Your clients will not be happy with you if they miss this OPPORTUNITY !!! Corner Lot Triplex (2 Buildings). Single-family one-story residence on the corner (possible owner's unit) and a two-story duplex behind one-story residence facing side street (Werner St.). Front one-story residence is a 2-bedroom/1-bath, Duplex is two 1-bedroom/1-bath units. There is a single garage and two driveways for off-street parking. Owner lives in front house and both 1-bedroom units in duplex are currently rented. This is a Drive by property only !!! Please do not bother tenants !!! Serious Investors only !!! Please submit offer subject to interior visual inspection !!!
Discover an outstanding investment opportunity with this renovated triplex, meticulously updated and permitted for years of worry-free maintenance. Live in one unit while renting the others, or lease all three for maximum return. The front unit boasts 1,115 sqft with 3 bedrooms and 1.5 baths, complete with central A/C and a private laundry area. The rear lower unit features 712 sqft with 2 bedrooms and 1 bath, while the spacious second-floor unit offers 1,434 sqft with 3 bedrooms and 2 baths, both equipped with new wall unit A/C. Shared laundry facilities serve the rear units, and extensive renovations include dual-pane windows, copper plumbing, stylish new flooring, modern bathrooms, updated kitchens with stainless steel appliances, new electrical fixtures, LED recessed lighting, and a four-car enclosed garage.
Prime 5-Unit Multifamily Investment Opportunity in Long Beach Introducing 826 Rose Ave, a fully renovated triplex in the heart of Long Beach, currently generating $6,185 per month in rental income. With an annual cash flow of $78,600, this property offers immediate returns with future growth potential through a fully approved expansion 2 unit ADU. FOR SALE: $1,850,000 – Owner’s Loss, Investor’s Gain: Due to funding requirements for another project, the owner must sell this valuable asset, creating a unique opportunity for investors. Additional Expansion Opportunity with 2 Fully Permitted ADU Plans: The property includes fully permitted, shovel-ready plans for two additional ADU units (each a 2-bed, 2-bath, 2-story design) at an additional cost to construct of $434,000, which will transform this triplex into a 5-unit multifamily property with a proforma annual cash flow of $140,000 upon completion and an estimated cap rate of 6.07%. Property Highlights: • Current Units: 3 fully renovated units $6,185 monthly rental income ($78,600 annually). • Future Expansion: Includes fully permitted plans for two new ADU units, adding 1,584 sq. ft. of living space. • Construction Company: After evaluating estimates from three qualified contractors, we selected the best fit based on quality and value. Each bid projected a similar build time of eight months. To ensure thorough vetting, we partnered with BuildZoom, who reviewed all proposals, helped reduce additional costs, and confirmed we hired the optimal contractor. BuildZoom also closely collaborated with the architect and design team to manage revisions and secure city approvals. • Construction Ready to begin with a 8 month build timeline and total build cost of $434,000. • Investment Potential: After completion, the property will offer 5 units, a projected ARV of $2.6M, proforma cash flow of $140,000 annually, and a cap rate of 6.07%. • Prime Location: Situated in a vibrant Long Beach neighborhood, with easy access to schools, parks, dining, and the beach. This is a rare opportunity to acquire a high-performing investment property with significant upside potential. Whether you're a seasoned investor or looking to expand your portfolio, 826 Rose Ave is a must-see!
Discover an exceptional duplex in the vibrant heart of Long Beach, CA—ideal for investors and those seeking a warm, inviting home with income potential! This property features two unique units, each with its own charm and ample possibilities. The first unit is a cozy studio with a full bathroom, perfect as a private sanctuary or a lucrative rental opportunity. The second unit is a spacious 3-bedroom, 2-bathroom haven with soaring vaulted ceilings that add an airy, open feel. The open-concept layout blends the living and kitchen areas beautifully, creating an ideal space for family gatherings or friendly get-togethers. Step out onto a generous deck off the main living area, where you can enjoy morning coffee, bask in the sun, or host evening gatherings under the stars. The convenience of an in-unit laundry room with a coined washer and dryer provides additional income potential, along with a utility sink for extra functionality. Situated minutes from downtown Long Beach, with easy access to the 710 and 405 freeways, this property perfectly combines comfort, convenience, and charm. Embrace the opportunity for rental income or settle into a delightful space to call home. Make 3112 Gale Ave. your next investment or your new cozy retreat!
