Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore. This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.
Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore (extremely large units). This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.
1845 Maine Avenue 12-unit Spanish-Colonial style complex is located in Los Angeles County's rapidly growing Long Beach Market. Consisting of an ideal unit mix of (2) 1 bedroom/1 Bath units and (10) studio units. Strategically located in the heart of South Wrigley, tenants enjoy the restaurants, shopping, and entertainment of Downtown Long Beach, Pine Avenue, and The Shoreline Village. Access to commuting freeways and core job markets continues to make this location irreplaceable. A future investor will enjoy long-term upside with this asset due to a continued shortage of apartment housing and lack of affordability of single-family homes in Southern California.
We are pleased to present a 6-unit multifamily property. Built in 1964, the subject property consists of 4,714 rentable square feet spread throughout a 5,851 square foot lot. The building consists of two 1-Bedroom / 1-Bathroom units, three 2-Bedroom / 1-Bathroom units, and one 3-Bedroom / 1 Bathroom unit. It contains 10 parking spaces providing ample on-site parking. Tenants enjoy living in the Greenbelt Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains
Reduced 100,000: HOME PLUS INCOME on crest of hill. Classic 1952 MID CENTURY SFR plus 2 separate 1 BR Units built in 1924 over 4 spacious garages. Completely gated. Lush gardens surround this unique property. Ideal family compound and/or rental income. Entire complex recently painted both inside and out. Front SFR offers 1707 sq. ft. w/ spacious LR, FORMAL DR, FAMILY RM, 2 BRS, 1.5 BA. Large KITCHEN w/Lots of cabinetry, separate BRKFST AREA, new STAINLESS STEEL RANGE and DW. New electrical for stove. New kitchen & bath floors. Original HARDWOOD FLOORS in front home & 1 UNIT. Period metal windows bathe the home in sunlight & architectural appeal. Detached SFR has raised deck area in back plus lower [recently poured] CEMENT PATIO and walkways lined w/ flower beds. New water heater in SFR, some new wiring for oven/range. Craftsman style duplex over 4 spacious garages offer separation from front house. Both units include STOVES & REFRIGERATORS. Back units were recently renovated w/period black and white tile floors, subway tile backsplashes, spacious KITCHENS w/ lots of original cabinetry, built-in book cases, writing desks, & faux FP. Both units were replumbed w/ copper pipes. Sewer line was partially redone. Back units enjoy a bit of an ocean view from the balconies and BR. Additional parking in front of 4 garages. Lots of street parking. POTENTIAL FOR ADU (?). WALKING DISTANCE to trendy BELMONT SHORE and OCEAN.
Courtesy: Pacific Sotheby's Int'l Realty
Discover a prime opportunity in the heart of Downtown Long Beach with this unique offering of three Own-Your-Own units at 619 Cedar Avenue. This bundle includes two studio apartments and a single 1-bedroom unit. Perfectly positioned within walking distance to Pine Avenue's vibrant dining and entertainment scene, and close to metro rail services, these units are primed for solid rental demand. Currently, rents are below market value, offering significant upside potential with a proforma cap rate of 6.5%. Ideal for those looking to capitalize on Long Beach's dynamic rental market, these units present a chance to secure a low-maintenance property with a high return on investment.
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 5.8% and a GRM of 11.15 with an additional 8% in upside to a market cap rate of 6.5% and a 10.30 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.
We are pleased to present a 14 unit apartment building located at 1045 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. 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 8,720 rentable square feet spread throughout a 11,980 square foot lot. It was built in 1922 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 5 garages which are generating 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.
We are pleased to present a 12 unit apartment building located at 1229 - 1231 E. 4th Street in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. 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 6 parcels for a total of 7,442 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1936 and consists of all one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 garages which are generating 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. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.
Spacious Property with Business. Super Coin Laundry with a high return. Located on a busy intersection off of Pacific Ave and Pacific Coast Highway. 3 Bed 1 bath apartment on second level of business with 10 parking spaces. Also includes an extra large storage space.
A Rare find for investor. High generating income property at approx $150,000 yearly. Property is offer over 7% cap rate which is rare in this market. Property consist of (1) commercial building and (5) one bedroom and one bath unit apartments. Tenants are long term and a few have lived on the premise for over 20yrs. The commercial Tailgate Bar has been in business for a very long time and is a local spot for the locals. Commercial Tenant is responsible for all utilities, repair and maintenance pertaining to interior and exterior of the building. Low management. The residential units have all been renovated with vinyl and tile flooring, all except one have new kitchen cabinets and quartz countertop and brand new vinyl, retrofit, dual glazed, low E windows. Building has also been freshly painted exterior. All great tenants and great relationship with Landlord. Landlord only pays water and landscaping. Low expenses. Residential address is 1709 W 25th Street, Long Beach, CA 90810. This property is self managed by owners with ease for over 10years with almost no vacancy in the last 10years. No shortage of renters for the area.
