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Jacinta Martinez

jacintamartinezrealtor@gmail.com +1(678) 656-0167

$ 2,400,000

Est. payment -/mo

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Active

219 W 9th St Long Beach, CA 90813

10 Beds

8 Baths

6,365 SqFt

UPDATED:

12/30/2024 07:30 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,365 sqft

Price per Sqft $377

MLS Listing ID 24-439201

Bedrooms 10

Year Built 1929

Lot Size 7,500 Sqft

Acres 0.1722

Property Description

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.

Location

State CA

County Los Angeles

Area Downtown Area, Alamitos Beach

Zoning LBCO

Interior

Laundry In Unit

Building

Story 2

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dover Management Corp.

Jacinta Martinez

Agent | License ID: 406100

+1(678) 656-0167

Jacinta Martinez

219 W 9th St Long Beach, CA 90813

Key Details

Location

Interior

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219 W 9th St