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

16 Beds ⋅ 10 Baths ⋅ 26826345 MLS ⋅ Active Status

HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 10.3 GRM AND 6.6% CAP ON MARKET RENTS. 9 units in Long Beach built in 1987, NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. 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. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 5.40% for 5 years, Interest Only. 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 City also approved a $38MM revamp of Long Beach Airport in preperation for the 2028 Olympic games.

1135 Raymond Avenue, Long Beach

$1,249,000

SB26112414 MLS ⋅ Active Status

Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces , offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is difficult to find. Property has an assumable loan at 2.5 percent interest rate.Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lease at market rents, or customize the property to fit a variety of living and investment strategies. The newly built ADUs provide modern appeal and strong income potential. Conveniently located near restaurants, Silverado Park, freeways, public transportation, and nearby bus stops. Located in a very desirable area of Westside Long Beach and just minutes from the beach and ocean. Rare opportunities featuring new ADUs, multiple residences, bonus space, courtyard living, and vacant delivery are increasingly hard to find.

1562 W 31st Street, Long Beach

$1,300,000

PW26108345 MLS ⋅ Active Status

The seller is willing to consider seller-carry financing for qualified buyers, providing a unique opportunity for investors seeking flexible acquisition terms in today's financing environment. 2415 E. 7th Street presents a rare 5-unit investment opportunity in one of Long Beach's most walkable and lifestyle-driven Rose Park neighborhoods, near the corner of 7th Street and Junipero Avenue. The property features a detached front house offering 2 bedrooms, 2 bathrooms, a private two-car garage, and two additional parking spaces—a highly desirable setup that feels more like a single-family residence than a rental unit. The rear building consists of a well-maintained fourplex with two downstairs units and two upstairs units, comprised of three studio apartments and one 1-bedroom unit. The property is individually metered for gas and electricity, helping minimize owner expenses and improve operational efficiency. This asset offers investors a compelling combination of in-place income, strong rental demand, and long-term upside in a highly sought-after Long Beach location. The property has been well cared for over the years and benefits from its proximity to local dining, coffee shops, transportation, and the vibrant coastal lifestyle that continues to attract quality tenants to the area.

2415 E 7th, Long Beach

$2,005,000

OC26080679 MLS ⋅ Active Status

This balcony style building has been well maintained and boasts a strong community for long- term tenants. Located in the Wrigley area, offering 5 garages.

2045 Pine, Long Beach

$1,399,000

PW26108897 MLS ⋅ Active Status

LONG BEACH TRIPLEX (SOUTH OF PCH), BUILT IN 1988 (Click the 360 icon above to view the video.) – This Multi-Family home was built from the ground up by the current owner in 1988. The spacious (3BR/2BA, 1596 sf) fully detached front unit was owner-occupied for years, as it was originally designed to be. The back two units (a 3BR/2BA and a 2BR/2BA) total 2706 sf. All three units feature 2-car attached garages (each with 2-car driveways), and they occupy an unusually large 6503 sf lot. Now we turn our attention to this property’s location in Long Beach: 1) Less than 2 miles from the beach and the Long Beach bike path 2) Quick access to Belmont Shore’s 2nd Street dining, shopping & nightlife, while being removed from the high-traffic tourist zone 3) Mere steps to Nieto Herrera Elementary School 4) Convenient to Cal State Long Beach, Recreation Park Golf Course and Marine Stadium… Overall, 1735 Orizaba Avenue benefits from being in a centrally located east Long Beach pocket near coastal amenities, established neighborhoods, dining corridors, and recreation — a combination that tends to support long-term desirability and property value stability. Take the time to thoughtfully compare, and you’ll realize why this is the one you’ve been looking for! (Note: Addresses for the two back units are 1737 & 1739 Orizaba Ave.)

1735 Orizaba Avenue, Long Beach

$4,250,000

32 Beds ⋅ 20 Baths ⋅ 26836521 MLS ⋅ Active Under Contract Status

Subject property is a well-maintained 16 unit apartment building located in the highly desirable Alamitos Beach/ Downtown Long Beach submarket, a dense coastal neighborhood known for its strong rental demand and proximity to the waterfront. The property consists of 16 units , featuring a diverse unit mix of twelve-2 bedroom 1 bathroom, two- 3 bedroom 2 bathroom, and two-3 bedroom 1.5 bathroom units, offering a combination of smaller, efficient layouts and larger units suitable for families or roommate -style occupancy. Buyers are required to execute the U.S. Bank Seller's Addendum with the Purchase agreement. Please contact listing agent before submitting and Offer!!.

237 Lime Avenue Unit 9, Long Beach

$1,400,000

8 Beds ⋅ 8 Baths ⋅ 26836519 MLS ⋅ Active Under Contract Status

Subject property is a well-located 8 unit apartment building consisting of all 1 bedroom 1 bathroom units in the Downtown Long Beach/ East Village Arts District submarket, a high-demand urban area known for its strong rental market and proximity to coastal amenities. Offering a smaller-scale investment opportunity with a functional layout that appeals to a broad tenant base. Its Central location provides convenient access to Downtown Long Beach, the waterfront, dining, retail, and major transportation corridors, supporting consistent occupancy and long-term rental demand. Buyers are required to execute the U.S. Bank Seller's Addendum with the Purchase Agreement! Please contact listing Agent before submitting an Offer!!!

815 E 9th Street, Long Beach

$2,100,000

PW26109583 MLS ⋅ Active Status

This is a 9 units property consisting of 2 stores front and 7 units apartment in the back perfect for small business owner who want to own their own store without having to pay rent on their own business and have additional income from the apartments. close to public transportation, restaurants, other businesses.

