1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.
Opportunity knocks with this versatile Long Beach duplex offering multiple living and income-producing possibilities! Situated in an established residential neighborhood, this property features two separate homes plus a permitted studio conversion, making it an excellent opportunity for an owner-occupant, investor, or multi-generational household. Live in one and rent out the others, accommodate extended family, or explore the property's full rental potential. The front home features 3 bedrooms and 1.5 bathrooms, along with laundry hookups. The spacious kitchen offers an abundance of oak cabinetry and granite countertops, providing plenty of storage and workspace. Its former garage has been permitted and converted into an approximately 308 sq. ft. studio with a full bathroom, plus space to add a kitchenette area. The studio shares utilities with the front home and offers additional flexibility for extended family, in-law quarters, a home office, guest space, or potential rental use. The fully detached rear unit, with its own address at 6770 Myrtle Ave., features 1 bedroom and 1 bathroom, an attached 1-car garage, its own laundry hookups, and separate utility meters from the front home. The rear unit is currently tenant occupied and professionally managed, with financial information available. With multiple living spaces, separate structures, and a variety of ways to utilize the property, this Long Beach duplex offers flexibility, income potential, and plenty of upside for its next owner.
Ideal Owner-User Opportunity Near Downtown Long Beach 531 W 5th St is a 7-unit multifamily investment offering a rare combination of owner-user flexibility, in-place income, and upside through previously approved development plans. The property features a vacant 3-bedroom/1-bath front house with a full kitchen, dedicated dining area, Ring camera, and mini-split system, giving an owner-occupant the privacy and feel of a standalone home while collecting rental income from the remaining six units. At current rents, the property produces a 6.02% cap rate and 10.87 GRM. Previously approved plans are in place for a 3-bedroom/2-bath ADU, which brings the property to a 8.23% cap rate (including estimated construction costs) once built, a clear value-add path for an investor or owner-user looking to grow into the deal. The property also includes a vacant 5-car garage, which a buyer can lease for parking income or convert as part of the ADU plan. Located minutes from Downtown Long Beach, the property is close to the area's restaurants, bars, shopping, entertainment, waterfront, and major transportation corridors. Between the private 3-bedroom residence, six income-producing units, previously approved ADU plans, and a vacant 5-car garage, 531 W 5th St gives an owner-user or investor multiple ways to build equity in one property.
Welcome to an investment opportunity in the heart of Long Beach! Located just 10 blocks from the beach, this 2-bedroom, 2-bathroom condo offers a desirable combination of location, functionality, and rental potential. The unit features an open floor plan with vaulted ceilings, creating a bright and spacious living area. The kitchen includes granite countertops, a gas range, dishwasher, and breakfast bar overlooking the living room. The primary bedroom features an en-suite bathroom and ample closet space, while the second bedroom offers flexibility for an additional occupant, guest room, or home office, with a full guest bathroom nearby. Additional features include in-unit laundry, mini-split A/C, and assigned parking, all valuable conveniences for prospective tenants. Ideally situated near Belmont Heights, Downtown Long Beach, Cal State Long Beach, shopping, dining, parks, major commuter routes, and approximately 10 blocks from the beach, this property is well positioned for long-term rental use. Whether you’re looking to add to an existing portfolio or purchase your first investment property, 1123 Junipero Ave #7 offers an opportunity to own a residential income property in a sought-after Long Beach location.
THREE VACANT UNITS – TURNKEY & READY FOR IMMEDIATE OCCUPANCY Attention investors, large families, owner-users and 1031 Exchange buyers! Start collecting market rents right away! This charming Craftsman 3-unit property combines classic character with modern amenities, with all three units delivered vacant, offering the opportunity to establish market rents, create a multi-generational living arrangement, or live in one and rent the others. Recently refreshed throughout with new kitchens, new windows, new flooring, fresh paint and remodeled bathrooms. The front unit features 2 bedrooms, 1 spacious bathroom, large living room, formal dining room, laundry room, A/C, ductless heat and a beautiful front porch perfect for relaxing. The Junior ADU/Studio offers a kitchen, bathroom, washer/dryer hookups, A/C and heat—ideal for extended family, guests or additional rental income. The rear unit features 2 bedrooms, 1 bathroom, a large living room and a versatile bonus room perfect for a home office, gym, nursery or flex space. Situated on a large gated lot, the property provides generous separation between units for added privacy and comfort. A detached garage with alley access adds convenience and additional possibilities. Located just few short blocks from Long Beach Polytechnic High School, Theodore Roosevelt Elementary and minutes from Downtown Long Beach, Aquarium of the Pacific, The Pike, Queen Mary, Shoreline Village, parks, public transportation, restaurants, coffee shops, breweries, shopping and entertainment. Three vacant turnkey units are all legal, a large gated lot and a prime Long Beach location make this a rare opportunity for investors, owner-users, large families and 1031 Exchange buyers! The lawn has been digitally enhanced to show the potential.
