Long Beach CA Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 2,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- RS24228919
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Fantastic investment opportunity! This duplex, located in a highly sought-after area, offers immediate income-generating potential for investors or owner-occupants looking for long-term value and returns. The front unit is a cozy 2-bedroom, 1-bath home with a main living area, kitchen and full bath, with strong potential to increase rent to market rates. The spacious owner's residence is in the rear and is a 3-bedroom, 2-bath single-family home, featuring a laundry area next to the kitchen, a primary bedroom and bath, ample storage and a sizable yard space on both the side and rear—ideal for tenants seeking outdoor space. Each unit has separate electric and gas meters, allowing for easy, independent living. Parking is abundant, with a long driveway, parking pad, and a 2-car garage, accommodating multiple vehicles. Ideally located near freeway access, shopping, and dining, this property blends convenience with promising income opportunities. Needs some TLC.
$4,500,000
737 5th Street Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 12,412
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- PW24229677
ADDITIONAL INFORMATION
We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
$2,100,000
433 Linden Avenue Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 6,134
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1905
- Baths:
- MLS#:
- PW24229652
ADDITIONAL INFORMATION
We are pleased to present this opportunity to acquire a turnkey 6 unit apartment property in a great Long Beach location. The building has been impeccably maintained and consists of 4 two bedroom/one bath units, 1 three bedroom/one bath units, and 1 three bedroom/two bath units. All units are separately metered for gas & electricity. Currently the rents are below market with easy upside for a new owner.
$4,500,000
737 E 5th Street Long Beach, CA 90802
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- CRPW24229677
View additional info
Courtesy: Marcus & Millichap
ADDITIONAL INFORMATION
We are pleased to present a very well maintained 14- unit apartment in a fantastic East Village location. The building was built in 1964 and features 4 one-bedroom units, 4 two-bedroom units, and 6 two-bedroom two bath units. Current ownership has taken extremely good care of these buildings and over the years has replumbed the building, upgraded the electrical, installed new windows, installed a new roof and in general created a turnkey asset or a new investor. The current rents are slightly below market allowing a new owner to raise rents without turnover.
$4,100,000
477 South Street Long Beach, CA 90805
- Type:
- Cluster
- Sq.Ft.:
- 9,840
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- PTP2407021
ADDITIONAL INFORMATION
Invest in north Long Beach and own this updated 16-unit apartment community. Composed of a desirable unit mix of all 2-bed, 1-bath units across two buildings with a courtyard in between, this property boasts a scheduled CAP rate of 5.05% at 100% occupancy, and significant rent upside. Two units are vacant and ready for market-rent tenants, and all existing tenants are on month-to-month leases. Five of the 16 units are newly renovated (2024) with updated plumbing, paint, flooring and kitchen finishes. Two of these five units also feature upgraded bathrooms and lighting throughout. More 2024 building updates include all new electrical panels (main and subs), and new water lines to 8 of the 16 units. A community laundry room provides additional income. This apartment building is located near Atlantic Avenue restaurants and shops, the new KB Homes mixed used development Rhythm (under construction), and easy access to the 91, 710 and 405 freeways.
$6,850,000
1237 1st Street Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 8,319
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- PW24227280
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
This property is an 18-unit, fully stabilized, and turnkey apartment complex located in the sought-after Alamitos Beach area. The property has seen an investment of over $1,165,000 and has undergone a complete renovation, down to the studs. The entire building was rebuilt, including new floors, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. Each unit was completely remodeled with high-end finishes. The renovations led by an interior designer, include features such as recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.
$6,150,000
1221 1st Street Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 8,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- PW24227234
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
Fully stabilized, 16 unit, turnkey apartment building located in the highly desirable Alamitos Beach area. With over $950,000 invested, the property underwent a complete transformation down to the studs including new flooring, windows, interiors, exterior stucco, plumbing, electrical and mechanical systems, and more. All units were fully gutted and remodeled using high-end materials, with renovations led by an interior designer. Upgrades include recessed and custom lighting, brand-new kitchens and bathrooms, stainless steel appliances, and in-unit washers and dryers.
