3rd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.75% from day 1 with easily achievable upside to 8.4% Cap Rate on Proforma. Priced at only $172k per unit for a Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) paving a clear way to reach market rents and the 8.4% Proforma Cap Rate in the near future. The property features 12 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Select units have been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers on-site laundry which has been remodeled and generates additional income. Located in the heart of Downtown Long Beach, just steps from the East Village Arts District, Alamitos Beach, the Long Beach Convention Center, Aquarium of the Pacific, Queen Mary, and the Beach! Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime coastal urban corridor.
Huge ~400k Price Reduction! 8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 7.75% from day 1! Excellent unit mix of 1 (3bed/1bath) unit and 7 (1bed/1bath) units including 2 brand-new attached ADUs. Several 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 8.7% annual rent increases (5%+CPI) for future upside. 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.
North Long Beach 9-unit apartment building for sale at $244K per door. A rare multifamily income property in Long Beach 90805 with a 6.14% cap rate on served November 1, 2026 rents, $222,203 in gross scheduled income, and value-add upside. The unit mix is seven 2-bed/1-bath units and two 3-bed/1-bath units, plus six garages. The most recent 3-bedroom turnover re-leased at $2,500/mo in May 2026, showing room to grow rents. Two garages may qualify for ADU conversion under California law (buyer to verify with the City of Long Beach). Professionally managed, with long-term tenancy. Directly across from Addams Elementary and a short walk to Grace Park and the Long Beach Blvd shopping corridor, near the Metro A Line, the 710, the 91 and the 405. An ideal 1031 exchange property or long-term hold. Rent roll and income statement available. Do not disturb tenants.
Seller is willing to contribute up to $20,000 towards closing costs. This can be used to buy down your rate! 4plex in the heart of Long Beach. This property features four 1-bedroom, 1-bath units, with the potential of turning each of them into 2 bedroom units. Two vacant units now. The building has a functional layout and a central front entry, providing straightforward management and leasing. The property includes a large rear concrete area with gated access, offering potential for additional parking, tenant use, or future improvements. Separate access pathways and open space enhance usability for both tenants and ownership. Located in the Washington neighborhood of Long Beach, the property benefits from a highly walkable location (Walk Score ~93) with easy access to shopping, dining, public transportation, and major commuter routes.
Seller is willing to contribute up to $20,000 towards closing costs. This could be used to buy down your rate! 4pex featuring a unit mix of two 3-bed, 2-bath units and two 1-bed, 1-bath units. The property includes three detached garages, providing additional income potential and valuable tenant amenities. Situated on a 6,389 sq ft lot with approximately 2,821 sq ft of living space, the property consists of two separate structures, creating a functional layout for tenants. Located in a highly walkable Long Beach neighborhood, this 4plex has consistent rental demand and convenient access to local amenities. Value-add opportunity with upside through interior upgrades, exterior improvements, and rental optimization. The larger units in particular present strong income potential in today’s market.
Located in Long Beach's highly desired Los Cerritos/Virginia Country Club neighborhood- a single story Clifton Jones Jr. designed garden duplex. Known as Cerritos Circle, the architect's distinguished tract of mid-century modernist post and beam duplexes were developed in the early 1960s on land that once served as pasture and training facilities for the family's thoroughbred racehorses. The designs were clearly influenced by the architect's studies at the USC School of Architecture and the formative Case Study house program. This particular unit was photographed by the legendary Los Angeles architectural photographer Julius Shulman in 1963. With expansive open plan layouts and lofty 10' high ceilings- the side by side 2 BD / 2 BA units feel more like custom single family residences. Monumental floor to ceiling sliding doors and glass walls face both an entry courtyard in the front and separate fenced patio/garden area at the back, creating a seamless connection between interior living area and private outdoor spaces. Its east facing living/dining area and back patio + yard are bathed in morning light, with the west facing courtyard and family room sunlit in the afternoon. An open plan kitchen workspace is at each home's center, with adjacent stackable laundry. Bedrooms feature spacious closets and each has its own en-suite bath. Both units include a 2 car carport and secured storage areas flanking each side of the covered parking. Well situated in an area known for its tree lined streets, historic homes, excellent school district, adjacent Dominguez Gap Wetlands, and an incredibly quiet, peaceful atmosphere. A vast array of options for shopping, restaurants, and breweries are all in close proximity (Sushi Nikkei, Nonna Mercato, Sala, Ambitious Ales, Salud, Taboon, & many more). Centrally located with easy freeway access for commutes to both Los Angeles and Orange County, and less than 1.5 miles from a metro station.
