920 Loma Ave Long Beach, CA 90804
Recreation Park NeighborhoodEstimated payment $15,820/month
Highlights
- Laundry Room
- Woodrow Wilson High School Rated A
- Level Lot
About This Home
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.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 09/12/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1964
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,597 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 0607
- Tax Tract Number 577000
- Assessor Parcel Number 7254014007
- $1,721 per year additional tax assessments
Community Details
Overview
- 8 Units
- Circle Subdivision
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,075
- Fuel Expense $3,077
- Insurance Expense $8,000
- Maintenance Expense $8,000
- Professional Management Expense $9,712
- Trash Expense $3,075
- Water Sewer Expense $3,075
- New Taxes Expense $31,005
- Operating Expense $76,340
- Gross Income $200,220
- Net Operating Income $117,909
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $2,500,000 | -- | $329 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25216008
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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