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$3,200,000
SB26197731 MLS Active Status
We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside through modest rent growth and potential garage-area ADUs. At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well- renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalization and potential future ADU development. The property offers investors a true ease-of-management opportunity. Current ownership extensively renovated the building with the intention of holding it for the long term, completing comprehensive upgrades while preserving its original 1930s Spanish-style character. The rehabilitation was executed with that character in mind, including restoration of original oak flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized quality, durability and longevity. With the renovated units leased at market rents, a new owner benefits from immediate stabilized income without the execution risk, downtime or capital requirements typically associated with a value-add renovation program. Importantly, the pro forma rents can be achieved through annual rent increases alone, with no further capital expenditure required. 1211 Magnolia Avenue is situated in Long Beach’s Willmore neighborhood, just minutes from Downtown Long Beach, its waterfront amenities and the 710 Freeway.

1211 Magnolia Avenue, Long Beach

$949,000
3 Beds 2 Baths SB26197530 MLS Active Status
NEWLY REMODELED & INCREDIBLE INVESTMENT OPPORTUNITY! Located in a great Westside neighborhood and within walking distance to elementary, middle, and high schools, this extensively upgraded property offers an exciting opportunity to become a landlord, live in one unit while renting the others, or add a versatile income property to your investment portfolio. Originally a single-family home, the property is being transformed into a three-unit residence. The original unit has been completely remodeled from top to bottom and features 1 bedroom, 1 bathroom, and approximately 888 square feet of beautifully updated living space with a brand-new interior. The second unit is new construction, featuring 2 bedrooms, 1 bathroom, and approximately 700 square feet (buyer to verify; permit pending). The unit features a fresh, modern interior with all-new finishes. The third unit is a planned garage conversion into an approximately 450-square-foot ADU (buyer to verify; permit pending). The ADU will feature a brand-new, fully upgraded interior, with the exciting opportunity for the buyer to select certain finishes and personalize the space. Situated on a large 5,000+ square-foot lot, the property offers a long driveway, covered carport, ample street parking, and convenient alley access behind the property for additional parking and access. A grassy front yard provides a welcoming outdoor area for relaxing and enjoying the Southern California lifestyle. With three potential living spaces, extensive upgrades, new construction, a desirable Westside location, and convenient access to local schools, this property offers tremendous flexibility. Live in one and rent the others, create a multigenerational living setup, or take advantage of the property's investment potential

2470 Webster, Long Beach

$2,250,000
AR26188327 MLS Active Status
Prime 9-unit multi-family investment and potential condo conversion opportunity in a high-demand, low-vacancy Long Beach neighborhood! Built in 1987, this exceptionally updated, well-maintained, turn-key, three-story walk-up building offers approximately 7,000 rentable square feet featuring a strong unit mix of seven 2-bedroom/2-bathroom units and two 1-bedroom/1-bathroom units. Select 2-bedroom residences enjoy private balconies and patios. Tenants benefit from a quiet, well-managed environment with gated intercom entry, security doors, and secured gated parking. Units are separately metered for gas and electricity. Convient location—just one block north of 10th Street and east of Walnut Avenue—close to shopping, dining, and transit. Fully occupied with stable, quality tenants and current rents well below market rates, this property offers an outstanding turn-key asset with immediate upside and massive cash flow growth potential!

1025 Gaviota Avenue, Long Beach

$2,590,000
PW26197030 MLS Active Status
Located in one of the most coveted, supply constrained submarkets in SoCal, 1720 Petaluma Ave is situated in East Long Beach, just 0.5mi from CSULB's campus. The property is a new construction, purpose built student housing opportunity consisting of two spacious, detached units on an oversized lot. Grossing $182,580 annually, 1720 Petaluma's units consist of a front house 7 bedroom/7 bath open floorplan unit, and a rear home 4 bedroom/4 bath unit with expansive 15ft ceilings and ample natural light. Both units benefit from high end appliances, luxury finishes, and ensuite, private bathrooms. Each unit has dedicated laundry machines, private patios, and a large back yard with a lounge area and spa for tenants' enjoyment. Given the lack of available CSULB student housing, these high-end, new construction units have had consistent, overwhelming rental demand. Additionally, each lease comes with parental co-signer guarantees, and tenants pay 100% of utilities. 1720 Petaluma is priced attractively at a 5% cap rate with another 13% in NOI upside. This opportunity provides access to a strong and steady renter base, a unique hedge against CA rent control, strong rental upside, and long term appreciation in an A+ location.

