Magnolia Apartments 1153-1161 Magnolia Ave 28 Unité Immeuble d’appartements 9 394 431 $ CAD (335 515 $ CAD/Unité) 6,02% Taux de capitalisation Long Beach, CA 90813

153-1161 Magnolia Avenue offers investors the opportunity to acquire a stabilized 28-
unit apartment community that generates attractive day-one cash flow while providing meaningful long-term rental upside. Unlike many value-add investments that require significant renovation capital, the property delivers strong in-place income with the opportunity to increase revenues through natural tenant turnover and disciplined asset management.
The property’s balanced unit mix, attractive central courtyard, fourteen private garages, and on-site laundry facilities create a highly desirable living environment that supports tenant retention while providing additional income opportunities.
Located in one of Southern California’s strongest rental markets, the property benefits
from Long Beach’s expanding aerospace, healthcare, logistics, and technology sectors, creating long-term demand for quality workforce housing. Combined with strong current returns, modest rental upside, and limited operational risk, Magnolia Avenue represents
an exceptional opportunity for investors seeking both dependable income and future appreciation.