Home | Los Angeles County | Long Beach | 90805 | 245 E Artesia
MLS: CRPW26138649 | Status: | Price: $1,695,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,388 | 1968 |
245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stabilit
| Field | Value |
|---|---|
| MLS # | CRPW26138649 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Appliances | Dryer, Washer |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 7 Car(s) |
Robert Stepp
Keller Williams Realty Downey
License #: 01456379
Phone: (310) 774-3740
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| King Elementary School | public | K-5 | 0.19 mi | 4 |
| Powell Academy For Success | public | K-8 | 0.81 mi | 4 |
| Jordan High School | public | 9-12 | 0.90 mi | 3 |
| Kelly Elementary School | public | K-8 | 0.95 mi | 8 |
| Emerson Elementary School | public | K-8 | 1.04 mi | 5 |
| Compton High School | public | 9-12 | 1.12 mi | 5 |
| Hamilton Middle School | public | 6-8 | 1.16 mi | 4 |
| Grant Elementary School | public | K-5 | 1.30 mi | 4 |
| Addams Elementary School | public | K-5 | 1.57 mi | 5 |
| Cesar Chavez Continuation High School | public | 9-12 | 1.63 mi | 2 |
| Dominguez High School | public | 9-12 | 1.63 mi | 6 |
| Thurgood Marshall School | public | K-12 | 1.63 mi | 2 |
| Frank J. Zamboni School | public | 6-8 | 1.65 mi | 6 |
| Mark Keppel School | public | K-5 | 1.67 mi | 4 |
| Clinton, William Jefferson School | public | K-8 | 1.68 mi | 9 |
| Leona Jackson School | public | 6-8 | 1.68 mi | 6 |
| Lindbergh Middle School | public | 6-8 | 1.76 mi | 4 |
| Wesley Gaines School | public | K-5 | 1.81 mi | 6 |
| Roosevelt Elementary School | public | K-8 | 1.84 mi | 4 |
| Robert F. Kennedy Elementary School | public | K-8 | 1.84 mi | 7 |
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This listing information is up-to-date as of July 01, 2026. For the most current information, please contact Robert Stepp, (310) 774-3740.