1720 Petaluma Ave, Long Beach

$888,000
SB26196998 MLS Active Status
We are pleased to present 1071 N Almond Ct, a five-unit apartment building and multi-layered value-add opportunity in a strong Long Beach infill location. The building is 3,221 SF, sits on a 4,257 SF lot, and benefits from a strong unit mix of (3) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. At $177,600/unit and $275.69/SF — both well below comp averages — the offering represents an attractive entry basis in a tightly held submarket. At a 3.5% CAP rate and 15.8 GRM on current in-place rents, this offering carries roughly 125% in rent upside, which would impute a 10.1% Market CAP and 7.0 Market GRM on stabilized market rents. Four units are occupied at rents well below market; the rear unit will be delivered vacant and requires full renovation. Further, the building benefits from efficient lot coverage, with a detached rear garage presenting a potential ADU conversion candidate and a second garage ADU opportunity once the rear building is renovated (buyer to verify). In addition, the property scores 93 on Walk Score and sits roughly three miles from the Port of Long Beach, which supports an estimated one in five jobs citywide. Demand is further supported by Anduril's $1 billion Douglas Park campus and its roughly 5,500 projected jobs. Full build-out of highest and best use is modeled at a 16.1% unlevered IRR over a 7-year hold. See OM for details. Offered as-is, where-is; buyer to verify zoning, rebuild rights, and ADU eligibility with the City of Long Beach.

1071 N Almond Court, Long Beach

$1,595,000
SB26196309 MLS Active Status
Perfectly located mid-century 6 unit on a full sized lot with 3800 square feet of rentable space. Great unit mix with four 1 bed/1 bath units, one 2 bed/1 bath unit, and one 2 bed/1.5 bath unit including attractive outdoor private spaces. Well priced on actual income at 11.14X GRM. Ample parking including one enclosed garage and 4 surface spaces. Select units have in-unit laundry plus a community laundry room for additional income. 5 out of 6 units recently remodeled and all electrical sub-panels recently replaced. Perfect 1031 exchange up-leg property. Excellent Eastside location demonstrating consistent rental demand. Only minutes from Cal State Long Beach, Traffic Circle, Wilson High, and Rec Park. Just North of Belmont Heights and only 1 block to the greenbelt.

3622 E 11th, Long Beach

$1,850,000
PW26196305 MLS Active Status
This offering presents an excellent turnkey acquisition opportunity: converted from a creative office building into an apartments in 2020, this building is not subject to rent control. 944 Pacific Avenue features four one-bed/one-bath units, one two-bed/one-bath, and one two-bed/two-bath unit. Unit interiors boast modern finishes, in-unit laundry, and mini splits to support rental demand. The units are separately metered for all utilities; with tenants paying their own gas, electric, and water, owner expenses are minimized. The building also offers controlled access, a landscaped courtyard with patios, and a large parking lot with an E/V charger. The building’s electrical and plumbing were updated during the building use conversion. The property is located in Downtown Long Beach, offering easy access to major employers, retail, and attractions. This transit-friendly location is also just three blocks from the Metro E Line and proximate to the 710 Freeway.

944 Pacific, Long Beach

$1,465,000
PW26195658 MLS Active Status
Located in the highly sought-after Los Cerritos area of Long Beach, this exceptional property features two well-maintained homes on a spacious lot with beautifully landscaped grounds. The front house offers approximately 2,000 square feet of living space with 3 bedrooms and 2.5 bathrooms. It includes a freshly painted interior and new flooring, an oversized attached two-car garage, and a large driveway providing ample parking. The separate rear unit is approximately 1,260 square feet and features 3 bedrooms and 2 bathrooms, along with a private rooftop deck perfect for relaxing or entertaining. This unit also includes a detached two-car garage, which offers excellent potential to be converted into an additional ADU. All of this sits on a generous 9,163-square-foot flat lot, offering flexibility, privacy, and investment potential. A truly unique property and a must-see.

