In Escrow Properties

415 – 417 East 20th Street

415 - 417 East 20th Street, Long Beach, CA 90806

Property Description

Marcus & Millichap is pleased to present the opportunity to acquire 415 – 417 East 20th Street, a 14-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California.

The 8,946 gross square foot property consists exclusively of two-bedroom cottages and offers amenities including gated entry, single-story construction, on-site laundry, and garage parking. In addition, the property’s strategic location in close proximity to Pacific Coast Highway and Interstate 710 provides residents with convenient access to local and regional employment centers.

Historically known for its status as the preeminent harbor city on the West Coast, Long Beach continues to gain notoriety as an exciting and vibrant waterfront destination. Long Beach’s world-class port, prestigious university, unique business market, and unmatched local attractions have made it one of Southern California’s most desirable markets.

Given the overall strength of the apartment market in Long Beach and unique appeal of the subject property, 415 – 417 East 20th Street is well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.

Property Highlights

  • Consists Exclusively of Two-Bedroom Cottages
  • Gated Entry
  • On-Site Laundry
  • Garage Parking
  • Substantial Rental Upside
  • Less than One Mile from St. Mary Medical Center and Long Beach Memorial Medical Center, Two of the Top Employers in Long Beach
Status: In Escrow
Year Built: 1927
Price: N/A
No. of Units: 14
For more information on our listings, click here
Presented by
Nick A. Kazemi
CA license: 02008945
Matthew J. Kipp
First Vice President
CA license: 01364032