top of page
Listing Detail

111 West Del Amo Boulevard

Investment Highlights

  • 18-Unit Apartment Building With a Mix of Eight Two-Bedroom/One-Bath Units and 10 One-Bedroom/ One-Bath Units

  • Partially Renovated Asset With 42 Percent Rental Upside

  • Property Boasts a Pool, Garage Parking, On-Site Laundry, Controlled Access, and New Windows

  • Potential Assumable Financing Available: 3.25% Fixed For Approximately Three More Years With a Remaining Balance of $1.902 Million as of February 2023

  • Located in a Strong Rental Market Directly Across From a Middle School and Proximate to the Virginia Country Club

111 West Del Amo Boulevard

Long Beach, CA

Type: Multifamily
Units: 18
List Price: $3,995,000
Price/Unit: $221,944
Price/SF: $322
Cap Rate: 4.16%

Investment Overview

The Bogie Group of Marcus & Millichap is pleased to present to market 111 West Del Amo Boulevard, an 18-unit apartment building in Long Beach, California. This asset presents a great opportunity for an investor to acquire a partially renovated asset in a strong rental market, continue renovating the property, and capture 42 percent rental upside.

111 West Del Amo Boulevard offers a mix of eight two-bedroom/one-bath and 10 one-bedroom/one-bath units and a competitive amenities package that includes a pool, controlled access, laundry facilities, and 12 single-car garages with tandem driveway parking.

The asset boasts several recent improvements, including all new windows, a new pool fence, newer pool equipment, and the recent remodeling of three units with the remodel of a fourth unit currently underway.

The property is in a solid rental location with great visibility along Del Amo Boulevard and proximate to schools; Perry Lindsey Middle School is directly across the street, and Dooley Elementary is just down the block. Additionally, the Bixby Knolls Shopping Center is a mile away, offering tenants easy access to a Vons, ALDI, Marshalls, Starbucks, post office, and more.

Download Offering Memorandum

Exclusively listed by


Steve "Bogie"Bogoyevac

Senior Managing Director Investments

License: CA 01332755

(562) 257-1231


bottom of page