3622 Pacific, Long Beach

$1,200,000
RS26193414 MLS Active Status
Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.

2421 Magnolia, Long Beach

$1,800,000
PW26193985 MLS Active Under Contract Status
Masterfully Reimagined Investment Opportunity on an oversized lot with 3 units constructed in 2025 and 3 renovated units originally built in 1956. This exceptional multifamily property has been extensively transformed creating a great income for the new owner. This premier six unit asset has undergone an extensive renovation with premium-quality finishes throughout, offering the ideal balance of classic character and contemporary luxury. The three newly constructed units have been thoughtfully modernized for today’s lifestyle - complete with mini-split climate control systems, upgraded electrical, and entirely new plumbing throughout the property. Further enhancing the property’s value and versatility are approved plans for 1 additional unit. Each ADU has been carefully crafted with privacy, functionality, and style in mind, offering private in unit laundry, thoughtfully designed floor plans, and refined interiors that maximize both comfort and efficiency. Additionally, the property features a driveway for two vehicles and a large area for other parking. Located in a quiet residential neighborhood close to highways.

2037 W Lincoln, Long Beach

$999,000
PW26192707 MLS Active Status
Positioned along a high-visibility stretch of Long Beach Boulevard between Bixby Knolls and California Heights, 3937 Long Beach Boulevard presents a versatile mixed-use investment opportunity with three separate units and multiple income and occupancy possibilities. The property consists of three units: a spacious upstairs 2-bedroom, 2-bath residential unit, a ground-level 1-bedroom, 1-bath unit with two separate front entrances, and a ground-level 1-bedroom, 1-bath unit with a private side entrance. Units A and B are currently occupied by long-term residential tenants, providing immediate rental income, while Unit C will be delivered vacant, offering the new owner flexibility for future use. The property's Community Commercial Auto-Oriented (LBCCA) zoning provides a range of potential commercial and residential opportunities, subject to City approval and verification. The vacant ground-floor Unit C offers an especially compelling opportunity for an owner-user, professional office, creative studio, personal-service business, or other permitted use, while also retaining the option to use the space as a residential rental. Located directly on Long Beach Boulevard, the property benefits from excellent visibility and convenient access to major transportation corridors, including the 405 and 710 freeways, as well as Long Beach Airport. Its location places it within close proximity to the established businesses, restaurants, and community amenities of Bixby Knolls and California Heights. For an investor, owner-user, or entrepreneur seeking a property with existing residential income, flexible unit configuration, commercial exposure, and future upside, 3937 Long Beach Boulevard offers a rare opportunity in one of Long Beach's established commercial corridors.

3937 Long Beach, Long Beach

$1,725,000
PW26191529 MLS Active Status
Wonderful opportunity to own a corner-lot duplex in the heart of Belmont Shore. Built in the 1920's & located on the most fabulous tree-lined street, just 2 blocks from the beach! Classic Spanish charm that consists of two spacious 2- bedroom, 1-bath units each approximately 1000+ square feet. Throughout the home, you'll find the classic architectural details that make this beach house special ; arched doorways, darling tile, textured stucco, built-ins, nooks, and beautiful exposed wood beamed ceilings. The interiors retain their charm but also provide modern day upgrades like remodeled baths, central heat and air, tankless water heaters and laundry rooms with new appliances. The upstairs unit provides a wonderful outdoor deck, perfect for a summer night grill and chill. Property has 2 separate single garages. Great income potential for owner occupant or add to your coastal lifestyle portfolio. Location, Location, moments away from restaurants, shopping and everything Belmont Shore has to offer. Truly a must see!!