1856 Pacific Avenue, Long Beach

$1,299,990

DW26109375 MLS ⋅ Active Status

Welcome to 1131 E. 21st St, a rare and versatile income-producing property offering a beautifully upgraded single-family residence plus two additional units—an ADU and a Junior ADU—making it an exceptional opportunity for both investors and owner-occupants. The front home, approximately 1,200 sq ft, features 2 bedrooms, a den, and 2 bathrooms and has been completely renovated with thoughtful, modern upgrades throughout. Improvements include new electrical, new water lines, a fully remodeled kitchen, and stylishly updated bathrooms. The open-concept layout is filled with natural light and complemented by contemporary finishes, creating a warm yet sophisticated living space. Behind the main residence, you’ll find two additional units: A Junior ADU offering 1 bedroom and 1 bathroom (~500 sq ft), ideal for rental income or extended family. A brand-new ADU featuring 2 bedrooms and 2 bathrooms (~750 sq ft), designed with comfort and functionality in mind Both additional units are fully permitted new construction, providing peace of mind and long-term value. Each unit is thoughtfully designed for independence and convenience, featuring its own washer and dryer, along with separate meters for gas, electricity, water, and trash, and individual addresses—a highly desirable setup for investors and multi-generational living. The property also includes a remodeled 2-car garage and offers alley access to the rear units, providing ample and convenient parking with space for up to 8 vehicles total—a rare and valuable feature. Conveniently located near local schools, parks, dining, and entertainment options, this property offers a lifestyle of accessibility and convenience. Commuters will appreciate the easy access to major roadways and public transportation, making travel simple whether by car or transit. Whether you’re looking to live in one unit while generating income from the others or expand your investment portfolio with a turnkey multi-unit property, 1131 E. 21st St delivers modern upgrades, brand-new construction, and strong income potential—all in one exceptional offering.

1131 E 21st, Long Beach

$7,400,000

PW26023461 MLS ⋅ Active Status

Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction. Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, façade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout. All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beach’s growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found in newer multifamily products. The asset also includes seven garage parking spaces, newly constructed garage structures with mechanized doors, & private resident storage lockers in the basement, amenities that are increasingly rare and highly valued in dense coastal markets like Long Beach. In addition to durable, stabilized current income, the property offers a substantial tax advantage through accelerated depreciation. A completed cost segregation study projects approximately $2.37M in depreciation within the first five years of ownership, creating significant sheltering potential for investors seeking tax-efficient cash flow. Situated just blocks from the Pacific Ocean & Bluff Park, Pike Manor blends essentially new construction quality with the character and walkability that define this highly coveted pocket of Long Beach.

1827 E 4th Street, Long Beach

$5,495,000

PW26108742 MLS ⋅ Active Status

Incredible duplex opportunity. Unobstructed Ocean Views! Welcome to one of the most historically significant residences in Long Beach. An irreplaceable estate that has changed ownership only a handful of times in nearly a century. Built in the original high-dollar enclave of historic Bluff Park, where architectural integrity is still so deeply protected this extraordinary property stands as a rare testament to timeless craftsmanship, heritage, and enduring beauty. Spanning more than 7,000 square feet of living space on over a quarter-acre lot, this iconic estate captures unobstructed ocean views and showcases an extraordinary collection of preserved original details and magnificent period architecture. Both units have three large bedrooms and large living rooms with ocean oceans. Parking for 5 cars. Both kitchens have been have been exquisitely updated and the primary en suite bathrooms include hand painted one of a kind tile work. Perfectly positioned just moments from downtown Long Beach and the boutiques and dining of 2nd Street. This estate offers an opportunity to own one of Southern California’s most treasured historic homes. The property will be sold vacant. Video available.

2625 E Ocean Boulevard, Long Beach

$2,429,000

6 Beds ⋅ 14 Baths ⋅ 26825645 MLS ⋅ Active Status

PRICED TO SELL AT 9.4 GRM & 6.7% CAP WITH UPSIDE TO 7.1% CAP. 14 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). The property is professionally managed and well maintained. EARN OVER 9% CASH ON CASH AGAINST IN-PLACE RENTS. Some units have updated kitchens, baths and flooring. The property also just received updated landscaping and paint. The building features and excellent unit mix for the area and is located blocks from $8BB worth of redevelopment in the Down Town Long Beach area. There is no onsite parking but there is onsite laundry. The electrical is Siemens - it's a 200 AMP main panel with 30 AMP subpanels (Buyer to verify). 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 City of Long Beach also just approved a $38MM makeover of the Long Beach Airport in preperation for the 2028 Olympics. Qualfied Buyers can get a new loan at 5.40% Fixed for 5 years, Interest Only.

1217 Cedar Avenue, Long Beach

$950,000

PW26106282 MLS ⋅ Active Status

Located in the desirable California Heights neighborhood, this duplex offers a great opportunity for owner-users or investors. Each unit features 2 bedrooms and 1 bathroom with a unique floor plan that includes connected rooms, where one room is accessed through another. Additional features include a two-car garage and separate utility rooms for each unit, both equipped with a washer and dryer. One utility room is larger and offers additional storage space. The rear yard presents potential for future expansion or added outdoor enjoyment (buyer to verify). A great opportunity to update and make this property your own while building value in a sought-after neighborhood. Conveniently located with easy access to the 405, and 710 freeways, and just moments from Bixby Knolls dining, shopping, and amenities.

3581 Cherry, Long Beach

$849,000

5 Beds ⋅ 3 Baths ⋅ SW26102923 MLS ⋅ Active Status

1914 Locust Ave presents a compelling opportunity to acquire a well-located three-unit property in the heart of Midtown Long Beach, just moments from the Metro A Line Pacific Coast Highway Station and the area’s ongoing corridor revitalization efforts. The property features an attractive unit mix of two 2-bedroom / 1-bath units and one 1-bedroom / 1-bath unit, along with three detached single-car garages and additional rear parking. Property will be delivered vacant! Positioned within the Midtown Specific Plan area, the property offers strong potential for investors or developers seeking repositioning, ADU expansion, or future redevelopment opportunities (buyer to verify with the City of Long Beach). The transit-oriented location provides convenient access to Downtown Long Beach, local retail and dining corridors, and major transportation routes throughout Los Angeles and Orange County. The property offers flexibility for a new owner to pursue renovation, leasing, repositioning, or long-term planning objectives. Detached garages and rear access may provide additional utility and site-planning flexibility for future improvements. Whether seeking rental upside or a strategic long-term investment in one of Long Beach’s evolving growth corridors, 1914 Locust Ave offers substantial potential. Property sold as-is. Buyers to independently verify all zoning, development potential, square footage, lot size, permits, and financing suitability.

