Long Beach CA Multi Family for Sale

ADDITIONAL INFORMATION

Guaranteed rental cash-flow. Building #1 has 2 units, 4bd 2.5 ba each, constructed in 1980. Building #2, has 2 units, 2 bd 2 ba each, constructed 2022. Drive by ONLY. Under NO circumstance you should disturb tenants. Do not go on property. Each unit has separate utilities, additionally each unit has their own laundry area. 2 of the tenants are HUD Section 8 and the other 2 regular. Well maintained. The property has 2 addresses, 845 MLK, built in 2022 and 851 MLK, built in 1980.

ADDITIONAL INFORMATION

DOWNTOWN LONG BEACH GEM: RENOVATED TOWNHOUSE-STYLE DUPLEX. EACH UNIT HAS ITS OWN ADDRESS - 1039 E 10th street and 1041 E 10th Street, Long Beach Discover this exceptional 4 bed 2 bath two-story duplex in the heart of Long Beach, perfectly positioned for both homeowners and investors. Each unit is thoughtfully designed as 2 bedrooms and 1bath unit spans approximately 1,000 square feet across two levels, offering the perfect blend of comfort and functionality. UNIT LAYOUT: • First Floor: Open-concept living room and kitchen with dedicated laundry area • Second Floor: Two generously sized bedrooms with abundant closet space • Each unit features private washer/dryer connections • Separate gas and electric meters for efficient utility management LOCATION ADVANTAGES: • Moments from pristine beaches • Quick access to Downtown Long Beach's vibrant dining and shopping • Near major transportation hubs, including Long Beach Airport • Easy freeway access for commuters • Walking distance to Long Beach Convention Center and Belmont Shore This property presents an ideal opportunity for owner-occupants seeking rental income or investors looking to expand their portfolio. Situated in an area slated for growth under the Downtown Long Beach Update Plan, this duplex combines historic charm with modern amenities. Schedule your viewing today to experience this unique investment opportunity in Long Beach, CA. property will be delivered Vacant at Close of Escrow.

ADDITIONAL INFORMATION

Value add mixed use property for sale in Long Beach along with separately parceled parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long terms owners and tenants with two retail units, 7 apartments units, and an excess of parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail units out front into ADU's as well as build additional housing in the separate parking lot in the rear of the property. Owner only pays water and property taxes, separately metered for gas and electric. 1757 Long Beach Blvd, Long Beach, CA 90813, falls within the Midtown Specific Plan (SP-1) zoning area. This zoning allows for a variety of mixed-use developments, focusing on pedestrian-friendly commercial and residential project. With 4 stories and a Floor Area Ratio (FAR) of 2.0 (assumed based on typical mixed-use zoning), the total buildable area is 17,482 square feet. This can be spread across four stories, giving you 4,370.5 square feet per story (17,482 sq ft / 4 stories). You can build structures that combine retail spaces, offices, or residential units, such as apartments or condominiums, in mid- to high-density formats. A new owner could build up to 32 units of 500 square feet each under an FAR of 2.0 in a height of 4 stories or you could fit around 20 units (5 units/story * 4 stories) if each unit is 800 square feet. The subject property is located just outside the $6 Billion of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

ADDITIONAL INFORMATION

Well-maintained 4-plex located in the heart of Long Beach. This property offers four spacious units, perfect for investors or owner-occupiers looking to generate steady rental income. Each unit features 1 bedroom and 1 bathroom, making it ideal for tenants seeking comfort and convenience. The property is situated in a highly desirable area, close to schools, shopping, dining, and public transportation.

ADDITIONAL INFORMATION

Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.

ADDITIONAL INFORMATION

10-Unit Property in the Densely Populated North East Village Neighborhood This 10-unit property is located in the highly desirable North East Village neighborhood. Priced at $208K per unit, it is fully stabilized, operating with a 10.60 gross rent multiplier (GRM) and a 6% capitalization rate based on current rental income. The unit mix consists of 7 studios, 2 one-bedroom units, and 1 two-bedroom unit. At market rental income, the GRM improves to 9.79, and the cap rate rises to 6.5%. All units have been remodeled, and both the roof and electrical panel were updated in 2024. The building is master-metered with a RUBS (Ratio Utility Billing System) in place, currently covering 60% of utility expenses. Additionally, an onsite coin-operated laundry room provides extra income and convenience for tenants. Centrally located near St. Mary Medical Center, downtown Long Beach, the beach, and major freeways, this property offers excellent accessibility. It is a rare opportunity to acquire a turn-key asset at an attractive value.