$1,200,000
6082 Atlantic Avenue Long Beach, CA 90805
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- CL24466875
View additional info
Courtesy: Marcus & Millichap
ADDITIONAL INFORMATION
We are pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach, a multi-tenant retail property on a corner lot between E Harding St & South St. The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant; two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term. The majority of the rents are below market, an ideal opportunity to reposition the building at the end of the lease terms to achieve market rents, or occupy a portion of the building as an owner user. The property is being offered at a low $200 PSF at the asking price. Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property. Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School and easy access to both the 710 & 91 Freeways.
- Type:
- Triplex
- Sq.Ft.:
- 2,001
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- PW24223964
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
Your clients will not be happy with you if they miss this OPPORTUNITY !!! Corner Lot Triplex (2 Buildings). Single-family one-story residence on the corner (possible owner's unit) and a two-story duplex behind one-story residence facing side street (Werner St.). Front one-story residence is a 2-bedroom/1-bath, Duplex is two 1-bedroom/1-bath units. There is a single garage and two driveways for off-street parking. Owner lives in front house and both 1-bedroom units in duplex are currently rented. This is a Drive by property only !!! Please do not bother tenants !!! Serious Investors only !!! Please submit offer subject to visual inspection !!!
- Type:
- Mixed Use
- Sq.Ft.:
- 3,429
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- SB24225878
- Subdivision:
- Poly High (PH)
ADDITIONAL INFORMATION
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.
$1,750,000
208 Park Avenue Long Beach, CA 90803
- Type:
- Apartment
- Sq.Ft.:
- 3,046
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- PW24225811
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
Welcome to Belmont Shore living! This well maintained fourplex sits on a 2,954 SF lot. The property is comprised of (4) spacious one bedroom one bath units with an ideal floorplan and tons of storage. The exterior has recently been painted along with some interior upgrades. Downstairs you'll find bonus space for community storage or laundry. This property is steps from Belmont Shore's lively 2nd street, the park, and the beach. The location doesn't get much better than this. Whether you’re an investor looking to expand your portfolio or someone seeking a live-in investment opportunity, this fourplex in Belmont Shore represents a rare chance to own a piece of one of Southern California’s most desirable neighborhoods. These properties rarely change hands, act now!
$1,850,000
826 Rose Avenue Long Beach, CA 90813
- Type:
- Triplex
- Sq.Ft.:
- 2,040
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- OC24224912
- Subdivision:
- ,North Alamitos Beach
ADDITIONAL INFORMATION
Prime 5-Unit Multifamily Investment Opportunity in Long Beach Introducing 826 Rose Ave, a fully renovated triplex in the heart of Long Beach, currently generating $6,185 per month in rental income. With an annual cash flow of $78,600, this property offers immediate returns with future growth potential through a fully approved expansion 2 unit ADU. FOR SALE: $1,850,000 – Owner’s Loss, Investor’s Gain: Due to funding requirements for another project, the owner must sell this valuable asset, creating a unique opportunity for investors. Additional Expansion Opportunity with 2 Fully Permitted ADU Plans: The property includes fully permitted, shovel-ready plans for two additional ADU units (each a 2-bed, 2-bath, 2-story design) at an additional cost to construct of $434,000, which will transform this triplex into a 5-unit multifamily property with a proforma annual cash flow of $140,000 upon completion and an estimated cap rate of 6.07%. Property Highlights: • Current Units: 3 fully renovated units $6,185 monthly rental income ($78,600 annually). • Future Expansion: Includes fully permitted plans for two new ADU units, adding 1,584 sq. ft. of living space. • Construction Company: After evaluating estimates from three qualified contractors, we selected the best fit based on quality and value. Each bid projected a similar build time of eight months. To ensure thorough vetting, we partnered with BuildZoom, who reviewed all proposals, helped reduce additional costs, and confirmed we hired the optimal contractor. BuildZoom also closely collaborated with the architect and design team to manage revisions and secure city approvals. • Construction Ready to begin with a 8 month build timeline and total build cost of $434,000. • Investment Potential: After completion, the property will offer 5 units, a projected ARV of $2.6M, proforma cash flow of $140,000 annually, and a cap rate of 6.07%. • Prime Location: Situated in a vibrant Long Beach neighborhood, with easy access to schools, parks, dining, and the beach. This is a rare opportunity to acquire a high-performing investment property with significant upside potential. Whether you're a seasoned investor or looking to expand your portfolio, 826 Rose Ave is a must-see!
