Long Beach CA Multi-Family Real Estate, Homes for Sale

PW26198726 MLS ⋅ Active Status

Peninsula Duplex—completely remodeled and just steps from the bay and ocean! This exceptional coastal property features two one-bedroom, one-bath units, with the upper unit currently configured as a two-bedroom. Both residences offer beautifully remodeled kitchens with custom cabinetry and stainless steel appliances, updated bathrooms, hardwood flooring, and fresh exterior paint. Additional amenities include a one-car garage with shared laundry, an outdoor shower, and convenient storage for bicycles and paddleboards. Ideally located for enjoying the very best of Peninsula beach living, this versatile property is perfect as an investment, owner-occupied residence, or coastal retreat.

5577 E Ocean, Long Beach

$539,000

IG26198162 MLS ⋅ Active Status

Welcome to 358 E. 53rd St., Long Beach, a two-unit property offering flexibility for both owner-occupants and investors. Live in one unit while renting the other, or utilize both units as income-producing properties. Each unit features 1 bedroom and 1 bath. Conveniently located in North Long Beach, this property offers easy access to surrounding areas and is close to schools, restaurants, parks, shopping, and freeway access. Whether you're looking to generate rental income or add a property to your investment portfolio, don't miss this opportunity!

358 E 53rd Street, Long Beach

$3,200,000

SB26197731 MLS ⋅ Active Status

We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside through modest rent growth and potential garage-area ADUs. At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well- renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalization and potential future ADU development. The property offers investors a true ease-of-management opportunity. Current ownership extensively renovated the building with the intention of holding it for the long term, completing comprehensive upgrades while preserving its original 1930s Spanish-style character. The rehabilitation was executed with that character in mind, including restoration of original oak flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized quality, durability and longevity. With the renovated units leased at market rents, a new owner benefits from immediate stabilized income without the execution risk, downtime or capital requirements typically associated with a value-add renovation program. Importantly, the pro forma rents can be achieved through annual rent increases alone, with no further capital expenditure required. 1211 Magnolia Avenue is situated in Long Beach’s Willmore neighborhood, just minutes from Downtown Long Beach, its waterfront amenities and the 710 Freeway.

1211 Magnolia Avenue, Long Beach

$949,000

3 Beds ⋅ 2 Baths ⋅ SB26197530 MLS ⋅ Active Status

NEWLY REMODELED & INCREDIBLE INVESTMENT OPPORTUNITY! Located in a great Westside neighborhood and within walking distance to elementary, middle, and high schools, this extensively upgraded property offers an exciting opportunity to become a landlord, live in one unit while renting the others, or add a versatile income property to your investment portfolio. Originally a single-family home, the property is being transformed into a three-unit residence. The original unit has been completely remodeled from top to bottom and features 1 bedroom, 1 bathroom, and approximately 888 square feet of beautifully updated living space with a brand-new interior. The second unit is new construction, featuring 2 bedrooms, 1 bathroom, and approximately 700 square feet (buyer to verify; permit pending). The unit features a fresh, modern interior with all-new finishes. The third unit is a planned garage conversion into an approximately 450-square-foot ADU (buyer to verify; permit pending). The ADU will feature a brand-new, fully upgraded interior, with the exciting opportunity for the buyer to select certain finishes and personalize the space. Situated on a large 5,000+ square-foot lot, the property offers a long driveway, covered carport, ample street parking, and convenient alley access behind the property for additional parking and access. A grassy front yard provides a welcoming outdoor area for relaxing and enjoying the Southern California lifestyle. With three potential living spaces, extensive upgrades, new construction, a desirable Westside location, and convenient access to local schools, this property offers tremendous flexibility. Live in one and rent the others, create a multigenerational living setup, or take advantage of the property's investment potential

2470 Webster, Long Beach

$2,250,000

AR26188327 MLS ⋅ Active Status

Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1987, this exceptionally updated, well-maintained, turn-key, three-story walk-up building offers approximately 7,000 rentable square feet featuring a strong unit mix of seven 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units. Select 2-bedroom residences enjoy private balconies and patios. Tenants benefit from a quiet, well-managed environment with gated intercom entry, security doors, and secured gated parking. Units are separately metered for gas and electricity. Convient location—just one block north of 10th Street and east of Walnut Avenue—close to shopping, dining, and transit. Fully occupied with stable, quality tenants and current rents well below market rates, this property offers an outstanding turn-key asset with immediate upside and massive cash flow growth potential!

1025 Gaviota Avenue, Long Beach

$2,590,000

PW26197030 MLS ⋅ Active Status

Located in one of the most coveted, supply constrained submarkets in SoCal, 1720 Petaluma Ave is situated in East Long Beach, just 0.5mi from CSULB's campus. The property is a new construction, purpose built student housing opportunity consisting of two spacious, detached units on an oversized lot. Grossing $182,580 annually, 1720 Petaluma's units consist of a front house 7 bedroom/7 bath open floorplan unit, and a rear home 4 bedroom/4 bath unit with expansive 15ft ceilings and ample natural light. Both units benefit from high end appliances, luxury finishes, and ensuite, private bathrooms. Each unit has dedicated laundry machines, private patios, and a large back yard with a lounge area and spa for tenants' enjoyment. Given the lack of available CSULB student housing, these high-end, new construction units have had consistent, overwhelming rental demand. Additionally, each lease comes with parental co-signer guarantees, and tenants pay 100% of utilities. 1720 Petaluma is priced attractively at a 5% cap rate with another 13% in NOI upside. This opportunity provides access to a strong and steady renter base, a unique hedge against CA rent control, strong rental upside, and long term appreciation in an A+ location.

