Long Beach CA Multi Family for Sale
$1,150,000
532 Cherry Avenue Long Beach, CA 90802
- Type:
- Fourplex
- Sq.Ft.:
- 2,016
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- PW24239437
- Subdivision:
- Eastside (ES)
ADDITIONAL INFORMATION
PRIME EASTSIDE LOCATION! 4-PLEX ALL 1 BEDROOM/1 BATHROOM UNITS. 2 GARAGES AND 1 ADDITIONAL PARKING SPACE AND ONSITE LAUNDRY ROOM BOTH BRINGING IN ADDITIONAL INCOME!! REMODELED UNITS. NEWER EXTERIOR PAINT PROPERTY. GREAT RENTAL MARKET WITH CLOSE PROXIMITY TO CSULB, SHOPPING, RESTAURANTS AND ONLY 5 BLOCKS TO THE BEACH! HURRY THIS 4-PLEX WILL NOT LAST LONG!
$1,395,000
111 67th Way Long Beach, CA 90805
- Type:
- Triplex
- Sq.Ft.:
- 2,268
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1929
- Baths:
- MLS#:
- OC24239230
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Luxurious, Fully Rebuilt Three-Unit Property, A Rare Income and Lifestyle Opportunity Experience the perfect harmony of modern design and practicality with this fully rebuilt three-unit property. Ideal for families or investors, this move-in-ready gem boasts high-end upgrades and a focus on luxury throughout. All work it done with proper permits. Live in one unit, and the rent from the other two units will cover the mortgage. Property Highlights • Completely Rebuilt: Brand-new: Electrical Systems, Plumbing, Roofing, Air Conditioning system, Automatic Sprinkler System, Double Pane Milgard Windows, and Flooring across all units. • Meticulously Designed Interiors: Modern open floor plans, high-quality finishes, and full-tile bathrooms with exquisite stone designs. • Independent Utilities: Each unit is separately metered for electricity and gas. Unit Details: Front House (Unit 1): • Spacious 3-bedroom, 2-bathroom layout. • Primary bathroom features a full bath with stunning floor-to-ceiling stone finishes. • Secondary bathroom boasts an elegant standing shower with premium stone accents. • Projected Rental Value: $4,100. ADU (Unit 2): • Modern 2-bedroom, 2-bathroom unit. • Bathrooms feature stone-accented standing showers and chic, lighted mirrors. • Projected Rental Value: $3,200 JADU (Unit 3): • Cozy 1-bedroom, 1-bathroom space. • Thoughtfully designed with a stylish standing shower and ceiling-high stone finishes. • Projected Rental Value: $2,600 $$$ Investor's Dream: Exceptional Rental income potential with very low operation expenses Estimated at or below 10% Annually due to new Construction with Hi-Cap Rate $$$. Additional Features • Modern kitchens with brand-new appliances in all units. • New washers and dryers in each unit for added convenience. • Each unit has a dedicated front yard with ample room for gardening and outdoor dining. • Beautifully landscaped front yard with fresh grass and new automatic sprinklers. • Serene backyard featuring fruit trees, creating a tranquil oasis. • Parking space for 4 cars. https://111East67thWay1818171mls.f8re.com/ https://vimeo.com/1036491765?share=copy#t=0
- Type:
- Single Family
- Sq.Ft.:
- 268
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.77 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- CV24238789
- Subdivision:
- North Long Beach (NLB)
ADDITIONAL INFORMATION
Discover the perfect blend of history and creativity in this space, nestled within the iconic Lafayette Building in the vibrant Long Beach Arts District. Currently used as an office, this versatile space offers endless potential for professional use. The Lafayette Building boasts a rich architectural history and is surrounded by an eclectic mix of galleries, cafes, and entertainment, embodying the artistic energy of the area. Enjoy access to a variety of building amenities while being just steps away from the cultural and culinary delights of downtown Long Beach.
