Long Beach CA Multi Family for Sale
$2,995,000
19 Laguna Place Long Beach, CA 90803
- Type:
- Duplex
- Sq.Ft.:
- 3,287
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- OC25015716
- Subdivision:
- Peninsula (PI)
ADDITIONAL INFORMATION
This exceptional duplex, spanning a total of 3,287 sq. ft., offers an ideal blend of location, size, and style. Situated just one property from the boardwalk on the prestigious Alamitos Peninsula in Long Beach, it provides the ultimate coastal lifestyle with stunning ocean and bay views from the upper decks. Recent updates include new windows throughout and upgraded sliding doors, ensuring modern comfort and efficiency. Unit One (#17)?This single-level unit spans 1,378 sq. ft. and features 3 bedrooms and 2 bathrooms. The updated kitchen boasts white cabinets, granite countertops and backsplash, and white appliances, including a refrigerator, oven, microwave, and dishwasher, as well as a walk-in pantry. A deck off the kitchen offers a relaxing outdoor space. The living room features a brick-faced fireplace, adding warmth and charm, along with a small deck that offers peek-a-boo water views. Additional highlights include an inside laundry and two covered parking spaces with storage for added convenience. Unit Two (#19)?This spacious 1,909 sq. ft. two-story unit offers 3 bedrooms and 2 bathrooms. The upper level impresses with an open-beam ceiling, a generous second-floor entertainment area with 360-degree views, and two private decks that showcase breathtaking beach and bay views. The living room features a vaulted open-beam ceiling, water views, and a whitewashed brick fireplace hearth, along with a deck perfect for relaxing. The kitchen includes pine cabinets, granite countertops with a subway tile backsplash, and stainless steel appliances, including a refrigerator, double oven, dishwasher, and wine refrigerator. There’s also an additional deck for barbecuing. Other updates include newer laminate flooring and smooth ceilings throughout. The unit also offers air conditioning for year-round comfort, an inside laundry area, and two covered parking spaces with ample storage. Located just steps from the sand and water, this property provides unparalleled access to beach activities, the scenic boardwalk, and the serene bay. It is also conveniently close to downtown Belmont Shore, offering easy access to entertainment, dining, and shopping. Whether you're seeking an investment property or a unique coastal home, this duplex is a rare find that checks every box. Please so not disturb the tenants
$1,800,000
1242 7th Street Long Beach, CA 90813
- Type:
- Fourplex
- Sq.Ft.:
- 2,875
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1911
- Baths:
- MLS#:
- PW25014615
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
Located at 1242 E 7th St., Long Beach, CA, this beautiful turnkey 4-unit Craftsman property offers a prime investment or owner-user opportunity in a vibrant, centrally located North Alamitos Beach neighborhood. The property sits on a 8,000 sq. ft. lot and features a 2,875 sq. ft. building, delivering a mix of spacious and stylishly remodeled units. The property includes one three-bedroom unit (~ 775 sq. ft.), two two-bedroom units (~750 sq. ft.), and one one-bedroom unit (~ 600 sq. ft.). Each unit has been completely remodeled, featuring modern interiors, updated kitchens and baths, and premium finishes, making this property a true turnkey investment. This property offers significant value-add potential. The lot includes five garages, presenting an ideal opportunity for Accessory Dwelling Unit (ADU) conversion to maximize rental income. Additionally, the large lot size and layout provide ample space to build additional units. Other highlights include a long driveway and ample parking, a rare and desirable feature in urban multifamily properties. This makes the property particularly attractive to tenants and ensures strong occupancy rates. For those considering living on-site, one unit is currently vacant, offering the perfect owner-user opportunity to live in one unit while collecting income from the others. Alternatively, the vacancy allows for immediate leasing at market rent, boosting cash flow. With its modernized interiors, potential for expansion, and prime location near downtown Long Beach, this property is an excellent opportunity for investors and owner-users alike. Don’t miss out on this rare combination of current income and future upside. 4th Unit approval eminent.