$2,850,000
6062 Atlantic Avenue Long Beach, CA 90805
- Type:
- Cluster
- Sq.Ft.:
- 6,966
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.21 Acres
- Year built:
- 1946
- Baths:
- 12.00
- MLS#:
- 24458943
ADDITIONAL INFORMATION
12-unit project cash flowing at an amazing 8% Cap Rate and 8.5 GRM after taking into account all remaining construction costs! Priced at only 266k/door in the heart of Long Beach, it offers not only 6 fully renovated residential units upstairs but also 4 retail spaces (with RTI plans under construction to convert to 4 residential units) + nearly RTI plans to convert the attached garages into 2 attached (1bed/1bath) ADUs. The 6 residential units (100% occupied) have been already fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Additionally, each unit is individually metered for gas and electricity. The large 9,180 SFlot comes with ~9 open parking spaces as well as ~4 garage spaces. Price/Unit, Cap Rate & GRM are based on Total Price for the sake of conservatism, which includes the remaining construction cost of 4retail conversions at 50k/unit (200k) + 2 attached ADUs at 75k/unit(150k) for a total project cost of 350k offering a remarkable Cap Rate of 8% and 8.5 GRM after including all construction costs.
$1,500,000
664 Stanley Avenue Long Beach, CA 90814
- Type:
- Triplex
- Sq.Ft.:
- 3,228
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- OC24225211
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
Discover an outstanding investment opportunity with this renovated triplex, meticulously updated and permitted for years of worry-free maintenance. Live in one unit while renting the others, or lease all three for maximum return. The front unit boasts 1,115 sqft with 3 bedrooms and 1.5 baths, complete with central A/C and a private laundry area. The rear lower unit features 712 sqft with 2 bedrooms and 1 bath, while the spacious second-floor unit offers 1,434 sqft with 3 bedrooms and 2 baths, both equipped with new wall unit A/C. Shared laundry facilities serve the rear units, and extensive renovations include dual-pane windows, copper plumbing, stylish new flooring, modern bathrooms, updated kitchens with stainless steel appliances, new electrical fixtures, LED recessed lighting, and a four-car enclosed garage.
$2,200,000
1720 Cerritos Avenue Long Beach, CA 90813
- Type:
- Apartment
- Sq.Ft.:
- 6,074
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- SB24222399
ADDITIONAL INFORMATION
Current 6.62% cap rate and 10.69 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7 unit building with best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2Bed+1Bath and (1) 3Bed+1.5Bath units. Two units are currently vacant and there is an opportunity to add significant value by building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an extra $3,500/month. Each unit has its own washer and dryer, dishwashers, new floors, kitchen and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years. T he subject property is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.
$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.
$1,850,000
1930 7th Street Long Beach, CA 90813
- Type:
- Apartment
- Sq.Ft.:
- 5,406
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1943
- Baths:
- MLS#:
- PW24222871
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
$2,250,000
1135 3rd Street Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 6,715
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24222836
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
Pleased to present 1135 E. 3rd Street, an 11-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (10) studios (2 of which are exceptionally large), and (1) detached 3-bedroom/2-bathroom house, with its own garage. 1135 E. 3rd St. offers substantial upside potential by updating the units and bringing rents closer to market levels.
$2,350,000
833 1st Street Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 6,087
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- PW24222778
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
$1,795,000
1030 Olive Avenue Long Beach, CA 90813
- Type:
- Cluster
- Sq.Ft.:
- 5,100
- Status:
- Active
- Beds:
- 13
- Lot size:
- 0.15 Acres
- Year built:
- 1980
- Baths:
- 10.00
- MLS#:
- 24457513
ADDITIONAL INFORMATION
FIVE Unit Apartment Building. 4 of the tenants are section 8 and 1 regular.. Guaranteed rental cash-flow. 3 of the units are townhouse style 3bd 2ba each, constructed in 1980 and the other 2 units are apartment style, 2 bedroom 2 bathroom, constructed in 2023. All unit have washer/dryer. Drive by ONLY. Under no circumstance you should disturb tenants. Do not go on property. Each unit has separate gas and separate electric meter, additionally each unit has their own laundry area. The property has alley in the back. The parking is gated.
- Type:
- Cluster
- Sq.Ft.:
- 4,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Baths:
- 10.00
- MLS#:
- 24457289
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.
