$3,000,000
Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.
Listed by DARREN CORREA with LE INVESTMENT GROUP (909) 256-7889
Property Type
Apartment
Status
Active
MLS Number
IV26048033
Year Built
1987
Lot Size
6,621 sq ft
Click to interact with map
753 Cerritos Ave, Long Beach
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
1101 Cherry Ave, Long Beach
Listed by Shawn Mohler with The Mohler Real Estate Group
5503 5511 Cherry Ave, Long Beach
Listed by Tyler Leeson with Marcus & Millichap RE Invest
5339 E Ocean, Long Beach
Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.
5711 E 2nd, Long Beach
Listed by Christopher Walker with Triqor Group
1561 W Pacific Coast Hwy, Long Beach
Listed by Tim Ho with First Team Real Estate
25 Bennett, Long Beach
Listed by Chris Keramati with Triqor Group
973 N Park, Long Beach
Listed by Ixbalanque Garcia with Won Suk Kim Real Estate, Inc.
