Patel CRE Group

🔑 New Off-Market Multifamily Opportunity — Now Available! ✨

📍 30 W. 49th St, Long Beach

We’re excited to present a stabilized 12-unit apartment building in North Long Beach offering investors:

✔️ 6.1% Cap Rate
✔️ 10.63 GRM
✔️ Majority 2-bedroom units (11 of 12)
✔️ Gated parking with one-to-one spaces
✔️ Laundry income
✔️ Building upgrades: new roof, new windows, and completed SB 721 balcony inspection

📏 Building: 8,692 SF
📐 Lot: 10,076 SF

A strong cash-flow opportunity in a desirable rental corridor.

For details or to schedule a tour, reach out anytime.

Jack Patel
Sage Real Estate
Dre:01941349
213-453-2572
[email protected]

📣 Just Sold in Signal Hill!

Proud to announce the successful sale of 1940 Freeman Ave, a 7,740 sq ft industrial building sitting on a 13,502 sq ft lot.

Final sales price: $1,775,000 — that’s $425,000 off the listing price, plus seller financing secured for the buyer.

How we got this deal across the finish line:

The seller inherited the property and needed to sell in order to purchase their dream home out of state. On the other side, the buyer was searching for a value-add industrial building where he could park and operate his tree-trimming trucks.

The challenge?

Both existing tenants were paying far below market rent, and both leases were locked in until March 2026—making repositioning difficult.

Our solution:

We negotiated a significant price reduction and structured seller financing to make the deal viable for both parties. This strategy ultimately brought the transaction together.

The result:

✔ Seller received the down-payment funds needed to secure their new home
✔ Buyer obtained favorable financing and a strong value-add asset to reposition

If you’re thinking of selling, buying, or considering a 1031 exchange, I’d be happy to walk you through the right strategy for today’s market. Send me a message anytime.

Just Sold!

4 units in the City of San Pedro.

My client entrusted me to help him find his first investment property, which had to have majority of vacant units, so he could implement his renovation plan. Also, he needed something asap so he could take advantage of his tax strategy for this year.

In the end I help him secure a great 4 unit property with 3 units vacant and San Pedro.

Great win and property for my client to start his real estate investing journey.

If you or anyone you may know is looking to start their real estate investment journey and has questions on how start, feel free to reach.

Jack Patel
Patel CRE Group
Dre:01941349
Realty ONE Group United Downey
PatelCreGroup.com
213-453-2572

Patel CRE Group Commercial real estate broker