Courtesy: Vic Steele, Broker
Courtesy: Palazzo Realty Inc.
Just reduced! Large 5 unit building with (3) 3-Bed Units, (1) Large 2-Bed Unit, and (1) 1-bed unit in the excellent neighborhood of South Wrigley. The building is conveniently located less than a mile from the 710 Freeway, less than 2 miles from the 405, and just 2 miles North of the beach. Attractive residential tree-lined street. The property is priced to sell at 10.86 GRM and a current cap rate of 5.66%. There is approximately 7% upside in income to a market cap rate of 6.3%. It has fresh exterior paint and the electrical system was just updated in September of 2024. There is also a detached garage building off of the back alley that has 4 spots in 3 separate garages. Perfect ADU opportunity.
PRICE JUST REDUCED!! This 10-Unit Apartment Building is a Great Investment for an Investor. Located in the South Wrigley Area with a Market Cap Rate of 6.2%. The Property has been Well-Maintained, with a Great Upside Potential on the Future Rental Income!! This Property Offers (3) 2 Bedrooms -1 Bathroom, (6) 1 Bedrooms - 1 Bathroom and (1) Bonus Room/Studio -1 Bathroom. Four of the Units have been Recently Remodeled, and the Exterior was Recently Painted. The Property also has (4) Single Car Garages that can be a Great Opportunity to convert into ADU'S for Additional Income, and it has (4) Parking Spaces for Extra Income. The Owner just recently Installed a Newer Roof. All Units are Separately Metered for Gas and Electric. This 10-Unit Apartment Building is Located in a High Demand Rental Area!! This Apartment Building in Conveniently Located Close to Shopping, Restaurants, Entertainment, Metro Link, Long Beach Airport Downtown LB, Civic Center, Long Beach Aquarium, Downtown Village, CSULB and Queen Mary Island.
Charming Duplex in Long Beach, CA Perfect Investment Opportunity!Welcome to 3733 California Ave, a delightful duplex nestled in the heart of Long Beach, CA. This property offers an exceptional opportunity for investors or homeowners looking to live in one unit while renting out the other.Property Details:The front unit features two spacious bedrooms and a well-appointed bathroom, making it ideal for families or roommates. With ample natural light and a cozy layout, this unit is both inviting and functional. The back unit is a charming single, perfect for guests, extended family, or as an additional rental space.Area Highlights:Located in a vibrant neighborhood, this duplex is just moments away from the beautiful beaches of Long Beach. Enjoy the nearby parks, local dining, and shopping options, which enhance the area's appeal. The community is known for its friendly atmosphere and accessibility to public transportation, making it easy to explore all that Long Beach has to offer.Why Long Beach?Long Beach is renowned for its stunning waterfront, cultural attractions, and diverse community. Residents enjoy easy access to outdoor activities, arts and entertainment, and a rich history that adds to the charm of the area. Whether you're looking for a thriving rental market or a place to call home, this duplex provides the best of both worlds.Don't miss this fantastic opportunity to own a piece of Long Beach real estate! Schedule a viewing today and imagine the possibilities this property has to offer.
Courtesy: Coldwell Banker Realty
Courtesy: Buckingham Investments, Inc
Courtesy: Buckingham Investments, Inc
This meticulously upgraded nine-unit property, located just north of Willow Avenue, combines modern sophistication with exceptional quality. Each unit features premium finishes, contemporary fixtures, and carefully considered updates, ensuring a hassle-free ownership experience with no deferred maintenance concerns. Nestled in the desirable Wrigley neighborhood, this property is a testament to superior craftsmanship and thoughtful design. From luxurious flooring to refined, modern interiors, every detail exudes quality and style, making it a standout investment opportunity in a prime Long Beach location. With strong financial performance and room for growth, the property offers exciting potential for future returns. Opportunities include increasing current rents or exploring the addition of Accessory Dwelling Units (ADUs), providing investors with the chance to enhance value over time. This is more than an investment — it's a gateway to modern luxury and lasting potential in one of the city's most coveted residential areas.
Wonderful opportunity to own a beautiful Spanish style 4-plex in the heart of Wrigley. Four 2 bedroom 1 bath units with 4 garages and each unit offers 1300 sf of living space and individual laundry hook ups. The building has many recent upgrades including new Milgard double-paned windows installed in 2008, updated electrical and exterior LED lights, newer rear fencing. NEW TPO 40 year roof was installed in 2017 and the landscaping was just refreshed this month. Wall heaters in upstairs units and floor furnaces in downstairs units. Beautiful tree lined street in historic Wrigley and great location near shopping, freeways, and parks.
Courtesy: Lyon Stahl Investment Real Estate, Inc.