1720 Petaluma Ave, Long Beach

$888,000

SB26196998 MLS ⋅ Active Status

We are pleased to present 1071 N Almond Ct, a five-unit apartment building and multi-layered value-add opportunity in a strong Long Beach infill location. The building is 3,221 SF, sits on a 4,257 SF lot, and benefits from a strong unit mix of (3) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. At $177,600/unit and $275.69/SF — both well below comp averages — the offering represents an attractive entry basis in a tightly held submarket. At a 3.5% CAP rate and 15.8 GRM on current in-place rents, this offering carries roughly 125% in rent upside, which would impute a 10.1% Market CAP and 7.0 Market GRM on stabilized market rents. Four units are occupied at rents well below market; the rear unit will be delivered vacant and requires full renovation. Further, the building benefits from efficient lot coverage, with a detached rear garage presenting a potential ADU conversion candidate and a second garage ADU opportunity once the rear building is renovated (buyer to verify). In addition, the property scores 93 on Walk Score and sits roughly three miles from the Port of Long Beach, which supports an estimated one in five jobs citywide. Demand is further supported by Anduril's $1 billion Douglas Park campus and its roughly 5,500 projected jobs. Full build-out of highest and best use is modeled at a 16.1% unlevered IRR over a 7-year hold. See OM for details. Offered as-is, where-is; buyer to verify zoning, rebuild rights, and ADU eligibility with the City of Long Beach.

1071 N Almond Court, Long Beach

$1,595,000

SB26196309 MLS ⋅ Active Status

Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.

3622 E 11th, Long Beach

$1,850,000

PW26196305 MLS ⋅ Active Status

This offering presents an excellent turnkey acquisition opportunity: converted from a creative office building into an apartments in 2020, this building is not subject to rent control. 944 Pacific Avenue features four one-bed/one-bath units, one two-bed/one-bath, and one two-bed/two-bath unit. Unit interiors boast modern finishes, in-unit laundry, and mini splits to support rental demand. The units are separately metered for all utilities; with tenants paying their own gas, electric, and water, owner expenses are minimized. The building also offers controlled access, a landscaped courtyard with patios, and a large parking lot with an E/V charger. The building’s electrical and plumbing were updated during the building use conversion. The property is located in Downtown Long Beach, offering easy access to major employers, retail, and attractions. This transit-friendly location is also just three blocks from the Metro E Line and proximate to the 710 Freeway.

944 Pacific, Long Beach

$1,465,000

PW26195658 MLS ⋅ Active Status

Located in the highly sought-after Los Cerritos area of Long Beach, this exceptional property features two well-maintained homes on a spacious lot with beautifully landscaped grounds. The front house offers approximately 2,000 square feet of living space with 3 bedrooms and 2.5 bathrooms. It includes a freshly painted interior and new flooring, an oversized attached two-car garage, and a large driveway providing ample parking. The separate rear unit is approximately 1,260 square feet and features 3 bedrooms and 2 bathrooms, along with a private rooftop deck perfect for relaxing or entertaining. This unit also includes a detached two-car garage, which offers excellent potential to be converted into an additional ADU. All of this sits on a generous 9,163-square-foot flat lot, offering flexibility, privacy, and investment potential. A truly unique property and a must-see.

3622 Pacific, Long Beach

$1,595,000

PW26195086 MLS ⋅ Active Status

Great Downtown location blocks away from shopping, restaurants and so much more. Classic building with great unit mix (1) 2 bedroom unit (4) 1 bedroom units and (1) studio unit along with (2) garages. Laundry room leased for additional income. Potential ADU with its own bath as well as potential ADU conversion of garages. Nice backyard. Even without ADU's there is a substantial upside in rents. Security camera. Cap rate of 6

419 Cedar, Long Beach

$1,200,000

RS26193414 MLS ⋅ Active Status

Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.

2421 Magnolia, Long Beach

$1,800,000

PW26193985 MLS ⋅ Active Under Contract Status

Masterfully Reimagined Investment Opportunity on an oversized lot with 3 units constructed in 2025 and 3 renovated units originally built in 1956. This exceptional multifamily property has been extensively transformed creating a great income for the new owner. This premier six unit asset has undergone an extensive renovation with premium-quality finishes throughout, offering the ideal balance of classic character and contemporary luxury. The three newly constructed units have been thoughtfully modernized for today’s lifestyle - complete with mini-split climate control systems, upgraded electrical, and entirely new plumbing throughout the property. Further enhancing the property’s value and versatility are approved plans for 1 additional unit. Each ADU has been carefully crafted with privacy, functionality, and style in mind, offering private in unit laundry, thoughtfully designed floor plans, and refined interiors that maximize both comfort and efficiency. Additionally, the property features a driveway for two vehicles and a large area for other parking. Located in a quiet residential neighborhood close to highways.

2037 W Lincoln, Long Beach

$1,450,000

PW26193792 MLS ⋅ Active Status

1071 Olive Avenue is a well-maintained six-unit apartment building near Downtown Long Beach. The property offers a desirable unit mix consisting entirely of 2bed/1bath units, all updated within the past five years. Several units feature in-unit laundry and ductless mini split air conditioning. One unit is currently vacant, providing an immediate opportunity to lease at market rent. The property includes four driveway parking spaces, a freestanding one-car garage and an unused laundry room with additional income potential.

1071 Olive, Long Beach

$999,000

PW26192707 MLS ⋅ Active Status

Positioned along a high-visibility stretch of Long Beach Boulevard between Bixby Knolls and California Heights, 3937 Long Beach Boulevard presents a versatile mixed-use investment opportunity with three separate units and multiple income and occupancy possibilities. The property consists of three units: a spacious upstairs 2-bedroom, 2-bath residential unit, a ground-level 1-bedroom, 1-bath unit with two separate front entrances, and a ground-level 1-bedroom, 1-bath unit with a private side entrance. Units A and B are currently occupied by long-term residential tenants, providing immediate rental income, while Unit C will be delivered vacant, offering the new owner flexibility for future use. The property's Community Commercial Auto-Oriented (LBCCA) zoning provides a range of potential commercial and residential opportunities, subject to City approval and verification. The vacant ground-floor Unit C offers an especially compelling opportunity for an owner-user, professional office, creative studio, personal-service business, or other permitted use, while also retaining the option to use the space as a residential rental. Located directly on Long Beach Boulevard, the property benefits from excellent visibility and convenient access to major transportation corridors, including the 405 and 710 freeways, as well as Long Beach Airport. Its location places it within close proximity to the established businesses, restaurants, and community amenities of Bixby Knolls and California Heights. For an investor, owner-user, or entrepreneur seeking a property with existing residential income, flexible unit configuration, commercial exposure, and future upside, 3937 Long Beach Boulevard offers a rare opportunity in one of Long Beach's established commercial corridors.

