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33866094
33866118

4336 North Lakewood Boulevard, Long Beach, CA 90808

JS
CA 01252074, TN 379632
SRG Properties
KB
CA 02163204
Listed by SRG Properties
$1,895,000
8 days on market
Updated 8 days ago

Lakewood Blvd Apartments - Long Beach

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,772
Units 6
Cap Rate 7.09%
NOI $134,400
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Pro-Forma Cap Rate 7.9%
Pro-Forma NOI $149,751
Price per SqFt $502
Class B
Year Built 1953
Year Renovated 2024
Buildings 2
Lot Size (SqFt) 7,414
Zoning LBR34
Parking Spaces 2 per unit
Sale Condition 1031 exchange

Prime Turn-Key Multi-Family Investment Opportunity In Long Beach

Marketing description

Prime Turnkey Investment Opportunity In Long Beach – Remodeled 6-Unit Complex. Exceptional Opportunity To Acquire A Recently Remodeled, Turnkey 6-Unit Multifamily Income Property In The Highly Desirable Thriving Rental Market Of Long Beach. Pride Of Ownership Radiates Throughout This Meticulously Updated Complex, Offering A Virtually Maintenance-Free Asset For Both Seasoned & First-Time Investors Looking For Immediate, Reliable Cash Flow. The Property Features An Optimal Unit Mix Of Six Well-Appointed 1-Bedroom, 1-Bathroom Apartment Homes With Individual Garages & Additional Onsite Parking. Each Unit Has Undergone Comprehensive Interior Renovations To Meet The Demands Of Today’s Premium Renters. Upgrades Include Beautifully Modernized Kitchens, Refreshed Bathrooms With Contemporary Fixtures, Large Walk-In Showers & Custom Tile Work. Each Unit Also Boasts Either Original Hardwood Or LVP Flooring, Fresh Interior Paint, Recessed Lighting, & Upgraded Hardware Throughout. Ideally Situated In Long Beach, This Property Offers Tenants Unparalleled Access To The Best The City Has To Offer. It Is Just Minutes Away From Bouton Lakewood Country Club, Lakewood Village, The Vibrant Dining & Entertainment Scenes Of Downtown Long Beach (DTLB), The Trendy Retro Row, Alamitos Beach, & The Pike Outlets. With Excellent Walkability, Easy Access To Public Transit, Close Proximity To Major Freeways (710, 405), Long Beach Airport & California State University, Long Beach (CSULB), The Location Guarantees A Deep & Consistent Pool Of Highly Qualified Prospective Tenants. Don't Miss Out On This Rare Chance To Add A Stabilized, High-Performing Coastal Asset To Your Real Estate Portfolio.

Investment highlights

  • Six 1 Bed / 1 Bath Units
  • 6 Separate One Car Garages (Rare In LB) w/ Additional Parking Space For Each Unit
  • Four Units Recently Remodeled - Two Units Nicely Remodeled About 10 Years Ago At Last Tenant Move-Out
  • On-Site Laundry Income
  • Newer Mechanicals Updates - Electrical / Plumbing / Roof / & More
  • Impeccably Maintained By Long Term (1971) Owner

Listing Contacts

JS
CA 01252074, TN 379632
SRG Properties
KB
CA 02163204
Listed by SRG Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$134,400.00
$11,200.00/mo

Valuation Metrics

0
DSCR
7.09%
Cap Rate
7.09%
ROI

Map

Zoning

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R-3-4 ResidentialMulti FamilyLow Density Multifamily Residential
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
James Sallinger
License
01252074
Brokerage
SRG Properties
Brokerage Phone
714-418-5838
Title
Broker of Record
Brokerage Address
2570 N Santiago Blvd - Ste A, Orange, CA 92867
Name
James Sallinger
License
01252074
Brokerage
SRG Properties
Brokerage Phone
714-418-5803
Title
Broker | Principal
Brokerage Address
2570 N Santiago Blvd
Name
Kirsten Brown
License
02163204
Brokerage
SRG Properties
Brokerage Phone
7144185838
Title
Realtor | Agent
Brokerage Address
2570 North Santiago Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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