Charming Triplex with ADU Potential and Unique Incentives! Welcome to 2485 Pasadena Avenue, a rare opportunity to own three homes on one large lot in a convenient and desirable location. The front home, a classic Craftsman, was originally a 2-bedroom, 1-bath but has been thoughtfully reconfigured into a functional 3-bedroom layout. It includes a detached single-car garage for added utility. In the rear of the property, you’ll find two additional Craftsman cottages, each offering 1 bedroom and 1 bath. All three homes feature their own enclosed private yards, perfect for outdoor living or pets. The property also boasts a spacious driveway with room for up to six cars parked tandem, making it ideal for tenants or guests. With so much extra space, there’s exciting potential to add an ADU to maximize rental income or create a guest suite. Gas and electric are individually submetered. To top it off, this property qualifies for City National Bank’s $50,000 grant—a fantastic opportunity for eligible buyers. Don’t miss your chance to own this unique multi-unit property. Contact the listing agent for more details or to schedule a private showing!
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.
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.
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.
Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange
Incredible mixed use building that is cash flowing at a current GRM of 9.6 and cap rate of 7.5%. Seller carry financing may be available with 50%+ down. Three retail units in front, residential in the back. Tons of upside potential for all of the retail units, or an excellent opportunity for a owner-user purchase. Tenants are paying on-time and consistently. Prime retail location on Atlantic Ave with 30,000+ vehicles passing each day. Recently updated garage roof, painting, and plumbing. This low expense building is a cash cow and a great opportunity for a savvy investor.
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $147,300 per Year!!! With a Current Cap Rate at 6.6, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6
Just reduced! Large 5 unit building with (3) 3-Bed Units, (1) Large 2-Bed Unit, and (1) 1-bed unit in the excellent neighborhood of South Wrigley. The building is conveniently located less than a mile from the 710 Freeway, less than 2 miles from the 405, and just 2 miles North of the beach. Attractive residential tree-lined street. The property is priced to sell at 10.86 GRM and a current cap rate of 5.66%. There is approximately 7% upside in income to a market cap rate of 6.3%. It has fresh exterior paint and the electrical system was just updated in September of 2024. There is also a detached garage building off of the back alley that has 4 spots in 3 separate garages. Perfect ADU opportunity.
One of the Best Deals in Wrigley! Investor or Owner-Occupant Opportunity Offered at an unbeatable $1,229,900, most of the recently remodeled units, move-in-ready 3-unit property in Long Beach is a gem for investors and owner-occupants. Boasting an impressive 6% cap rate and the potential to generate over $100,800 in annual gross income, this property is a cash-flow dream. Each of the two 2-bedroom units rents for $2,600, while the spacious 3-bedroom unit brings in $3,200—all at current market rates. Located just minutes from the beach, this property is primed for Airbnb potential, offering even higher returns for short-term rentals. It’s fully remodeled with modern amenities and high-quality finishes, ensuring it's completely turnkey with no additional work needed—just start collecting rent from day one. The property also includes 4 single-car garages, providing secure parking for tenants and potential for extra income. With the possibility for future development or conversion to an Accessory Dwelling Unit (ADU), the opportunities here are endless. Everything is separately metered (except water), keeping maintenance costs low for hassle-free ownership. Don’t miss out on this rare chance to own a high-income-producing property in a prime Long Beach location. Act fast—dea
PRICE JUST REDUCED!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.2%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.
This meticulously upgraded nine-unit property, located just north of Willow Avenue, combines modern sophistication with exceptional quality. Each unit features premium finishes, contemporary fixtures, and carefully considered updates, ensuring a hassle-free ownership experience with no deferred maintenance concerns. Nestled in the desirable Wrigley neighborhood, this property is a testament to superior craftsmanship and thoughtful design. From luxurious flooring to refined, modern interiors, every detail exudes quality and style, making it a standout investment opportunity in a prime Long Beach location. With strong financial performance and room for growth, the property offers exciting potential for future returns. Opportunities include increasing current rents or exploring the addition of Accessory Dwelling Units (ADUs), providing investors with the chance to enhance value over time. This is more than an investment — it's a gateway to modern luxury and lasting potential in one of the city's most coveted residential areas.
Wonderful opportunity to own a beautiful Spanish style 4-plex in the heart of Wrigley. Four 2 bedroom 1 bath units with 4 garages and each unit offers 1300 sf of living space and individual laundry hook ups. The building has many recent upgrades including new Milgard double-paned windows installed in 2008, updated electrical and exterior LED lights, newer rear fencing. NEW TPO 40 year roof was installed in 2017 and the landscaping was just refreshed this month. Wall heaters in upstairs units and floor furnaces in downstairs units. Beautiful tree lined street in historic Wrigley and great location near shopping, freeways, and parks.
Unlock the potential of this 6-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious (2) 1 bed +1 bath units as well as (4) 2 bed + 1 bath units, this well-maintained building can be sold together or separately, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long!
Unlock the potential of this 4-unit multi-family property located in the heart of Long Beach! Offering a mix of spacious 2 and 3-bedroom units, this well-maintained building can be sold separately or together, with 1001 E 20th St consisting of 6 units and 1015 E 20th St featuring 4 units with ADU potential. Both buildings offer ample parking with gated parking lots. This is a fantastic opportunity for investors seeking consistent rental income with upside potential. Located in a thriving rental market with easy access to major freeways, shopping, dining, and local amenities, this property is perfect for both seasoned investors and those looking to complete a 1031 exchange. With an immediate cash flow and a clear path to increased revenue, this Long Beach gem won’t last long!
