1534 Grand Ave - Apartments FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$1,300,000 USD
310-944-5188
1534 Grand Ave, Long Beach, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1534 Grand Ave
Long Beach, CA 90804
Eastside Long Beach


HIGHLIGHTS

  • Low vacancy rates

OVERVIEW

With its established rental history and high-demand location, this high-performing multifamily asset presents a rare opportunity in one of Long Beach’s most sought-after areas. This well-maintained four-unit property features three spacious one-bedroom units and one two-bedroom, two-bathroom townhouse with a balcony, fireplace, enclosed patio, and in-unit laundry. All units are separately metered for gas and electricity. Parking is convenient with four attached garages featuring automatic openers, plus four additional off-street spaces. Ideally situated near Cal State Long Beach, shopping centers, freeways, and Downtown Long Beach, the property benefits from strong rental demand and low vacancy rates. As part of a gated courtyard community with three identical buildings on separate parcels, it offers both stability and long-term growth potential. Don’t miss this exceptional investment opportunity.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 3

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,173 SF

ZONING

LBRR2N

APN/PARCEL ID

7253-013-052

ASK ABOUT THIS PROPERTY

Michele BrownKW Commercial SoCalMore Info
310-944-5188

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Michele BrownKW Commercial SoCalMore Info
310-944-5188

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.