$2,650,000
1001 1st Street Long Beach, CA 90802
- Type:
- Triplex
- Sq.Ft.:
- 3,360
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- SB25014963
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
Welcome to Esser House! This stunning Spanish Colonial Revival property is truly irreplaceable. Meticulously restored to its original design and beauty, 1001 E 1st St. was built by William Esser the famous 18th century Long Beach Builder. The owners have not merely restored it, but meticulously revived every intricate detail to mirror the craftsmanship and soul of its original design. From each carefully chosen material to every delicate feature, it stands as a tribute to its historic beauty, inviting us to step back into the grace of its first creation. The beauty of this building will bring you back to a bring and so will the property taxes. Through it's redesign it has received a historic Mills Act Designation which drops the property taxes down to $5000 annually. Each unit showcases elegant architectural details, including beautiful hardwood floors, classic fixtures, built-in mantles, arches, wrought iron, and tile accents. The owner’s unit boasts 2 large bedrooms and 2 bathrooms, one with a Jacuzzi steam spa, along with a private balcony. The second unit is a generous 3-bedroom, 2-bath apartment with a private patio. All units offer eat-in kitchens, separate dining and living rooms, and in-unit laundry facilities. The property provides ample parking with 3 garages and 3 additional spaces on the apron, along with garage storage. There is also a separate bonus space that could serve as an office or additional storage. The location is an easy walk to Downtown Long Beach, with its restaurants, shops, and the beach. The Esser House is a Long Beach Historic Landmark and is protected under the Mills Act, offering substantial tax savings. It represents a rare opportunity to own a piece of Long Beach history. OM in supplements.
- Type:
- Triplex
- Sq.Ft.:
- 2,290
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- DW25010267
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Great Investment Opportunity in North Long Beach. Presenting a fantastic opportunity! This tri-plex features three 2-bedroom, 1-bathroom units, each offering solid rental potential. These units provide a great foundation for investors looking to add value and increase rental income. -Property Features: Three 2-bedroom, 1-bathroom units. Three separate garages for tenants or also could be converted into an ADU! Great floor plans with great potential. Large lot with many fruits trees, avocados, lemons, peaches and figs. Laundry hookups available/laundry room. Separate meters for gas and electricity. -Location Highlights: Prime Long Beach location, close to shops, restaurants, and schools Easy access to public transportation and major freeways Vibrant neighborhood with growing demand for rental properties Contact me for more details or to arrange a showing. Don’t miss out on this great opportunity—schedule a tour today!
$1,525,000
1715 Cherry Avenue Long Beach, CA 90813
- Type:
- Mixed Use
- Sq.Ft.:
- 3,426
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- NP25011374
- Subdivision:
- Circle (CA)
ADDITIONAL INFORMATION
1715 Cherry Avenue is a 6-unit multifamily property located in the highly sought-after Long Beach Market of Los Angeles County. The property features a mix of unit configurations, including (1) 2-bedroom, 1-bath unit, and (5) 1-bedroom, 1-bath units. The property offers a fully stabilized investment opportunity with strong cash flow and immediate returns from day one. Residents benefit from the array of dining, shopping, and entertainment options along Cherry Avenue, as well as convenient access to major freeways and key job markets. Given the ongoing shortage of apartment housing and the rising cost of single-family homes in Southern California, Cherry Avenue offers long-term growth for savvy investors. **ASSUMABLE LOAN AVAILABLE @ 3.42% through December of 2026, inquire for details**
$1,299,000
1562 31st Street Long Beach, CA 90810
- Type:
- Duplex
- Sq.Ft.:
- 2,138
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- SB24214203
- Subdivision:
- Westside/North of Willow (WNW)
ADDITIONAL INFORMATION
This well-maintained 4-unit property offers an excellent investment opportunity in a prime location near Silverado Park, the 710 and 405 freeways, as well as local restaurants and hospitals. The front house features 2 bedrooms and 1 bath, with sleek granite countertops, stainless steel appliances, tile flooring in the kitchen and living areas, and original hardwood floors in the bedrooms. Recently upgraded with a new roof and new solar panels, this home is energy-efficient and move-in ready. The back units consist of two 2-bedroom, 1-bath units, one 1-bedroom, 1-bath unit, and a bonus studio—ideal for additional rental income or as a guest suite. All units are thoughtfully updated and meticulously maintained. The backyard offers a peaceful space with mature trees, while the front home enjoys its own private area for added privacy. Shared outdoor patio spaces provide a relaxing setting for entertaining. Located in a desirable Westside Long Beach neighborhood, this property presents a fantastic opportunity for investors seeking modern updates, convenience, and long-term value.
