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Lakewood Village SRO & Retail Portfolio
Long Beach, CA Lakewood Village

$5,400,000 USD

Portfolio For Sale  •  14,941 SF

3 Properties View all

Property Details

  • Property Type Unknown
  • Cap Rate 6.00 %
38 Transit Score
74 Walk Score

Highlights

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

Property Flyers

Cap Rate: 6.00 %

Public Transportation

AirportDriveWalkDistance
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
Chris Walker 949-756-3232 Triqor Group
Chris Walker 949-756-3232 Triqor Group