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Priced at $1,300,000, this multifamily apartment building provides a stable investment in the North Long Beach submarket. The property consists of three individual units, offering a straightforward configuration for residential real estate portfolios within this dense Southern California region. Long Beach maintains a diverse economy supported by its major port facilities, robust logistics infrastructure, and proximity to the greater Los Angeles employment centers. Investors focused on infill residential assets will find this location provides consistent demand from the local workforce and commuters seeking connectivity via the nearby I-710 and I-91 freeways. This asset serves as a functional addition for those looking to expand their footprint in a supply-constrained housing market. The scale of this three-unit complex allows for efficient management while capturing the rental demand typical of a coastal metropolitan area. Current market conditions in Long Beach continue to benefit from its strategic geographic positioning and ongoing revitalization efforts, making this building a practical choice for long-term hold strategies.
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