This distinctive four-unit property (ADU potential) in Long Beach’s sought-after Rose Park neighborhood blends timeless Craftsman character with excellent investment potential. The front house, currently vacant and perfect for an owner-occupant, is a spacious three-bedroom, two-bath home showcasing original wood floors, built-ins, and a large, covered porch framed by classic columns. A private fenced yard enhances its appeal, making it an inviting home for someone who wants to live on-site while generating rental income from the other units.**** Behind the main house is a one-bedroom home with its own backyard, deck, and front porch. Two additional one-bedroom units complete the property, one located above the garages and the other above the rear of the front house, each offering natural light and functional layouts. The oversized lot is thoughtfully designed with an electronic gated entry, four garages, five additional parking spaces, large storage rooms, and a shared laundry room. Recent exterior painting, including the front house, provides refreshed curb appeal.**** Positioned in Central Long Beach, this property offers easy access to everyday conveniences with neighborhood parks such as Rose Park, Carroll Park, and Bixby Park just minutes away. Local favorites along Retro Row, including coffee shops, boutiques, and restaurants, are close by, as well as Downtown Long Beach and the shoreline.
620 PACIFIC AVE. IS CURRENTLY RENTED AS A TRANSITIONAL LIVING HOME. ALL UNITS CAN BE DELIVERED VACANT. MIXED USE ZONING. FRONT UNIT COULD BE A COMMERICAL OFFICE.
OWNER IS CURRENTLY REMODELING AND PRICE IS SUBJECT TO CHANGE. Three Charming Detached Homes in the Prime Rose Hill Historic Area of Long Beach! A Peaceful Residential Vibe! Perfect Owner User Setup With Rental Upside! Whether You're An Owner-User Dreaming Of Offsetting Your Mortgage Or An Investor Looking For Strong Rental Income, This Property Checks All The Boxes! Location, Charm, And Opportunity! The Front Home Is A Classic And Spacious 3 Bedroom, 2 Bathroom California Craftsman Built In 1912, Full Of Original Character, Hardwood Floors And That Warm, Timeless Charm! The 2nd Home Is A Spacious 2 Bedroom (Small 2nd Bedroom, Nursery, or Office), 1 Full Bathroom Cottage, Privately Set Back And Perfect For Steady Rental Income Or Guests! The 3rd Detached Home Is An Attractive And Cozy Studio With 3/4 Bathroom. There Is A Separate Car Garage That Could Also Be An ADU? Each Unit Has Its Own Personality, Private Entry, And Access On A Deep Lot With Mature Landscaping, Including A Gorgeous Jacaranda Tree! This is An Unbeatable Location Just Minutes From CSULB, Retro Row, Belmont Shore, 4th Street Shops, And The Beach. Fantastic Long-Term Tenants That Would Love to Stay, But Month-To-Month To Meet Your Goals! Rarely Do Properties Like This Come Available With So Much Versatility In Such A Prime Area. Tenants are wonderful and pay all utilities!
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. 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. Walking distance from the beach and restaurant and shopping centers. Enjoy access to a variety of building amenities while being just steps away from the cultural and culinary delights of downtown Long Beach.
ATTENTION INVESTORS! This triplex investment property opportunity has a unit mix of three 2-bedroom, 1-bathroom units. It is located in a residential neighborhood with good rental demand. There is upside potential in rents and the possibility to convert the garage into an accessory dwelling unit (ADU). (Check with the City of Long Beach for their ADU garage conversion guidelines and permissibility.) This property is across the street from Addams Elementary School and is convenient to shopping, employment centers, and freeway access. The property is currently 100% tenant occupied.
