For Sale $3,100,000
Property Type Multi-Family
Property Size 7,551 SF
Units 9
Lot Size 0.18 Acre
Additional Rent Contact for pricing
Year Built 1961
Date Updated Sep 9, 2024

N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1660 Park Avenue, a 9-unit multifamily investment property located in Long Beach, CA. 1660 Park Avenue offers a highly desirable mix of exclusively two-bedroom units averaging 839 square feet. The property features amenities including 4 single-car garages, each with a tandem surface space, screen doors, and an on-site laundry facility. Current ownership has recently invested significant capital into upgrades including a new roof and an upgraded main sewer line. 1660 Park Avenue is situated in the highly sought-after Park Estates neighborhood of Long Beach. Residents enjoy the property’s prime Long Beach location, with an abundance of hot spots within a 1.5-mile radius of the property. The property is within walking distance of numerous major retail centers surrounding the Los Alamitos Traffic Circle. Additionally, the property is situated in close proximity of both California State University, Long Beach and the Timor Rubin VA Medical Center, two major housing and employment drivers for the city. Furthermore, the property’s close proximity to Recreation Park and the Alamitos Bay provides residents with easy access to an abundance of recreation and leisure activities. The property’s ideal Long Beach location surrounded by an abundance of recreational, educational, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1660 Park Avenue.

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Highlights

Exclusively Two-Bedroom Units Measuring Approximately 839 Square Feet
Amenities Include Garage & Surface Parking as well as an On-Site Laundry Facility, Providing Additional Revenue Streams
Ownership has Recently Invested Significant Capital into a New Roof & an Upgraded Main Sewer Line
Highly Sought-After Park Estates Location
Within Walking Distance of an Abundance of Retail Centers Surrounding the Los Alamitos Traffic Circle
Just Over One-Mile from California State University, Long Beach & the Timor Rubin VA Medical Center

Contacts

Nick Kazemi

The Leeson Group Marcus & Millichap

Location

Getting Around

Walk Score ®
83/100 Very Walkable
Transit Score ®
48/100 Some Transit
Bike Score ®
79/100 Very Bikeable

Map
Street

City Long Beach, CA
Neighborhood Traffic Circle
Zip Code 90815
Market Los Angeles

Points of Interest

Anaheim Street

3.09 miles
5th Street

3.22 miles
Willow Street

3.32 miles
1st Street

3.34 miles
Lakewood Boulevard

8.63 miles
Calico Station

8.73 miles
Camp Snoopy Depot

8.83 miles
Norwalk

8.88 miles

Blink Charging Station

0.24 miles
Vons 3076 Fuel Station

0.30 miles
Arco

0.54 miles
76

0.73 miles
Mobil

0.85 miles
Mobil

1.00 miles
Shell

1.09 miles
Chevron

1.10 miles
Chevron

1.11 miles
76

1.23 miles

G10 lot

0.93 miles
G2

0.95 miles
R2

1.00 miles
parking structure

1.05 miles
Lot G4

1.06 miles
Lot 19

1.07 miles
Lot G7

1.07 miles
Lot G6

1.08 miles
G1

1.08 miles
Lot G8

1.09 miles

Don's Motel

0.21 miles
Marina Motel

0.27 miles
Hotel Current

0.57 miles
Econo Lodge Long Beach I-405

0.77 miles
QueenCity Inn

0.82 miles
Quality Inn Long Beach - Signal Hill 1

1.01 miles
Quality Inn Near Long Beach Airport

1.03 miles
Quality Inn Long Beach - Signal Hill

1.04 miles
Holiday Inn

1.14 miles
Motel 6 Los Angeles - Long Beach

1.19 miles

Beach City Deli & BBQ

0.15 miles
Robeks

0.16 miles
Wingstop

0.18 miles
The Halal Guys

0.18 miles
Jimmy John's

0.19 miles
Chipotle

0.19 miles
Wok n Roll

0.19 miles
Cyclo Noodles

0.20 miles
Char Chicken

0.20 miles
Burger King

0.20 miles

Pacific Coast University School of Law

0.29 miles
Zinsmeyer Academy

0.55 miles
Bryant Elementary School

0.59 miles
Tucker Elementary School

0.60 miles
Bixby Elementary School

0.69 miles
Bethany Church & School

0.71 miles
Long Beach Unified Maintenance

0.73 miles
Nazarene Church & School

0.77 miles
McKenzie Family Music Studio

0.81 miles
Woodrow Wilson High School

0.82 miles

A Village Child Care

0.45 miles
Oak Wood Academy

4.11 miles
injoy life

6.00 miles
Bethany Christian Preschool

7.01 miles
Carden Conservatory

7.52 miles
The Learning Box Childcare & Enrichment Center Inc

8.16 miles
Rancho Los Amigos Daycare

9.50 miles
Tiny Heartz Daycare LLC

9.77 miles

Frequently Asked Questions

How much does 1660 Park Avenue cost?

The space currently listed for sale at 1660 Park Avenue asks for $3,100,000.

What is the total square footage of 1660 Park Avenue?

1660 Park Avenue totals 7,551 square feet.

When was this property built?

1660 Park Avenue was built in 1961.

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