1914 Locust, Long Beach

$2,195,000

PW26102358 MLS ⋅ Active Status

Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages. A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential. Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.

924 Termino Avenue, Long Beach

$2,875,000

PW26102404 MLS ⋅ Active Status

Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.

755 Gaviota Avenue, Long Beach

$2,100,000

SB26104879 MLS ⋅ Active Status

Current 6.67% cap rate and 10.50 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7-unit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2-Bed/1-Bath and (1) 3-Bed/1.5-Bath units. There is an opportunity to Add Significant Value by Building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an Extra $3,500/month. Each Unit has its own washer and dryer, dishwashers, new floors, kitchen, and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years. 1720 Cerritos Ave is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

1720 Cerritos Avenue, Long Beach

$1,700,000

SB26104278 MLS ⋅ Active Status

We are proud to present 1922 Locust Avenue, an 8-unit apartment building located in the South Wrigley submarket of Long Beach. This asset is currently operating at a 7.25% Cap Rate and a 9.59 GRM! Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market. The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and rent-ready, offering the perfect opportunity for an owner-user or investor to quickly add value. Situated just outside the booming Downtown Long Beach core, 1922 Locust Ave is primed to benefit from over $6 Billion in local investment, including transformational projects like the Long Beach Civic Center, Queen Mary Island, CSULB Downtown Village, Broadway Block, and the Ocean Aire Development.

1922 Locust, Long Beach

$1,000,000

PW26103330 MLS ⋅ Active Status

Excellent Opportunity to own a Remodeled Duplex in Long Beach!!! The front house is a craftsman-style 4 Bedroom and 2 Bathroom. The back house features 1 Bedroom and 1 Bathroom. Plenty of parking that consists of a 2 car detached garage and and long driveway that can fit several cars. Both properties have been completely remodeled including new flooring, interior and exterior painting, electrical and plumbing upgrades, new stainless steel appliances, solar panels, and more! Property has a huge lot located in a prime location that is a short distance to the beach, downtown, and Retro Row with easy freeway access.

1029 Dawson Ave, Long Beach

$1,080,000

SB26103140 MLS ⋅ Active Under Contract Status

We are pleased to present 1140 Orizaba Avenue, a 4-unit multifamily investment opportunity located in the Eastside/Circle Area submarket of Long Beach (90804). The property features an attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. The large 6,531 SF lot and efficient lot coverage provides ample on-site parking, which is especially valuable in this parking impacted submarket. The property benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Market GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.

1140 Orizaba Avenue, Long Beach

$1,225,000

OC26101046 MLS ⋅ Pending Status

6645 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1959, the property consists entirely of two-bed/one-bath units, offering a desirable and efficient unit mix in a supply-constrained Southern California rental market. The adjacent 4-unit property at 6641 Hammond Avenue is also available, with each property offered at $1.225 million or both assets available together for $2.45 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. The offering is priced at an attractive 5.76% cap rate on current rents, with projected upside to a 7.01% cap rate on market rents. This provides investors with immediate in-place yield and a clear path to improved performance through continued rent growth and more efficient income management. The property is situated on a 0.12-acre parcel and features approximately 3,000 net rentable square feet. Community amenities include in-unit laundry hookups, individual water heaters, and five surface parking spaces. The surface parking spaces are currently not separately monetized, providing a potential opportunity to create additional income through parking fees, subject to market demand and tenant considerations. In addition to existing income upside, the rear parking area may offer ground-up Accessory Dwelling Unit (ADU) development potential. A new owner may be able to explore the addition of one or more accessory dwelling units to increase rentable square footage and long-term income, subject to Long Beach requirements, site constraints, parking considerations, and approval from the appropriate municipal authorities. 6645 Hammond Avenue benefits from a central Long Beach location with convenient access to surrounding employment centers, retail corridors, and neighboring cities including Paramount and Bellflower. Residents are just 0.60 miles from a Target and Food 4 Less anchored retail center along Cherry Avenue, providing convenient access to everyday shopping and essential services. The property is also located approximately 2.5 miles from Lakewood Center, one of the area’s major shopping destinations and employment hubs, offering a wide range of retail, dining, and service-oriented amenities. Overall, 6645 Hammond Avenue represents an attractive Long Beach multifamily opportunity with strong in-place returns, market-rent upside, unmonetized parking income potential, and possible ADU upside.

6645 Hammond Avenue, Long Beach

$1,225,000

OC26101020 MLS ⋅ Active Status

6641 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1959, the property consists entirely of two-bed/one-bath units, offering a desirable and efficient unit mix in a supply-constrained Southern California rental market. The adjacent 4-unit property at 6645 Hammond Avenue is also available, with each property offered at $1.225 million or both assets available together for $2.45 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. The offering is priced at an attractive 5.66% cap rate on current rents, with projected upside to a 6.93% cap rate on market rents. This provides investors with immediate in-place yield and a clear path to improved performance through continued rent growth and more efficient income management. The property is situated on a 0.12-acre parcel and features approximately 3,000 net rentable square feet. Community amenities include in-unit laundry hookups, individual water heaters, and five surface parking spaces. The surface parking spaces are currently not separately monetized, providing a potential opportunity to create additional income through parking fees, subject to market demand and tenant considerations. In addition to existing income upside, the rear parking area may offer ground-up Accessory Dwelling Unit (ADU) development potential. A new owner may be able to explore the addition of one or more accessory dwelling units to increase rentable square footage and long-term income, subject to Long Beach requirements, site constraints, parking considerations, and approval from the appropriate municipal authorities. 6641 Hammond Avenue benefits from a central Long Beach location with convenient access to surrounding employment centers, retail corridors, and neighboring cities including Paramount and Bellflower. Residents are just 0.60 miles from a Target and Food 4 Less anchored retail center along Cherry Avenue, providing convenient access to everyday shopping and essential services. The property is also located approximately 2.5 miles from Lakewood Center, one of the area’s major shopping destinations and employment hubs, offering a wide range of retail, dining, and service-oriented amenities. Overall, 6641 Hammond Avenue represents an attractive Long Beach multifamily opportunity with strong in-place returns, market-rent upside, unmonetized parking income potential, and possible ADU upside.

