4336 N Lakewood Blvd - Apartments FOR SALE


Long Beach, CA 90808- Lakewood Village
$1,895,000 USD
714-418-5803
4336 N Lakewood Blvd, Long Beach, CA for Sale
$1,895,000 USD
Apartments - FOR SALE
1/3
null | 7.1% Cap Rate

4336 N Lakewood Blvd
Long Beach, CA 90808
Lakewood Village


HIGHLIGHTS

  • Turnkey 6-unit multifamily investment in Long Beach with recent comprehensive remodel
  • Stabilized, low-maintenance asset positioned for immediate, reliable cash flow
  • Optimal unit mix: Six (6) 1 Bed / 1 Bath apartment homes
  • Minutes to Lakewood Village, Downtown Long Beach (DTLB) dining/entertainment, Retro Row, Alamitos Beach, and The Pike Outlets
  • Close to major freeways: 710 & 405, plus Long Beach Airport and CSULB
  • Excellent walkability and public transit access

OVERVIEW

Prime Turnkey Investment Opportunity In Long Beach - Remodeled 6-Unit Complex. Exceptional Opportunity To Acquire A Recently Remodeled, Turnkey 6-Unit Multifamily Income Property In The Highly Desirable Thriving Rental Market Of Long Beach. Pride Of Ownership Radiates Throughout This Meticulously Updated Complex, Offering A Virtually Maintenance-Free Asset For Both Seasoned & First-Time Investors Looking For Immediate, Reliable Cash Flow. The Property Features An Optimal Unit Mix Of Six Well-Appointed 1-Bedroom, 1-Bathroom Apartment Homes With Individual Garages & Additional Onsite Parking. Each Unit Has Undergone Comprehensive Interior Renovations To Meet The Demands Of Today's Premium Renters. Upgrades Include Beautifully Modernized Kitchens, Refreshed Bathrooms With Contemporary Fixtures, Large Walk-In Showers & Custom Tile Work. Each Unit Also Boasts Either Original Hardwood Or LVP Flooring, Fresh Interior Paint, Recessed Lighting, & Upgraded Hardware Throughout. Ideally Situated In Long Beach, This Property Offers Tenants Unparalleled Access To The Best The City Has To Offer. It Is Just Minutes Away From Bouton Lakewood Country Club, Lakewood Village, The Vibrant Dining & Entertainment Scenes Of Downtown Long Beach (DTLB), The Trendy Retro Row, Alamitos Beach, & The Pike Outlets. With Excellent Walkability, Easy Access To Public Transit, Close Proximity To Major Freeways (710, 405), Long Beach Airport & California State University, Long Beach (CSULB), The Location Guarantees A Deep & Consistent Pool Of Highly Qualified Prospective Tenants. Don't Miss Out On This Rare Chance To Add A Stabilized, High-Performing Coastal Asset To Your Real Estate Portfolio.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$502 USD /SF

# OF UNITS

6

PRICE/UNIT

$315,833

CAP RATE

7.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,495 SF

ZONING

LBR34

APN/PARCEL ID

7182-002-004

ASK ABOUT THIS PROPERTY

James SallingerSRG PropertiesMore Info
714-418-5803

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James SallingerSRG PropertiesMore Info
714-418-5803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.