Long Beach CA Multi Family for Sale
$1,200,000
920 Cerritos Avenue Long Beach, CA 90813
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1913
- Baths:
- MLS#:
- CRPW24236509
View additional info
Courtesy: Lifetime Realty Inc
ADDITIONAL INFORMATION
**Charming Three-Unit Building in Prime Long Beach Location** Nestled just minutes from the beach and vibrant downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: **3-Bedroom, 1-Bathroom Unit**: This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create a perfect cozy family home. With its bright, airy atmosphere and functional design, it provides a comfortable and stylish living experience. **2-Bedroom, 1-Bathroom Unit**: A charming, cozy space perfect for tenants or a smaller family. The unit boasts updated features, ample natural light, and a functional floor plan, ensuring both comfort and convenience. **Owner’s Studio Unit**: A private and well-appointed studio, offering a peaceful retreat with a kitchenette, full bath, and space to live comfortably while being steps from your rental income potential. Property includes two oversized two car garages with alley access and units above. Potentially converting the garages into additional units. Enjoy the best of coastal living, with the beach, dining, shopping, and entertainm
$1,289,000
2221 Granada Avenue Long Beach, CA 90815
- Type:
- Duplex
- Sq.Ft.:
- 1,794
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- OC24241294
- Subdivision:
- Artcraft Manor (AM)
ADDITIONAL INFORMATION
Nestled in the quaint Artcraft Manor neighborhood of Long Beach, this charming duplex presents an ideal opportunity. Each unit features two bedrooms, a well-appointed bath, individual laundry facilities and private yards. Notably, the property underwent significant upgrades, including a complete replacement of the roof and facia boards, full interior paint, new interior doors, windows, security screens, electrical panel, copper repiping, bathroom and kitchen spruce, and modernization of the exterior: exterior siding, concrete, painting, and North fence replacement.
$5,900,000
Gladys Avenue Avenue Long Beach, CA 90814
- Type:
- Apartment
- Sq.Ft.:
- 15,120
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- PW24241218
ADDITIONAL INFORMATION
This well-maintained property is located in Alamitos Beach, next to Bixby Park. Considerable value add with approximately 50% in rental upside. This property offers a unit mix with (18) eighteen two-bedrooms and (2) two one-bedroom. Each unit is individually metered for electricity and gas, providing residents with greater control over utility costs. Recent upgrades include copper plumbing, vinyl windows, and a new roof. The property is on two parcels, two ten units each, eliminated the requirement for an onsite manager. This property offers its tenants with ample parking with Ten (10) Enclosed Garages and eight tandem spaces. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment.
$3,250,000
1721 Appleton Street Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 8,946
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- PW24241198
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.
$1,450,000
2415 7th Street Long Beach, CA 90804
- Type:
- Mixed Use
- Sq.Ft.:
- 3,133
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24240535
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
5 UNIT APARTMENT BUILDING IN PRIME EAST SIDE LOCATION. FRONT HOUSE IS A 2 BED/2 BATH WITH A 2 CAR GARAGE AND ADDITIONAL 2 UNCOVERED PARKING SPACES. BACK BUILDING IS A 4 UNIT CONSISTING OF STUDIOS AND ONE BEDROOMS. ONSITE LAUNDRY ROOM BRINGS IN ADDITIONAL INCOME. GREAT RENTAL MARKET 7 BLOCKS TO THE BEACH, CLOSE TO CSULB AND 4TH STREET RESTAURANTS AND SHOPPING. HURRY THIS PROPERTY WON'T LAST LONG!
$5,900,000
367 Gladys Avenue Long Beach, CA 90814
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- CRPW24241218
View additional info
Courtesy: Triqor Group
ADDITIONAL INFORMATION
This well-maintained property is located in Alamitos Beach, next to Bixby Park. Considerable value add with approximately 50% in rental upside. This property offers a unit mix with (18) eighteen two-bedrooms and (2) two one-bedroom. Each unit is individually metered for electricity and gas, providing residents with greater control over utility costs. Recent upgrades include copper plumbing, vinyl windows, and a new roof. The property is on two parcels, two ten units each, eliminated the requirement for an onsite manager. This property offers its tenants with ample parking with Ten (10) Enclosed Garages and eight tandem spaces. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment.
