Long Beach, California!
Welcome to our exciting new apartment project
Introducing 923 and 927 Long Beach Boulevard that is entitled to build a 75 unit apartment complex, a modern, luxurious, and vibrant community that offers an unparalleled living experience for all.
learn about Us
Welcome to 923 Long Beach Blvd
This development project is located in a highly desirable area known for its strong demand for rental properties and close to major transportation routes, St. Mary Medical Center, City Place shopping center, dining options, entertainment including Aquarium of the Pacific, and employment centers, making it an attractive choice for renters. This location offers excellent connectivity to downtown Long Beach, neighboring cities and beyond.
The project offers the investor/developer an opportunity to acquire a development project that eliminates any entitlement risk, thus saving money by reducing carrying costs.
923 and 927 Long Beach Blvd property is offered at $3.3 mil with an entitlement of constructing 75 units apartment which is centrally located on Long Beach Blvd in Long Beach.
Structural engineering, T24, Plumbing and Electrical are not included in this proposal.
Estimated value of the property upon completion: $40 million.
Pro Forma Rent
Studio Type A $2,200 x6
$13,200
Studio Type B $2,3000 x 4
$9,200
Studio with Loft $2,500 x 1
$2,500
1 Bedroom $2,700 x 45
$121,500
1 Bedroom with Loft $2,900 x8
$23,200
2 Bedroom Type A $3,300 x 5
$16,500
2 Bedroom Type A with Loft $3,500 x 1
$3,500
2 Bedroom Type B $3,600 x 4
$14,400
2 Bedroom Type B with Loft $3,700 x 1
$3,700
Pro Forma Gross Income
Monthly Pro Forma Income
$207,700
Annual Pro Forma Income
$2,492,400
Expenses such as property taxes, utilities, property management fee: To be Determined.
** 4 Units (one studio and three one-bedroom units) should be allocated for low-income households and the rent is 50% of the market rent. **
Plans
Floor plans
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
1 Bedroom (Total 53 units)
1A 708 sq. ft.
15 units
1A Loft w/Mezzanine
3 units
1B 690 sq. ft.
5 units
1C 700 sq. ft.
4 units
1C Loft w/Mezzanine
1 unit
1D 716 sq. ft.
4 units
1D w/Mezzanine
1 unit
1E 713 sq. ft.
17 units
1E Loft w/Mezzanine
3 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
Studio (Total 11 units)
SA 450 sq. ft
6 units
SB 441 sq. ft.
4 units
SB Loft w/ Mezzanine
1 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
Studio (Total 11 units)
SA 450 sq. ft
6 units
SB 441 sq. ft.
4 units
SB Loft w/ Mezzanine
1 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
1 Bedroom (Total 53 units)
1A 708 sq. ft.
15 units
1A Loft w/Mezzanine
3 units
1B 690 sq. ft.
5 units
1C 700 sq. ft.
4 units
1C Loft w/Mezzanine
1 unit
1D 716 sq. ft.
4 units
1D w/Mezzanine
1 unit
1E 713 sq. ft.
17 units
1E Loft w/Mezzanine
3 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
1 Bedroom (Total 53 units)
1A 708 sq. ft.
15 units
1A Loft w/Mezzanine
3 units
1B 690 sq. ft.
5 units
1C 700 sq. ft.
4 units
1C Loft w/Mezzanine
1 unit
1D 716 sq. ft.
4 units
1D w/Mezzanine
1 unit
1E 713 sq. ft.
17 units
1E Loft w/Mezzanine
3 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
1 Bedroom (Total 53 units)
1A 708 sq. ft.
15 units
1A Loft w/Mezzanine
3 units
1B 690 sq. ft.
5 units
1C 700 sq. ft.
4 units
1C Loft w/Mezzanine
1 unit
1D 716 sq. ft.
4 units
1D w/Mezzanine
1 unit
1E 713 sq. ft.
17 units
1E Loft w/Mezzanine
3 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
2Bedroom (Total 11 units)
2A 938 sq. ft.
5 units
2A Loft w/Mezzanine
1 unit
2B 992 sq. ft.
4 units
2B Loft w/Mezzanine
1 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
2Bedroom (Total 11 units)
2A 938 sq. ft.
5 units
2A Loft w/Mezzanine
1 unit
2B 992 sq. ft.
4 units
2B Loft w/Mezzanine
1 unit
Featuring 75 units of thoughtfully designed living spaces, this project offers a wide range of floor plans to suit every lifestyle, from cozy studios to spacious two-bedroom apartments. Some units have a loft with mezzanine.
Grand Total - 75 units
4 Units (one studio and three one-bedroom units) should be allocated for low-income households and the rent is 50% of the market rent.
Plans
Apartment Plans
- 1st Floor
- 2nd Floor
- 3rd Floor
- 4th & 5th Floor
- 6th Floor
- Roof Plan
amazing features
Our Apartments Amenities
Our apartments are designed with your lifestyle in mind, offering modern finishes, spacious layouts, and plenty of natural light. With thoughtfully designed communal spaces, residents will enjoy a contemporary fitness center, a serene courtyard with outdoor seating and BBQ area, separate storage spaces, and ample parking for residents and guests. The project also includes environmentally conscious features, such as energy-efficient lighting, sustainable landscaping, and water-saving fixtures, aligning with the city’s commitment to sustainability.” This apartment has a fitness gym, indoor parking, outdoor space with BBQ, Bike parking, extra storage, and a playground.
Indoor Parking
Playground for kids
Outdoor space with BBQ area
Modern Fitness Center
Video Presentation
Why should you invest in Multi-family in Long Beach?
CONTACT US
We Would Love To Hear From You!
Don’t hesitate to get in touch with us. We value your input and look forward to hearing from you.
