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$1,020,000
5 Beds 3 Baths 26861937 MLS Active Status
Rare opportunity to own a distinctive property that truly lives like two separate homes in the highly desirable North Wrigley neighborhood. Connected by only one shared wall, each residence enjoys its own private entrance, garage, dedicated laundry area, and individual outdoor living space, offering the comfort and independence rarely found in traditional duplex ownership. Whether you're seeking an owner-occupied income property or a quality investment, this exceptional offering combines flexibility, functionality, and long-term value.The front residence features 3 bedrooms and 2 bathrooms with updated interiors, recessed lighting throughout, luxury vinyl plank flooring, an inviting living and dining area, a spacious kitchen with abundant cabinetry, stainless steel appliances, a generous double-door pantry, and a private patio leading to the detached garage with its dedicated laundry area.The rear residence offers 2 bedrooms and 1 bathroom with updated flooring, a bright and functional kitchen featuring stainless steel appliances, its own private entrance, direct access from the private garage with its dedicated laundry area, convenient alley access, an additional gated front entrance with coded access, and a private outdoor living area.Thoughtfully maintained throughout, the property reflects years of pride of ownership with mature landscaping, welcoming curb appeal, copper plumbing, and a well-designed layout that provides the comfort and functionality of two independent residences on one lot. Ideally located near shopping, restaurants, parks, schools, and major freeways, this exceptional property offers a rare combination of comfortable owner-occupied living and long-term investment potential in one of Long Beach's most convenient neighborhoods.

3234 Locust Avenue, Long Beach

$1,350,000
OC26161764 MLS Active Status
4445 Atlantic Avenue is a 4-unit multifamily investment opportunity located in the highly desirable Bixby Knolls neighborhood of Long Beach. Constructed in 1946, the property sits on a 0.18-acre parcel and features approximately 3,256 net rentable square feet. The unit mix consists exclusively of 4 two-bed/one-bath units. Parking is provided through 4 garage spaces, creating a ratio of one garage space per unit. The parking is separately monetized, providing an additional revenue stream beyond the property’s residential rents. The property is positioned directly across Atlantic Avenue from Bixby Knolls Shopping Center, a major neighborhood retail destination anchored by Smart & Final Extra! and Marshalls, with numerous additional restaurants, retailers and service-oriented businesses. Residents are also within walking distance of ALDI and the year-round Uptown Bixby Knolls Certified Farmers Market, providing convenient access to groceries, prepared foods and other everyday necessities. Located just north of California Heights, Long Beach’s largest historic district, the property benefits from its position along the revitalized Atlantic Avenue commercial corridor. The surrounding area has developed into a popular dining and entertainment destination featuring local establishments such as Bixby Provisions, Dutch’s Brewhouse, Lola’s Mexican Cuisine, Sushi Nikkei and the longstanding Bake n Broil. The corridor is also home to the EXPO Arts Center and the monthly First Fridays Art Walk, which brings together local restaurants, retailers, artists and residents.

4445 Atlantic Avenue, Long Beach

$1,749,000
5 Beds 4 Baths PW26161582 MLS Active Status
This builder is a true visionary! Three Homes. Multiple Income Streams. Endless Possibilities. An ultra-rare East Long Beach opportunity offering exceptional flexibility for homeowners, investors, or multigenerational living. This unique property features a beautifully maintained and upgraded 3-bedroom, 2-bath main residence PLUS newly constructed and permitted 637 SF ADU AND 453 SF JADU, each offering one bedroom, one bathroom, private entrances, separate addresses, separate utility meters, A/C, and in-unit laundry. The main home has been updated throughout featuring newer kitchen with large center island, quartzite countertops, and Samsung appliances. In the main living area there is an open concept great room with expansive family room and living room with new flooring and expansive black metal sliding doors providing tons of natural light. The main home centers around the private backyard with patio spaces. Additional features include new double glazed, Low-E doors and windows, new finishes and fixtures, new ducting and HVAC, tankless water heater, and new OVE washlets. Whether you’re looking to offset your mortgage, accommodate extended family, or build long-term wealth through rental income, this property delivers endless possibilities. Premium local rental demand is fueled by its prime location near Cal State Long Beach, the VA Medical Center, El Dorado Park, shopping, dining, and major transportation corridors. Live comfortably in the main home while your investment works for you, or maximize the income potential by leasing all three living spaces. Opportunities like this are EXCEPTIONALLY RARE in East Long Beach!

