Long Beach CA Multi Family for Sale

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

We are pleased to present a 10 unit apartment building located at 525 Linden Avenue in Long Beach, California. This is a value-add opportunity in a great location of East Village in Long Beach. 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 6,868 rentable square feet spread throughout a 7,536 square foot lot. It was built in 1973 and consists of 8 one bedroom / one bathroom units and 2 two bedroom / two 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 8 garages 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.

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

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! This property is back on market as the buyers were unable to obtain loan approval.

ADDITIONAL INFORMATION

We are pleased to present 1102 Termino Avenue located on the northeast corner of E 11th Street and Termino Avenue in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, CA. The 2-story 7-unit multi-family residential apartment building was originally built in 1923 and substantially renovated in 2019/2020. The subject pr operty consists of approximately 5,751 square feet of building area including an approximately 536 sq. ft. four car f ree standing garage structure and a yard area of approximately 1,100 sq. ft. The entire parcel totals approximately 5,597 sq. ft of land area. Tenants enjoy living in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, a short distance to The Long Beach Greenbelt, Recreation Park, including two (2) golf courses, Billie Jean King Tennis Center, Blair Field, Colorado Lagoon, Marine Stadium, local beaches, California State University of Long Beach. The subject property is conveniently near the popular retail, entertainment, and dining district of Belmont Shore’s 2nd Street that offers more than 250 unique upscale boutiques, specialty shops, and a myriad of coffee shops, cafes, casual dining taverns, and eclectic international specialty restaurants. Other districts nearby the property include the East Village Arts District, 4th Street Retro Row and the Zafferia commercial corridor. Also close to the property is the Downtown Long Beach Business District which provides unique destinations, both historic and new, that attract over six million visitors annually. One of the city’s most revered attractions, The Queen Mary, arrived in Long Beach in 1967 and has since impressed millions of visitors with its art deco interiors and glimpses into a bygone era. The Aquarium of the Pacific, on the other hand, provides an intimate look into the future of marine biology and sustainability. Hotels, restaurants, and other tourist-oriented venues including Shoreline Village, The Pike and Rainbow Harbor Waterf ront surround the juggernaut that is the Long Beach Convention and Entertainment.

ADDITIONAL INFORMATION

Prime location in Belmont Shore, South of 2nd St. Single-story duplex, each unit is a 1 Bedroom. Hardwood Floors. Includes 2 single-car garages (one is over-sized) off the alley. Vinyl dual-pane windows in upgraded in front unit. New roof in Nov. 2014. Also available (next door) and a "separate parcel" is 176 St. Joseph. These are identical side-by-side duplex's, on separate lots - Buy both and own 4 units! These two duplex's have been within the family for many years - a fixer and value add opportunity! Best priced duplex/4 units in the shore.

ADDITIONAL INFORMATION

Prime location in Belmont Shore, South of 2nd St. Single-story duplex, each unit is a 1 Bedroom. Hardwood Floors. Includes 2 single-car garages (one is over-sized) off the alley (see supplement to this MLS for appx. measurements). Vinyl dual-pane windows in upgraded in front unit. New roof in Nov. 2014. Also available (next door) and a "separate parcel" is 178 St. Joseph. These are identical side-by-side duplex's, on separate lots - Buy both and own 4 units! These two duplex's have been within the family for many years - a fixer and value add opportunity! Best priced duplex/4 units in the shore.