Charming 2-Unit Property in the Heart of North Long Beach! Don’t miss this fantastic opportunity to own a well-maintained income property in a desirable North Long Beach neighborhood! The front unit is a spacious two-story home featuring 4 bedrooms and 2 full bathrooms, offering plenty of room for a large family or rental potential. The rear unit is a private 1 bedroom, 1 bathroom home situated above a detached 2-car garage—ideal for extended family, guests, or additional rental income. The property includes a long driveway with ample parking space, secured by a decorative wrought iron gate for added privacy and peace of mind. The generous backyard is perfect for family gatherings, kids’ playtime, or weekend barbecues. Located near schools, shopping centers, public transportation, and major freeways, this versatile property offers both comfort and convenience. Whether you’re looking to live in one unit and rent the other or invest in a great rental property, this North Long Beach gem checks all the boxes!
Prime East Side Long Beach - Coastal Gem: 5-Unit Investment Opportunity Blocks Away from the Sand! Asking $1,399,000 Seize the opportunity to own a piece of Long Beach's vibrant coastal landscape at 2415 7th Street. This outstanding 5-unit apartment building, listed at $1,399,000, offers the ultimate in location and income potential, with the beach a mere seven blocks away – perfect for enjoying sun, surf, and seaside strolls. The property boasts a desirable unit configuration, including a charming front 2-bedroom, 2-bathroom house complete with a 2-car garage and two extra parking spots. Ideal setup for owner occupant seeking cashflow. The rear structure houses four well-appointed units, consisting of studios and one bedrooms, designed for broad appeal in Long Beach's thriving rental market. Property is well maintained with multiple upgrades and remodeling throughout. Added income is generated from the convenient on-site laundry room. Beyond its proximity to the Pacific Ocean, this address provides effortless access to an array of amenities. Residents will appreciate the short distance to California State University, Long Beach (CSULB), as well as the eclectic mix of restaurants, boutiques, and entertainment found along the renowned 4th Street corridor. Embrace the quintessential Long Beach lifestyle in this exceptional income-generating property. Easy show and sell.
Great income at 8% cap rate! Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market
The Azzi Group at Marcus & Millichap is pleased to present the exclusive offering of a 7-Eleven located at 1960 Santa Fe Avenue in Long Beach, California. This high-performing retail asset is secured by an absolute NNN lease with a franchisee guarantee, requiring no landlord responsibilities7-Eleven is fully responsible for taxes, insurance, and all maintenance. The property occupies a prominent signalized hard corner with excellent visibility and strong traffic exposure along Santa Fe Avenue. Located in a dense urban corridor, the site benefits from a proven operating history and is surrounded by national and regional tenants, residential housing, and local schools. With over 300,000 residents within a five-mile radius, the area drives steady foot traffic and supports long-term retail performance. This offering provides stable, long-term income with 5.5 years remaining on the base lease term and two five-year renewal options. Effective January 2026, the annual rent will increase to $106,800, further enhancing cash flow and yield. Combining passive income, strong demographics, and a prime Long Beach location, this investment offers secure returns and long-term upside in one of Southern California's most supply-constrained markets.
WHAT A PHENOMENAL OPPORTUNITY TO BECOME THE OWNER OF THESE 4 UNITS IN THE CITY OF LONG BEACH. PROPERTY HAS A LOT OF POTENTIAL. 1) UNIT IS 3 BEDROOM, 1 BATH. 2) UNIT IS 2 BEDROOM, 1 BATH, 3) IS 1 BEDROOM, 1 BATH. 4) UNIT IS 1 BEDROOM 1 BATH. ALL UNITS ARE RENTED PROPERTY IS BEING SOLD WITH TENANTS IN. THIS PROPERTY JUST NEED A LITTLE BIT OF TLC ON THE EXTERIOR. THE INTERIOR OF THE PROPERTY IS IN GOOD CONDITION. PROPERTY IS CLOSE TO PUBLIC TRANSPORTATION AND EASY FREEWAY ACCESS.