3937 Long Beach, Long Beach

$1,725,000

PW26191529 MLS ⋅ Active Status

Wonderful opportunity to own a corner-lot duplex in the heart of Belmont Shore. Built in the 1920's & located on the most fabulous tree-lined street, just 2 blocks from the beach! Classic Spanish charm that consists of two spacious 2- bedroom, 1-bath units each approximately 1000+ square feet. Throughout the home, you'll find the classic architectural details that make this beach house special ; arched doorways, darling tile, textured stucco, built-ins, nooks, and beautiful exposed wood beamed ceilings. The interiors retain their charm but also provide modern day upgrades like remodeled baths, central heat and air, tankless water heaters and laundry rooms with new appliances. The upstairs unit provides a wonderful outdoor deck, perfect for a summer night grill and chill. Property has 2 separate single garages. Great income potential for owner occupant or add to your coastal lifestyle portfolio. Location, Location, moments away from restaurants, shopping and everything Belmont Shore has to offer. Truly a must see!!

141 Glendora Avenue, Long Beach

$1,649,000

SB26192471 MLS ⋅ Active Status

Well-located 4-unit income property in the Greenbelt Heights pocket of Long Beach's Recreation Park neighborhood, just north of Belmont Heights. All four units are large 2-bed/1-bath floor plans with in-unit laundry, an individual water heater, and separate gas and electric meters. Two units are fully renovated with new kitchens, baths, flooring, appliances, and laundry hookups; the other two are occupied by long-term residents. Unit D includes a private, 600+ SF fenced sun deck. Seven total parking spaces: 3 single-car garages with tandem driveway parking, plus 1 open space. Currently producing $115,260 in annual rent. Ideal owner-user play – live in one unit and let the other three help cover the mortgage (FHA/conventional financing may apply on 4 units or fewer – verify with lender). Minutes to Recreation Park, Colorado Lagoon, Marine Stadium, Belmont Shore's 2nd Street, CSULB, and Wilson High School. Buyer to verify all information.

817 Mira Mar, Long Beach

$2,275,000

11 Beds ⋅ 9 Baths ⋅ 26880381 MLS ⋅ Active Status

North Long Beach income property with consistent demand, proximate to major Los Angeles employment hubs and local transit. 6626 Orizaba ($1,175,000) to be sold w/ 6620 Orizaba Ave ($1,100,000) for a total of 9 units, across 2 continuous parcels, for a combined approx 10,800 SF lot and 4,213 SF building. Well-located complexes off the 91/710 freeways, ideal for developers (demolish to rebuild on the lots), owner-occupants, or investors. ***1ST PARCEL (6626 Orizaba): This 2-story complex, containing 4-units, all 2-1, was built in 1964, encompasses 2610 sq ft of building and a 5,339 sq ft lot. One of the occupied units has a uniquely large room that tenants use like a 3-1. Two of the units are vacant: easier to renovate to specific tastes. One unit needs a remodel; the other can be spruced up to personal preference. Both vacancies have recent window upgrades. All 4-units have recently been re-piped w/ more shut-offs. Up-to-date pest protection (completed in 2024) and a worry-free, drought-tolerant yard. Detached 2-car garage (currently used for storage due to orientation on the lot) offers prime ADU conversion potential; maximize yield by exploring a city parking waiver to optimize site layout. Alternatively, consider splitting the structure to create a dual-income stream by converting half into an ADU, monetizing the remainder as premium tenant storage. There is plenty of on-site parking. A coin washer/dryer is managed by Wash Laundry and paid out $993 last yr. Tenants pay their own electricity & gas. The 2 occupied units are paying $3,550 monthly & there is room to increase to market. Upon remodeling, the other two could generate $2,000-2,200+ each. *** 2ND PARCEL (6620 Orizaba): Single-story 5-units, built in 1950, encompasses 1603 sq ft. of building and a 5,254 sq ft lot. The building was added onto w/ permits. Healthy mix of 5 units: one is 1-1, one is a hybrid 1-1/S, and three efficient studio units (including two micro-studios) optimized for high-yield urban living. Plenty of on-site parking, & coin laundry income in the next building is shared w/ Wash Laundry. It has been re-piped; 2 units were electrically upgraded, the roof is newer, the lawn is drought-resistant (no watering needed), & it is master metered w/ utilities incorporated into rents. Rents range from $900-2,075 & current monthly rent total is $6,700, w/ room to increase some units to market-level rents. This dual-parcel package delivers solid in-place cash flow today with clear near-term upside through unit renovations, rent optimization, and longer-term redevelopment or ADU potential: a rare combination of immediate income and future scalability in North Long Beach. Drive-by only / Do not disturb tenants.

6626 Orizaba Avenue, Long Beach

$1,099,999

IG26192066 MLS ⋅ Active Status

POLY HIGH SCHOOL DISTRICT INCOME OPPORTUNITY! Rarely available, this recently remodeled property offers four separate dwellings designed to maximize income potential. The front duplex features updated 2-bedroom/1-bath units, complemented by two newly constructed 1-bedroom/1-bath ADUs, creating an exceptional multi-unit investment opportunity. Each residence offers its own private living space, while dedicated private parking adds significant convenience and value. Ideally located in Long Beach’s desirable Poly High School District, close to shopping, dining, schools, transportation, and major freeways. Whether you're looking to expand your investment portfolio, house multiple generations, or generate multiple rental streams, this property delivers flexibility, modern upgrades, and outstanding income potential.

1972 Olive, Long Beach

$1,200,000

CV26192056 MLS ⋅ Active Status

Beautifully Remodeled Duplex in Desirable Belmont Heights! Located in one of Long Beach’s most sought-after coastal areas, this beautifully remodeled duplex offers an exceptional opportunity for investors or owner-users. The property features two spacious 2-bedroom, 2-bathroom units, a two-car garage, and new landscaping that enhances the property’s curb appeal. Completely remodeled with permitted improvements, the property combines modern finishes with the charm of its established neighborhood. Enjoy the convenience of being just minutes from the beach, Belmont Shore, and vibrant 2nd Street, known for its popular restaurants, boutique shopping, and relaxed coastal lifestyle. A rare opportunity to own a turnkey multifamily property in a highly desirable Long Beach location.