1980 Vuelta Grande, Long Beach

$6,999,000
8 Beds 30 Baths 26860795 MLS Active Status
PRICED TO SELL - 9.3 GRM and 7.4% CAP at market rents. 30 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean with 16 onsite underground parking spaces (all are single spaces). 25 units were updated in the past 5 years and taken down to the studs - all new kitchen cabinets, counter tops, updated bathrooms, flooring and windows. 6 units have W/D's in them. The common areas and exterior were also redone. The Seller has spent over $2MM in CAP EX. The property features 30 legal units and 1 non-conforming 1 bed unit (401). The non-conforming unit can likely be legalized under the Long Beach Amnesty Program - Buyer to verify. The property has an 87 Walkscore. It has a 200 AMP main panel and 50 AMP subpanels - Buyer to verify. There is onsite laundry in the basement and 6 units have W/D in them as well. Based on area rental comps, there is approximately 14% rental upside, allowing an owner to achieve a 9.35 GRM and 7.4% CAP once rents are leveled to market. Excellent lender financing is available for qualified Buyers- 5.4% 5-year fixed debt. Earn over an 7.5% Cash on Cash Return against in place rents with upside to a 11%+ return at market. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games.

1152 E 1st Street, Long Beach

$2,049,000
2 Beds 12 Baths 26859339 MLS Active Status
PRICED TO SELL - 9.6 GRM AND 6.5% CAP. EARN OVER A 9% CASH ON CASH RETURN. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games. Excellent lender financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down.

1208 Daisy Avenue, Long Beach

$1,749,000
PW26153153 MLS Active Status
This builder is a true visionary! Three Homes. Multiple Income Streams. Endless Possibilities. An ultra-rare East Long Beach opportunity offering exceptional flexibility for homeowners, investors, or multigenerational living. This unique property features a beautifully maintained and upgraded 3-bedroom, 2-bath main residence PLUS newly constructed and permitted 637 SF ADU AND 453 SF JADU, each offering one bedroom, one bathroom, private entrances, separate addresses, separate utility meters, A/C, and in-unit laundry. The main home has been updated throughout featuring newer kitchen with large center island, quartzite countertops, and Samsung appliances. In the main living area there is an open concept great room with expansive family room and living room with new flooring and expansive black metal sliding doors providing tons of natural light. The main home centers around the private backyard with patio spaces. Additional features include new double glazed, Low-E doors and windows, new finishes and fixtures, new ducting and HVAC, tankless water heater, and new OVE washlets. Whether you’re looking to offset your mortgage, accommodate extended family, or build long-term wealth through rental income, this property delivers endless possibilities. Currently generating approximately $4,900 per month just from the two accessory units. Premium local rental demand is fueled by its prime location near Cal State Long Beach, the VA Medical Center, El Dorado Park, shopping, dining, and major transportation corridors. Live comfortably in the main home while your investment works for you, or maximize the income potential by leasing all three living spaces. Opportunities like this are EXCEPTIONALLY RARE in East Long Beach!

1980 Vuelta Grande, Long Beach

$990,000
PW26150815 MLS Active Under Contract Status
Classic Spanish Duplex in Long Beach's Highly Desirable Circle Area. Rich in timeless character and outstanding investment potential, this classic Spanish duplex offers the perfect blend of architectural charm and long-term value. The property features a spacious 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit, making it an ideal opportunity for both investors and owner-users. Inside, you'll find many original details that define classic Spanish design, including exposed wood beam ceilings, hardwood floors, graceful arched entryways, and an abundance of natural light throughout. Thoughtful capital improvements provide peace of mind, including a new roof (2025), upgraded electrical, updated sewer and drainage system (2019), copper plumbing, and a rebuilt community laundry room (2019). Additional highlights include a detached garage, private outdoor spaces for each unit, and an on-site community laundry that generates supplemental income. The property offers attractive in-place rental income with meaningful upside potential over time. Ideally situated in Long Beach's sought-after Circle Area, the property is just a short walk from Wilson High School, Recreation Park, Blair Field, the Billie Jean King Tennis Center, and Cal State Long Beach. Belmont Heights, popular shopping and dining destinations, and convenient access to major transportation corridors are also just moments away. Whether you're looking to build your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity to own a character-filled property in one of Long Beach's most desirable neighborhoods.

