1518 E Artesia, Long Beach, CA 90805

• 17,741 sqft

Property Description

30-Unit Apartment Community | Prime North Long Beach Location Investment Overview: This is a rare opportunity to acquire a 30-unit multifamily property strategically located in the vibrant and improving North Long Beach rental market. The property consists entirely of one-bedroom, one-bath units-a unit mix that remains among the most consistently in-demand and easy to lease in the area. With high tenant retention and historically low vacancy, this asset provides a stable income stream and strong long-term appreciation potential. Property Highlights: 30 One-Bedroom / One-Bath Units – Highly sought-after floorplans offering functional layouts and reliable tenant demand. Ample Parking & Additional Income – Thirteen (13) garages and nine (9) off-street parking spaces generate supplemental revenue and tenant convenience. On-Site Laundry Facilities – Well-maintained common laundry areas add another source of ancillary income. Separately Metered Utilities – Each unit is individually metered for gas and electricity, reducing ownership expenses and simplifying management. Excellent Access – Centrally located with easy access to major freeways, employment centers, schools, and retail corridors. ADU Development Potential: Preliminary assessments indicate that the property may acco

Listing Status:

Active

Date Added:

October 28, 2025 at 05:00AM

Listing Office:

Belmont Brokerage & Mgmt. INC. : 562-437-3581

Listing Agent:

W. Kurt Wood : 562-437-3581

MLS ID:

CRPW25247306

Interior

• Laundry: Other
• A/C: None

Exterior

• Parking: Assigned

Construction

• General: Stucco

Location

• HOA Amenities: 0.0
• County: Los Angeles

Lot

• Zoning: 7114010051
• View: None

This listing courtesy of W. Kurt Wood, Belmont Brokerage & Mgmt. INC.