Welcome to 75 Granada Avenue, an exceptional opportunity to own income property in one of Long Beach’s most sought-after coastal neighborhoods — Belmont Shore. Listed at $1,299,000, this is the lowest-priced 4-unit property to hit the market in Belmont Shore in the last five years. Located less than one block from the beach, this charming fourplex features (4) studio apartments, each commanding strong rents of $1,800 per month. There is also one parking space that generates an additional $75 per month and a community laundry room. The property offers stable cash flow today with excellent upside potential through improved operations or short-/mid-term rental strategies (buyer to verify).
Nestled in the heart of Belmont Heights, just two blocks from the ocean and a short ten-minute walk to 2nd Street’s premier dining, retail, and nightlife, 207 Mira Mar Ave offers investors a rare opportunity to acquire a well-maintained, character-rich five-unit multifamily property in one of Long Beach’s most desirable coastal submarkets. All five units are fully or partially remodeled one bedroom / one bathroom. The building is equipped with 2 garages + 2 uncovered spaces in front of the garages. There is also an additional storage unit onsite which can be rented for extra revenue. A new investor can explore converting garages into ADUS. The asset has undergone major upgrades reducing near-term maintenance including new electrical panels, recoating of the roof, and new decks and railings. Letters of 8% rent increase starting March 1 have been delivered to tenants. Buyer and buyer's agent to verify all information. For more information , please see showing instructions section below.
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% 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.
Exceptional 3-Unit Investment Opportunity! Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal. Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite work—all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3–4 additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursued—buyer to verify status and scope—offering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.
Nestled in the heart of Belmont Shore, this charming and well-maintained duplex with a bonus studio offers the perfect blend of location, character, and income potential. Just two blocks from the beach, the property is currently configured as three rental units—public record shows two. Buyer to verify all permits and unit count with the City. Built in 1941, it features spacious layouts and a desirable mix: a 3-bed/1-bath, a 2-bed/2-bath, and a studio. The vacant 3-bedroom has been tastefully renovated with vinyl plank flooring, updated kitchen, and a private balcony. The front 2-bedroom, 2-bath unit is generously sized and full of charm, featuring a mix of vinyl plank flooring, carpet, and a large front porch ideal for outdoor leisure or entertaining. The kitchen includes a gas stove and dishwasher, and one of the bathrooms has been recently remodeled. The non-conforming studio features vaulted ceilings, creating an open and airy feel. It includes a sink, microwave, and refrigerator. Additional highlights include an on-site washer/dryer, two-car garage, and two additional parking spaces. Each unit has its own entrance. Prime coastal location near 2nd Street’s dining, shops, Rosie’s Dog Beach, and the Belmont Pier—an exceptional opportunity for an owner-occupant or investor in one of Long Beach’s most sought-after neighborhoods. Buyer to verify all information.
Huge 250k Price Reduction! Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5.75% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 9.5% Cap Rate, 7.9 GRM, and only 192k/unit after taking into account all the construction costs (~546k assuming $200/SF). Attractive unit mix consisting of (4) well-designed One-Bedroom One-Bathroom residential units plus (2) well-established commercial tenants (mini-market & flower-shop) both of which have been at this location for many years and have expressed interest for continued tenancy for years to come. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Large lot with 7 parking spaces in the back with future development & ADU potential. The property has seen a complete restoration, down to every inch. Overall systems were updated with new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water heaters, and brand-new windows in each unit. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets and modern countertops. The bathrooms boast new vanities and modern fixtures along with sleek bathtubs. Located in the heart of the vibrant Zaferia Design District, this well-positioned asset offers unbeatable access to local staples such as Joe Jost’s, the Traffic Circle, Recreation Park, eclectic restaurants, bars, boutiques, galleries, and more. Located just 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.
Exceptional Investment Opportunity in Prime Long Beach Location! Discover this fully updated 6-unit apartment complex featuring modern finishes and smart layouts. The property includes a spacious front unit with 4 bedrooms and 3 bathrooms, ideal for an owner-occupant or premium rental, plus four well-designed 2-bed/1-bath units in the rear building. Adding to its appeal, the property also offers an unpermitted 3-bed/1-bath basement unit (~780 SF) with an additional 380 SF of storage space, currently generating extra rental income. All units have been tastefully renovated with contemporary kitchens, updated bathrooms, and modern flooring, creating a turnkey opportunity for investors seeking immediate cash flow. The property’s central location provides easy access to Downtown Long Beach, shopping, dining, freeways, and public transit, making it highly desirable for tenants. Whether you’re looking to expand your portfolio or occupy one unit while renting out the others, 1044 Cedar Avenue combines modern living with excellent income potential.
