Property · 2 recorded sales since 2018
Listing Agent: Aaron Jacobson (DRE #02100737) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-729-1559 · Bought with: Melvin Ortiz · Circle Real Estate · MLS #SB24220874 · Source: CRMLS
725 E Artesia is a mixed use property in North Long Beach. Highlighted by 5 Apartment units and 1 Commercial space, this building is operating at an 8.27% Cap rate and $226/SF. The unit mix is comprised of (2) 3 Bed/1 Bath, (1) 2 Bed/1 Bath, (2) 1 Bed/1 Bath and (1) Commercial Space. The property was built in 1960 and is in a rapidly growing Long Beach Market
Listing description from the December 2024 sale, as reported to CRMLS.