1495 Henderson Avenue
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 4,356 sqft lot
- 1925 build
- – on site
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1495 Henderson Avenue is a 5-unit multifamily investment opportunity located in Long Beach, CA. 1495 Henderson Avenue offers a mix of one and two-bedroom floor plans with amenities including security doors, gated pedestrian access, and four garage spaces. The property represents a unique value-add opportunity with ample upside. Long Beach’s continued strong rental metrics, including a 2022 vacancy rate of just 4 percent and year-over-year rent growth of 8.5 percent, provide a new owner with the opportunity to take advantage of the substantial demand for rental units in the area. With current rents well below market rates, new ownership could complete a comprehensive renovation of the units, allowing them to achieve significant rental premiums compared to non-renovated units. 1495 Henderson Avenue benefits from its excellent location, just North of Downtown Long Beach, providing residents with convenient access to an abundance of retail, dining, and entertainment options, as well as employers. Additionally, the property’s close proximity to Interstate 710 provides convenient access to the Port of Long Beach and the Port of Los Angeles, two of the busiest ports in the world and a major employment hub for the region. Furthermore, 1495 Henderson Avenue is within close proximity of all three levels of education.
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Last updated Mar 25, 2024
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MLS# OC24011071 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4132.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:First Floor
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Laundry:None
Location
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Directions:Cross Streets of Henderson Avenue & West 15th Street
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Latitude:33.78608200
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Longitude:-118.19746900
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR4N
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Lot Features:Level with Street
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Lot Size Area:0.1000
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Lot Size Acres:0.1000
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Lot Size SqFt:4356.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:A
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Tax Census Tract:5754.01
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Tax Tract:7518
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Tax Lot:10
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7269040009
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/25/24
Mar 25, 2024
|
Sold | CRMLS_CA | $1,050,000 | |
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2/8/24
Feb 8, 2024
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Pending | CRMLS_CA | $1,050,000 | |
|
1/18/24
Jan 18, 2024
|
Listed / Active | CRMLS_CA | $1,050,000 |
