920 Loma Avenue Long Beach, CA $ 2,500,000
920 Loma Avenue
$ 2,500,000
Share Save

920 Loma Avenue

Long Beach, CA, 90804
$ 2,500,000
Baths1.0 Sq 7,597

Monthly Estimate*

$ 15,597

Listed by Marcus & Millichap RE Invest
920 Loma Avenue, Long Beach, CA 90804 - Image 1
920 Loma Avenue, Long Beach, CA 90804 - Image 2
920 Loma Avenue, Long Beach, CA 90804 - Image 3
920 Loma Avenue, Long Beach, CA 90804 - Image 4
920 Loma Avenue, Long Beach, CA 90804 - Image 5
920 Loma Avenue, Long Beach, CA 90804 - Image 6
920 Loma Avenue, Long Beach, CA 90804 - Image 7
920 Loma Avenue, Long Beach, CA 90804 - Image 8
920 Loma Avenue, Long Beach, CA 90804 - Image 9
920 Loma Avenue, Long Beach, CA 90804 - Image 10
920 Loma Avenue, Long Beach, CA 90804 - Image 11
View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $2,500,000 with 1 full bath. This 7,597 square foot home was built in 1964 on a lot size of 0.15.

920 Loma Avenue is an 8-unit multifamily investment property located in the desirable Eastside submarket of Long Beach, California. Constructed in 1964, the 7,597 rentable square foot property consists of six two-bedroom/one-bath units, one two-bedroom/one-bath unit with a den, and one three-bedroom/two-bath townhouse. The unit mix provides a range of living options that appeal to a broad tenant base, from individuals and roommates to families seeking additional space. Residents benefit from on-site amenities including four garages, additional surface parking, and a community laundry facility. 920 Loma Avenue is well positioned in a walkable residential pocket with convenient access to neighborhood amenities. The property sits just blocks from Woodrow Wilson High School and is within close proximity to multiple retail centers offering full-service grocers, dining, and daily services. In addition, tenants enjoy easy access to Recreation Park, one of Long Beach’s premier green spaces, featuring a golf course, tennis courts, and expansive open areas. This blend of residential charm, convenience, and recreational access makes the location especially attractive to long-term renters. The offering of 920 Loma Avenue presents investors with the opportunity to acquire a well-located, stabilized multifamily asset in one of Long Beach’s established rental markets, supported by consistent demand and proximity to employment, retail, and community amenities.

See more

Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1964

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC25216008

Days on Market

99

Features
General
Sewer Public Sewer
Garage Spaces 4
Pool Features None
Year Built 1964
Property Subtype Apartment
Gross Income 196620
Community Features Curbs Gutter(s) Sidewalks
County Los Angeles
Net Operating Income 113726
Operating Expense 77032
Insurance Expense 8000
New Construction false
Property Type Residential Income
MaintenanceExpense 8000
Subdivision Name Circle (CA)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Loma Avenue & East 10th Street
City Long Beach
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 8
MLS Area 3 - Eastside Circle Area
Lot Size Units Acres
Lot Size Square Feet 6534
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 3075
Fuel Expense 3077
Trash Expense 3075
Water Sewer Expense 3075
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 0607
Property Sub Type Additional Apartment
Taxes 31727
Cap Rate 4.55
See more
Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
See more
Exterior
Lot Features Street Level
Water Source Public
Total Parking 8
Lot Size Area 0.15
Number of Buildings 1
Building Area Total 7597
Lot Size Acres 0.15
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
See more
* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

Affordability Calculator

$15,597
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,597
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,500,000 Listed Price

Map


See all

920 Loma Avenue, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,500,000 with 7,597 sqft and a lot size of 0.15. 920 Loma Avenue is a studio with 1.0 baths and was built in 1964. The property's zip code is 90804 which is in Long Beach, CA