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1117-1125 Loma Ave
Long Beach, CA 90804 Eastside Long Beach

$1,295,000 USD

Apartments For Sale  •  4,250 SF

Property Details

• Property Type Apartments
• Total Building Size 4,250 SF
• Lot Size 0.15 AC
• Building Class C
• Year Built 1931
• Cap Rate 5.85 %

50 Transit Score

90 Walk Score

Highlights

Value-Add Opportunity with Substantial Upside in Rents

New Electrical Panels

Strong Rental Location Near Recreation Park, Long Beach State and Wilson High School

Desirable Mix of Spacious 1, 2 & 4-BR Units

Nearby Retail Amenities Include Starbucks, Sprouts & LA Fitness

Long-Term Ownership - Motivated Sellers

Financial Summary (Actual)

Net Operating Income: $75,771 USD (2025)

Cap Rate:	5.85 %
Total Expenses:	$39,931 USD

Amenities

• Laundry Facilities

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	8 min	-	4.0 mi
John Wayne/Orange County	27 min	-	19.1 mi
Los Angeles International	33 min	-	22.8 mi