$2,050,000
822 20th Street Long Beach, CA 90806
- Type:
- Cluster
- Sq.Ft.:
- 5,058
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.15 Acres
- Year built:
- 1926
- Baths:
- 8.00
- MLS#:
- 24457483
ADDITIONAL INFORMATION
Charming 8-Unit Spanish-Style Complex in Long Beach. This two-building complex features eight units with a desirable mix of (2) 2-bed/1-bath, (4) 1-bed/1-bath, and (1) studio unit. Recent upgrades by current ownership have transformed both interiors and exteriors, adding modern convenience to classic style. Interior improvements include upgraded faux wood flooring, granite countertops, new cabinetry, stainless steel appliances, and fully renovated bathrooms.Exterior enhancements bring curb appeal and added privacy, with fresh paint, a new roof, sealed concrete patios, new vinyl wood plank fencing, and replaced metal handrails. The property also features a gate for added security. This meticulously maintained complex offers an attractive investment in a prime Long Beach location.
$899,999
3112 Gale Ave Long Beach, CA 90810
- Type:
- Duplex
- Sq.Ft.:
- 1,330
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- PW24222425
ADDITIONAL INFORMATION
Discover an exceptional duplex in the vibrant heart of Long Beach, CA—ideal for investors and those seeking a warm, inviting home with income potential! This property features two unique units, each with its own charm and ample possibilities. The first unit is a cozy studio with a full bathroom, perfect as a private sanctuary or a lucrative rental opportunity. The second unit is a spacious 3-bedroom, 2-bathroom haven with soaring vaulted ceilings that add an airy, open feel. The open-concept layout blends the living and kitchen areas beautifully, creating an ideal space for family gatherings or friendly get-togethers. Step out onto a generous deck off the main living area, where you can enjoy morning coffee, bask in the sun, or host evening gatherings under the stars. The convenience of an in-unit laundry room with a coined washer and dryer provides additional income potential, along with a utility sink for extra functionality. Situated minutes from downtown Long Beach, with easy access to the 710 and 405 freeways, this property perfectly combines comfort, convenience, and charm. Embrace the opportunity for rental income or settle into a delightful space to call home. Make 3112 Gale Ave. your next investment or your new cozy retreat!
$1,549,000
2024 Florida Street Long Beach, CA 90814
- Type:
- Fourplex
- Sq.Ft.:
- 4,317
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- PW24221221
- Subdivision:
- ,Alamitos Beach
ADDITIONAL INFORMATION
Great Investment Opportunity! Statewide Fourplex in great Alamitos Beach Neighborhood, just a block from 4th Street Retro Row, and walking distance to the Beach. The subject property consists of a 4 unit apartment building, approx. 4,317 square feet, comprised of (1) 3bd/2bth unit, and (3) 2bd/1bth units, and 4 single car garages. Built in 1968, this all electric building is separately metered, and offers investors substantial upside in the rental income, and opportunity to convert the garages to an ADU. Don't miss this great investment property!
$3,500,000
3109 Corto Place Long Beach, CA 90803
- Type:
- Apartment
- Sq.Ft.:
- 8,966
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- PW24219287
- Subdivision:
- ,Bluff Heights
ADDITIONAL INFORMATION
Upgraded 9 units in the prime and desirable area of Bluff Heights which boarders Bluff Park and Belmont Heights. This 8,966 sqft, two-story balcony style building offer a very attractive unit mix of: (2)- 3bd/1.75ba units with fireplaces, (1)- 3bd/1ba unit and (6)- 2bd/1bath units, on-site laundry room and 5 single car garages accessed off the alley. Nearly all of the units (8 of 9) have been upgraded with dual pane windows, the kitchens have newer cabinets, countertops, tile flooring and the bathrooms with vanities, tile in the shower & floors. Other upgrades in some units: crown molding, baseboards, 2 tone paint, upgraded interior doors, lighting, some electrical upgrades, professionally managed, spacious units, well cared for building, and more. It is located on a small and more private sub-street, Corto Place, which appears to have better off-street parking than the more busy street. Tenants will enjoy being just off East Broadway which offers many restaurants, coffee shops and shopping, plus it's near Belmont Shore, 4th Street and downtown giving them great access to restaurants, shopping, near the ocean and beaches, and close to many freeways, the Long Beach airport, CSLB, yacht clubs, and more.
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.