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.
We are pleased to present a 19+1 unit apartment building located at 728 Cerritos Avenue in Long Beach, California. This is a value-add opportunity in a great location. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. One property was built in 1924 and the other was built in 1952. The properties consist of 5 studios, 12 one bed/one bath units and 2 two bedroom / one bath units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 9 garages which generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.
Discover an extraordinary opportunity for both investors and homebuyers with this charming Cal Heights duplex! This property is a rare gem. Each unit is light and bright, featuring wood and tile flooring, and 2 generous bedrooms and 2 bathrooms with approximately 1,070 square feet of comfortable living space. As you enter the front door of Unit A. enjoy the beautiful original hardwood flooring and fresh interior paint. Inviting living room and dining areas transition to the kitchen. There is plenty of cabinet space along with stainless steel appliances and stone countertops. The half bathroom conveniently off the kitchen and easy access to the private back yard and patio. Upstairs are two versatile bedrooms, along with a full bath. This property is not only about the interiors; each unit also offers a private yard, ideal for outdoor family gatherings. There is shared storage room, on-site laundry facilities, and a convenient 1-car garage further enhance the property's appeal. This duplex is nestled in the heart of California Heights, one of Long Beach's most coveted neighborhoods. Enjoy the vibrant community atmosphere, just blocks away from the unique shops and delightful restaurants on Atlantic Avenue, the lively farmers market, multiple parks, top-rated schools, and easy freeway access
100% Gut-Renovated 9-unit building in Belmont Shore cash flowing at an amazing Current Cap Rate of 5.25% and 13.6 GRM. All units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. The unit mix provides unparalleled versatility, including 2 spacious (2bed/1bath) units ideal for families, as well as 5 modern (1bed/1bath) units, and 2 (studio/1bath) units perfect for individuals seeking comfort and style. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency (4 vacant). On top of that, the major systems have been updated including electrical, plumbing, HVAC, etc. The property is located in the heart of Belmont Shore within walking distance of the Pacific Ocean and the Beach. Located just steps away from all the neighborhood attractions, restaurants, bars, and shops on 2nd St such as Sait & Second, Nick's on 2nd, The Win~Dow, Simmzy's, Roe Seafood, Breakfast Republic, Sweet Jill's Bakery, Galata Ice Cream, and many more popping up all around the area.
Discover an exceptional investment opportunity in the heart of Long Beach! This versatile 5-unit rental property offers a highly desirable layout and prime location, making it an easy-to-rent option for savvy investors or owner-occupants. At the front of the expansive lot, a cozy 2-bedroom, 1-bath house greets you with its inviting character. The front house offers a private garage and a dedicated laundry area. Step inside to find a comfortable living space with plenty of potential to make it your own home, or use as the premier rental unit of the five offerings. Behind the front house, you’ll find four (4) additional 1-bedroom, 1-bath units, each with its own covered front porch—perfect for enjoying Long Beach’s coastal breeze. One of these units was just beautifully remodeled and is now vacant, ready to welcome a new tenant or even a potential owner. The remodeled unit features wide plank light oak laminate flooring, custom built-in cabinetry in the living room, crisp white shaker kitchen cabinets, elegant quartz countertops, and stylish five-panel shaker doors. With new plumbing and abundant natural light, this unit stands out as a bright and modern living space, showcasing the possibilities with the remaining units. The other four units are tenant-occupied, offering steady income from day one, and they come with great potential for updates to further increase investment value. Each unit has its own separate electric and gas meter, adding convenience for both tenants and management. Situated on a spacious 6,674 sq. ft. lot, this property also boasts a recently replaced roof, and designation within the Historic District. The location is unbeatable—just 1.5 miles from Shoreline Village, where you’ll find a variety of dining and entertainment options. The iconic Queen Mary is only 2 miles away, and Drake Park, with its soccer fields, tennis courts, and playground, is within walking distance. Around the corner, you’ll also discover the Historic Bembridge House, adding a touch of local charm and history to the neighborhood. This property offers the perfect blend of modern updates, historic appeal, and prime location, making it a rare gem in Long Beach. Whether you’re looking to grow your investment portfolio or secure a steady income stream, 1070 Loma Vista Drive is a must-see. Don’t miss this incredible opportunity!
