22-Property Long Beach Portfolio
1726 E. 5th Street, Long Beach, CA 90802
Price Per Unit
Current Cap Rate
Market Cap Rate
The Long Beach Multifamily Portfolio is comprised of 22 assets in “B” locations across Long Beach, totaling 111 units and 100,687 square feet.
Over 73% of the units offer two or more bedrooms. Most of the units feature updated plumbing and electrical, laminate or linoleum flooring, ceiling fans, hood-vent microwaves and dishwashers.
A majority of the properties have onsite laundry rooms and offer adequate parking in neighborhoods that are typically parking-impacted.
Nearly 27% of the units are Section 8 and provide solid, reliable income.
- 4.45% Cap Rate on Actual Rents
- Nearly Stabilized Assets in “B” Locations
- 27% of Units are Section 8, Providing Reliable Income
- 73% of Units Offer Two or More Bedrooms
- Unique Opportunity to Own Generational Assets with an Unmatched Operating History