648 Mira Mar, Long Beach

$1,630,000

PW26190928 MLS ⋅ Active Status

Exceptional value-add opportunity in the City of Long Beach! This SB 721 compliant 8-unit apartment building features a desirable unit mix of six 1BD/1BA and two 2BD/1BA units, offering investors immediate upside potential and long-term NOI growth. Four vacant units provide a new owner with immediate control to renovate and re-tenant at current market rents, while remaining tenants sit below market — creating additional upside through natural turnover. The property is well-positioned for continued rent growth in one of Long Beach's strongest rental corridors. Key highlights include a pitched roof, upgraded electrical, on-site laundry, and four dedicated parking spaces — a rare amenity in this submarket that drives leasing demand and tenant retention. Additional income is generated through parking and laundry facilities. The on-site garage presents a compelling ADU conversion opportunity (Buyer to verify with City), offering a clear path to increased density and long-term asset appreciation. Do not disturb tenants.

1136 Linden Avenue, Long Beach

$1,088,800

OC26190608 MLS ⋅ Active Status

**Excellent 4-Unit Income Property with Strong Upside Potential! ** Interiors are remodeled previously; low-maintenance, well-maintained building with great tenants and excellent potential for future rent growth. The property features a **spacious backyard offering potential for additional ADU development, including the possibility of a two-story configuration, subject to city approval and buyer verification**. Ample parking includes **3 Carport spaces plus a 1-car garage**. Conveniently located with easy access to major freeways, nearby strip malls, and within walking distance to the police station and YMCA. A great opportunity for investors looking for **stable rental income with additional future development and income potential**

5174 Linden, Long Beach

$1,850,000

PW26189345 MLS ⋅ Active Status

Introducing 406–420 E 7th Street and 652–654 Elm Avenue, Long Beach, CA 90813, a rare three-building, eight-unit mixed-use property located at the corner of 7th Street and Lime Avenue. The property consists of five residential units and three commercial units spread across three separate detached structures, providing a well-diversified income stream. The unit mix includes a detached 2-bedroom, 1-bathroom single-family bungalow at 420 E 7th Street, a mixed-use building at 412 E 7th Street containing three ground-floor retail units with two second-story apartments, and a two-story residential duplex at 652–654 Elm Avenue with one unit upstairs and one downstairs. The property is zoned LBPD-30 and offers excellent visibility with 150 feet of frontage along E 7th Street and 50 feet of depth along both Linden and Elm Avenues. Located on the border of the East Village Arts District, the property benefits from strong walkability and close proximity to downtown Long Beach restaurants, retail, nightlife, cultural attractions, public transportation, and major employment centers. The property is located within the LBPD-30 Downtown Planned Development Zone, which is intended to encourage higher-density, mixed-use redevelopment and provides flexibility for future development potential, subject to City of Long Beach approvals. Financial highlights include actual gross annual income of $201,576 and a Gross Rent Multiplier (GRM) of 10.05, with potential upside through rental growth and strategic management. Due to the mixed-use nature of the asset, the property will qualify for commercial financing, typically requiring approximately 30% down payment for qualified buyers. With multiple detached buildings, diversified income streams, redevelopment potential, and a prime corner location, this property represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation.

406 E 7th, Long Beach

$1,100,000

SB26183509 MLS ⋅ Active Status

Rarely does a mixed-use property offer this much flexibility, visibility, and income potential. Positioned along a highly visible stretch of Atlantic Avenue with 30,000+ vehicles passing by each day, this unique property combines three street-facing commercial spaces, residential living, and a recently completed garage-conversion ADU into one compelling opportunity. For the income-focused investor, multiple existing revenue streams create a strong foundation, with three commercial spaces plus residential income and additional upside as rents and occupancy are optimized over time. With several different income sources under one roof, this is the kind of asset that offers diversification, flexibility, and plenty of ways to enhance long-term value. The original three-bedroom, three-bath residence is currently being used as a two-bedroom, two-bath living area and a one-bedroom, one-bath living area, creating added versatility within the residential portion of the property. Behind it, the recently completed garage-conversion ADU offers approximately 1,200 square feet with two bedrooms plus an office/bonus room, two baths, laminate flooring, quartz countertops, wall-mounted air conditioning, and two parking spaces. Three separate exterior doors provide exceptional access and added flexibility in how the space can be occupied and enjoyed. Freshly finished and currently vacant, it offers an immediate opportunity for additional rental income or owner occupancy. That flexibility creates several compelling ways to make the property work. An investor can benefit from diversified commercial and residential income. An owner-occupant may choose to live on-site while the remaining income-producing portions help offset ownership costs. A business owner could occupy one of the retail spaces while benefiting from income generated elsewhere on the property. And for the live-work buyer, the ability to live and operate a business from the same property is especially hard to replicate. Add in the exposure of Atlantic Avenue, three commercial storefronts, multiple existing tenants, a freshly completed ADU, and the ability to combine business, residential, and investment uses in one location, and the opportunity becomes even more compelling. High visibility. Multiple income streams. Owner-user potential. Live-work flexibility. And more than one way to unlock the value. This is not a one-size-fits-all property. That is exactly what makes it so interesting.

1844 Atlantic Avenue, Long Beach

$1,099,000

OC26189226 MLS ⋅ Pending Status

Beautiful duplex. Owner's unit extensively upgraded, both upgraded.

3606 California, Long Beach

$3,850,000

26908925 MLS ⋅ Active Status

Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!

154 Elm Avenue, Long Beach

$725,000

PW26189365 MLS ⋅ Active Status

Welcome to 1047 E. New York Street a wonderful opportunity to own a home in Long Beach! This inviting property offers an excellent opportunity for buyers looking to make a home their own in a convenient Long Beach location. This property offers plenty of potential, live in one and rent the other 2 this home is ready for its next chapter. Whether you're a first-time homebuyer, looking for your next home, or searching for an investment opportunity, this property offers the flexibility and potential to suit a variety of needs. Enjoy the convenience of being near local shopping, dining, schools, parks, BEACH and major transportation routes, with everything Long Beach has to offer within easy reach.

1047 E New York, Long Beach

$1,019,000

PW26188720 MLS ⋅ Active Status

Welcome to this beautifully updated 1920s Craftsman, where classic character meets modern style and functionality. Thoughtfully remodeled while preserving its timeless Craftsman charm, this property offers two well-appointed units with matching layouts and a cohesive design throughout. Both units feature open-concept living spaces, beautifully updated kitchens, new flooring in a warm light-brown tone, and refreshed bathrooms with stylish tilework, modern vanities, and updated plumbing. The mirrored floor plans provide a uniform, polished feel and make this property an excellent opportunity for both owner-occupants and investors. With its combination of historic charm, modern upgrades, and long-term investment potential, this turnkey Craftsman is a property worth seeing.

