Stepp Commercial represented a private investor in the acquisition of the 60-unit Surf Terrace apartments at 11 S. Termino Ave. in Long Beach, California, from a family trust for $28.6 million. This iconic Belmont Shore asset was built in 1964 and was on the market for the first time ever. With a mix of one, two and three bedroom units the value-add property was 65% renovated with 45% upside potential.
Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $7.165 million sale of… Read more »
Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.25 million sale of… Read more »
Long Beach, Calif. May 3, 2023 – Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market,… Read more »
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