6641 Hammond Avenue, Long Beach

$599,000

PW26100651 MLS ⋅ Active Status

**2 units delivered vacant** Value-add opportunity in North Long Beach. The property features a 2 bed / 1 bath main house with a bonus room currently used as a third bedroom. There are two additional detached studio units—one in the front and one in the rear (both currently vacant). Property is separately metered with (4) electric meters and (3) gas meters. The property has operated as a triplex for over 30 years and tax records reflect triplex use; however, the current owner has been informed by the City of Long Beach that City records indicate that this is a single-family residence. Seller makes no representations about the legal use of the property. Buyer to independently verify legal use, zoning, and potential paths to legalization. Significant upside for an investor or owner-user willing to navigate the process. Interiors of the front and rear structures recently got new paint and flooring. Middle unit needs TLC.

350 E South, Long Beach

$2,574,000

PW26100517 MLS ⋅ Active Status

Welcome to 20 Roycroft Avenue, its location doesn’t get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.

20 Roycroft, Long Beach

$1,265,000

6 Beds ⋅ 4 Baths ⋅ 26831033 MLS ⋅ Active Status

This offering consists of three units, including a classic Spanish front house rich with authentic old-world character and two newly constructed ADUs completed in 2026. The front residence is a 1,178 SF, 3-bedroom, 2-bath Spanish home featuring hallmark architectural details such as an arched picture window, barrel ceiling, mock fireplace, and hardwood floors throughout. The kitchen has been updated with white cabinetry, dishwasher, stackable washer/dryer, newer free-standing stove, refrigerator, and garbage disposal, complemented by an inviting breakfast nook. Additional features include ceiling fans, window A/C units, a fenced front yard with automatic sprinklers, a shared private side patio, and a covered front porch. The property is one block from the Long Beach City bicycle rental station and offers convenient access to the Atlantic Blvd bus line. Located at the rear of the property are two brand-new ADUs498A and 498 E 52nd Street both never occupied and designed with modern finishes and efficient layouts. The lower ADU is a 532 SF, 1-bedroom, 1-bath unit. The upper ADU offers 2 bedrooms, 1 bath, and approximately 784 SF. Each ADU features private entrances, wood floors, A/C, tankless water heaters, in unit washer/dryers, double-pane windows, quartz countertops, dishwashers, and recessed lighting, delivering a turnkey living experience for future tenants. This property presents an exceptional opportunity for an owner-user or investor seeking strong rental income, modern construction, and a character-rich primary residence all on one site.

496 E 52nd Street, Long Beach

$2,800,000

PW26099843 MLS ⋅ Active Status

1070 Chestnut Avenue is a 12-unit multifamily asset located in the Long Beach, California within the Willmore Historic District submarket. The property consists entirely of 1 bedroom / 1 bath units, offering a functional and consistent unit mix with a combination of original character and select interior upgrades. Condo Conversion Optionality: Each unit has a separate APN, creating the potential for future individual condominium sales. The property has benefited from several recent capital improvements, reducing near-term maintenance exposure and enhancing operational stability. These include: New roof, windows, and upgraded electrical system, Line-X sewer line replacement, Recently installed individual water heaters, and Upgraded wall-mounted furnaces in select units. Each unit is individually metered for gas and electricity and features its own water heater, supporting efficient utility management and expense control. The asset produces stable, reliable cash flow, with a majority of tenants participating in subsidized housing programs through Housing Authority of the City of Los Angeles and Housing Authority of the City of Long Beach. This structure provides consistent rental income and mitigates vacancy risk. Additional income is generated through on-site laundry facilities. The property also offers multiple avenues for further revenue growth: Parking Income: Six (6) rear parking spaces present an immediate opportunity to implement parking fees with no additional capital investment, ADU Potential: The rear parking area may support future ADU development, and allowing for increased density and rental income. Situated in Willmore Historic District, the property benefits from convenient access to major transportation corridors, including the nearby 710 Freeway, providing connectivity to employment centers throughout Long Beach and greater Los Angeles.

1070 Chestnut, Long Beach

$2,280,000

SB26099694 MLS ⋅ Active Status

8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.13% current cap rate. Built in 1987, the property features an all 2-bed/2-bath unit mix, a rare configuration in Long Beach's small multifamily market, with private balconies, dishwashers, and individual water heaters in every unit. Upstairs units feature 11+ ft vaulted ceilings. Fully occupied with stable in-place income and rent upside under AB 1482. 12 on-site garage spaces (1.5/unit), on-site laundry, new roof and exterior paint in 2025, and separately metered gas and electricity. Post-1980 vintage insulates buyers from costly retrofit exposure common in the city's older stock. Minutes from Retro Row, Belmont Shore, and the 405/605/22 freeways.

1126 Raymond Avenue, Long Beach

$895,000

6 Beds ⋅ 4 Baths ⋅ 26830767 MLS ⋅ Pending Status

Duplex consisting of one 3+1.5 and one 3+1.75 in the Zaferia neighborhood of Long Beach. Each unit has washer and dryer hookups in a separate laundry room, a gated private backyard and rear patio. Unit #2901 also has a large storage room attached to the detached garage. The units are separately metered for gas and electricity, have individual water heaters and the tenants pay for trash removal making operating expenses low for the owner. Dedicated parking is plentiful with a detached garage and surface parking at the rear of the property and a driveway in the front. The electrical system, including a new main panel, was upgraded in 2008. Property is available if active on MLS. Check agent remarks for additional information.