4027 E 11th, Long Beach

$1,625,000

PW26188303 MLS ⋅ Active Status

Pride of Ownership Spanish Duplex – Two Homes in One, Fully Rebuilt from the Inside Out. Both to be delivered vacant. Rare opportunity in the heart of Long Beach’s East Village / Downtown beach community: This 3,284 sqft Duplex is comprised of two nearly identical ~1,600 sq ft residences (ground-floor + second-floor) that live and feel like two separate single-family homes. The previous owner completed a no-expense-spared full gut remodel for himself and his mother — new wiring, new electric panels, new roof, plumbing, and ducting throughout. Central A/C can be added easily to the existing central heat. Every surface was upgraded while preserving original Spanish character: arched picture windows, coved ceilings, pristine hardwood floors, custom cabinetry, recessed lighting, and a whole-house speaker system. Each unit currently offers 2 bedrooms + 2 baths plus a large formal dining room off the entry that converts easily to a third bedroom (creating two 3-bed/2-bath rentals). Layout consists of a primary suite with en-suite bath, second bedroom, hall bath, dining room (that can be your 3rd bedroom) oversized living room with built-ins, and eat-in kitchen with granite counters, island, stainless appliances, and abundant storage. The upstairs unit adds a fireplace, private balcony, and convenient third-floor laundry room (side-by-side washer/dryer + sink) with roof access — ideal for future rooftop entertaining or build-out. Separate utilities already in place: two 50-gallon water heaters, two gas meters, two water meters (second city-side service installed and ready to connect to the other unit or future ADU), and three electric meters (one dedicated to exterior lighting). Huge additional upside with ADU potential above the large 2-car garage in back. Off-street parking is a major plus: automatic security gate, long driveway for extra vehicles, 2-car garage plus additional space for motorcycles, EV 240v plug installed, toys, or workshop. Private backyard patio with exterior flood lighting and string lights for outdoor living. Live in one and rent the other, occupy both with extended family, or convert to high-demand 3-bed rentals. Just one block from the beach and a short walk to the energy of East Village, shops, restaurants, and the Downtown Long Beach waterfront. This is turn-key, like-new construction wrapped in authentic 1920s Spanish charm — ready for its next chapter as a primary residence, multi-generational compound, or strong income property.

1131 E 2nd, Long Beach

$725,000

3 Baths ⋅ 26862447 MLS ⋅ Active Status

An income-producing, recently remodeled triplex near the bustling downtown area and Long Beach Community College. Just five minutes from Alamitos Beach, this property offers easy access to the 710 and 405 freeways, making it highly desirable and easy to find tenants seeking both convenience and coastal living. Remodeled in 2021, the property features a newer roof, upgraded bathrooms, and fresh interior and exterior paint. Additional enhancements include new flooring in Unit B's main living area, energy-efficient split units in all three units, and improved downspout efficiency for better roofing performance. This triplex generates strong rental income, with all units currently on month-to-month leases. Unit A rents for $1,725, Unit B rents for $1,782 and Unit C is $1680 per month. Each unit is in excellent condition, and with reliable tenants in place, this turnkey investment offers immediate cash flow and minimal vacancy risk. With limited multi-unit properties available at this price point in Long Beach, this is a rare chance to own a well-maintained, income-generating asset in a high-demand rental market. Don't miss out on this exceptional investment!

1442 Alamitos Avenue, Long Beach

$995,000

DW26188067 MLS ⋅ Active Status

Priced to Sell!!! Own your business while collecting rental income. Mini market provides immediate cash flow, along with stable residential and retail income. Rare mixed-use investment opportunity in a high-traffic location in Long Beach. This well-maintained property features 2 residential units upstairs and 2 commercial storefronts, including an established mini market business that is also for sale. Three units are occupied. The mini market space offers immediate cash flow and may be continued as-is or repositioned to another retail or service use, subject to buyer verification and local regulations. The property offers rear parking, alley access, strong street visibility, and convenient access to schools, parks, and neighborhood amenities. A unique opportunity for investors or owner-users seeking a flexible mixed-use asset with multiple income streams and future upside.

2171 Santa Fe, Long Beach

$1,150,000

CV26186409 MLS ⋅ Active Status

Classic Spanish style, great character, and a smart income-property setup! This attractive four-unit property blends vintage Long Beach charm with several meaningful updates, including copper plumbing throughout with updated pressure lines, interior valves, and main water line, plus updated ABS waste lines serving all four units. Each unit offers a surprisingly spacious 1-bedroom floor plan with a separate den/dining area, giving tenants valuable extra space for a home office, dining room, or flexible living area. The rear unit gets an added bonus with its own private backyard. Practical features add to the appeal with all units separately metered for utilities, two garages, two additional off-street parking spaces, a dedicated laundry room with coin-operated machines, and automatic irrigation throughout the grounds. A sharp, character-filled fourplex with functional layouts, desirable tenant amenities, and plenty of long-term potential.

2472 Chestnut Avenue, Long Beach

$1,599,000

OC26187212 MLS ⋅ Active Status

Belmont Shore 4-Plex Investment Opportunity Perfectly positioned in the heart of Belmont Shore, this well-maintained 4-plex sits just a short walk from the ocean, the bay, and the vibrant shops and restaurants along 2nd Street. Set on a desirable CORNER lot, this property offers a rare combination of coastal lifestyle and reliable income potential. The building underwent a significant upgrade in 2000 and has been meticulously maintained ever since. Recent capital improvements include a new water heater and electrical panel (2 years old), and all balconies have been inspected and are up to code — giving buyers added peace of mind. The property features a spacious 2-bedroom, 1-bath unit with a large, open private patio, along with three occupied studio units, each offering a private bath, kitchen, thoughtfully designed floor plan, and cooling ocean breezes. Two single-car garages complete the property, with on-site laundry conveniently located in one of them. Kept in turnkey, well-maintained condition throughout and set on a prime corner location just steps from the beach, bay, and Belmont Shore's 2nd Street shopping and dining, this property truly has it all. Whether you're an investor seeking stable rental income, an owner-user looking to live steps from the sand, or someone who simply wants the best of coastal Long Beach living, 75 Glendora Ave delivers. Don't miss this beautiful Belmont Shore gem.

