Jason Anderson

Back on the market! Seller motivated and ready for your offer! Fully leased 10 unit apartment complex, all 2 bed 1 bath units! Apartment building is currently undergoing extensive California SB-721 compliance renovations to elevated walkways and balconies. All buildings starting in 2025 in California will have their balconies and elevated walkways inspected. Many will require extensive rebuilds. Avoid the headache by buying an apartment complex that is having it all done pre-emptively and professionally by a structural engineering firm and licensed decking company. Currently, the property generates a gross rent of $194,000 per year. However, there is considerable room for growth by adjusting rental rates to align with the current market value. Configuration may even present a condo conversion (buyer to verify), allowing the right investor to capitalize on the rising demand for affordable homeownership options in the area. Substantial capital improvements have been recently completed, including the current project. These enhancements include major plumbing overhauls, including the installation of a new sewer line. Additionally, a new fire alarm system, video surveillance system, and upgraded water heaters have been implemented, enhancing security, and overall resident comfort. Long Beach, a thriving multi-family submarket within the Los Angeles metro area, boasts an impressive vacancy rate of only 3.8% as of Q1 2023. Additional Advantages: A notable advantage of this property is its fully secured and gated 17-car parking garage an exceptional feature that is rarely found in this locale. The information provided is based on estimates and should be independently verified. This property is being offered as part of a 1031 Exchange. Building is offered in AS IS condition. OM in Docs/Attachments

I’m a residential real estate specialist serving the South Bay, Palos Verdes, Long Beach, and surrounding communities. I focus on guiding buyers and sellers with clear strategy, strong negotiation, and a step-by-step approach that removes uncertainty from the process. Whether you’re purchasing your first home or preparing to sell, my goal is simple: help you make confident, well-informed decisions that protect your investment and maximize your results.

Ryan Crabtree

A 20-year real estate veteran focusing on helping the individuals and families of Southern California navigate the real estate market.  Whether buying or selling, trust experience.  My expertise is residential real estate and multi-family investments.  

Trevor Laramee

Rick Warner is a Vanguard Properties Top Producer, founder of The We Group, Certified Probate and Trust Specialist and Certified Residential Real Estate Divorce Specialist serving Petaluma, Santa Rosa, Novato, Rohnert Park, San Rafael and communities throughout Sonoma and Marin Counties. With more than 22 years of experience, 500+ confirmed transactions totaling more than $351 million in closed sales, and 130+ five-star client reviews, and recognition as a Top 1% REALTOR® since 2014, Rick specializes in probate, trust, and divorce-related real estate while also helping buyers, sellers, investors, and luxury clients achieve successful outcomes through strategic guidance, skilled negotiation, and exceptional service.


Jason Anderson

About Jason Anderson

Contact Agent

Recent property sales & transaction history

1 properties

Long Beach

Family Home

$2,800,000

8,000 ft²

Properties for sale by listing agent Jason Anderson

$2,799,000

Similar real estate agents nearby