E Artesia BL Lot 13 Long Beach CA 90805 MLS #PW25250661

E Artesia BL Lot 13
Long Beach, CA, 90805
$1,475,000
Beds
0 Baths
0 SqFt
0.11 Acres
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MLS #PW25250661 image #0MLS #PW25250661 image #1MLS #PW25250661 image #2MLS #PW25250661 image #3MLS #PW25250661 image #4MLS #PW25250661 image #5
This offering is a great opportunity to acquire an asset with a desirable unit mix and 16 percent rental upside at a 6.69 percent current cap rate. 248 East Artesia Boulevard is a 1963 construction two-story building with five two-bed/one-bath and two one-bed/one-bath units that are separately metered for gas and electricity. The building features copper plumbing and also offers on-site laundry and five tuck-under parking spaces. 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. 248 East Artesia Boulevard is offered as part of a portfolio sale along with 228 East Artesia Boulevard, a six-unit building just six parcels away. Properties may be acquired separately or together.

Property Details

Price:
$1,475,000
MLS #:
PW25250661
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
9
Listed Date:
Oct 30, 2025
Total Sq Ft:
5,112
Lot Size:
4,851 sqft / 0.11 acres (approx)
Year Built:
1963
9

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Schools

Interior

Laundry Features
CM

Exterior

Community Features
URB
Parking Spots
5

Financial

Net Operating Income
$98,678

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Nov 07, 2025
431
Single Family Listed
48
Avg DOM
496
Avg $ / SqFt
$1,121,416
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, E Artesia BL Lot 13 Long Beach CA is a Single Family for sale in Long Beach, CA, 90805. It is listed for $1,475,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1963. The average price per square foot for Single Family listings in Long Beach is $496. The average listing price for Single Family in Long Beach is $1,121,416.

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E Artesia BL Lot 13
Long Beach, CA