228 E Artesia Boulevard, Long Beach, CA 90805

Local realty services provided by:ERA North Orange County Real Estate
228 E Artesia Boulevard,Long Beach, CA 90805
$1,175,000
  • - Beds
  • - Baths
  • 3,456 sq. ft.
  • Multi-family
  • Active
Listed by:steven bogoyevac
Office:steven m. bogoyevac, broker
MLS#:PW25250729
Source:CRMLS

Price summary

  • Price:$1,175,000
  • Price per sq. ft.:$339.99

About this home

This offering is an excellent acquisition opportunity for any investor looking for a well-priced asset with remodeled interiors and upside potential: this building is listed at a 6.23% current cap rate and just $195,833 per unit, and current rents offer 16 percent rental upside. 228 East Artesia Boulevard is a two-story 1962 construction with two two-bed/one-bath and four one-bed/one-bath units that are separately metered for gas and electricity. The building is situated on a gated lot with six surface parking spaces, and the property also offers shared on-site laundry. Additionally, the roof was replaced just six years ago and the building features all copper plumbing. 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. 228 East Artesia Boulevard is offered as part of a portfolio sale along with 248 East Artesia Boulevard, a six-unit

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Home facts

  • Year built:1962
  • Listing ID #:PW25250729
  • Added:1 day(s) ago
  • Updated:November 01, 2025 at 01:22 PM

Rooms and interior

  • Living area:3,456 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:3,456 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,175,000
  • Price per sq. ft.:$339.99
Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.

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