Property Detail
Description
Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.
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Listing provided courtesy of Malcolm Zeger of Buckingham Investments, Inc. Last updated 2026-05-17 08:11:22.000000. Listing information © 2025 CRMLS.
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CA DRE# 01883192
770 1st Ave, Suite 250 San Diego, CA 92101
Based on information from California Regional Multiple Listing Service, Inc., as of 2025 and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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