414 E 61st Long Beach, CA 90805

This for-sale multifamily property is a 5-unit apartment building featuring all large two-bedroom units. The site includes six garages and onsite laundry with owned machines for resident convenience. The current ownership has recently completed upgrades and capital improvements, aimed at improving the building and supporting day-to-day operation.

Located in Long Beach, the property sits on a large lot. The existing tenant base is primarily section-8, and the current lease rates are reported to be below market. This combination of tenant profile and below-market rents may be relevant for buyers evaluating current income and operating parameters.

From a tenant and operator standpoint, the unit mix is straightforward, with all units offering two-bedroom layouts. The presence of six garages and onsite, owner-supplied laundry can be practical for parking and everyday resident needs. For buyers considering future development or value-add approaches, the large lot is noted as offering potential to add units, subject to applicable approvals and feasibility. Overall, this is a compact, owner-managed-style apartment offering with clear property improvements, established parking, and resident-focused amenities.