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

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

$1,000,000

IN26156931 MLS ⋅ Active Status

Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

1136 E Alhambra Court, Long Beach

$27,995,000

SR26157524 MLS ⋅ Active Status

The Linden Plaza Apartments is a well maintained 93-unit community located in the Bixby Knolls area of Long Beach. Built in 1973, the community offers residents covered parking, swimming pool, storage, elevator, gym, putting green, and a barbecue and sitting area. The units are one-bedroom one-bathroom and two-bedroom and one-bathroom and range in size from 617 square feet up to 994 square feet. The property is conveniently located near the 405 and 710 Freeways, the Long Beach Airport, Memorial Medical Center, Downtown Long Beach, etc.

3415 Linden, Long Beach

$1,465,000

4 Beds ⋅ 4 Baths ⋅ 26861363 MLS ⋅ Active Status

Experience a premier turnkey investment in the heart of Bixby Knolls. Following an extensive 2022 transformation, the property features high-end modern upgrades and designer finishes throughout, offering a sophisticated, low-maintenance asset for any portfolio. The flagship residence is an expansive two-story, townhouse-style unit featuring two bedrooms, and two bathrooms. The interior shines with stylish new flooring, custom cabinetry, and sleek countertops. The thoughtful layout includes a versatile downstairs den and seamless access to a large private patio and deck. This unit also includes its own private garage and in-unit laundry hookups. The front one-bedroom, one-bathroom unit has been equally updated with a keen eye for detail, ensuring high appeal. Each unit enjoys the rare luxury of its own private patio, a standout feature for tenants. Spanning a total of 3,330 square feet of total living space, this oversized triplex is perfectly positioned near the boutique shops and vibrant dining scene that define the Bixby Knolls lifestyle. A rare find for those seeking quality and style in a prime location.

1610 E Carson Street, Long Beach

$999,800

PW26156588 MLS ⋅ Active Status

Beautifully Updated Belmont Heights Duplex Located in the highly desirable Belmont Heights neighborhood, just minutes from Belmont Shore, this beautifully updated duplex offers two spacious 1-bedroom, 1-bathroom units, each featuring a large open floor plan designed for comfortable living. Both units have been tastefully remodeled with new kitchen cabinetry, modern countertops, newer gas appliances, and luxury vinyl flooring. Freshly painted interiors and a newly painted exterior provide a clean, contemporary look, making this property truly move-in ready. A garage adds convenience and additional storage. Ideally situated near the vibrant shops, restaurants, and cafés along 2nd Street in Belmont Shore, the property also offers easy access to the 405, 605, and 22 freeways. Outdoor enthusiasts will appreciate its proximity to Recreation Park, featuring golf, tennis, and playgrounds, as well as the scenic Colorado Lagoon with its walking trails and recreational opportunities. Whether you're looking for an owner-occupied duplex or an excellent investment opportunity, this turnkey property combines modern updates with one of Long Beach's most sought-after coastal locations.

3728 E Colorado, Long Beach

$1,295,000

P1-28074 MLS ⋅ Active Status

318-320 East Market Street is a turnkey 4-unit income property featuring 3 residential units and 1 commercial storefront. All 3 residential units will be delivered occupied with tenants paying at or above market rates. The commercial storefront will be delivered vacant so you can ask full market rent from your new tenant. At the list price, the property has outstanding fundamentals with a pro forma 5.3 CAP RATE and 12.8 GRM. To make this one even better, all units are in good marketable condition, with upgrades by the current owner including new 200 amp electrical panels; updated plumbing; updated sprinkler and irrigation, and updated interior finishes and design in the residential units. The seller is motivated. This is one you don't want to miss.

318 320 E Market Street, Long Beach

$969,000

SB26155784 MLS ⋅ Active Status

Prime Investment Opportunity in Long Beach! This updated 3-unit property offers long-term value and reliable income less than 1/2 mile to the heart of downtown and less than 1 mile to the Ocean. Recent Cap Ex includes remodeled units with newer roofs and plumbing upgrades make for a unique opportunity at this price point. Perfect scenario to live in one unit and offset the mortgage by renting the other two. Surrounded by major developments like the Long Beach Civic Center, Queen Mary Island, and West Gateway, the property benefits from the city's continued investment growth. Just minutes from the vibrant Downtown Long Beach core, residents enjoy easy access to a wide range of dining, shopping, and entertainment options. Nearby Alamitos Beach, Golden & Lincoln Park, and Shoreline Village provide ample recreation opportunities. Conveniently located near the 710 and 405 freeways and the Metro Blue Line, residents also benefit from seamless accessibility to LA & Orange County. Long Beach's thriving economy, supported by its shipping, aerospace, and healthcare sectors, ensures a strong tenant base. Don’t miss this turnkey investment in one of Southern California's most desirable markets!

