8-unit apartment complex in Belmont Shore, CA
We recently appraised an 8-unit apartment complex located in the Belmont Shore area of Long Beach, Los Angeles County, California. Commercial appraisal Belmont Shore. The apartment complex was constructed in 1948 and 100% occupied. All of the units are townhouse style in configuration with interior stairs. The unit mix consists of 2 studio units, 4 one-bedroom units & 2 two-bedroom units. The average unit size was 640 SF. This apartment valuation was conducted for a regional financial institution.
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Bixby Appraisal Group is a provider of commercial and residential real estate appraisal services in Southern California. In the past 15 years, our firm appraised over 4,000 properties. We specialize in the valuation of apartments, retail, industrial, mixed-use, office, 2-4 units, condos, single family homes and vacant land. The firm is located in the Bixby Knolls section of Long Beach, California and service most areas of Los Angeles and Orange County. Our appraisers produce high-quality appraisal reports for lending, estate planning, trust, divorce, business partnership dissolution, and property tax assessment purposes. Clients include banks, attorneys, CPAs, government entities, brokers, owners and private investors.
The owner of Bixby Appraisal Group holds the Certified General Real Estate Appraiser license and is in compliance with all continuing education requirements with the Bureau of Real Estate Appraisers in the state of California. In addition, he holds the MAI Designation from the Appraisal Institute and CCIM Designation from the Certified Commercial Investment Member Institute.
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