertops, hardware, window coverings, ceiling fans and LED light fixtures. Exterior and common area renovations include a remodeled laundry room with new machines and new flooring in hallways and staircases. New landscaping includes installation of drought tolerant plants with drip irrigation and lighting.
The on-site laundry facilities and an art studio space provide additional building income.