Remodeled 4Plex with large private yards, located in one of the nicest pockets of Long Beach! Perfect opportunity for any buyer/owner user looking to live in one unit and have their neighbors pay their mortgage. 1000 Ximeno Ave is comprised of (4) 1Bed/1Bath units. Beneficial to the new owner, all remodels have been completed, including new flooring, appliances, countertops, bathrooms and patios. The two downstairs units feature large private 325sf yards, perfect for entertaining. All units have washer and dryer in unit. There are also 3 tandem parking spots (6 spaces total). Bordering Belmont Shore and located in one of Long Beach's Top Rental Markets, this truly is a one-of-akind building. It is just outside the $6Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island. OM in supplements.Remodeled 4Plex with large private yards, located in one of the nicest pockets of Long Beach! Perfect opportunity for any buyer/owner user looking to live in one unit and have their neighbors pay their mortgage. 1000 Ximeno Ave is comprised of (4) 1Bed/1Bath units. Beneficial to the new owner, all remodels have been completed, including new flooring, appliances, countertops, bathrooms and patios. The two downstairs units feature large private 325sf yards, perfect for entertaining. All units have washer and dryer in unit. There are also 3 tandem parking spots (6 spaces total). Bordering Belmont Shore and located in one of Long Beach's Top Rental Markets, this truly is a one-of-akind building. It is just outside the $6Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island. OM in supplements.
TWO UNITS IN ONE LOT, 3 BEDROOMS + 1 3/4 BATH IN FRONT IS OCCUPIED AND 1 BEDROOM IN BACK. NEW EXTERIOR PAINT AND NEW GARAGE DOORS. INFORMATION PROVIDED BY SELLER, BUT NOT VERIFIED BY LISTING OFFICE. BUYER TO VERIFY ALL INFORMATION
Built in 1958, the property is zoned LBCCA, boasts recent enhancements to maximize tenant appreciation and long-term value. Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased cash flow. Currently, one studio and a one-bedroom unit are vacant, providing the opportunity to upgrade and secure market rents, making this an exceptional investment opportunity.. This impressive property consists of 7 well-appointed units offering a mix of Studio and 1 bedroom layouts, appealing to a range of tenants. These commercial units are centrally located in Long Beach, offering access to major shopping, convenient transportation and direct access to the 91 freeway, ensuring quick connections to LAX, downtown LA, and other Key metropolitan areas.
Beautiful Triplex in the city of Long Beach. Remodeled. Front unit is a detached home with 3 bedrooms, 1.50 bathrooms and 2-Car Garage direct access. Unit B is a 1-Bedroom and 1-Bathroom. Unit C is a 1-Bedroom and 1-Bathroom. All are move in condition. There is an empty lot which belongs to this property, city is approved to build another house.
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.
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 2 Bed/ 1Bath, 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. All units are 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. each unit has its own parking. 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.
Prime Multi-Unit Investment Opportunity in West Long Beach. This exceptional 7 multi-unit property located just 1.5 miles from downtown Long Beach and conveniently close to major freeways. A unique property offering seven units spread across three separate buildings. It is an ideal investment with significant rental potential. 1 Stand-Alone Bungalow: A charming 2 bed, 1 bath home featuring an attached garage and private yard, perfect for attracting long-term tenants. One 4 Unit two-story Building, each unit offering 2 bedrooms and 1 bathroom. 1 Spanish-Style Duplex, with two 1 bed, 1 bath units. Dedicated parking for 4 cars located at the rear of the property. This property can significantly increase its rental income, making it an excellent opportunity for investors looking to enhance their portfolio.
1323 Dawson Avenue is a 12-unit apartment asset in Long Beach, California. The property is offered at 11.12 GRM and 5.60% Capitalization Rate on current rents. The property is comprised of 10 Studio’s and two one-bedroom apartments, with most of the units being single story construction. Parking is off site and utilities are master metered, providing additional income upside through the implementation of a RUBS program. With a market rent Capitalization Rate above the 6% range and a Market GRM in the mid 10’s, this property offers a strong cash flow investment opportunity.
