920 Loma Avenue, Long Beach, CA 90804

$2,150,000

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Sold Price
$2,150,000
List Price
$2,275,000
Closing Date
Apr 28, 2026
Status
CLOSED
MLS#
OC25216008
Year Built
1964
Lot Size
6,534
Acres
0.15
Lot Location
Street Level
Days on Market
169
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Circle (Ca)

Property Description

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.

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$195,420
Operating Expense
74177

Listing courtesy of Listing Agent: Tyler Leeson (tleeson@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

Listing sold by Anthony Walker from Buckingham Investments, Inc

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.