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Lakewood Village Portfolio
Long Beach, CA Lakewood Village

$4,850,000 USD

Portfolio For Sale  •  18,498 SF

3 Properties View all

Property Details

  • Property Type Unknown
  • Cap Rate 7.24 %
30 Transit Score
60 Walk Score

Highlights

Rare Lakewood Village Location: 42 SRO units + 3 Retail Commercial Units Across Three Near-Contiguous Parcels, Priced at $107,778 Per Unit
Attractive In-Place Financials: In-Place Rents Support a 7.83 GRM and 7.2% 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
High-Barrier-to-Entry Submarket: Predominantly Single-Family Housing, Limited Rental Supply, Strong Household Incomes
14 Parking Spaces + Laundry Room
Cap Rate: 7.24 %

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 6 min - 3.2 mi
John Wayne/Orange County 29 min - 21.2 mi
Los Angeles International 32 min - 22.7 mi
Chris Walker 714-801-0173 Triqor Group
Chris Walker 714-801-0173 Triqor Group