729 Freeman Avenue is a 6-unit multifamily investment opportunity located in Long Beach, California. Constructed in 1978, the property features approximately 5,319 net rentable square feet situated on a 0.15-acre parcel. The property features a desirable unit mix of 2 one-bed/one-bath units, 3 two-bed/one-bath units, and 1 three-bed/two-bath unit. Community amenities include gated access, security doors, an on-site laundry facility, and six garage parking spaces, two of which offer direct access. Additionally, unit amenities feature private patios and private balconies. 729 Freeman Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a strong, diversified unit mix and premium parking accommodations. Situated in the desirable Eastside Long Beach neighborhood near Rose Park, the property boasts an excellent location just a short distance from the coast and Downtown Long Beach. Residents benefit from close proximity to major educational hubs, including California State University, Long Beach (CSULB) and Long Beach City College, as well as convenient access to vibrant local retail, dining, and entertainment options. This strategic, highly walkable location positions 729 Freeman Avenue as a highly attractive asset in a strong coastal rental market.
A rare chance to own an exceptionally spacious duplex in one of Southern California's most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. At $799,000, this duplex is currently producing a 7.45% cap rate on actual rent roll and operating expenses. With an 8.7% rent increase effective December 2026, the cap rate rises to 8.17%, well above the 5% to 6% range typical for small multifamily properties in the 90802 area. Add over $24,800 in completed capital improvements, including full bathroom and kitchen tile remodels, new flooring throughout, updated electrical and lighting, and fresh paint in both units, and this is a property offering both immediate cash flow and built-in upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward. Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this duplex checks all the boxes.
92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Street offers a compelling combination of in-place cash flow, below-market rents, an all-two-bedroom unit mix, recent capital improvements, and potential future ADU development—all at a basis below recent comparable four-unit sales.
We are proud to present 5711 East 2nd Street, a boutique 8-unit multifamily property in the heart of Naples Island, one of Long Beach’s most exclusive waterfront enclaves and among the most supply-constrained residential submarkets in Southern California. Offered at $2,795,000, or $349,375 per unit, the asset pairs in-place cash flow with meaningful rental upside in a community defined by scarcity: a fully built-out cluster of canal-ringed islands where new multifamily supply is effectively nonexistent and renter demand is anchored by an irreplaceable waterfront lifestyle. The property sits on the 2nd Street corridor at Ravenna Drive, steps from the Naples canals and Alamitos Bay, roughly a mile from the Belmont Shore business district, and about a mile from 2nd & PCH, a newer Whole Foods–anchored open-air shopping and dining development. The property comprises seven one-bedroom units and one two-bedroom unit. In-place rents sit approximately 21% below the operator’s estimate of market, giving an incoming owner a clear runway to income growth as units are brought to market on turnover. Recent capital investment further de-risks the offering: the roof was professionally inspected and repaired in 2024 with an estimated ten years of remaining useful life, and the building’s electrical system was inspected and upgraded across 2024 and 2025. The property is currently master-metered for both gas and electric, presenting a potential opportunity for a new owner to explore submetering or a utility bill-back (RUBS) program as an additional lever for income growth, subject to feasibility. The on-site laundry facility is owned, adding an ancillary income stream that conveys with the property. For an investor, 5711 East 2nd Street offers a rare entry point into one of Long Beach’s most prestigious and expensive coastal addresses, a market where limited rental product serves a deep, affluent renter base, and the opportunity to capture embedded rent growth in one of Southern California’s most resilient waterfront rental markets.
1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow.
An exceptional value-add opportunity in Long Beach, 1868 Gardenia Ave is a well-maintained 6-unit multifamily asset with no local rent control and subject only to statewide AB 1482 (5% + CPI). The property features an optimal unit mix of all 2-bedroom, 1-bathroom layouts, providing strong tenant demand and significant upside in rents. Recent improvements include new roof and fresh exterior paint. Rare for the area, the property includes 12 off-street parking spaces (two tandem spots per unit) maximizing tenant retention and rental rates. Positioned near key commuter routes, dining, and retail hubs, this property presents a compelling acquisition for investors seeking entry into one of Southern California's premier rental markets.
