Discover a true gem in the Historic Rose Park District--a beautifully renovated Craftsman-style property combining timeless character with modern luxury. Boasting over $500,000 in upgrades, this multi-unit investment opportunity features a fully remodeled interior and exterior, blending classic charm with contemporary sophistication.The main residence, a proven income generator, operates as a successful vacation rental, while the back units are occupied by dependable, long-term tenants. This setup makes the property perfect for investors seeking a seamless, turn-key opportunity or families desiring flexible living arrangements.Located just steps from the beach, trendy shops, and an array of restaurants and nightlife, this property offers an unbeatable location and lifestyle. With every detail thoughtfully addressed, this move-in-ready home promises comfort, style, and outstanding investment potential.
Prime Mixed-Use Investment Opportunity in Downtown Long Beach Located in the vibrant East Village of Downtown Long Beach, this mixed-use building offers an exceptional investment opportunity. Situated on Elm & Broadway, just two blocks from the Long Beach Convention Center and steps from the bustling Pine Avenue with its restaurants and nightlife, this property is in the heart of a high-demand area with significant potential. The building consists of four commercial business tenants on the ground floor, generating reliable income, along with 11 rented residential units above—10 studios and 1 one-bedroom—currently on month-to-month leases. Note: 10 of the residential units do not have private bathrooms 2 are shared upstairs. With a solid CAP rate over 6%, this property offers a strong return on investment. All units are due for increases as soon as the new owner decides. The units above have a motel designation, offering future flexibility for potential conversion. This property is professionally managed, ensuring ease of ownership and maintenance. For buyers interested in converting the units to a motel or renovating, new management services will be available to facilitate a smooth transition and maximize the property’s potential with rent increases and renovation. The building itself is a beautiful brick structure, adding to the character of the East Village while providing a robust and low-maintenance asset for the investor. This is an excellent opportunity to acquire a mixed-use property in one of Long Beach’s most vibrant areas. Buyer to verify all details, including the motel designation with city permitting and financials.
Prime Investment Opportunity: Entitled 11-Unit Development with Existing Cash Flow in Long Beach This is a rare and highly attractive opportunity to acquire a stabilized 6-unit multifamily property situated on an oversized lot already entitled for an additional 5 units—bringing the total future unit count to 11 units. Upon completion, the project is projected to be valued at over $6,000,000, making this a compelling investment with significant upside potential. Key Highlights: Turnkey Existing Units: 5 of 6 units fully renovated with brand-new systems throughout the property, ensuring minimal immediate capital expenditures. Unit Mix (Existing 6 Units): (4) 1 Bed / 1 Bath (1) 2 Bed / 1 Bath (1) 2 Bed / 2 Bath Entitled 5 Additional Units: Development-ready plans for modern units: (2) 3 Bed / 2 Bath units with grade-level parking (3) 4 Bed / 3 Bath townhome-style units, also with grade-level parking Financial Performance: Stabilized Gross Income: Projected to generate nearly $37,000 per month upon full build-out. Strong Cap Rate: Stabilized at a 6.75% Cap Rate on cost. Attractive GRM: Achieves a 10.74 GRM on cost, underscoring strong investment fundamentals. Significant Profitability: Projected end value exceeds $6,000,000, providing exceptional upside in one of Long Beach’s hottest rental markets. Conservatively underwritten profits of $1.2M+ make this an ideal low-risk, high-reward investment. Strategic Investment Benefits: Immediate Cash Flow: Benefit from consistent cash flow during the development process with income from the stabilized 6 existing units. Low-Risk Development Play: Existing units offset holding costs, while entitled plans minimize entitlement risk. High-Demand Location: Situated in Long Beach, a thriving rental market with strong tenant demand and long-term appreciation potential. This property offers the best of both worlds: stable cash flow today and exceptional upside tomorrow. With a clear path to development and substantial projected returns, this is an opportunity that investors and developers alike will not want to miss.
Great Cash-Flow Deal! Located just outside of booming Downtown Long Beach, 1409 Magnolia Ave is a well-maintained 6 unit building with a high yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, and (1) 1Bed/1Bath units. The property currently grosses $13,251/month and operates at a 7.08% CAP and 10.22 GRM. 1409 Magnolia Ave is the ideal investment for investor looking for day 1 cash-flow with significant upside in rental income. The subject property is located just outside the $6 Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Project, CSULB Downtown Village, Broadway Block, the Pacific and Queen Mary Island. OM in the supplements.