$3,199,000
1101 Cherry Avenue Long Beach, CA 90813
- Type:
- Apartment
- Sq.Ft.:
- 4,508
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW25007491
ADDITIONAL INFORMATION
Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!
$1,375,000
1001 20th Street Long Beach, CA 90806
- Type:
- Mixed Use
- Sq.Ft.:
- 4,675
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- SB25011947
- Subdivision:
- Poly High (PH)
ADDITIONAL INFORMATION
NOTE: PROPERTY CAN BE SOLD INDIVIDUALLY OR WITH NEIGHBORING PROPERTY (APN 7210-021-013) High income 6 unit building in the heart of Long Beach. Corner lot building with a nice unit mix of 1's and 2 bedroom units presently fully occupied delivering high cash flow with stable tenants. Parking in the front. Sold AS IS with quality tenants and rents in place. Low price per square foot and high GRM/CAP representing a true cash flow asset. Do not miss! *Expenses are estimated at 35% of GSI. Income is actual
$1,425,000
1015 20th Street Long Beach, CA 90806
- Type:
- Fourplex
- Sq.Ft.:
- 4,236
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- SB25011794
- Subdivision:
- Poly High (PH)
ADDITIONAL INFORMATION
NOTE: CAN BE SOLD TOGETHER OR SEPERATE WITH NEIGHBOR PARCEL 7210-021-013 (6 UNIT). Large 4 unit multifamily building in the heart of Long Beach with a highly desirable unit mix and quality rents. Parking in rear with additional room for potential ADU or large coin op laundry facility. Low price per square foot and high GRM/CAP for the area with a relatively new building (1980's). Sold AS IS with rents and tenants already in place. Do not miss this attractive cash flowing asset! *expenses are estimates, income is actual
$2,549,000
1470 Elm Avenue Long Beach, CA 90813
- Type:
- Cluster
- Sq.Ft.:
- 6,678
- Status:
- Active
- Beds:
- 19
- Lot size:
- 0.17 Acres
- Year built:
- 1959
- Baths:
- 10.00
- MLS#:
- 25484395
ADDITIONAL INFORMATION
PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
$2,049,000
1335 Stanley Avenue Long Beach, CA 90804
- Type:
- Cluster
- Sq.Ft.:
- 6,810
- Status:
- Active
- Beds:
- 18
- Lot size:
- 0.15 Acres
- Year built:
- 1963
- Baths:
- 10.00
- MLS#:
- 25484309
ADDITIONAL INFORMATION
PRICED TO SELL. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. 10.6 GRM AND 6.3% CAP on in place rents, with upside to a 6.7% CAP. And only $301/SF. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.
$1,490,000
405 9th Street Long Beach, CA 90813
- Type:
- Fourplex
- Sq.Ft.:
- 2,918
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- PW24248729
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
A Beautiful historical Victorian style fourplex in Long Beach downtown area. An Excellent income producing property consist of two (2 ) 1 bedroom + 1 Bath and one (1) 2 bedrooms+1 bath with an extra attic space and a Beautiful 3 bedrooms+ 2 bath space with 2 enclosed patio room . All units are remodeled in 2018. And New roofing was done back in 2020 through-out the property. This Property is situated on the corner of W. 9th St. and Chestnut Ave. in the heart of Long Beach downtown area 1.3 miles from the famous Aquarium of the Pacific and exactly one mile north of the Long Beach city Hall.
$749,000
1233 33rd st Long Beach, CA 90810
- Type:
- Duplex
- Sq.Ft.:
- 1,488
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- DW25010117
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
this property shows two one bedroom each however the owner is currently renting them as two bedrooms each. One unit is occupied by the owners granddaughter and the seller may be able to provide this unit vacant.
