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Long Beach serves as a major economic hub within the Greater Los Angeles area, characterized by a dense population and consistent demand for rental housing. Situated at 1130 E 5th Street, this multifamily asset is positioned in a vibrant coastal submarket that benefits from proximity to downtown employment centers and public transportation infrastructure. The location provides tenants with access to a wide range of retail, dining, and recreational amenities typical of a mature urban neighborhood. Consisting of 8 units, this apartment building represents a functional addition to an investment portfolio in a supply-constrained environment. Prospective buyers may consider the asset for long-term rental income generation or potential repositioning strategies suited for the current Southern California housing market. Its central placement offers connectivity to key regional thoroughfares, supporting stable occupancy patterns driven by the diverse workforce and local student population associated with the city's growth.
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