Income and expenses
Review the rent roll, collections, concessions, utilities, insurance, taxes, repairs, payroll, and other recurring operating costs before normalizing NOI.
Southern Los Angeles County · Multifamily & commercial
Long Beach
Apartment building sales, commercial property guidance, and confidential valuation strategy for Long Beach owners, organized around the property, the block, and the decisions that affect a sale.
Own property in Long Beach?
Start with value, or a direct conversation.
Confidential · No obligation · Property-specificOwner intelligence
Questions this market page will answer.
- 01
What would informed buyers underwrite for my building today?
- 02
Which sales are genuinely comparable to my property and location?
- 03
Would preparation, a private process, or broad market exposure best fit my goals?
Local coverage
Open a local guide for owner considerations and official planning resources.Verified sales with the methodology and context that make them relevant
Current inventoryBuyer alternativesApproved public listings and competing opportunities in the market
Current opportunities
Multifamily property in Long Beach.
We lead with 5+ unit properties. When local inventory is limited, relevant 2–4 unit opportunities appear next.
Price, units and basic physical facts only · No estimated financials
Brokerage inventoryactive
1211 Magnolia Ave, Long Beach, CA 90813
Long Beach, CA
- Price
- $3,200,000
- Units
- 16
- Price / unit
- $200,000
- Building
- 10,900 SF
Brokerage inventoryactive
1940 Chestnut Ave, Long Beach, CA 90806
Long Beach, CA
- Price
- $3,125,000
- Units
- 14
- Price / unit
- $223,214
- Building
- 9,437 SF
Brokerage inventoryactive
939 Pacific, Long Beach, CA 90813
Long Beach, CA
- Price
- $2,730,000
- Units
- 13
- Price / unit
- $210,000
- Building
- 7,836 SF
Brokerage inventoryactive
1885 Locust, Long Beach, CA 90806
Long Beach, CA
- Price
- $2,580,000
- Units
- 13
- Price / unit
- $198,462
- Building
- 8,264 SF
Brokerage inventoryactive
1512 Sherman Pl, Long Beach, CA 90804
Long Beach, CA
- Price
- $2,800,000
- Units
- 11
- Price / unit
- $254,545
- Building
- 9,320 SF
Brokerage inventoryactive
1950 Pacific, Long Beach, CA 90806
Long Beach, CA
- Price
- $2,300,000
- Units
- 11
- Price / unit
- $209,091
- Building
- 8,591 SF
Long Beach valuation
What can materially change the value?
Long Beach is not one uniform apartment market. Building size, unit mix, tenancy, condition, parking, permitted improvements, coastal or historic constraints, and the immediate submarket can change both value and the likely buyer pool. A useful valuation should connect those property facts to current evidence instead of applying one citywide average.
Unit mix and tenancy
Compare unit sizes, current rents, lease terms, vacancy, tenant history, and operational upside without assuming every theoretical increase is achievable.
Physical condition
Separate routine maintenance from near-term capital needs involving roofs, plumbing, electrical systems, foundations, interiors, and common areas.
Location and property context
Consider the block, parking, transit, neighborhood demand, historic status, coastal considerations, and how buyers distinguish nearby submarkets.
Permitted potential
Evaluate zoning, existing permits, unused space, and possible ADU or redevelopment paths with the appropriate city and professional review.
Buyer and financing reality
Test the price against current debt costs, lender underwriting, investor return requirements, comparable offerings, and the depth of the likely buyer pool.
Sale strategy
Three possible starting points.
No single marketing process is right for every owner or property.
- 01
Prepare first
Resolve documentation, presentation, deferred maintenance, or operating questions before exposing the property to buyers.
- 02
Private outreach
Approach a controlled group of qualified buyers when confidentiality matters more than broad price discovery.
- 03
Broad market process
Create wider exposure and clearer price discovery with coordinated materials, buyer follow-up, and an organized offer process.
Owner preparation
A useful first review starts with a few reliable facts.
You do not need a complete due-diligence room to start a conversation. These records simply make the initial analysis more informative.
Request a confidential valuation- 01Current rent roll and lease summary
- 02Trailing 12-month income and expenses
- 03Recent capital improvements and major repairs
- 04Utility, insurance, and property-tax information
- 05Known permits, plans, notices, and inspection records
- 06Existing loan terms and preferred sale timing
Connected coverage
Long Beach first, without drawing an artificial boundary around opportunity.
A buyer evaluating a Long Beach property routinely cross-shops these neighboring cities too, and comparable sales from any of them can be relevant to value.
Owner questions
Frequently asked questions.
How is a Long Beach apartment building valued?
A broker valuation typically reconciles income-based measures such as NOI, cap rate, and GRM with price per unit, price per square foot, physical condition, tenancy, financing conditions, and genuinely comparable sales. The relevant evidence depends on the specific building and submarket.
Can I request a valuation without committing to sell?
Yes. The website’s valuation request is designed as a confidential, no-obligation first step. It authorizes a response about that request but does not automatically enroll the owner in marketing email or SMS.
Should an apartment building be sold privately or broadly marketed?
The right approach depends on confidentiality, timing, property readiness, buyer depth, and the owner’s need for price discovery. A private process can reduce exposure; a broad process can create more market feedback and competition.
Does Almengor CRE Group only handle multifamily property?
The practice is multifamily-led and can also evaluate mixed-use, retail, office, land, and other commercial assignments when the property and strategy fit.
Which areas around Long Beach are covered?
The broader website architecture includes Long Beach, Lakewood, Signal Hill, Cerritos, Downey, Compton, Carson, the South Bay, Greater Los Angeles, and additional Southern California markets.
Primary sources
Verify property-specific rules at the source.
These links are starting points, not legal, tax, zoning, engineering, or entitlement advice.
Open 2 official resources
City of Long Beach Planning Bureau
Official zoning, planning, historic-preservation, development, and property-research starting points.
Open official sourceLong Beach ADU planning bulletin
Current City guidance for reviewing ADU and JADU projects under applicable law. Requirements can change and should be verified for the specific property.
Open official source