One Single Family detached one bedroom and one bath. Very spacious with it's own gated private front yard/patio. Fully permitted with a giant oversized parking lot with plenty of room to park more than 5 cars. Four single bedroom one bath units all with large gated private patios. Two down-stairs and 2 up stairs. All of the units are open spacious with lots of natural sun light. The tenants are all very long term with month to month rental contracts. There is an on site laundry room with one washer and one dryer for all of the units to share. Fantastic location just off Hwy one and 7th Street close to Junipero. Recreation Park is close by. The baseball park is close by. Cal State University Long Beach is close by. Great opportunity to pick up a great investment. Gated back ally as well as lush landscaping. Very well maintained. Interior of the units is in excellent condition with wall unit AC. Built in wall furnaces. Newer interiors. Very nice tenants. Great neighborhood. Surrounded by a mix of single family homes and 3 story apartment complexes with covered parking on the ground floor with two rows of apartments for the developer in mind. Individual newer smart meters. Great pipes and electrical. This property is a must see. Very neutral decor and great interior paint. At the heart of Long Beach. Close to everything and where you want to be. Live in the house and rent out the 4 units! Great owner user opportunity. No vacancies and has never been a vacancy for many years. Very quiet and secure area. THIS IS A SINGLE FAMILY HOUSE PLUS 4 INDIVIDUAL INCOME UNITS ALL PERMITTED.
Welcome to 621-623 Termino Avenue, a beautifully remodeled duplex in Belmont Heights. Both units were extensively remodeled in the last 3 months. The modern finishes include luxury vinyl wide plank flooring, fresh interior paint. light fixtures, kitchens with new appliances, and Quartz countertops. Bathrooms have new countertops, and lighting. Both units are 3 bedroom and 3 baths and are unusually spacious at almost 1800 sq. ft. each. The layouts reflect a true pride of ownership focusing on privacy, comfort and functionality. One unit has a 2 car garage and the other has a 1 car garage plus driveway parking, which is a major difference between units with a total of 6 off street parking places. Both units have separate laundry rooms adjacent to the garages. Windows have been upgraded to dual paned. A large, fenced backyards are perfect for parties and pets! Perfect for an owner occupant with the ability to defer some of the mortgage with rental income or perfect for multi generational family living.... close but separate households. Located on a tree lined street 2 blocks from 4th street coffee shops, restaurants and boutiques. Residents have the perfect balance of coastal living with the beach only 1 mile away and the convenience for an easy commute access to the 710, 605 & 405 freeways. Units are walkable & bikeable to Req. Park's 18 hole golf course, Marine Stadium, CSULB, LB Rowing Center and award-winning Wilson High School.
Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.
10 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6% from day 1! Large unit mix of 9 (2bed/1bath) units and 1 (1bed/1bath) unit including 2 brand-new attached ADUs. Most units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. The property also offers on-site laundry and parking that generates additional income. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.
5503 - 5511 Cherry Avenue is a 17-unit multifamily investment opportunity in Long Beach, California. Constructed in 1960, the two-story, gardenstyle property features approximately 9,250 net rentable square feet on a 0.28-acre parcel. The community is arranged around a spacious central courtyard, with exterior walk-up access to the second-floor units. The property features a unit mix of 1 studio, 15 one-bed/one-bath units, and 1 two-bed/one-bath unit. Community amenities include gated access, security doors, on-site laundry, ceiling fans, a central courtyard, 12 surface parking spaces, and 1 garage space. Ownership completed approximately $85,000 in capital improvements in 2025, including a $52,000 electrical system upgrade with panel replacements and the $33,000 removal of the former swimming pool and installation of a concrete surface. These improvements strengthened the property’s electrical infrastructure while eliminating the maintenance and operating requirements associated with the former pool. 5503 - 5511 Cherry Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a predominantly one-bedroom unit mix and recently completed capital improvements.
