Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!
NOTE: PROPERTY CAN BE SOLD INDIVIDUALLY OR WITH NEIGHBORING PROPERTY (APN 7210-021-013) High income 6 unit building in the heart of Long Beach. Corner lot building with a nice unit mix of 1's and 2 bedroom units presently fully occupied delivering high cash flow with stable tenants. Parking in the front. Sold AS IS with quality tenants and rents in place. Low price per square foot and high GRM/CAP representing a true cash flow asset. Do not miss! *Expenses are estimated at 35% of GSI. Income is actual
Solid and well-built 4 plex in the heart of Long Beach - 4 large units with 4 garages, long term tenants in desirable area. Welcome to 1033 Gladys Ave, where you will find this excellent property less than 2 miles from the beach and walking distance to Retro Row, and a short distance to Belmont Shore, downtown Long Beach and California State University Long Beach and Long Beach City College. Each unit is over 900 SF of generous living space, and each unit has its own washer and dryer hookups. Excellent investment and can be the right property for someone if they wanted to live in one unit and rent out the other 3.
PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
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.
PRICED TO SELL - 10.2 GRM AND 6.3% CAP AGAINST IN-PLACE RENTS. 10 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All 2+1's, 9 of 10 units heavily remodeled with new kitchens, baths and flooring. Over $250K spent on CAP EX since 2020. The property is professionally managed and well-maintained. There is parking in the rear for 8 cars and an onsite laundry room. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND SETUP.
PRICED TO SELL. 8 units located on the East Side of Long Beach - subject to AB 1482 Rent Control (5% + CPI increases). All units are in very good condition. 10.6 GRM AND 6.3% CAP on in place rents, with upside to a 6.7% CAP. And only $301/SF. The property has new windows, new exterior paint, new landscaping, new garage doors and is professionally managed. Electrical panels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). Most units have W/D hookups. There are 4 garages on the front of the property. Units have individual waters heaters. EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROLL AND SETUP.
A Beautiful historical Victorian style fourplex in Long Beach downtown area. An Excellent income producing property consist of two (2 ) 1 bedroom + 1 Bath and one (1) 2 bedrooms+1 bath with an extra attic space and a Beautiful 3 bedrooms+ 2 bath space with 2 enclosed patio room . All units are remodeled in 2018. And New roofing was done back in 2020 through-out the property. This Property is situated on the corner of W. 9th St. and Chestnut Ave. in the heart of Long Beach downtown area 1.3 miles from the famous Aquarium of the Pacific and exactly one mile north of the Long Beach city Hall.
this property shows two one bedroom each however the owner is currently renting them as two bedrooms each. One unit is occupied by the owners granddaughter and the seller may be able to provide this unit vacant.
LOCATION LOCATION! 18 Roswell Avenue offers a versatile unit mix of (3) one-bedroom, one-bath units and (2) studio units, making it an attractive option for tenants seeking the perfect blend of beachside living and urban convenience. MORE PHOTOS TO COME! Prime Location: Just steps from the beach, Veterans Pier, and some of the best dining, shopping, and entertainment options in Belmont Shore. Parking Amenities: Seven carport spaces plus one private garage, a rare and highly sought-after feature in this area, ensuring tenants have valuable off-street parking. On-Site Laundry: A convenient, communal laundry facility is available, with the owner receiving a portion of the machine proceeds. Natural Light & Ocean Breeze: Each unit is filled with natural light, and tenants can enjoy the common balcony, perfect for relaxing and soaking in the cool ocean breeze. With ICONIX Gym just across the street and the beach lifestyle right at your doorstep, this property is ideally positioned for high tenant demand. Units in this building rarely stay available for long, making it an excellent investment opportunity with strong rental potential. Don’t miss your chance to own a slice of coastal paradise in one of Long Beach’s most coveted neighborhoods!