$1,450,000
165 Quincy Avenue Long Beach, CA 90803
- Type:
- Duplex
- Sq.Ft.:
- 2,007
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24238178
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
Classic Spanish home with front building containing a highly upgraded 2 br. 2 ba. home with a fully permitted rear addition built in 1975 that is attached but not connected to the front living space, consisting of a large one bedroom, family room two-story, 880 sq. ft. addition with an attached single car garage. The kitchenette in the rear building appears to be unpermitted. This property appears to be ideally suited for a possible ADU or 2nd un it. The rear living space has a downstairs living area with fireplace, upgraded plank flooring and huge upstairs bedroom with a small deck, large windows, ceiling fan, central heat & a/c and spacious closets. This property appears to be ideally suited for a possible ADU or 2nd unit. The rear living space has a downstairs living area with fireplace, upgraded plank flooring and huge upstairs bedroom with full glass & marble bathroom. This potentially could be a fantastic separate rental or ADU, if permitted. The front 2 br. 2. bath Spanish home has been nicely upgraded with plank flooring, upgraded kitchen with Caesarstone finishes and subway tile backsplash. Other amenities include arched windows, built-ins, upgraded windows throughout, laundry room & central a/c. This property is move-in ready throughout and could be an ideal home with potential income unit in the rear!
$1,049,000
713 1st Street Long Beach, CA 90802
- Type:
- Duplex
- Sq.Ft.:
- 1,444
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- PW24237621
- Subdivision:
- Alamitos Beach (AB)
ADDITIONAL INFORMATION
Hidden Gem in the East Arts Village District of Long Beach. This fully renovated mid-century modern duplex has the perfect vibe! Penthouse unit has loads of natural light, contemporary accents and a fantastic open floor plan. Approximately 1000 sq. feet with a huge primary suite with gorgeous hardwood floors and modern en suite bathroom. Kitchen has a sleek design with custom cabinets, Caesar Stone counter-tops, stainless appliances, and porcelain flooring. Lower unit resembles top on a smaller scale. Property has a back-yard garden sanctuary in the middle of the city! Attached garage with direct access to unit. Stackable Laundry too! Great location and a short distance to the water, restaurants, coffee houses and Convention & Performing Arts Centers. Truly a must see!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 1
- Lot size:
- 0.77 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- CRCV24238789
View additional info
Courtesy: REALTY ONE GROUP EMPIRE
ADDITIONAL INFORMATION
Discover the perfect blend of history and creativity in this space, nestled within the iconic Lafayette Building in the vibrant Long Beach Arts District. Currently used as an office, this versatile space offers endless potential for professional use. The Lafayette Building boasts a rich architectural history and is surrounded by an eclectic mix of galleries, cafes, and entertainment, embodying the artistic energy of the area. Enjoy access to a variety of building amenities while being just steps away from the cultural and culinary delights of downtown Long Beach.
$1,125,000
1132 Arcadia Court Long Beach, CA 90813
- Type:
- Apartment
- Sq.Ft.:
- 2,886
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- SB24178774
ADDITIONAL INFORMATION
6.01% current in place cap rate and 10.76 GRM with tons of upside (43% rental upside). Value-Add investors will want to take note of of the ADU opportunity on this asset. RARE 8 parking spaces on this overparked asset. 1132 Arcadia is a perfect asset for a new or experienced investor located at the end of a quiet Culde- sac near the hottest and fastest growing market in LA Counties own in Long Beach. Great unit mix comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units, most of which have been lightly renovated in the past 2 years. There are 8 parking spaces on site, adding significant value to the property. Each unit is separately metered for gas and electric. The subject property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.
$3,300,000
728 Cerritos Avenue Long Beach, CA 90813
- Type:
- Apartment
- Sq.Ft.:
- 11,750
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- PW24076719
ADDITIONAL INFORMATION
We are pleased to present a 19+1 unit apartment building located at 728 Cerritos Avenue in Long Beach, California. This is a value-add opportunity in a great location. The subject property is close to 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 of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. One property was built in 1924 and the other was built in 1952. The properties consist of 5 studios, 12 one bed/one bath units and 2 two bedroom / one bath units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 9 garages which 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.
