Long Beach CA Multi Family for Sale

ADDITIONAL INFORMATION

This property offers a great investment opportunity with current market rents and potential for value growth. Located near schools, restaurants, and freeways, it provides convenient alley access to 4 parking spots. Each unit features 2 bedrooms, 1 bathroom, and is approximately 587 sq ft. A few upgrades include newer concrete in common areas, newer windows, updated plumbing in the kitchens and bathrooms, and new tile in some units. The property is also secured with gates at both the front and rear.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

Very spacious and well maintained units. Large owners unit and duplex. One 3 bed, 2 bath unit and two 2 bed, 1 bath units with 5 garage spaces and laundry room. Each garage has a large storage space in the back. Great rental income. Perfect for owner occupant/ investor!!!

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Welcome to 5113 E The Toledo, a beautifully designed four-plex in the heart of Belmont Park. Just steps from the scenic canals and vibrant Belmont Shore, this residence offers an ideal blend of coastal charm and modern convenience. The open-concept layout features a bright living area, a gourmet kitchen with stainless steel appliances, and a luxurious master suite. Outside, a private patio provides the perfect space for al fresco dining and relaxation. With central air, two spacious two-car garages, and proximity to beaches, parks, and shopping, this home embodies Southern California living at its finest. All units have been remodeled. This property features three 1-bed, 1-bath units, along with a spacious 2-bed, 1-bath unit perfect for use as an owner’s suite. Offering the rare opportunity for immediate owner-occupancy or new tenants at market rent. With significant upside in rents and value-add potential, this is an excellent opportunity for investors or owner-users looking to maximize returns.

ADDITIONAL INFORMATION

Introducing 340 E 19th, a prime duplex situated in the vibrant heart of Long Beach. This property radiates coastal charm and offers unparalleled convenience, just a 10-minute drive from both the sparkling ocean and the lively downtown area. Enjoy easy access to shopping centers, transportation, and freeways, while being close to Pine Street and Downtown Long Beach, which provide a wealth of dining, entertainment, and cultural experiences. Set on a distinctive 5,833-square-foot lot, this property presents the exciting potential to add an additional Accessory Dwelling Unit (ADU), allowing for exceptional flexibility and future development opportunities. The duplex features a generous 2-bedroom unit with 1.5 bathrooms and a spacious backyard accommodating up to four vehicles or recreational toys. The front unit boasts three bedrooms, two bathrooms, and parking space for up to three vehicles in the driveway. Both homes have been meticulously upgraded, including modern electrical and panel systems, dual-pane windows, copper plumbing, a newer roof, tankless water heaters, and energy-efficient split air conditioning units. At 340 E 19th, you are not merely acquiring a property; you are investing in a promising real estate opportunity, versatile development potential, and the coveted Southern California lifestyle.

ADDITIONAL INFORMATION

Pride of Ownership, Three Unit, Trophy Property! Located within the highly sought after community of Belmont Heights, less than a few blocks from the Ocean and world renowned “2nd street”, which houses amazing fashion stores, high end restaurants, bars and coffee shops! The front home is a completely detached, picturesque 1920’s craftsman, featuring classic characteristics and qualities of early 20th century architecture – boasting an impressive open floor plan, built in cabinetry, an abundance of natural light with an extensive list of upgrades throughout. Several features include a beautifully remodeled kitchen, upgraded with granite counters, stylish glass tile backsplash, custom cabinetry & stainless steel appliances. Both bathrooms received extensive upgrading, which includes all new vanities, tile flooring/wainscot and all new fixtures throughout. The two rear upper level units were extensively upgraded, and are in "like new" condition! Upgrades include all new kitchens, Corion counters, mosaic tile backsplash, all new cabinetry, fixtures and stainless steel appliances. Bathrooms were tastefully upgraded with all new vanities, tile flooring/wainscot and new fixtures throughout. A complete list of upgrades has been prepared and will be provided on request.

ADDITIONAL INFORMATION

Pride of Ownership, Four Unit, Trophy Property! Located within the highly sought after community of Alamitos Beach, merely footsteps from the sand. 17 Bonito is a picturesque early 1900's building, featuring classic characteristics and qualities of early 20th century architecture – boasting high ceilings, built in cabinetry, large open floor plans and an abundance of natural light. The asset is separately metered for gas and electric and has its own large laundry room.Recent upgrades include; updated electrical wiring/panels, newer plumbing/gas lines and new roof. Interior unit upgrades are extensive and will be provided on request. Leasing in this location is in incredibly high demand, due to the buildings design, unit floor plans and proximity to the ocean, restaurants, trendy coffee shops and high end retail stores. Long Beach’s “2nd street”, is well known for its amazing fashion stores, restaurants, bars and coffee shops, located just a short drive down Ocean blvd!