Fully remodeled 3-unit property offering an excellent opportunity for an investor or owner-occupant all units are vacant! The front residence features 2 bedrooms and 1 bathroom, the middle unit offers 2 bedrooms and 2 bathrooms, and the rear unit is a studio. All three units have been beautifully updated throughout and are move-in ready, no one has lived in the property since its full remodel/new construction. Each unit is separately metered for gas and electricity, making utility management simple for both the owner and tenants. A great opportunity to generate multiple rental income streams, live in one unit while renting the others, or add a turnkey multi-unit property to your investment portfolio.
3514 E. 4th Street is a charming four-unit multifamily property ideally positioned along Long Beach’s highly desirable 4th Street / Retro Row corridor. Built in 1930, the property offers distinctive vintage character and consists of four oversized 1BD/1BA units averaging approximately 712 square feet. The property is offered at $1,100,000, equating to an attractive $275,000 per unit, with a current 5.52% cap rate. The asset benefits from strong in-place rents and a stable renter profile, providing immediate cash flow with limited reliance on future rent growth. Current rents average approximately $1,833 per unit, compared with an average of $1,915 among the selected rent comparables. With three of the four units already achieving $1,845 per month, the property offers an established income stream while retaining modest additional rental upside. Located east of Redondo Avenue in the heart of the 4th Street / Retro Row area, 3514 E. 4th Street offers residents walkable access to an extensive collection of restaurants, shops, and neighborhood amenities. The combination of a highly desirable Long Beach location, oversized units, strong existing rents and a sub-$300,000- per-unit basis presents a compelling opportunity to acquire a well- positioned four-unit asset in one of the city’s most established rental markets.
1325 E. Ocean Boulevard presents a rare opportunity to acquire a well-maintained multifamily asset along one of Long Beach’s most desirable, beach-adjacent corridors. Offered at $3,125,000, the 9-unit property encompasses approximately 8,986 square feet and combines the architectural appeal and spacious floor plans of a vintage Long Beach property with meaningful capital improvements and additional income potential. The property features a diverse collection of (1) 3BD/1BA unit, (6) 2BD/1BA units, (1) 1BD/1BA unit, and a newly constructed detached studio ADU with enclosed private yard. The residences offer generously sized vintage floor plans with thoughtful interior upgrades throughout. Select units feature in-unit washers and dryers and/or private patios, providing amenities that enhance their competitive positioning within the coastal Long Beach rental market. Ownership has also invested in significant building improvements. The front building has been seismically retrofitted, the rear building features double-pane windows, and a new roof was installed in 2019. These improvements, together with the upgraded interiors and newly added ADU, provide an incoming investor with an improved physical asset while preserving the property's original character. At current operations, the property generates $262,500 in scheduled annual rental income and $171,749 in NOI. The pro forma projects scheduled rental income of approximately $301,440 and NOI of approximately $207,633, increasing the projected return to a 6.64% cap rate. This represents ±21% potential NOI growth through the realization of market rents. With its premier Ocean Boulevard location, spacious, upgraded units, substantial building improvements and identifiable income upside, 1325 E. Ocean Boulevard offers investors a compelling combination of coastal Long Beach real estate, vintage character, current cash flow and future revenue growth.