Beach Duplex Located steps from the sand, 12 Argonne Ave. Unit A: This is the upstairs 2bed/1bath unit. This unit has ocean views and includes, a fireplace, hardwood, tile & vinyl flooring, ample kitchen cabinetry, stainless steel sink, dishwasher, gas range stove & oven with hood, refrigerator, ceiling fans, bathroom vanity and shower with tile flooring & backsplash. Unit B; Downstairs is a Studio Unit with Ocean Views, Fireplace, Kitchen, Bathroom with Shower. There is a 1 car garage with shared washer/dryer for both units. Plenty of street parking. Easy access to 2nd street and the beach conveniently located right across Ocean Avenue.-Happy New Year & Welcome to your new investment and/or Home!
Delight in the charm of Long Beach with this four-unit income property located in the Bixby Knolls area. Nested in a tree-lined street with a mix of homes, condos, and other small income properties, this excellent investment opportunity awaits. The property showcases two one-bedroom units and two single units. Residents benefit from designated parking and convenient on-site laundry facilities. A prime location offers easy access to a variety of amenities including Trader Joe's, local businesses, and casual and fine dining options. Enjoy a walkability score of 90 combined with convenient proximity to transportation, fantastic bikeability, and stress-free freeway access. Nearby parks include Scherer Park, Bixby Knolls Park and Somerset Park. Currently the upper one bedroom is vacant, providing a fantastic chance for a buyer to occupy and have their mortgage paid. This is a property that delivers a perfect blend of convenient location, desirable living space and an investment opportunity for a 1031 exchange, first time buyer or move up investor.
Fantastic opportunity to buy a fourplex in a prime rental area! These are large two-bedroom units with great layouts and ample storage. Recently upgraded. washer/dryer hookups. Close proximity to bus lines, shopping, and entertainment makes them easy to rent. The building has been well-maintained and has great curb appeal.
**SELLER OFFERING $15,000 TOWARDS INTEREST RATE BUY-DOWN FOR BUYER** Welcome to 801 Atlantic Ave, Long Beach, CA – a stunningly renovated 4-unit multifamily property perfect for both investors and owner-occupants. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof! Enjoy gross scheduled rents of $113,220 per year, a 13.0 GRM, a 5.0% cap rate, and an 8% upside in rents. Additionally, unit 807 (3bd 1ba) and unit 803 (2bd 1ba) will be available at close of escrow, ideal for an owner-occupant or investor to select their tenant and capture market rent!
PRICED TO SELL! Property is a permitted Duplex 1435 & 1439 Pine Ave, PLUS there is a bonus structure in the back has made a great Studio Unit. Buyer can check with the city as there is a potential to add an additional unit and/or build up making this into a four plex! The value is this property has a garage for the front house and plenty of hard to find gated parking! Alternatively, great opportunity to buy to live in the front house and rent out the others. Front House boasts 3 generous bedrooms with two baths with one being an En-Suite, gleaming new laminate flooring throughout, new tiled flooring and custom tiled showers, expansive living area perfect for all gatherings that opens to a new gourmet island kitchen adorned with new fixtures and appliances. The ADU is a one bedroom one bath charming cottage with all new finishes including a brand new kitchen. There is a non-permitted Studio that was present and we just remodeled. There is plenty of gated parking to turn this into a Quad as the front house has a one car garage they can access while the back units have gated parking in the rear. In addition to every detail being new on the interior the property was upgraded with New Ext. Paint, New Siding, New Windows, New Roof, New Stucco, New Garage Door, and New Split Unit AC installed all making this a smart purchase.
Introducing 1812 E. Carson Ave, Long Beach – A Prime 4-Unit Investment Opportunity Discover the perfect blend of comfort and practicality with this rare 4-unit property in the heart of Long Beach. Situated on a generous lot with ample parking and versatile garage spaces, this property is designed to appeal to investors seeking stable, long-term value. Property Highlights: Front Detached Home: A charming 2-bedroom, 1-bathroom home featuring a cozy fireplace, interior laundry, and a private setting separate from the other units. Modern Triplex (Built in 1987): Two units are 2-bedroom, 2-bathroom flats, offering spacious layouts. One unit is a townhouse-style 2-bedroom, 2-bathroom residence with both front and rear private patios, ideal for tenants seeking a unique rental experience. Additional Features: Ample Parking: A large lot with tandem garage spaces, accommodating up to two cars per garage. Utilities: Sub-metered for gas and electric, ensuring efficiency and ease for landlords. Desirable Location: Set in a sought-after area of Long Beach, surrounded by local amenities and strong rental demand. On-site laundry room for the triplex tenants. This is the epitome of “bread-and-butter” investing – solid, dependable, and perfectly suited for long-term growth. Whether you’re a seasoned investor or building your portfolio, 1812 E. Carson Ave is a property you don’t want to miss.