531 N Virginia Court, Long Beach

$2,600,000

SB26155227 MLS ⋅ Active Status

Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.

1020 E Broadway, Long Beach

$730,000

OC26153760 MLS ⋅ Active Status

Welcome to this great investment opportunity or ideal owner-occupied property! This quaint and unique duplex features a comfortable 1 bedroom, 1 bath home with a backyard and a charming open-floorplan studio with its own private entrance. Each unit offers functional living spaces, making this property perfect for generating rental income, multigenerational living, or living in one unit while renting the other. Conveniently located near coffee shops, schools, dining, major commuter routes, this versatile property offers excellent potential for investors and homeowners alike. Don't miss the opportunity to own this income-producing property with endless possibilities.

2828 E 10th, Long Beach

$2,015,000

2 Beds ⋅ 12 Baths ⋅ 26859339 MLS ⋅ Active Status

PRICED TO SELL - 9.4 GRM AND 6.8% CAP. EARN OVER A 10% CASH ON CASH RETURN against in place rents. 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

$1,497,777

DW26151227 MLS ⋅ Active Status

Exceptional Long Beach Investment Opportunity! Don’t miss this beautifully remodeled multi-unit property in the City of Long Beach, offering the perfect combination of comfortable owner-occupancy and income-producing potential. The front home features 3 spacious bedrooms and 2 full bathrooms, providing a modern and inviting living space for the new owner. Behind the main home are three additional rental units, creating an excellent opportunity to generate rental income that can help offset the monthly mortgage payment. Whether you’re looking to live in the front house while building wealth through rental income or expand your real estate portfolio, this versatile property is an outstanding investment. The entire property has been recently remodeled, offering updated finishes and move-in-ready convenience. Properties like this are rare—ideal for homeowners, investors, or anyone seeking a property that combines lifestyle and financial opportunity. With generous lot size and favorable zoning, there's potential to add up to 4 ADUs (buyer to verify), creating an 8-unit income-producing property. Front House and one of the back units to be delivered vacant at close of escrow

2130 Elm, Long Beach

$1,599,000

IN26149247 MLS ⋅ Active Status

PRICE IMPROVEMENT - NOW OFFERED AT A 10.4 GRM AND 6.1 CAP RATE ON ACTUALS. Great turnkey investment opportunity in a high-demand Long Beach rental market. This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.

1323 Walnut Ave, Long Beach

$1,445,000

8 Beds ⋅ 8 Baths ⋅ 26853593 MLS ⋅ Active Status

PRICED TO SELL - EARN OVER A 10% RETURN AGAINST IN PLACE RENTS. 9.5 GRM AND 7.0% 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 7.5% 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

$2,155,000

12 Beds ⋅ 11 Baths ⋅ 26853651 MLS ⋅ Active Status

PRICED REDUCED TO SELL AT 9.4 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. Earn over an 8% cash on cash return against in place rents. 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 GRM and 7.5% 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. The expansive lot has room for further development potentially adding two ADUs (buyer to verify). 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 Under Contract 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

$1,499,000

PW26138957 MLS ⋅ Active Status

Potential! Potential! First time on the market in 50 years. This Belmont Heights duplex offers a 3 bedroom, 2 bath back unit and a 2 bedroom, 2 bath front unit. Property is approximately 3200 sqft. Both units have a family room and fireplace. Each unit has sliding glass doors and private patio areas. Inside laundry with ample closet and storage space. Units are light bright and open. Large garage offers 3 parking spaces, 3 garage doors and 3 parking spaces. New roof in December 2025. Possible 500 square foot ADU above the garage, check with City of Long Beach for guidelines.

