Multifamily

2901 East 10th Street

2901 E 10th Street, Long Beach, CA 90804

Listing Price: $4,300,000

Cap Rate
3.87%
Number of Units
16
Price/Unit
$268,750
Price/Gross SF
$349.96
Gross SF
12,287

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2901 East 10th Street, a 16-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. Situated on a 0.21-acre lot, 2901 East 10th Street offers studio, one, two, and three-bedroom units and includes amenities such as controlled access, security doors, private balconies (select units), garage parking for additional rent, and on-site laundry. Located in Long Beach’s Zaferia neighborhood, 2901 East 10th Street has a prime location just minutes away from the bustling thoroughfares of East 10th Street and East 4th Street, which places residents within close proximity to a plethora of retail, dining, and employment options. Additionally, the property benefits from an excellent central Long Beach location as it is less than two miles away from major Long Beach neighborhoods such as Downtown Long Beach, Junipero Beach, Signal Hill, and the Los Alamitos Traffic Circle.

Investment Highlights

  • A 16-Unit Multifamily Investment Property Located in Long Beach
  • The Property Offers Studio, One, Two, and Three-Bedroom Units
  • Amenities Include Controlled Access, Security Doors, Private Balconies (Select Units), Garage Parking for Additional Rent, and On-Site Laundry
  • 68% of Units Have Been Renovated With Improvements Including New Flooring, Cabinets, Countertops, Light Fixtures, and More (Please See OM ForMore Details)
  • The Property is Minutes Away from the Thoroughfares of East 10th Street and East 4th Street

Exclusively Listed By

Listing Price: $4,300,000

Cap Rate
3.87%
Number of Units
16
Price/Unit
$268,750
Price/Gross SF
$349.96
Gross SF
12,287

Investment Highlights

  • A 16-Unit Multifamily Investment Property Located in Long Beach
  • The Property Offers Studio, One, Two, and Three-Bedroom Units
  • Amenities Include Controlled Access, Security Doors, Private Balconies (Select Units), Garage Parking for Additional Rent, and On-Site Laundry
  • 68% of Units Have Been Renovated With Improvements Including New Flooring, Cabinets, Countertops, Light Fixtures, and More (Please See OM ForMore Details)
  • The Property is Minutes Away from the Thoroughfares of East 10th Street and East 4th Street

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 2901 East 10th Street, a 16-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. Situated on a 0.21-acre lot, 2901 East 10th Street offers studio, one, two, and three-bedroom units and includes amenities such as controlled access, security doors, private balconies (select units), garage parking for additional rent, and on-site laundry. Located in Long Beach’s Zaferia neighborhood, 2901 East 10th Street has a prime location just minutes away from the bustling thoroughfares of East 10th Street and East 4th Street, which places residents within close proximity to a plethora of retail, dining, and employment options. Additionally, the property benefits from an excellent central Long Beach location as it is less than two miles away from major Long Beach neighborhoods such as Downtown Long Beach, Junipero Beach, Signal Hill, and the Los Alamitos Traffic Circle.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower