22-Property Long Beach Portfolio

1726 E. 5th Street, Long Beach, CA 90802

Sale Price


Investment Overview



Price Per Unit


Current Cap Rate


Market Cap Rate


Current GRM


Market GRM


The Offering

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.

Investment Highlights

  • 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