This two-unit income property is located in the sought-after Bixby Knolls / Los Cerritos area in Long Beach. It is in the beautifully landscaped Country Club Village, which features a sparkling pool. Each spacious unit offers 2 bedrooms and 2 bathrooms. Both unit features an en-suite bath. Each unit has an in-unit washer and dryer, plus separate electric and gas meters. There is a fireplace in the living room. The open-plan kitchen has granite countertops, newer cabinets and stainless steel appliances. It offers convenient access to 405 and 710 freeways. And close to shopping and dining
263 Corona Avenue is a unique 4-unit apartment property located in the highly desirable Belmont Park neighborhood of Long Beach. The property features approximately 4,312 square feet of living area on an 8,104-square-foot lot and stands out for its exceptionally large units, residential setting, and proximity to the coast. The property offers a unique unit mix consisting of (1) 2-bed/1-bath unit with a den, (1) oversized 1-bed/1.5-bath unit, and (2) 1-bed/1-bath units. Two of the apartments are particularly spacious at approximately 1,450 and 1,550 square feet, offering layouts and living space rarely found in a 4-unit property. The rear 1bed/1.5 bath unit served as the owner's residence for many years and has been renovated and finished more like a private home than a typical rental unit. It features high ceilings, a high-end kitchen with Viking appliances, a central stereo system with built-in speakers throughout the interior and outdoor areas, and an expansive primary suite with a large walk-in closet. The primary bathroom includes a Jacuzzi tub, separate shower, dual sinks, and additional custom finishes. The property has been well maintained and improved over the years, with additional features including upgraded kitchens and bathrooms, hardwood flooring, vaulted ceilings, copper plumbing, and ducted HVAC in the downstairs units. Two 2-car garages provide four garage parking spaces, while private outdoor areas and a hardscaped patio further enhance the property's residential feel.
Huge 600k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7.25% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.5% Cap Rate, 7.4 GRM, and 202k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.
906 Termino is a solid opportunity to acquire a fully occupied 4 unit property in a strong rental market of in the city of Long Beach. This Spanish Style property consists of (2) large 2 bedroom units in the front with (2) 2 bedroom units in the rear above the garage offering a good unit mix for the area. Plus there’s tons of charm and includes storage rooms, and a individual garages in the rear for each unit. The entire property sits on a 6,527 sized lot with R3 zoning with rear alley access, offering potential for an ADU conversion and increase rents in the future. Good Location in Long Beach near Traffic Circle, Recreation Park, CSULB, Belmont Shore, and tons of local shops & restaurants.
Great income Property three units on corner lot. Live in one and rent the other two units. The property features an attractive units mix of two 2- bedroom/1bath and one Studio and 1bath. The transit-oriented location provide convenient access to Downtown Long Beach, local retail and freeway near by.
Value in the Land! Excellent Investment & Redevelopment Opportunity! This 2-story duplex sits on a generously sized 10,469 SF lot, offering excellent potential for future development, ADU, or other multi-unit possibilities, subject to city approval and zoning requirements. The property is currently tenant-occupied, providing rental income while exploring future plans. Each attached unit is approximately 560 SF and features 1 bedroom and 1 bathroom on the first floor, plus a second-floor bonus room with closet. A detached 3-car garage and rear laundry room provide additional convenience and potential. Both units were upgraded approximately 5 years ago with laminate flooring, kitchen cabinets, quartz countertops, sinks, and upgraded electrical panels. Each unit also features a newer mini-split heating and cooling system. A rare opportunity for investors, developers, or owner-users seeking a property with existing rental income and significant land potential. Buyer to verify zoning, permitted use, lot-split/subdivision possibilities, ADU opportunities, development potential, and all property information with the City of Long Beach.
Welcome to this charming Duplex on a tree-lined street with great income potential. The property offers the flexibility to live in one unit, rent the other, or rent both units for steady income (or explore short term opportunities). Both homes are the same Lot with separate entrance (and mailbox) for the back house. The Front house features 3 bedrooms/2 baths with a Loft, and the Back house features 2 bedrooms/1 bath. Each home comes with a refrigerator, and a laundry area with washer and dryer. Both houses have detached and separate meters. The two (2) parking spaces in the back of the Duplex have an automatic gate off the alley. There's a spacious backyard between the 2 houses and each property can be beautifully manicured and separated for privacy. Great location, with some upgrades in the kitchen, some upgrades in the bathrooms, and has vinyl flooring (no carpets) throughout. Ready to move-in or ready to rent them out. Appreciation potential is high with the Olympics just around the corner! Near the freeway, metro station, shops and restaurants, local park, and beach. Come take a tour and imagine the possibilities.
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.
Long Beach is located in California. 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.
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.