75 Glendora, Long Beach

$2,100,000

PW26186315 MLS ⋅ Active Status

1317 E. 1st Street presents a rare opportunity to acquire a fully renovated triplex in the heart of Alamitos Beach with a unique combination of residential quality, strong in-place income, exceptional parking and owner-occupancy potential. The property has undergone an extensive renovation program totaling ~$375,000, including the complete rebuild of all three residential units. The improvements have created modern, highly competitive residences while substantially reducing the deferred maintenance and near-term capital expenditure. Situated on an 8,263-square-foot lot, the property consists of three separate residences totaling 2,367 square feet: (1) spacious 1,300-square-foot 3BD/2BA main residence; (1) 650-square-foot 1BD/1BA unit; and (1) 417-square-foot studio. A significant competitive advantage is the property's eight off-street parking spaces, including five alley-access garages and three driveway spaces—an exceptional amenity in highly parking-impacted Alamitos Beach. In addition to enhancing tenant appeal and marketability, the five garages provide a meaningful ancillary income stream with additional upside potential. The combination of extensive parking and garage income differentiates the property from competing coastal rental properties while providing an additional source of revenue beyond residential rents. The property's full-sized 3BD/2BA main residence creates a compelling opportunity for an owner-occupant seeking the lifestyle and privacy of a traditional home while benefiting from supplemental rental income. Thoughtfully remodeled with owner occupancy in mind, the front residence offers 1,300 square feet of living space, generous common areas, and ample parking. A separate basement provides valuable additional storage. Meanwhile, the two additional residences and five private garages provide multiple income streams that can help offset mortgage and operating costs. This combination of residential comfort, privacy, parking and income potential is particularly difficult to replicate in a prime coastal neighborhood. Located in the heart of Alamitos Beach, the property benefits from immediate access to the beach and bike paths, Downtown Long Beach, and an extensive collection of neighborhood dining, retail and entertainment amenities. With a 94 Walk Score, the neighborhood offers the highly walkable, beach-oriented lifestyle that continues to drive renter demand and premium rents.

1317 E 1st, Long Beach

$2,600,000

PW26185730 MLS ⋅ Active Status

First time being sold in 36 years. Long term pride of owner. Located just one block from the sand in the heart of Belmont Heights. Separately metered for gas and electric. 5 private off street parking spaces in back. 3632 E. 1st Street presents a rare opportunity to acquire a trophy five unit apartment building in one of Long Beach's most sought after neighborhoods. Built in 1923, this pride of ownership asset spans approximately 4,771 square feet on a 5,793 Sq. Ft. lot and offers the perfect combination of timeless character, irreplaceable location, and long term investment potential. Positioned moments from Belmont Shore, Alamitos Bay, and the vibrant shops and restaurants along 2nd Street, residents enjoy an exceptional beach lifestyle with walkability to local dining, coffee shops, boutique shopping, and the scenic shoreline. Opportunities to own apartment buildings this close to the beach are exceptionally limited, making this an ideal addition to any investment portfolio or owner occupied user. Whether you're seeking stable income, future rental upside, or a legacy asset in an A+ coastal location, 3632 E. 1st Street checks every box.

3632 E 1st, Long Beach

$1,450,000

IG26186866 MLS ⋅ Active Status

Nestled within the highly desirable Historic California Heights neighborhood, this charming duplex combines spacious living, flexibility, and exceptional investment potential. This duplex offers a rare combination of versatility, comfortable living space, and investment potential. With two units residences, three garage spaces, individual laundry hookups, and generously sized interiors, the property is equally appealing as an income-producing investment or an opportunity to live in one unit while renting the other. The property includes a two-car detached garage serving the front residence and a separate one-car detached garage for the rear residence, providing valuable off-street parking and additional functionality. The rear residence at 3633 features two bedrooms and two bathrooms, complemented by a spacious living room and dedicated dining area. At the heart of the home is a large eat-in kitchen with tile countertops, pantry storage, and an adjacent laundry area with hookups. Both bedrooms feature walk-in closets and ceiling fans. The front residence also offers two bedrooms, each with a walk-in closet and ceiling fan, along with 1.5 bathrooms. Its comfortable floor plan includes a large living room, dining space, kitchen with tile countertops, and conveniently located laundry hookups just beyond the kitchen. Located in one of Long Beach’s most recognizable historic neighborhoods, this property offers the flexibility to generate rental income, accommodate extended family, or create an owner-occupied investment strategy while enjoying the charm and character of California Heights.

3633 Lime, Long Beach

$1,395,000

OC26185530 MLS ⋅ Active Status

The Wilton Courtyard is a 5-unit multifamily property located at 3245 E Wilton Street in Long Beach’s Eastside submarket. The property offers the potential to add three ADU units, providing an opportunity to expand the existing 5-unit property to 8 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange County.

3245 E Wilton, Long Beach

$1,100,000

PW26185398 MLS ⋅ Active Status

Long Beach Cash Cow!! Large 4 units with recent remodel to the interior and exterior of most units.

1634 W Parade, Long Beach

$2,795,000

OC26185350 MLS ⋅ Active Status

The Wilton Courtyard is a 10-unit multifamily property located at 3245–3301 E Wilton Street in Long Beach’s Eastside submarket. The property features approved plans for six additional ADU units, providing the potential to expand the existing 10-unit property to 16 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange Counties.

3245 -3301 E Wilton Street, Long Beach

$2,590,000

SB26183865 MLS ⋅ Active Status

On behalf of the ownership, we are pleased to exclusively offer this 8-unit multifamily asset totaling 5,676 square feet at 520 Ohio Avenue, Long Beach, CA. The property benefits from strong occupancy, a desirable unit mix, and a location that consistently attracts quality residents. Constructed in 1971 on a 6,754 sq ft lot, the property features a beautifully landscaped front exterior and a community laundry room. The unit mix consists of two 2bed 1.75bath units, two 2 bed 1 bath units, and four 1bed 1 bath units, all of which have been previously remodeled. The community also offers off-street parking for up to 15 vehicles, which is a rarity in the area. Not only does this benefit the residents who commute throughout Los Angeles & Orange County, ownership benefits from the additional income and potential upsides. 520 Ohio Avenue is positioned within one of Long Beach's most sought-after residential neighborhoods. The area is characterized by strong renter demand driven by it's proximity to Retro Row or the 4th Street Corridor - which offers diverse and unique dining and shopping options, a weekly Farmer's Market, and entertainment venues such as the historic Art Theatre. With its desirable location, strong occupancy, and meaningful upside potential, 520 Ohio Ave is a compelling investment for groups targeting multifamily assets with both current yield and value creation opportunities.

