**Charming Three-Unit Building in Prime Long Beach Location** Nestled just minutes from the beach and vibrant downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: **3-Bedroom, 1-Bathroom Unit**: This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create a perfect cozy family home. With its bright, airy atmosphere and functional design, it provides a comfortable and stylish living experience. **2-Bedroom, 1-Bathroom Unit**: A charming, cozy space perfect for tenants or a smaller family. The unit boasts updated features, ample natural light, and a functional floor plan, ensuring both comfort and convenience. **Owner’s Studio Unit**: A private and well-appointed studio, offering a peaceful retreat with a kitchenette, full bath, and space to live comfortably while being steps from your rental income potential. Property includes two oversized two car garages with alley access and units above. Potentially converting the garages into additional units. Enjoy the best of coastal living, with the beach, dining, shopping, and entertainment. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property offers endless possibilities. Don't miss out on this incredible opportunity in one of Long Beach’s most desirable locations!
Investor’s Dream Opportunity – Seasoned or First-Time Multifamily Buyers Discover the perfect investment opportunity with this fantastic and highly sought-after four-plex in Long Beach, conveniently located near the Outer Traffic Circle. This property offers a variety of attractive features, including: Front House: Spacious 3-bedroom, 2-bath home with huge dining room, living room, and newly remodeled showers. Additional Units: Three large 2-bedroom units, each with easy access to a community courtyard, open space and laundry room. Parking & Storage: Every unit includes an assigned private garage. Recent Upgrades: Both showers in the front until have been remodeled, roof was replaced approx. 6 years ago. Convenience: Individually metered for electricity and gas. Built in the 1960s, and not many opportunities for a four-plex in this area, this property includes spacious courtyard and secure, income generating community laundry room with shared machines and separate garages. Both showers in the front unit have been remodeled. Prime Location: Just blocks from Alamitos and Junipero Beaches, and close to California State University Long Beach, the 2nd & PCH shopping center, Long Beach Exchange, The Hangar, golf courses, parks, and public transit. Rental Potential: All units are well under current market rates. Opportunity to increase NOI immediately. Don’t miss this rare chance to own a versatile multifamily property in a high-demand area. Contact agent today for more details! Unit 1: 3 bed, 2, bath, approximately 1300 sf Unit 2: 2 bed 2 bath, approximately 1000 sf Unit 3: 2 bed 1 bath, approx 900 sf Unit 4: 2 bed, 1 bath, approx 1100 sf Each unit has a detached 1 car garage. All units are currently occupied on month-to-month leases.
This is the high cash flow turn key multi-family you have been looking for! Every one of these units have been beautifully remodeled and all have their own private laundry! The rear building has had extensive updates and consist of 4 units offering refinished hardwood floors in some units while others have new water resistant laminate. Other upgrade includes new bathrooms, upgraded plumbing, lovely updated vintage kitchens loads of storage, mud rooms with rear exits and each with their own private laundry hook ups, new light fixtures, stainless appliances installed and much more! All located on a huge lot with large common area for tenants. The front duplex is stunning with a huge owner's unit that is absolutely incredible!! Offering soaring coved ceilings, stunning formal dining room with grand bay window and original huge with pocket doors! The gigantic formal living/family room has to bee seen with faux fireplace with all original built in book shelves. There is even a grand formal entry, gorgeous kitchen that is stunning to say the least with solid surface counter tops, amazing light fixtures offering many new upgrades but some original built-in cabinets remain. There are 2 bedrooms one leading out to a really cool private side patio exclusive to the unit and the other bedroom is on the second floor with an enormous walk in closet with access to an huge attic space and 1.5 baths total! The main floor bathroom is enormous and has been fully remodeled. The duplex has a new roof installed and the rear 4 unit has had white coating with a 5 year warranty for added heat prevention. There is a 1 stall detached garage currently used as storage that has the preliminary approval for an ADU conversion, and the finished plans will be provided to the Buyer! Also, the very unique PD-30 zoning on this particular property could allow you to possibly add MANY more units in the future! (Buyer to verify independently) Truly the possibilities are endless or keep it as it is making great cash flow! All units are separately metered for gas and electric. (All photos were taken after remodel and before tenants moved in, condition may vary)
This well-maintained property is located in Alamitos Beach, next to Bixby Park. Considerable value add with approximately 50% in rental upside. This property offers a unit mix with (18) eighteen two-bedrooms and (2) two one-bedroom. Each unit is individually metered for electricity and gas, providing residents with greater control over utility costs. Recent upgrades include copper plumbing, vinyl windows, and a new roof. The property is on two parcels, two ten units each, eliminated the requirement for an onsite manager. This property offers its tenants with ample parking with Ten (10) Enclosed Garages and eight tandem spaces. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment.
Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.
5 UNIT APARTMENT BUILDING IN PRIME EAST SIDE LOCATION. FRONT HOUSE IS A 2 BED/2 BATH WITH A 2 CAR GARAGE AND ADDITIONAL 2 UNCOVERED PARKING SPACES. BACK BUILDING IS A 4 UNIT CONSISTING OF STUDIOS AND ONE BEDROOMS. ONSITE LAUNDRY ROOM BRINGS IN ADDITIONAL INCOME. GREAT RENTAL MARKET 7 BLOCKS TO THE BEACH, CLOSE TO CSULB AND 4TH STREET RESTAURANTS AND SHOPPING. HURRY THIS PROPERTY WON'T LAST LONG!
Courtesy: Pacific Sotheby's Int'l Realty
Courtesy: Triqor Group
Courtesy: Good Opportunity Homes & Investments
This centrally located triplex is a great opportunity for an investor or owner-user! It is in the Wrigley area of Long Beach just minutes to the 710 fwy, 405 fwy, Pacific Coast Hwy, and the beach. Public transportation, restaurants, shops, schools, and parks are within its vicinity. The units are gated, and set in an easement where it's quiet and secured. This triplex consists of one 1 bed/1 bath, one 2 beds/1 bath, and one 3 beds/1 bath. This property has been well maintained with long term tenants.
We are pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach, a multi-tenant retail property on a corner lot between E Harding St & South St. The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant; two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term. The majority of the rents are below market, an ideal opportunity to reposition the building at the end of the lease terms to achieve market rents, or occupy a portion of the building as an owner user. The property is being offered at a low $200 PSF at the asking price. Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property. Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School and easy access to both the 710 & 91 Freeways.
Courtesy: Home Smart Realty Group
Courtesy: eXp Realty of California Inc
PRIME EASTSIDE LOCATION! 4-PLEX ALL 1 BEDROOM/1 BATHROOM UNITS. 2 GARAGES AND 1 ADDITIONAL PARKING SPACE AND ONSITE LAUNDRY ROOM BOTH BRINGING IN ADDITIONAL INCOME!! REMODELED UNITS. NEWER EXTERIOR PAINT PROPERTY. GREAT RENTAL MARKET WITH CLOSE PROXIMITY TO CSULB, SHOPPING, RESTAURANTS AND ONLY 5 BLOCKS TO THE BEACH! HURRY THIS 4-PLEX WILL NOT LAST LONG!
Luxurious, Fully Rebuilt Three-Unit Property, A Rare Income and Lifestyle Opportunity Experience the perfect harmony of modern design and practicality with this fully rebuilt three-unit property. Ideal for families or investors, this move-in-ready gem boasts high-end upgrades and a focus on luxury throughout. All work it done with proper permits. Live in one unit, and the rent from the other two units will cover the mortgage. Property Highlights • Completely Rebuilt: Brand-new: Electrical Systems, Plumbing, Roofing, Air Conditioning system, Automatic Sprinkler System, Double Pane Milgard Windows, and Flooring across all units. • Meticulously Designed Interiors: Modern open floor plans, high-quality finishes, and full-tile bathrooms with exquisite stone designs. • Independent Utilities: Each unit is separately metered for electricity and gas. Unit Details: Front House (Unit 1): • Spacious 3-bedroom, 2-bathroom layout. • Primary bathroom features a full bath with stunning floor-to-ceiling stone finishes. • Secondary bathroom boasts an elegant standing shower with premium stone accents. • Projected Rental Value: $4,100. ADU (Unit 2): • Modern 2-bedroom, 2-bathroom unit. • Bathrooms feature stone-accented standing showers and chic, lighted mirrors. • Projected Rental Value: $3,200 JADU (Unit 3): • Cozy 1-bedroom, 1-bathroom space. • Thoughtfully designed with a stylish standing shower and ceiling-high stone finishes. • Projected Rental Value: $2,600 $$$ Investor's Dream: Exceptional Rental income potential with very low operation expenses Estimated at or below 10% Annually due to new Construction with Hi-Cap Rate $$$. Additional Features • Modern kitchens with brand-new appliances in all units. • New washers and dryers in each unit for added convenience. • Each unit has a dedicated front yard with ample room for gardening and outdoor dining. • Beautifully landscaped front yard with fresh grass and new automatic sprinklers. • Serene backyard featuring fruit trees, creating a tranquil oasis. • Parking space for 4 cars. https://111East67thWay1818171mls.f8re.com/ https://vimeo.com/1036491765?share=copy#t=0
Discover the perfect blend of history and creativity in this space, nestled within the iconic Lafayette Building in the vibrant Long Beach Arts District. This is a commercial property used as office space, this versatile space offers endless potential for professional use. Used as living space by previous tenants. The Lafayette Building boasts a rich architectural history and is surrounded by an eclectic mix of galleries, cafes, and entertainment, embodying the artistic energy of the area. Enjoy access to a variety of building amenities while being just steps away from the cultural and culinary delights of downtown Long Beach.
