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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 2,500,000
Est. payment /mo
New
920 Loma Avenue Long Beach, CA 90804
7,597 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,597 sqft
Price per Sqft $329
MLS Listing ID OC-25216008
Year Built 1964
Lot Size 6,534 Sqft
Property Sub-Type Apartment
Property Description
920 Loma Avenue is an 8-unit multifamily investment property located in the desirable Eastside submarket of Long Beach, California. Constructed in 1964, the 7,597 rentable square foot property consists of six two-bedroom/one-bath units, one two-bedroom/one-bath unit with a den, and one three-bedroom/two-bath townhouse. The unit mix provides a range of living options that appeal to a broad tenant base, from individuals and roommates to families seeking additional space. Residents benefit from on-site amenities including four garages, additional surface parking, and a community laundry facility. 920 Loma Avenue is well positioned in a walkable residential pocket with convenient access to neighborhood amenities. The property sits just blocks from Woodrow Wilson High School and is within close proximity to multiple retail centers offering full-service grocers, dining, and daily services. In addition, tenants enjoy easy access to Recreation Park, one of Long Beach's premier green spaces, featuring a golf course, tennis courts, and expansive open areas. This blend of residential charm, convenience, and recreational access makes the location especially attractive to long-term renters. The offering of 920 Loma Avenue presents investors with the opportunity to acquire a well-located, stabilized multifamily asset in one of Long Beach's established rental markets, supported by consistent demand and proximity to employment, retail, and community amenities.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry Community
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Level with Street
Sewer Public Sewer
