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The Mojave Apartments
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140 E Spring Street, Long Beach, CA 90806

Balanced one- and two-bedroom unit mix with community amenities and one-to-one parking.

Property SizeContact for details
Days on Market71

Property Features for 140 E Spring Street

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood North Wrigley

Units

Unit Mix 10 x 2BD/1BA, 10 x 1BD/1BA
Multifamily Units 20
Parking per Unit 1

Additional Details

Cap Rate 6.01%

Amenities

pool
sundeck
Listing Agency: Stepp Commercial
Listed By: Robert Stepp · License #CA 01456379
Source: Crexi
Added: Aug 24 Changed: Oct 31 Last Checked: Nov 1 at 5:18AM

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

Rey
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Investment Insights

Based on property information with market context.

The Mojave Apartments is a 20-unit multifamily property at 140 E. Spring Street in Long Beach, California. The unit composition includes 10 two-bedroom, one-bath residences and 10 one-bedroom, one-bath residences, providing a balanced mix of floor plans within the community.

Property amenities include parking at a one-to-one ratio, a community pool, and a sundeck. The asset is located in the 90806 area of Long Beach and is offered as a multifamily investment property.

Key Highlights

  • 20‑unit apartment property in Long Beach, CA
  • 10 2BD/1BA units and 10 1BD/1BA units
  • One‑to‑one parking ratio

Property Analytics

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Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

2,851
Businesses Nearby

Demographics for 90806, CA

41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Balanced one- and two-bedroom unit mix with community amenities and one-to-one parking.
Where is this apartment building located?
The property is located at 140 E Spring Street Long Beach, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 20‑unit apartment property in Long Beach, CA; 10 2BD/1BA units and 10 1BD/1BA units; One‑to‑one parking ratio
(310) 774-3740 Call to check price and availability
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