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834 Walnut
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily residential building located in Long Beach California
- Current asking price for the asset is 1449000 dollars
- The investment carries a stabilized capitalization rate of 5.6 percent
- Total building inventory consists of four individual residential units
- Property is situated in a high demand coastal Southern California market
What's Special
This multifamily apartment building for sale in Long Beach, California, presents a steady acquisition prospect for investors seeking a stabilized residential asset. Comprising four units, the property is positioned within a dense, coastal Southern California market that consistently experiences demand for rental housing. The submarket benefits from its proximity to the Port of Long Beach and the broader Los Angeles metropolitan economy, supporting a diverse tenant base ranging from maritime workers to commuters. At a 5.6% cap rate, this asset functions as a straightforward addition to an existing income-producing portfolio. Its scale allows for manageable operations while maintaining a footprint in one of the region's most established urban centers. Prospective buyers should consider the utility of these four units as a reliable revenue stream in a location characterized by limited residential development and sustained long-term rental demand. The property at 834 Walnut offers a clear value proposition for those looking to secure a foothold in the Long Beach residential sector.
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