Rancho Obispo is an apartment asset located at 434 Obispo Avenue in Long Beach. California. The property features 21-units plus one non-conforming unit. Attractive assumable financing is available at 3.0% with 75% loan to value until May 1, 2027. The property consists of (15) 1BD/1BA units, (6) 2BD/2BA units, and (1) studio unit. All units are bright and spacious, with an average size of 881 square feet. Nineteen of the 22 units are fully remodeled with designer finishes. Additionally, the property offers a pool and sundeck and 21 secured parking spaces, adding convenience and value for residents. Situated between Bluff Heights and Belmont Heights, Rancho Obispo offers a prime coastal location that is consistently ranked among the top neighborhoods for young professionals. Known for its historic charm, tree-lined streets, and walkability, the area provides convenient access to the beach, Retro Row, and a wide selection of restaurants, bars, coffee shops, and parks. Note: This property may be sold together with Coronado House, the adjacent 27-unit property at 425 Coronado Avenue.