Search
The Mojave Apartments
For Sale
Contact for pricing

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 Market25

Property Features for 140 E Spring Street

General Information

Standard status Active
Property subtype Multifamily

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: Sep 13 Last Checked: Sep 16 at 3:52PM

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.

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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Butcher Fish Market Tattoo & Piercing Shop Bed & Breakfast

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

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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) 463-2916 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message