2901 E 15th Street, Long Beach

$1,800,000

SB26098575 MLS ⋅ Active Status

Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.

227 Lime, Long Beach

$2,030,000

SB26098552 MLS ⋅ Active Under Contract Status

Priced to sell! This well-performing 10-unit building is located in the South Wrigley neighborhood of Long Beach. The rear garages were converted to 2 brand-new 1BD/1BA ADU's at 485 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.85X GRM and 7.3% cap rate. New electrical meters and main installed. This 1950's built property is located about 1.5 miles from Downtown Long Beach, and less than a mile to the 710 freeway, making this a strong rental location for tenants and investors. Tenants can utilize the nearby Metro Line, shopping centers, medical facilities, schools, and dining. Don't miss out on this incredible opportunity! Available for sale with neighboring property, 1952 Pine. Offering memorandum in supplemental materials.

1958 Pine, Long Beach

$1,565,000

SB26098488 MLS ⋅ Active Status

Priced to sell! This well-performing 8-unit building is located in the South Wrigley neighborhood of Long Beach. The rear garages were converted to 2 brand-new 1BD/1BA ADU's at 386 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.81X GRM and 7.3% cap rate. There is a courtyard in the middle of the property for tenant enjoyment. This property is located about 1.5 miles from Downtown Long Beach, and less than a mile to the 710 freeway, making this a strong rental location for tenants and investors. Tenants can utilize the nearby Metro Line, shopping centers, medical facilities, schools, and dining. Don't miss out on this incredible opportunity! Available for sale with neighboring property, 1958 Pine. Offering memorandum in supplemental materials.

1952 Pine, Long Beach

$2,410,000

PW26094741 MLS ⋅ Active Status

436–442 E. Market Street presents an exceptional investment opportunity to acquire a unique residential income property comprised of three separate buildings on an expansive 11,889 square foot lot. The front structure is a newly completed 1,814 square foot ADU duplex (completed May 2024), featuring two spacious 2-bedroom / 1-bath units, with laundry room, each offering 907 square feet of living space. Each unit is separately metered for water, gas, and electricity, providing added convenience and efficiency for ownership and management. Situated behind the duplex are two separate 4-plex buildings, originally constructed in 1964, with each building consisting of four 2-bedroom / 1-bath units, for a total of eight additional units. In total, the property offers 10 well-designed 2-bedroom / 1-bath units with 10 on-site parking spaces to accommodate tenants. Ideally located with convenient access to the 710, 605, and 405 freeways, this property offers strong rental appeal in a highly accessible location. With its desirable unit mix, substantial lot size, ample parking, and newly constructed front duplex, 436–442 E. Market Street represents an outstanding multifamily investment opportunity.

436 E Market, Long Beach

$1,850,000

PW26094892 MLS ⋅ Active Status

9% cap rate! Beautiful craftsman bungalow with 2 units and 6 additional units available in downtown Long Beach just minutes to the beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in a prime area in Long Beach. This unique multi family property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, shopping, dining, entertainment, and public transportation, and easy freeway access. With its robust unit count, considerable square footage (studios 655 sf), advantageous zoning, and recent improvements, 833 Cedar Avenue is an excellent acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

833 Cedar, Long Beach

$2,495,000

PW26097344 MLS ⋅ Active Status

Significant Price Improvement – Premier Coastal Investment Opportunity! Pabst, Kinney & Associates is pleased to present a well-maintained 10-unit apartment community located in the highly desirable Alamitos Beach neighborhood of Long Beach. The property features an attractive unit mix of (8) one-bedroom/one-bath units and (2) two-bedroom/one-bath units, complemented by 6 single-car garages and 3 carport spaces—an increasingly rare amenity in this premier coastal submarket. Offered for sale for the first time in over 36 years, the asset has recently benefited from strategic rental increases effective July 1, 2026, bringing total current gross income to $18,089 per month (inclusive of garage income). At the newly adjusted pricing, the property operates at an attractive 5.71% cap rate on current income, with a projected 7.30% market cap rate, offering clear and measurable upside through continued rental growth. Ideally situated just blocks from the beach, as well as a vibrant mix of dining, retail, and entertainment options, the property offers a highly walkable location with consistently strong tenant demand. Additionally, the existing garage structures may present a potential opportunity for ADU conversion (buyer to verify), providing a compelling value-add component to further enhance income and long-term returns. This is a rare opportunity to acquire a stabilized, pride-of-ownership asset at a newly reduced basis in one of Long Beach’s most sought-after rental markets.

437 Bonito, Long Beach

$759,000

PW26096704 MLS ⋅ Active Status

Discover this perfect starter-investment duplex in Long Beach, featuring a 2 bed-1 bath unit and a 1 bed-1 bath unit with independent private yard, a patio, and a 2-car garage, which is centrally located in between the units, offering privacy to each unit. The property boasts utility efficiency with separate meters for electricity and gas. Situated on an east-facing corner lot, it offers excellent proximity to major freeways, transit hubs, the Port of Long Beach, and the dining/entertainment options of Bixby Knolls and Downtown. Upgrades within the last 10 years include new roofs, windows, heaters, bathroom, and granite counters. Property is vacant, and it is just perfect for any of your plans such as owning 1 unit and rent out the other one, or just having both units for rental at the current market rent. This is the passive income generator you've been waiting for. Buy, hold, and profit!

3661 Webster, Long Beach

$1,598,000

PW26096551 MLS ⋅ Active Status

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION

486 E Adair, Long Beach

$799,000

OC26095441 MLS ⋅ Active Status

Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is currently generating approximately $58,500 in annual gross income, reflecting a current Gross Rent Multiplier (GRM) of 13.68 at the current list price and a cap rate of approximately 6.24%. These metrics position the asset as an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation. With strategic improvements, investors have the ability to reposition the asset, increase rents toward market levels, and further enhance overall returns. The property is ideal for investors pursuing a value-add strategy, long-term hold, or future refinance scenario. Located in the heart of Downtown Long Beach, the property benefits from strong tenant demand driven by proximity to major employment centers, coastal amenities, and a vibrant urban lifestyle. The area is known for its waterfront access, marina, Shoreline Village, The Pike Outlets, and a thriving dining and arts scene, making it a highly desirable location for renters. The property is also well-positioned for public transportation access, with the Metro A Line providing direct connectivity from Downtown Long Beach to Downtown Los Angeles and surrounding areas. Nearby transit hubs and multiple Long Beach Transit bus routes offer convenient local and regional access, enhancing tenant appeal and long-term rental demand. This is a rare opportunity to acquire a centrally located multi-unit property in one of Southern California’s most dynamic coastal markets, offering immediate income with strong upside potential through rental growth and property improvements. Buyer and buyers agent to conduct their own analysis.