$2,385,000
24 Roswell Avenue Long Beach, CA 90803
- Type:
- Mixed Use
- Sq.Ft.:
- 4,099
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- OC25009386
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
LOCATION LOCATION! 18 Roswell Avenue offers a versatile unit mix of (3) one-bedroom, one-bath units and (2) studio units, making it an attractive option for tenants seeking the perfect blend of beachside living and urban convenience. MORE PHOTOS TO COME! Prime Location: Just steps from the beach, Veterans Pier, and some of the best dining, shopping, and entertainment options in Belmont Shore. Parking Amenities: Seven carport spaces plus one private garage, a rare and highly sought-after feature in this area, ensuring tenants have valuable off-street parking. On-Site Laundry: A convenient, communal laundry facility is available, with the owner receiving a portion of the machine proceeds. Natural Light & Ocean Breeze: Each unit is filled with natural light, and tenants can enjoy the common balcony, perfect for relaxing and soaking in the cool ocean breeze. With ICONIX Gym just across the street and the beach lifestyle right at your doorstep, this property is ideally positioned for high tenant demand. Units in this building rarely stay available for long, making it an excellent investment opportunity with strong rental potential. Don’t miss your chance to own a slice of coastal paradise in one of Long Beach’s most coveted neighborhoods!
$1,350,000
5847 Cherry Avenue Long Beach, CA 90805
- Type:
- Fourplex
- Sq.Ft.:
- 3,520
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- SR25009113
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Highly desired area! New industrial and wharehouse buildings being build near by at 5860 Paramount Blvd, 5880 Paramount Blvd, 5910 Cherry Ave which will include over 500 permanent jobs near by. This gated property is located in Long Beach near Bixby Knolls area with plenty of restaurants and local shopping. It is a 4-plex with two studio units and two units with 2 bedrooms with one having 2 bathrooms and the other with 1 bathroom with his/her sink. Property gross revenue annually $91,972. Monthly utilities (water, gas, electric, trash) varies about $900 month. Utilities runs on 1 meter and divided up by tenants. Property has parking in the back for 4 vehicles and a 2 car garage with a total of 6 potential parking. The units had some updated in 2017 and 2018 with 3 of the units having laminate floor. Unit A and Unit D are pictures from 2018. Potential to make the garage into an ADU Unit #A - 2 bedrooms and 1 bath with double sink , has Central Air Unit #B- Studio with a separate kitchen Unit #C- Studio with large closet and bathroom, Unit #D-2 bedroom and 2 bathroom with large living room and 2 car garage and small patio area, has Central Air Disclosure We obtained the following information above from sources we believe to be reliable. However we have not verified it accuracy and make no guarantee, warranty, representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions ,prior sale, lease or financing or withdraw without notice. We include projections, opinions , assumptions or estimates for example only and they are not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigations of the property and transaction this includes price/unit, Price/SF, Cap rate and GRM are based on total price of the sale.
$1,099,995
21333 Santa Fe Avenue Long Beach, CA 90810
- Type:
- Cluster
- Sq.Ft.:
- 2,972
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.14 Acres
- Year built:
- 1954
- Baths:
- 4.00
- MLS#:
- 25482849
ADDITIONAL INFORMATION
Property is in need of major renovation throughout. Tenants are occupying property and none are paying rent, so eviction process will need to be initiated by new buyer. Lis Pendens is attached to property and the building is in foreclosure status.
$3,400,000
625 Elm Avenue Long Beach, CA 90802
- Type:
- Apartment
- Sq.Ft.:
- 8,710
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- PW25006856
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
625 Elm Avenue is a 21-unit multifamily investment opportunity located in Long Beach, CA. The property offers 20 studios, and 1 one-bedroom unit, with amenities including gates access, security doors, and one double car garage. This investment property is situated in the fantastic Downtown Long Beach location, surrounded by an abundance of retail, dining, and entertainment options, as well as many employers in the high-rise office buildings. Additionally, the property's close proximity to Interstate 710 provides convenient access to the Port of Long Beach and the Port of Los Angeles, two of the busiest ports in the world and a major employment hub for the region. Furthermore, 625 Elm Avenue is within close proximity of all three levels of education.
