Listing Agency: Berkshire Hathaway HomeServices California Properties Gardena

Listed By: Otis Clayton · License #CA 00856405

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Sep 4 at 10:44AM

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Investment Insights

Based on property information with market context.

This residential income property is classified as a multifamily asset and carries LBRS3 zoning. The property is occupied by tenants, with interior access subject to inspection arrangements.

Located just north of the 91 freeway, the property is near shopping centers and stores. Its Long Beach address places the asset within an established retail-served setting.

Key Highlights

• Multifamily residential income property
• LBRS3 zoning
• Just north of the 91 freeway

Property Analytics

Property Profile

Current Use

Payonazo Clothing Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Electrical Service

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

507

Businesses Nearby

Explore this area Business Placement

Demographics for 90805, CA

95,350

Population

28,954

Households

3.3

Avg Household Size

34

Median Age

18%

College-Educated

74%

High-School Grad

7.4 sq mi

ZIP Area

12,885

Density / Sq Mi

$68,615

Median Household Income

$34,948

Median Earnings

$1,664

Median Rent

$588,500

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Residential income property with LBRS3 zoning near shopping centers.

Where is this multifamily property located?

The property is located at 6950 Long Beach Bl Long Beach, CA.

What are key features of this property?

This property features: Multifamily residential income property; LBRS3 zoning; Just north of the 91 freeway