Featuring a Beautiful 2bedroom 2bath completely remodeled for the buyer looking for uniqueness, bold and elegance. Nestled in the vibrant heart of Long Beach, this property offers a versatile layout, and a permitted Accessory Dwelling Unit, currently utilized as a captivating game room that seamlessly extends into the spacious backyard retreat. The thoughtfully designed interior showcases a top-to-bottom renovation, featuring upscale finishes and designer touches throughout. Entertain effortlessly in the open-concept living area, enhanced by abundant natural light and stylish hardwood flooring. Situated mere minutes from the sun-kissed shores of Long Beach, residents enjoy easy access to a plethora of recreational opportunities, including beachfront activities and waterfront dining. Indulge in the vibrant culinary scene along 7th Street, or explore the eclectic mix of shops, bars, and entertainment venues that adorn the neighborhood. Conveniently located near Belmont Heights, Park Estates, and the esteemed Cal State Long Beach, this residence offers unparalleled proximity to acclaimed educational institutions, parks, and cultural attractions. Come experience coastal living in this enchanting Long Beach retreat, where every detail has been meticulously curated for modern comfort and style. Welcome home to a lifestyle of luxury, convenience, and endless possibilities.
We are proud to present 3701 E. Broadway to the market! This spectacular Belmont Heights 4plex is located on the corner of Euclud 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!
The Mogharebi Group is pleased to present the opportunity to acquire 2223 Mrytle, a 14-unit secured access community located in Long Beach, California. The property has recently undergone significant renovations. Exterior upgrades include new windows, new paint, new garage door hardware, lighting, security gates, intercom system, stairway upgrades and a fresh slurry and stripped parking lot, along with professional landscaping upgrades. Interior kitchen upgrades include new custom cabinets and hardware, modern quartz counter tops, new stainless-steel appliances (including refrigerator, dishwasher, microwave, and stoves), new sinks, and custom facets. Bathroom upgrades include new custom cabinets and counter tops, new bathtubs, and custom tile enclosures. Flooring and custom lighting is new throughout the interior. Upstairs units have vaulted ceilings, creating a spacious feel. The building’s electrical system has new subpanels, each unit has an individual water heater and tenant pay they own gas and electricity. A RUBS system has been initiated for water and sewer expenses. Every living room and bedroom has a newer a/c unit. The property is located within a walkable distance to many nearby points of interest such as Long Beach City College, MLK Jr. Park, and PCH. This prime location, when paired with the high-quality renovations allow 2223 Mrytle to easily capitalize on a large potential tenant base and strong local economy.
Two houses on a large lot. Front house is very open and features 3 bedrooms, 2 baths, plus an office. Recently remodeled kitchen and baths. Rear house is a one-bedroom unit with its own entry walk and enclosed back yard/patio area. It's kitchen and bath have also recently been remodeled. A two-car garage sits in the in rear of the property. Front house: Kitchen...waterproof laminate flooring, stainless steel, premium cooktop, farm sink, oven, micro and wine-fridge. Shaker cabinets, quartz counters and recessed lighting. Mater suite is huge with a separate office, vaulted ceilings, a private deck, a fireplace and a walk-in, organized closet. The bathroom has been freshly remodeled with dual sinks, a free-standing tub and an all-glass-enclosed walk-in shower...very European. The owners use the garage as a rec-room, laundry room, workout room and have "converted" the driveway to a dog-run, veggie and herb garden, outdoor dining area and an artificial grass area for their kids...oh ya, and don't forget the outdoor shower. From the kitchen, double glass doors lead you out to the brick patio shaded by an incredible, big old California live oak tree. Fire up the BBQ. For the kids, Fremont Elementary school is just a two-block walk and you are just about one mile from the beach and a few more steps to Second Street. The owners have also really enjoyed the short distance access to the Colorado Lagoon and Marine stadium, especially the Wednesday evening farmers market.