$1,840,000
216 25th Street Long Beach, CA 90806
- Type:
- Triplex
- Sq.Ft.:
- 2,686
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1952
- Baths:
- MLS#:
- DW24240984
- Subdivision:
- Wrigley Area (WR)
ADDITIONAL INFORMATION
Three units on 1 lot, now Available in Wrigley Area of Long Beach, Ca. Front House has 4 bedrooms, 2 baths and was remodeled with a new addition in 2020. The second unit was newly built in 2020 and has 3 bedrooms, 2 bath's. The third unit was remodeled and has a new addition, completed in 2020, this unit has 3 bedrooms, 2 baths.
$1,375,000
4737 Anaheim Street Long Beach, CA 90804
- Type:
- Duplex
- Sq.Ft.:
- 2,208
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1931
- Baths:
- MLS#:
- PW24240381
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
Beautifully maintained and updated Spanish Style duplex. Each unit is very bright and spacious with updated kitchens, bathrooms, and windows. Essentially a turnkey property. LBCCN ZONING allows for residential and commercial uses. Check with the city to confirm. Currently leased out to the same two families for many years. Excellent long term tenants that are now month to month and paying close to market rent and room for increase rent. Detached three car garage structure is a potential for an ADU construction. Both upstairs and downstairs unit have large windows to enjoy the view of the golf course. EACH UNIT HAS their own: Spacious living room, dinning room, own laundry room, two large bedrooms , one full bath, and separate address number. Detached THREE car garage, three additional parking spots in front of garages, and two additional parking spaces available in the driveway facing Anaheim St. Permanent easement for ingress and egress through adjacent property to enter garages and parking from Park Ave. DO NOT DISTURB TENANTS. MAKE OFFERS SUBJECT TO INSPECTION.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.07 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- CRAR24236307
View additional info
Courtesy: eXp Realty of California Inc
ADDITIONAL INFORMATION
This centrally located triplex is a great opportunity for an investor or owner-user! It is in the Wrigley area of Long Beach just minutes to the 710 fwy, 405 fwy, Pacific Coast Hwy, and the beach. Public transportation, restaurants, shops, schools, and parks are within its vicinity. The units are gated, and set in an easement where it's quiet and secured. This triplex consists of one 1 bed/1 bath, one 2 beds/1 bath, and one 3 beds/1 bath. This property has been well maintained with long term tenants.
$1,150,000
532 Cherry Avenue Long Beach, CA 90802
- Type:
- Fourplex
- Sq.Ft.:
- 2,016
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- PW24239437
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
PRIME EASTSIDE LOCATION! 4-PLEX ALL 1 BEDROOM/1 BATHROOM UNITS. 2 GARAGES AND 1 ADDITIONAL PARKING SPACE AND ONSITE LAUNDRY ROOM BOTH BRINGING IN ADDITIONAL INCOME!! REMODELED UNITS. NEWER EXTERIOR PAINT PROPERTY. GREAT RENTAL MARKET WITH CLOSE PROXIMITY TO CSULB, SHOPPING, RESTAURANTS AND ONLY 5 BLOCKS TO THE BEACH! HURRY THIS 4-PLEX WILL NOT LAST LONG!