- Type:
- Duplex
- Sq.Ft.:
- 1,076
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1936
- Baths:
- MLS#:
- PW24236648
- Subdivision:
- Circle (CA)
ADDITIONAL INFORMATION
Welcome to 1022 Raymond Ave. Completely remodeled with 3 Bedrooms & 1 Bathroom upstairs and 2 Bedrooms and 1 Bathroom downstairs. Attached garage to the bottom unit with ample parking. Each unit has it's own entry and courtyard for privacy or storage. Each unit has it's own meters for utilities. Upstairs is a long term month to month tenant. Downstairs is vacant with a recent remodel. In the hear of long beach with lots of restaurants and shopping walking distance from the property. Feel free to reach out with any questions.
$2,700,000
20 Roycroft Avenue Long Beach, CA 90803
- Type:
- Mixed Use
- Sq.Ft.:
- 2,960
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- PW24236413
- Subdivision:
- Belmont Shore (BSD)
ADDITIONAL INFORMATION
Welcome to 20 Roycroft Avenue, its location doesn’t get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.
$4,100,000
927 Daisy Avenue Long Beach, CA 90813
- Type:
- Cluster
- Sq.Ft.:
- 13,641
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- PTP2407022
ADDITIONAL INFORMATION
Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress - current Owner already passed the pre-planning stage with the City. All existing units are metered separately. There is a controlled-access gate for extra privacy and security for all tenants. A community laundry room is offered on the property and can acquire extra income. At 100% occupancy, this property has a CAP rate of 5.52%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.
$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.
$2,150,000
1464 Gardenia Avenue Long Beach, CA 90813
- Type:
- Apartment
- Sq.Ft.:
- 5,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- SB24234194
- Subdivision:
- Poly High (PH)
ADDITIONAL INFORMATION
Significant Price reduction!!! Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 6.2% and a GRM of 10.61 with an additional 4% in upside to a market cap rate of 6.6% and a 10.13 GRM. Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just completed at the rear of the property separated by a new turf courtyard. ADUs include mini-split AC units, in-unit laundry hookups, open concept kitchen/living areas, stainless steel appliances, high grade cabinets, quartz countertops, and full-sized bathrooms. Parking for 3-4 cars in the rear of the property.
$4,100,000
121 Ximeno Avenue Long Beach, CA 90803
- Type:
- Cluster
- Sq.Ft.:
- 4,272
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.07 Acres
- Year built:
- 1954
- Baths:
- 9.00
- MLS#:
- 24463345
ADDITIONAL INFORMATION
100% Gut-Renovated 9-unit building in Belmont Shore cash flowing at an amazing Current Cap Rate of 5.25% and 13.6 GRM. All units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. The unit mix provides unparalleled versatility, including 2 spacious (2bed/1bath) units ideal for families, as well as 5 modern (1bed/1bath) units, and 2 (studio/1bath) units perfect for individuals seeking comfort and style. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency (4 vacant). On top of that, the major systems have been updated including electrical, plumbing, HVAC, etc. The property is located in the heart of Belmont Shore within walking distance of the Pacific Ocean and the Beach. Located just steps away from all the neighborhood attractions, restaurants, bars, and shops on 2nd St such as Sait & Second, Nick's on 2nd, The Win~Dow, Simmzy's, Roe Seafood, Breakfast Republic, Sweet Jill's Bakery, Galata Ice Cream, and many more popping up all around the area.
$1,875,000
1426 Rose Avenue Long Beach, CA 90813
- Type:
- Fourplex
- Sq.Ft.:
- 4,676
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- PW24232551
ADDITIONAL INFORMATION
Here is a large four-plex property available with spacious units in the city of Long Beach, only 2 to 3 miles from the beach, schools, CSULB, Veteran Affair Medical Center, and a golf course. Property has four units: Each units 3Bed / 2 Bath. Strong rental area with tons of upside on rent would be a great source of income. Located convenient to shopping and walking distance to great restaurants and public transportation, Will not last long, please contact as soon as possible.