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 7 studios, 11 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. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. There has been over $2B invested in real estate transactions and new development projects since 2013. There are 3,997 residential units in the development pipeline. Notable completed projects near the subject property include the Shoreline Gateway at 777 E. Ocean Blvd. which is 35 stories high with 315 residential units and 6,700 sq. ft. of restaurant and retail space, the Ocean View Tower at 200 W. Ocean Blvd has 142 units with 4,100 sq. ft. of commercial space, and Volta on Pine at 635 Pine Ave. has 271 units with 1,302 sq. ft. of retail and commercial space. Currently under construction is the renovation at the Breakers Hotel at 210 E. Ocean Blvd, Broadway Block at 330 & 333 E. Broadway which is 432 units and over 17,793 sq. ft. of retail space, Aster at 250 E. Broadway with 218 units and 7,300 sq. ft. of commercial space, as well as the Broadstone Promenade which is 189 units with ground floor retail space as well. The Long Beach port has been undergoing $4.4 billion in redevelopment that will create 14,000 new and permanent jobs in Southern California.
We are pleased to present a 14 unit apartment building located at 532 Nebraska Avenue in Long Beach, California. This is a value-add opportunity in a great location of Alamitos Beach. 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 5,565 rentable square feet spread throughout a 6,745 square foot lot. It was built in 1984 and consists of all one bedroom / one bathroom 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 parking spaces which are able to 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. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. There has been over $2B invested in real estate transactions and new development projects since 2013. There are 3,997 residential units in the development pipeline. Notable completed projects near the subject property include the Shoreline Gateway at 777 E. Ocean Blvd. which is 35 stories high with 315 residential units and 6,700 sq. ft. of restaurant and retail space, the Ocean View Tower at 200 W. Ocean Blvd has 142 units with 4,100 sq. ft. of commercial space, and Volta on Pine at 635 Pine Ave. has 271 units with 1,302 sq. ft. of retail and commercial space. Currently under construction is the renovation at the Breakers Hotel at 210 E. Ocean Blvd, Broadway Block at 330 & 333 E. Broadway which is 432 units and over 17,793 sq. ft. of retail space, Aster at 250 E. Broadway with 218 units and 7,300 sq. ft. of commercial space, as well as the Broadstone Promenade which is 189 units with ground floor retail space as well.
Great Mixed use building Trophy Building in the Witmer Heights of Long Beach. It has a large patio and parking between the two structures. Both units on the ground level are commercial and the unit upstairs is a residential single. The two units downstairs are occupied by an Herbal Retail Store (not cannabis). The larger unit is retail and the smaller unit is used for demonstrations and classes. The building is fully leased.
Huge Residential Compound located within the highly sought after neighborhood of Alamitos Beach! Here is your chance to own three freestanding buildings on a massive lot of almost 10,000 sqft, blocks away from the sandy beach! This large 4-unit asset consists of two single family homes (each with their own garages and private yard space) and a duplex, totaling almost 4,000 sqft of rentable space with plenty of parking. Live in one and rent the others, add more units by converting the garages into ADUs, short-term rentals blocks away from the ocean – the opportunities are endless!
Charming Duplex with a lot of potential. 1,535 sf. of total living space. One Unit is 2 bedroom and 1 bathroom, with a large living room and dining area. The other unit is 1 bedroom and 1 bathroom. Central heating and AC. 2 Car garage with a long driveway for additional parking. Lots of potential and opportunity to attain market rents as the property will be delivered vacant.
Welcome to this exceptional duplex + possible ADU conversion nestled just a mile from the pristine shoreline in the vibrant heart of Long Beach, offering not just a home but a prime investment opportunity with dual plus potential ADU income streams. This property features two separate units, ADU/garage possible conversion ideal for generating additional revenue, alongside ample parking space for further income potential. Situated in an area ripe with development opportunities and future retail potential, and located in one of Long Beach's premier tourist areas, this property promises substantial profit and sustained growth. Don't miss out on this chance to invest in the quintessential Long Beach lifestyle with endless rental possibilities – schedule your viewing today and seize the 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.
This Beautiful 2 unit Duplex with private driveway for each unit and separate garages is a great income property. 5 bd 2 ba total: 3 bd 1 ba in first unit, 2bd 1 ba in the second unit. The duplex has all original features in home with loads of potential. The backyard is spacious and allows for building or expansion of multiple units for an investor with a total of 8500 sq ft lot. Solid cashflow property in a great area of Long Beach. The property is near major freeways, shops and restaurants. Ten minutes from Downtown Long Beach. This Property is priced at a great value with endless possibilities.