520 Ohio Avenue, Long Beach

$739,000

PW26184784 MLS ⋅ Active Status

Triplex. A rare opportunity to own a beautifully updated multi-unit property in one of Long Beach’s most desirable historic neighborhoods. Offering three separate units, the property features two spacious one-bedroom units plus a studio apartment, providing an excellent opportunity for investors or an owner-user looking to generate additional rental income. Each unit has been nicely updated while maintaining the character and charm of the property. The upstairs one-bedroom unit features its own private deck, creating a great outdoor space to relax and enjoy the Southern California lifestyle. The property also offers some outdoor space. Ideally located near Downtown Long Beach and the beach, residents can enjoy convenient access to restaurants, shopping, entertainment, and everything the city has to offer. Quick access to the 710 Freeway also makes commuting throughout Southern California convenient. Situated in a strong rental neighborhood with excellent long-term potential, this character-filled property combines location, versatility, outdoor space, and income opportunity—a compelling addition to any real estate portfolio.

451 W 10th, Long Beach

$2,445,000

PW26184409 MLS ⋅ Active Status

A Masterfully Reimagined Investment Opportunity: Step into one of Long Beach’s most desirable coastal neighborhoods. This exceptional multifamily estate has been extensively transformed, blending timeless architectural charm with sophisticated modern finishes to establish a new benchmark for turnkey investment excellence. A rare offering for the discerning investor, the property delivers both enduring value and elevated living. This premier six unit asset has undergone an extensive renovation with premium-quality finishes throughout, offering the ideal balance of classic character and contemporary luxury. The beautifully updated building has been thoughtfully modernized for today’s lifestyle, featuring all new gourmet kitchens, elegantly remodeled bathrooms, luxury vinyl plank flooring, mini-split climate control systems, upgraded electrical, and entirely new plumbing throughout the property. Further enhancing the estate’s value and versatility are two newly constructed accessory dwelling units (ADUs), seamlessly integrated into the property’s design. Each ADU has been carefully crafted with privacy, functionality, and style in mind, offering private in unit laundry, thoughtfully designed floor plans, and refined interiors that maximize both comfort and efficiency. Additionally, the property features three generously sized garages, providing secure parking and added convenience for tenants and owners alike. The level of craftsmanship and attention to detail is evident throughout the entire property, far too many upgrades and enhancements to fully capture here. Please inquire for a comprehensive list of improvements. Ideally located near the vibrant Belmont Shore Second Street corridor, residents enjoy immediate access to an incredible collection of boutique shopping, renowned restaurants, charming coffee shops, and an energetic coastal atmosphere, all within close proximity to the ocean and Long Beach’s scenic waterfront lifestyle.

625 Orizaba Unit 6, Long Beach

$1,675,000

RS26183158 MLS ⋅ Active Status

Rare Opportunity to Own an updated 4-Unit Investment Property Less Than a Mile from the Beach! Ideally situated between North Alamitos Beach and Rose Park South, this well-maintained and low-maintenance fourplex offers an exceptional opportunity for anyone looking to own income property. Located just minutes from Shoreline Village, with lots of dining options, entertainment, shopping, and all that coastal Long Beach has to offer. The property consists of three spacious 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. Each residence features its own private carport and dedicated laundry room with washer and dryer hookups, providing tenants with the convenience and privacy rarely found in comparable properties. Additional storage throughout the property further enhances its desirability. One of the most attractive features is the flexibility this property provides. Two of the units are expected to be delivered vacant at the close of escrow, allowing the new owner the opportunity to select their own tenants and establish current market rents from day one. Whether you're looking to maximize cash flow immediately or occupy one unit while leasing the others, this property offers tremendous upside. With its upgraded condition, low-maintenance design, excellent unit mix, and prime location between North Alamitos Beach and Rose Park South, this is a rare investment opportunity in one of Long Beach's most desirable coastal neighborhoods.

1805 E 6th, Long Beach

$2,045,000

OC26183126 MLS ⋅ Active Under Contract Status

1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.

1425 Cedar Avenue, Long Beach

$850,000

PW26181702 MLS ⋅ Pending Status

Opportunity knocks with this versatile Long Beach duplex offering multiple living and income-producing possibilities! Situated in an established residential neighborhood, this property features two separate homes plus a permitted studio conversion, making it an excellent opportunity for an owner-occupant, investor, or multi-generational household. Live in one and rent out the others, accommodate extended family, or explore the property's full rental potential. The front home features 3 bedrooms and 1.5 bathrooms, along with laundry hookups. The spacious kitchen offers an abundance of oak cabinetry and granite countertops, providing plenty of storage and workspace. Its former garage has been permitted and converted into an approximately 308 sq. ft. studio with a full bathroom, plus space to add a kitchenette area. The studio shares utilities with the front home and offers additional flexibility for extended family, in-law quarters, a home office, guest space, or potential rental use. The fully detached rear unit, with its own address at 6770 Myrtle Ave., features 1 bedroom and 1 bathroom, an attached 1-car garage, its own laundry hookups, and separate utility meters from the front home. The rear unit is currently tenant occupied and professionally managed, with financial information available. With multiple living spaces, separate structures, and a variety of ways to utilize the property, this Long Beach duplex offers flexibility, income potential, and plenty of upside for its next owner.

6771 California, Long Beach

$3,395,000

PW26176341 MLS ⋅ Active Status

Fully renovated 10-unit apartment community offering a turnkey investment opportunity at an attractive 7% cap rate. The property underwent a comprehensive, permitted renovation down to the studs, including a new roof, electrical, plumbing, HVAC, windows, individual water heaters, and modernized interiors throughout. The unit mix consists of (5) 1-bed/1-bath and (5) 2-bed/1-bath units, including three newly constructed ADUs. Separate gas and electric meters and individual water heaters help minimize operating expenses. The majority of the units are master leased to a single organization, providing consistent income, reduced vacancy exposure, and streamlined management. Conveniently located in North Long Beach with access to major employment centers, transportation, and surrounding coastal communities.