Courtesy: Matthews Real Estate Investment Services
URBAN PERFECTION in East Village Arts District! This light and bright second-floor Mid Century Modern one-bedroom OYO with one car garage is move in ready in downtown Long Beach. Walk to everything with a walk score of 97, this unit offers ample natural light and is move in ready, making it an ideal choice for first-time homebuyers or investors. Kitchen comes with electric cooktop and oven, new farm sink and refrigerator. Laminate floor in living room, carpet in bedroom with very large closet, upgraded bathroom. Very easy to rent. This home is 3 blocks from Pine Avenue and all of its wonderful restaurants and nightlife and close to everything in downtown Long Beach. Close to the Long Beach Convention Center and Shoreline village. Leave your car at home and get out and explore the neighborhood. This location is a Walker’s Paradise so daily errands do not require a car. 640 Elm Avenue is a three minute walk from the Metro A Line (Blue) at the 5th Street Station stop. This location is in the Saint Mary neighborhood in Long Beach. Nearby parks include Harvey Milk Park, K-9 Corner Dog Park and Lincoln Park.
7-Units apartment building with great income potential. Property consists of (1) studio, (4) 2 bedrooms/1bath and (2) 3 bedrooms/1bath. The property has been updated. Each bedroom can be legally rented. Owners have participated in the LA County Pilot Program and people on Social Security Disability insurance are also allowed to rent by the room as well. The largest unit with 3 bedrooms / 1bath is vacant and an additional 5 rooms can be rented. Great location with close proximity to Metro Blue Line and other bus routes. Minutes to the beach, shops and restaurants. Please click on Docs to view the Floor Plan.
Courtesy: 4 Equestrian Property
Welcome to 4180 Del Mar Avenue, where architectural brilliance meets modern convenience in the heart of Long Beach. This exceptional duplex, designed by the renowned architect Clifton Jones Jr. with influences from Edward Killingsworth and Calvin Straub, is the largest model within the coveted Cerritos Circle tract. Each of the two units offers the feel of a single-family home, featuring over 1,300 square feet of thoughtfully designed living space. Upon entering each unit, you are greeted by dramatic floor-to-ceiling windows that flood the dining area with natural light, creating a seamless connection to the private backyard. The spacious living room provides a serene setting for relaxation and entertainment. The kitchen, exuding mid-century charm, boasts ample cabinetry and a large breakfast bar that serves as an inviting space for casual dining.Each unit includes two en suite bedrooms and two and a half bathrooms, ensuring privacy and comfort for all occupants. The spiral staircase adds an elegant touch, leading to the upper level where the bedrooms are thoughtfully placed. Practicality meets style with a direct-access oversized two-car garage and additional driveway parking. The spacious private backyard is perfect for alfresco dining and entertaining, offering a private oasis to enjoy the Southern California climate. This property presents a unique opportunity to live in one unit while collecting income from the other, making it an ideal investment. Located in the distinguished Los Cerritos/Virginia Country Club neighborhood, this property is surrounded by historic homes, close to parks, convenient access to major freeways, Metro station, and the cultural hubs of Los Angeles and Orange County. Experience the perfect blend of mid-century architecture and modern amenities. This is more than just a home; it's a lifestyle.
Great opportunity to own a fourplex in North Long Beach! Each unit has one bedroom, one bathroom, a spacious living room, and a good-sized kitchen, along with a large lot and a detached car garage. One unit has been recently remodeled, boasting modern updates. This property is conveniently located near Adams Elementary School, freeways, stores, and parks. A must-see!!
Courtesy: Excellence RE Real Estate
Courtesy: Engel & Volkers LA South Bay
Discover the exceptional potential of 807 Belmont Ave, a premier multi-family property nestled in the coveted Belmont Heights district of Long Beach. This charming two-story Spanish-style building offers a total of 9 units, with incredible opportunities for expansion and increased revenue. The property comes with “Ready to Issue” (RTI) plans for two ADU units and the conversion of ?ve enclosed garages into additional 1- and 2-bedroom units, allowing you to maximize the income potential from day one. Situated on a spacious 7,790 SF corner lot, this property features 7,597 SF of rentable space, providing ample room for tenants to enjoy. The serene fenced courtyard, complemented by minimal water vegetation and ample shade, offers a tranquil retreat for residents, perfect for soaking in the refreshing ocean breeze. The well-maintained units boast a blend of original charm and modern upgrades, including resurfaced hardwood ?oors, fresh two-tone paint, ceiling fans, and new bathrooms. While some units retain their original kitchens and bathrooms, they present an excellent opportunity for further value enhancement, enabling you to achieve market rents through strategic renovations. A standout feature of this property is the ?ve enclosed garages, offering secure and convenient parking—a highly sought-after amenity in this area. The current owner has already submitted plans to convert these garages into two additional ADU units, with approved designs for a 2-bedroom/1-bath and a 1-bedroom/1-bath, ready for construction upon closing. Recent improvements, including a new composite shingle roof, fresh paint, and new ?ooring in select units, demonstrate the meticulous care invested in maintaining this property in pristine condition. The potential to convert the non-conforming manager’s unit further adds to the versatility and value of this exceptional investment. Seize this rare opportunity to acquire a highly desirable property with signi?cant upside potential in one of Long Beach’s most sought-after neighborhoods. 807 Belmont Ave is not just a property; it's a gateway to elevated returns and a thriving community.
