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1922 Locust Ave
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Eight-unit apartment building located in Long Beach California
- Asset listed for sale at a price of 1700000 dollars
- Property generates a current capitalization rate of 7.25 percent
- Strategically positioned within the dense and active Long Beach submarket
- Stable multifamily investment suitable for long term capital retention
What's Special
Investors seeking a stabilized cash flow asset in the Long Beach market may consider this eight-unit apartment building. Positioned at 1922 Locust Ave, the property offers a 7.25% capitalization rate, providing a foundation for consistent multifamily revenue. Long Beach serves as a major economic hub within the Southern California region, benefiting from its proximity to the Port of Long Beach and the greater Los Angeles industrial base. The local rental market remains driven by a steady demand for residential space from the diverse workforce residing in this coastal city. This multifamily asset represents a straightforward opportunity to acquire a tangible residential investment in a prominent urban environment. Its configuration of units supports a range of rental strategies typical for this submarket, appealing to long-term holders aiming for performance in a dense, well-connected metropolitan setting.
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