$2,280,000

Multi Family In Long Beach

  • 2 Beds
  • 2 Baths
  • 6,504 Sqft lot
  • Updated: August 1
  • Source:
    San Diego MLS  MLS#SB26099694

About the Property

8-unit apartment building in Long Beach’s highly desirable Eastside/Rose Park submarket, offered at a 6.13% current cap rate. Built in 1987, the property features an all 2-bed/2-bath unit mix, a rare configuration in Long Beach’s small multifamily market, with private balconies, dishwashers, and individual water heaters in every unit. Upstairs units feature 11+ ft vaulted ceilings. Fully occupied
8-unit apartment building in Long Beach’s highly desirable Eastside/Rose Park submarket, offered at a 6.13% current cap rate. Built in 1987, the property features an all 2-bed/2-bath unit mix, a rare configuration in Long Beach’s small multifamily market, with private balconies, dishwashers, and individual water heaters in every unit. Upstairs units feature 11+ ft vaulted ceilings. Fully occupied with stable in-place income and rent upside under AB 1482. 12 on-site garage spaces (1.5/unit), on-site laundry, new roof and exterior paint in 2025, and separately metered gas and electricity. Post-1980 vintage insulates buyers from costly retrofit exposure common in the city’s older stock. Minutes from Retro Row, Belmont Shore, and the 405/605/22 freeways.
  • Property type

    Other

  • Floors

    2

Features

  • Garage
  • Water View
  • Mountain View
  • City View
  • High Ceiling
  • Gas Stovetop
  • Gate
  • Balcony
  • Laundry Room
Features

Lot

Indoor

  • High Ceiling
  • Gas Stovetop
  • Laundry Room
  • Stone Countertops

Outdoor

  • Balcony
  • Garage
  • Gate

Explore the Area

1126 Raymond Avenue, Signal Hill, California, United States View on Google Maps
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Lyon Stahl Investment Real Estate, Inc. - El Segundo

Joined 9 months ago
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Lyon Stahl Investment Real Estate, Inc. - El Segundo
California, United States
View agency profile
53
Listings
2025
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Lyon Stahl Investment Real Estate, Inc. - El Segundo
El Segundo, California, United States
View agency profile
Last updated
August 1
First listed
Aug 1
Listing reference
SB26099694
Listing status
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