1052 Ximeno, Long Beach

$1,459,000
8 Beds 8 Baths 26853593 MLS Active Status
PRICED TO SELL - EARN AN 11.0% RETURN AGAINST IN PLACE RENTS. 9.6 GRM AND 6.8% CAP AGAINST IN PLACE RENTS. 8 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style units with a total of 5 structures on the lot. The property is professionally managed and features an excellent unit mix of studio, 1 and 2 bed units. The property has upside to a 9.1 GRM and 7.3% CAP. The property has parking for 3 cars in the rear of the building. All units have separate water heaters and the electrical subpanels were recently upgraded. The main electrical panel is a 200 AMP Siemens panel (Buyer to verify). All interiors are well maintained and feature laminate flooring, tile in the baths and updated kitchens. The property features a Walkscore of 86 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. Excellent financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games.

740 Daisy Avenue, Long Beach

$2,175,000
12 Beds 11 Baths 26853651 MLS Active Status
PRICED TO SELL AT 9.5 GRM AND 6.9% CAP AGAINST IN PLACE RENTS WITH UPSIDE. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9.1 GRM and 7.3% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.

727 Olive Avenue, Long Beach

$1,250,000
3 Beds 2 Baths 26856719 MLS Active Status
Versatile and turn-key investment opportunity at 530 Almond Ave. This Long Beach DUPLEX has been thoughtfully updated and remodeled, offering a fresh, modern aesthetic across both units. Whether you're looking for a savvy addition to your portfolio or a property with built-in income potential, this one delivers. The property is currently performing well, with a front 3BD + 2BA house fully remodeled with a spacious and bright living room, dining area, renovated bathrooms and fully equipped kitchen with brand new LG appliances with fridge, stove, microwave, dishwasher and garbage disposal, as well as new countertops, new cabinets, new fixtures. Additional features include new recessed lighting, new vinyl flooring, covered one car garage, gated driveway with space for 3 cars, central AC on the front unit and a washer and dryer room in unit. All plumbing, electrical and HVAC systems have been upgraded. Relax outside and enjoy a large backyard area with new landscaping already occupied by tenants paying excellent rents, providing immediate cash flow from day one. The second unit is a 1BD + 1BA upstairs unit sitting above the garage on a separate building and remodeled with a mini split A/C unit. In addition to the two primary units, the property features a non-conforming studio situated below the 1BD unit, offering even more flexibility for creative use or additional workspace. Spacious backyard on an expansive lot with room for an ADU or additional improvements. The property includes a garage and a spacious driveway with enough room to accommodate multiple vehicles comfortably. With its stylish finishes, updated systems, and significant income potential, this is a standout opportunity to own a high-functioning property in a vibrant location. One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.

530 Almond Avenue, Long Beach

$1,695,000
OC26147634 MLS Active Status
Discover the potential of this classic Spanish duplex in the heart of Belmont Heights, featuring two detached homes on one lot and offering a rare opportunity for investors, multi-generational living, or owner-occupants seeking rental income. The front residence is a two-story home with timeless character, including original hardwood floors, built-ins, and a spacious living room and dining area with large picture windows overlooking the front garden. A white picket fence and mature shade trees create welcoming curb appeal, while the formal dining room and vintage tile kitchen reflect the home’s original charm. Upstairs are two generously sized bedrooms, a third smaller bedroom ideal for an office or nursery, and two bathrooms. The primary bedroom has a private balcony and its own bath with a shower, while a full hall bath serves the additional bedrooms. A powder room is conveniently situated on the main level off the kitchen area. Located at the rear of the property is a detached one-bedroom, one-bath apartment above its own two-car garage with two separate entrances, providing privacy from the main residence. A bonus room adjacent to the garage offers additional space with potential for a studio, home office, gym, or other uses. A long driveway provides ample off-street parking and access to both detached garages, adding convenience and functionality. With two detached homes, vintage Spanish architecture, abundant parking, and exceptional potential, this is a rare opportunity to restore and reimagine a classic Belmont Heights property.