1208 N Saint Marys Court, Long Beach

$2,450,000

PW26094866 MLS ⋅ Active Status

Pleased to present 1776 Temple Avenue, an 8-unit multifamily investment located in the highly desirable Eastside Long Beach submarket. Built in 1987 and configured exclusively as spacious 2-bedroom/2-bathroom units with private balconies, the property offers an investor a rare combination of strong in-place cash flow at a 5.36% cap rate and meaningful rental upside as units turn — with comparable 2BR/2BA market rents in the Zaferia submarket supporting a stabilized cap rate of 6.65%. The property features assigned carport parking, on-site laundry, and additional surface parking that contributes to ancillary income. Positioned just minutes from CSULB, the VA Hospital, the Traffic Circle, and 4th Street Retro Row, 1776 Temple Avenue benefits from one of the deepest and most consistent rental demand pockets in coastal Los Angeles County. This offering presents a compelling opportunity to acquire a stabilized, well-located coastal multifamily asset with a clear path to enhanced returns through organic rent growth and operational optimization.

1776 Temple, Long Beach

$2,795,000

7 Beds ⋅ 6 Baths ⋅ PW26084103 MLS ⋅ Active Status

NEW PRICE!Historic Spanish Estate Offering Multi-Generational Living & Supplemental Income in Bluff Park!Rarely does a property offer the space, privacy,& flexibility today's buyers are seeking.Nestled in the heart of Bluff Park, this beautifully preserved Spanish-style estate is legally a fourplex but lives like a private family compound, with a spacious main residence complemented by three separate guest homes surrounding a charming central courtyard. The expansive 4-bedroom, 2.5-bath main home serves as the heart of the property, featuring a fireplace, HVAC, whole-house stereo system, private laundry, a two car garage,& secluded patio with built-in seating and BBQ, perfect for gathering with family while maintaining privacy. Surrounding the main residence are three beautifully updated 1-bedroom, 1-bath homes, with dedicated office space, private patios, updated kitchens & baths, & hardwood flooring. Whether accommodating extended family, or long-term guests, the layout provides an ideal blend of togetherness and privacy. For buyers searching for the feel of a grand single-family residence, this property offers the best of both worlds.Enjoy the lifestyle and presence of a private Spanish estate while benefiting from the flexibility of 3 additional residences that can generate supplemental income, offset ownership costs,or provide housing for family members. It's an increasingly rare opportunity to own a property that functions like a luxury single-family home while creating built-in financial advantages.Meticulously maintained with over $700,000 in renovations and improvements, the property has undergone extensive upgrades, including updated plumbing, electrical, HVAC systems, windows, landscaping, patios, garage reconstruction, and seismic retrofitting, while carefully preserving its original Spanish character through restored hardwood floors, custom built-ins, crown molding, and architectural details.Additional features include 4 garages with built-in storage, multiple private outdoor spaces,& a beautifully landscaped courtyard with fountains that creates a true sense of community while allowing each residence its own privacy.Located on a picturesque tree-lined street directly across from Trolley Park and just two blocks from the beach, this exceptional property offers a lifestyle that is increasingly difficult to find a private family estate with the flexibility to accommodate multiple generations, generate income, or both. A truly unique opportunity!

3409 E 2nd, Long Beach

$2,400,000

PW26094148 MLS ⋅ Active Status

The subject is a twelve-unit apartment complex with a prime location in the very desirable Belmont Heights neighborhood of Long Beach, California. The property includes three, two-story woodframe and stucco apartment buildings built in 1923 and renovated on multiple occasions. The buildings total 7,562 sf in size and are situated on a level, rectangular 6,189 sf parcel located on he southwest corner of East Broadway and Loma Avenue. This offering includes units at 3522-3536 East Broadway and 223 Loma Avenue. The property has a great unit mix consisting of five studio and seven one bedroom/one bath apartment units ranging to approximately 700 sf. Some units have balconies. East Broadway is a busy traffic corridor through the city and is developed with a mix of retail and office buildings as well as single-family homes and small apartment buildings. Belmont Heights is one of the area's most sought-after coastal submarkets with a broad tenant base of young professionals, families and long-term residents. Woodrow Wilson High School is located less than one mile northeast of the subject. The 229-acre, city-owned Recreation Park is located one mile to the northeast and features include a community center, two golf courses, a tennis center, fishing pond and a baseball stadium. The heart of trendy Belmont Shore is less than three-quarters of a mile to the east. California State University, Long Beach is located less than two miles to the northeast. City Beach, Bluff Park and Belmont Pier are a quarter-mile to the south. Long Beach Municipal Airport is located three miles to the north and has non-stop flights to twenty-one cities nationwide as well as one-stop flights to 400 cities worldwide. Anduril Industries, a cutting-edge defense technology company specializing n artificial intelligence applications has recently announced that it is commencing a $1 billion redevelopment of land adjacent to the 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. This is the first offering for sale of the Property since the current Owner acquired it in 2002. The Property is fully-occupied and rarely has vacant units. Current rental rates are below market, and the Property is subject only to State of California rent control. Most tenants occupy units on a month-to-month basis.

