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.!
Escape to the sun-soaked district of Alamitos Beach to revel this Spanish Style three-bedroom, two-bathroom Single Family Residence. Nestled within blocks of the Beach in the heart of Long Beach, California, this abode not only offers a pet-friendly policy but also a generous floor space of approximately 950 square feet. This home radiates charm, thanks to its hardwood flooring, contemporary lighting fixtures, and oversized windows that flood the entire living space with natural light. A well-defined seating area further enhances the spacious layout, making it perfect for entertaining.The list of attractive amenities extends to a modern kitchen boasting a garbage disposal unit for your convenience and an in-unit washer and dryer. Rest easy knowing you have solar energy with a back up battery system, taking the hassle out of bill managing and providing you with electricity during power grid outages. Location wise, this property screams convenience. You'll find yourself within a stone's throw of the Beach, Parks, Resturants, Hospital and medical providers, several esteemed schools, and the lush Bixby and Bluff Coastal Parks. As an added bonus, the home comes with an attached garage parking spot. Don't miss out on this gem of a find in Long Beach. Call now to schedule a viewing!
We are pleased to present 1825 Chestnut Ave, a 12-unit multifamily in Long Beach, CA. The property is located just off the corner of Chestnut Ave and Pacific Coast Hwy, just 2-miles away from the Port of Long Beach and Long Beach’s Shoreline Village. The property consists of eight, 1-Bedroom/1-Bathroom and four, 2-Bedroom/1-Bathroom units. The building offers over 8,500 SF of rentable living space with on-site parking via uncovered spaces and several garages. The property benefits from it’s location by being within close proximity to several frequently travelled destinations like the Port of Long Beach, Shoreline Village, Long Beach Poly High School, Long Beach Medical Center, Costco, Home Depot, Northgate Market, and more.
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.
You need to see this penthouse suite in person to truly understand all the breathtaking views offered at 100 Atlantic Ave Penthouse 2. This property offers breathtaking and pristine wrap-around views of: Downtown LA, Hollywood Sign, Mount Baldy, Mountain views, Huntington Beach, Newport Beach, Alamitos Beach, Ocean views, Catalina Island, Sunsets, LA basin 4th of July Firework displays, Downtown Long Beach, and Palos Verdes. It is the best-priced penthouse in Long Beach, where you can watch both the sunrise and sunset. Pictures do not do the views justice; you must come and see the unobstructed vistas in person to truly appreciate the unparalleled beauty and value of this penthouse suite in Long Beach. Nestled in the heart of the East Village Arts District, the Royal Palms stands as a prominent example of mid-century architecture in Long Beach. Located at 100 Atlantic Avenue, Penthouse 2 is a stunning 1,690 square foot condo that epitomizes modern luxury and charm. This exquisite Penthouse boasts two spacious bedrooms and two elegantly designed bathrooms, offering ample space and comfort for its residents. The highlight of this residence is its breathtaking 360-degree panoramic views, allowing you to marvel at the vibrant downtown Long Beach skyline and the serene ocean horizon. The wrap-around balcony serves as a perfect vantage point to witness both the mesmerizing sunrise and the tranquil sunset, creating an ever-changing canvas of natural beauty. With its contemporary design and charming ambiance, this Penthouse is not just a home, but a lifestyle experience that promises to captivate and inspire. Built in 1957 and designed by renowned architects Francis O. Merchant and Richard Shelley, the Royal Palms also offers common amenities such as a luxury pool, conference room, on-site security, and controlled access, ensuring a blend of comfort, convenience, and elegance.
Absolutely beautiful 3/1 bath home located in a quiet neighborhood! super clean and well kept. This home is ready move in. This home has 3 years old roofing replaced plywood and upgraded 200 amps breaker box, Porcelain flooring in living room, kitchen, vinyl flooring in all the 3 bedroom and Hall-way, quartz kitchen countertop with porcelain back slash and built- in dinning island with quartz counter top. Long driveway with Iron gate that can fit 6 cars. There are so many upgraded list. Must see
We are pleased to present a 7 unit apartment building located at 1036 Chestnut Avenue in Long Beach, California. This is a value-add opportunity in a great location of Willmore in Long Beach. The subject property is close to St Mary Medical Center, 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 3,770 rentable square feet spread throughout a 7,478 square foot lot. Units 1-6 was built in 1960 and unit A was built in 1949. All units are 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 parking spaces in the rear 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.
We are pleased to present a 10 unit apartment building located at 525 Linden Avenue in Long Beach, California. This is a value-add opportunity in a great location of East Village in Long 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 6,868 rentable square feet spread throughout a 7,536 square foot lot. It was built in 1973 and consists of 8 one bedroom / one bathroom units and 2 two bedroom / two 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 8 garages 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.
