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1128 Temple Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1987, the three-story property features 100% spacious two-bedroom/two-bathroom residences averaging approximately 956 square feet. Four of the eight units offer private balconies, while additional amenities include 13 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,500,000, the property presents a compelling value proposition with pricing metrics that compare favorably to recent sales. The projected 6.55% capitalization rate exceeds the comparable average of 5.95%, while the 9.80 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's attractive relative valuation and competitive income potential. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,495 per unit, approximately 2% below the surveyed comparable average of $2,547. This measured underwriting approach provides investors with additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment base, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $163,695, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1128 Temple Avenue offers investors a compelling opportunity to acquire a well-located asset at a favorable basis relative to recent comparable transactions.

PW26236589 MLS ⋅ Active Status

1128 Temple Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1987, the three-story property features 100% spacious two-bedroom/two-bathroom residences averaging approximately 956 square feet. Four of the eight units offer private balconies, while additional amenities include 13 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,500,000, the property presents a compelling value proposition with pricing metrics that compare favorably to recent sales. The projected 6.55% capitalization rate exceeds the comparable average of 5.95%, while the 9.80 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's attractive relative valuation and competitive income potential. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,495 per unit, approximately 2% below the surveyed comparable average of $2,547. This measured underwriting approach provides investors with additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment base, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $163,695, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1128 Temple Avenue offers investors a compelling opportunity to acquire a well-located asset at a favorable basis relative to recent comparable transactions.

1128 Temple, Long Beach

$2,625,000

1074 Redondo Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1989, the three-story property consists of 100% spacious two- bedroom/two-bathroom residences averaging approximately 973 square feet. Each unit is equipped with HVAC and a private balcony, while additional amenities include 14 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,625,000, the property presents a compelling investment opportunity with pricing and income metrics that compare favorably to recent transactions. The projected 6.54% capitalization rate exceeds the comparable average of 5.95%, while the 9.87 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's competitive acquisition basis and attractive projected income potential relative to comparable multifamily assets. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,595 per unit, approximately 8.2% below the surveyed comparable average of $2,828. This measured underwriting approach provides investors with meaningful additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment centers, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $171,753, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1074 Redondo Avenue offers investors a compelling opportunity to acquire a well-located, newer-vintage multifamily asset with competitive pricing and potential for long- term income growth.

PW26236605 MLS ⋅ Active Status

1074 Redondo Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1989, the three-story property consists of 100% spacious two- bedroom/two-bathroom residences averaging approximately 973 square feet. Each unit is equipped with HVAC and a private balcony, while additional amenities include 14 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,625,000, the property presents a compelling investment opportunity with pricing and income metrics that compare favorably to recent transactions. The projected 6.54% capitalization rate exceeds the comparable average of 5.95%, while the 9.87 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's competitive acquisition basis and attractive projected income potential relative to comparable multifamily assets. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,595 per unit, approximately 8.2% below the surveyed comparable average of $2,828. This measured underwriting approach provides investors with meaningful additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment centers, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $171,753, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1074 Redondo Avenue offers investors a compelling opportunity to acquire a well-located, newer-vintage multifamily asset with competitive pricing and potential for long- term income growth.