3121 East 5th Street is a 5-unit multifamily investment property located in Long Beach, California. Constructed in 1930 and known as Casa Valencia, the property features a unit mix of five 2-bed/1-bath residences totaling 5,822 square feet. Four of the units offer approximately 1,242 square feet of living space, while the fifth totals approximately 854 square feet. Four single-car garages and four surface space provide an attractive parking ratio. Casa Valencia retains a collection of original Spanish Revival details that distinguish the property from more conventional apartment inventory. Architectural features include plaster barrel-vaulted ceilings, curved archways and period Spanish Revival fixtures, complemented by oak flooring and dedicated dining rooms in 4 of the 5 residences. Ownership has renovated 2 of the 5 units with new kitchens, stainless-steel appliances and in-unit washer/ dryers while also completing electrical and exterior improvements throughout the property. Most notably, Unit 3127, the renovated 1,242-square-foot residence, currently rents for $3,495 per month, compared with approximately $1,770 to $2,528 for the three remaining residences of the same size. This in-place performance provides a clear benchmark for the property’s value-add potential as the remaining units are improved over time. Located in Long Beach’s 90814 ZIP, Casa Valencia places residents near Fourth Street’s Retro Row, Bluff Park and the coastline, with convenient access to Belmont Shore, Downtown Long Beach and the surrounding area’s dining, shopping and recreational destinations. Together, Casa Valencia’s preserved architectural character, oversized 2-bedroom floor plans and demonstrated renovation premium provide a distinctive foundation for continued value creation.
3046 Santa Fe Avenue presents an attractive multifamily investment opportunity in Long Beach, California, featuring a well-maintained six-unit community with strong in-place occupancy and future rental growth potential. The property consists of six spacious two-bedroom, one-bathroom units within a 3,520 SF building situated on a 4,928 SF lot, offering functional layouts designed to appeal to a broad tenant base. The asset benefits from onsite parking, individually metered utilities, and efficient operations while providing investors with a stable income stream and an opportunity to enhance value through continued rent optimization. Ideally located within the greater Long Beach market, the property offers convenient access to major employment centers, transportation corridors, retail destinations, dining, and recreational amenities, positioning it for long-term tenant demand and sustained investment performance.
This triplex is an amazing opportunity for an investor, multi-family buyer and/or an owner wanting to live in one and offset the mortgage by renting the others. Each of the 3 units is two-story townhouse with outside entrance. The main level features a living room, dedicated dining area, kitchen, and a convenient half-bath. Upstairs, you will find three bedrooms paired with a full bathroom. Each unit has individual laundry hookups and there is plenty of parking on-site. The property is fully enclosed with security gates. A bonus feature is 2 large detached storage units offering additional income potential or owner use. Centrally located in a high-demand West Long Beach pocket with easy transit and freeway access. Don't miss out on this cash-flowing asset!
1019 Lewis Avenue presents the opportunity to acquire a substantially renovated 16-unit multifamily property offering strong in-place cash flow, a stable income profile and additional rental upside in a highly walkable north Downtown Long Beach location. Offered at $3,900,000, the property generates a 7.00% current cap rate, with upside to a 8.14% market cap rate as rents move toward market levels. Ownership has invested approximately $400,000 in capital improvements, significantly reducing near-term capital expenditure requirements for a new investor. Fifteen of the property's 16 units have been fully renovated, while major building improvements include a new roof on one building, a newly sealed roof on the second building, a new 400-amp main electrical panel, upgraded subpanels and majority copper plumbing. The property features a highly desirable unit mix consisting of (14) 2BD/1BA units and (2) 1BD/1BA units. Current rents average $2,168 per unit, compared with projected market rents of ~$2,325, representing approximately 7% overall rental upside. Scheduled rental income has the potential to increase from $416,268 to $446,400 annually as rents are brought toward market levels. The property benefits from a stable income profile, with the majority of residents participating in HACLA or HACLB housing assistance programs. This provides an attractive combination of dependable rental income and continued organic upside as below-market rents are adjusted over time. Two newly constructed ADUs have already been incorporated into the property, increasing the asset's income-producing unit count while demonstrating the property's ability to accommodate additional density. Ownership has identified the potential for additional ADU development, providing a future investor with another avenue for long-term value creation beyond the existing rental upside. At the $3,700,000 offering price, 1019 Lewis generates $273,402 in current NOI, equating to a 7.00% current cap rate and 8.59 GRM. At projected market rents, NOI increases to ~$301,169, supporting a 8.14% market cap rate and 8.03 GRM. The combination of strong day- one yield and ~$27,767 in additional NOI potential provides investors with meaningful current income without relying on an extensive renovation or repositioning program. Located just north of Downtown Long Beach, 1019 Lewis provides convenient access to the city's employment centers, shopping, dining, transit and ocean.
