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Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$ 2,400,000
Est. payment /mo
Active
1137 Junipero AVE Long Beach, CA 90804
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26203726
Year Built 1963
Source California Regional MLS
Property Description
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
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry Community Facility
Exterior
Garage Spaces 6.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 7260031021
Special Listing Condition Not Applicable
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