Located in the desirable Wrigley area of Long Beach, 1880 Cedar Ave. is a well-maintained 10 unit garden style apartment building comprised of (3) 2bd/1bth units, (6) 1bd/1bth units, (1) studio, and 7 single car garages. Originally built in 1954, and consisting of 7,358 rentable square feet on a large 7,957 square foot lot. The property is separately metered for gas and electricity, and features gated entry, vinyl pane windows, and community laundry. Priced attractively at $230,000 per unit, and $312.58 per SF, 5.55% CAP RATE on current rents, with room to increase rents. Realistic MARKET CAP RATE of 6.83%. An attractive opportunity for a new owner! The property is in an excellent location in the South Wrigley neighborhood of Long Beach. Residents enjoy convenient access to everyday needs at Wrigley Market, an Albertsons anchored retail center located blocks from the property. Additionally, 1880 Cedar is just over 1.75 miles from the abundance of retail, dining, and entertainment options in Downtown Long Beach. It also benefits from its optimal location near Willow Street, Pacific Coast Highway, and 405 and 710 freeways, providing residents easy access to employment hubs throughout Southern California. The overall demand for well-located and maintained apartment building will be a key driver in the continued growth and success at 1880 Cedar Ave.
Located in the desirable Wrigley area of Long Beach, 1960 Cedar Ave. is a well-maintained 11 unit garden style apartment building comprised of (2) 3bd/1bth units, (6) 2bd/1bth units, (2) 1bd/1bth units, (1) studio, and 5 single car garages. Originally built in 1944, and consisting of 7,088 rentable square feet on a large 8,129 square foot lot. The property is separately metered for gas and electricity, and features gated entry, vinyl pane windows, and community laundry. Priced attractively at $236,365 per unit, and $366.82 per SF, 5.61% CAP RATE on current rents, with room to increase rents. Realistic MARKET CAP RATE of 7.10%. An attractive opportunity for a new owner! The property is in an excellent location in the South Wrigley neighborhood of Long Beach. Residents enjoy convenient access to everyday needs at Wrigley Market, an Albertsons anchored retail center located blocks from the property. Additionally, 1880 Cedar is just over 1.75 miles from the abundance of retail, dining, and entertainment options in Downtown Long Beach. It also benefits from its optimal location near Willow Street, Pacific Coast Highway, and 405 and 710 freeways, providing residents easy access to employment hubs throughout Southern California. The overall demand for well-located and maintained apartment building will be a key driver in the continued growth and success at 1960 Cedar Ave. Can be purchased with the 10 units listed at 1880 Cedar Ave.!
We are pleased to present 1825 Chestnut Ave, a 12-unit multifamily in Long Beach, CA. The property is located just off the corner of Chestnut Ave and Pacific Coast Hwy, just 2-miles away from the Port of Long Beach and Long Beach’s Shoreline Village. The property consists of eight, 1-Bedroom/1-Bathroom and four, 2-Bedroom/1-Bathroom units. The building offers over 8,500 SF of rentable living space with on-site parking via uncovered spaces and several garages. The property benefits from it’s location by being within close proximity to several frequently travelled destinations like the Port of Long Beach, Shoreline Village, Long Beach Poly High School, Long Beach Medical Center, Costco, Home Depot, Northgate Market, and more.
Perfect Investment Property! 3 separate houses in one lot. The subject property is located in a well established and desirable residential neighborhood, comprise of similar size and style, homes on average well landscaped site. This area is popular due to it is close proximity to downtown Los Angeles, several freeways as well as local shopping/service facilities found within a mile.
Welcome to an exquisite jewel nestled in the heart of Long Beach, CA. This captivating Spanish inspired home boasts unparalleled elegance and coastal charm. Stepping through the door, you're greeted by an airy, open layout that effortlessly merges modern sophistication with timeless comfort. Both units have Quartz counters, laminated wood flooring and tile in bathroom and kitchen spaces, Freshly painted, Central heating and AC and new roof was installed this year in February. Seller just put in a new electrical panel with permits along with copper pluming and a backyard drain to avoid flooding. Outside, the meticulously landscaped grounds beckon you to bask in the California sunshine or have a small and intimate private gathering. Conveniently located near coveted amenities, dining, and entertainment options, this home epitomizes the epitome of Long Beach lifestyle and captures the essence of Long Beach living!!!
Prime mixed-use property for sale in Long Beach! This versatile investment opportunity features two retail units in the front, perfect for businesses seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions, dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long Beach's most sought-after locations.
Prime mixed-use property for sale in Long Beach! This versatile investment opportunity features two retail units in the front, perfect for businesses seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions, dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long Beach's most sought-after locations.
Come see this opportunity! Units have been updated. Parking on the property will easily suffice for four vehicles. The two bedroom, 1 bath front unit has new laminate flooring throughout, fresh paint, dual pane windows and is ready to rent! The rear unit is 1 bedroom and 1 bath and has also has updates. There is also a separate room that is not part of either unit. It could be common area, storage, or whatever use you might need. The extra large kitchen in the front unit has plenty of room for a dining area, or you can use the area in the living room, which is good sized too! Storm doors help let air flow through while providing security and the ceiling fan in the living room helps circulate fresh air.
SELLER FINANCING AVAILABLE AT LOWER RATE!! Welcome to this exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities – schedule your viewing today and seize the opportunity!
We are pleased to present 2137 Locust Avenue, a 4-unit investment property in Long Beach, California. This property has a BRAND NEW roof, new foundation for the front 3 bedroom house. The back structure has three 1 bedroom units. All four units are fully renovated. The property can be delivered with the front house vacant which makes for a PERFECT owner user or investment property. The property has excellent cash flow and upside with all the hard work already done. You don't want to miss out on this.
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 90806 has a population of 466,565. Long Beach 90806 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 90806 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 90806 is 35.9 years.
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.