ADDITIONAL INFORMATION

Welcome to an exquisite jewel nestled in the heart of Long Beach, CA. This captivating Spanish inspired home boasts unparalleled elegance and coastal charm. Stepping through the door, you're greeted by an airy, open layout that effortlessly merges modern sophistication with timeless comfort. Both units have Quartz counters, laminated wood flooring and tile in bathroom and kitchen spaces, Freshly painted, Central heating and AC and new roof was installed this year in February. Seller just put in a new electrical panel with permits along with copper pluming and a backyard drain to avoid flooding. Outside, the meticulously landscaped grounds beckon you to bask in the California sunshine or have a small and intimate private gathering. Conveniently located near coveted amenities, dining, and entertainment options, this home epitomizes the epitome of Long Beach lifestyle and captures the essence of Long Beach living!!!

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Gorgeous Remodeled 3-Unit Property in Desirable North Long Beach This beautifully renovated multi-unit property offers a fantastic investment opportunity in a sought-after area of North Long Beach. It consists of 2 attached 1-bedroom, 1-bathroom units and a newly constructed, standalone 3rd unit (built in 2024), providing spacious living arrangements for tenants or owner-occupants. Key Features: Completely Remodeled: All units have been fully renovated inside and out with modern finishes. Upgrades Include: New flooring throughout Brand-new roof Fresh interior and exterior paint Fully updated kitchens with new countertops and appliances Renovated bathrooms with contemporary fixtures Standalone 3rd Unit (Built in 2024): A spacious 1-bedroom, 1-bathroom unit with modern amenities. Individual Utilities: Each unit has its own electric meter and remote-controlled heating/cooling wall units, providing tenants with comfort and privacy. Vacant Units: 2 units are currently vacant, allowing you the flexibility to determine lease terms and conditions. Ideal for Owner-Occupant or Investor: Live in one unit and rent out the others for additional income. Prime Location: Convenient Access to Amenities: Close to shopping centers, restaurants, and more. Proximity to Downtown Long Beach & the Beach: Just a short drive away from Long Beach's vibrant downtown area and the beach. Easy Airport Access: Long Beach Airport is only 13 minutes away, making travel a breeze. Buyer’s Responsibility: Buyer and their agents are advised to verify all property details and information independently.

ADDITIONAL INFORMATION

Discover the Perfect Investment: A Charming Tri-Plex in the Heart of the City. Imagine the possibilities as you step into a property that seamlessly blends comfort, convenience, and potential. Whether you’re an investor eager to expand your portfolio or a homeowner looking for rental income, this tri-plex offers a treasure trove of opportunities. Unit 1: Offers spacious 2-bedroom, 1-bathroom. The living area invites you with ample natural light pouring through large windows, creating a warm and inviting atmosphere. Comfortable bedrooms provide a restful retreat, while the well-appointed bathroom Unit 2: The second unit mirrors the first, offering the same generous space and thoughtful design. Imagine tenants enjoying the same comforts and conveniences, making these units a highly attractive rental opportunity. Unit 3: Tucked away, the cozy 1-bedroom, 1-bathroom unit is perfect for singles or couples seeking a charming living space. The setting is a functional and efficient kitchen, a peaceful bedroom, and a contemporary bathroom. A shared backyard extends an invitation for relaxation and recreation. Imagine tenants enjoying sunny afternoons in this tranquil outdoor space. Plus, on-site garage parking offers convenience for all residents. The tri-plex is perfectly situated in a vibrant neighborhood. Local shops, restaurants, parks, and public transportation are all within walking distance. Imagine the steady rental income and long-term appreciation this tri-plex can bring. With two spacious 2-bedroom units and one charming 1-bedroom unit, the property is versatile and appealing to a wide range of tenants. Whether you choose to rent out all three units or live in one while renting the others, the flexibility and financial benefits are undeniable. Don't miss out on this exceptional investment opportunity. This tri-plex is more than just a property; it’s a chance to secure a prime real estate asset in a thriving community.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