Introducing 6089 Atlantic Ave – A Turnkey 4-Plex Investment Opportunity! This beautifully remodeled 4-unit property is a rare gem in Long Beach, offering both newly constructed ground-floor units and fully renovated top-floor units. With a mix of two 3-bedroom, 2-bath units (735 sq. ft. each) and two 2-bedroom, 1-bath units (600 sq. ft. each), this property delivers modern living spaces that are move-in ready. Key Features: All units available for you to take full control by setting new market rents from day one. Using the City of Long Beach Housing Authority payment standards, the projected annual income is $139,608. Strong Financials: Enjoy a projected cap rate above 6.5% and a gross rent multiplier of 10.5, based on potential market rents. Turnkey Condition: All units have been upgraded with top-to-bottom renovations, including in-unit laundry hookups and energy-efficient mini-split systems. Parking: Ample parking is available in both the front and rear of the property. Zoning & Development Potential: This property is situated in an RMU-3-A zoning area, allowing for high-density residential development. Options include: Re-permit the ADU as a primary unit by paying applicable fees. Add up to 3-4 detached ADUs in the front or center open spaces for additional rental income. Maximize Density: Explore the potential to develop 30-50 units with density bonuses, making this property an excellent covered land play for future growth. Whether you’re looking for a fully renovated, income-generating property or a site with incredible redevelopment potential, 6089 Atlantic Ave checks all the boxes. Don’t miss this unique opportunity to invest in Long Beach's thriving real estate market. Contact us today for more details or to schedule a showing!
Permitted single story triplex with excellent upside potential! All three units are currently rented, offering a solid foundation for strong cash flow. Units A and C are 2-bedroom, 1-bath layouts, while Unit B is a 1-bedroom, 1-bath unit. Units A and C also come with separate 1-car garages, adding extra rental value and appeal. This property presents a fantastic opportunity for investors looking to maximize returns in a highly desirable market.
Courtesy: Y Realty
5 Unit apartment building on a large 6,800 SF lot in Long Beach! This property has 2 buildings, a front house consisting of a 4 Bedroom / 2 Bath ~1,398 SF and a separate back building ~ 2,100 SF consisting of 4 ALL 1-Bedroom/1-Bath units! This property has on ONSITE laundry room that brings in additional income! Parking for about 7 cars onsite! This property currently brings in $8,629/month in gross rental income. Currently operating at a CAP rate of 5.1 CAP and 12.6 X GROSS! This is great investment opportunity with upside potential through renovations/rent increases. Located close to downtown Long Beach, shopping and restaurants and offering easy access to Alamitos Beach, 4th Street!
STOP THE CAR..TWO HOUSES ON THE SAME LOT.... BACK HOUSE HAVE IT'S OWN ADDRESS 1157 1/2 Make this Your First income Property or just your Home with additional Income . The Best way to make your Money work for you. Live in one Rent THE 2ND HOUSE OUT. This Property is in North Long Beach and a very Desirable Neighborhood. The Front Home Boasts 3 Very Large Bedrooms, Huge Dine in Kitchen with plenty of cabinets for Ample storage and 2 extra large Bathrooms Both with Bathtubs IT ALSO HAVE A BONUS ROOM and inside Laundry, One car attached garage with long Driveway for extra Parking. The Back HOUSE Which is Permitted is 2 Bedrooms at APPROXIMATELY 900 Sq. Ft and 1 3/4 bathrooms. There is an Additional 2 car garage in the Back, and a Bonus room which is attached to the garage. This property can be a Money Maker. It"s equipped 2 Electrical Meters for easy Billing and 2 Gas Meters Front house pays water Bill and Land Lord pays the water for back House Don't Miss out Lets Chat.
A great income-producing property consists of two buildings. A front single-family home that has 2 beds and 2 baths with a good-size family room and a kitchen. A Duplex built in 2008 in the back has one 2 bed and 2 baths unit and a 3 bed and 3 baths unit separated by one common wall. All units come with a 2-car garage and extra parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St Mary's Hospital of Long Beach less than 2 miles away from the Aquarium of the Pacific.
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.
