108-Unit Multifamily
For Sale
Contact for pricing
1153-1161 Magnolia Ave., Long Beach, CA 90813
Portfolio totals 108 multifamily units, with more than 82% consisting of 2-, 3-, and 4-bedroom layouts.
Property SizeContact for details
Days on Market144
Property Features for 1153-1161 Magnolia Ave.
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
108
Listing Agency:
Marcus & Millichap - South Bay
(310) 562-0324
Listed By:
Izzy Sanchez · License #01236591
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 11:23PM
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 Marcus & Millichap - South Bay
Investment Insights
Based on property information with market context.
The Apartment Group at NAI Capital presents a multifamily portfolio totaling 108 units located at 1153–1161 Magnolia Ave. The mix is weighted toward larger households, with over 82% of the units consisting of 2-, 3-, and 4-bedroom configurations.
This portfolio is offered for sale as a single acquisition opportunity. The remarks also note that Long Beach does not have rent control ordinances. The geographic layout is described as providing viable leasing options across the majority of tenants interested in renting within Long Beach.
Prospective investors seeking a scale-based ownership structure may find the unit mix and the stated Long Beach regulatory environment to be key considerations when evaluating the portfolio.
This portfolio is offered for sale as a single acquisition opportunity. The remarks also note that Long Beach does not have rent control ordinances. The geographic layout is described as providing viable leasing options across the majority of tenants interested in renting within Long Beach.
Prospective investors seeking a scale-based ownership structure may find the unit mix and the stated Long Beach regulatory environment to be key considerations when evaluating the portfolio.
Key Highlights
- Portfolio of 108 multifamily units in Long Beach, CA
- Unit mix: more than 82% are 2-, 3-, and 4‑bedroom layouts
- Long Beach does not have rent control ordinances, according to the provided remarks
Property Analytics
Current Use
Lease Details
108
Residential units
Location Intelligence
Trade Area within ½ mile
2,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio totals 108 multifamily units, with more than 82% consisting of 2-, 3-, and 4-bedroom layouts.
Where is this apartment building located?
The property is located at 1153-1161 Magnolia Ave. Long Beach, CA.
What are key features of this property?
This property features: Portfolio of 108 multifamily units in Long Beach, CA; Unit mix: more than 82% are 2-, 3-, and 4‑bedroom layouts; Long Beach does not have rent control ordinances, according to the provided remarks