2 units commercial and residential mixed-used property, ground up restoration, fully remodeled including of new plumbing, new electric re-wire , new HAVC, new gate, new fence, new insulation on whole property, and new roofs on the back unit and garage and new appliances. Move in ready for you. Please don't miss this multi-unit property. Front unit you can use either commercial or residential.
721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents. The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building. With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.
Charming 6-Unit Investment Opportunity in North Long Beach! Discover this well-maintained 6-unit multi-family property featuring approx. 3,100 sq ft of living space on a 6,561 sq ft lot. Built in 1955, the building offers a mix of 6 comfortable 1-bed/1-bath units, each with off-street parking. Several units feature updated kitchens with quartz counters, vinyl plank flooring, dual-pane windows, and ceiling fans. Located in a high-demand rental area near shopping, dining, schools, and easy freeway access, this property delivers both steady income potential and room for future value-add improvements. A strong addition to any investment portfolio!
This is more than an income property. This is a rare opportunity to own a beautifully upgraded side-by-side duplex in one of Long Beach's most sought-after rental corridors. Just minutes from CSULB, Belmont Shores, and the beach, this property combines strong rental income potential with modern upgrades and lifestyle appeal. TWO stylish, move-in ready homes feature private entrances and spacious interiors with updated kitchens that include stainless steel appliances, sleek cabinetry, and tile or laminate flooring. Bright living areas offer designer touches, new paint, and upgraded lighting, while modern bathrooms showcase custom tile work, updated vanities, and rainfall showers. Outdoor lifestyle spaces include private patios strung with café lights, perfect for entertaining or relaxing under the palms, and landscaped grounds with mature trees, lush grass, and privacy fencing. FLEXIBLE options allow you to live in one unit, rent the other, or lease both for strong cash flow. The high-demand location ensures steady rental interest from students, professionals, and families. With turnkey condition, brand new electrical, sewer and water pipes throughout both units. Henry Roof Saver applied to the roof with a 5 year no leak transferable warranty. No major work required, you can start collecting rent immediately, while area market rents support attractive future growth. THE location is unmatched, with walking distance to the beach, Recreation Park Golf Course, and Long Beach’s iconic coastline, it also provides easy access to the 405, 710, and 22 freeways for commuters. The neighborhood is known for charm, stability, and appreciation potential. INVESTORS see the numbers, but residents feel the lifestyle: a morning coffee on the private patio, evenings under the string lights, and weekends biking to the beach. This property offers the rare combination of turnkey investment and California coastal living. Unlike typical duplex offerings, each unit here is thoughtfully upgraded with designer details, private outdoor retreats, and modern conveniences like in-unit laundry. It is the perfect blend of style, comfort, and income potential.
$20,000 Grant Available — No Repayment! Live in One, Rent the Other! Excellent opportunity in North Long Beach — this updated duplex features two 2-bedroom, 1-bath units, ideal for investors or first-time buyers looking to offset their mortgage by living in one unit and renting the other. Each home offers an open-concept layout with beamed ceilings and indoor laundry hookups. Both kitchens were remodeled in 2020 with modern shaker cabinets and quartz countertops. Additional 2020 upgrades include laminate and tile flooring, dual-pane windows, interior and exterior paint, and new garage doors. Bring your tools and bring out the DIY in you and reimagine this income duplex. Located on a quiet, tree-lined street surrounded by long-term residents, this neighborhood offers strong rental demand and convenient access to CSU Long Beach, Downtown LA, USC, UCLA, and Orange County. ?? Ask me how you can qualify for a grant of up to $20,000 toward your down payment, closing costs, or interest rate buy-down — funds never have to be repaid! Don’t miss this opportunity — schedule your tour today and explore the income potential for yourself!
