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Image 1 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 2 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 3 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 4 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 5 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 6 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 7 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 8 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Image 9 - 743 Mars Court, Long Beach, CA 90813, USA - House for sale
Home For Sale In Long Beach, California
743 Mars Court, Long Beach, CA 90813, USA

Home For Sale In Long Beach, California

house for sale
Listed: 03/07/24

743 Mars Court, Long Beach, CA 90813, USA

32 Bed:
13 Bath:
9,679 Sq Ft Living Area:
Save
Price
$ 3,7M

About This House

736-742Olive is a 12-unit apartment building located in Long Beach, CA. The property is priced at a 6.0% cap rate and an11.56 GRMon current rents. Built in 1927, the property includes (2) studios, (1) 5BD/2BAunit, and (9) 3BD/1BAunits. Parking is available on-site with eight (8) garages and eight (8) surface spaces. The majority of the units have been updated with new flooring, paint and countertops. New ownership can generate additional upside by converting garages to ADUs, without losing surface parking in the interior courtyards. With a 91 Walk Score, the asset is well located near vibrant Downtown Long Beach and Alamitos Beach.

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Long Beach Housing & Living

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.