This condo has the ideal configuration for 'sharing' and might be a great opportunity for parents looking for a return on their 'student housing' investment after graduation as a rental in a desirable rental area of Long Beach. This is a top floor unit and has full sized In-unit laundry hook-ups, an Open floor plan and is in a smaller, quiet building of only 10 units. The interior of this unit is awash with lots of natural light and a peek-a-boo view of the ocean. This is a single level 2/2 condo with no interior elevation changes and all hard tile flooring throughout. The building is a stone’s throw away from human & dog parks, shopping, the beach, restaurants, yoga on the bluff & happy hour! Park your car in the secure parking structure in your 2 deeded side-by-side spaces w/ addl' storage and put your walking shoes on! If you have a dog or cat and they enjoy frequent walks or a trips to the dog (cat) park, this building & neighborhood will deliver that too! The third floor location can only be accessed via the stairs but the views off the bedroom balcony will make the effort worth it. The open floor plan keeps the design of the space flexible for conversation & relaxing; cozy up in front of the gas, stone clad fireplace with a book, your sweetheart and/or glass of wine. The kitchen is anchored with white cabinetry over ample labradorite inspired granite counters and glass subway tile backsplash. The stainless steel appliances with a five-burner gas range are just what the chef ordered. The under sink water filtration system will make lugging bottles of water and endless plastic bottles in the landfill a thing of the past. If cooking is not your thing, the over range microwave will make heating and re-heating food a snap. The layout of this unit with the 9ft vaulted ceilings makes its modest size feel much larger and spacious. If having a soak in the tub is your idea of heaven, you’ll find it; or if getting in & getting out is more your style, the newly updated walk-in shower with heavy gauge glass enclosure and chrome hardware is in the primary suite. A new quartz topped vanity & recessed open face medicine shelf adds ‘European’ sophistication to the unit. Blinds on the dual pane, vinyl windows keep the interior private and insulated. A private balcony is accessible from both bedrooms, has a view of the tree tops and on a clear day the ocean. There is also a semi-finished attic with a skylight that passively illuminates this huge storage space.
PROPERTY IS BEING SOLD BASED ON ESTIMATED LAND VALUE ONLY. PROPERTY IS A 2ND GENERATION RESTAURANT. PROPERTY HAS AN EXISTING GREASE TRAP, HOOD, GASLINE, AND WALK IN COOLER. PROPERTY HAS PLENTY OF PARKING ON SITE. PROPERTY IS IN NEED OF SOME REPAIRS AND UPGRADES. PROPERTY WOULD ALSO MAKE A GREAT GROUND UP DEVELOPMENT OPPORTUNITY. ARCHITECTUAL PLANS ARE AVAILABLE FOR CONCEPTUAL FAST FOOD LOCATION. THIS CORNER LOT PROPERTY IS PERFECT FOR ADDITION OF A DRIVE THRU.
This well-maintained 4-unit property is a prime investment opportunity, located just minutes from the beach in the vibrant city of Long Beach, CA. Less than a 10-minute drive to the shoreline, this property offers convenience, great rental income, and modern living. All units are currently occupied and generating strong rental income at market rates, making it an ideal investment with immediate cash flow potential. The property has been well cared for, with all units in excellent condition. The detached 3 bed, 2 bath unit comes with its own private yard, perfect for added privacy and outdoor enjoyment. Tenants will also appreciate the ample parking, with a total of 6 parking spaces available. The lot also has additional space to put storage units which can be rented out to tenants for additional monthly income. Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a desirable location, this multi-unit gem checks all the boxes. Don't miss out on this rare opportunity!
PRICE IMPROVEMENT! Don't miss out on this spacious 2-bedroom, 1-bath Condo in downtown Long Beach! It is located in a secured complex with a beautiful courtyard. THIS IS A GROUND-FLOOR UNIT! Nice size kitchen and dining area and spacious bedrooms. Lots of closet and cabinet space. In addition, this condo offers the convenience of onsite laundry facilities for your ease and convenience. This is a quiet complex. Nearby to the beach, Pine Street Shopping Area, major freeways, bus and light rail stops and downtown nightlife. With its prime location, this condo promises an unforgettable coastal living experience. NOTE: this ground floor unit does not have a garage or assigned parking; street parking only.
219 W. 9th Street is an eight-unit apartment community located near Downtown Long Beach, operating at a 6.18% cap rate and 11.42 GRM . The property is comprised of three buildings on a 7,500 square foot lot.The property consists of five units constructed in 1983 and three original units built in 1929. 219 W. 9th Street has a varied unit mix of: two Junior 1BD/1BA, three 1BD/1BA, one 2BD/2BA, and two 3BD/1BA. Six of these units have been upgraded with high-end finishes, including in-unit washer/dryers, new cabinets, countertops, and dishwashers.The property completed several capital upgrades, including a new roof on the front building, partially updated electrical and plumbing systems, and new windows were installed in the renovated units.The asset boasts a total of 13 parking spaces, seven (7) garages and six (6) surface spaces. The garages may potentially be converted to ADUs for additional income.
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.