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219 West 9th Street

Long Beach CA 90813

10
8
13
6365 sq. ft.
7500 sq. ft.
Other
Currently for sale - view listing

Overview

219 W. 9th Street is an eight-unit apartment community located near Downtown Long Beach, operating at a 6.18% cap rate and 11.42 GRM . The property is comprised of three buildings on a 7,500 square foot lot.The property consists of five units constructed in 1983 and three original units built in 1929. 219 W. 9th Street has a varied unit mix of: two Junior 1BD/1BA, three 1BD/1BA, one 2BD/2BA, and two 3BD/1BA. Six of these units have been upgraded with high-end finishes, including in-unit washer/dryers, new cabinets, countertops, and dishwashers.The property completed several capital upgrades, including a new roof on the front building, partially updated electrical and plumbing systems, and new windows were installed in the renovated units.The asset boasts a total of 13 parking spaces, seven (7) garages and six (6) surface spaces. The garages may potentially be converted to ADUs for additional income.

Features

10 bedrooms
8 bathrooms
13 carspaces
6365 sq. ft. floor area
7500 sq. ft. lot size
Other

Property history for 219 West 9th Street

2020
Sold
$1,795,000
19 May 2020 by Robert Stepp, of Keller Williams Pacific Estate

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Local market activity for 10 bedroom other properties in Long Beach

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