Introducing an exceptional investment opportunity in Long Beach, CA. This impressive property boasts a 9,358 SF building with 10 well-appointed units offering a mix of 1, 2 & 3-bedroom layouts, appealing to a range of tenants. Built in 1963, the property features newer windows, electrical panels, and railings, enhancing its appeal to savvy investors. With a price of $245.24 and $229,500 per unit, this offering presents an attractive value proposition. Additionally, the property promises a lucrative added value opportunity, with a projected ±85% in rental upside, making it an enticing option for long-term ownership. The motivated sellers further enhance the appeal of this promising investment prospect.
Discover an exceptional investment opportunity with this multifamily property in the sought-after Long Beach area. Boasting a 5,406 SF building with 8 two-bedroom units, this charming property, built in 1943, offers a prime location and impressive potential for a low-rise/garden investor. The added value opportunity provides the investor with the ability to purchase a heavily discounted asset and achieve above market returns through capital improvements and increased rental income. With its desirable address and strong rental demand, this property presents a lucrative investment for those seeking to expand their portfolio in the thriving Long Beach market. Take advantage of this chance to own a piece of Long Beach's rich real estate landscape.
Pleased to present 1135 E. 3rd Street, an 11-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (10) studios (2 of which are exceptionally large), and (1) detached 3-bedroom/2-bathroom house, with its own garage. 1135 E. 3rd St. offers substantial upside potential by updating the units and bringing rents closer to market levels.
FIVE Unit Apartment Building. 4 of the tenants are section 8 and 1 regular.. Guaranteed rental cash-flow. 3 of the units are townhouse style 3bd 2ba each, constructed in 1980 and the other 2 units are apartment style, 2 bedroom 2 bathroom, constructed in 2023. All unit have washer/dryer. Drive by ONLY. Under no circumstance you should disturb tenants. Do not go on property. Each unit has separate gas and separate electric meter, additionally each unit has their own laundry area. The property has alley in the back. The parking is gated.
Pleased to present 833 E. 1st Street, a 10*-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach. Offered for sale for the first time in decades, the property is ideally located just a short walk from the beach, and mere minutes from both Downtown and Retro Row. It is comprised of (8) 1-bedroom/1-bathroom single story units in the front building, plus a huge 3-bedroom/2-bathroom in the back, above the studio and garages. 833 E. 1st St. offers substantial upside potential by updating the units and bringing rents closer to market levels. *The studio unit is non-conforming.
DOWNTOWN LONG BEACH GEM: RENOVATED TOWNHOUSE-STYLE DUPLEX. EACH UNIT HAS ITS OWN ADDRESS - 1039 E 10th street and 1041 E 10th Street, Long Beach Discover this exceptional 4 bed 2 bath two-story duplex in the heart of Long Beach, perfectly positioned for both homeowners and investors. Each unit is thoughtfully designed as 2 bedrooms and 1bath unit spans approximately 1,000 square feet across two levels, offering the perfect blend of comfort and functionality. UNIT LAYOUT: • First Floor: Open-concept living room and kitchen with dedicated laundry area • Second Floor: Two generously sized bedrooms with abundant closet space • Each unit features private washer/dryer connections • Separate gas and electric meters for efficient utility management LOCATION ADVANTAGES: • Moments from pristine beaches • Quick access to Downtown Long Beach's vibrant dining and shopping • Near major transportation hubs, including Long Beach Airport • Easy freeway access for commuters • Walking distance to Long Beach Convention Center and Belmont Shore This property presents an ideal opportunity for owner-occupants seeking rental income or investors looking to expand their portfolio. Situated in an area slated for growth under the Downtown Long Beach Update Plan, this duplex combines historic charm with modern amenities. Schedule your viewing today to experience this unique investment opportunity in Long Beach, CA. property will be delivered Vacant at Close of Escrow.