Welcome to 263 Corona, a unique and well appointed multi-unit property laid out perfectly on its 8,100+ square foot lot in the highly desirable Belmont Park. From the incredibly clean curb appeal with recently renovated exterior and hardscape, you're greeted by the main entrance to the 3 front units just inside a main front door right beyond the recently renovated downstairs unit's patio. The first floor entry to the 2 bedroom 1 bathroom + den gives way to an impressively sized first floor unit which wraps the majority of the footprint of the front 3 units. Upstairs, either side of the hall is each upstairs 1 bedroom 1 bathroom's entry which is split amongst the second floor in its entirety. Behind the 3 front units, lies one of the most impressive 1 bedroom 1.5 bathroom rentals you may ever find in Belmont Park. With it's expensive vaulted ceilings, recently renovated kitchen, bar for entertaining and private backyard, hardscaped patio deck, and private two car garage, this living space can double as an owner looking for passive income or an incredibly impressive rental. All units aside from the front downstairs 2 bedroom share the laundry room attached to the 4 car garage with its own private laundry room entry and all enjoy upgraded copper plumbing throughout. This is quite possibly one of the most unique and impressive multi units you may ever find in Belmont Park whether you're looking for an investment or a place to land just steps from anything you could ever want coupled with offset passive income.
MOTIVATED SELLER - Very well cared-for, two-unit investment property. Front unit is 2/1. Rear unit is 3/1.5. Two-car, attached garage that can be converted into ADU. Additional two off-street parking spaces. No rent control. Neighboring duplex shares driveway. Tenant in front property has lived there approximately 17 years. Rear tenant approximately 5 years. Both units will be delivered occupied. This property may be for a novice investor where they occupy one unit and rent the other. Or simply another income property for a seasoned investor's portfolio. Owner purchased property in 2006.
MOTIVATED SELLER - Very well cared-for, two-unit investment property. Front unit is 2/1. Rear unit is 3/1.5. Two-car, attached garage that can be converted into ADU. Additional two off-street parking spaces. No rent control. Neighboring duplex shares driveway. Tenant in front property has lived there approximately 17 years. Rear tenant approximately 5 years. Both units will be delivered occupied. This property may be for a novice investor where they occupy one unit and rent the other. Or simply another income property for a seasoned investor's portfolio. Owner purchased property in 2006.
Prestigious Bluff Park Historic District. Located along the Ocean Bluffs, with a panoramic view of the Pacific Ocean. Walking distance from lively Belmont Shores 2nd Street. These are more than income-generating units. These are executive apartments with private patios, ocean views, and their very own private garage as well as private laundry. A rare find indeed!! 3535 E Ocean Blvd: Approximately 1500 square foot home from the front porch, you are surrounded by beautiful unobstructed ocean views. Spanish-style home with oak hardwood floors throughout. It may seem like an escape back in time, but don’t be mistaken this home has been extensively remodeled to have the look and feel of an old Spanish Villa while providing all the state-of-the-art amenities. Viking 6 burner stove, Subzero Refrigerator, Open concept kitchen/dining room/living room with cabinetry that was built custom and specifically for the space. That’s just the kitchen! Central Air and Heating. Completely new electrical, a tankless water heater, plumbing that has been completely redone down to the main waterline. Built in bookcases, and home office accommodations offer a space to conduct business just in time to frontier into the new norm; working or creating from the comfort of your living room. Master bedroom has a ¾ bathroom, plenty of closet space and large windows that bring in lovely warm light and a soft breeze. 2nd bedroom is located to the rear of the unit, with a large walk in closet and 3 windows that surround the room bringing in lots of bright sunshine. Full bath is located at the end of the hall and was made to look vintage with its gorgeous glass tile, and chrome fixtures a real must see! This downstairs part of the home also has a private patio to round out the perfect beach living dream. It offers a built-in BBQ, with mini-fridge, two areas for storage, and plenty of room for entertaining.....NICE!!! 3533 E Ocean Blvd & 5, 7 Loma Ave Now imagine all of the above the central air/heat, the tankless water heater to provide unlimited hot water without worry, hardwood floors throughout, Spanish tile backsplash and flooring, but with a private balcony! 5 Loma offers a 1 bedroom 1 bath, with French doors that open up to the perfect balcony for beach living and people watching. 7 Loma is perfect for the tenant who loves the minimalist lifestyle while having all same amenities offered to the other unit
- 4 Beds & 7 Baths - 4,452 SF - Four large 1 bedroom & 1 bathroom (Front Building) - individual gas & electric meters - Building in none rent controlled area - Close to Blue Line transportation, school - Most 1 bedroom units have new kitchen cabinets, floor & windows and inside paint - 1 bedroom units have laundry hook-ups THE PROPERTY IS SOLD AS-IS CONDITION.
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.
