Long Beach CA Multi Family for Sale
$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!
$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:
- 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.
$2,500,000
2521 7th Street Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 9,358
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- PW24222928
ADDITIONAL INFORMATION
Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $267.15/SF and $250,000 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.
$1,750,000
1534 Grand Avenue Long Beach, CA 90804
- Type:
- Fourplex
- Sq.Ft.:
- 3,570
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- SB24220351
ADDITIONAL INFORMATION
Unique investment opportunity, this 4-unit building is nestled in a fenced courtyard with 3 other 4-unit buildings around a shared swimming pool. Each of the Quads is a separate parcel. The property consistently maintains a solid tenant base and low vacancy rates. Professionally maintained, manicured lawn surrounded by trees. The floorplans consist of 3 large one-bedroom apartments and a large two-bedroom, two-bathroom townhouse that has a balcony, fireplace, enclosed patio, and laundry. There is a dishwasher in each unit. Units are separately metered for gas and electricity. There are 4 attached garages with automatic garage door openers. and 4 additional off-street parking spaces. 1534 Grand is a great location, close to retail shopping areas, Cal State University Long Beach, freeways, and Downtown Long Beach.
$2,300,000
930 Belmont Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 3,794
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1931
- Baths:
- MLS#:
- SB24208898
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
The owner hired DECOMA Industries to rehab this Spanish Style 4-unit property. The structure was taken down to the stud walls and reinforced per the engineering plans at a cost of well over $1m. The City of Long Beach issued over 20 permits which were signed off as the work was completed. The units are somewhat identical in design, 2BRM !BATH each. The plumbing and electrical fixtures were supplied by Rebacks and Lighting Zone. There are 5 new electrical meters and 5 new gas meters. There is an existing separate building consisting of 4 garages. The parcel was surveyed and provided to he architect for planning of additional units ADU. The laundry is coin operated. The new decks have drains, the common area is landscaped and lighting at a cost of over 20K. DECOMA Industries is a premier builder with impeccable reputation. DECOMA was the architect, contractor, real estate broker, that developed THE TOY WAREHOUSE LOFTS which is considered the pioneer structure which transformed downtown into for sale living community. "DECOMA is building a better environment to live in” and Eastside Lofts is another fine example of a building created by DECOMA which will set the standards for fine artist loft lifestyle living.
$1,295,000
2703 7th Street Long Beach, CA 90804
- Type:
- Duplex
- Sq.Ft.:
- 1,543
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- PW24214337
- Subdivision:
- Circle (CA)
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY! The property is ZONED *LBCNR, 2703-2705 E.7th St. - This Duplex is located in the sought after 7th Street commercial/residential district, of the Rose Park/Circle area of Long Beach. A Prime Corner Lot Location that allows for a variety of potential commercial and residential uses. LOTS OF POTENTIAL AND OPTIONS FOR USE! The City of Long Beach zoning guide can be referenced for uses. Also, an ideal choice for a Developer, Investor or potential business. Sale of the property includes Approved Plans to add an ADU to make it 3 units. Great Opportunity To Keep The Current Configuration Or Complete The ADU Project And Have A Total Of 3 Units. Also a great property to make one unit your own home, while creating income with the other. This property features two units. Each unit offers a cozy layout with 2 bedrooms and 1 bath, a main living room, bath, full kitchen, formal dining room, completely fenced front and back yard, and a large sitting porch. Approximately 772 Sq. Ft. per unit with one detached single car garage on the property. This commercially zoned duplex/property is currently and successfully utilized as an independent living home that generates excellent income. In addition, each unit has separate electric and gas meters, enhancing the possibilities. Upgraded plumbing with new wall furnaces. New kitchen in 2703 unit. Buyers are encouraged to conduct their own investigations and due diligence.