$1,395,000
111 67th Way Long Beach, CA 90805
- Type:
- Triplex
- Sq.Ft.:
- 2,268
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- OC24239230
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Luxurious, Fully Rebuilt Three-Unit Property, A Rare Income and Lifestyle Opportunity Experience the perfect harmony of modern design and practicality with this fully rebuilt three-unit property. Ideal for families or investors, this move-in-ready gem boasts high-end upgrades and a focus on luxury throughout. All work it done with proper permits. Live in one unit, and the rent from the other two units will cover the mortgage. Property Highlights • Completely Rebuilt: Brand-new: Electrical Systems, Plumbing, Roofing, Air Conditioning system, Automatic Sprinkler System, Double Pane Milgard Windows, and Flooring across all units. • Meticulously Designed Interiors: Modern open floor plans, high-quality finishes, and full-tile bathrooms with exquisite stone designs. • Independent Utilities: Each unit is separately metered for electricity and gas. Unit Details: Front House (Unit 1): • Spacious 3-bedroom, 2-bathroom layout. • Primary bathroom features a full bath with stunning floor-to-ceiling stone finishes. • Secondary bathroom boasts an elegant standing shower with premium stone accents. • Projected Rental Value: $4,100. ADU (Unit 2): • Modern 2-bedroom, 2-bathroom unit. • Bathrooms feature stone-accented standing showers and chic, lighted mirrors. • Projected Rental Value: $3,200 JADU (Unit 3): • Cozy 1-bedroom, 1-bathroom space. • Thoughtfully designed with a stylish standing shower and ceiling-high stone finishes. • Projected Rental Value: $2,600 Additional Features • Modern kitchens with brand-new appliances in all units. • New washers and dryers in each unit for added convenience. • Each unit has a dedicated front yard with ample room for gardening and outdoor dining. • Beautifully landscaped front yard with fresh grass and new automatic sprinklers. • Serene backyard featuring fruit trees, creating a tranquil oasis. • Parking space for 4 cars. https://111East67thWay1818171mls.f8re.com/
- Type:
- Mixed Use
- Sq.Ft.:
- 268
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.77 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- CV24238789
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Discover the perfect blend of history and creativity in this studio condo, nestled within the iconic Lafayette Building in the vibrant Long Beach Arts District. Currently used as an office, this versatile space offers endless potential for personal or professional use. The Lafayette Building boasts a rich architectural history and is surrounded by an eclectic mix of galleries, cafes, and entertainment, embodying the artistic energy of the area. Enjoy access to a variety of building amenities while being just steps away from the cultural and culinary delights of downtown Long Beach.
$1,049,000
713 1st Street Long Beach, CA 90802
- Type:
- Duplex
- Sq.Ft.:
- 1,444
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- PW24237621
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
Hidden Gem in the East Arts Village District of Long Beach. This fully renovated mid-century modern duplex has the perfect vibe! Penthouse unit has loads of natural light, contemporary accents and a fantastic open floor plan. Approximately 1000 sq. feet with a huge primary suite with gorgeous hardwood floors and modern en suite bathroom. Kitchen has a sleek design with custom cabinets, Caesar Stone counter-tops, stainless appliances, and porcelain flooring. Lower unit resembles top on a smaller scale. Property has a back-yard garden sanctuary in the middle of the city! Attached garage with direct access to unit. Stackable Laundry too! Great location and a short distance to the water, restaurants, coffee houses and Convention & Performing Arts Centers. Truly a must see!
$1,450,000
165 Quincy Avenue Long Beach, CA 90803
- Type:
- Duplex
- Sq.Ft.:
- 2,007
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24238178
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
Classic Spanish home with front building containing a highly upgraded 2 br. 2 ba. home with a fully permitted rear addition built in 1975 that is attached but not connected to the front living space, consisting of a large one bedroom, family room two-story, 880 sq. ft. addition with an attached single car garage. The kitchenette in the rear building appears to be unpermitted. This property appears to be ideally suited for a possible ADU or 2nd un it. The rear living space has a downstairs living area with fireplace, upgraded plank flooring and huge upstairs bedroom with a small deck, large windows, ceiling fan, central heat & a/c and spacious closets. This property appears to be ideally suited for a possible ADU or 2nd unit. The rear living space has a downstairs living area with fireplace, upgraded plank flooring and huge upstairs bedroom with full glass & marble bathroom. This potentially could be a fantastic separate rental or ADU, if permitted. The front 2 br. 2. bath Spanish home has been nicely upgraded with plank flooring, upgraded kitchen with Caesarstone finishes and subway tile backsplash. Other amenities include arched windows, built-ins, upgraded windows throughout, laundry room & central a/c. This property is move-in ready throughout and could be an ideal home with potential income unit in the rear!