Occupying a corner lot on the sand, the property currently operates as a duplex containing a three-bedroom plus loft lower unit and a two-bedroom plus den upper unit, though a new owner may elect to combine the units to create one large single-family mansion. With Long Beach hosting several events in the 2028 Summer Olympics, in addition to the upcoming 2026 World Cup and 2027 Super Bowl in the area, demand for luxury short-term rentals may provide a dramatic increase in income for a new investor. The building was masterfully upgraded from 2021 to 2024, with nearly all major systems updated and replaced, including a brand new roof, newly replastered exterior, a largely new electrical system, a new beachfront balcony, new windows, several new plumbing lines, and a new pneumatic elevator. Even more impressively, the property's interior has been carefully reimagined with designer upgrades that add impressive flourishes to its international motif. Artemide lighting, a SMEG gas range, and custom-made hoods were all imported from Italy to adorn the living spaces that feature snow-white marble fireplace surrounds, a Toto electric water closet, a built-in Thermador refrigerator, and a floor-to- ceiling wine cooler. Built-in microwave drawers were designed into the kitchen cabinetry, with the lower unit housing a 22-foot kitchen countertop and the upper unit featuring a 15-foot kitchen island and vegetable sink. The exterior entertaining space includes an 18 by 13 foot outdoor porcelain kitchen with granite countertops that overlooks the ocean, along with a new outdoor shower featuring an original custom painted surfboard. An exquisite entry lobby leads residents to either of the two units and also provides access to the new see-through elevator, featuring a two-story glass wall with more ocean views. The property also includes a built-out two-car garage, offering rare parking for residents in this beach enclave. PLEASE CALL, TEXT, OR EMAIL LISTING AGENTS TO REQUEST A FULL MARKETING PACKAGE FEATURING MORE INFORMATION AND PHOTOGRAPHS.
Prime North Wrigley Location. 4-Units Duplex + 2 ADU (2023) 5.90% CAP 11.86 GRM $298K/PPU. Ideal for DSCR, Non-QM, and 1031 Exchange Buyers. 3 of 4 units Renovated - Turnkey. Low CapEx. Two 2023-Built ADUs - Fully Permitted, Turnkey Income Units. One 2BR in Original Condition - Simple Value-Add Opportunity. Excellent for Short, Mid, and Long Term Rentals. Located in the northern section of Long Beach’s sought-after Wrigley neighborhood, 3029 Pacific Ave is a turn-key 4-unit income property offering immediate cash flow, updated interiors, and long-term upside potential. Set on a wide, tree-lined street just north of Willow, this location sits within one of Wrigley’s more desirable pockets—known for larger lots, higher owner occupancy, and proximity to Bixby Knolls, Virginia Country Club, and the 405 Freeway. The property’s proximity to Pacific Hospital of Long Beach, Memorial Medical Center, and multiple transit options—including the Metro A Line (Wardlow & Willow stations) and Bus Line 182—enhances its appeal to renters seeking convenience, access, and connectivity. The unit mix includes two spacious 2 bed / 1 bath units and two newer 1 bed / 1 bath ADUs, completed in 2023 as permitted garage conversions. The unit mix is perfect for long-term market rent or short-term and mid-term rental strategies. The downstairs 2BR unit was fully renovated in 2023 with modern finishes and in-unit laundry, while the upstairs 2BR remains in original condition, presenting an easy value-add opportunity. A coin-operated laundromat just two doors down adds extra convenience for tenants. With uncovered parking, separate meters, and LBR2N zoning, this is a well-located, low-maintenance asset in a high-demand rental submarket—with the hard work already done.
High-density development opportunity situated on a 7,444 square-foot lot in a centrally located in the rapidly growing downtown Long Beach market. The property consists of one 1-bedroom, 1-bath units, along with one studio unit. On-site parking is abundant, including four single-car garages and multiple uncovered spaces, providing convenience for residents and guests. The site is zoned PD-30, supporting a wide range of residential development possibilities. The zoning and location make this a compelling option for those seeking to expand or redevelop in a rapidly evolving area.