3522 E Broadway, Long Beach

$1,075,000

PW26094072 MLS ⋅ Active Status

GREAT OPPORTUNITY! near Retro Row in the historic district of Rose Park South! Well maintained Spanish-style Duplex with two spacious 2 bedroom units and 3 1-car garages. Upstairs rents for $2500/mo with 1 garage. Downstairs market rent is about $2700 + 2 garages that have market rent of about $200 each. Each unit is approx 1,024 sq ft with large original windows and restored plaster walls and ceilings. The downstairs unit has 2 bedrooms and 2 bathrooms, original oak hardwood floors, large kitchen with original cabinetry, dishwasher, and an island. It also includes a backyard patio and rents 2 of the 1 car garages. The upstairs unit has 2 bedrooms and 1 bathroom, newer vinyl flooring, a large kitchen with modern cabinetry and dishwasher. It has a rooftop patio, and rents 1 garage. BOTH units feature original details such as faux fireplaces flanked by original shelving, cabinetry, and built in pull-down desks. Both units each have their own stackable washer/dryers. Tenants pay trash, gas and electric. The property has was renovated in 2005, including electrical and plumbing. Walking distance to the beach, shops and restaurants. *1 Unit will be delivered vacant.*

2624 E 6th, Long Beach

$2,150,000

PW26093940 MLS ⋅ Active Status

The subject is a mixed-use complex with a prime location in the very desirable Belmont Heights neighborhood of Long Beach, California. The Property includes one, two-story building constructed in 1923 and renovated on multiple occasions. The building totals 7,701 sf in size and is situated on a level, rectangular 5,414 sf parcel on the southwest corner of East 4th Street, and Ximeno Avenue. The Property has nine, one-bedroom/one bath apartment units plus an approximately 1,500 square foot commercial suite located on the first floor at the hard corner. The commercial unit is leased to Egg Heaven Cafe, which opened in 1969 and is considered to be one of the most well-known and loved breakfast diners in the city. East 4th Street is a a busy mixed-use street developed with retail, office, multi-residential units and a few single-family homes. It is one of the main east/west traffic corridors through the neighborhood. Belmont Heights is one of the area's most sought-after coastal submarkets with a broad tenant base of young professionals, families and long-term residents. Woodrow Wilson High School is located just three blocks to the north of the Property. The 229-acre, city-owned Recreation Park is located one-quarter mile to the east and features a community center, two golf courses, a tennis center, fishing pond and a baseball stadium. The heart of trendy Belmont Shore is three quarters of a mile to the south. California State University, Long Beach is located one and one-quarter miles to the northeast. City Beach, Bluff Park and the Belmont Pier are less than one mile to the south. Long Beach Municipal Airport is located less than three miles to the north. Anduril Industries, a cutting-edge defense technology company specializing in artificial intelligence applications has recently announced that it is commencing a $1 billion redevelopment of land adjacent to the 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. This is the first offering for sale of the Property since the current Owner acquired it in 2004. The property is fully-occupied and rarely has vacant units. Current apartment rental rates are below market and range up to $1,695 per month. The property is subject only to State of California rent control. Most tenants occupy units on a month-to-month basis.

4340 E 4th Street E, Long Beach

$1,995,000

PW26093660 MLS ⋅ Active Status

The subject is a seven-unit apartment complex with a prime location in the very desirable Belmont Heights neighborhood of Long Beach. The Property includes two, two-story woodframe and stucco apartment buildings built in 1948 and renovated on multiple occasions. The buildings total 5,554 square feet in size and are situated on a level, rectangular 5,852 square foot parcel fronting on Belmont Avenue. The front building has four two bedroom/one bath units. The rear building has one studio, one, one bedroom/one bath unit and one three bedroom/two bath unit. There is a landscaped yard at the front of the Property and a shared, landscaped yard between the two buildings as well as a two-car garage served by a rear alley. There are a washer and dryer in the rear building, coin-operated and owned by a service provider. Belmont Avenue is a quiet, well-landscaped street developed with a mix of single-family and small apartment buildings. Belmont Height is one of the area's most sought-after coastal submarkets with a broad tenant base of young professionals, families and long-term residents. Woodrow Wilson High School is located just three blocks to the east of the Property. The 229-acre, city-owned Recreation Park is located one-quarter mile to the east. The heart of trendy Belmont Shore is one mile to the south. California State University, Long Beach is located one and one-quarter miles to the east. City Beah Bluff Park and Belmont Pier are less than one and one-half mile to the south. Long Beach Municipal Airport is located two and one-half miles to the north. Anduril Industries, a cutting-edge defense technology company specializing in artificial intelligence recently announced that it is commencing a $1 billion redevelopment of land adjacent to the Airport. The project is planned to be completed in mid-2027 and expected to create 5,500 new jobs at the site plus thousands of indirect jobs in construction and supply-chain services. This is the first offering for sale of the Property since the current Owner acquired it in 1999. The Property is fully-occupied and rarely has vacant units. Current rental rates are well below market and the Property is subject only to State of California rent control. Most tenants occupy units on a month-to-month basis.

810 Belmont Avenue, Long Beach

$1,729,000

OC26090983 MLS ⋅ Active Status

1042 - 1048 East Broadway is a 5-unit multifamily property located in the Alamitos Beach neighborhood of Long Beach, California. The property features a well-balanced unit mix of 4 two-bed/one-bath units and 1 one-bed/one-bath unit, offering larger floor plans that appeal to a broad tenant base in a coastal urban setting. The asset also benefits from 2 enclosed garage spaces, a valuable amenity in a dense neighborhood where parking is limited. Ownership has completed approximately $60,000 in recent capital improvements, including roof replacements on both buildings in 2025, exterior painting in 2024, upgraded water heaters with two tankless systems in 2022, and a renovated kitchen in Unit 1042. The renovated unit features tile and wood flooring, granite countertops, shaker-style cabinetry, and updated fixtures, achieving the highest rent at the property and demonstrating the potential for interior upgrades to drive additional rental income. Situated in the desirable Alamitos Beach neighborhood, the property is within close proximity to the Long Beach shoreline, Downtown Long Beach, and the East Village Arts District. Residents benefit from convenient access to Retro Row along East 4th Street, as well as the planned Mosaic redevelopment, which is expected to further enhance the surrounding area with new residential, retail, and public space offerings. 1042 - 1048 East Broadway presents investors with the opportunity to acquire a well-located coastal asset with a strong unit mix, recent capital improvements, and demonstrated rental upside within one of Long Beach’s most active rental markets.

