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Multifamily

534-536 E. 19th Street

534 E 19th St, Long Beach, CA 90806

Listing Price: $845,000

Cap Rate
4.10%
Number of Units
3
Occupancy
95.0%
Price/Unit
$281,667
Price/Gross SF
$443.80
Gross SF
1,904

Investment Overview

Marcus and Millichap is pleased to present 534-536 E. 19th Street, a 3-unit building located in the emerging central Long Beach submarket. The building consists of (2) onebedroom/one-bathroom units and (1) two-bedroom/one-bathroom unit. Built in 1905, the 1,904 SF building sits on a 6,499 SF lot. The property is zoned LBR1N. 534-536 E. 19th Street has a walk score of 86 with a wide variety of dining and retail options on Pacific Coast Highway and Long Beach Boulevard. The property sits less than 2 miles from Downtown Long Beach and the vibrant nightlife scene of bars and restaurants on Pine Street. Other nearby attractions include the Aquarium of the Pacific, Long Beach Convention Center, Shoreline Aquatic Park, The Queen Mary and Belmont Shore. The property is conveniently located 0.4 miles from the PCH Blue Line Station which takes commuters to Downtown LA to the north and Downtown Long Beach to the south. The property is conveniently located near the 710 freeway which provides easy access to the 405 and connecting freeways.

Investment Highlights

  • Well maintained asset in the emerging central Long Beach submarket
  • Excellent unit mix of (2) one-bedroom/one-bathroom units and (1) two-bedroom/one bathroom unit
  • Walk Score of 86 with retail and dining options just a short walk away
  • Located less than 2 miles from Downtown Long Beach and vibrant nightlife scene of bars and restaurants on Pine Street
  • Other nearby attractions include the Aquarium of the Pacific, Long Beach Convention Center, Shoreline Aquatic Park, The Queen Mary and Belmont Shore
  • Conveniently located 0.4 miles from the PCH Blue Line Station which takes commuters to Downtown LA to the north and Downtown Long Beach to the south

Exclusively Listed By

Multifamily

534-536 E. 19th Street

Listing Price: $845,000

Cap Rate
4.10%
Number of Units
3
Occupancy
95.0%
Price/Unit
$281,667
Price/Gross SF
$443.80
Gross SF
1,904

Investment Highlights

  • Well maintained asset in the emerging central Long Beach submarket
  • Excellent unit mix of (2) one-bedroom/one-bathroom units and (1) two-bedroom/one bathroom unit
  • Walk Score of 86 with retail and dining options just a short walk away
  • Located less than 2 miles from Downtown Long Beach and vibrant nightlife scene of bars and restaurants on Pine Street
  • Other nearby attractions include the Aquarium of the Pacific, Long Beach Convention Center, Shoreline Aquatic Park, The Queen Mary and Belmont Shore
  • Conveniently located 0.4 miles from the PCH Blue Line Station which takes commuters to Downtown LA to the north and Downtown Long Beach to the south

Investment Overview

Marcus and Millichap is pleased to present 534-536 E. 19th Street, a 3-unit building located in the emerging central Long Beach submarket. The building consists of (2) onebedroom/one-bathroom units and (1) two-bedroom/one-bathroom unit. Built in 1905, the 1,904 SF building sits on a 6,499 SF lot. The property is zoned LBR1N. 534-536 E. 19th Street has a walk score of 86 with a wide variety of dining and retail options on Pacific Coast Highway and Long Beach Boulevard. The property sits less than 2 miles from Downtown Long Beach and the vibrant nightlife scene of bars and restaurants on Pine Street. Other nearby attractions include the Aquarium of the Pacific, Long Beach Convention Center, Shoreline Aquatic Park, The Queen Mary and Belmont Shore. The property is conveniently located 0.4 miles from the PCH Blue Line Station which takes commuters to Downtown LA to the north and Downtown Long Beach to the south. The property is conveniently located near the 710 freeway which provides easy access to the 405 and connecting freeways.

Exclusively Listed By

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