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Long Beach Off-Campus Student Housing
Long Beach, CA Los Altos

$26,250,000 USD

Multifamily For Sale • 52,492 SF

7 Properties View all

Property Details

Property Type Multifamily

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Established student housing portfolio spanning five well-located properties near California State University Long Beach.
                            
                                Fully furnished units offering individual bed leasing drives higher effective rents than traditional multifamily leasing
                            
                                Long-term demand driven by CSULB’s record-high enrollment and limited on-campus capacity.
                            
                                Strong operational fundamentals with aligned lease cycles, reducing vacancy exposure.
                            
                                Projected pro forma cap rate of 7.93% with scalable expansion opportunities across similar assets.

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	7 min	-	4.3 mi
John Wayne/Orange County	25 min	-	18.7 mi
Los Angeles International	31 min	-	23.1 mi

Robert Stepp 310-463-2916 Stepp Commercial - KWPE

Long Beach Off-Campus Student Housing Long Beach, CA Los Altos

$26,250,000 USD

Property Details

Highlights

Public Transportation

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Long Beach Off-Campus Student Housing
Long Beach, CA Los Altos