$3,925,000
807 Belmont Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 6,673
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- PW24206404
- Subdivision:
- Belmont Heights (BH)
ADDITIONAL INFORMATION
Discover the exceptional potential of 807 Belmont Ave, a premier multi-family property nestled in the coveted Belmont Heights district of Long Beach. This charming two-story Spanish-style building offers a total of 9 units, with incredible opportunities for expansion and increased revenue. The property comes with “Ready to Issue” (RTI) plans for two ADU units and the conversion of ?ve enclosed garages into additional 1- and 2-bedroom units, allowing you to maximize the income potential from day one. Situated on a spacious 7,790 SF corner lot, this property features 7,597 SF of rentable space, providing ample room for tenants to enjoy. The serene fenced courtyard, complemented by minimal water vegetation and ample shade, offers a tranquil retreat for residents, perfect for soaking in the refreshing ocean breeze. The well-maintained units boast a blend of original charm and modern upgrades, including resurfaced hardwood ?oors, fresh two-tone paint, ceiling fans, and new bathrooms. While some units retain their original kitchens and bathrooms, they present an excellent opportunity for further value enhancement, enabling you to achieve market rents through strategic renovations. A standout feature of this property is the ?ve enclosed garages, offering secure and convenient parking—a highly sought-after amenity in this area. The current owner has already submitted plans to convert these garages into two additional ADU units, with approved designs for a 2-bedroom/1-bath and a 1-bedroom/1-bath, ready for construction upon closing. Recent improvements, including a new composite shingle roof, fresh paint, and new ?ooring in select units, demonstrate the meticulous care invested in maintaining this property in pristine condition. The potential to convert the non-conforming manager’s unit further adds to the versatility and value of this exceptional investment. Seize this rare opportunity to acquire a highly desirable property with signi?cant upside potential in one of Long Beach’s most sought-after neighborhoods. 807 Belmont Ave is not just a property; it's a gateway to elevated returns and a thriving community.
$2,560,000
2422 11th Street Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 5,848
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- PW24202418
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
FIRST TIME ON THE MARKET IN 22 YEARS!!! PRIME 8 UNIT 1980'S CONSTRUCTION WITH GROUND FLOOR COVERED PARKING FOR 16 CARS. ALL 2 BEDROOM/1BATH UNITS. ONSITE LAUNDRY ROOM MACHINES OWNED FOR SELLER NOT LEASED AND BRINGS IN ADDITIONAL INCOME. 5.1 CAP and 13.3 X GROSS. LONG TERM PRIDE OF OWNERSHIP. MAJORITY OF UNITS REMODELED. CLOSE TO CSULB AND 4TH STREET SHOPPING!
$4,300,000
1108 Termino Avenue Long Beach, CA 90804
- Type:
- Cluster
- Sq.Ft.:
- 10,158
- Status:
- Active
- Beds:
- 20
- Lot size:
- 0.2 Acres
- Year built:
- 1986
- Baths:
- 14.00
- MLS#:
- 24437011
ADDITIONAL INFORMATION
Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area, the property presents over 18% rental upside potential. Recent improvements include remodeled units in 2021 and an upgraded 15-space parking garage. The building comprises 10 spacious two-bedroom, condo-style apartments, each featuring bright and airy interiors. Upper units offer vaulted ceilings, and all units include large balconies for added comfort. Security is enhanced with locked entrances and surveillance cameras throughout the property. The gated garage, with 15 parking spaces, also provides potential for additional income by renting out unused spaces. Other key features include a newer roof with a lifetime guarantee and seller-owned laundry machines. With tenants responsible for their own gas and electricity, operating costs remain low. Conveniently located near freeways and public transportation, this well-maintained, income-generating property offers significant growth potential. Don't miss out on this outstanding investment opportunity in a thriving Long Beach neighborhood!
- Type:
- Fourplex
- Sq.Ft.:
- 1,520
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- SB24173813
ADDITIONAL INFORMATION
Opportunity knocks. 2030 E. Spaulding Way is a 4-unit apartment complex centrally located in Long Beach, California. The property is comprised of four studio apartments in move-in condition. Furthermore, the sale includes a lot behind the four units, laundry room, storage, and a bonus room. Centrally located in the heart of the Long Beach. Price includes both properties with two parcels numbers: One for the four units at the front and a different parcel number for vacant lot at the back.
$3,300,000
1133 Freeman Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 10,746
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- SB24158172
ADDITIONAL INFORMATION
6.18% CAP RATE! Newer 1971 build. This 16 unit Pride of Ownership asset is located in the highly coveted eastside of Long Beach. Property not only is being offered at an amazing 6.18% cap rate and a 10.5 GRM, but also comes with 9 Garages and 10 additional exterior parking spaces for a total of 19 parking. 1133 Freeman has a very desirable unit mx consisting of (6) 2Bed+1Bath, (8) 1Bed+1Bath and (2) Studio+1Bath units. An additional four 2 bedroom and 2 bathroom ADU's can be built in the garages for approximately $600K while still maintaining 16 exterior parking spaces on the site. The 4 additional ADU's will bring in $2600 a month each or $124,800 annually for a value of a 4.8 GRM or a 20% return annually. The tax accessor has allocated 81% of the assets value to the improvements giving a buyer a significant depreciation schedule (Most buildings are 50/50). This will be a further help for a buyer as they can currently collect 60% bonus depreciation and likely 100% retroactively if the current tax relief bill gets finalized on the senate floor. All units are separately metered for gas and electric and property is impeccably maintained. This property has the best current cap rate, price per foot, price per door GRM combo available on the market. With upside to over a 10.5% CAP rate this property truly is the best building you can buy right now and is perfect for any type of investor. CALL FOR OFFERS 8/14 5pm All offers will have a chance to tour the asset the week of August 5th.
