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Multifamily Asset in North Long Beach

3301 E Artesia, Long Beach, CA 90805

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For Sale

$2,250,000

Nine-unit multifamily property with income and upside potential.

Type:Investment

HighLights

Strong in‑place 6.48% CAP rate provides immediate cash flow.
Potential for increased returns with projected 8.04% market CAP rate achievable through rent increases.
Priced at $250K per unit, offering an attractive cost basis.
Includes a mix of unit types: 3‑bedroom, 2‑bedroom, and 1‑bedroom apartments.
Features 20 total parking spaces, a valuable amenity.
Convenient location with quick access to the 91 and 710 freeways.

We can help!

Listing Contact

Brett Lyon

Learn more

For Sale

$2,250,000

Nine-unit multifamily property with income and upside potential.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 54
Last Refresh:: Apr 24 at 4:05 pm

Property Features for 3301 E Artesia

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1952

We can help!

Listing Contact

Brett Lyon

Listing agent Brett Lyon License #01717818

Listing office Lyon Stahl Investment Real Estate

Listing date Apr 24, 2026

Source Elliman

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 Lyon Stahl Investment Real Estate

HighLights

Strong in‑place 6.48% CAP rate provides immediate cash flow.
Potential for increased returns with projected 8.04% market CAP rate achievable through rent increases.
Priced at $250K per unit, offering an attractive cost basis.
Includes a mix of unit types: 3‑bedroom, 2‑bedroom, and 1‑bedroom apartments.
Features 20 total parking spaces, a valuable amenity.
Convenient location with quick access to the 91 and 710 freeways.

Overview

The property at 3301 E Artesia Blvd presents an opportunity to acquire a 9-unit multifamily asset located in North Long Beach. The property consists of two buildings: a standalone house with 3 bedrooms and 2 bathrooms, and a rear 8-unit structure. The 8-unit structure includes five 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Built in 1952, the property includes 20 parking spaces. The property delivers cash flow with a 6.48% CAP rate and a 10.23 GRM. Market projections indicate potential for an 8.04% market CAP and 8.76 GRM through rent increases. The property is located with access to the 91 and 710 freeways. The property has a bike score of 48, walk score of 63, and transit score of 42.

Location Intelligence

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Sassie Girl Hair ... Cosmetic Store

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Local Demand

City: Long Beach
County: Los Angeles
State: California
Longitude: -118.1532568
Latitude: 33.8752088

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For sale
Apartment buildings
CA
Long Beach
90805
3301 E Artesia

What type of property is this?

Apartment building - Nine-unit multifamily property with income and upside potential.

Where is this apartment building located?

The property is located at 3301 E Artesia Long Beach, CA.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: Strong in‑place 6.48% CAP rate provides immediate cash flow.; Potential for increased returns with projected 8.04% market CAP rate achievable through rent increases.; Priced at $250K per unit, offering an attractive cost basis.