Completely renovated duplex - entire buildings Aprox 1850 sq ft- 981 sq ft each unit - 2 BED / 1 BATH EACH -on a quiet, block-long street with no through traffic, close to shopping and transit. Freshly painted inside and out, both units feature quartz kitchen counters, tiled back splashes, new shaker cabinets, each unit has a separate dining area, beautiful hardwood floors in the living areas, tiled kitchen and bathroom floors. New vanities with quartz tops, keeping the vintage flair with new feel your tenant or you will love. Each has a separate washer/dryer room, equipped with washer and dryers. completely private yards, and a new upgraded electrical panel. The front unit enjoys a lovely side yard finished in faux grass for easy, low-maintenance living, with parking for up to 3 cars. The back unit boasts a huge backyard with a large patio, ideal for entertaining, plus 2-car parking. With the front unit rented and the back unit vacant, this is a rare opportunity for an owner-user to move right in and let rental income help offset the mortgage, or for an investor to set the new rent. The 1-car garage is currently used by the owner, giving the next owner flexibility to keep it for personal use or assign it to a unit. Tenants pay all utilities including trash except water and gardener (mow and blow) Turnkey and move-in ready!
1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units have been upgraded/improved. The main electrical panel was upgraded in the 1990s. All the hot and cold-water supply lines were replaced in 2021. Prior to current ownership, the mail drain line was replaced with ABS in the larger than average crawlspace and substantial improvements were made to the foundation. All the units feature vinyl plank and ceramic-type tile flooring. Some units have had kitchen remodels with newer cabinets and quartz countertops. Pretty good mix of open floor plans and units with large walk-in closets. There are stairs leading to the roof for easy access and maintenance. There is on-site laundry and 4 garage spots which are rented for additional income. This property is located directly across the street from Washington Middle School which is currently undergoing a $176 million reconstruction process. It is conveniently located close to the 710 freeway, downtown Long Beach, and city transportation. 1439 Cedar Avenue offers steady cash flow with limited capital expenditure risk in a dense rental market.
4 UNITS IN PRIME DOWNTOWN LOCATION CONSISTING OF ALL 2 BEDROOM/ 1 BATHROOM UNITS. NEW ROOF PUT ON IN ~2022. SEPARATELY METERED FOR GAS AND ELECTRIC. 2 GARAGES IN FULLY GATED SECURED BACK OF BUILDING. BLOCKS TO THE BEACH, RESTAURANTS AND DOWNTOWN SHOPPING.
328 West 8th Street is an 8-unit multifamily investment property located in Long Beach, California. 328 West 8th Street features an efficient unit mix consisting exclusively of studio apartments, with all 8 units having undergone extensive interior renovations. While finishes vary slightly by unit, the interiors generally feature vinyl plank flooring, shaker-style cabinetry, quartz countertops, subway tile backsplashes, stainless-steel appliances, range hoods, modern ceiling fans and updated paint. Bathrooms have also been modernized with tile flooring, updated showers and contemporary vanities. Seven of the eight units are equipped with in-unit washers and dryers. Ownership has invested more than $400,000 in capital improvements throughout the property, including substantial upgrades to both the interiors and exterior, resulting in a heavily modernized asset with significantly reduced near-term renovation requirements for a new owner. The property has been professionally managed and maintained, with electrical subpanels updated in 2024. The main electrical service is reported to be 200 amps, subject to buyer verification. From an operating standpoint, utilities are master-metered and currently paid by ownership, providing an opportunity for a future owner to implement a RUBS program and recover a portion of these expenses. Market underwriting assumes utility reimbursements of $50 per unit per month, creating an additional source of income while helping offset ownership’s utility costs. Located along a quiet, tree-lined residential street just blocks from Downtown Long Beach, 328 West 8th Street offers residents convenient access to shopping, dining, entertainment and everyday services. The property earns a Walk Score of 90, supporting a highly walkable lifestyle, while nearby access to the I-710 Freeway provides connectivity to employment centers throughout Long Beach and the surrounding region. With its renovated studio units, in-unit laundry in nearly every residence, completed electrical improvements and highly walkable Downtown-adjacent location, 328 West 8th Street offers a well-maintained multifamily asset with established improvements and an opportunity to enhance operating income through utility reimbursements.
