2931 E 65th

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2931 E 65th

Long Beach, CA 90805
Asking Price
$675K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building located in Long Beach California
  • Asset features a two unit apartment configuration
  • The property is currently listed at 675000 dollars
  • Situated within the accessible 90805 zip code area
  • Well suited for residential investment or owner occupancy

What's Special

The North Long Beach submarket maintains a steady demand for residential housing, supported by its proximity to major transportation corridors and the greater Los Angeles metropolitan area. This multifamily apartment building, situated at 2931 E 65th, provides a practical investment vehicle within a densely populated urban setting. The property consists of two units, making it suitable for investors seeking a smaller-scale residential holding or an owner-occupant looking to generate income from an adjacent unit. Given the regional emphasis on densification and rental housing, this asset class remains a fundamental component of the local real estate landscape. Long Beach continues to experience consistent interest from tenants who prioritize access to coastal amenities and regional employment hubs, reinforcing the long-term utility of well-positioned residential properties. Investors looking to expand their footprint in this coastal city will find this duplex to be a straightforward addition to an existing portfolio focused on steady, multi-unit income streams.

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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62

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