3301 ARTESIA BLVD, LONG BEACH, CA 90805

• (2) Buildings: (1) Front House & (1) 8-Unit | Approx. (20) Total Parking Spaces
• Strong In-Place Income – 6.48% CAP | 10.23 GRM
• Low Cost Per Unit: $250k/Unit

Executive Summary

3301 E Artesia Blvd offers a compelling opportunity to acquire a 9-unit multifamily asset in the heart of North Long Beach, a submarket experiencing steady tenant demand and ongoing revitalization.
The property is comprised of two buildings: a standalone 3-bedroom/2-bath front house and a rear 8-unit structure with a mix of five 2-bedroom/1-bath units and three 1-bedroom/1-bath units. It includes 20 total parking spaces, a nice feature in this dense rental pocket.
Built in 1952, the asset delivers immediate cash flow with a strong in-place 6.48% CAP and 10.23 GRM. Market projections indicate further upside, with a 8.04% market CAP and 8.76 GRM achievable through modest rent increases. Priced at just $250K, per unit, the offering presents an attractive cost basis with room for growth.
Centrally located with quick access to the 91 and 710 freeways, 3301 E Artesia Blvd is well-positioned to benefit from Long Beach’s continued growth in population, infrastructure, and housing demand.
For investors seeking day-one income with long-term upside potential, this is a valuable opportunity in a high-demand rental corridor.