Large owners unit and duplex. One 3 bed, 2 bath unit and two 2 bed, 1 bath units with 5 garage spaces and laundry room. Very spacious and well maintained units. Each garage has a large storage space in the back. Great rental income. Perfect for owner occupant/ investor!!!
A Beautiful historical Victorian style fourplex in Long Beach downtown area. An Excellent income producing property consist of two (2 ) 1 bedroom + 1 Bath and one (1) 2 bedrooms+1 bath with an extra attic space and a Beautiful 3 bedrooms+ 2 bath space with 2 enclosed patio room . All units are remodeled in 2018. And New roofing was done back in 2020 through-out the property. This Property is situated on the corner of W. 9th St. and Chestnut Ave. in the heart of Long Beach downtown area 1.3 miles from the famous Aquarium of the Pacific and exactly one mile north of the Long Beach city Hall.
Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!
Great opportunity to own a mixed use property. Both residential units are occupied and not on leases. Commercial unit is vacant. Formally built out as dispensary. Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.
1323 Dawson Avenue is situated in Eastside Long Beach, a dynamic infill neighborhood with strong renter demand. The area features a mix of long-term residential ownership, smaller multifamily communities, and steady tenant turnover that supports consistent rental income. Residents enjoy walkable access to everyday conveniences, local restaurants, and schools, with nearby parks and public transit providing additional connectivity. Its central location offers quick access to Downtown Long Beach, Signal Hill, and major freeways, making it attractive to a wide renter base and positioning the neighborhood as a stable, long-term investment environment. From an investment perspective, 1323 Dawson Avenue delivers immediate and compelling returns. The property is offered at a 8.59% capitalization rate and 7.27 GRM on stabilized current rents, meaning the 3 vacant units are renovated and rented. With ten studios and two one-bedroom units, the property’s efficient unit mix caters to strong tenant demand in the submarket. Master-metered utilities present a clear opportunity to implement RUBS, enhancing NOI and boosting long-term value. Market rent, returns exceed a 9.40% capitalization rate and a 6.94 GRM, positioning this asset as a rare opportunity to secure double-digit cash-on-cash returns with additional upside.
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.
- 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.
There are 8 units total consist of 6 units building with 2 bedroom and 1 bathroom each built around 1990 per assessor and 2 houses in the rear 1 is 3 bedrooms and 1 bath house and a 1 bedroom and 1 bath house both older built.
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.
