Contacts
YoungLewin
Property Details
- Property Type Multi-Family
- Property Size 5,796 SF
- Units 7
- Lot Size 0.07 Acre
- Building Class C
- Year Built 1920
- Date Updated Oct 8, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- Attractive In-Place Yield with Upside Approximately 6% current cap rate with an estimated 20% rental upside, providing investors with stable existing cash flow and meaningful potential for future income growth
- Low-Vacancy Rental Submarket Located in a strong Long Beach rental market with consistent tenant demand and limited available inventory
- Oversized, Functional Unit Layouts Spacious units with distinctive features rarely found in competing rentals, including an extra-large double-door walk-in closet offering exceptional storage and potential functionality as a home office or flex space
- Prime Downtown Long Beach Location Highly walkable urban location with a 92 Walk Score, strong bikeability, convenient public transit, and easy access to major freeways
- Well-Preserved 1920s Character Asset Exceptionally maintained vintage property that retains its original architectural charm and character while showing pride of ownership
Getting around
-
92/100
Walk Score ®
-
74/100
Transit Score ®
-
85/100
Bike Score ®
Location
- City Long Beach, CA
- Neighborhood West End Long Beach
- Zip Code 90802
- Market Los Angeles
Points of Interest
-
Pacific Avenue
0.20 miles
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5th Street
0.46 miles
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Anaheim Street
0.83 miles
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Pacific Coast Highway
1.30 miles
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Wardlow
3.32 miles
-
Del Amo
5.32 miles
-
76
0.26 miles
-
Chevron
0.70 miles
-
Shell
0.71 miles
-
USA gas
0.99 miles
-
Speedway Express
1.18 miles
-
Arco
1.24 miles
-
eVgo
2.68 miles
-
Blink Charging Station
3.50 miles
-
ChargePoint
5.01 miles
-
Blink
6.01 miles
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Parking structure (for courthouse)
0.26 miles
-
Parking structure
0.34 miles
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parking structure
0.34 miles
-
Public Parking
0.60 miles
-
Car carriers
1.45 miles
-
Long Beach Transit
1.79 miles
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Lot 1
1.79 miles
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Lot 2
1.84 miles
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Lot 3 Staff
1.90 miles
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Lot 7 staff
1.90 miles
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The Varden Hotel
0.19 miles
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Hilton Long Beach
0.38 miles
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Marriott Long Beach Downtown
0.44 miles
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Hotel Mai
0.49 miles
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Hyatt Centric The Pike Long Beach
0.49 miles
-
Bay Hotel
0.56 miles
-
The Westin Long Beach
0.57 miles
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Westin
0.59 miles
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Hotel Royal
0.61 miles
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City Center Motel
0.68 miles
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Ross
0.38 miles
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El Super
0.50 miles
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Superior Grocers
0.69 miles
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Vons
0.75 miles
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Kim Long Market
0.87 miles
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Smart & Final
1.07 miles
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La Vista Market Carniceria
1.18 miles
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ALDI
1.19 miles
-
Phnom Penh New Market
1.62 miles
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Northgate Market
1.68 miles
YoungLewin