FIRST TIME ON THE MARKET IN 22 YEARS!!! PRIME 8 UNIT 1980'S CONSTRUCTION WITH GROUND FLOOR COVERED PARKING FOR 16 CARS. ALL 2 BEDROOM/1BATH UNITS. ONSITE LAUNDRY ROOM MACHINES OWNED FOR SELLER NOT LEASED AND BRINGS IN ADDITIONAL INCOME. 5.1 CAP and 13.3 X GROSS. LONG TERM PRIDE OF OWNERSHIP. MAJORITY OF UNITS REMODELED. CLOSE TO CSULB AND 4TH STREET SHOPPING!
Located in the desirable Wrigley area of Long Beach, 1880 Cedar Ave. is a well-maintained 10 unit garden style apartment building comprised of (3) 2bd/1bth units, (6) 1bd/1bth units, (1) studio, and 7 single car garages. Originally built in 1954, and consisting of 7,358 rentable square feet on a large 7,957 square foot lot. The property is separately metered for gas and electricity, and features gated entry, vinyl pane windows, and community laundry. Priced attractively at $230,000 per unit, and $312.58 per SF, 5.55% CAP RATE on current rents, with room to increase rents. Realistic MARKET CAP RATE of 6.83%. An attractive opportunity for a new owner! The property is in an excellent location in the South Wrigley neighborhood of Long Beach. Residents enjoy convenient access to everyday needs at Wrigley Market, an Albertsons anchored retail center located blocks from the property. Additionally, 1880 Cedar is just over 1.75 miles from the abundance of retail, dining, and entertainment options in Downtown Long Beach. It also benefits from its optimal location near Willow Street, Pacific Coast Highway, and 405 and 710 freeways, providing residents easy access to employment hubs throughout Southern California. The overall demand for well-located and maintained apartment building will be a key driver in the continued growth and success at 1880 Cedar Ave.
Located in the desirable Wrigley area of Long Beach, 1960 Cedar Ave. is a well-maintained 11 unit garden style apartment building comprised of (2) 3bd/1bth units, (6) 2bd/1bth units, (2) 1bd/1bth units, (1) studio, and 5 single car garages. Originally built in 1944, and consisting of 7,088 rentable square feet on a large 8,129 square foot lot. The property is separately metered for gas and electricity, and features gated entry, vinyl pane windows, and community laundry. Priced attractively at $236,365 per unit, and $366.82 per SF, 5.61% CAP RATE on current rents, with room to increase rents. Realistic MARKET CAP RATE of 7.10%. An attractive opportunity for a new owner! The property is in an excellent location in the South Wrigley neighborhood of Long Beach. Residents enjoy convenient access to everyday needs at Wrigley Market, an Albertsons anchored retail center located blocks from the property. Additionally, 1880 Cedar is just over 1.75 miles from the abundance of retail, dining, and entertainment options in Downtown Long Beach. It also benefits from its optimal location near Willow Street, Pacific Coast Highway, and 405 and 710 freeways, providing residents easy access to employment hubs throughout Southern California. The overall demand for well-located and maintained apartment building will be a key driver in the continued growth and success at 1960 Cedar Ave. Can be purchased with the 10 units listed at 1880 Cedar Ave.!
Courtesy: CB RICHARD ELLIS
This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing, new tank-less water heater, central heat, LED lighting, ceiling fans, new 50- year presidential roof, new carpet, built-in's, coffered ceilings, wains-coating, double hung windows, period door, large enclosed front porch, large kitchen with service porch, inside laundry, & basement. The front house also has a very large stand up attic that could be converted to additional living space. The back units are above 4 extra large garages. Each unit is a 1 bed 1 bath. Each of the back units have a large outside deck, a storage/laundry room & are in excellent condition. The back-building features low maintenance stucco, newer windows & upgraded electrical . The property has lots of off street parking and features 4 garages and parking for 2 cars behind the garages off the alley. These garages could also easily be converted to 2 ADU units to bring in additional income. The front unit can either be owner occupied or rented. The units are situated well on a large lot with lots of usable open space and yard area. Mature landscaping that is well maintained and there is a sprinkler system on the property. Don't miss this opportunity to purchase a historic home in Belmont Heights.
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.
