The Newporter, located at 1750 Newport Avenue, is an 8-unit value-add asset in the Eastside/Traffic Circle area, a highly desirable rental location in Long Beach. The 7,288-square-foot property is comprised of a balcony-style building with ample light, ample parking, and an attractive unit mix of six two-bedrooms and two one-bedrooms. This property offers investors the opportunity to own a value-add asset with 18% rental upside in a rapidly developing submarket. The area surrounding Rose Circle Park, known for its enclave of desirable 1910-1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, home goods, and art antiques as well as locally-owned restaurants, coffee shops and wine bars.