CASH FLOW! Turnkey 7 unit asset featuring Four (4), 3-Bedroom / 1-Bath units (1,093 square feet each), 3-Bedroom / 1 Bath Detached House, (1) 1 Bedroom/1 Bath and (1) Studio. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (7) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.
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.
This well maintained mixed use building features two highly visible, street facing commercial units on the ground floor-ideal for attracting foot traffic and business exposure. Above, you'll find eight thoughtfully designed residential units, including two spacious 2-bedroom apartments and six comfortable 1- bedroom units, offering strong rental income potential. Convenient ally access leads to four private garage spaces, providing valuable off-street parking. Recent upgrades include brand new electrical panels installed in 2025, refreshed aesthetics in the laundry room, and certified stairs and balconies for safety and compliance. the roof was completely replaced, enhancing both structural integrity and energy efficiency. Additional improvements, including selective stucco repairs, further elevate the property's appeal and long-term value.
1035 Orange Avenue is a 6-unit stabilized multifamily property in City of Long Beach featuring a strong unit mix of 5 two-bedroom, one-bath units and 1 three-bedroom, one-bath cottage-style unit. It boasts a Walkscore of 90, the property is located in an excellent rental location. Key highlights include partial copper plumbing, 50% renovated units, on-site parking, two cottage-style units, new windows in select units, recently painted exterior, roofs in good condition, upgraded electrical panels, and additional income from laundry and pets. Tenants enjoy local boutique shopping, dining, and restaurants.
Two Residential Income Buildings! Both 5220 and 5334 Lime Ave, each with separate parcial, will be sold together. Consisting of a total of 11 one bedroom and one bathroom units, with three (3) one care garages and 11 parking spaces and Laundry room with coin washer and dryer. This is a very well maintained property! Newer exterior paint and new roof (3 +/- years old). Property is centrally located near schools, shopping and easy freeway access. All current tenant are long-term tenants.
Huge Price Reduction! Bring All Offers -Welcome to The Louis - Priced at an in-place 6.03% cap rate, the Louis iis a full renovated 12 unit apartment complex located in the heart of Long Beach, CA. This well-maintained property is comprised of (2) spacious 2-bedroom/1-bath units and (10) 1-bedroom/1-bath units, all of which were extensively remodeled with permits in 2019. Interiors feature modern finishes, and the units remain in excellent condition. That same year, the exterior received a full facelift, including new paint and a refreshed façade, enhancing the building’s curb appeal. Seller replaced the 100 gallon water heater in 2025. The property benefits from a stable tenant base, with approximately 10% rental upside remaining—offering investors immediate cash flow and future growth potential. Additionally, there are (6) on-site garages that present a compelling value-add opportunity: potential conversion into (3) ADUs (Accessory Dwelling Units), subject to Buyer verification. The Louis offers a rare blend of updated construction, long-term tenancy, and upside in one of Long Beach’s most active rental markets.
Nestled in the highly desirable East Long Beach area, this charming 8-unit apartment building offers a fantastic investment opportunity. Built in 1956, the property combines mid-century charm with modern convenience. With 7 well-maintained one-bedroom, one-bathroom units and 1 spacious two-bedroom, one-bathroom unit, this property caters to a variety of tenants' needs. Each unit is separately metered for gas and electricity, providing ease of management and cost control. Tenants enjoy the convenience of on-site parking, with 5 single-car garage spaces and 4 open parking spaces available. The property's landscaping is designed for low maintenance, reducing operational costs while maintaining an attractive curb appeal. This thoughtful landscaping choice appeals to potential tenants while also easing the landlord's responsibilities. One of the key selling points of this investment is the potential for increased rental income. Long Beach's rental market has shown consistent growth, and this property offers an opportunity to capitalize on that trend. The unit mix provides versatility, attracting a wide range of tenants, and the separately metered utilities allow for fair billing practices. Location is paramount in real estate, and this property excels in that regard. Situated in East Long Beach, it benefits from proximity to schools, parks, shopping, and dining. Easy access to major transportation routes further enhances its appeal. Investors looking for a promising multi-family property with enduring upside potential will find this 8-unit apartment building in Long Beach to be an attractive addition to their portfolio. Whether you're seeking a stable income stream or a long-term investment with room for growth, this property is worth considering. Don't miss out on this opportunity to own a piece of East Long Beach real estate history.