Welcome to 132 and 134 St Joseph Ave, a timeless treasure in the heart of the highly coveted Belmont Shore neighborhood in Long Beach! This enchanting Spanish-style duplex invites you to experience a blend of classic elegance and beach living. Both units share a similar layout, featuring two bedrooms and one bathroom, complemented by a generously sized living room that offer a cozy atmosphere. Imagine living a leisurely 10-minute stroll from the sun-kissed shores of the beach, where the soothing sound of waves can be your daily soundtrack. A short drive brings you to a vibrant array of shops and restaurants, or the picturesque Naples Canal. Hop on a paddleboard or take a charming gondola ride and experience the scenic beauty it has to offer. Being nestled between 2nd St and E Ocean Blvd, living in this remarkable community means you're never too far from your next adventure. This property isn't just a home; it's a smart investment opportunity. Whether you choose to rent out both units or live in one while renting out the other, the allure of Belmont Shore's lifestyle makes this duplex an attractive choice for tenants, ensuring consistent demand and a rewarding investment. The bottom unit is currently being rented out for $2,950 a month. Experience the old-world charm and classic style of this gem in one of Long Beach's most desirable locations. Make 132 and 134 St Joseph Ave your gateway to a life filled with coastal beauty, community vibrancy, and timeless elegance.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

6.18% CAP RATE! Newer 1971 build. This 16 unit Pride of Ownership asset is located in the highly coveted eastside of Long Beach. Property not only is being offered at an amazing 6.18% cap rate and a 10.5 GRM, but also comes with 9 Garages and 10 additional exterior parking spaces for a total of 19 parking. 1133 Freeman has a very desirable unit mx consisting of (6) 2Bed+1Bath, (8) 1Bed+1Bath and (2) Studio+1Bath units. An additional four 2 bedroom and 2 bathroom ADU's can be built in the garages for approximately $600K while still maintaining 16 exterior parking spaces on the site. The 4 additional ADU's will bring in $2600 a month each or $124,800 annually for a value of a 4.8 GRM or a 20% return annually. The tax accessor has allocated 81% of the assets value to the improvements giving a buyer a significant depreciation schedule (Most buildings are 50/50). This will be a further help for a buyer as they can currently collect 60% bonus depreciation and likely 100% retroactively if the current tax relief bill gets finalized on the senate floor. All units are separately metered for gas and electric and property is impeccably maintained. This property has the best current cap rate, price per foot, price per door GRM combo available on the market. With upside to over a 10.5% CAP rate this property truly is the best building you can buy right now and is perfect for any type of investor. CALL FOR OFFERS 8/14 5pm All offers will have a chance to tour the asset the week of August 5th.

ADDITIONAL INFORMATION

Welcome to this exceptional property featuring two distinct units on a generously sized lot. The front unit has been beautifully updated, boasting new vinyl plank flooring and fresh paint. The remodeled kitchen features bright white cabinets, sleek quartz countertops, and a cozy dining nook with built-in china cabinets—perfect for intimate meals. This unit also offers two spacious bedrooms with ample closet space and an updated bathroom. Inside laundry is a plus. The back unit, located above a four-car garage, offers additional living space with two bedrooms. Whether you're seeking a home to call your own or a smart investment opportunity, this property presents a unique blend of comfort and potential. Don't miss out on this chance to own a versatile property with modern amenities in a desirable location close to several freeways and shopping. Give me a call for complete details. Long driveway-plenty of parking.

ADDITIONAL INFORMATION

3 VACANT UNITS in coveted BELMONT HEIGHTS!! AMAZING 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 to see this property today!

ADDITIONAL INFORMATION

1924 Spanish Revival Duplex located in historic Rose Park South features two bedroom-two bathroom downstairs, and two bedroom-one bathroom upstairs. Previously restored in 2005 with updated electric and plumbing, units retain original built in cabinets, faux fireplaces with mantels, and original floor to ceiling kitchen cabinets. Downstairs retains original hardwood flooring and upstairs has recently installed LVP flooring. Units have modern appliances, including washer-dryer, and dishwasher. Property also boost three off street parking places and three one-car garages. Tenants pay trash, gas and electric. Property also features a low maintenance yard, with a private back yard and covered patio downstairs and a private garage-top sun deck upstairs. Walk to trendy 4th St shops, restaurants and the beach.

