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8-Unit Bungalow Apartment Building
For Sale
Contact for pricing
Pending

1534 W 20th St, Long Beach, CA 90810

Updated bungalow-style residences surround a landscaped courtyard in a residential Westside Long Beach setting.

Property SizeContact for details
Days on Market145

Property Features for 1534 W 20th St

General Information

Standard status Pending
Property subtype Multifamily

Financials

Cap Rate 6.09%
Gross Rent Multiplier 10.39

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8
Listing Agency: Stepp Commercial
Listed By: Robert Stepp · License #CA 01456379
Source: Crexi
Added: Apr 13 Changed: Sep 4 Last Checked: Sep 3 at 12:44PM

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.

This eight-unit apartment property includes bungalow-style residences configured as two-bedroom, one-bath units. Several apartments have received upgrades or renovations, with vinyl plank or tile flooring among the reported improvements. Mature street trees, entry hedges, and a spacious grass courtyard add defined outdoor areas to the property’s physical layout.

The asset is positioned in Westside Long Beach near restaurants, coffee shops, and parks, with access to major transportation corridors. The property address is 1534 W 20th St, Long Beach, CA 90810. Current operating metrics include a 6.09% cap rate and a 10.39 GRM.

Key Highlights

  • Eight 2BD / 1BA apartment units
  • Several units upgraded or renovated
  • Vinyl plank or tile flooring in improved units

Property Analytics

Current Use

Beach Front Property ... Apartment Building Tech Fleet Security ... Security Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Skin Care Clinic

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

873
Businesses Nearby

Demographics for 90810, CA

38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated bungalow-style residences surround a landscaped courtyard in a residential Westside Long Beach setting.
Where is this apartment building located?
The property is located at 1534 W 20th St Long Beach, CA.
What are key features of this property?
This property features: Eight 2BD / 1BA apartment units; Several units upgraded or renovated; Vinyl plank or tile flooring in improved units
(310) 463-2916 Call to check price and availability
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