1225 Bennett

Long Beach, CA, 90804
For Sale $5,150,000
  • 0.28acre
Listing agents:
Woody Stahl
License #01399621
Lyon Stahl Investment Real Est
Brett Lyon
License #01717818
Lyon Stahl Investment Real Estate, Inc.
1225 Bennett Avenue presents a rare opportunity to acquire a well-maintained 17-unit apartment building in a prime East Long Beach location. Built in 1987 and situated on a sizable 12,065 SF lot, this 16,503 SF, three-story property offers a highly desirable unit mix and significant rental upside in one of the strongest rental submarkets in the area. The building features (4) 2-bedroom, 2-bath units, (11) townhome-style 2-bedroom, 2.5-bath units, and (2) studio lofts—designed to attract a diverse tenant base seeking spacious, functional living space. With a current CAP rate of 3.52% and a projected proforma CAP of 7.00%, the property offers approximately 60% upside in rents, making it a compelling value-add opportunity for investors. On-site amenities include aparking garage with 32 spaces and (2) shared laundry rooms. Priced at $302K per unit and $312 per square foot, the asset is competitively positioned within the market. Ideally located in East Long Beach, the property is just blocksfrom Recreation Park Golf Course and less than two miles from the Long Beach Traffic Circle—home to some of the city’s best retail, dining, and entertainment. Whether you're looking to stabilize a well-located asset or reposition it for stronger returns, 1225 Bennett Avenue offers a rare chance to invest in a quality multifamily property with built-in upside.

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1225 Bennett is a Residential Income Mixed Use property located in Long Beach, California, featuring a 0.277 acre lot, MLS #PW25125963.

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Data last modified: 2025-07-02 00:28:06