359 361 Roswell, 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

$4,575,000

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

$2,350,000

OC26146653 MLS ⋅ Active 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 5.99% 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 ⋅ Pending 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

$2,300,000

SB26144665 MLS ⋅ Active Status

1950 Pacific Ave presents a rare VALUE ADD Opportunity to acquire an 11-unit multifamily asset in Long Beach with strong in-place cash flow and two newly constructed ADUs already completed. The property features a desirable unit mix consisting of 1-bedroom and 2-bedroom units, including the two new ADUs, giving investors a clean combination of existing income, newer added rental units, and continued upside in rents. Built in 1962, the property totals approximately 6,733 square feet of building area on an approximately 8,591 square foot lot. Current scheduled rents total approximately $19,559 per month, or $234,712 annually, with market rents projected at approximately $21,940 per month before additional garage income, bringing total annualized market income to approximately $270,480. At the asking price of $2,300,000, the property is priced at approximately $209K per unit and $267 per net rentable square foot. The asset currently operates at a 9.80 GRM and 7.03% cap rate, with the ability to move toward an 8.50 GRM and 8.54% cap rate at market rents. The offering provides investors with strong current income, two newly built ADUs, and a clear path for additional rent growth in a central Long Beach location. With multiple units still below market and the ADU income already in place, 1950 Pacific Ave offers a compelling value-add opportunity with both immediate cash flow and long-term upside.

1950 Pacific, Long Beach

$1,199,000

PW26142273 MLS ⋅ Active Status

Price improvement! Rare investment opportunity featuring four units on one lot. The front building consists of two 1-bedroom, 1-bathroom units, each with a spacious bonus room. The rear building offers two large 3-bedroom, 2-bathroom units situated above four oversized garages, providing an attractive layout with added privacy for tenants. High income potential. This value-add opportunity offers significant upside potential, making it ideal for investors seeking to increase future income and long-term value. Sold as-is.

1015 Dawson Avenue, Long Beach

$1,695,000

PW26138649 MLS ⋅ Active Under Contract 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

$2,749,000

PW26142888 MLS ⋅ Active Status

***Major Price Reduction***Excellent mixed-use investment opportunity on Pacific Coast Highway offered at a 6.63% cap rate. The property features a two-story building with 11 residential units and 11 on-site parking spaces, providing stable residential income. Many of the residential units have been refreshed, enhancing rental value. The sale also includes 1561 W Pacific Coast Hwy, a separate 3-tenant storefront retail building with prime frontage on PCH. Strong in-place cash flow with diversified residential and commercial income in a high-traffic location.

1561 W Pacific Coast Highway, 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

$1,099,000

SB26142307 MLS ⋅ Active Status

TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

2250 Magnolia, Long Beach

$1,700,000

PW26135310 MLS ⋅ Active Status

Rare Long Beach multifamily investment opportunity featuring five well-designed units on a spacious lot in a highly desirable rental market. This income-producing property includes four 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit above six garages in the back, offering an attractive unit mix with strong upside potential. Ideally located near shopping, restaurants, schools, public transportation, and major freeways, this is an exceptional opportunity for investors seeking stable cash flow and long-term appreciation. PLEASE DRIVE BY ONLY!

1224 E 17th Street, Long Beach

$1,699,000

PW26139994 MLS ⋅ Active Status

Prime mixed-use property for sale in Long Beach! This versatile investment opportunity features two retail units in the front, perfect for businesses seeking high visibility and foot traffic. The rear of the property boasts six multifamily units, offering a blend of convenience and comfort for tenants. Located ten minutes from the beach and one minute from Pacific Coast Highway, this property ensures easy access to local attractions, dining, and shopping. This property presents a unique investment opportunity, combining commercial and residential potential in one of Long Beach's most sought-after locations.

1861 -1871 Pacific Avenue, Long Beach

$750,000

PW26121906 MLS ⋅ Active Under Contract Status

Exceptional value-add triplex opportunity in North Long Beach. Situated on a prominent corner lot, this income-producing property consists of three 1-bedroom, 1-bathroom units, each featuring a private garage and dedicated outdoor space. One unit benefits from an oversized wraparound yard, providing enhanced tenant appeal and potential rental premium. The property presents a compelling opportunity for investors seeking rental upside through interior and exterior improvements. The asset is well suited for investors looking to add value and capitalize on Long Beach's strong rental demand. Conveniently located near major transportation corridors, retail amenities, employment centers, and neighborhood attractions, the property offers both accessibility and long-term growth potential. Whether you're a first-time multifamily investor or an experienced buyer seeking a repositioning opportunity, 180 E. 55th Street represents an attractive entry point into the Long Beach multifamily market.

