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810 Belmont Avenue
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 7 residential rental units
- Current asking price for the property is $2,100,000
- Investment delivers an established 4.5% capitalization rate
- Located within the desirable 90804 zip code in California
What's Special
Priced at $2,100,000, this multifamily apartment building provides a stabilized investment asset in Long Beach, California. The property consists of 7 units situated within the 90804 zip code, offering a footprint for investors looking to expand their residential holdings in the Los Angeles metropolitan area. Long Beach continues to serve as a significant coastal hub, characterized by a dense population and consistent demand for rental housing supported by its proximity to major regional employment centers and the nearby port infrastructure. Investors can leverage the current 4.5% cap rate to anchor their portfolio within this active submarket. Given the apartment building configuration, the asset is positioned to accommodate various tenant profiles common in this urban coastal setting. Its location ensures accessibility to local amenities and transportation corridors that define this established residential neighborhood. This offering represents a straightforward acquisition for those focused on the Southern California multifamily sector.
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