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Apartments For Sale • 6,366 SF
| Two Adjacent Parcels totaling 10 units include 9 single-story cottage units and 1 detached single-family residence positioned on adjacent lots. |
| Diverse Unit Mix featuring 1 studio, 5 one-bedroom units, 3 two-bedroom units, and 1 three-bedroom unit. |
| Cottage-Style Configuration with private entrances creates a low-density residential environment that differentiates the property. |
| Detached Single-Family Home with spacious backyard is complemented by 3 private garages featuring gated frontage areas. |
| Recent Capital Improvements including roof replacements in 2020 & 2021 along with 5 recently replaced water heaters. |
| Walkable Downtown Long Beach Location Near Major Employers supports consistent rental demand from government, healthcare, and portrelated industries. |
| Cap Rate: | 5.13 % |
| Total Expenses: | $82,692 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| The Wallace Family Trust |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 8 min | 0.4 mi |
| Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 13 min | 0.7 mi |
| 5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 14 min | 0.7 mi |
| 1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 16 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 12 min | - | 7.3 mi |
| Los Angeles International | 30 min | - | 21.7 mi |
| John Wayne/Orange County | 34 min | - | 21.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | Surface |
| Included in Rent: | Yes |
Tyler Leeson
Marcus & Millichap
Tyler Leeson
Marcus & Millichap
