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3402 Gundry Ave
Long Beach, CA 90807 Bixby Knolls

$2,895,000 USD

Apartments For Sale • 8,146 SF

Property Details

Property Type Apartments
Total Building Size 8,146 SF
Lot Size 0.28 AC
Building Class C
Year Built 1963
Cap Rate 5.49 %
Zoning LBR1N

45 Transit Score

79 Walk Score

                
                    Highlights
                
                                Attractive Mix of Spacious One & Two-Bedroom Units
                            
                                First Time Available on Market
                            
                                Gated Access to a Spacious & Charming Common Courtyard | On-Site Laundry Facility Provides an Additional Revenue Stream
                            
                                Nine Tuck-Under Parking Spaces with Storage Lockers & a Single-Car Garage with a Tandem Surface Space
                            
                                Unit 2, a Two Bed/One Bath Unit, is to be Delivered Vacant at Closing
                            
                                Current & Potential Storage Spaces can be Utilized for Additional Revenue

Financial Summary (Actual)

Net Operating Income: $158,949 USD (2024)

Cap Rate:	5.49 %
Total Expenses:	$88,201 USD

Amenities

Controlled Access
Courtyard
Fenced Lot
Laundry Facilities
Microwave
Refrigerator
Oven
Range
Tub/Shower
Storage Space

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	2 min	-	1.0 mi
Los Angeles International	26 min	-	19.3 mi
John Wayne/Orange County	28 min	-	21.8 mi

Tyler Leeson 714-713-9086 Marcus & Millichap

3402 Gundry Ave Long Beach, CA 90807 Bixby Knolls