141 Glendora Avenue, Long Beach

$1,649,000
SB26192471 MLS Active Status
Well-located 4-unit income property in the Greenbelt Heights pocket of Long Beach's Recreation Park neighborhood, just north of Belmont Heights. All four units are large 2-bed/1-bath floor plans with in-unit laundry, an individual water heater, and separate gas and electric meters. Two units are fully renovated with new kitchens, baths, flooring, appliances, and laundry hookups; the other two are occupied by long-term residents. Unit D includes a private, 600+ SF fenced sun deck. Seven total parking spaces: 3 single-car garages with tandem driveway parking, plus 1 open space. Currently producing $115,260 in annual rent. Ideal owner-user play – live in one unit and let the other three help cover the mortgage (FHA/conventional financing may apply on 4 units or fewer – verify with lender). Minutes to Recreation Park, Colorado Lagoon, Marine Stadium, Belmont Shore's 2nd Street, CSULB, and Wilson High School. Buyer to verify all information.

817 Mira Mar, Long Beach

$2,275,000
11 Beds 9 Baths 26880381 MLS Active Status
North Long Beach income property with consistent demand, proximate to major Los Angeles employment hubs and local transit. 6626 Orizaba ($1,175,000) to be sold w/ 6620 Orizaba Ave ($1,100,000) for a total of 9 units, across 2 continuous parcels, for a combined approx 10,800 SF lot and 4,213 SF building. Well-located complexes off the 91/710 freeways, ideal for developers (demolish to rebuild on the lots), owner-occupants, or investors. ***1ST PARCEL (6626 Orizaba): This 2-story complex, containing 4-units, all 2-1, was built in 1964, encompasses 2610 sq ft of building and a 5,339 sq ft lot. One of the occupied units has a uniquely large room that tenants use like a 3-1. Two of the units are vacant: easier to renovate to specific tastes. One unit needs a remodel; the other can be spruced up to personal preference. Both vacancies have recent window upgrades. All 4-units have recently been re-piped w/ more shut-offs. Up-to-date pest protection (completed in 2024) and a worry-free, drought-tolerant yard. Detached 2-car garage (currently used for storage due to orientation on the lot) offers prime ADU conversion potential; maximize yield by exploring a city parking waiver to optimize site layout. Alternatively, consider splitting the structure to create a dual-income stream by converting half into an ADU, monetizing the remainder as premium tenant storage. There is plenty of on-site parking. A coin washer/dryer is managed by Wash Laundry and paid out $993 last yr. Tenants pay their own electricity & gas. The 2 occupied units are paying $3,550 monthly & there is room to increase to market. Upon remodeling, the other two could generate $2,000-2,200+ each. *** 2ND PARCEL (6620 Orizaba): Single-story 5-units, built in 1950, encompasses 1603 sq ft. of building and a 5,254 sq ft lot. The building was added onto w/ permits. Healthy mix of 5 units: one is 1-1, one is a hybrid 1-1/S, and three efficient studio units (including two micro-studios) optimized for high-yield urban living. Plenty of on-site parking, & coin laundry income in the next building is shared w/ Wash Laundry. It has been re-piped; 2 units were electrically upgraded, the roof is newer, the lawn is drought-resistant (no watering needed), & it is master metered w/ utilities incorporated into rents. Rents range from $900-2,075 & current monthly rent total is $6,700, w/ room to increase some units to market-level rents. This dual-parcel package delivers solid in-place cash flow today with clear near-term upside through unit renovations, rent optimization, and longer-term redevelopment or ADU potential: a rare combination of immediate income and future scalability in North Long Beach. Drive-by only / Do not disturb tenants.

6626 Orizaba Avenue, Long Beach

$1,099,999
IG26192066 MLS Active Status
POLY HIGH SCHOOL DISTRICT INCOME OPPORTUNITY! Rarely available, this recently remodeled property offers four separate dwellings designed to maximize income potential. The front duplex features updated 2-bedroom/1-bath units, complemented by two newly constructed 1-bedroom/1-bath ADUs, creating an exceptional multi-unit investment opportunity. Each residence offers its own private living space, while dedicated private parking adds significant convenience and value. Ideally located in Long Beach’s desirable Poly High School District, close to shopping, dining, schools, transportation, and major freeways. Whether you're looking to expand your investment portfolio, house multiple generations, or generate multiple rental streams, this property delivers flexibility, modern upgrades, and outstanding income potential.

