Property Details
About this Property
30-Unit Apartment Community | Prime North Long Beach Location Investment Overview: This is a rare opportunity to acquire a 30-unit multifamily property strategically located in the vibrant and improving North Long Beach rental market. The property consists entirely of one-bedroom, one-bath units—a unit mix that remains among the most consistently in-demand and easy to lease in the area. With high tenant retention and historically low vacancy, this asset provides a stable income stream and strong long-term appreciation potential. Property Highlights: 30 One-Bedroom / One-Bath Units – Highly sought-after floorplans offering functional layouts and reliable tenant demand. Ample Parking & Additional Income – Thirteen (13) garages and nine (9) off-street parking spaces generate supplemental revenue and tenant convenience. On-Site Laundry Facilities – Well-maintained common laundry areas add another source of ancillary income. Separately Metered Utilities – Each unit is individually metered for gas and electricity, reducing ownership expenses and simplifying management. Excellent Access – Centrally located with easy access to major freeways, employment centers, schools, and retail corridors. ADU Development Potential: Preliminary assessments indicate that the property ma
MLS Listing Information
MLS #
CRPW25247306
MLS Source
California Regional MLS
Days on Site
6
Interior Features
Kitchen
None
Cooling
None
Exterior Features
Roof
Composition
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 13 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1518 E Artesia is a Residential Income in Long Beach, CA 90805. This – square foot property sits on a 3,814 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,450,000 and was built in 1955. This address can also be written as 1518 E Artesia, Long Beach, CA 90805.
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This listing information is up-to-date as of October 28, 2025. For the most current information, please contact W. Kurt Wood
