Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 807 Roswell Avenue, a 4-unit multifamily investment property located in Long Beach, California. Built in 1972, 807 Roswell Avenue offers a desirable vintage, an all-townhome unit mix and exceptionally spacious floor plans consisting of 3 2-bed/1-bath units and 1 3-bed/2-bath unit. The residences total approximately 4,642 SF of net rentable area, averaging more than 1,160 SF per unit. These larger multibedroom floor plans, 2-story layouts and private patios provide a residential living experience that is increasingly difficult to replicate and highly desirable among Long Beach renters. The gated property has been well maintained by current ownership and is attractively landscaped, contributing to its strong curb appeal and residential character. Ownership has also completed several meaningful capital improvements, including a full repipe, new electrical subpanels and a roof replacement approximately 2 years ago consisting of tile roofing with flat composition sections. The property includes 3 garage parking spaces that are not currently separately monetized, providing an additional opportunity to generate parking income while retaining a valuable tenant amenity. The property benefits from a highly desirable Long Beach location approximately 1 block from Wilson High School and just blocks from Recreation Park, a setting that complements its larger 2- and 3-bedroom floor plans. Belmont Shore and the 2nd Street commercial corridor, California State University, Long Beach, and Retro Row are also a short drive away, providing convenient access to some of the city’s most prominent shopping, dining, recreation and educational destinations. 807 Roswell Avenue is being offered in conjunction with the neighboring triplex at 815 Roswell Avenue and the 9-unit property at 825 Roswell Avenue. Each property is available for separate acquisition or may be purchased together, creating a rare opportunity to acquire 3 contiguous multifamily properties and establish a larger ownership presence along a single Long Beach block.