Location, location, location. Don't miss out on this opportunity to add this unique asset to your portfolio. Four large 1 bedroom, 1 bath units in an updated and well maintained building located just steps to the beach and close to everything that makes living in Long Beach desirable. This could be the special investment you've been looking for. Some of the updates over the years have included new electric wiring and panels, new plumbing and gas lines, and interior remodeling (btv). New roof less than a year ago. There's still lots of new development coming to the surrounding areas of Long Beach and this location is just a short distance to Belmont Shore’s “2nd street”, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for a smart investor looking for a prime asset in an A plus unbeatable location. Units can be delivered vacant to new owner.
Great opportunity for first-time investors, savvy investors, and not to forget buyers who are looking to offset their mortgage with rental income. This income producing property includes 4 total units consisting of 3 one-bedroom one-bath units and 1 two-story, two-bedroom one and a half-bath unit. There are also approved plans and permits for an ADU to be built inside one of the garages that could add an estimated additional $20K of annual income. Some construction has already been done. Property also features a laundry room, separate gas electric meters, and parking. Property has a tremendous amount of upside.
Courtesy: The Agency
PRICED TO SELL. 9.9 GRM AND 6.4% CAP with upside to a 7.1% CAP. 8 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Only $290/SF. Located in the quiet residential Wrigley area, the property is professionally managed and well-maintained. Onsite laundry room. There are 5 garages in the rear, each could rent for as much as $125/garage. The Electrical Main Panel is 200 AMPS (Siemens) and the Subpanels are 50 AMPS (Siemens) - Buyer to verify. The seller spent over $175K at the time of purchase on new exterior paint, landscaping, and interior updates to units including new kitchen countertops, vinyl flooring and paint. Email Listing Agent for more info including a Rent Roll and actual expenses.
Welcome to 341 W. 21st Street! Idyllic, perfectly situated duplex and beautifully updated. Located in the South Wrigley District of Long Beach -1st unit (currently vacant): Large, Two-Story, Charming 3-Bedroom/2-Bathroom Owners Unit with High Vaulted Ceilings, A/c, laundry room, yard and Private Balcony; approximately 2 Miles from Long Beach Waterfront, Downtown Long Beach and Long Beach Convention Center. Newly Painted Building with New Roof (2021) & Termite Completion (2021). 2nd unit (current tenant on month to month) has separate entrance and address (One) 2-Bedroom/2-Bathroom Unit with Spacious Patio and yard. Potential to convert 2 car Garage to ADU to Generate Additional Income (check with City) -Walking Distance to Retail Shops, Restaurants, Grocery Stores, and Public Transit. Both units have hardwood floors throughout and great natural light.
6261 and 6264 Orange Ave is a great opportunity to own a duplex and live in one unit and rent the other out. Maybe you are an investor looking for a replacement property for your 1031 exchange. Both units are each two bedrooms and one bath and have hardwood floors and a separate laundry room inside the unit. The rear unit has a private backyard and the front unit has a large front yard of its own. Each unit has a one car garage. Please do not disturb the tenants, drive by only, please do not walk the property. SEE LISTING SUPPLEMENTS FOR AN ESTATE APPRAISAL THAT WAS DONE AND SEE INTERIOR PHOTOS OF BOTH UNITS. All tenants are month to month
4956 and 4958 E Stearns St is a great opportunity to own a duplex in the Artcraft Manor area of Long Beach across the street from Stearns Champions Park. Both units are each two bedrooms and one bath and have hardwood floors and a separate laundry room inside the unit. The long driveway and two car garage is shared by both units. The rear unit has a private backyard and the front unit has a large front yard of its own. Please do not disturb the tenants, drive by only, please do not walk the property. SEE LISTING SUPPLEMENTS FOR AN ESTATE APPRAISAL THAT WAS DONE AND SEE INTERIOR PHOTOS OF BOTH UNITS. All tenants are month to month
Price Reduction! 12-unit project cash flowing at an amazing 8.5% Cap Rate and 7.7 GRM after taking into account all construction costs! Priced at only 253k/door in the heart of Long Beach, it offers not only 6 fully renovated residential units upstairs but also 4 retail spaces (with RTI plans to convert to 4 residential units) + nearly RTI plans to convert the attached garages into 2 attached (1bed/1bath) ADUs. The 6 residential units (100% occupied) have been already fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Additionally, each unit is individually metered for gas and electricity. The large 9,180 SF lot comes with ~9 open parking spaces as well as ~4 garage spaces. Price/Unit, Cap Rate & GRM are based on Total Price for the sake of conservatism, which includes the construction cost of 4 retail conversions at 75k/unit (300k) + 2 attached ADUs at 75k/unit (150k) for a total project cost of 450k offering a remarkable Cap Rate of 8.5% and 7.7 GRM after including all construction costs.
