Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

11

Building size

7,461 sqft

Lot size

0.15 sqft

Year built

1963

Stories

2

Garage spaces

6

Pool

None

Status

Active

Days on market

0

MLS #

247208521

About this property

1137 Junipero Avenue is an 11-unit multifamily investment property located in Long Beach, California. 1137 Junipero Avenue was built in 1963 and features a unit mix of 9 1-bed/1-bath and 2 2-bed/2-bath units totaling approximately 7,461 rentable square feet. The gated property offers an on-site laundry room and 6 garage parking spaces, providing residents with practical amenities while generating ancillary income beyond base rental revenue. The property further benefits from copper plumbing throughout, representing a meaningful completed building-system improvement. Located in Long Beach’s Eastside, 1137 Junipero Avenue is positioned near the Anaheim Street and 7th Street corridors, providing convenient access to daily-needs retail, dining and public transportation. The property is also a short drive from the 4th Street/Retro Row corridor, Belmont Heights, the waterfront and Downtown Long Beach, placing residents near many of the city’s primary employment, recreation and entertainment destinations. With a predominantly 1-bedroom unit mix, established ancillary income sources and completed plumbing upgrades, 1137 Junipero Avenue offers a well-rounded multifamily investment within an established Long Beach rental market.

Location

1137 Junipero Avenue

Long Beach, Los Angeles, CA, 90804