Portfolio For Sale • 14,941 SF
| Rare Lakewood Village Location: 42 SRO units + 3 Retail Commercial Units Across Three Near-Contiguous Parcels, Priced at $120,000 Per Unit |
| Attractive In-Place Financials: In-Place Rents Support a 9.0 GRM and 6% Cap Rate |
| Significant Electrical Upgrades: All Buildings Have Updated Main Electrical Panels & Subpanels |
| Exceptional Location Adjacent to Major Drivers: Walking Distance to Long Beach City College, LBX (Long Beach Exchange), Lakewood Country Club, Heartwe |
| High-Barrier-to-Entry Submarket: Predominantly Single-Family Housing, Limited Rental Supply, Strong Household Incomes |
| 14 Parking Spaces + Laundry Room |
| Cap Rate: | 6.00 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Long Beach (Daugherty Field) | 7 min | - | 3.2 mi |
| John Wayne/Orange County | 29 min | - | 21.5 mi |
| Los Angeles International | 33 min | - | 23.4 mi |