$1,825,000
1381 Temple Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 6,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- OC24151050
ADDITIONAL INFORMATION
1381 Temple Avenue is a 5-unit multifamily investment property located in Long Beach, CA. 1381 Temple Avenue features exclusively spacious three-bedroom units averaging approximately 1,260 square feet. The property offers attractive amenities including a shared courtyard and back patio, gated pedestrian access, and 4 single-car garages. Situated in the Zaferia neighborhood of Long Beach, 1381 Temple Avenue’s central Long Beach location provides residents convenient access throughout the city. Residents enjoy walkable access to Orizaba Park, a 3.72-acre public park offering a soccer field, a skate park, a basketball court, and a spacious community center. Additionally, the property is located less than half-a-mile from the Food4Less and Rite Aid anchored Belmont Center, providing residents with easy access to daily necessities. The property’s ideal Long Beach location surrounded by an abundance of recreational and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1381 Temple Avenue.
- Type:
- Mixed Use
- Sq.Ft.:
- 3,838
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- SB24118068
- Subdivision:
- Circle (CA)
ADDITIONAL INFORMATION
Discover the perfect blend of residential and commercial opportunities at this mixed-use property located in the heart of Long Beach. Featuring 3,835 square feet of building space on a 3,835 square foot lot, 1229 Roswell Ave/4136-4138 E Anaheim St offers two high-visibility retail units at the front, ideal for attracting foot traffic and boosting business. Behind the retail units, you'll find three residential units including one 1-bedroom, 1-bathroom unit and two studios. Currently, one studio and the bottom one-bedroom unit are vacant, providing the opportunity to upgrade and secure market rents. The remaining studio is on a month-to-month lease, and both commercial retail units will transition to month-to-month agreements starting September 1st. Don't miss this chance to own a versatile mixed-use building in one of Long Beach's most sought-after neighborhoods. Whether you're looking to diversify your investment portfolio or establish a new business hub, 1229 Roswell offers endless possibilities.
$1,700,000
1000 Ximeno Avenue Long Beach, CA 90804
- Type:
- Fourplex
- Sq.Ft.:
- 2,499
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- SB24072315
ADDITIONAL INFORMATION
Remodeled 4Plex with large private yards, located in one of the nicest pockets of Long Beach! Perfect opportunity for any buyer/owner user looking to live in one unit and have their neighbors pay their mortgage. 1000 Ximeno Ave is comprised of (4) 1Bed/1Bath units. Beneficial to the new owner, all remodels have been completed, including new flooring, appliances, countertops, bathrooms and patios. The two downstairs units feature large private 325sf yards, perfect for entertaining. All units have washer and dryer in unit. There are also 3 tandem parking spots (6 spaces total). Bordering Belmont Shore and located in one of Long Beach's Top Rental Markets, this truly is a one-of-akind building. It is just outside the $6Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.
$1,995,000
1102 Termino Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 4,937
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24065141
ADDITIONAL INFORMATION
We are pleased to present 1102 Termino Avenue located on the northeast corner of E 11th Street and Termino Avenue in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, CA. The 2-story 7-unit multi-family residential apartment building was originally built in 1923 and substantially renovated in 2019/2020. The subject pr operty consists of approximately 5,751 square feet of building area including an approximately 536 sq. ft. four car f ree standing garage structure and a yard area of approximately 1,100 sq. ft. The entire parcel totals approximately 5,597 sq. ft of land area. Tenants enjoy living in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, a short distance to The Long Beach Greenbelt, Recreation Park, including two (2) golf courses, Billie Jean King Tennis Center, Blair Field, Colorado Lagoon, Marine Stadium, local beaches, California State University of Long Beach. The subject property is conveniently near the popular retail, entertainment, and dining district of Belmont Shore’s 2nd Street that offers more than 250 unique upscale boutiques, specialty shops, and a myriad of coffee shops, cafes, casual dining taverns, and eclectic international specialty restaurants. Other districts nearby the property include the East Village Arts District, 4th Street Retro Row and the Zafferia commercial corridor. Also close to the property is the Downtown Long Beach Business District which provides unique destinations, both historic and new, that attract over six million visitors annually. One of the city’s most revered attractions, The Queen Mary, arrived in Long Beach in 1967 and has since impressed millions of visitors with its art deco interiors and glimpses into a bygone era. The Aquarium of the Pacific, on the other hand, provides an intimate look into the future of marine biology and sustainability. Hotels, restaurants, and other tourist-oriented venues including Shoreline Village, The Pike and Rainbow Harbor Waterf ront surround the juggernaut that is the Long Beach Convention and Entertainment.
