Multifamily Property for Sale in Long Beach, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Long Beach, CA 90804

Description

Marcus & Millichap is pleased to present the opportunity to acquire a 4-unit multifamily property located at 1062 Termino Avenue in Long Beach, California. The property consists of a three-unit structure comprised of 2 one-bed/one-bath units and 1 twobed/ two-bath unit, as well as a detached two-bed/one-bath cottage. The property also features a private yard, security doors, on-site laundry, and a combination of surface and garage parking. Investment Highlights: • Single-Story Cottage • On-Site Laundry Facility • Garage and Surface Parking

Market Context

This multifamily in Long Beach, CA is listed for sale. It is offered at an approximate 3.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 52 days. Compare it against other multifamily listings for sale in Long Beach, CA — <a href="/search/sale/multifamily/california/long-beach">view the full market</a>.

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