Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned.
Huge Price Reduction! Bring All Offers -Welcome to The Louis - Priced at an in-place 6.03% cap rate, the Louis iis a full renovated 12 unit apartment complex located in the heart of Long Beach, CA. This well-maintained property is comprised of (2) spacious 2-bedroom/1-bath units and (10) 1-bedroom/1-bath units, all of which were extensively remodeled with permits in 2019.
Turnkey 7 unit asset featuring Four (4), 3-Bedroom / 1-Bath units (1,093 square feet each), 3-Bedroom / 1 Bath Detached House, (1) 1 Bedroom/1 Bath and (1) Studio. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (7) Single-Car Garages, and one private uncovered driveway space.
636 Linden Avenue is a 20-unit apartment asset located in vibrant East Village Arts District, Downtown Long Beach. The asset is priced at just $167,500 per unit, 9.71 GRM and 6.16% cap rate at current rents.
The property is comprised of all studio units, with 17 of the 20 units fully renovated with new flooring and upgraded kitchens and baths.
30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents.
The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities.
1717 Ocean Boulevard, Long Beach, California 90802
6Picture(s)
4,712Sqft
8,269Lot Sqft
Pleased to present the opportunity to acquire The Ocean Blvd Fourplex, a 4 unit apartment building located in the Alamitos Beach area of Long Beach, CA. The property offers an excellent mix of units including (4) large 2 bedroom 1 bath units each facing the ocean with 6 detached garages, a rare benefit in coastal Long Beach.
Located in the heart of Long Beach, 15 unit apartment building majority 2 bedrooms (10) and five 1 bedrooms. This building offers a prime investment opportunity with upside in rents. With a diverse pool of tenant base looking for affordable housing there's sure to be a stream of renters.
6064 Atlantic Avenue, Long Beach, California 90805
20Picture(s)
6,966Sqft
9,180Lot Sqft
Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 6.5% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 9.7% Cap Rate, 8 GRM, and 217k/unit after taking into account all construction costs (~660k assuming $200/SF).
This updated 16-unit apartment community is now fully occupied and boasts a current CAP rate of 6.51%. All units have 2-bed, 1-bath floor plans. Nine of the 16 units were recently renovated – four of which were partially updated, and the other five were remodeled top-to-bottom with new paint, flooring, lighting, and brand new kitchen and bathroom finishes.
1850 Gardenia Avenue, Long Beach, California 90806
17Picture(s)
12,700Sqft
12,887Lot Sqft
Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 6.05% CAP Rate and a 10.58 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area.
Invest in Long Beach near Bixby Knolls and own this updated 16-unit apartment community. Composed of a desirable unit mix of all 2-bed, 1-bath units across two buildings with a courtyard in between, this property boasts a scheduled CAP rate of 5.58% at 100% occupancy. One unit is currently vacant. Fourteen of 15 existing leases are month-to-month.
Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area without Rent Control. Recent improvements include remodeled units in 2021 and an upgraded 15-space parking garage. The building comprises 10 spacious two-bedroom, condo-style apartments, each featuring bright and airy interiors.
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