Robert Stepp

412 Rose Place is a well-maintained 4-unit apartment property located in the heart of Long Beach’s iconic 4th Street / Retro Row district.The property offers (2) 2 BD/1.75 BA with a den floorplans and (2) 2 BD/1 BA with den floorplans as well as a common rear patiofor tenants to enjoy. A separate laundry room provides potential extra income. Additionally there is an opportunity to acquire

721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.67% cap rate on current rents. The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new

30 W. 49th Street is a 12-unit stabilized investment opportunity in North Bixby Knolls, offered at a 5.97% cap rate on current rents.The controlled-access building features mostly two-bedroom units (11 of the 12) and a convenient one-to-one parking ratio. Additional income is generated from on-site laundry facilities. Recent capital improvements include a new roof and new windows throughout,

636 Linden Avenue is a 20-unit apartment asset located in vibrant East Village Arts District, Downtown Long Beach. The asset is priced at just $167,500 per unit, 9.71 GRM and 6.16% cap rate at current rents.The property is comprised of all studio units, with 17 of the 20 units fully renovated with new flooring and upgraded kitchens and baths. The secured-access building features upgraded

463 W. 6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.38% cap rate and a 9.99 GRM based on current rents, the property offers strong in-place income with additional upside potential. The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2) 1-bed/1-bath units and (6) studio

426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.62%cap rate and 9.79 GRM based on current rents, the asset offers strong in-place income with additional upside.The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly

Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the highly sought-after Belmont Shore rental submarket of Long Beach. Attractive assumable financing is available at 2.97% with 60% LTV through 2030. The property consists of all 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and inviting common

421 Rose Place is a well-maintained 4-unit apartment propertylocated in the heart of Long Beach’s iconic 4th Street / Retro Rowdistrict.Each unit offers a desirable two-bedroom, one-bathroom floorplan with a den. All apartments are equipped with in-unitwasher/dryers, a sought after amenity that supports higherrental demand. New windows have been installed throughout

420 Rose Place is a well-maintained 4-unit apartment propertylocated in the heart of Long Beach’s iconic 4th Street / Retro Rowdistrict.Each unit offers a desirable two-bedroom, one-bathroomfloor plan with a dedicated dining room. All apartments areequipped with in-unit washer/dryers, a sought after amenity thatsupports higher rental demand. Additional features include