Upgraded 9 units in the prime and desirable area of Bluff Heights which boarders Bluff Park and Belmont Heights. This 8,966 sqft, two-story balcony style building offer a very attractive unit mix of: (2)- 3bd/1.75ba units with fireplaces, (1)- 3bd/1ba unit and (6)- 2bd/1bath units, on-site laundry room and 5 single car garages accessed off the alley. Nearly all of the units (8 of 9) have been upgraded with dual pane windows, the kitchens have newer cabinets, countertops, tile flooring and the bathrooms with vanities, tile in the shower & floors. Other upgrades in some units: crown molding, baseboards, 2 tone paint, upgraded interior doors, lighting, some electrical upgrades, professionally managed, spacious units, well cared for building, and more. It is located on a small and more private sub-street, Corto Place, which appears to have better off-street parking than the more busy street. Tenants will enjoy being just off East Broadway which offers many restaurants, coffee shops and shopping, plus it's near Belmont Shore, 4th Street and downtown giving them great access to restaurants, shopping, near the ocean and beaches, and close to many freeways, the Long Beach airport, CSLB, yacht clubs, and more.
Nine-unit apartment building located in the Wrigley area of Long Beach, on a quiet residential street near the major cross streets of Long Beach Boulevard & Willow Street. 266 E 25th is located in an area with upside potential, offering a mix of (2) 2 Bed/1 Bath units, (6) 1 Bed/1 bath units and (1) Single unit. Property features include 6 private garages, separate utility meters, a laundry room with 1 washer/1 dryer and a gated perimeter, all of which support tenant security and convenience. Residents enjoy convenient access to nearby shopping and access to the Pacific Coast Metro, the 405 and 710 freeways. A 10-15 min drive to downtown Long Beach, Cal State Long Beach and the Long Beach Airport. Long Beach's strong rental market provides a new owner with the opportunity to take advantage of the high demand in this area. With current rents below market rates, this 9-unit building is an attractive investment opportunity for those looking to capitalize on its upside potential.
Large Price Reduction! Great Investment Opportunity! Welcome to 260 Cerritos Ave. located in the heart of Alamitos Beach. The subject property consists of a 4 unit apartment building, comprised of 4 large 1bed/1bth units, approx. 830 SF each. New roof installed 2023. All the units are spacious, light, bright and airy, featuring lots of character, vintage built-ins, large closets and storage. All 4 units are separately metered for gas and electricity. Located in a great area of Long Beach, just minutes from Downtown Long Beach and a few blocks from the beach. Don't miss out on this great investment opportunity! Seller will consider Concessions with Offer!
7.22% Cap Rate! With Still An Opportunity To Grow. Add This High Performing Multi Family Property To Your Investment Portfolio. With (3) 1 Bedroom 1 Bath, (1) 2 Bedroom 1 Bath and (1) 2 Bedroom 2 Bath Units. Along With 5 Single Garages With Alley Access. Makes It Convenient For Tenants To Come And Go. Coin Operated Laundry. Many Upgrades Have Been Done To The Property With A Newer Roof, Upgraded Electrical Panel And Upgrades Inside The Units. The Property Also Has A Long Driveway For Additional Parking. Centrally Located To Metro Blue Line, 710 Freeway, Shopping, Restaurants And Much More. You're Not Going To Want To Miss Out On This Golden Opportunity.
Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $149,300 per Year!!! With a Current Cap Rate at 6.75, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!6
Value add mixed use property for sale in Long Beach along with separately parceled parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long terms owners and tenants with two retail units, 7 apartments units, and an excess of parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail units out front into ADU's as well as build additional housing in the separate parking lot in the rear of the property. Owner only pays water and property taxes, separately metered for gas and electric. 1757 Long Beach Blvd, Long Beach, CA 90813, falls within the Midtown Specific Plan (SP-1) zoning area. This zoning allows for a variety of mixed-use developments, focusing on pedestrian-friendly commercial and residential project. With 4 stories and a Floor Area Ratio (FAR) of 2.0 (assumed based on typical mixed-use zoning), the total buildable area is 17,482 square feet. This can be spread across four stories, giving you 4,370.5 square feet per story (17,482 sq ft / 4 stories). You can build structures that combine retail spaces, offices, or residential units, such as apartments or condominiums, in mid- to high-density formats. A new owner could build up to 32 units of 500 square feet each under an FAR of 2.0 in a height of 4 stories or you could fit around 20 units (5 units/story * 4 stories) if each unit is 800 square feet. The subject property is located just outside the $6 Billion of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.
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.