Prime Corner Lot with Parking Zoned Residential & Mixed-Use, exceptional opportunity for developers, investors, and business owners! This highly visible corner lot offers outstanding potential with residential and mixed-use zoning, making it ideal for a variety of projects. Imagine building a medical office, urgent care facility, popular restaurant or cafe, or boutique fitness studio in a thriving location with strong exposure. The property features its own on-site parking lot, a rare advantage that adds significant value for future development and business operations. With consistent traffic and excellent visibility, this lot provides the perfect canvas for your next successful venture. Buyer to verify all zoning, permitted uses, and development potential with the city before purchase.
This well-maintained multi-family property offers a fantastic opportunity for investors seeking a steady income stream. The front unit features a charming 3-bedroom, 2-bathroom single-family home, perfect for owner-occupants or as a premium rental. Behind it, you'll find a separate 4-unit building, each with 1 bedroom and 1 bathroom, ideal for maximizing rental income. Situated in a highly desirable Long Beach neighborhood, this property is close to local amenities, schools, and transportation options. Whether you're looking to add to your portfolio or start your investment journey, this is a rare opportunity you won’t want to miss!
Exclusive listing in Long Beach's 90802 area. This 3-unit triplex offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit with a patio and gazebo. The property includes parking for at least six vehicles and is located near 4th Street and Retro Row. Each unit is separately metered for utilities. The building is eligible for the Mills Act, offering property tax benefits.
This versatile three-unit property in North Long Beach offers the perfect mix of rental income, private outdoor spaces, and modern upgrades. The front home is a freestanding two-bedroom, two-bath residence with its own long driveway, two single-car garages, and a private backyard. It’s an ideal owner-user option or premium rental. Behind the home are two additional units: a one-bedroom, one-bath and a studio. Both units enjoy private yard spaces and have been fully renovated with brand-new kitchens, baths, plumbing, and electrical systems. The two-bedroom home and the one-bedroom unit also feature in-unit laundry, a highly desirable amenity for tenants. This is a rare opportunity to own a turnkey triplex in one of Long Beach’s strongest rental submarkets—perfect for investors or those looking to live in one unit while generating income from the others.
Welcome to 943 N. Washington Place, Long Beach. This property has been recently remodeled. The Seller has permits for all major work. The electrical panel and wiring have all been replaced. All the plumbing has been upgraded. A new heating and air conditioning system has been installed. All the drywall has been replaced. Each one of the 4 units has new windows, flooring, 4 Tankless water heaters and all new lighting. Kitchens and bathrooms have all new fixtures and cabinets with quartz counter tops. All units have new kitchen appliances. There is a 3-bedroom 2-bath Owners unit and 3 one-bedroom apartments with 5 enclosed garages.
Welcome to this exceptional investment opportunity, a remodeled fourplex offering a diverse mix of unit sizes and strong rental income potential. Renovated in 2021, the property combines modern updates with impressive cash flow, making it an ideal choice for both seasoned investors and owner-occupants seeking to offset their mortgage with rental income. The fourplex features a one-bedroom, one-bath unit with 559 square feet of comfortable living space, a spacious four-bedroom, two-bath unit with 1,080 square feet and its own garage, a three-bedroom, two-bath unit with 1,094 square feet and garage access, and a three-bedroom, one-bath unit with 915 square feet. This well-balanced variety of layouts appeals to a wide range of tenants, maximizing occupancy and rental demand. Currently generating an impressive annual gross income of approximately $132,000, the property delivers reliable returns with room for further growth. With one unit vacant, buyers may qualify for FHA financing or take advantage of owner-occupant opportunities, allowing favorable terms while benefiting from immediate rental income from the remaining tenants. The remodel completed in 2021 included thoughtful updates designed to enhance comfort, durability, and long-term value, reducing the need for significant near-term improvements. From its strong rental history to its desirable unit mix and updated condition, this fourplex is a rare find in today’s market. Whether you are looking to expand your investment portfolio with a high-yield, low-vacancy property or secure a home that pays for itself through rental income, this opportunity checks all the boxes.
