18-Unit Student Housing
For Sale
$8,000,000
1761 Park Avenue, Long Beach, CA 90815
Long Beach, CA
Property SizeContact for details
Lot Size0.37 Acres
Days on Market9
Property Features for 1761 Park Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LBR4R
Bedrooms
64
Rooms
Bedroom 29, Bedroom 49, Bedroom 62, Bedroom 36, Bedroom 54, Bedroom 41, Bedroom 48, Bedroom 55, Bedroom 45, Bedroom 28, Bedroom 31, Bedroom 44, Bedroom 34, Bedroom 43, Bedroom 3, Bedroom 16, Bedroom 7, Bedroom 21, Bedroom 23, Bedroom 52, Bedroom 60, Bedroom 2, Bedroom 61, Bedroom 30, Bedroom 1, Bedroom 51, Bedroom 57, Bedroom 15, Bedroom 39, Bedroom 6, Bedroom 10, Bedroom 24, Bedroom 59, Bedroom 47, Bedroom 8, Bedroom 12, Bedroom 32, Laundry Room, Bedroom 35, Bedroom 64, Bedroom 20, Bedroom 50, Bedroom 5, Bedroom 18, Bedroom 46, Bedroom 14, Bedroom 11, Bedroom 38, Bedroom 40, Bedroom 56, Bedroom 63, Bedroom 37, Bedroom 19, Bedroom 58, Bedroom 53, Bedroom 9, Bedroom 26, Bedroom 33, Bedroom 42, Bedroom 25, Bedroom 17, Bedroom 22, Bedroom 13, Bedroom 4, Bedroom 27
Parking
20
Parking features
Covered, Garage
Subdivision
Circle (CA)
Lot features
16-20 Units/ Acre
Directions
E Atherton St & Clark Ave
Standard status
Active
APN
7220002040
Lot size
0.37 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
on-site laundry
landscaped courtyard
Building Details
Year built
1963
Floors in Building
2
Number of units
18
Listing Agency:
Keller Williams Realty Downey
(562) 334-1500
Listed By:
Robert Stepp · License #01456379
(310) 463-2916
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 10 at 3:06AM
MLS# PW26215271
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Park Villa Apartments is an 18-unit, 64-bed student housing property built in 1963. Its unit mix includes four 3-bedroom/2-bathroom units, two 2-bedroom/2-bathroom units, ten 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, arranged around a landscaped courtyard. Furnished beds are leased individually. Renovations completed in 2023 included electrical and plumbing upgrades, dual-pane windows, laminate flooring, shaker-style cabinets, quartz countertops, stainless steel appliances, bathroom updates, lighting, ceiling fans and fixtures. On-site laundry, eight garages and 12 tandem surface parking spaces serve the property. The site encompasses 0.3727 acres and has public water and sewer service.
The property is near the Traffic Circle in Long Beach, with walkable access to retail, dining and everyday services. California State University, Long Beach and the 405 Freeway are also nearby.
The property is near the Traffic Circle in Long Beach, with walkable access to retail, dining and everyday services. California State University, Long Beach and the 405 Freeway are also nearby.
Key Highlights
- 18 units with 64 beds; unit mix ranges from 1‑bedroom/1‑bathroom to 3‑bedroom/2‑bathroom
- 2023 renovations covered electrical and plumbing systems, windows, flooring, kitchens, bathrooms and fixtures
- Furnished beds leased individually in an off‑campus student housing format
Property Analytics
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Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,013
Businesses Nearby
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Business Placement
Demographics for 90815, CA
41,837
Population
15,908
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
5,893
Density / Sq Mi
$116,567
Median Household Income
$66,669
Median Earnings
$2,263
Median Rent
$890,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Furnished beds are leased individually in an off-campus housing arrangement serving California State University, Long Beach.
Where is this apartment building located?
The property is located at 1761 Park Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 18 units with 64 beds; unit mix ranges from 1‑bedroom/1‑bathroom to 3‑bedroom/2‑bathroom; 2023 renovations covered electrical and plumbing systems, windows, flooring, kitchens, bathrooms and fixtures; Furnished beds leased individually in an off‑campus student housing format
