1225 Bennett Avenue
Long Beach, CA 90804
Map
- – beds
- – baths
- – sqft
- 12,065 sqft lot
- 1987 build
- – on site
1225 Bennett Avenue presents a rare opportunity to acquire a well-maintained 17-unit apartment building in a prime East Long Beach location. Built in 1987 and situated on a sizable 12,065 SF lot, this 16,503 SF, three-story property offers a highly desirable unit mix and significant rental upside in one of the strongest rental submarkets in the area. The building features (4) 2-bedroom, 2-bath units, (11) townhome-style 2-bedroom, 2.5-bath units, and (2) studio lofts—designed to attract a diverse tenant base seeking spacious, functional living space. With a current CAP rate of 3.52% and a projected proforma CAP of 7.00%, the property offers approximately 60% upside in rents, making it a compelling value-add opportunity for investors. On-site amenities include aparking garage with 32 spaces and (2) shared laundry rooms. Priced at $302K per unit and $312 per square foot, the asset is competitively positioned within the market. Ideally located in East Long Beach, the property is just blocksfrom Recreation Park Golf Course and less than two miles from the Long Beach Traffic Circle—home to some of the city’s best retail, dining, and entertainment. Whether you're looking to stabilize a well-located asset or reposition it for stronger returns, 1225 Bennett Avenue offers a rare chance to invest in a quality multifamily property with built-in upside.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 6, 2025
•
MLS# PW25125963 —
The Building
-
Year Built:1987
-
Year Built Source:Assessor
-
New Construction:No
-
Building Area Total:16503.00
-
Building Area Units:Square Feet
-
Total Number Of Units:17
-
# of Buildings:1
-
Stories Total:3
-
Entry Level:1
-
Common Walls:2+ Common Walls
-
# of Separate Gas Meters:18
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:18
Interior
-
Entry Location:Front Door on Bennett Ave
-
Laundry:Community
-
Laundry:1
Location
-
Directions:On the corner of E Anaheim Street and Bennett Ave
-
Latitude:33.78225000
-
Longitude:-118.14284300
The Property
-
Property Type:Residential Income
-
Subtype:Commercial/Residential
-
Zoning:LBCCN
-
Lot Features:16-20 Units/Acre
-
Lot Size Area:12065.0000
-
Lot Size Dimensions:12065
-
Lot Size Acres:0.2770
-
Lot Size SqFt:12065.00
-
Lot Size Source:Assessor
-
Lot Dimensions Source:Assessor
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:5770.00
-
Tax Tract:577...
-
Tax Lot:23
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:7241008002
-
Showings Begin:2025-06-05
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Subdivision:Circle (CA)
-
Subdivision:Circle (CA)
-
Features:Biking
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
Parking
-
Parking:Yes
-
Parking:Garage
-
Parking Spaces:32.00
-
Garage Spaces:32.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/5/25
Jun 5, 2025
|
Listed / Active | CRMLS_CA | $5,150,000 |