305 Coronado Avenue is a 16-unit apartment building in the highly desirable Bluff Heights neighborhood of Long Beach, California. The building is a charming 1948 construction with a mix of eight studio and eight one-bedroom units, many of which have been remodeled. Unit interiors boast refinished hardwood flooring, modernized kitchens and baths. The property also offers private patios, on-site laundry, and storage options. 305 Coronado Avenue is in a great rental location steps to an elementary school, within easy walking distance of popular restaurants along Broadway, a half-mile to Bluff Park and the beach, and proximate to Second Street dining, retail and entertainment. The property boasts strong in-place rents with four percent potential upside, and furthermore, a RUBS program significantly recoups utility expenses. 305 Coronado Avenue is an excellent acquisition opportunity for any investor looking for strong in-place cash flow and great location in a desirable coastal rental market.
3024 East 3rd Street is a remodeled 15-unit apartment building in Long Beach, California’s desirable Bluff Heights neighborhood. The property boasts three new ADU’s and a unit mix of three studios, 11 one-bed/one-baths, and one two-bed/one-bath. The building also offers on-site laundry. 3024 East 3rd Street is in an excellent rental location in the Bluff Heights neighborhood, known for its historic homes and tree-lined streets, one block to an elementary school, within easy walking distance of popular restaurants along Broadway, and a half-mile to Bluff Park and the beach. This offering is an outstanding investment opportunity for any investor looking for an asset in great condition in a strong coastal rental market, and 14 percent rental upside offers growth potential.
**SELLER FINANCING AVAILABLE**Discover this charming Spanish-style 13-unit apartment building nestled in the heart of Long Beach’s vibrant East Side neighborhood. Combining timeless architectural appeal with modern upgrades, this property presents an exceptional opportunity for investors seeking a value-add asset with significant income potential. With a remarkable 35% upside in rents, a new owner can unlock tremendous cash flow while capitalizing on the extensive improvements already completed. Improvements include the installation of 13 new wall heaters (1990), a full repipe of gas lines (1998), a complete replacement of water supply lines (2006),14 new electric meters (1990), double-pane vinyl windows throughout (2017), new 100 gallon water heater (2022), and all ABS plastic drain lines. The original floor plans also offer an opportunity for reconfiguration to unlock even more rental income potential. This reconfiguration has already been completed on unit #10. Seller financing is available for qualified buyers.
Courtesy: Buckingham Investments, Inc
Charming Homes in Rose Park Historic District This beautifully maintained property in the sought-after Rose Park Historic District offers a rare opportunity to own two meticulously updated homes on one large lot. Ideally situated just a short stroll from Rose Park, you can enjoy picnics, yoga, birthday parties, or simply unwind in the serene green space. Main Features: • Two Separate Homes: o 801 Molino: 3 bedrooms, 2 bathrooms o 2525 E. 8th: 2 bedrooms, 1 bathroom • Updated & Modernized Throughout: o Both homes have foundations seismically retrofitted and fully rewired with new electrical panels. o New HVAC systems with individual room climate control, ensuring year-round comfort. o New roofs, tankless water heaters, and new kitchen appliances (stoves and microwaves). o Refinished hardwood floors and restored original wood windows that operate beautifully. o New landscaping adds to the charm of the property, along with freshly painted interiors and exteriors. • Practical & Upgraded Systems: o Copper plumbing throughout and main sewer lines replaced for peace of mind. o Each home has a separate storage unit and the added benefit of a 1-car enclosed carport. • Distinct and Private Outdoor Spaces: o Each home boasts its own private backyard, providing both privacy and ample outdoor space. o 2525 E. 8th is easily accessible from the street, with no need to access through 801 Molino’s yard. • Total Lot Size & Square Footage: o 2,322 total square feet on a generous 6,501 sq. ft. lot. o All work completed with building permits. Whether you're looking to live in one home and rent out the other, or enjoy the spacious layout for multi-generational living, this property provides both functionality and historic charm in one of Long Beach’s most desirable neighborhoods. Don’t miss this rare opportunity to own two upgraded homes in the heart of the Rose Park Historic District!
Courtesy: Century 21 Union Realty
Welcome to 1470 Martin Luther King Jr., a charming Duplex nestled just a 10 drive from the sun-kissed shores of Long Beach. This property offers an excellent investment opportunity, combining coastal living with convenience. The home features 2 units, 2 bed and 1 bath Each with ample parking. City Living at Its Best: Long Beach offers cultural events, art galleries, shopping, and entertainment—all within easy reach. Whether you're a seasoned investor or a first-time buyer that is looking to live in one and rent the other. Don't miss out on this fantastic opportunity!