180 E 55th, Long Beach

$2,485,000

OC26138156 MLS ⋅ Active Status

1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

1491 Atlantic Avenue, Long Beach

$1,648,000

P1-27710 MLS ⋅ Active Status

Discover coastal living at its finest in the vibrant Belmont Shore neighborhood of Long Beach! Just one short block from the beach, this beautifully maintained property is comprised of three impeccably remodeled units, each featuring remodeled kitchens with stylish cabinets, quartz countertops, and stainless steel appliances. The interiors boast newer flooring throughout, enhancing the modern elegance of each space.There are two one bedroom and one bath units in the front, while the third spacious two-bedroom, one-bath unit sits above the garages In back. Each unit benefits from its own patio area, perfect for enjoying the outdoors. Residents will also appreciate the convenience of a shared community laundry facility.One of the standout benefits of this property is the parking arrangement, offering three single-car garages with an additional driveway space in front of each garage for convenient parking for all residents. The building has been thoughtfully maintained over the years, ensuring a bright and inviting atmosphere with an abundance of windows and natural light.In addition to fine restaurants and cafes, the area offers an array of coastal activities to enjoy. Whether it's surfing the waves, fishing off the pier, biking along scenic paths, or simply taking a leisurely walk along the beach, Belmont Shore provides an idyllic setting for an active lifestyle.

60 Bennett Avenue, Long Beach

$4,950,000

GD26134832 MLS ⋅ Active Status

An exceptional investment opportunity in one of Long Beach's most coveted coastal neighborhoods — just two blocks from the beach. This well-maintained 13-unit apartment building offers the perfect blend of lifestyle appeal and strong income performance, with all units leased at or close to market rents. The property features one penthouse unit with two bedrooms, one bath and a deck. Additional there are twelve spacious one-bedroom, one-bath residences. Approximately 80% of units have been thoughtfully remodeled and upgraded, reflecting pride of ownership throughout. Every unit has two walk in closets and dining areas while top-floor units feature cozy fireplaces. Select front-facing units offer private balconies and sweeping ocean views, while several side units capture partial ocean vistas. Many units feature charming bay kitchen windows, flooding living spaces with natural light and coastal breezes. On-site is a dedicated laundry facility with two washers and two dryers. Offered at approx $457,000 per unit, this property carries a current cap rate of 4.33% with a pro forma cap rate of 5.17% — reflecting meaningful upside rents continue to rise in this high-demand coastal corridor. With its unbeatable Belmont Shore location, strong rental demand, and move-in ready condition, this is a rare opportunity to acquire a turnkey coastal asset with lasting appreciation potential.

3921 E Livingston, Long Beach

$1,394,900

SW26135295 MLS ⋅ Active Status

GREAT NEW PRICE OFFERING!!! Spacious (3816 sq. ft) (4) l bedroom units (approx. 950 sq. ft. ea.) located in the heart of the Alamitos Beach, a very desirable residential neighborhood---LOCATION/LOCATION/LOCATION !!!.....THESE UNITS are LARGE...an appreciated feature ...and the layout could easily be 2 bedrooms...with laundry hookups in every unit!!!...2 blocks from the beach and adjacent to Bluff Park with a very high walk score.....abundant shopping/restaurants/bars/ & BEACH within EZ 5-15 minute walk. Public transportation on the corner.....E. BROADWAY. Again, a few blocks away is The EAST VILLAGE ARTS DISTRICT with historic Art Deco architecture and a mix of artists lofts, mid-century furniture stores, and sidewalk cafes like The Breakfast Bar, Berlin Bistro & others....a delightful area to enjoy eclectic food choices and good drinks. Retro Row along East 4th St. is another wonderful area....again, just a few blocks away....a large choice of restaurants/bars and great shopping opportunities with new and used merchandise offered from a variety of independently owned small establishments.....A GREAT AREA TO VISIT. The 4 unit actual rents are shown reflecting long term residents....projected numbers used for the analysis to see the fairly short term projections for a financially prudent investment property. In seller's family for almost 50 years....!!! It is a keeper property.......you will enjoy owning it!!!!

