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  • $7,400,000
  • Active Status
    • 0 Beds
    • 0 Baths
    • 16685.00 squareFoot
    • 1964 Year Built
  • flat fee real estate, redefy, home for sale, 1751 Loma Avenue Long Beach, CA 90804, sell your home for 3500
Listing Provided Courtesy of: Keller Williams Pacific Estates

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Property Details for 1751 Loma Avenue, Long Beach, CA 90804

The Loma View Apartments, located at 1751 Loma Avenue, is a 24-unit value-add asset in the Eastside/Traffic Circle area, a central, accessible and highly-sought-after rental location in Long Beach. The balcony-style building offers a mix of sizable (4) three-bedroom/two-bathroom, (10) two-bedroom/two- bathroom, (8) two-bedroom/one-bathroom and (2) one-bedroom/one-bathroom units with on-site laundry, ample parking and a community swimming pool. Located in a convenient and accessible location with a changing demographic. This demographic is looking for higher-end amenities found in the brand new buildings in Downtown Long Beach and near the shoreline, but with the accessibility of the Traffic Circle location and its close proximity to major thoroughfares leading to nearby employment opportunities and retail amenities for daily errands and living needs. This is an excellent repositioning opportunity to capture a more affluent demographic. The existing pool area and central courtyard area provides an excellent opportunity for repositioning to appeal to this more affluent demographic coming into the area. In addition to the community areas, one unit has been fully renovated to demonstrate the potential for upgrading all units to capitalize on the area's increasing market rents. The Loma View Apartments offers investors a rare opportunity to own a value-add asset with 20%+/- rental upside potential in a rapidly developing and central submarket.

  • MLS #: PW19086545
  • County: Los Angeles
Features for 1751 Loma Avenue
Interior Features
Bedroom Information:
  • # of Bedrooms: 0
Bathroom Information:
  • # of Bathrooms: 0
Property/Lot Details
Lot Details:
  • Lot size: 16685.00 squareFoot
Commuting for 90804
Average Travel Time to Work
28 min.
Number who Drive/Carpool
13,604
Number who Walk/Bike/Other
801
Number who use Public Transportation
1213
Home Data for 90804
Current Number of Houses for Sale
36
Median Home Sale Price
$360,000
Annual Residential Turnover
22.33%
Average Property Tax
$2,954
Average Rent Data for 90804
Average Rent Studio
$947
Average Rent One Bedroom
$1,154
Average Rent Two Bedroom
$1,490
Average Rent Three Bedroom
$2,009
Average Rent Four Bedroom
$2,227
Community Demographics for 90804
Population by Age

Median Age
31.94
Average Household Size
2.72
Education Data for 90804
Highest Level Attained

School Details
Nearby Cities
Nearby Zips

If you also need to sell your home, Redefy will sell your home for a flat fee of only $3500. With our flat fee real estate model, we can sell your home for a flat rate while providing all the same services as a traditional agent such as marketing, advertising, MLS listings, yard signs, lock boxes and more. Find out more about how we can sell your home for for $3500.

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