Multifamily
920 Loma Ave
920 Loma Ave, Long Beach, CA 90804
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 920 Loma Avenue, an 8-unit multifamily investment property located in the desirable Eastside submarket of Long Beach, California.
Constructed in 1964, the 7,597 rentable square foot property consists of six two-bedroom/one-bath units, one two-bedroom/one-bath unit with a den, and one three-bedroom/two-bath townhouse. The unit mix provides a range of living options that appeal to a broad tenant base, from individuals and roommates to families seeking additional space. Residents benefit from on-site amenities including four garages, additional surface parking, and a community laundry facility.
920 Loma Avenue is well positioned in a walkable residential pocket with convenient access to neighborhood amenities. The property sits just blocks from Woodrow Wilson High School and is within close proximity to multiple retail centers offering full-service grocers, dining, and daily services. In addition, tenants enjoy easy access to Recreation Park, one of Long Beach’s premier green spaces, featuring a golf course, tennis courts, and expansive open areas. This blend of residential charm, convenience, and recreational access makes the location especially attractive to long-term renters.
The offering of 920 Loma Avenue presents investors with the opportunity to acquire a well-located, stabilized multifamily asset in one of Long Beach’s established rental markets, supported by consistent demand and proximity to employment, retail, and community amenities.
920 Loma Ave
Investment Highlights
- Six two-bedroom/one-bath units, one two-bedroom/one-bath plus den, and one three-bedroom/two-bath townhouse, offering layouts that attract both families and professionals.
- Four private garages, additional surface parking, and an on-site laundry facility enhance resident comfort and retention.
- Immediate proximity to one of Long Beach's most recognized high schools adds appeal for families in the area.
- Close to retail centers anchored by full-size grocers, restaurants, and neighborhood services.
- Just minutes from golf, tennis, and expansive green space, providing tenants with unmatched access to outdoor activities.
- A well-connected neighborhood with enduring renter demand and easy access to greater Long Beach.
Exclusively Listed By
Listing Price: $2,500,000
Investment Highlights
- Six two-bedroom/one-bath units, one two-bedroom/one-bath plus den, and one three-bedroom/two-bath townhouse, offering layouts that attract both families and professionals.
- Four private garages, additional surface parking, and an on-site laundry facility enhance resident comfort and retention.
- Immediate proximity to one of Long Beach's most recognized high schools adds appeal for families in the area.
- Close to retail centers anchored by full-size grocers, restaurants, and neighborhood services.
- Just minutes from golf, tennis, and expansive green space, providing tenants with unmatched access to outdoor activities.
- A well-connected neighborhood with enduring renter demand and easy access to greater Long Beach.
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 920 Loma Avenue, an 8-unit multifamily investment property located in the desirable Eastside submarket of Long Beach, California. Constructed in 1964, the 7,597 rentable square foot property consists of six two-bedroom/one-bath units, one two-bedroom/one-bath unit with a den, and one three-bedroom/two-bath townhouse. The unit mix provides a range of living options that appeal to a broad tenant base, from individuals and roommates to families seeking additional space. Residents benefit from on-site amenities including four garages, additional surface parking, and a community laundry facility. 920 Loma Avenue is well positioned in a walkable residential pocket with convenient access to neighborhood amenities. The property sits just blocks from Woodrow Wilson High School and is within close proximity to multiple retail centers offering full-service grocers, dining, and daily services. In addition, tenants enjoy easy access to Recreation Park, one of Long Beach’s premier green spaces, featuring a golf course, tennis courts, and expansive open areas. This blend of residential charm, convenience, and recreational access makes the location especially attractive to long-term renters. The offering of 920 Loma Avenue presents investors with the opportunity to acquire a well-located, stabilized multifamily asset in one of Long Beach’s established rental markets, supported by consistent demand and proximity to employment, retail, and community amenities.
Exclusively Listed By
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