ADDITIONAL INFORMATION

This extremely rare and affordable investment opportunity is centrally and strategically located in the heart of Long Beach, CA. With proximity to downtown, the coast and major transportation routes alike, this property presents an opportunity for a new investor to capitalize the continued growing rental demand in the area. With one unit currently vacant , creative investors can also implement a "House-Hacking" strategy by living in one unit and renting the others. There is significant upside in existing rental income as well.

ADDITIONAL INFORMATION

7-Units apartment building with great income potential. Property consists of (1) studio, (4) 2 bedrooms/1bath and (2) 3 bedrooms/1bath. The property has been updated. Each bedroom can be legally rented. Owners have participated in the LA County Pilot Program and people on Social Security Disability insurance are also allowed to rent by the room as well. The largest unit with 3 bedrooms / 1bath is vacant and an additional 5 rooms can be rented. Great location with close proximity to Metro Blue Line and other bus routes. Minutes to the beach, shops and restaurants. Please click on Docs to view the Floor Plan.

ADDITIONAL INFORMATION

Tremendous opportunity to own this fourplex. Live in one unit and rent the other 3. This property is close to public transportation, easy freeway access. It features 4 units. 1-3 bedroom & 2 bath. 1-2bedroom & 2 bath. 1. Single & 1 Bath. 1 Single & 1 bath.

ADDITIONAL INFORMATION

call listing agent for more information.

ADDITIONAL INFORMATION

We are pleased to present a 7 unit apartment building located at 1036 Chestnut Avenue in Long Beach, California. This is a value-add opportunity in a great location of Willmore in Long Beach. The subject property is close to St Mary Medical Center, 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 3,770 rentable square feet spread throughout a 7,478 square foot lot. Units 1-6 was built in 1960 and unit A was built in 1949. All units are one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 parking spaces in the rear which are able to generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.

ADDITIONAL INFORMATION

This well-maintained 4-unit property is a prime investment opportunity, located just minutes from the beach in the vibrant city of Long Beach, CA. Less than a 10-minute drive to the shoreline, this property offers convenience, great rental income, and modern living. All units are currently occupied and generating strong rental income at market rates, making it an ideal investment with immediate cash flow potential. The property has been well cared for, with all units in excellent condition. The detached 3 bed, 2 bath unit comes with its own private yard, perfect for added privacy and outdoor enjoyment. Tenants will also appreciate the ample parking, with a total of 6 parking spaces available. The lot also has additional space to put storage units which can be rented out to tenants for additional monthly income. Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a desirable location, this multi-unit gem checks all the boxes. Don't miss out on this rare opportunity!

ADDITIONAL INFORMATION

219 W. 9th Street is an eight-unit apartment community located near Downtown Long Beach, operating at a 6.18% cap rate and 11.42 GRM . The property is comprised of three buildings on a 7,500 square foot lot.The property consists of five units constructed in 1983 and three original units built in 1929. 219 W. 9th Street has a varied unit mix of: two Junior 1BD/1BA, three 1BD/1BA, one 2BD/2BA, and two 3BD/1BA. Six of these units have been upgraded with high-end finishes, including in-unit washer/dryers, new cabinets, countertops, and dishwashers.The property completed several capital upgrades, including a new roof on the front building, partially updated electrical and plumbing systems, and new windows were installed in the renovated units.The asset boasts a total of 13 parking spaces, seven (7) garages and six (6) surface spaces. The garages may potentially be converted to ADUs for additional income.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Proforma 7.4 Cap! Excellent opportunity to acquire a stable 4-unit building in the Alamitos Beach area of Long Beach at current 6.23 Cap rate. This building is only 16-17 blocks to Shoreline Village, Long Beach Convention Center, Aquarium of the Pacific, and everything else fantastic about the Pike area of the Long Beach Shoreline. The immediate few block radius has been going through a renaissance with new construction evident all around. Fancy up this building to have a strong long term hold asset to take full advantage of Long Beach's strong future. This property was formally converted from a 5-unit building to a 4-unit building. Enjoy 30 year fixed residential financing! There is a laundry room that was not used by the current owners which can provide additional income and increase the cap rate. Each unit has a 1-car garage. Downstairs unit is 3 beds and 2 baths. Upstairs there are two 1-bed and 1 bath units and one 3-bed 1 bath unit.

