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1952 Pine
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for sale in Long Beach
- Asset includes eight total residential units for investment
- Current offering price set at 1565000 dollars
- Property performance currently reflects a 7.2 percent cap rate
- Site located within the established 90806 ZIP code market
What's Special
Priced at $1,565,000, this multifamily apartment building provides a stabilized investment asset in Long Beach. The property features eight units and generates a 7.2% cap rate, appealing to investors looking for steady performance within the Southern California rental market. Long Beach maintains a dense and active economy supported by a diverse regional workforce and proximity to major logistics hubs and the coast. Residential demand remains consistent throughout this coastal California submarket. The scale of this eight-unit complex is well-suited for a portfolio addition or a focused value-add strategy. Its position at 1952 Pine places residents within reach of the greater Los Angeles metropolitan area infrastructure and local transit networks. Prospective owners will find this asset type functional for long-term hold strategies aimed at meeting the consistent need for housing in the 90806 ZIP code area.
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