323 Park Avenue, Long Beach

$3,475,000
14 Beds 14 Baths 26853641 MLS Active Status
PRICED TO SELL - 9.3 GRM and 7.0% CAP at market rents. 14 units in prime Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean, all units have been tastefully remodeled and 12 of the 14 units feature in unit W/D's. The front building was constructed in 1913 and the rear structure in 1956. All units were updated in 2020 including new kitchen cabinets, counter tops, updated bathrooms and flooring. Many units have private outdoor patios/spaces. The building was also recently painted green. The property features 5 garages, 1 carport and 2 open parking spaces. The 5 garages in the rear could potentially be converted into 2 new ADU's - Buyer to verify. Currently no tenants pay for parking, it is included as part of their lease. The front building (8 units) is master metered and the rear building (6 units) is separately metered for utilities. The property has an 87 Walkscore as well. Based on area rental comps, there is approximately 11% rental upside, allowing an owner to achieve a 9.35 GRM and 7.0% CAP once rents are leveled to market. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games.

1142 E 1st Street, Long Beach

$4,675,000
OC26147265 MLS Active Status
Positioned directly on the sand at a premier corner location, this exceptional oceanfront property offers a rare combination of architectural sophistication, flexibility, and future upside. Currently configured as two expansive residences, a three bedroom lower home and a two bedroom plus den/office upper home, the property may also be reimagined as one grand single family beachfront estate. This home currently holds a short term rental permit with the city of Long Beach! Between 2021 and 2024, the building underwent a comprehensive transformation, with nearly every major system upgraded or replaced. Improvements include a new roof, replastered exterior, upgraded electrical and plumbing, new windows and doors, a newly constructed oceanfront balcony, and a striking glass pneumatic elevator showcasing coastal views. Interiors reflect a refined international aesthetic, elevated by imported finishes and bespoke design elements. A SMEG gas range, custom fabricated hoods, marble fireplace surrounds, a built-in Thermador refrigerator, floor to ceiling wine display, Toto electronic water closet, and integrated microwave drawers define the living spaces. Kitchens are designed for entertaining, featuring a 22 foot counter in the lower residence and a 15 foot island with vegetable sink in the upper residence. Outdoor living is equally compelling, highlighted by an ocean view entertaining terrace with an 18 by 13 foot porcelain clad kitchen with quartz countertops, along with a custom outdoor shower accented by an original hand painted surfboard. A refined entry lobby connects both residences and the elevator, while a fully finished two car garage provides a rare and valuable amenity in this beachfront enclave. With Long Beach selected to host multiple events during the 2028 Summer Olympics, and the region welcoming the upcoming World Cup and Super Bowl, the property presents a compelling opportunity for luxury short term rental demand and long term value appreciation, whether enjoyed as a private coastal compound or a high end income producing asset.

10 66th, Long Beach

$1,350,000
PW26129727 MLS Active Under Contract Status
This well maintained quadruplex at 4322 Elm Ave is a 4 unit multifamily investment property in the Bixby Knolls neighborhood of Long Beach, California, zip code 90807. Built in 1944, the 3,076 square foot building sits on a 9,458 square foot lot and delivers four two bedroom, one bathroom units, 8 bedrooms and 4 bathrooms total. The property offers 5 parking spaces, with 4 located in a garage off the alley. Capital improvements are extensive and recent. The building features a new asphalt and fiberglass composition shingle roof installed over solid sheathing, 36 windows replaced in 2022, and four water heaters replaced in 2022. For investors searching for a turnkey Long Beach rental property with major systems already updated, this asset checks the boxes. Location is a major driver of value here. 4322 Elm Ave sits within walking distance of the Atlantic Avenue corridor, the heart of Bixby Knolls, lined with restaurants, coffee shops, and boutique shopping. Tenants can walk to Trader Joe's, Pet Food Express, MOD Pizza, Jersey Mike's, Verizon, and Crunch Fitness, everyday retail and dining that make life easy without needing to drive. The property is also served by Los Cerritos Elementary and Hughes Middle School, two of the most sought after schools in the Long Beach Unified School District. That combination of walkable grocery, dining, fitness, and strong schools makes this a high value area to live, which translates to steady demand and long term occupancy for the owner. 4322 Elm Ave is offered alongside two additional Bixby Knolls apartment buildings, 4407 Linden Ave and 4411 Linden Ave, all owned by the same owners and clustered within close distance of one another. Buy this clean, updated fourplex on its own or combine all three buildings into a single Long Beach multifamily portfolio. Drive by only, please do not disturb tenants.