Charming Triplex with ADU Potential and Unique Incentives! Welcome to 2485 Pasadena Avenue, a rare opportunity to own three homes on one large lot in a convenient and desirable location. The front home, a classic Craftsman, was originally a 2-bedroom, 1-bath but has been thoughtfully reconfigured into a functional 3-bedroom layout. It includes a detached single-car garage for added utility. In the rear of the property, you’ll find two additional Craftsman cottages, each offering 1 bedroom and 1 bath. All three homes feature their own enclosed private yards, perfect for outdoor living or pets. The property also boasts a spacious driveway with room for up to six cars parked tandem, making it ideal for tenants or guests. With so much extra space, there’s exciting potential to add an ADU to maximize rental income or create a guest suite. Gas and electric are individually submetered. To top it off, this property qualifies for City National Bank’s $50,000 grant—a fantastic opportunity for eligible buyers. Don’t miss your chance to own this unique multi-unit property. Contact the listing agent for more details or to schedule a private showing!
Great investment property featuring two 1 bedroom 1 bath units along with a front studio. Located in N. Long Beach close to freeways, shopping, schools, parks, and minutes to the beach.
Investment Opportunity; 7-Unit Property Near Downtown Long Beach. This 7-unit property is an excellent option for investors looking to maximize rental income. Located near downtown Long Beach, it is surrounded by numerous apartment buildings, ensuring a steady demand for housing in the area. The property includes four vacant units, ready to be rented at market rates, offering immediate income potential. Each unit features 1 bedroom and 1 bathroom, making them highly attractive to a wide range of tenants. Conveniently located near public transportation, shops, and local amenities.
Presenting a prime investment opportunity in the heart of Long Beach's vibrant Eastside neighborhood! This fully renovated 9-unit property, originally built in 1961 and beautifully updated in 2019, offers 6,706 sq ft of living space on a 6,534 sq ft lot. The complex features 2 one-bedroom/one-bath units and 7 two-bedroom/one-bath units, all meticulously renovated with modern wood-style flooring, quartz countertops, Shaker-style cabinetry, stainless steel appliances, and designer fixtures. Located just two blocks from the bustling Fourth Street/Retro Row, this property boasts excellent walkability and access to a diverse array of shops, restaurants, and entertainment. With a current NOI of $152,215 and a strong occupancy rate, this turnkey investment promises strong returns in a highly desirable location.
Step into a lucrative investment opportunity with this well-located and versatile quadruplex, offering four spacious one-bedroom units with the potential for easy conversion into two-bedroom or ADU possibilities. 2 out of 4 of the units have washer & dryer hookups. Spanning approximately 3,568 square feet of living space on a generous 6,531 square foot lot, this property seamlessly blends 1920s character with modern upgrades, making it an ideal choice for savvy investors or owner-occupants. Built in 1925, the property is zoned LBR2N and boasts recent enhancements to maximize tenant satisfaction and long-term value. The property has street to alley access points with detached garages for tenant storage space. Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased cash flow. Whether you’re expanding your portfolio or seeking a high-potential investment in a robust rental market, 1040 Gardenia Ave delivers a perfect balance of charm, functionality, and financial opportunity. Don't miss out on this chance to capitalize on Long Beach’s thriving multi-family investment market!
Assumable Loan Available at only 3.81%! Located in the heart of Alamitos Beach, just steps away from the iconic shoreline, 1701 E. Ocean Blvd. offers an ideal opportunity to acquire a Corner Lot, 9-unit Trophy property in one of Long Beach’s most coveted neighborhoods. This Legacy property is operating at a strong 5.19% Cap Rate and 12.72 GRM! The Ocean Blvd. apartments have been extremely well maintained and upgraded by ownership. In recent years, the building has had major renovations to both the plumbing and roof. Inside, units feature built-in cabinetry, new quartz countertops, vintage crown molding, hardwood flooring, and large dining rooms with arched walkways that highlight the building’s timeless charm. Tenants enjoy the luxury of being just minutes from some of Long Beach’s most desirable locations, including the Pike Outlets, Retro Row, Second Street, Bixby Park, and the prospering Downtown Long Beach! Totaling just under 8,400 Sq.Ft., the property includes an exceptional unit mix of (1) Two-Bedroom/Two-Bath (~1,200 Sq.Ft.), (4) Two-Bedroom/One-Bath units (~1,100 Sq.Ft.), and (4) One-Bedroom/One-Bath units (~700 Sq.Ft.). Each unit offers ample closet and storage space, and select units offer washer/dryer hookups and private patios! There is a community laundry room on-site, offering additional convenience. There are a total of (8) parking spaces, including (5) garages and (3) tandem spots for tenants. These spaces could also be viewed as a potential ADU, being on the back corner of the lot. With four units being delivered vacant and an assumable loan at only 3.81% through Aug. 2028, this is an incredibly rare opportunity to cash flow on one of Long Beach’s most sought-after streets! Whether you are looking for stable cash flow or a property with long-term appreciation potential, this property is a rare find in today’s market!