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 8.7% 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.
We are pleased to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach. The 9,761 SF building sits on a 10,755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owner’s unit, with the average SF of each unit being roughly 1,220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer. Current rents average $2,256 against market rents of $3,008 — about 33% of upside — taking the property from a 4.23% cap rate to 6.91% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.
Welcome to this well-maintained three-unit property located in North Long Beach, offering pride of ownership and an excellent opportunity for an investor or a buyer looking for the potential to owner-occupy. The property consists of two 1-bedroom, 1-bathroom units, along with a separate rear structure featuring a 2-bedroom, 1-bathroom unit. Each unit also benefits from its own 1-car garage, providing valuable off-street parking and additional storage possibilities. Conveniently located near shopping, schools, parks, restaurants, and other neighborhood amenities, with easy access to nearby freeways. Whether you are looking to expand your investment portfolio or explore the possibilities of living in one unit while renting the others, this property offers versatility and opportunity. Don’t miss your chance to own this three-unit property in Long Beach.
426 E 17th Street is a 10-unit apartment building in Long Beach’s Poly High neighborhood, aggressively priced at $1,650,000—just $165,000 per unit, 8.99 times gross income, and a 7.15% cap rate based on current income. The property features (5) 1bed/1bath units and (5) studios, including two newly constructed ADUs, along with new main electrical panels. The property offers easy access to Downtown Long Beach, local schools, the Metro line, and newer shopping centers.
INCOME-PRODUCING OPPORTUNITY!! Prime Long Beach Location.. Excellent opportunity to own a well-maintained 6-unit income-producing property in a centrally located and desirable area of Long Beach. The property features:5 units: 1 bedroom / 1 bathroom,1 unit: 2 bedrooms / 1 bathroom, Centrally located in the City of Long Beach, Convenient access to shopping, transportation, major freeways, and local amenities, Ideal opportunity for investors looking to expand their real estate portfolio This property offers a rare opportunity to acquire a multi-unit investment in a convenient Long Beach location with strong potential for rental income.
First time on the market in 48 years! 811 Ohio Avenue is a well-maintained multifamily property located in the highly desirable Eastside submarket of Long Beach. The property is situated in a coastal location with convenient access to many of Long Beach’s most desirable amenities, including 2nd Street, Retro Row, Broadway, Belmont Shore, and Downtown Long Beach. Residents benefit from an abundance of nearby restaurants, shopping, entertainment, parks, and recreational opportunities, while remaining just minutes from the beach and major employment centers. The property also offers excellent regional connectivity with convenient access to Pacific Coast Highway, Lakewood Boulevard, and the 405 and 710 Freeways, providing accessibility throughout Los Angeles and Orange Counties. 811 Ohio Avenue is positioned within one of Southern California’s established coastal communities, offering convenient access to both local amenities and major transportation corridors.
THIS PROPERTY IS CURRENTLY BEING RENTED AS TRANSITIONAL HOUSING. BUSINESS PLUS REAL ESTATE. HUGE NET INCOME. JUST A 3 MINUTE DRIVE TO THE OCEAN. EACH UNIT IS A 2 BEDROOM 1 BATH WITH ENCLOSED GARAGE. HIGH DEMAND FOR THIS TYPE OF PROPERTY, ALWAYS RENTED. THE OWNER JUST INSTALLED 2 TANKLESS HOT WATER HEATERS. PROPERTY MAY NEED SOME TLC. PLEASE CALL BROKER FOR MORE INFORMATION. PROPERTY NEXT DOOR AT 771 ALAMITOS AVE. IS ALSO LISTED FOR SALE.
ONLY 8 BLOCKS TO OCEAN BLVD. JUST A 3 MINUTE DRIVE TO THE OCEAN. THIS PROPERTY IS CURRENTLY BEING RENTED AS TRANSITIONAL HOUSING. EACH OF THE 4 UNITS IS A 2 BEDROOM 1 BATH. THE 4 UNITS NEXT DOOR AT 801 ALAMITOS AVE. IS ALSO LISTED FOR SALE.
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.