- Type:
- Single Family
- Sq.Ft.:
- 1,350
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 2011
- Baths:
- MLS#:
- PW24236979
ADDITIONAL INFORMATION
We are pleased to present 3640 E 10th Street located on the southwest corner of E 10th Street and Euclid Avenue in Long Beach, CA. The property is an approximately 1,350 square foot 2-story mixed-use commercial and residential property that was originally developed in the 1930’s as an approximately 850 square foot gasoline and automobile repair station. A 2nd story of an approximately 500 square foot studio apartment and deck was constructed in 2011. The land area of the property totals approximately 3,124 square feet. The property’s current Zoning: LBR3 The ground level of the property has the potential of being converted into 1 or 2 Additional Dwelling Units (ADU’S). Buyers must conduct their own investigation and research into any potential ADU conversion and/or redevelopment
- Type:
- Duplex
- Sq.Ft.:
- 1,076
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- PW24236648
- Subdivision:
- Circle (CA)
ADDITIONAL INFORMATION
Welcome to 1022 Raymond Ave. Completely remodeled with 3 Bedrooms & 1 Bathroom upstairs and 2 Bedrooms and 1 Bathroom downstairs. Attached garage to the bottom unit with ample parking. Each unit has it's own entry and courtyard for privacy or storage. Each unit has it's own meters for utilities. Upstairs is a long term month to month tenant. Downstairs is vacant with a recent remodel. In the hear of long beach with lots of restaurants and shopping walking distance from the property. Feel free to reach out with any questions.
$925,000
E Eagle Street Long Beach, CA 90806
- Type:
- Triplex
- Sq.Ft.:
- 1,411
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- AR24236307
- Subdivision:
- Wrigley Area (WR)
ADDITIONAL INFORMATION
This centrally located triplex is a great opportunity for an investor or owner-user! It is in the Wrigley area of Long Beach just minutes to the 710 fwy, 405 fwy, Pacific Coast Hwy, and the beach. Public transportation, restaurants, shops, schools, and parks are within its vicinity. The units are gated, and set in an easement where it's quiet and secured. This triplex consists of one 1 bed/1 bath, one 2 beds/1 bath, and one 3 beds/1 bath. This property has been well maintained with long term tenants.
$2,700,000
20 Roycroft Avenue Long Beach, CA 90803
- Type:
- Mixed Use
- Sq.Ft.:
- 2,960
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- PW24236413
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
Welcome to 20 Roycroft Avenue, its location doesn’t get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.
$2,150,000
1464 Gardenia Avenue Long Beach, CA 90813
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- CRSB24234194
View additional info
Courtesy: Buckingham Investments, Inc
ADDITIONAL INFORMATION
Significant Price reduction!!! Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 6.2% and a GRM of 10.61 with an additional 4% in upside to a market cap rate of 6.6% and a 10.13 GRM. Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just completed at the rear of the property separated by a new turf courtyard. ADUs include mini-split AC units, in-unit laundry hookups, open concept kitchen/living areas, stainless steel appliances, high grade cabinets, quartz countertops, and full-sized bathrooms. Parking for 3-4 cars in the rear of the property.
$1,999,999
4133 Mendez Street Long Beach, CA 90815
- Type:
- Fourplex
- Sq.Ft.:
- 5,979
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- OC24232104
ADDITIONAL INFORMATION
Investor’s Dream Opportunity – Seasoned or First-Time Multifamily Buyers Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including: Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room. Parking & Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately. Don’t miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details! Unit 1: 3 bed, 2, bath, approximately 1300 sf Unit 2: 2 bed 2 bath, approximately 1000 sf Unit 3: 2 bed 1 bath, approx 900 sf Unit 4: 2 bed, 1 bath, approx 1100 sf Each unit has a detached 1 car garage. All units are currently occupied on month-to-month leases.
