Prevu by reAlpha
BuySellBlogBrowse Listings

920 Loma AvenueLong Beach, CA 90804

For Sale

$2,500,000

Smart Buyer Rebate $25,000

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.

Listed by Tyler Leeson

·

License #01451551

·

Marcus & Millichap RE Invest

·

tleeson@marcusmillichap.com

Last updated November 25, 2025

·

Source: CRMLS #OC25216008

Listing Facts

  • TypeMulti-family
  • NeighborhoodRecreation Park
  • Days on Prevu89

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$2,500,000
10/22/2025
Status changed to Removed from Feed
$2,500,000
10/05/2025
Status changed to Active
$2,500,000
10/03/2025
Status changed to Removed from Feed
$2,500,000
09/21/2025
Status changed to Active
$2,500,000
09/20/2025
Status changed to Removed from Feed
$2,500,000
09/12/2025
Listed by Marcus & Millichap RE Invest
$2,500,000

Property Details for 920 Loma Avenue

Association

Amenities

  • Community Features: Curbs, Gutter(s), Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 2
  • Year Built: 1964
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: First level

Measurements

  • Building Area Total: 7,597
  • Building Area Units: Square Feet
  • Lot Features: Street Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,534
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 4.55
  • Gross Income: $196,620.00
  • Operating Expense: $77,032.00

Taxes

  • Parcel Number: 7254014007

Other

Location

  • Subdivision Name: Circle (CA)
  • Tax Lot: 0607

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Total: 8

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 920 Loma Avenue.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 920 Loma Avenue.

How does 920 Loma Avenue compare to other multi-family homes in Recreation Park?

This multi-family home is listed 9% above the average price for multi-family homes in Recreation Park and has been on the market for 20 less days than the typical home in this area.

920 Loma Avenue is a -bedroom multi-family home for sale in Long Beach CA 90804. Listed on Prevu for 89 days at $2,500,000. This residence is located in Recreation Park. The median listing price for multi-family homes in this area is $1,750,000. Additional amenities include parking. Browse more multi-family home listings in Long Beach.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.