216 Esperanza, Long Beach

$550,000

DW26134687 MLS ⋅ Pending Status

**SHORT SALE – ** Units are situated on the heart of Long Beach. walking distance from downtown and 2 miles from the beach Conveniently located near schools, parks, shopping, dining, and major transportation routes. Property is being sold as a short sale, subject to lender approval. Bring all offers—this is an excellent opportunity for owner-occupants and investors alike. Opportunity awaits at this an updated two-story duplex- 1-bedroom, 1-bathroom each. The detached garage is an excellent potential for an ADU (buyer to verify). all information and development possibilities to their satisfaction. Listing Broker, Sellers and Agent do not guarantee the accuracy of square footage, bed/bath count, lot size, permit info, parking, descriptions herein or other info as to the conditions-features of property provided by the seller or obtained from public records-other sources. Information is deemed reliable but not guaranteed. Buyer is advised to independently verify the accuracy of all info through personal inspection and with appropriate professionals. Buyers to verify ALL aspects of property. Property to be sold "as is condition,1 unit is tenant occupied."

1040 N Almond Court, Long Beach

$1,388,000

AR26131948 MLS ⋅ Active Status

Excellent Long Beach 4 Unit Investment Opportunity!!! Rare opportunity to own a well-located 4 unit income property in the desirable Long Beach area. Situated on a spacious lot, this property offers strong rental demand, stable income potential, and long-term appreciation opportunities. Conveniently located near shopping centers, restaurants, schools, parks, California State University Long Beach (CSULB), and major freeways, providing easy access to everything Long Beach has to offer. The property is also just a short drive from the beach and popular local attractions. Don't miss this rare opportunity to own a quality income property in the heart of Long Beach!

1055 -1059 Roswell, Long Beach

$1,645,000

PW26133542 MLS ⋅ Active Under Contract Status

Pleased to present 1315 Termino Avenue, a substantially renovated and redeveloped four-unit multifamily property located in the highly desirable city of Long Beach. Originally constructed as a duplex, the property underwent a comprehensive transformation in 2024, including the complete renovation of the existing units down to the studs, along with the addition of two newly constructed units, creating a highly improved and modernized residential asset. The property is comprised entirely of spacious 2 and 3-bedroom floorplans featuring high-end finishes, contemporary design elements, and quality craftsmanship throughout. The extensive 2024 improvements provide investors with a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern California’s most active and evolving rental markets.

1315 Termino Avenue, Long Beach

$1,849,500

PW26133260 MLS ⋅ Active Status

Exciting opportunity to acquire the prime Belmont Shore apartment building located at 40 Ximeno Avenue in Long Beach! This asset is just five parcels from Ocean Avenue and the sand in a sought-after affluent coastal market. Current rents are 50 percent below market, making this an excellent value-add opportunity in a high demand submarket. 40 Ximeno Avenue offers a diverse mix of one studio with a large walk-in closet, four one-bedroom/one-bath units, and one two-bedroom/one-bath unit with a den. Of the six units, five feature new vinyl plank flooring and four boast new showers. The property also features a newer roof, laundry facilities, one covered parking space, and a storage space. The building’s outstanding location offers residents enviable proximity to quintessential California living amenities: the beach, Belmont Plaza Pool, Belmont Pier, and the vibrant Second Street corridor’s dining, retail and entertainment. This area has a strong and steady tenant base with an average household income over $140,000. Rental demand is further supported by proximity to Cal State Long Beach, employers, and freeways.

40 Ximeno, Long Beach

$1,575,000

OC26131199 MLS ⋅ Active Status

Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.

5139 E Carson Street, Long Beach

$499,000

2 Beds ⋅ 2 Baths ⋅ 26848485 MLS ⋅ Pending Status

Duplex for sale in Long Beach, CA, offering an excellent opportunity for investors looking to add value and build equity. The property consists of two 1-bedroom, 1-bathroom units with a combined 1,039 square feet of living space situated on a 3,511 square foot lot. One unit has long term tenant and is being sold with tenant in place, one unit is vacant. With some care and renovations, this property could truly shine and become a standout investment. Parking in driveway. Centrally located in Long Beach with easy access to the 710 and 405 freeways, this income-producing property offers excellent connectivity to employment centers, shopping, dining, and surrounding communities.

2000 Lewis Avenue, Long Beach

$3,350,000

PW26131375 MLS ⋅ Active Status

25 Bennett, Long Beach

$999,000

PTP2604556 MLS ⋅ Pending Status

Prime remodeled duplex opportunity in desirable Long Beach just a 10-minute walk to the beach. Property features recent upgrades including fresh new paint offering a clean, updated feel. Ideally located with easy access to local hotspots including an 8-minute drive to Second Street for restaurants, bars, and shopping, plus close proximity to Downtown Long Beach and The Pike Outlets. Enjoy nearby live music festivals within walking distance and the popular farmers market at Bixby Park. Conveniently located next to a local fire station. Excellent opportunity to own a duplex in a prime coastal location near dining, entertainment, and the beach.

