3371 E Andy

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3371 E Andy

Long Beach, CA 90805
Asking Price
$1.40M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit residential apartment building available for purchase
  • Asset listed with an asking price of 1,395,000
  • Located in the city of Long Beach, California
  • Property situated within the 90805 postal code area
  • Multifamily investment asset offering four total units

What's Special

Priced at 1,395,000, this multifamily apartment building located at 3371 E Andy represents a functional acquisition in the Long Beach real estate market. The property consists of four residential units. Situated in the 90805 zip code, the asset benefits from its position within a major Southern California coastal city known for its dense population, active port, and diverse economic base. Investors looking to expand their residential holdings will find this building well-suited for traditional rental operations. The asset supports consistent demand within a suburban-urban mix that attracts professionals and families seeking proximity to the broader Los Angeles metro area's employment centers. Given the current configuration of four units, this property functions as a manageable investment vehicle for those focused on portfolio growth in an established rental market. The surrounding area offers proximity to major transportation arteries, facilitating connectivity throughout the region while maintaining a local community feel.

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NOI
$80,000
Cap Rate
5.73%
DSCR
0.97
Underwater
Cash-on-Cash
-0.67%
Monthly Payment
$6,901.699
Annual Cash Flow
$-2,820.386

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