$1,849,999
628 Mira Mar Avenue Long Beach, CA 90814
- Type:
- Duplex
- Sq.Ft.:
- 2,804
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- PW24155799
- Subdivision:
- Belmont Heights (BH)
ADDITIONAL INFORMATION
BACK ON THE MARKET WITH ALL 3 UNITS TO BE DELIVERED VACANT - DON'T MISS YOUR OPPORTUNITY to make this the ideal FAMILY COMPOUND, perfect for multi-generational living or an incredible income-generating property just minutes from the beach! The charming FRONT HOUSE, remodeled in 2020, featuring original refinished hardwood floors. The bathroom has been updated and offers modern convenience and style. The kitchen boasts white shaker cabinets with soft-close features, quartz countertops, a farm sink and faucet and modern amenities such as a dishwasher and a self-cleaning gas range. Enjoy the convenience of a LAUNDRY ROOM just off the kitchen. The foundation was braced for added safety. The fenced backyard is equipped with automatic sprinklers, and the long driveway with a gate provides ample parking space (3 total). This beautifully updated home seamlessly combines modern conveniences with classic charm. UPSTAIRS BACK UNIT, built in 1987, features stunning vaulted ceilings and a balcony in the living room, creating a bright and airy atmosphere. The remodeled kitchen and bathroom showcase a modern color scheme and include a kitchen island, granite countertops and stainless-steel appliances. Each bedroom has 2 closets and wood blinds. The bathroom includes a double sink vanity. Unit benefits from a new high-efficiency mini-split system installed in May 2022, providing both heating and cooling. Enjoy the expansive private deck with serene rooftop views, perfect for relaxing or entertaining. Laundry hook-ups are available in the OVERSIZED 2 CAR GARAGE along with a 220v perfect for those with electric vehicles. The ADU, built in 2022 is equipped with modern finishes like a mini-split system for cooling and heating. Convenient inside laundry. The bathroom has a roll-in shower and new tankless water heater. ADU has dedicated alley parking space. Situated in the heart of Belmont Heights, this property offers easy access to the great amenities of the neighborhood and the beautiful Belmont Shores beach. Only 2 MILES to CAL STATE LONG BEACH! Enjoy nearby dining, shopping, parks, and the coastal lifestyle this area is known for. Don't miss this chance to add to your portfolio or move to this desirable neighborhood. Fremont ES, Rogers MS and Wilson HS. (per LBUSD) Imagine making money while living just minutes from the beach?! Come and take a private tour and see this property today!
$1,399,900
430 Esther Street Long Beach, CA 90813
- Type:
- Mixed Use
- Sq.Ft.:
- 3,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- PW25008374
- Subdivision:
- Poly High (PH)
ADDITIONAL INFORMATION
GREAT INVESTMENT OPPORTUNITY IN THE HEART OF LONG BEACH, CLOSE TO TRANSPORTATION, DOWNTOWN LONG BEACH. FRONT HOUSE HAS 3 BEDROOMS 2 BATHROOMS, SEPARATE BUILDING CONSISTING OF 4 UNITS EACH WITH 1 BEDROOM 1 BATH. THERE ARE 3 CAR GARAGES AND PLENTY OF PARKING INSIDE THE PREMISES.
$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#:
- 25481099
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 without Rent Control. 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!
$1,200,000
1921 Washington Street Long Beach, CA 90805
- Type:
- Fourplex
- Sq.Ft.:
- 3,184
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- PW25003991
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units have been partially renovated during the most recent tenant transitions. This property also has storage and laundry room opportunities for potential sellers to build out. Price $1,250,000 Price/Unit $312,500 Price/sqft $408 Current Cap Rate 5.35% Market Cap Rate 6.26% Current GRM 16.62 Market GRM 14.43
- Type:
- Mixed Use
- Sq.Ft.:
- 2,463
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- PW25006065
ADDITIONAL INFORMATION
Great opportunity to own a mixed use property. Both residential units are occupied and not on leases. Commercial unit is vacant. Formally built out as dispensary. Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.