$4,600,000
2652 E 15th Street Long Beach, CA 90804
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- CRPW23229203
View additional info
Courtesy: Keller Williams - Santa Monica
ADDITIONAL INFORMATION
2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.
$4,600,000
E 15th Street Street Long Beach, CA 90804
- Type:
- Mixed Use
- Sq.Ft.:
- 7,440
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- PW23229203
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
2652 E. 15th Street is a 20-unit asset, located in the Zaferia Design District in Long Beach, California. The property is comprised of (18) 1BD/1BA and (2) studio units.Spread across a 21,717 square foot lot, the property has 15 surface parking spaces and two laundry rooms on site for additional income. Priced at a 5.14% cap rate & 11.91 GRM, new ownership can stabilize the asset at a 6.09% cap rate and 10.61 GRM.
$3,000,000
1128 Stanley Avenue Long Beach, CA 90804
- Type:
- Mixed Use
- Sq.Ft.:
- 8,245
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- PW23229200
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
1128 Stanley Avenue is a 9-unit, value-add apartment building built in 1987 and located in Long Beach, California. The property is priced at 12.60 x gross and 5.41% cap rate at current rents. There are eight (8) 2 BD / 2 BA units and one (1) 1 BD / 1 BA unit. Onsite laundry facilities provide additional income and there is ample parking of 13 total spaces -- nine (9) covered garage spaces under the building and two (2) two-car garages. With a Walk Score of 89, the property is in close proximity to many desirable amenities and boasts a strong and stable tenant base.
$2,200,000
1512 Stanton Place Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 6,960
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- PW23227757
ADDITIONAL INFORMATION
There are 8 units total consist of 6 units building with 2 bedroom and 1 bathroom each built around 1990 per assessor and 2 houses in the rear 1 is 3 bedrooms and 1 bath house and a 1 bedroom and 1 bath house both older built.
$2,999,999
1545 Obispo Avenue Long Beach, CA 90804
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- CRPW23146802
View additional info
Courtesy: Berkshire Hathaway HomeServices California Properties
ADDITIONAL INFORMATION
Just Listed! Welcome to 1545 Obispo in Long Beach! This is an 8-Unit Apartment Building, Fully renovated in 2019! Each unit is a 640 Sqft 2 Bedroom / 1 Bath. All units are occupied with full time tenants. There are 8 Parking spots behind the building and 1 garage attached to the front unit. The front unit also has a gated patio in front, and 5 of the other units have balcony space upstairs. Shared Common area Laundry room. Current leases in place bring in between $2000-$2350 Per month rough total $17,500 gross monthly rent, with options to renew leases and raise rent! Do not miss out on this great investment opportunity!
$2,495,000
4130 10th Street Long Beach, CA 90804
- Type:
- Mixed Use
- Sq.Ft.:
- 3,480
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- PW23051127
- Subdivision:
- Belmont Heights (BH)
ADDITIONAL INFORMATION
4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered for gas and electricity and has an in-place RUBS program. The property is located nearby to Recreation Park Golf Course and Colorado Lagoon which offer various outdoor activities. Additionally, the property is located less than two (2) miles to California State University Long Beach, which has a student population of 37,500 and employed faculty of 2,000. 4130 E. 10th Street provides a new owner with strong in-place cash flow with the opportunity to remodel the remaining four (4) units.
Long Beach Real Estate
The median home value in Long Beach, CA is $739,900. 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 $739,900. 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 90804 has a population of 466,565. Long Beach 90804 is less family-centric than the surrounding county with 26.94% 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 90804 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 90804 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.