Beautiful two unit house nearby the beach in Belmont Shore! Each unit, upstairs and downstairs, comes with 2 bedrooms and 2 baths. Also comes with an attached 3 single car garage with laundry hookup in the garage. Front yard has a very nice patio flourish with plenty of greenery and gated for your private relaxation in the ocean air. Upstairs unit has a beautiful fireplace located in the middle of the living room. Also comes with a private balcony as you step out of the bedroom. The house also gives two ways to enter the property, through the front of the property, or the alley way in the back where the garage is located. House is conveniently located near the beaches, dog park, and main street providing many varieties of food and shopping on 2nd Street. More pictures of the downstairs unit to come soon!
Discover the timeless elegance of this meticulously preserved 1928 Spanish Fourplex. This property seamlessly blends modern conveniences with historic charm, maintaining the architectural integrity and beauty of its era. Extensive renovations have faithfully replicated the original features, ensuring an authentic Spanish experience.Each of the four units offers unique character and comfort. With a mix of 3 two-bedroom, one-bath units and 1 three-bedroom, two-bath unit, the Fourplex features hardwood floors, tiled kitchens and baths, and original Art Deco lighting fixtures. Additional amenities include vintage stoves, updated dishwashers and refrigerators, and new hot water tanks. The original windows and vintage laundry room floors add to the period charm.The property also boasts a covered roof patio over three garages, perfect for relaxation and entertainment. Long-term tenants highlight the desirability and uniqueness of this historic gem.Embrace a rare opportunity to own a piece of history where the past and present harmoniously coexist. This Fourplex is a true testament to Spanish architectural beauty and modern functionality.
Discover the perfect blend of residential and commercial opportunities at this mixed-use property located in the heart of Long Beach. Featuring 3,835 square feet of building space on a 3,835 square foot lot, 1229 Roswell Ave/4136-4138 E Anaheim St offers two high-visibility retail units at the front, ideal for attracting foot traffic and boosting business. Behind the retail units, you'll find three residential units including one 1-bedroom, 1-bathroom unit and two studios. Currently, one studio and the bottom one-bedroom unit are vacant, providing the opportunity to upgrade and secure market rents. The remaining studio is on a month-to-month lease, and both commercial retail units will transition to month-to-month agreements starting September 1st. Don't miss this chance to own a versatile mixed-use building in one of Long Beach's most sought-after neighborhoods. Whether you're looking to diversify your investment portfolio or establish a new business hub, 1229 Roswell offers endless possibilities.
Investors, welcome to 1961-1967 Pine Ave. Come find this charming 4-Unit low-maintenance property, ideal for both new investors and seasoned investors adding to their real estate portfolio. 4 homes, each with 2-bedrooms, 1-bath, patios, separately metered for electricity and gas, allowing tenants to pay their own expenses. Each home is complimented with 1 of the 4 single-car garages. Adorable patio areas. The property is 100% fully rented, housing very long-term tenants. Located in vibrant Wrigley, moments from Blue Line Train, Long Beach Memorial Hospital, and tons of Shopping along Pacific Ave. You’re going to love this one.
• Prime building location in East Village. • 3 Parcels Total included with this sale: 406 Linden: 7281-007-025; 414 Linden: 7281-007-024; 416 Linden: 7281-007-023 • 406 Linden is 18 Units; 414 Linden is 2 Units; 416 Linden is a vacant lot
Nestled in one of Southern California's most eclectic and vibrant cities, Long Beach, California, this timeless Spanish apartment building is a true gem. Less than half a mile from the Pacific Ocean, this property boasts 22 charming units, offering a mix of one-bedroom and studio apartments. Located in the heart of the Alamitos Beach and the Downtown area, residents enjoy a dynamic neighborhood characterized by extensive renovations, trendy restaurants, and stylish living spaces. This locale perfectly blends the charm of classic architecture with the allure of modern amenities, making a unique and enriching urban lifestyle. Huge 300-foot-deep lot.
