1545 Obispo Ave, Long Beach, CA 90804

Description

1545 Obispo Avenue is a turnkey 8-unit multifamily investment opportunity located in the highly desirable Eastside submarket of Long Beach. The property features a rare 100% two-bedroom, one-bathroom unit mix, with all interiors renovated to a consistent, modern standard. Upgrades include quartz countertops, shaker-style cabinetry, vinyl plank flooring, stainless steel appliances, and contemporary finishes throughout—creating operational efficiency and a cohesive tenant experience. Originally constructed in 1963, the asset has benefited from approximately $475,000 in capital improvements, materially reducing near-term capital expenditure exposure. Improvements include new...