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1137 Junipero Ave
Long Beach, CA 90804 Eastside Long Beach

$2,400,000 USD

Apartments For Sale  •  7,461 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,461 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 5.45 %
  • Zoning R2N, Long Beach
50 Transit Score
70 Walk Score

Highlights

Property Overview: 11 units built in 1963, totaling ±7,461 rentable square feet in Long Beach’s Eastside.
Favorable Unit Mix: Nine 1-bed/1-bath units and two 2-bed/2-bath units.
Ancillary Income: Gated access with an on-site laundry room and 6 garage parking spaces.
Capital Improvements: Upgraded with copper plumbing throughout.
Strategic Location: Close proximity to the Anaheim and 7th Street corridors, Retro Row, the waterfront, and Downtown.

Financial Summary (Actual)

Net Operating Income: $130,917 USD (2026)
Cap Rate: 5.45 %
Total Expenses: $72,190 USD

Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Gated
  • Heating
  • Smoke Free
  • Trash Pickup - Curbside
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 8 min - 3.4 mi
John Wayne/Orange County 29 min - 19.8 mi
Los Angeles International 33 min - 22.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: OneCarGarage
Included in Rent: Yes
Tyler Leeson 714-713-9086 Marcus & Millichap
Tyler Leeson 714-713-9086 Marcus & Millichap