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4336 N Lakewood Blvd 6 Unit Apartment Building $1,895,000 ($315,833/Unit) 7.10% Cap Rate Long Beach, CA 90808



Investment Highlights
- Turnkey 6-unit multifamily investment in Long Beach with recent comprehensive remodel
- Optimal unit mix: Six (6) 1 Bed / 1 Bath apartment homes
- Close to major freeways: 710 & 405, plus Long Beach Airport and CSULB
- Stabilized, low-maintenance asset positioned for immediate, reliable cash flow
- Minutes to Lakewood Village, Downtown Long Beach (DTLB) dining/entertainment, Retro Row, Alamitos Beach, and The Pike Outlets
- Excellent walkability and public transit access
Executive Summary
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.
Property Facts
| Price | $1,895,000 | Apartment Style | Low-Rise |
| Price Per Unit | $315,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 7.10% | Building Size | 3,772 SF |
| Gross Rent Multiplier | 14.09 | No. Stories | 2 |
| No. Units | 6 | Year Built/Renovated | 1953/2025 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LBR34 - Medium-density residential zoning | ||
| Price | $1,895,000 |
| Price Per Unit | $315,833 |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| Gross Rent Multiplier | 14.09 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,772 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2025 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LBR34 - Medium-density residential zoning |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Lawn
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+1 | 6 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 7182-002-004 | Improvements Assessment | $100,734 |
| Land Assessment | $46,303 | Total Assessment | $147,037 |
Property Taxes
Parcel Number
7182-002-004
Land Assessment
$46,303
Improvements Assessment
$100,734
Total Assessment
$147,037
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SRG Properties
4336 N Lakewood Blvd
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