Hidden Gem in the East Arts Village District of Long Beach. This fully renovated mid-century modern duplex has the perfect vibe! Penthouse unit has loads of natural light, contemporary accents and a fantastic open floor plan. Approximately 1000 sq. feet with a huge primary suite with gorgeous hardwood floors and modern en suite bathroom. Kitchen has a sleek design with custom cabinets, Caesar Stone counter-tops, stainless appliances, and porcelain flooring. Lower unit resembles top on a smaller scale. Property has a back-yard garden sanctuary in the middle of the city! Attached garage with direct access to unit. Stackable Laundry too! Great location and a short distance to the water, restaurants, coffee houses and Convention & Performing Arts Centers. Truly a must see!
Courtesy: REALTY ONE GROUP EMPIRE
Courtesy: Vista Sotheby's Int'l Realty
Welcome to 1022 Raymond Ave. Completely remodeled with 3 Bedrooms & 1 Bathroom upstairs and 2 Bedrooms and 1 Bathroom downstairs. Attached garage to the bottom unit with ample parking. Each unit has it's own entry and courtyard for privacy or storage. Each unit has it's own meters for utilities. Upstairs is a long term month to month tenant. Downstairs is vacant with a recent remodel. In the hear of long beach with lots of restaurants and shopping walking distance from the property. Feel free to reach out with any questions.
Welcome to 20 Roycroft Avenue, its location doesn’t get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.
Updated inside and out, this 16-unit apartment community boasts a desirable unit mix of all 2-bedroom and 1-bathroom units. Featuring a new roof, new exterior railings, improved decks and walkways, select window replacements, and 9 recently renovated unit interiors, this property is well-maintained and ready for a smooth transition to the next owner. Five units were recently remodeled top to bottom with new paint, flooring, light fixtures, brand new kitchens and bathroom finishes. Four additional units have been partially updated. This property offers additional income potential with architectural plans to convert 8 garage spaces into 4 ADUs in progress - current Owner already passed the pre-planning stage with the City. All existing units are metered separately. There is a controlled-access gate for extra privacy and security for all tenants. A community laundry room is offered on the property and can acquire extra income. At 100% occupancy, the CAP Rate: 6.17%, not including the proposed ADUs. This apartment community is located near East Village Arts District and Downtown Long Beach where you will enjoy the variety of local parks, restaurants, cafes, and so much more.
Invest in north Long Beach and own this updated 16-unit apartment community. Composed of a desirable unit mix of all 2-bed, 1-bath units across two buildings with a courtyard in between, this property boasts a scheduled CAP rate of 5.05% at 100% occupancy, and significant rent upside. Two units are vacant and ready for market-rent tenants, and all existing tenants are on month-to-month leases. Five of the 16 units are newly renovated (2024) with updated plumbing, paint, flooring and kitchen finishes. Two of these five units also feature upgraded bathrooms and lighting throughout. More 2024 building updates include all new electrical panels (main and subs), and new water lines to 8 of the 16 units. A community laundry room provides additional income. This apartment building is located near Atlantic Avenue restaurants and shops, the new KB Homes mixed used development Rhythm (under construction), and easy access to the 91, 710 and 405 freeways.
Significant Price reduction!!! Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 6.2% and a GRM of 10.61 with an additional 4% in upside to a market cap rate of 6.6% and a 10.13 GRM. Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just completed at the rear of the property separated by a new turf courtyard. ADUs include mini-split AC units, in-unit laundry hookups, open concept kitchen/living areas, stainless steel appliances, high grade cabinets, quartz countertops, and full-sized bathrooms. Parking for 3-4 cars in the rear of the property.
Here is a large four-plex property available with spacious units in the city of Long Beach, only 2 to 3 miles from the beach, schools, CSULB, Veteran Affair Medical Center, and a golf course. Property has four units: Each units 3Bed / 2 Bath. Strong rental area with tons of upside on rent would be a great source of income. Located convenient to shopping and walking distance to great restaurants and public transportation, Will not last long, please contact as soon as possible.
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.
