Long Beach CA Multi Family for Sale
$2,400,000
1323 Dawson Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 6,499
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- OC25002272
- Subdivision:
- other
ADDITIONAL INFORMATION
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 6% range and a Market GRM in the mid 10’s, this property offers a strong cash flow investment opportunity.
$2,650,000
1360 Euclid Avenue Long Beach, CA 90804
- Type:
- Apartment
- Sq.Ft.:
- 4,630
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24249846
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.
$1,675,000
1034 Newport Avenue Long Beach, CA 90804
- Type:
- Fourplex
- Sq.Ft.:
- 4,170
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- SB24243567
- Subdivision:
- Circle (CA)
ADDITIONAL INFORMATION
4 units in a great LB location with a 91 Walk Score, nearby shopping, dining, Rec Park and more. Attractive unit mix: 1-3BR/2BA (single story), 2-2BR/2BA (2 story townhouses) and 1-2BR/1BA (2 story townhouse). Most units remodeled with new floors, all units are spacious and with well appointed floorplans. All units have a separate water heater and all electric building. Ample parking:(3) single car garages and (1) two car garage. Garages had a brand new roof last year. Onsite laundry facility and the entire property is gated and fully secured. The property currently grosses approx $113,700 per year and is priced attractively at a real 4.31% CAP (actual) and a 14.73 GRM. At market rents the property is a 12.50 GRM and 5.45% CAP. Approx 18% upside in current rents.
$1,225,000
1020 Ohio Avenue Long Beach, CA 90804
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.16 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- CRPW24239950
View additional info
Courtesy: Sage Real Estate
ADDITIONAL INFORMATION
Duplex + bonus unit in Trendy Rose Park! This unique property offers a fantastic opportunity for owner-occupants or investors. The front house, a charming 3-bed, 1-bath craftsman bungalow, combines vintage charm with modern updates. It includes original wood built-ins and moldings, high-grade vinyl flooring, dual-pane windows, and washer/dryer hookups. Recent upgrades include newer copper plumbing, and a newer water heater. Currently rented at $2,200/month. The rear building, built in 1989, boasts 2,028 sq. ft. of living space. The upstairs unit features an open floor plan 3-bed, 2-bath unit with central AC/heat, durable high-grade vinyl flooring, and dual-pane windows. Currently rented at $3,400/month. The downstairs was originally an extension of the 3bed/2bath unit featuring a den with a full bath and kitchenette. A doorway was closed off to turn the space into a 1-bed, 1bath “bonus unit.� There is potential to convert the 1bed/1bath unit into an ADU (buyer to verify). Currently rented at $1,300/month The rear building also features 2 attached garages and a large storage room which can be rented for additional income. Tenants pay all utilities.
$1,450,000
2415 7th Street Long Beach, CA 90804
- Type:
- Mixed Use
- Sq.Ft.:
- 3,133
- Status:
- Active
- 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:
- Active
- 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:
- 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.
$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.
$2,500,000
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.
$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.
$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!
$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.
$4,300,000
1108 Termino Avenue Long Beach, CA 90804
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1986
- Baths:
- MLS#:
- CL24437011
View additional info
Courtesy: Keller Williams Beverly Hills
ADDITIONAL INFORMATION
DO NOT CONTACT THE OWNER. AGENT STILL HOLDS A VALID CONTRACT. 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.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- CRSB24173813
View additional info
Courtesy: West Shores Realty, Inc.
ADDITIONAL INFORMATION
Drastic price reduction. 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.
- 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.
$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.
$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.
$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.
$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!
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.