437 Bonito

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

437 Bonito

Long Beach, CA 90802
Asking Price
$2.50M
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 encompasses a total of 10 individual apartment units
  • Located within the established 90802 coastal zip code area
  • Current asking price for the property is $2,495,000
  • Positioned for investors seeking density in the Southern California market

What's Special

Long Beach represents a dense coastal hub in the Greater Los Angeles area, characterized by its steady demand for housing and proximity to major maritime and logistics employment centers. The property at 437 Bonito sits within this high-barrier coastal market, offering a stable environment for residential investment. This multifamily apartment building comprises 10 units, catering to a diverse demographic of tenants who value regional accessibility and urban density. Investors looking to grow a residential portfolio will find this asset well-positioned to serve the ongoing need for rental housing in the 90802 zip code. The site configuration and unit count make it an efficient addition for operators focused on maximizing occupancy in a competitive Southern California rental landscape. Given the steady population growth throughout the region, this apartment building provides a clear pathway for sustained yield in an established neighborhood.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
3.21%
DSCR
0.54
Underwater
Cash-on-Cash
-9.10%
Monthly Payment
$12,343.899
Annual Cash Flow
$-68,126.784

Location & Travel Times