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Investment Highlights
- ADU Plans Approved for (2) 2 Bed/2 Bath & (4) 1 Bed/1 Bath Units- Shovel Ready!
- Ample Parking with (6) Garages & (2) Uncovered Spaces
- No Rent Control (Only AB-1482)
- Rare Cottage-Style, Single-Story Construction
- Unit Mix: (10) Large 1 Bedroom/1 Bath Units
- Strong In-Place CAP Rate with Upside Potential
Executive Summary
The Swanson Apartment Team is pleased to present The Wilton Courtyard, a 10-unit multifamily investment opportunity located at 3245–3301 E Wilton Street in Long Beach’s highly desirable Eastside submarket. A key value-add component is the property’s approved ADU plans for 6 additional units, providing an investor with a shovel-ready development opportunity and the potential to expand the asset to 16 total units.
The existing 10-units offers a stable in-place multifamily investment with additional upside through the execution of the approved ADU plans. The combination of existing cash flow and a defined unit-addition strategy provides investors with an opportunity to increase unit count, enhance overall income, and create additional value through the expansion of the existing asset.
The Wilton Courtyard is strategically positioned near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach—established areas that benefit from strong renter demand and proximity to the coast. Residents enjoy convenient access to restaurants, retail, entertainment, parks, and recreation, with the beach just minutes away.
The property also offers excellent regional connectivity via the 405 and 710 Freeways, providing convenient access throughout Long Beach, Los Angeles, and Orange Counties. With 10 existing units, approved plans for 6 additional ADUs, and a strong coastal Long Beach location, The Wilton Courtyard presents investors with an opportunity to acquire an existing income-producing asset with a clearly defined path to increasing density and long-term value.
The existing 10-units offers a stable in-place multifamily investment with additional upside through the execution of the approved ADU plans. The combination of existing cash flow and a defined unit-addition strategy provides investors with an opportunity to increase unit count, enhance overall income, and create additional value through the expansion of the existing asset.
The Wilton Courtyard is strategically positioned near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach—established areas that benefit from strong renter demand and proximity to the coast. Residents enjoy convenient access to restaurants, retail, entertainment, parks, and recreation, with the beach just minutes away.
The property also offers excellent regional connectivity via the 405 and 710 Freeways, providing convenient access throughout Long Beach, Los Angeles, and Orange Counties. With 10 existing units, approved plans for 6 additional ADUs, and a strong coastal Long Beach location, The Wilton Courtyard presents investors with an opportunity to acquire an existing income-producing asset with a clearly defined path to increasing density and long-term value.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,851,510 CAD | Status | Active |
| Price / SF | $754.90 CAD / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 5.25% | Total Building Size | 5,102 SF |
| Sale Type | Investment | Total Land Area | 0.30 AC |
| Price | $3,851,510 CAD |
| Price / SF | $754.90 CAD / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 5.25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,102 SF |
| Total Land Area | 0.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3301 E Wilton St, Long Beach, CA 90804 | Multifamily | 2,551 SF | 1955 | - |
| 3245 E Wilton St, Long Beach, CA 90804 | Multifamily | 2,551 SF | 1955 | - |
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