4322 Elm Avenue, Long Beach

$2,450,000
OC26146653 MLS Active Under Contract Status
3700 East 4th Street is an 8-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach, California. Constructed in 1963, the property totals approximately 6,336 net rentable square feet on a 0.14-acre parcel and features a desirable unit mix of 4 one-bed/one-bath units, 1 two-bed/one-bath unit, and 3 two-bed/two-bath units. 3700 East 4th Street offers investors the opportunity to acquire a well-positioned multifamily asset in one of Long Beach’s most desirable coastal rental neighborhoods. Belmont Heights is known for its established residential character, proximity to the beach, and access to popular lifestyle amenities, supporting strong renter demand within the immediate area. The property provides several resident amenities, including 4 single-car garages, on-site laundry, security/screen doors, and in-unit laundry in 4 of the units. Current ownership has also maintained the asset through recent improvements, including a roof replacement completed in 2024. In addition to its physical attributes, the property benefits from strong in-place rents, as ownership has kept rents aligned through regular increases. Offered at a 5.69% cap rate on current rents, 3700 East 4th Street provides investors with immediate in-place income in a high-demand Belmont Heights location, while maintaining long-term appeal through its coastal Long Beach setting, functional unit mix, and proximity to daily conveniences and lifestyle amenities.

3700 E 4th Street, Long Beach

$2,000,000
OC26146571 MLS Active Under Contract Status
927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.

927 Belmont Avenue, Long Beach

$3,350,000
15 Beds 10 Baths 26854797 MLS Active Status
Huge 650k Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 7% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a diverse unit mix consisting of 5 (1bed/1bath) units and 5 (2bed/1bath) units including 3 brand-new ADUs. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Located in prime North Long Beach just minutes from the beach, offering investors the opportunity to acquire a low-maintenance asset in a coastal rental market without premium coastal pricing! Majority of the units are master-leased by a single organization providing guaranteed cash flow and minimal vacancies. (Similar to a hassle-free NNN deal with stable income and more limited landlord responsibilities with ease of management and rent collection).

5529 Dairy Avenue, Long Beach

$1,695,000
PW26138649 MLS Active Status
245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability.

245 E Artesia, Long Beach

$1,475,000
OC26140547 MLS Active Status
Discover timeless Spanish charm in the heart of Belmont Shore. Built in 1924, this character-filled property features a beautifully maintained single-level main residence and a separate one-bedroom upper unit, creating an exceptional opportunity for owner-occupants, multigenerational living, or rental income. The 1,285-square-foot main residence showcases classic architectural details, including hardwood flooring throughout, cased windows, and stunning arched windows that bathe the living and dining rooms in natural light. The spacious floor plan features one bedroom, one and one-half baths, and a welcoming family room with a cozy fireplace, built-in desk, and a large closet that offers the potential to be converted into a second bedroom. A spacious front patio embraces the quintessential Belmont Shore lifestyle, providing the perfect setting for morning coffee, entertaining guests, or simply enjoying the coastal breeze. Above the garage, the private 657-square-foot one-bedroom unit features its own entrance, living room, dining area, kitchen, full bath, and bedroom with a private balcony, offering an ideal space for guests, extended family, or rental income. A rare Belmont Shore offering, the property includes two independent oversized one-car garages providing exceptional parking, storage, and convenience. Ideally situated just blocks from the beach and less than a three-minute stroll to the vibrant shops, restaurants, cafés, and boutiques along Second Street, this exceptional property seamlessly blends historic Spanish architecture, flexible living spaces, and an unbeatable coastal lifestyle in one of Long Beach's most sought-after neighborhoods.

169 Roycroft, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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