$1,495,000
3622 Pacific Avenue Long Beach, CA 90807
- Type:
- Duplex
- Sq.Ft.:
- 3,243
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- DW25005574
- Subdivision:
- Los Cerritos (LC)
ADDITIONAL INFORMATION
GORGEOUS DUPLEX.....THIS IS A CASH "AS IS" SALE ONLY AS WE DO NOT AND WILL NOT HAVE ACCESS TO EITHER OF THE UNITS ON THE PROPERTY. YOU ARE BUYING IT SIGHT UNSEEN AND WILL NOT HAVE ACCESS FOR APPRAISALS, INSPECTIONS OR VIEWINGS. WE ARE LOOKING FOR THE BEST "ALL CASH" OFFER FOR THE PROPERTY SO WE CAN TAKE IT TO COURT TO BE CONFIRMED BY THE JUDGE, OVERBIDDING MAY BE ALLOWED IF THE JUDGE DECIDES IT IS NEEDED..... DON'T WAIT AND SEND US A CASH OFFER, ALL CASH OFFERS WILL BE CONSIDERED HIGH OR LOW.... Located in the highly sought after Los Cerritos area of Long Beach this duplex is priced to sell.... From the street, the house looks to be in fantastic shape with meticulously maintained landscaping, but we have not seen the interior. The front house is three bedrooms with three bathroom and is almost 2,000 sqft and has some updated duel pane windows installed. The separate back unit is 1,260 sqft and has three bedroom and two bathrooms and a roof top deck. There is also a detached two car garage as well. All this on a giant 9,163 sqft flat lot.... THE SALE COMES WITH THE TENANTS, SO THE NEW BUYER WILL NEED TO DO EVICTIONS OF BOTH AFTER ESCROW HAS CLOSED. SELLER WILL NOT EVICT SO PLEASE DO NOT ASK. Please submit your best all cash offer no later than 1/23/25. THIS SALE IS SUBJECT TO COURT CONFIRMATION AND A 60 DAY APPEAL PERIOD THAT STARTS AFTER THE COURT HEARING DATE. ALL OFFERS MUST HAVE PROOF OF FUNDS A TRUST ADVISORY AND A FULL CONTINGENCY RELASE ATTACHED. NO EXCEPTIONS.
$2,149,900
265 Corona Avenue Long Beach, CA 90803
- Type:
- Triplex
- Sq.Ft.:
- 3,616
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1945
- Baths:
- MLS#:
- SB24198353
- Subdivision:
- Belmont Park (BP)
ADDITIONAL INFORMATION
Welcome to this exceptional 3-unit property in the highly desirable Belmont Shore neighborhood! Just a short distance to the canals and beaches, enjoy ocean breezes with the perfect blend of coastal living and vibrant community! The standout 3-bedroom unit offers a blank canvas, ready for your personal touch, with abundant natural light and a large backyard perfect for entertaining. Situated on a spacious 7,400+ sq ft lot, this property is close to top-rated schools, beautiful parks, and the lively 2nd Street Shopping & Dining District. Nearby area highlights include Marine Stadium (future 2028 Olympic venue), Belmont Pier, aquatic activities, and local favorites like Rosie’s Dog Beach. Enjoy community events like Stroll & Savor, the Belmont Shore Car Show, and holiday parades on 2nd Street. Plus, two double-car garages offer secure parking, storage, or potential ADU development! Don’t miss this rare opportunity to own in one of Long Beach’s most sought-after neighborhoods!
- Type:
- Mixed Use
- Sq.Ft.:
- 9,708
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- SB25005115
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
125 Ximeno Ave offers an exceptional opportunity for investors seeking a standout addition to their portfolio. This 18-unit legacy apartment building features a versatile mix of (2) 2-bedroom/1-bath units, (12) 1-bedroom/1-bath units, and (4) studio units, encompassing a total of 9,708 square feet on a spacious 9,462-square-foot lot. The property includes desirable amenities such as a shared heated pool and a courtyard, providing residents with both comfort and convenience. With a strong 5.16% CAP rate and a cost of $319K per unit, this investment delivers undeniable potential. Located less than two blocks from the beach and just steps away from the top-tier retail and dining options along 2nd Street, 125 Ximeno Ave boasts a premier Long Beach location. Whether your goal is consistent returns or leveraging the area's ongoing growth, this property offers a prime opportunity in an A+ location.
Long Beach Real Estate
The median home value in Long Beach, CA is $740,000. 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 $740,000. 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.