$1,875,000
1426 Rose Avenue Long Beach, CA 90813
- Type:
- Fourplex
- Sq.Ft.:
- 4,676
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- PW24232551
ADDITIONAL INFORMATION
Here is a large four-plex property available with spacious units in the city of Long Beach, only 2 to 3 miles from the beach, schools, CSULB, Veteran Affair Medical Center, and a golf course. Property has four units: Each units 3Bed / 2 Bath. Strong rental area with tons of upside on rent would be a great source of income. Located convenient to shopping and walking distance to great restaurants and public transportation, Will not last long, please contact as soon as possible.
$4,100,000
121 Ximeno Avenue Long Beach, CA 90803
- Type:
- Cluster
- Sq.Ft.:
- 4,272
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.07 Acres
- Year built:
- 1954
- Baths:
- 9.00
- MLS#:
- 24463345
ADDITIONAL INFORMATION
100% Gut-Renovated 9-unit building in Belmont Shore cash flowing at an amazing Current Cap Rate of 5.25% and 13.6 GRM. All units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. The unit mix provides unparalleled versatility, including 2 spacious (2bed/1bath) units ideal for families, as well as 5 modern (1bed/1bath) units, and 2 (studio/1bath) units perfect for individuals seeking comfort and style. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency (4 vacant). On top of that, the major systems have been updated including electrical, plumbing, HVAC, etc. The property is located in the heart of Belmont Shore within walking distance of the Pacific Ocean and the Beach. Located just steps away from all the neighborhood attractions, restaurants, bars, and shops on 2nd St such as Sait & Second, Nick's on 2nd, The Win~Dow, Simmzy's, Roe Seafood, Breakfast Republic, Sweet Jill's Bakery, Galata Ice Cream, and many more popping up all around the area.
$1,250,000
534 Maine Avenue Long Beach, CA 90802
- Type:
- Cluster
- Sq.Ft.:
- 2,630
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1924
- Baths:
- 6.00
- MLS#:
- 24462853
ADDITIONAL INFORMATION
534 Maine Ave is a 4-unit building, originally built in 1924. This property comprises (3) spacious 2-bedroom units, each approximately 725 square feet, and (1) 1-bedroom unit at 460 square feet. One of the 2-bedroom units are currently vacant offering opportunity for a owner-user. Additionally, there is a 30% potential rental upside, providing an excellent opportunity for income growth with market adjustments. The property has been meticulously maintained and upgraded, reducing the need for substantial capital expenditures. The owner has undertaken significant improvements, including modern renovations to all units, creating a fresh, move-in-ready atmosphere. Updated landscaping enhances the curb appeal and ensures low-maintenance upkeep for future ownership. Each unit is individually metered, the owner covers water and sewer costs, while tenants are responsible for gas, trash, and electricity. This is a perfect fit for an investor or owner-user looking for a turnkey, well-located property with major capital improvements already completed, offering immediate cash flow and future upside potential.
$2,000,000
1025 Locust Avenue Long Beach, CA 90813
- Type:
- Mixed Use
- Sq.Ft.:
- 5,498
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PW24230683
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5,498 sq. ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!
- Type:
- Apartment
- Sq.Ft.:
- 2,562
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- SB24230329
ADDITIONAL INFORMATION
2633 Santa Fe Ave is a promising opportunity for an investor or owner-user. This property invites a new owner to put personal touches on the property and immediately capture market rents. Situated on a large 7,656 sq ft lot, it offers (4) four single storied 1-bedroom/1-bath units each with their own garage space. Strategically located, this property is poised to take advantage of Long Beach’s ongoing urban development and revitalization efforts. Commuters love this location as it is closely located to the 710 which provides quick access to the 405, 91, 15, 10, and 5.
Long Beach Real Estate
The median home value in Long Beach, CA is $732,500. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Long Beach, CA is $732,500. Approximately 38.38% of Long Beach homes are owned, compared to 56.31% rented, while 5.31% are vacant. Long Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Long Beach real estate agent to arrange a tour today!
Long Beach, California has a population of 466,565. Long Beach is less family-centric than the surrounding county with 27.85% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Long Beach, California is $71,150. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Long Beach is 35.9 years.
Long Beach Weather
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 13.6 inches per year, with 0 inches of snow per year.