ADDITIONAL INFORMATION

Welcome to this exceptional two-unit property in the heart of Long Beach, offering an incredible opportunity for both investors and first-time buyers. Each unit features two spacious bedrooms and well-appointed living areas, making it perfect for tenants or owner-occupants alike. The property includes a long, private driveway that leads to abundant garage space in the back, providing ample parking and storage options for vehicles, equipment, or additional belongings.A standout feature of this property is the additional **studio unit** located in the back, currently rented out for **extra income**, making this an even more appealing investment. Situated just minutes from the beautiful Long Beach coastline, you’ll enjoy the best of Southern California living, with the convenience of being centrally located between major freeways. Popular shopping centers, restaurants, and entertainment hubs are all just a short drive away, ensuring everything you need is within reach.This property also offers **endless potential** for expansion, with the opportunity to build an ADU (Accessory Dwelling Unit) in the spacious backyard, creating even more living space or income potential. Whether you’re an investor looking to add a valuable asset to your portfolio or a first-time buyer searching fo

ADDITIONAL INFORMATION

Perfect Investment Property! 3 separate houses in one lot. The subject property is located in a well established and desirable residential neighborhood, comprise of similar size and style, homes on average well landscaped site. This area is popular due to it is close proximity to downtown Los Angeles, several freeways as well as local shopping/service facilities found within a mile.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Beach living at its finest! The Peninsula in Long Beach is surrounded by Alamitos Bay and the Pacific Ocean! This beautiful duplex is perfect for the owner to live in the front unit! Featuring 3 bedrooms, 2 baths, an open concept kitchen and living room. The Private Primary Suite is on the first level features a gas burning fireplace, a walk in closet and 2 additional individual closets for extra storage. The Primary Bath attached for the ultimate privacy. Upstairs features beautiful wood flooring, open concept with the kitchen open to the living room so you can enjoy the peek a boo view of the bay and the gas burning fireplace! Private patio to BBQ or just enjoy the ocean breeze! Attached 2 car garage, ceiling fans, central air conditioning plus so much more! Our 2nd unit has a private living room downstairs or could be used as a bedroom, with a circular staircase leading upstairs to the kitchen and 2 bedrooms! 1 car garage for this unit! Perfect to have income! This property is on the Ocean side of the peninsula, Steps to the sandy beach! Walk or ride bikes to Belmont Shore or get your paddle boards out and enjoy the bay! Beach living at its finest!

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

DO NOT CONTACT THE OWNER. AGENT STILL HOLDS A VALID CONTRACT. Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area, the property presents over 18% rental upside potential. 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!

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

Single Story Duplex in Belmont Shore Meticulously maintained single-level Spanish-style duplex in the heart of Belmont Shore, Long Beach. Brimming with the charm and character of classic Spanish architecture, the property features stunning hardwood floors, custom built-ins, and original tilework throughout. Offering two distinct units—a 2-bedroom, 1-bath and a 1-bedroom, 1-bath—this home is ideal for extended family living, or as a fantastic live-in and rent-one opportunity. Each unit has its own private entrance, with the 2-bedroom accessed via Loma Ave (Casa Lom), and the 1-bedroom via Vista Ave (Casita Vista), ensuring both privacy and convenience. Whether you're drawn to the timeless architecture or the prime location, this property offers both elegance and versatility. Don't miss out on this rare opportunity—schedule your showing today and see for yourself all the charm and potential this Spanish-style duplex has to offer! First Showing Saturday 9/14. 1 PM, Sunday 9/15. 1 pm

ADDITIONAL INFORMATION

Drastic price reduction. 2030 E. Spaulding Way is a 4-unit apartment complex centrally located in Long Beach, California. The property is comprised of four studio apartments in move-in condition. Furthermore, the sale includes a lot behind the four units, laundry room, storage, and a bonus room. Centrally located in the heart of the Long Beach. Price includes both properties with two parcels numbers: One for the four units at the front and a different parcel number for vacant lot at the back.

ADDITIONAL INFORMATION

Single Family Residence with a permitted ADU and Jr. ADU. Great Lakewood Village Location. Owner can live in one unit and rent the other two units. The original house is a 3 bedroom 2 bathroom consisting of approximately 1046 square feet. The ADU is a free-standing 2 bedroom, 2 bathroom consisting of approximately 942 square feet. The Jr. ADU is a studio apartment consisting of approximately 463 square feet. All three units have separate entrances, fenced yard areas, new HVAC systems and separately metered utilities. The ADU and Jr. ADU were built with permits in 2023.