1074 Redondo, Long Beach

$8,000,000

STUDENT HOUSING OPPORTUNITY – 64 BEDS + 8 BEDS = 72 MAX BEDS. 7.47% CURRENT CAP, WITH MARKET CAP RATE AT 8.63%-9.14%! Park Villa Apartments, an 18-unit / 64-bed off-campus student housing asset serving California State University, Long Beach (CSULB). The property operates under a “by-the-bed” leasing model commonly used in purpose-built student housing, offering furnished individual beds rather than leasing entire units. This structure provides students greater flexibility while generating higher effective rents per unit and diversified cash flow for ownership. Park Villa Apartments features (4) 3BD/2BA, (2) 2BD/2BA, (10) 2BD/1BA and (2) 1BD/1BA units surrounding a landscaped courtyard, along with on-site laundry, eight garages and 12 tandem surface parking spaces. Comprehensive renovations completed in 2023 include upgraded electrical and plumbing systems, new dual-pane windows, laminate flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, modern lighting, ceiling fans and fixtures throughout. The property is located near Long Beach’s Traffic Circle, providing walkable access to extensive retail, dining and everyday services. Its proximity to CSULB and the 405 Freeway also provides convenient connectivity throughout Long Beach, the South Bay and Orange County. CSULB has 3,500 on-campus beds serving more than 42,000 students—an on-campus housing saturation rate of approximately 8%—leaving the overwhelming majority of students reliant on the private housing market. Demand is further supported by record enrollment and approximately 84,000 applications in the most recent admissions cycle, the highest applicant volume in the 23-campus CSU system. This persistent supply-demand imbalance provides Park Villa Apartments with a deep, recurring renter pool. Combined with annual lease resets, recurring new-student demand and approximately 25% tenant retention, the property’s by-the-bed model provides a compelling foundation for stable occupancy, income growth and long-term student housing demand.

PW26215271 MLS ⋅ Active Status

STUDENT HOUSING OPPORTUNITY – 64 BEDS + 8 BEDS = 72 MAX BEDS. 7.47% CURRENT CAP, WITH MARKET CAP RATE AT 8.63%-9.14%! Park Villa Apartments, an 18-unit / 64-bed off-campus student housing asset serving California State University, Long Beach (CSULB). The property operates under a “by-the-bed” leasing model commonly used in purpose-built student housing, offering furnished individual beds rather than leasing entire units. This structure provides students greater flexibility while generating higher effective rents per unit and diversified cash flow for ownership. Park Villa Apartments features (4) 3BD/2BA, (2) 2BD/2BA, (10) 2BD/1BA and (2) 1BD/1BA units surrounding a landscaped courtyard, along with on-site laundry, eight garages and 12 tandem surface parking spaces. Comprehensive renovations completed in 2023 include upgraded electrical and plumbing systems, new dual-pane windows, laminate flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, modern lighting, ceiling fans and fixtures throughout. The property is located near Long Beach’s Traffic Circle, providing walkable access to extensive retail, dining and everyday services. Its proximity to CSULB and the 405 Freeway also provides convenient connectivity throughout Long Beach, the South Bay and Orange County. CSULB has 3,500 on-campus beds serving more than 42,000 students—an on-campus housing saturation rate of approximately 8%—leaving the overwhelming majority of students reliant on the private housing market. Demand is further supported by record enrollment and approximately 84,000 applications in the most recent admissions cycle, the highest applicant volume in the 23-campus CSU system. This persistent supply-demand imbalance provides Park Villa Apartments with a deep, recurring renter pool. Combined with annual lease resets, recurring new-student demand and approximately 25% tenant retention, the property’s by-the-bed model provides a compelling foundation for stable occupancy, income growth and long-term student housing demand.

1761 Park Avenue, Long Beach

$1,345,000

The Wilton Courtyard is a 5-unit multifamily property located at 3245 E Wilton Street in Long Beach’s Eastside submarket. The property offers the potential to add three ADU units, providing an opportunity to expand the existing 5-unit property to 8 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange County.

OC26185530 MLS ⋅ Active Status

The Wilton Courtyard is a 5-unit multifamily property located at 3245 E Wilton Street in Long Beach’s Eastside submarket. The property offers the potential to add three ADU units, providing an opportunity to expand the existing 5-unit property to 8 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange County.

3245 E Wilton, Long Beach

$2,695,000

The Wilton Courtyard is a 10-unit multifamily property located at 3245–3301 E Wilton Street in Long Beach’s Eastside submarket. The property features approved plans for six additional ADU units, providing the potential to expand the existing 10-unit property to 16 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange Counties.

OC26185350 MLS ⋅ Active Status

The Wilton Courtyard is a 10-unit multifamily property located at 3245–3301 E Wilton Street in Long Beach’s Eastside submarket. The property features approved plans for six additional ADU units, providing the potential to expand the existing 10-unit property to 16 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange Counties.

3245 -3301 E Wilton Street, Long Beach

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