$2,400,000
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928 Long Beach Blvd Long Beach, CA 90813
Other
Residence
Beds
Baths
6,793
Sq. Ft.
0.29
Acre
Lot
Property Activity
Time on Site
days
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This prime 12-unit apartment complex in Downtown Long Beach offers exceptional investment potential. Located in the PD30 Zone, the property benefits from favorable city incentives and provides opportunities for both long-term holding and redevelopment into additional multi-units. Spanning a 12,537 s...qft lot with 6,793 sqft of living space, the complex features two side-by-side buildings and is currently occupied by long-term tenants, presenting ample room for rent increases. Situated just minutes from the beach, with easy access to amenities, entertainment, freeways, and transportation hubs, the property is strategically positioned for growth. With Long Beach’s plans to revamp downtown by 2028, this asset could see its value multiply up to ten times, making it a highly desirable and valuable investment opportunity.
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MLS#
OC24076227
Property Type
Other
Status
Square Feet
6,793
sq. ft
Lot Size
0.29
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