In 2022, The FJO Group sourced and represented the buyer in the acquisition of 1201 Ohio Avenue, a seven-unit multifamily property located in the heart of Long Beach, California. Acting as the client’s investment advisor, our team identified the asset as a strong value-add opportunity driven by low in-place rents, deferred maintenance, and the area’s ongoing economic and population growth. The property also included four garage spaces, offering additional income potential and flexibility for future repositioning.

By conducting a detailed financial and market analysis, we recognized significant upside through strategic renovations and rental optimization. Long Beach’s expanding multifamily market and improving infrastructure created an ideal environment for long-term appreciation. The acquisition aligned with our client’s objective to capture value through active management and capital improvements, demonstrating The FJO Group’s ability to source and execute intelligent real estate investments that balance risk, stability, and growth.