436 E Market

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436 E Market

Long Beach, CA 90805
Asking Price
$2.41M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Long Beach
  • Asset features a total of 10 residential units
  • Asking price for the property is $2,410,000
  • Located within the 90805 ZIP code of Southern California
  • Strong rental market demand supports this multi-unit investment

What's Special

Priced at $2,410,000, this multifamily apartment building located at 436 E Market in Long Beach offers an established investment footprint. The property consists of 10 units, providing a stabilized residential asset in a dense Southern California submarket. Long Beach remains a significant economic hub within the Los Angeles metropolitan area, supported by its proximity to major logistics infrastructure, a diverse local workforce, and steady rental demand from the surrounding residential population. Investors looking to grow their portfolio in the 90805 ZIP code will find this asset well-positioned to capitalize on the region's consistent demand for multi-unit housing. The scale of this 10-unit complex allows for efficient management while maintaining exposure to one of the most active coastal markets in the state. Prospective owners may consider this property for long-term rental income strategies or as a value-add project within this transit-accessible urban corridor.

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NOI
$80,000
Cap Rate
3.32%
DSCR
0.56
Underwater
Cash-on-Cash
-8.72%
Monthly Payment
$11,923.365
Annual Cash Flow
$-63,080.381

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