920 Loma Avenue is an 8-unit multifamily investment property located in the desirable Eastside submarket of Long Beach, California. Constructed in 1964, the 7,597 rentable square foot property consists of six two-bedroom/one-bath units, one two-bedroom/one-bath unit with a den, and one three-bedroom/two-bath townhouse. The unit mix provides a range of living options that appeal to a broad tenant base, from individuals and roommates to families seeking additional space. Residents benefit from on-site amenities including four garages, additional surface parking, and a community laundry facility. 920 Loma Avenue is well positioned in a walkable residential pocket with convenient access to neighborhood amenities. The property sits just blocks from Woodrow Wilson High School and is within close proximity to multiple retail centers offering full-service grocers, dining, and daily services. In addition, tenants enjoy easy access to Recreation Park, one of Long Beach’s premier green spaces, featuring a golf course, tennis courts, and expansive open areas. This blend of residential charm, convenience, and recreational access makes the location especially attractive to long-term renters. The offering of 920 Loma Avenue presents investors with the opportunity to acquire a well-located, stabilized multifamily asset in one of Long Beach’s established rental markets, supported by consistent demand and proximity to employment, retail, and community amenities.
Huge 6 unit campus property with three large units in front, Craftsman bungalow in the middle, and two brand new 2025 construction ADUs in the rear totalling 5707 rentable square feet on a 7500 square foot lot. Great unit mix averaging 950 square feet with one 5 bed, 2 bath unit, four 2 bed, 1 bath units, and one 1 bed, 1 bath unit. Aggressively priced at $262/square foot, 9.8X GRM and 6.2% cap rate on actual rents plus an 8% upside to 9X GRM and 6.9% cap rate on market rents. Brand new electrical main panel. Skip the smaller properties and go straight to commercial positive leverage with rates in the high 5%'s and a 6.2% cap rate on actual rents. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 7 blocks to the beach.
This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!
This investment property is located in the coastal community of Belmont Heights, one the city's most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. PRICE REDUCED, with a 5.93 cap rate!!
This well-maintained duplex offers a prime opportunity in Long Beach. The bottom unit (825) has been recently updated with a new kitchen, appliances, and a mini-split cooling system, while both units feature in-unit laundry for convenience. The entire exterior has been freshly repainted, giving the property a modern curb appeal. The top unit (823) is slightly larger, offering versatile living arrangements. A one-car garage provides convenient parking, and the side yard is perfect for outdoor relaxation or pets, featuring a dog washing station. Located near grocery stores, restaurants, and major freeways, the property boasts a Walk Score of 88/100. With modern updates, excellent location, and thoughtful amenities, this duplex is ideal for buyers seeking a versatile property in Long Beach.
Spanish-style 8-unit apartment building located in the South Wrigley neighborhood of Long Beach. The property recently received a full exterior refresh and the interiors have been renovated at different times over the past five years. The building is in good condition with strong in-place rents, offering stable income and future upside. The property includes 8 garages at the rear that are currently unused and offer a new owner several opportunities to add value. A new owner could: Lease the garages for extra parking income, Convert the garages into ADUs, or take advantage of SB 1211, which may allow up to 8 new ADUs on the site (buyer to verify). If developed, 8 new studio ADUs rented at $1,500/month could add $144,000 in gross annual income. This property offers classic curb appeal, updated interiors, steady cash flow, and multiple opportunities to increase revenue.
Owned for 36 years, this triplex presents a rare chance to own and invest in a long-term income property. The seller has lived in one unit and rented the other two to the same tenants for 35 years, showcasing its stability and appeal. Whether you choose to occupy one unit and offset costs with rental income or keep all three as an investment, the possibilities are strong. ~~~ The front two units share a common wall and were updated at one point, while the back unit has also been refreshed and includes some non-conforming additions not reflected in the official square footage. ~~~ Parking is conveniently located between the buildings with easy access for all residents. ~~~ Appliances in the back unit (44 Mountain View) are included: two refrigerators, two stoves, washer and dryer, and a dishwasher (condition unknown). The back unit enjoys its own water meter, while the front two units share one. The owner currently covers water costs of approximately $250/month, with the option to explore adding another meter through the city. ~~~ Additional highlights include a laundry area for the back unit enclosed on-site, two newer storage sheds, and a fruit-bearing citrus tree for a touch of homegrown charm. According to Long Beach planning department and they said that it's a general plan place type is MFRM3 stories It's multifamily residential moderate. You could build 62 units per acre and limit to three stories with Title 22 development standards Here’s the breakdown: The lot is 10,106 sq ft. Since there are 43,560 sq ft in an acre, that makes the lot about 0.232 acres. With the city allowing 62 units per acre, multiplying 0.232 × 62 gives us roughly 14.36 units. So, you could build about 14 units on that lot. See it! Love it! Buy it!
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.