Nestled in one of Southern California's most eclectic and vibrant cities, Long Beach, California, this timeless Spanish apartment building is a true gem. Less than half a mile from the Pacific Ocean, this property boasts 14 charming units, offering a mix of two bedroom, one-bedroom and studio apartments. Located in the heart of the Alamitos Beach and the Downtown area, residents enjoy a dynamic neighborhood characterized by extensive renovations, trendy restaurants, and stylish living spaces. This locale perfectly blends the charm of classic architecture with the allure of modern amenities, making a unique and enriching urban lifestyle.
This property is a prime investment opportunity in a sought-after neighborhood of Long Beach. Conveniently located near the 710, 405 and PCH, this can be a commuters dream home or investment. Nestled on a charming tree-lined street with ample parking and excellent curb appeal, it offers flexibility for renting out both units or enjoying one while generating income from the other. The upstairs unit features 2 bedrooms, one of which has a spacious walk-in closet and 1 bathroom. It showcases a lovely covered front porch, perfect for entertaining, grilling or enjoying that coastal breeze. It has been re-vamped with new engineered hardwood floors throughout the large living area. You’ll love how ample, roomy and bright the home feels. The kitchen is gorgeous and conveniently features a separate laundry room and dining area. The downstairs unit, offers 2 bedrooms and 1 bathroom, a spacious living room and long term tenants. Both units have their own independent entrances and one car garage each with additional storage. Strategically located near shopping, entertainment, dining, fitness centers, and educational institutions, including Downtown Long Beach, this property is a fantastic income opportunity in an area poised for investment growth. Don't miss out on this gorgeous investment in a thriving community!
Classic styled 4-unit building in the historic Willmore District. All the apartments have been updated and feature shared front and rear balconies, upgraded kitchens and baths, built-ins aplenty, refinished hardwood floors and private laundry facilities. Ample storage is ensured with multiple walk-in closets in every unit. Separate gas and electric meters for each unit. Long Beach is controlled by state assembly bill 1482 where rents can be increased by the CPI 3.9%+ 5%= 8.9% effective Aug 1, 2024 so there is upside potential on the rental income!
First time for sale in 35 years. 8 Unit Apt. Bldg.This is a fixer with value-add opportunity. This owner owns several other buildings that we can package or sold separately, call for the portfolio list. See attached rent roll in supplements.
Endless possibilities await with this charming Craftsman home in Rose Park South. This property includes a total of four units. The front house, showcasing traditional Craftsman architecture, has two bedrooms, an office, one bathroom, and a dedicated front yard. Down the long driveway, there are three rear units, each with one bedroom and one bathroom. Parking is ample, with two single-car garages and six parking spaces between the buildings. The location is ideal, just a quarter-mile from Retro Row and one mile from the water, offering a fantastic lifestyle.
Opportunity to acquire The 1136 Hoffman Apartments, a 12 unit apartment building located in Long Beach, CA. The property offers (12) 1 bedroom units, majority single story, producing excellent income. Community amenities include on-site laundry for tenants as well as a center courtyard. The building has been extensively renovated both on the exterior and interior of the units, including a new roof, electrical systems, flooring, and cabinets. The 1136 Hoffman Apartments provides an investor the opportunity to acquire an income producing asset with established rents at current market rates.
Opportunity to acquire The 1133 Hoffman Apartments, a 12 unit apartment building located in Long Beach, CA. The property offers (12) 1 bedroom units, all single story, producing excellent income. Community amenities include on-site laundry for tenants as well as a center courtyard. The building has been extensively renovated both on the exterior and interior of the units, including a new roof, electrical systems, flooring, and cabinets. The 1133 Hoffman Apartments provides an investor the opportunity to acquire an income producing asset with established rents at current market rates.
Long Beach is located in California. Long Beach, California has a population of 470,489. Long Beach is less family-centric than the surrounding county with 31.43% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Long Beach, California is $58,314. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Long Beach is 34.3 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 46.1 degrees. The average rainfall is approximately 13.8 inches per year, with 0 inches of snow per year.