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

OUTSTANDING OPPORTUNITY!!! Prime Belmont Heights CORNER lot property. Originally crafted in 1951, and sitting on a larger corner lot in the highly sought after and vibrant neighborhood of Belmont Heights, is this wonderfully maintained duplex. Exterior of entire building has been freshly painted. Main unit features 2 bedrooms and 3 bathrooms, interior laundry room, forced heat, bonus butlers pantry area off kitchen with extra sink/prep area, gas stove hookup and an atrium that MIGHT be able to be converted into a 3rd bedroom, check with contractor and the city. New interior paint, verticle blinds, wood laminate flooring and carpeting in front unit. 2nd unit which faces 3rd Street ( 4030 E 3rd ) features 2 bedrooms and 1 bathroom. Separate laundry room off the kitchen. Full bathroom with separate tub and shower. Kitchen features electric stove- all appliances , except the stove, in the unit belong to the tenants. Floor heater in 2nd unit. One common wall. Both units each have fireplaces, lots of closet/storage areas and their own 1 car garages with direct access into the units. Water is paid by owner Each unit has it’s own electric and gas meter- one water meter on property. Gas and electricity paid by tenant for their unit Very unique property that surely will not last long! 3D matterport video links for each unit : https://my.matterport.com/show/?m=PtNcMvH8GCf&mls=1 https://my.matterport.com/show/?m=mkKg5pAWva5&mls=1

ADDITIONAL INFORMATION

Sage Real Estate is Proud to present this exceptional 4-Unit Investment Opportunity in Prime Belmont Shore! Discover the epitome of coastal living with this exquisite 4-unit property located in the heart of Belmont Shore, just steps from the beach and the vibrant shops and cafes of 2nd Street. This building offers a blend of lifestyle and investment potential, ideal for both family legacy and savvy investors. Unit Mix: Features two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each unit showcases recent upgrades including new stucco, paint, windows, and a completely redone roof, blending modern comfort with elegant design. Amenities: Residents enjoy on-site parking, communal laundry facilities, and secure bicycle storage, enhancing both convenience and desirability. Investment Potential: Positioned in a high-demand rental market, this property offers strong rental yields and appreciation potential. A trophy asset that promises growth and stability. One bedroom unit will be delivered vacant at closing. Lifestyle: Offer your tenants a lifestyle of ease and luxury, where they can enjoy beach mornings and evenings exploring local dining and retail—all within walking distance. This property is a unique opportunity to secure a piece of Belmont Shore, renowned for its strong community feel and high quality of life. Don’t miss out on this chance to invest in a location where demand continues to grow.

ADDITIONAL INFORMATION

We are offering the opportunity to acquire The Broadway Retail and Apartments, a 10 unit mixed use building located in the Bluff Park area of Long Beach, CA. The property offers (3) commercial storefront units, (2) 1 bedroom units, and (5) two bedroom units, producing excellent income. Community amenities include on-site laundry as well as a spacious central courtyard for tenants to enjoy. The buildings have been very well maintained showing clear pride of ownership. There is untapped potential for additional income and ADU's with the property footprint containing ample storage and garage parking in the rear. The Broadway Retail and Apartments provides an investor the opportunity to acquire an income producing asset in a prime location in Long Beach. Opportunity to own a premium corner lot in a great Bluff Park location of Long Beach. This mixed-use property has retail units on Broadway, a main corridor, along with apartments on top of the retail and behind. The property also has a rear courtyard and garages, providing advantages that many similarly located properties do not have. Property Address also commonly referred to as 221-235 Wisconsin Ave.

ADDITIONAL INFORMATION

Located in the downtown area. Property has a new roof, and the upstairs pathway and balcony deck has been resurfaced. The complex is near the beach, restaurants, shops, public transportation and central downtown. There are five garages and the complex is gated.

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.