Acquired off-market in June 2023, Bluff & Oak at 3020 E. 3rd Street in Long Beach, Calif., is a pristine 12-unit apartment building in the prime submarket of Bluff Heights.
Situated 3 blocks from the Pacific Ocean, this asset has been meticulously renovated,fully leased, and offers the combination of strong cash-flow and long-term appreciation plus the opportunity to add further value with ready to issue building permits to add 3 additional apartments.