Highly desired area! New industrial and wharehouse buildings being build near by at 5860 Paramount Blvd, 5880 Paramount Blvd, 5910 Cherry Ave which will include over 500 permanent jobs near by. This gated property is located in Long Beach near Bixby Knolls area with plenty of restaurants and local shopping. It is a 4-plex with two studio units and two units with 2 bedrooms with one having 2 bathrooms and the other with 1 bathroom with his/her sink. Property gross revenue annually $91,972. Monthly utilities (water, gas, electric, trash) varies about $900 month. Utilities runs on 1 meter and divided up by tenants. Property has parking in the back for 4 vehicles and a 2 car garage with a total of 6 potential parking. The units had some updated in 2017 and 2018 with 3 of the units having laminate floor. Unit A and Unit D are pictures from 2018. Potential to make the garage into an ADU Unit #A - 2 bedrooms and 1 bath with double sink , has Central Air Unit #B- Studio with a separate kitchen Unit #C- Studio with large closet and bathroom, Unit #D-2 bedroom and 2 bathroom with large living room and 2 car garage and small patio area, has Central Air Disclosure We obtained the following information above from sources we believe to be reliable. However we have not verified it accuracy and make no guarantee, warranty, representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions ,prior sale, lease or financing or withdraw without notice. We include projections, opinions , assumptions or estimates for example only and they are not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigations of the property and transaction this includes price/unit, Price/SF, Cap rate and GRM are based on total price of the sale.
Property is in need of major renovation throughout. Tenants are occupying property and none are paying rent, so eviction process will need to be initiated by new buyer. Lis Pendens is attached to property and the building is in foreclosure status.
Beautiful pride of ownership property in the heart of Eastside/Alamitos Heights area of Long Beach. Two buildings on one lot. Detached two bedroom one bath front house has living room with fireplace, all refinished hardwood floors throughout, custom door moldings, large remodeled kitchen with granite countertops and stainless appliances. Updated bathroom and inside laundry area. Large rear building has two units built with permits in 1989. 1144 is a three bedroom, two bath unit with remodeled kitchen, granite countertops. Tile flooring. One bedroom down stairs and two bedrooms upstairs. 1146 is a two bedroom, two bath recently remodeled unit with quartz countertops and stainless appliances. Laminate flooring throughout and large closets.
Live in one and Rent out the other! The front unit is 2 bed 2 bath. The back unit sits on top of the 3-car garage. The back unit is 2 bed 1 bath. Will be delivered vacant.
This is a rare find in the Eastside area of Long Beach. Charming and unique California bungalow at 904 Euclid and the rear unit 906 Euclid is a totally separate and detached California bungalow as well. Each separately fenced with their own private entrances. This property is East of Redondo and south of Anaheim. Both units are move in ready, updated and have great tenants. Newer tile in kitchen, newer laminate flooring. Each of the unit has their own private single garage and plenty of other off street parking. Newer fifty foot driveway is perfect for extra cars or your RV. Zoning is R3.
625 Elm Avenue is a 21-unit multifamily investment opportunity located in Long Beach, CA. The property offers 20 studios, and 1 one-bedroom unit, with amenities including gates access, security doors, and one double car garage. This investment property is situated in the fantastic Downtown Long Beach location, surrounded by an abundance of retail, dining, and entertainment options, as well as many employers in the high-rise office buildings. Additionally, the property's close proximity to Interstate 710 provides convenient access to the Port of Long Beach and the Port of Los Angeles, two of the busiest ports in the world and a major employment hub for the region. Furthermore, 625 Elm Avenue is within close proximity of all three levels of education.
READY TO SHOW ALL 3 UNITS BEING DELIVERED VACANT 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 and see this property today!
GREAT INVESTMENT OPPORTUNITY IN THE HEART OF LONG BEACH, CLOSE TO TRANSPORTATION, DOWNTOWN LONG BEACH. FRONT HOUSE HAS 3 BEDROOMS 2 BATHROOMS, SEPARATE BUILDING CONSISTING OF 4 UNITS EACH WITH 1 BEDROOM 1 BATH. THERE ARE 3 CAR GARAGES AND PLENTY OF PARKING INSIDE THE PREMISES.
*No Rent Control* Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area without Rent Control. 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!
Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units have been partially renovated during the most recent tenant transitions. This property also has storage and laundry room opportunities for potential sellers to build out. Price $1,250,000 Price/Unit $312,500 Price/sqft $408 Current Cap Rate 5.35% Market Cap Rate 6.26% Current GRM 16.62 Market GRM 14.43
Great opportunity to own a mixed use property. Both residential units are occupied and not on leases. Commercial unit is vacant. Formally built out as dispensary. Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.
GORGEOUS DUPLEX.....THIS IS A CASH "AS IS" SALE ONLY AS WE DO NOT AND WILL NOT HAVE ACCESS TO EITHER OF THE UNITS ON THE PROPERTY. YOU ARE BUYING IT SIGHT UNSEEN AND WILL NOT HAVE ACCESS FOR APPRAISALS, INSPECTIONS OR VIEWINGS. WE ARE LOOKING FOR THE BEST "ALL CASH" OFFER FOR THE PROPERTY SO WE CAN TAKE IT TO COURT TO BE CONFIRMED BY THE JUDGE, OVERBIDDING MAY BE ALLOWED IF THE JUDGE DECIDES IT IS NEEDED..... DON'T WAIT AND SEND US A CASH OFFER, ALL CASH OFFERS WILL BE CONSIDERED HIGH OR LOW.... Located in the highly sought after Los Cerritos area of Long Beach this duplex is priced to sell.... From the street, the house looks to be in fantastic shape with meticulously maintained landscaping, but we have not seen the interior. The front house is three bedrooms with three bathroom and is almost 2,000 sqft and has some updated duel pane windows installed. The separate back unit is 1,260 sqft and has three bedroom and two bathrooms and a roof top deck. There is also a detached two car garage as well. All this on a giant 9,163 sqft flat lot.... THE SALE COMES WITH THE TENANTS, SO THE NEW BUYER WILL NEED TO DO EVICTIONS OF BOTH AFTER ESCROW HAS CLOSED. SELLER WILL NOT EVICT SO PLEASE DO NOT ASK. Please submit your best all cash offer no later than 1/23/25. THIS SALE IS SUBJECT TO COURT CONFIRMATION AND A 60 DAY APPEAL PERIOD THAT STARTS AFTER THE COURT HEARING DATE. ALL OFFERS MUST HAVE PROOF OF FUNDS A TRUST ADVISORY AND A FULL CONTINGENCY RELASE ATTACHED. NO EXCEPTIONS.
We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights 4plex is located on the corner of Euclid and Broadway. Just a short stroll to the Ocean, Belmont Shore, wonderful local restaurants, shopping, incredible schools, parks and much more! The asset is comprised of two completely detached buildings (two duplexes) with an unbeatable unit mix (1. 3bd x 2bth - 1. 2bd x 2bth - 2. 1bd x 1bth) Situated on a large rectangular (6,509 SF) lot, both buildings are strategically positioned maximizing yard space. Building 1; town-home style living at its best, each unit is two story and has its own laundry, yard space, one garage with one additional parking space. Building 2; units are located above the garages, share a rear yard and laundry, each have their own garage and additional parking space. A prime asset to add an ADU. The current owner will provide all approved ADU plans to prospective buyer/s on acceptance. 4plex buildings are arguably the most sought after asset on the market today, this one won’t last long!
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.
125 Ximeno Ave offers an exceptional opportunity for investors seeking a standout addition to their portfolio. This 18-unit legacy apartment building features a versatile mix of (2) 2-bedroom/1-bath units, (12) 1-bedroom/1-bath units, and (4) studio units, encompassing a total of 9,708 square feet on a spacious 9,462-square-foot lot. The property includes desirable amenities such as a shared heated pool and a courtyard, providing residents with both comfort and convenience. With a strong 4.74% CAP rate and a cost of $344K per unit, this investment delivers undeniable potential. Located less than two blocks from the beach and just steps away from the top-tier retail and dining options along 2nd Street, 125 Ximeno Ave boasts a premier Long Beach location. Whether your goal is consistent returns or leveraging the area's ongoing growth, this property offers a prime opportunity in an A+ location.
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.
