1081 W. Long Beach Blvd., Long Beach, CA
Acquired: January 2016
Urban Village Apartments is a newly built urban apartment community comprising 129 units plus 4,802 square feet of commercial space. The property is located in the dense infill area on a major transportation corridor with proximity to major employers, restaurants, shops, and services in Downtown Long Beach. The transit oriented community features a Metro Blue Line immediately in front and parking reserved for Zipcars in the onsite parking structure. The property enjoys excellent access to growing medical employment centers, including St. Mary’s Medical Center (1,200 employees), Molina Healthcare (1,000 employees), and is 2.4 miles on the Blue Line from Long Beach Memorial Medical Center (5,693 employees).
The property features a swimming pool and spa, fitness center, outdoor barbeques, conference room, business center, clubhouse facilities, and children’s play area. Studio, one-bedroom, and two-bedroom floor plans average 751 square feet. Unit amenities include nine-foot ceilings, central HVAC, washer/dryers, quartz countertops, stainless steel appliances, and polished concrete flooring in select units. The on-site parking garage provides 1.4 spaces per unit.
1825 SOUTH GRANT STREET, SUITE 700 | SAN MATEO, CA 94402 | TEL (650) - 802 - 1800