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495 N Promenade
Long Beach, CA 90802

CityPlace · Multifamily Property For Sale · 20 Units

Investment Highlights

  • Brand-new 2022 construction mixed-use building with 20-units and ±5,621 SF of ground-floor retail in the heart of prime Downtown Long Beach
  • Luxury units featuring designer kitchen, hardwood flooring, stainless steel appliances, in-unit W/D, recessed lighting, balconies, and more
  • Walking distance to countless amenities including the city’s most famous shopping, dining, trendy bars, hotels, beaches, and entertainment venues
  • Strong unit mix of (4) 1+1, (15) 2+2, and (1) 3+3 townhome style unit with two entires
  • ±5,621 SF of ground-floor retail with high ceilings and suitable for a variety of tenants
  • Located in the highly sought-after market of Downtown Long Beach, which is a dynamic and hip neighborhood to live, work, eat, play and shop

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 0.29 AC
Building Size 35,429 SF
No. Stories 4
Year Built 2022

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Kitchen
  • Hardwood Floors
  • Intercom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+2 15 - -
3+3 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7280-005-064
Land Assessment
$3,900,000
Improvements Assessment
$7,000,000
Total Assessment
$10,900,000

zoning

Zoning Code PD30
PD30
  • Listing ID: 29158342

  • Date on Market: 8/1/2023

  • Last Updated:

  • Address: 495 N Promenade, Long Beach, CA 90802

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