1530 E Appleton Street, Long Beach

$1,295,888

PW26128325 MLS ⋅ Active Under Contract Status

Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.

1651 E South, Long Beach

$1,695,000

PW26126693 MLS ⋅ Active Status

Exceptional Bluff Park Historic District Triplex situated on a prominent corner lot at E. 1st Street and Redondo Avenue, just one block from the beach and neighborhood amenities. This unique property features three well-maintained units across two separate buildings, offering an attractive blend of historic character, functionality, and long-term investment potential. The front residence at 3366 E. 1st Street is a spacious 2-bedroom, 1-bath unit featuring updated luxury vinyl flooring, abundant natural light, charming built-in cabinetry, a dedicated office/flex space, private balcony, and partial ocean views from the living and dining areas. The second unit, 29 Redondo Avenue, offers 2 bedrooms and 1 bath with original hardwood flooring, an updated kitchen with modern cabinetry, and classic architectural details that reflect the property’s timeless character. Completing the property is 27 Redondo Avenue, a detached 1-bedroom, 1-bath unit situated above the garages, featuring hardwood flooring in the living area, newer windows, an updated kitchen with modern cabinetry, and excellent privacy. The property includes three individual garage spaces, separate gas and electric meters, shared laundry facilities, mature landscaping, and attractive curb appeal. All three units feature updated kitchens and cabinetry throughout, providing modern convenience while preserving the charm and character that make this coastal Long Beach property so desirable. Ideally located within the Bluff Park Historic District, residents enjoy close proximity to the beach, Bluff Park, Belmont Shore, Retro Row, dining, shopping, entertainment, and the vibrant Long Beach coastline. Whether for an investor seeking a well-located income property or an owner-user looking to offset housing costs with rental income, this rare Bluff Park offering presents a compelling opportunity.

3366 E 1st, Long Beach

$999,000

PW26123110 MLS ⋅ Active Status

This well-maintained 4-unit income property offers an attractive unit mix consisting of one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units, providing strong rental appeal for a variety of tenants. Each unit is thoughtfully designed to maximize living space and functionality. The property also features four individual one-car garages, offering valuable off-street parking and additional convenience for residents. With its desirable unit configuration, garage parking, and solid income-producing potential, this property presents an excellent opportunity for both investors and owner-users seeking a well-located and versatile multifamily asset

1490 Gundry, Long Beach

$890,000

PW26123123 MLS ⋅ Active Status

This attractive 3-unit income property features a desirable unit mix consisting of one spacious 2-bedroom, 1-bath unit and two well-appointed 1-bedroom, 1-bath units, offering broad appeal to a variety of tenants. Each residence provides a comfortable and functional layout designed to maximize living space and everyday convenience. The property also includes three dedicated on-site parking spaces, a valuable amenity that enhances tenant satisfaction and rental demand. The roof was replaced in in 2025, the electrical meters were upgraded, and the plumbing has been partially replaced with copper. With its efficient unit configuration, off-street parking, and strong income-producing potential, this triplex presents an excellent opportunity for investors seeking a stable multifamily asset or owner-users looking to offset occupancy costs with rental income. Its versatile layout and attractive unit mix make it a compelling addition to any real estate portfolio. Plus, a new roof was installed in 2025 which is a great enhancement to the property.

1111 Walnut, Long Beach

$1,199,000

SB26124554 MLS ⋅ Active Status

Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside — an investor's dream in one of Southern California's most dynamic rental markets. Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors. Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers — the kind of location that keeps units filled and turnover low.

