$2,195,000

Multi Family In Long Beach

  • 2 Beds
  • 1 Baths
  • 7,423 Sqft lot
  • Updated: June 11
  • Source:
    San Diego MLS  MLS#OC26021177

About the Property

The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6,808 square feet on a 7,424 square foot lot. Recent capital improvements inclu
The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6,808 square feet on a 7,424 square foot lot. Recent capital improvements include new garage doors, new electrical sub-panels, and new vinyl windows. Additional amenities include a spacious community laundry room, six (6) single-car garages with front driveway parking, and one (1) additional surface parking space. This offering presents a rare opportunity for investors to acquire a stable asset generating a 6.08% CAP Rate on current income, with upside potential to a 8.37% CAP Rate at market rents. Located in the highly desirable Long Beach rental market, the Plymouth Street Apartments is well positioned to deliver strong cash flow and long-term value appreciation.
  • Property type

    Other

  • Floors

    2

Features

  • Garage
  • Equestrian
  • Laundry Room
  • Parking

Explore the Area

46 E Plymouth, Signal Hill, California, United States View on Google Maps
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Marcus & Millichap RE Invest - Irvine

Joined 9 months ago
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Marcus & Millichap RE Invest - Irvine
California, United States
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22
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2025
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Marcus & Millichap RE Invest - Irvine
Irvine, California, United States
View agency profile
Last updated
June 11
First listed
Jan 30
Listing reference
OC26021177
Listing status
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