$1,630,000

Multi Family In Long Beach

  • 3 Beds
  • 7,275 Sqft lot
  • Updated: September 4
  • Source:
    San Diego MLS  MLS#PW26190928

About the Property

Exceptional value-add opportunity in the City of Long Beach! This SB 721 compliant 8-unit apartment building features a desirable unit mix of six 1BD/1BA and two 2BD/1BA units, offering investors immediate upside potential and long-term NOI growth. Four vacant units provide a new owner with immediate control to renovate and re-tenant at current market rents, while remaining tenants sit below marke
Exceptional value-add opportunity in the City of Long Beach! This SB 721 compliant 8-unit apartment building features a desirable unit mix of six 1BD/1BA and two 2BD/1BA units, offering investors immediate upside potential and long-term NOI growth. Four vacant units provide a new owner with immediate control to renovate and re-tenant at current market rents, while remaining tenants sit below market creating additional upside through natural turnover. The property is well-positioned for continued rent growth in one of Long Beach’s strongest rental corridors. Key highlights include a pitched roof, upgraded electrical, on-site laundry, and four dedicated parking spaces a rare amenity in this submarket that drives leasing demand and tenant retention. Additional income is generated through parking and laundry facilities. The on-site garage presents a compelling ADU conversion opportunity (Buyer to verify with City), offering a clear path to increased density and long-term asset appreciation. Do not disturb tenants.
…
  • Property type

    Other

  • Floors

    2

Features

  • Garage
  • Laundry Room
  • Parking

Explore the Area

1136 Linden Avenue, Signal Hill, California, United States View on Google Maps
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Christopher Arvizu - El Segundo

Joined 12 months ago
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Christopher Arvizu - El Segundo
California, United States
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1
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2025
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Christopher Arvizu - El Segundo
El Segundo, California, United States
View agency profile
Last updated
September 4
First listed
September 1
Listing reference
PW26190928
Listing status
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