1972 Olive, Long Beach

$1,200,000
CV26192056 MLS Active Status
Beautifully Remodeled Duplex in Desirable Belmont Heights! Located in one of Long Beach’s most sought-after coastal areas, this beautifully remodeled duplex offers an exceptional opportunity for investors or owner-users. The property features two spacious 2-bedroom, 2-bathroom units, a two-car garage, and new landscaping that enhances the property’s curb appeal. Completely remodeled with permitted improvements, the property combines modern finishes with the charm of its established neighborhood. Enjoy the convenience of being just minutes from the beach, Belmont Shore, and vibrant 2nd Street, known for its popular restaurants, boutique shopping, and relaxed coastal lifestyle. A rare opportunity to own a turnkey multifamily property in a highly desirable Long Beach location.

648 Mira Mar, Long Beach

$1,630,000
PW26190928 MLS Active Status
Exceptional value-add opportunity in the City of Long Beach! This SB 721 compliant 8-unit apartment building features a desirable unit mix of six 1BD/1BA and two 2BD/1BA units, offering investors immediate upside potential and long-term NOI growth. Four vacant units provide a new owner with immediate control to renovate and re-tenant at current market rents, while remaining tenants sit below market — creating additional upside through natural turnover. The property is well-positioned for continued rent growth in one of Long Beach's strongest rental corridors. Key highlights include a pitched roof, upgraded electrical, on-site laundry, and four dedicated parking spaces — a rare amenity in this submarket that drives leasing demand and tenant retention. Additional income is generated through parking and laundry facilities. The on-site garage presents a compelling ADU conversion opportunity (Buyer to verify with City), offering a clear path to increased density and long-term asset appreciation. Do not disturb tenants.

1136 Linden Avenue, Long Beach

$1,088,800
OC26190608 MLS Active Status
**Excellent 4-Unit Income Property with Strong Upside Potential! ** Interiors are remodeled previously; low-maintenance, well-maintained building with great tenants and excellent potential for future rent growth. The property features a **spacious backyard offering potential for additional ADU development, including the possibility of a two-story configuration, subject to city approval and buyer verification**. Ample parking includes **3 Carport spaces plus a 1-car garage**. Conveniently located with easy access to major freeways, nearby strip malls, and within walking distance to the police station and YMCA. A great opportunity for investors looking for **stable rental income with additional future development and income potential**

5174 Linden, Long Beach

$1,850,000
PW26189345 MLS Active Status
Introducing 406–420 E 7th Street and 652–654 Elm Avenue, Long Beach, CA 90813, a rare three-building, eight-unit mixed-use property located at the corner of 7th Street and Lime Avenue. The property consists of five residential units and three commercial units spread across three separate detached structures, providing a well-diversified income stream. The unit mix includes a detached 2-bedroom, 1-bathroom single-family bungalow at 420 E 7th Street, a mixed-use building at 412 E 7th Street containing three ground-floor retail units with two second-story apartments, and a two-story residential duplex at 652–654 Elm Avenue with one unit upstairs and one downstairs. The property is zoned LBPD-30 and offers excellent visibility with 150 feet of frontage along E 7th Street and 50 feet of depth along both Linden and Elm Avenues. Located on the border of the East Village Arts District, the property benefits from strong walkability and close proximity to downtown Long Beach restaurants, retail, nightlife, cultural attractions, public transportation, and major employment centers. The property is located within the LBPD-30 Downtown Planned Development Zone, which is intended to encourage higher-density, mixed-use redevelopment and provides flexibility for future development potential, subject to City of Long Beach approvals. Financial highlights include actual gross annual income of $201,576 and a Gross Rent Multiplier (GRM) of 10.05, with potential upside through rental growth and strategic management. Due to the mixed-use nature of the asset, the property will qualify for commercial financing, typically requiring approximately 30% down payment for qualified buyers. With multiple detached buildings, diversified income streams, redevelopment potential, and a prime corner location, this property represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation.

