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15-Unit Student Housing Property

3440 E Ransom Street, Long Beach, CA 90804

For Sale
Contact for pricing

Individual-bed leasing, shared outdoor amenities, laundry, garages and secured parking serve the off-campus student housing use.

Property SizeContact for details
Days on Market19

Property Features for 3440 E Ransom Street

General Information

Standard status Active
Total Parking Spaces 16
Property subtype Multifamily

Site & Location

Neighborhood Bryant
Highway Access Yes

Additional Details

Furnished Yes
Multifamily Units 15
Currently Operating Yes

Amenities

onsite laundry
courtyard
fire pit lounge
BBQ
ping-pong table
communal seating areas
Listing Agency: Stepp Commercial
Listed By: Robert Stepp · License CA #01456379
Source: Crexi
Added: Oct 27 Changed: Nov 10 Last Checked: Nov 12 at 7:18AM

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.

This 15-unit apartment property is configured for student housing, with 65 beds leased individually rather than by the unit. On-site laundry supports residents, while three garages and 13 secured parking spaces provide vehicle storage. A landscaped courtyard includes mature trees, a fire pit lounge, BBQ, ping-pong table and communal seating areas.

The property is near Long Beach’s Traffic Circle, with walkable access to retail, dining and everyday services. California State University, Long Beach and the 405 Freeway are also nearby, connecting the property with Long Beach, the South Bay and Orange County.

Leasing is structured by the bed. A seller-backed five-year master lease guarantee covers 100% of vacant beds.

Key Highlights

  • 15 units with 65 beds in an off‑campus student housing property
  • By‑the‑bed leasing model with furnished individual beds
  • Seller‑backed five‑year master lease guarantee covering 100% of vacant beds

Property Analytics

Lease Details

15
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,322
Businesses Nearby

Demographics for 90804, CA

39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Long Beach, CA

$384 Jul
$427 Aug
$398 Sep
$396 Oct

Properties on Market for Apartment buildings in Long Beach

Jul
Aug
Sep
Oct

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 - Individual-bed leasing, shared outdoor amenities, laundry, garages and secured parking serve the off-campus student housing use.
Where is this apartment building located?
The property is located at 3440 E Ransom Street Long Beach, CA.
What is the asking price?
The asking price for this property is $6,395,000.
What are key features of this property?
This property features: 15 units with 65 beds in an off‑campus student housing property; By‑the‑bed leasing model with furnished individual beds; Seller‑backed five‑year master lease guarantee covering 100% of vacant beds
(310) 774-3740 Call to check price and availability
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