Long Beach, California

The average multifamily rent located within 10 miles of Long Beach when looking at December 2014 is $1508. Also, as of that date, on average $1235 a month is what one bedroom apartments go for in Long Beach. On average $1639 a month is what two bedroom apartments go for. As of December 2014, when you look at the average multifamily rent over the past 6 months for Long Beach California, there has been an increase of $35.50. This is a 2% increase. $6.50 or one percent is the increase of one bedroom multifamily units and $66.50 or 4% is the increase of two bedroom multifamily units.

As of February 15, 2015, the median asking price per unit for apartment properties has risen 4.3 percent according to current Long Beach marketing trends data. This is compared to the past 3 months, where there was an increase of 12.4% when you compare to the previous year’s pricing.

Long Beach, a city in California located in Los Angeles County, is right on the Pacific coast of America. It is also the 36th biggest city in America and for California the 7th biggest. 462,257 was the population in 2010. For the Greater Los Angeles Area, Long Beach is the second biggest city. For America, Long Beach is a maritime center. America’s second busiest container port as well as one of the globe’s biggest shipping ports is the Port of Long Beach.

A source to get some information on the Long Beach multifamily market is The Apartment Association, California Southern Cities – www.apt-assoc.com

To look for Long Beach apartment buildings for sale, go to http://www.loopnet.com/Apartment-Buildings-For-Sale/. Also, for another source to find out more about apartment real-estate in Long Beach, go to http://www.biggerpockets.com/

Apartment Loan Store is proud to serve the entire Long Beach area:

• Signal Hill, CA
• Seal Beach, CA
• Rossmoor, CA
• Lakewood, CA
• Carson, CA
• West Carson, CA
• Los Alamitos, CA
• Lomita, CA
• Hawaiian Gardens, CA
• Paramount, CA
• Bellflower, CA
• Compton, CA
• Artesia, CA
• Cypress, CA
• Cerritos, CA