8-Unit Multifamily
For Sale
Contact for pricing
Pending
4652 N Banner Dr, Long Beach, CA 90807
An 8-unit building with studio and one-bedroom apartments plus parking in 5 garages and 3 additional spaces.
Property SizeContact for details
Days on Market148
Property Features for 4652 N Banner Dr
General Information
Standard status
Pending
Total Parking Spaces
8
Property subtype
Multifamily
Additional Details
Multifamily Units
8
Listing Agency:
Stepp Commercial
Listed By:
Robert Stepp · License #CA 01456379
(310) 463-2916
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Sep 2 at 12:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stepp Commercial
Investment Insights
Based on property information with market context.
This 8-unit multifamily property offers a mix of two studio units and six one-bedroom units. The building provides parking through 5 garages plus 3 additional spaces, and it is separately metered for gas and electric.
The property is located in Bixby Knolls, Long Beach, and is described as being close to employment and retail hubs including The Terminal at Douglas Park, LBX, the Atlantic Corridor, and the Globemaster Specific Corridor.
The seller’s remarks characterize the asset as a value-add opportunity with +/-21% upside potential in rents, reflecting the property’s current income profile and the potential for improvement.
The property is located in Bixby Knolls, Long Beach, and is described as being close to employment and retail hubs including The Terminal at Douglas Park, LBX, the Atlantic Corridor, and the Globemaster Specific Corridor.
The seller’s remarks characterize the asset as a value-add opportunity with +/-21% upside potential in rents, reflecting the property’s current income profile and the potential for improvement.
Key Highlights
- 8‑unit value‑add property with +/-21% upside potential in rents
- Unit mix: (2) studio and (6) one‑bedroom apartments
- Parking includes 5 garages plus 3 additional spaces
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,079
Businesses Nearby
Explore this area
Business Placement
Demographics for 90807, CA
32,412
Population
13,345
Households
2.4
Avg Household Size
41
Median Age
45%
College-Educated
90%
High-School Grad
4.4 sq mi
ZIP Area
7,366
Density / Sq Mi
$95,079
Median Household Income
$56,392
Median Earnings
$1,892
Median Rent
$832,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - An 8-unit building with studio and one-bedroom apartments plus parking in 5 garages and 3 additional spaces.
Where is this apartment building located?
The property is located at 4652 N Banner Dr Long Beach, CA.
What are key features of this property?
This property features: 8‑unit value‑add property with +/-21% upside potential in rents; Unit mix: (2) studio and (6) one‑bedroom apartments; Parking includes 5 garages plus 3 additional spaces