We are pleased to present a 16-unit multifamily property located on the Peninsula in Long Beach, CA 90803. Built in 1923 & 1948, the subject property consists of 6,748 rentable square feet spread throughout a 7,119 square foot lot. The building consists of six 1-bedroom / 1 bathroom units, one 1-bedroom / 1-bathroom loft unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities. Two Contiguous Parcels on Three Lots Operating as One Property (11 Units and 4+1 Units), Providing Flexible Entry and Exit Strategies.
Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, and the benefit of 100% occupancy—all in one of Southern California’s most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: • One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. • One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. • Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently operating at full occupancy, 1403 Lemon Ave delivers an impressive 8.76% cap rate—a rare find in today’s Southern California market. With below-market rents in place and room for value-add improvements, there’s still significant upside potential for rental increases over time, particularly as the Long Beach rental market continues to strengthen. For investors seeking a stabilized asset with future growth potential, this property offers both: strong existing cash flow and long-term opportunity for rent optimization and appreciation. Parking & Storage: Valuable Add-Ons The property includes four garages and two uncovered driveway parking spaces, a premium amenity in this densely populated urban neighborhood. These spaces could potentially generate additional income if rented separately or bundled with leases—another layer of return on your investment. Garages may also appeal to owner-users, short-term rental hosts, or tenants needing extra storage. Prime Location Near Downtown Long Beach
Nestled in the vibrant heart of Downtown Long Beach’s historic Willmore District, 433 W 9th Street presents a rare opportunity to acquire a classic four-unit building with exceptional upside. Each of the four spacious units offers a well-designed 4-bedroom, 1-bathroom layout, averaging approximately 1,254 sq. ft. (buyer to verify), providing generous living spaces ideal for families, shared housing, or long-term tenants. Built in 1923, this two-story property showcases timeless early 20th-century architecture, with large interiors filled with natural light and original details that speak to its heritage. The building has been under long-term ownership and is well maintained, yet offers significant value-add potential through strategic updates and rental repositioning. Current rents are well below market, presenting a clear path for increased income for the savvy investor. The property includes two on-site garages plus two additional tandem parking spaces, offering four total off-street spots—an added convenience in this bustling urban location. With close proximity to public transit, freeways, shopping, dining, and the rapidly growing Downtown Long Beach core, the location supports strong tenant demand and long-term appreciation. Whether you’re looking to expand your multifamily portfolio, complete a 1031 exchange, or secure a high-potential income property in a coastal growth market, 433 W 9th Street is a standout opportunity not to be missed.
Newly remodeled Front home and New construction ADU! Great Westside neighborhood within walking distance to Elementary, Middle and High School! Super cute 2 bedroom one bath home with fenced front yard. New construction 2024 Back house 2 bedroom 2 bathroom, walk in closets, Stackable washer and dryer, AC, gated driveway and spacious front patio.
**Price Improvement November 2025! ** Presenting a rare opportunity to acquire a well-maintained 17-unit multifamily property currently operating at a 7.14% CAP Rate and a 9.50 GRM! This two-story asset features a favorable unit mix of (4) one-bedroom/one-bath units and (13) two-bedroom/one-bath units, catering to strong rental demand in the area. On-site Parking. 28 Total Parking, 10 in front and 9 tandem in rear Located in a quiet residential neighborhood near Signal Hill, the property offers tenants easy access to schools, parks, shopping centers, and major freeways (405, 710, and 605). With upside in rents and continued demand for quality multifamily housing in Long Beach, this property presents an excellent opportunity for investors seeking long-term growth and cash flow.
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.