ADDITIONAL INFORMATION

Prime mixed-use property for sale in Long Beach! This versatile investment opportunity features two retail units in the front, perfect for businesses seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions, dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long Beach's most sought-after locations.

ADDITIONAL INFORMATION

Prime mixed-use property for sale in Long Beach! This versatile investment opportunity features two retail units in the front, perfect for businesses seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions, dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long Beach's most sought-after locations.

ADDITIONAL INFORMATION

1381 Temple Avenue is a 5-unit multifamily investment property located in Long Beach, CA. 1381 Temple Avenue features exclusively spacious three-bedroom units averaging approximately 1,260 square feet. The property offers attractive amenities including a shared courtyard and back patio, gated pedestrian access, and 4 single-car garages. Situated in the Zaferia neighborhood of Long Beach, 1381 Temple Avenue’s central Long Beach location provides residents convenient access throughout the city. Residents enjoy walkable access to Orizaba Park, a 3.72-acre public park offering a soccer field, a skate park, a basketball court, and a spacious community center. Additionally, the property is located less than half-a-mile from the Food4Less and Rite Aid anchored Belmont Center, providing residents with easy access to daily necessities. The property’s ideal Long Beach location surrounded by an abundance of recreational and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1381 Temple Avenue.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

Welcome to this COMPLETELY RENOVATED Trophy property, an exceptional Oceanfront fourplex located in the highly coveted Belmont Shore neighborhood. Just steps from the sandy beach, this rare investment opportunity offers a remarkable Cap Rate of 5.82% with a NET Income of $203,600. and a Pro forma Cap of 8.35%. Situated in one of Long Beach’s most desirable areas, this property is in close proximity to Naples Island, 2nd Street shopping and dining, Alamitos Bay, the Long Beach Bike/Walking Path, and the renowned Belmont Athletic Club. This two-level fourplex comprises three 1 BD/1 BA units and one 2 BD/1 BA unit with a private sundeck, all meticulously renovated with high-end designer fixtures, finishes, and furnishings. Over $500,000 was invested into the property's renovations, which include new cabinets, countertops, waterproof flooring, designer bathroom tiles, modern light fixtures, fresh paint, and luxurious furnishings. Additional building improvements feature new electrical and plumbing upgrades, exterior landscaping, new pavers, a front gate, turf, plants, and enhanced lighting including in-ground lighting. Investment opportunities of this quality and in this exclusive pocket are rare and highly sought after. With all units currently occupied, this is a unique chance to own a piece of Belmont Shore. For additional income, consider hosting oceanfront events on the patio, adding two loft-style ADUs in each garage, constructing a third-story penthouse apartment, and creating a rooftop sundeck. Enhance the indoor-outdoor living experience by adding a balcony to the upstairs oceanfront unit. Seize this rare opportunity to invest in a luxury oceanfront property that promises both immediate returns and significant long-term value. Contact us today to schedule a viewing and explore the endless possibilities this trophy property has to offer.

ADDITIONAL INFORMATION

A four-unit garden-setting building with two undivided garages. Wide front doors at ground level. brick patio in front of each separate unit. community vegetable garden in the back. A laundry room is in the back, and the two extra storage rooms are rented separately. The building has been newly painted on all trim and doors. Flat roof "composite". Each unit has newly improved bathrooms with Travertine Marble flooring. Some have whirlpool tubs. Newer upgraded flooring in all units. Granite Countertops in each kitchen. Original solid wood cabinetry in kitchens. Semi-cathedral ceilings in each unit lend each space an airy spacious aspect. Crank Windows in most rooms. New windows in bathrooms. Garages in front of the building are for two cars only with no separating wall. Nice Plantings and all units open onto a sunny walkway "courtyard"—only seven blocks to the beach on Cherry Ave in the Rose Park Neighborhood. Cherry is a main avenue from the Ocean to Signal Hill and beyond.

ADDITIONAL INFORMATION

Come see this opportunity! Units have been updated. Parking on the property will easily suffice for four vehicles. The two bedroom, 1 bath front unit has new laminate flooring throughout, fresh paint, dual pane windows and is ready to rent! The rear unit is 1 bedroom and 1 bath and has also has updates. There is also a separate room that is not part of either unit. It could be common area, storage, or whatever use you might need. The extra large kitchen in the front unit has plenty of room for a dining area, or you can use the area in the living room, which is good sized too! Storm doors help let air flow through while providing security and the ceiling fan in the living room helps circulate fresh air.