Courtesy: Sage Real Estate
Don't Miss Out on this Turnkey Bixby property! This property is a 3 bedroom 2 bath home with a separate 1 bedroom 1 bath Jr. ADU!! The Seller went all out on this One!! This completely Remodeled Home Features, New Kitchens with all New Appliances, New Bathrooms with Custom Tile, New Flooring Throughout the Property, All New Recessed LED Lighting, New Energy efficient Vinyl Windows, New HVAC Units, Inside Laundry, New Electrical, Tankless Water Heater, a Brand New Roof and all New Landscaping with New Concrete! The Home has a main bedroom that features a private bathroom. There is a detached 2 car garage and so much More!! The main house has 1375 Sq. Ft, with a Kitchen that opens up to the Living Room which is perfect for Entertaining!! The Jr. ADU is secluded at the rear of the property and is 490 Sq. Ft, it has 1 bedroom, 1 bathroom, a Nice Kitchen with New Appliances, New Bathroom and a Living Room with it's own laundry hook ups. This property allows you to have a nice new home with additional income potential or you can have a relative living close by. Come on by and Check out this Newly Constructed Home on a nice size Lot!! It is located in a highly desirable area of Long Beach, close to Schools, Shopping the Beach and More!! Submit all offers!!
Courtesy: Keyes Real Estate
Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.
**Income-Producing Four-Unit Property in Long Beach** **Address:** 6730 N Paramount Blvd, Long Beach, CA 90805 Prime investment opportunity with this single-story, four-unit property totaling 2,032 sqft. Designed for low-maintenance and secure living, this property is tenant-ready and offers strong income potential. This property has potential of two additional ADU with future construction approval as well. **Gated Entry & Security Features**: Gated access, security doors, and window bars for each unit ensure tenant safety. **Privacy Enhancements**: Brick privacy wall surrounds the property. **On-Site Parking**: Dedicated parking spaces for all units at the rear of the property. **In-Unit A/C**: Each unit includes in-window air conditioning, a sought-after amenity for tenants. **Turnkey Exterior**: Orange stucco finish with mature landscaping enhances curb appeal. Centrally located with easy access to amenities, this property is ideal for investors looking to expand their portfolio with steady rental income potential. Inquire now for details and a showing!
4 units in a great LB location with a 91 Walk Score, nearby shopping, dining, Rec Park and more. Attractive unit mix: 1-3BR/2BA (single story), 2-2BR/2BA (2 story townhouses) and 1-2BR/1BA (2 story townhouse). Most units remodeled with new floors, all units are spacious and with well appointed floorplans. All units have a separate water heater and all electric building. Ample parking:(3) single car garages and (1) two car garage. Garages had a brand new roof last year. Onsite laundry facility and the entire property is gated and fully secured. The property currently grosses approx $113,700 per year and is priced attractively at a real 4.31% CAP (actual) and a 14.73 GRM. At market rents the property is a 12.50 GRM and 5.45% CAP. Approx 18% upside in current rents.
Charming Spanish-Style Duplex with Modern Upgrades Welcome to this beautifully upgraded Spanish-style duplex. Each unit, thoughtfully designed for comfort and functionality, features 2 bedrooms and 2 bathrooms, providing ample space for residents or tenants. Private entry for each unit and each unit comes with a vehicle charging station. Both units shall be delivered vacant at close. Both the downstairs and upstairs units boast sleek, island kitchens equipped with modern appliances, ideal for cooking and entertaining. The interiors are enhanced by spacious bathrooms, walk-in closets, and the convenience of in-unit washer and dryer sets. The exterior showcases low-maintenance landscaping, designed to maximize enjoyment while minimizing upkeep. A private lounge area with a cozy firepit invites relaxation and outdoor gatherings. This duplex is perfect for those seeking stylish living spaces with contemporary amenities and a touch of classic Spanish charm. Ideal for owner-occupants, investors, or multi-generational living. Don't miss this exceptional opportunity!
Duplex + bonus unit in Trendy Rose Park! This unique property offers a fantastic opportunity for owner-occupants or investors. The front house, a charming 3-bed, 1-bath craftsman bungalow, combines vintage charm with modern updates. It includes original wood built-ins and moldings, high-grade vinyl flooring, dual-pane windows, and washer/dryer hookups. Recent upgrades include newer copper plumbing, and a newer water heater. Currently rented at $2,200/month. The rear building, built in 1989, boasts 2,028 sq. ft. of living space. The upstairs unit features an open floor plan 3-bed, 2-bath unit with central AC/heat, durable high-grade vinyl flooring, and dual-pane windows. Currently rented at $3,400/month. The downstairs was originally an extension of the 3bed/2bath unit featuring a den with a full bath and kitchenette. A doorway was closed off to turn the space into a 1-bed, 1bath “bonus unit.” There is potential to convert the 1bed/1bath unit into an ADU (buyer to verify). Currently rented at $1,300/month The rear building also features 2 attached garages and a large storage room which can be rented for additional income. Tenants pay all utilities.
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.
