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Listed by: Woody Stahl (310) 425-9838 DRE #01399621, Brett Lyon DRE #01717818 | Lyon Stahl Investment Real Est (310) 425-9838
$5,150,000
10 Beds
12 Baths
--sqft
1225 Bennett Ave, Long Beach, CA 90804
$5,150,000
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Mixed Use
Built in 1987
$-- HOA
12,065 sqft lot
--/sqft
Description
1225 Bennett Avenue presents a rare opportunity to acquire a well-maintained 17-unit apartment building in a prime East Long Beach location. Built in 1987 and situated on a sizable 12,065 SF lot, this 16,503 SF, three-story property offers a highly desirable unit mix and significant rental upside in one of the strongest rental submarkets in the area.
The building features (4) 2-bedroom, 2-bath units, (11) townhome-style 2-bedroom, 2.5-bath units, and (2) studio lofts—designed to attract a diverse tenant base seeking spacious, functional living space. With a current CAP rate of 3.73% and a projected proforma CAP of 7.00%, the property offers approximately 60% upside in r...
- Houzeo last checked: 13 Minutes ago
- Listing updated: November 10, 2025 at 8:36 pm
- Source: California Regional MLS-CA | MLS#: PW25125963
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1987
HOA Fees
-
Finished Area
- sqft
Lot Size
12,065 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25125963
MLS Status
Pending
Days on Market
183
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