PRESS RELEASE
July 24th, 2019
Miramar Capital Completes Acquisition of 1741 & 1761 Park Avenue Apartments in Long Beach, CA
Miramar Capital is pleased to announce the acquisition of 1741 & 1761 Park Avenue Apartments. The property is located near the Park Estates neighborhood of east Long Beach, which provides residents with a strong amenity base, convenient freeway access, and proximity to employment opportunities. Long Beach continues to experience steady growth due to its prime coastal location, business-friendly policies, and $2.5 billion worth of upcoming public and private projects.
The property is comprised of two adjacent buildings with 69-units totaling 63,274 rentable square feet.