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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

120 Bonito Ave, Long Beach, CA 90802

Gated access, resident laundry, and garage parking serve this coastal multifamily property.

Property SizeContact for details
Days on Market141

Property Features for 120 Bonito Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 3 x 2BR, 2 x 1BR, 1 x studio
Multifamily Units 6

Additional Details

Highway Access Yes

Amenities

secure gated entry
on-site laundry
garage parking

Building Details

Buildings 1
Listing Agency: Skyline Commercial Real Estate
Listed By: Ryan Pratt · License #02179841
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:37AM

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 Skyline Commercial Real Estate

Investment Insights

Based on property information with market context.

This six-unit apartment property at 120 Bonito Ave includes three two-bedroom residences, two one-bedroom residences, and one studio. Resident amenities include controlled gated entry, on-site laundry, and garage parking. The building is positioned for continued residential occupancy with a varied unit mix suited to different household sizes.

The property sits at the corner of 1st St and Bonito Ave in Long Beach’s Alamitos Beach area, one block from the ocean. The Long Beach Convention Center and Shoreline Village are less than 1 mile away, while Broadway and Retro Row provide additional restaurant and retail destinations nearby. The site also offers access to Long Beach’s downtown area and major freeways serving Los Angeles and Orange County.

Key Highlights

  • Six units with three 2‑bedroom, two 1‑bedroom, and one studio residences
  • Garage parking, an uncommon feature for coastal Long Beach multifamily properties
  • Controlled gated entry and on‑site laundry for residents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,790
Businesses Nearby

Demographics for 90802, CA

41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated access, resident laundry, and garage parking serve this coastal multifamily property.
Where is this apartment building located?
The property is located at 120 Bonito Ave Long Beach, CA.
What are key features of this property?
This property features: Six units with three 2‑bedroom, two 1‑bedroom, and one studio residences; Garage parking, an uncommon feature for coastal Long Beach multifamily properties; Controlled gated entry and on‑site laundry for residents
(714) 767-7039 Call to check price and availability
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