$2,562,000
1467 Cedar Avenue Long Beach, CA 90813
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- CL24463183
View additional info
Courtesy: CB Richard Ellis, Inc.
ADDITIONAL INFORMATION
1467 Cedar Ave. is a 12-unit value-add asset located in Long Beach. The property offers one- & two-bedroom floor plans and option to convert existing garages into additional unit(s).
$1,400,000
1435 Walnut Avenue Long Beach, CA 90813
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- CL24463141
View additional info
Courtesy: CB Richard Ellis, Inc.
ADDITIONAL INFORMATION
1435 Walnut Ave. is a 6-unit multifamily property located in an opportunity zone. This value-add asset has all two-bedroom floorplans with over 770 SF each. Recent capital improvements include new roof installed in 2024.
$1,250,000
534 Maine Avenue Long Beach, CA 90802
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- CL24462853
View additional info
Courtesy: Lyon Stahl Investment Real Estate, Inc.
ADDITIONAL INFORMATION
534 Maine Ave is a 4-unit building, originally built in 1924. This property comprises (3) spacious 2-bedroom units, each approximately 725 square feet, and (1) 1-bedroom unit at 460 square feet. One of the 2-bedroom units are currently vacant offering opportunity for a owner-user. Additionally, there is a 30% potential rental upside, providing an excellent opportunity for income growth with market adjustments. The property has been meticulously maintained and upgraded, reducing the need for substantial capital expenditures. The owner has undertaken significant improvements, including modern renovations to all units, creating a fresh, move-in-ready atmosphere. Updated landscaping enhances the curb appeal and ensures low-maintenance upkeep for future ownership. Each unit is individually metered, the owner covers water and sewer costs, while tenants are responsible for gas, trash, and electricity. This is a perfect fit for an investor or owner-user looking for a turnkey, well-located property with major capital improvements already completed, offering immediate cash flow and future upside potential.
$2,000,000
1025 Locust Avenue Long Beach, CA 90813
- Type:
- Mixed Use
- Sq.Ft.:
- 5,498
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- PW24230683
- Subdivision:
- Downtown (DT)
ADDITIONAL INFORMATION
Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5,498 sq. ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!
- Type:
- Apartment
- Sq.Ft.:
- 2,562
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- SB24230329
ADDITIONAL INFORMATION
2633 Santa Fe Ave is a promising opportunity for an investor or owner-user. This property invites a new owner to put personal touches on the property and immediately capture market rents. Situated on a large 7,656 sq ft lot, it offers (4) four single storied 1-bedroom/1-bath units each with their own garage space. Strategically located, this property is poised to take advantage of Long Beach’s ongoing urban development and revitalization efforts. Commuters love this location as it is closely located to the 710 which provides quick access to the 405, 91, 15, 10, and 5.
$1,425,000
1980 Chestnut Avenue Long Beach, CA 90806
- Type:
- Apartment
- Sq.Ft.:
- 3,534
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- PW24230586
- Subdivision:
- Wrigley Area (WR)
ADDITIONAL INFORMATION
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
$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.
$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.
$1,750,000
1534 Grand Avenue Long Beach, CA 90804
- Type:
- Fourplex
- Sq.Ft.:
- 3,570
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- SB24220351
ADDITIONAL INFORMATION
Unique investment opportunity, this 4-unit building is nestled in a fenced courtyard with 3 other 4-unit buildings around a shared swimming pool. Each of the Quads is a separate parcel. The property consistently maintains a solid tenant base and low vacancy rates. Professionally maintained, manicured lawn surrounded by trees. The floorplans consist of 3 large one-bedroom apartments and a large two-bedroom, two-bathroom townhouse that has a balcony, fireplace, enclosed patio, and laundry. There is a dishwasher in each unit. Units are separately metered for gas and electricity. There are 4 attached garages with automatic garage door openers. and 4 additional off-street parking spaces. 1534 Grand is a great location, close to retail shopping areas, Cal State University Long Beach, freeways, and Downtown Long Beach.
$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.
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.