1273 Chestnut, Long Beach

$1,650,000

IV26125033 MLS ⋅ Active Status

!!LOOK NO FURTHER!! TRULY MOTIVATED OWNER JUST LOWERED THE PRICE 8/17/2026 !!!A SMALL BIT OF PARADISE!! COME ENJOY BELMONT SHORES/ NAPLES ONE OF A KIND LOCATION!!! LOW MAINTENANCE!! LIVE IN 1 AND LEASE THE OTHER!!!CORNER LOT, CHARMING HOMES, 2 BEDROOM 1 BATH EACH, THE 2 STORY UNIT HAS A VIEW OF THE WATER!! BOTH INCLUDE A PRIVATE PATIO AREA!!THESE BUNGALOW HOMES ARE IN MOVE IN CONDITION, VERY TASTEFULLY REMODELED WITH DARK WOOD FLOORS AND SOME TILE FLOORING IN KITCHEN WHERE ITS BRIGHT AND AIRY, WHITE QUARTZ COUNTER TOPS FOR THOSE CHEF COOKING DAYS, PORCELAIN SINK AND WOOD CABINETS!!STAINLESS STEEL APPLIANCES AND ELECTRIC RANGE, ALONG WITH A GAS RANGE IN 2ND UNIT !!CUSTOM WINDOW FIXTURES, THE 2 STORY UNIT HAS TRAVERTINE STAIR, WITH IRON RAILINGS THAT LEAD TO 2ND STORY, WHERE BEDROOMS ARE LARGE WITH WALKIN CLOSETS...AND IF THATS NOT ALL YOU HAVE FRUIT TREES A WALK WAY THAT LEADS TO YOUR 2 CAR GARAGE, AND THEN YOU CAN ENJOY ALL THOSE STROLLING SUNSETS TO NAPLES CANAL/ THE ENCHANTING BOAT PARADE, THE PARK AND BEACHES!! CONCERTS IN THE PARK WONDERFUL DINING..A MUST SEE, COME AND IM SURE YOU'LL BE ENCHANTED WITH THESE HOMES!!!

5653 E 2nd, Long Beach

$1,600,000

PW26122313 MLS ⋅ Active Status

Well-Maintained 7-Unit Apartment Investment with Strong Cash Flow. Exceptional opportunity to acquire a well-maintained 7-unit apartment property located in Long Beach's desirable South Wrigley neighborhood. Situated on a 7,500 square foot lot with approximately 4,919 square feet of improvements, this income-producing asset offers strong in-place cash flow, recent capital improvements, and immediate upside potential. The property consists of two upstairs 1-bedroom/1-bath units, four downstairs 1-bedroom/1-bath units, and one spacious downstairs 2-bedroom/1-bath unit. One of the upstairs has been updated with new luxury vinyl plank flooring and refreshed interior finishes. Several units are currently being utilized with additional rooms beyond their original layouts. Four of the downstairs 1-bedroom units are being used as 2-bedroom units, while the larger downstairs unit is currently utilized as a 3-bedroom unit. Ownership has completed numerous capital improvements, including electrical service upgrades in 2025, copper repiping of the upstairs units, replacement of gas lines, installation of a copper main water supply line, and ongoing roof maintenance. Each unit is individually metered for gas and electricity, helping reduce owner-paid utility expenses and improve operating efficiency. The property currently generates approximately $13,075 per month in gross rental income and is offered at an attractive 6.4% cap rate and 10.20 gross rent multiplier (GRM) based on current operations. Investors may benefit from favorable financing options, with the property potentially qualifying for financing with approximately 25% down. Additional amenities include four garages, on-site parking, and a desirable courtyard-style layout that enhances tenant appeal. Conveniently located near Pacific Coast Highway, Downtown Long Beach, public transportation, shopping, dining, and major employment centers, this property is well-positioned to benefit from continued rental demand and long-term appreciation. This is a rare opportunity to acquire a stabilized multifamily investment offering strong current returns, recent capital improvements, vacancy upside, and significant long-term growth potential.

1876 Henderson Avenue, Long Beach

$1,275,000

8 Baths ⋅ 26844683 MLS ⋅ Active Status

PRICED REDUCED TO SELL - 9.5 GRM AND 6.5% CAP AT CURRENT RENTS. Earn over a 8% Cash on Cash Return. 8 units in Downtown Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). It's located down the street from the new library and right next to $8BB in brand new construction. The buiding has a Walk Score of 90 and is ideally located close to mass transportation as well as shopping and restaurants. The property is professionally managed and well maintained. The main electrical panel is 200 AMPS and the subpanels are 30 AMPS - Buyer to verify. The building also features copper plumbing - Buyer to verify. And it has newer vinyl windows. All unit interiors and hallways were updated in the past 5 years including new paint, fixtures and flooring. And the property got a new roof in 2025. There are 8 private storage rooms in the basement where the laundry is located. These are currently vacant but could be given to tenants as an amenity or leased out for $50-75/month. 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. Qualified Buyers can obtain a 27% down, 5 year loan fixed at 5.40%, Interest Only.

322 Daisy Avenue, Long Beach

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