ADDITIONAL INFORMATION

Welcome to this bread and butter complex that offers: New shingle composite roof, new vinyl windows, all units have been updated with tile flooring. Property has a lot of upside with room to add ADU's ( 4 studios in the back and 1 in the front ) All units are occupied with long term tenants.

ADDITIONAL INFORMATION

Fantastic Investment Opportunity or Ideal for a Family! This property offers tremendous versatility: live in one unit and rent out the other, or rent out both units for maximum income potential. Each of the two well-maintained units features 1,040 SqFt of living space and includes a kitchen with dining area, one bedroom, and one full bathroom. The units share a wall and have laundry hookups conveniently located outside. The property benefits from separate electric, gas, and water meters for each unit, ensuring easy management and independence. Located just a few blocks from the ocean, you’ll be close to Shoreline Village and the picturesque Pine Avenue Pier. Enjoy the vibrant Downtown Long Beach, with its charming coffee shops, diverse dining options, shopping, and parks, all within a short distance. With the 710 Freeway nearby, accessibility is a breeze. Don’t miss out on this rare opportunity—contact us today to schedule a private showing!

ADDITIONAL INFORMATION

219 W. 9th Street is an eight-unit apartment community located near Downtown Long Beach, operating at a 6.18% cap rate and 11.42 GRM . The property is comprised of three buildings on a 7,500 square foot lot.The property consists of five units constructed in 1983 and three original units built in 1929. 219 W. 9th Street has a varied unit mix of: two Junior 1BD/1BA, three 1BD/1BA, one 2BD/2BA, and two 3BD/1BA. Six of these units have been upgraded with high-end finishes, including in-unit washer/dryers, new cabinets, countertops, and dishwashers.The property completed several capital upgrades, including a new roof on the front building, partially updated electrical and plumbing systems, and new windows were installed in the renovated units.The asset boasts a total of 13 parking spaces, seven (7) garages and six (6) surface spaces. The garages may potentially be converted to ADUs for additional income.

ADDITIONAL INFORMATION

CLOSE TO BUSINESSES ,MARKET , DOCTOR OFFICES AND RESTAURANTS, CLOSE TO FREEWAYS AND SCHOOL In the heart of Cambodian neigborhood

ADDITIONAL INFORMATION

CLOSE TO BUSINESSES ,MARKET , DOCTOR OFFICES AND RESTAURANTS, CLOSE TO FREEWAYS AND SCHOOL In the heart of Cambodian neigborhood

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Income-producing property in the highly desirable Long Beach City area! This multi-family property features two separate units, each with its own electric and gas meters, and brand new roofs installed in 2024. The front unit is a spacious three-bedroom, two-bath home, with a beautiful kitchen featuring granite countertops, modern bathrooms, and stylish flooring. The rear unit is a one-bedroom, one-bath, with a clean, contemporary kitchen with granite countertops and a pristine bathroom.The front unit has a rental income potential of $3,000 per month, while the rear unit offers $1,900 per month. Located in a great school district, with easy access to freeways and public transportation, this property is ideal for families, investors, or owner-occupants seeking additional income. Don’t miss out—schedule a viewing today and secure this rare find in one of Long Beach City’s most sought-after neighborhoods

ADDITIONAL INFORMATION

Excellent opportunity for new investors or for those looking to offset their monthly mortgage payment by living in one unit and renting out the other. Currently both units are fully rented. Located on quiet street, close to public transportation including the Long Beach Metro Blue Line that travels to Los Angeles. Duplex is located in close proximity to shopping and many eateries.

ADDITIONAL INFORMATION

1715 Cherry is a multi-unit residential property nestled in the vibrant city of Long Beach. There are (5) one bedroom and one bath units and (1) 2 bedroom 1 bath unit offering comfortable and well-appointed living spaces. Units 1 and 2 are both remodeled and vacant ready for new tenants! Residents benefit from convenient on-site laundry facilities located within the community. 4 separate garages and 2 uncovered parking spaces. Strategically located, tenants enjoy easy access to nearby dining, shopping, and entertainment venues. This property presents an exceptional investment opportunity for those seeking a reliable income stream in a thriving rental market.