1042 1048 E Broadway, Long Beach

$1,425,000

PW26090794 MLS ⋅ Pending Status

5-unit apartment building with all large two-bedroom units and six garages. On-site laundry with owned machines. Renters are primarily section 8 and lease rates are below market. Onwer has recently completed several capital improvements and upgrades. Large lot may offer an opportunity to add units.

414 E 61st, Long Beach

$1,299,900

PW26084278 MLS ⋅ Active Status

Great location to live in one and rent the other or rent out both. Beautifully remodeled. Hardwood floors, tiled kitchens with stoves, fridges and bathrooms e=remodeled with new vanities, deep soaking tubs. Laundry room in each unit with washers/dryers. Loads of windows. Light and bright. Front unit has faux fireplace and private side yard and parking for 3 cars on newly poured driveway. Back unit has a huge back yard can accommodate an ADU for value add. Private parking off the alley and a garage currently used by the owner for storage items to the units can be converted in an other ADU. All new fencing, and exterior lighting . New SCE panel and sub panels in each unit. Updated plumbing, restored siding new paint last year and drought tolerant yards.

1334 Mira Mar, Long Beach

$1,655,000

PW26090530 MLS ⋅ Active Status

Marcus & Millichap is pleased to present 246 Newport Avenue, a charming four-unit investment opportunity in Long Beach’s highly desirable Belmont Heights neighborhood, which is known for its tree-lined streets, Craftsman architecture, and strong tenant appeal. The property features a two-bedroom/one-bath single-family home, a duplex containing one studio and one one-bedroom unit with an office, and a studio above a two-car garage. Tenants also enjoy a shared backyard. 246 Newport Avenue boasts an exceptional rental location just four blocks from Bluff Park and the beach, walkability to popular restaurants along Broadway, and less than one mile from the vibrant dining, retail and entertainment corridor on Second Street. Its proximity to California State University, Long Beach, recreation, freeway access, and employers support consistent rental demand. The property has been professionally managed and provides stable in-place cash flow with potential upside. The two-bedroom home presents an ideal opportunity for a new owner to occupy the home and utilize rental income of the apartment units to offset mortgage costs.

246 Newport, Long Beach

$1,450,000

PW26090318 MLS ⋅ Active Status

This well maintained six-unit multifamily property, consists of a five unit building at the front of the parcel & charming private home at the rear with a lovely front yard, independent driveway and garage. Several units have been updated including paint, flooring & windows. The front building also has 3 garages with additional full spaces in front. Situated minutes from CSULB, VA Hospital, Recreation Park Golf Course, & great shopping all the way around. Recent updates, strong tenant base a GREAT opportunity!

3337 E 15th, Long Beach

$1,650,000

PW26089883 MLS ⋅ Active Under Contract Status

74 and 76 Argonne Avenue presents a rare opportunity in the heart of Belmont Shore, just steps from the sand in one of the most prized coastal locations in Long Beach. Currently configured as a beautifully updated duplex (EZ convert to 3 units), this 2,284 square foot property sits on a 4,500 square foot "double lot" and offers exceptional flexibility for both investors and owner occupants. The property has been thoughtfully refreshed while maintaining its classic 1939 character. Light filled interiors, updated kitchens and baths, spacious living areas, recessed lighting, and solid construction make this a true move in ready asset with strong bones and long term upside. The current two unit layout provides immediate income potential. For an owner user, this creates an ideal house hack scenario. Live in the front residence and rent the rear unit to significantly offset your mortgage while building equity in one of Southern California’s most desirable beach communities. For investors looking to maximize returns, the configuration offers a clear path to convert the property into a triplex. Adding a third unit could generate approximately $24,000 per year in additional rental income, creating meaningful upside in a supply constrained coastal market where proximity to the beach consistently commands premium rents. Location is everything here. Situated in Belmont Shore within the city of Long Beach, the property is moments from the beach, the bike path, marinas, and the shops and restaurants along 2nd Street. Coastal lifestyle, walkability, and consistent rental demand converge in this neighborhood. With the 2028 Los Angeles Olympics approaching, properties in prime coastal corridors like this are positioned to benefit from increased visibility, infrastructure investment, and heightened demand. Beach close income properties in established communities historically hold value and appreciate over time. Whether you are seeking an income producing asset, a live and rent opportunity, or a long term coastal investment with expansion potential, 74 Argonne delivers location, flexibility, and measurable upside just steps from the ocean.

74 76 Argonne, Long Beach

$849,000

SW26088244 MLS ⋅ Active Status

1914 Locust Ave presents a compelling opportunity to acquire a well-located three-unit property in the heart of Midtown Long Beach, just moments from the Metro A Line Pacific Coast Highway Station and the area’s ongoing corridor revitalization efforts. The property features an attractive unit mix of two 2-bedroom / 1-bath units and one 1-bedroom / 1-bath unit, along with three detached single-car garages and additional rear parking. Property will be delivered vacant! Positioned within the Midtown Specific Plan area, the property offers strong potential for investors or developers seeking repositioning, ADU expansion, or future redevelopment opportunities (buyer to verify with the City of Long Beach). The transit-oriented location provides convenient access to Downtown Long Beach, local retail and dining corridors, and major transportation routes throughout Los Angeles and Orange County. The property offers flexibility for a new owner to pursue renovation, leasing, repositioning, or long-term planning objectives. Detached garages and rear access may provide additional utility and site-planning flexibility for future improvements. Whether seeking rental upside or a strategic long-term investment in one of Long Beach’s evolving growth corridors, 1914 Locust Ave offers substantial potential. Property sold as-is. Buyers to independently verify all zoning, development potential, square footage, lot size, permits, and financing suitability.

1914 Locust, Long Beach

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