5529 Dairy, Long Beach

$1,395,000

SB26181225 MLS ⋅ Active Status

Ideal Owner-User Opportunity Near Downtown Long Beach 531 W 5th St is a 7-unit multifamily investment offering a rare combination of owner-user flexibility, in-place income, and upside through previously approved development plans. The property features a vacant 3-bedroom/1-bath front house with a full kitchen, dedicated dining area, Ring camera, and mini-split system, giving an owner-occupant the privacy and feel of a standalone home while collecting rental income from the remaining six units. At current rents, the property produces a 6.02% cap rate and 10.87 GRM. Previously approved plans are in place for a 3-bedroom/2-bath ADU, which brings the property to a 8.23% cap rate (including estimated construction costs) once built, a clear value-add path for an investor or owner-user looking to grow into the deal. The property also includes a vacant 5-car garage, which a buyer can lease for parking income or convert as part of the ADU plan. Located minutes from Downtown Long Beach, the property is close to the area's restaurants, bars, shopping, entertainment, waterfront, and major transportation corridors. Between the private 3-bedroom residence, six income-producing units, previously approved ADU plans, and a vacant 5-car garage, 531 W 5th St gives an owner-user or investor multiple ways to build equity in one property.

531 W 5th Street, Long Beach

$2,530,000

PW26180162 MLS ⋅ Active Status

1123 Cedar Avenue presents the opportunity to acquire a well-maintained 11-unit multifamily asset offering an attractive combination of immediate cash flow, operational stability, and long- term upside in Willmore City Historic District. Offered at a 6.55% current cap rate with additional rental upside, the property delivers compelling day-one returns while providing investors with multiple opportunities to further enhance income and overall asset value. Originally constructed in 1964, the property has benefited from extensive system upgrades that substantially reduce future capital expenditure requirements, including new plumbing, new electrical wiring and panels, individual tankless water heaters, upgraded wall furnaces, and a recently sealed roof. These improvements position the asset as a durable, low-maintenance investment with limited near-term deferred maintenance. The property's desirable unit mix of (6) spacious two-bedroom units and (5) one-bedroom units appeals to a broad renter demographic, while current rents remain below nearby market comparables, providing a clear path to future NOI growth through natural tenant turnover. Existing garage income, on-site laundry facilities, and (6) detached garages present potential ADU conversion opportunities, creating an additional long-term value creation strategy. Located just minutes from Downtown Long Beach and the 710 Freeway, the property benefits from exceptional commuter access and sits within a city experiencing significant public and private investment. Continued expansion in aerospace, logistics, healthcare, technology, and infrastructure—including billions of dollars of corporate investment, the growing "Space Beach" employment hub, and extensive preparations for the 2028 Olympic Games—continues to strengthen the city's long-term economic outlook and support sustained rental demand. For investors seeking stable cash flow with meaningful upside, limited capital expenditure risk, and multiple avenues for future appreciation, 1123 Cedar Avenue represents a compelling opportunity to acquire a quality multifamily asset in one of Long Beach's most dynamic rental markets.

1123 Cedar, Long Beach

$995,000

TR26178658 MLS ⋅ Pending Status

THREE VACANT UNITS – TURNKEY & READY FOR IMMEDIATE OCCUPANCY Attention investors, large families, owner-users and 1031 Exchange buyers! Start collecting market rents right away! This charming Craftsman 3-unit property combines classic character with modern amenities, with all three units delivered vacant, offering the opportunity to establish market rents, create a multi-generational living arrangement, or live in one and rent the others. Recently refreshed throughout with new kitchens, new windows, new flooring, fresh paint and remodeled bathrooms. The front unit features 2 bedrooms, 1 spacious bathroom, large living room, formal dining room, laundry room, A/C, ductless heat and a beautiful front porch perfect for relaxing. The Junior ADU/Studio offers a kitchen, bathroom, washer/dryer hookups, A/C and heat—ideal for extended family, guests or additional rental income. The rear unit features 2 bedrooms, 1 bathroom, a large living room and a versatile bonus room perfect for a home office, gym, nursery or flex space. Situated on a large gated lot, the property provides generous separation between units for added privacy and comfort. A detached garage with alley access adds convenience and additional possibilities. Located just few short blocks from Long Beach Polytechnic High School, Theodore Roosevelt Elementary and minutes from Downtown Long Beach, Aquarium of the Pacific, The Pike, Queen Mary, Shoreline Village, parks, public transportation, restaurants, coffee shops, breweries, shopping and entertainment. Three vacant turnkey units are all legal, a large gated lot and a prime Long Beach location make this a rare opportunity for investors, owner-users, large families and 1031 Exchange buyers! The lawn has been digitally enhanced to show the potential.

1567 Elm, Long Beach

$2,200,000

SB26180743 MLS ⋅ Active Status

Discover an exceptional investment opportunity in the heart of Long Beach’s vibrant East Village/Alamitos Beach corridor. Situated just minutes from the beach, Downtown Long Beach, major transit lines, and an array of local dining, shopping, and entertainment, 1056 E. 6th St. offers an ideal blend of convenience, accessibility, and tenant appeal. The property consists of eight (8) well-maintained 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. This practical and efficient unit mix caters to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. A standout feature is the property’s existing four-car garage, providing secure, private on-site parking—an increasingly valuable amenity in this neighborhood. Additional parking is available directly in front of the garages, creating the potential for up to eight (8) total on-site parking spaces, depending on vehicle size and configuration and applicable local ordinances. The garage area may also present a compelling ADU conversion opportunity, potentially allowing an investor to add residential units, increase rentable square footage, and enhance the property’s overall income potential. Buyers should independently verify parking configuration, ADU feasibility, unit count, permitting requirements, and development potential with the City of Long Beach and appropriate professionals. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach’s most desirable rental submarkets. With its strong existing unit mix, valuable on-site parking, and potential value-add opportunity through ADU development, the property is well positioned for investors seeking stability, long-term appreciation, and additional upside from a strategically located multifamily investment.

1056 E 6th Street, Long Beach

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