Market Information About Willmore Neighborhood Long Beach
Willmore neighborhood Long Beach is an eclectic and diverse community in California. It is one of the oldest historic neighborhoods in Long Beach and features the most significant number of turn-of-the-century homes, which were constructed during a time of prosperity and growth. However, as the city progressed, Willmore became more densely populated, and apartments gradually replaced large-family homes. Multi-Family homes for sale in Willmore are pretty popular among real estate investors. According to data provided by Newmark Group Inc., the percentage of apartment units in Long Beach occupied during the third quarter of 2021 was 97.1%, marking the highest level of occupancy seen in the city in the previous 11 years. As a result, several real estate buyers have been drawn to apartment buildings in Willmore and other areas of Long Beach. This is because apartments generate a consistent cash flow over time due to multiple units on the property, all of which can be rented out individually. Moreover, Willmore Apartments Long Beach are quaint, clean, and ready to rent, making it a perfect choice for individuals and families looking for a well-planned location yet offering financial advantages.
Willmore Long Beach Apartment Information
Willmore City real estate comprises small to medium-sized apartment complexes, high-rise apartments, and single-family homes. Depending on rental terms, home layout, location, features, purchase cost, and rental rate may vary. Willmore Apartments Long Beach typically has one to four bedrooms with one to three bathroom configurations. Apartments for sale in Wilmore cost anywhere between $350,000 to about $7 million. In terms of rental, a studio apartment costs around $2,645 to $3,233 per month. A one-bedroom apartment has a rental rate of $1,200 to $3,620 monthly, while a two-bedroom apartment often has a monthly rate of $1,400 to $5,183. An apartment with three or more bedrooms has a rental rate of $1,750 to $14,999. An apartment’s features differ, but most properties include washers, dryers, floor-to-ceiling operable windows, polished concrete floors, and kitchens with top-notch appliances in every unit. Luxurious apartments feature a large open floor plan with beautiful flooring; some have a private patio with spectacular views. There are also pet-friendly apartments that will make your furry friend at home. Pet-friendly apartments come with an additional deposit, and some have specific pet requirements.
Features and Other Highlights
Like other parts of Long Beach, Willmore offers several amenities, fun activities, and rich history, giving residents a lifestyle that is full of life and attracts several home buyers. Other interesting facts about Willmore are presented below:
- Downtown Long Beach, the Pike, and Pine Street, which offer shopping centers, dining establishments, and entertainment options, are all easily accessible from Willmore Long Beach. Residents can enjoy various outdoor areas, including Drake Park, the Willmore Heritage Garden, and Cesar E. Chavez Park. These parks have lovely riverside views, well-kept landscaping, open fields, first-rate sports facilities, kiddie play areas, and pet-friendly locations.
- Willmore is ideally located close to downtown and not far from Los Angeles. The neighborhood is advantageous for residents because it is adjacent to many of the city’s economic hubs, administrative centers, and recreational facilities. Individuals employed in these areas will appreciate how simple it is to commute into the city.
- Because there are multiple schools close to homes in Willmore communities, families do not need to be concerned about the educational opportunities available to their children.
For further information about Willmore, Long Beach, you can visit our page at https://longbeachinvestmentproperty.com/long-beach-multifamily-investments/willmore/. Please do not hesitate to call or message us if you need assistance or have any inquiries about Willmore. Our team will be delighted to assist you in finding your ideal home in the Willmore neighborhood.