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Twin Palms Apartments
1522 Redondo Ave., Long Beach, CA 90804
18 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 14,880 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Cap Rate:
- Gross Rent Multiplier:
- Year Built:
- Listing ID
- Last Updated
- 221 days ago
CBRE, an exclusive advisor is proud to present the rare opportunity to purchase Twin Palms apartment building located in the coveted eastside of Long Beach, one of the best rental submarkets in the city of Long Beach. The 1960 balcony style building is an all electric building individually metered with individual water heaters for each unit. There are 20 gated parking spots.
The 18 unit apartment building is in prime rental location just a short distance away from the traffic circle with easy access to the 405 freeway. Tenants have the option to walk to banks, retail, restaurants, as well as public transportation.
Map of 1522 Redondo Ave., Long Beach, CA 90804 (Los Angeles County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P