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Lakewood Village SRO & Retail Portfolio 3 Properties Offered at $5,400,000 in Long Beach, CA

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INVESTMENT HIGHLIGHTS

  • Rare Lakewood Village Location: 42 SRO units + 3 Retail Commercial Units Across Three Near-Contiguous Parcels, Priced at $120,000 Per Unit
  • Significant Electrical Upgrades: All Buildings Have Updated Main Electrical Panels & Subpanels
  • High-Barrier-to-Entry Submarket: Predominantly Single-Family Housing, Limited Rental Supply, Strong Household Incomes
  • Attractive In-Place Financials: In-Place Rents Support a 9.0 GRM and 6% Cap Rate
  • Exceptional Location Adjacent to Major Drivers: Walking Distance to Long Beach City College, LBX (Long Beach Exchange), Lakewood Country Club, Heartwe
  • 14 Parking Spaces + Laundry Room

EXECUTIVE SUMMARY

The Lakewood Village Portfolio offers investors the rare opportunity to acquire three well-maintained mixed-use and SRO assets totaling 42 SRO units and 3 retail
storefronts in one of Long Beach’s most desirable and supply-constrained neighborhoods. Located in Lakewood Village, an established infill community known for exceptional demographics, pride-of-ownership housing, and extremely low turnover, the portfolio provides strong in-place income and operational stability. Current income supports an attractive 6% cap rate and 9.0 GRM, positioning the offering as a compelling yield opportunity in a high-barrier submarket.
Across the portfolio, all buildings are well maintained and exhibit true pride of ownership, with numerous physical, cosmetic, and system upgrades completed by ownership. The SRO units range between 100 and 200 square feet, with a mix of private layouts and others utilizing shared community bathrooms and showers, aligning well with the 30-day minimum stay model and helping maintain consistently strong occupancy. The three retail storefronts are individually metered for gas and electricity.
Significant system improvements further enhance the portfolio’s long-term durability. All buildings have updated main electrical panels and subpanels. 4430 Village also offers dedicated 20-amp circuits in SRO rooms. The 4430 Village building includes 2 shared showers and 3 toilets and has a newer roof. All buildings are secured with security cameras and has an onsite laundry facility.
The location offers exceptional convenience and connectivity. The properties are walking distance to Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and the region’s premier lifestyle destination, LBX (Long Beach Exchange)—a major draw for dining, retail, entertainment, and fitness concepts. This amenity-rich environment supports sustained demand for both residential and retail space.

PROPERTY FACTS

Price $5,400,000
Price / SF $361.42 / SF
Cap Rate 6%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 14,941 SF
Total Land Area 0.47 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
4420 E Greenmeadow Rd, Long Beach, CA 90808 Multifamily 3,800 SF 1941 -
4430 E Village Rd, Long Beach, CA 90808 Multifamily 2,304 SF 1941 -
4408 E Greenmeadow Rd, Long Beach, CA 90808 Retail 8,837 SF 1935 -
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  • Listing ID: 38986839

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: Lakewood Village SRO & Retail Portfolio, Long Beach, CA

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