406 E 7th, Long Beach

$1,100,000
SB26183509 MLS Active Status
Rarely does a mixed-use property offer this much flexibility, visibility, and income potential. Positioned along a highly visible stretch of Atlantic Avenue with 30,000+ vehicles passing by each day, this unique property combines three street-facing commercial spaces, residential living, and a recently completed garage-conversion ADU into one compelling opportunity. For the income-focused investor, multiple existing revenue streams create a strong foundation, with three commercial spaces plus residential income and additional upside as rents and occupancy are optimized over time. With several different income sources under one roof, this is the kind of asset that offers diversification, flexibility, and plenty of ways to enhance long-term value. The original three-bedroom, three-bath residence is currently being used as a two-bedroom, two-bath living area and a one-bedroom, one-bath living area, creating added versatility within the residential portion of the property. Behind it, the recently completed garage-conversion ADU offers approximately 1,200 square feet with two bedrooms plus an office/bonus room, two baths, laminate flooring, quartz countertops, wall-mounted air conditioning, and two parking spaces. Three separate exterior doors provide exceptional access and added flexibility in how the space can be occupied and enjoyed. Freshly finished and currently vacant, it offers an immediate opportunity for additional rental income or owner occupancy. That flexibility creates several compelling ways to make the property work. An investor can benefit from diversified commercial and residential income. An owner-occupant may choose to live on-site while the remaining income-producing portions help offset ownership costs. A business owner could occupy one of the retail spaces while benefiting from income generated elsewhere on the property. And for the live-work buyer, the ability to live and operate a business from the same property is especially hard to replicate. Add in the exposure of Atlantic Avenue, three commercial storefronts, multiple existing tenants, a freshly completed ADU, and the ability to combine business, residential, and investment uses in one location, and the opportunity becomes even more compelling. High visibility. Multiple income streams. Owner-user potential. Live-work flexibility. And more than one way to unlock the value. This is not a one-size-fits-all property. That is exactly what makes it so interesting.

1844 Atlantic Avenue, Long Beach

$3,850,000
26908925 MLS Active Status
Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!

154 Elm Avenue, Long Beach

$1,019,000
PW26188720 MLS Active Status
Welcome to this beautifully updated 1920s Craftsman, where classic character meets modern style and functionality. Thoughtfully remodeled while preserving its timeless Craftsman charm, this property offers two well-appointed units with matching layouts and a cohesive design throughout. Both units feature open-concept living spaces, beautifully updated kitchens, new flooring in a warm light-brown tone, and refreshed bathrooms with stylish tilework, modern vanities, and updated plumbing. The mirrored floor plans provide a uniform, polished feel and make this property an excellent opportunity for both owner-occupants and investors. With its combination of historic charm, modern upgrades, and long-term investment potential, this turnkey Craftsman is a property worth seeing.

4027 E 11th, Long Beach

$1,625,000
PW26188303 MLS Active Status
Pride of Ownership Spanish Duplex – Two Homes in One, Fully Rebuilt from the Inside Out. Both to be delivered vacant. Rare opportunity in the heart of Long Beach’s East Village / Downtown beach community: This 3,284 sqft Duplex is comprised of two nearly identical ~1,600 sq ft residences (ground-floor + second-floor) that live and feel like two separate single-family homes. The previous owner completed a no-expense-spared full gut remodel for himself and his mother — new wiring, new electric panels, new roof, plumbing, and ducting throughout. Central A/C can be added easily to the existing central heat. Every surface was upgraded while preserving original Spanish character: arched picture windows, coved ceilings, pristine hardwood floors, custom cabinetry, recessed lighting, and a whole-house speaker system. Each unit currently offers 2 bedrooms + 2 baths plus a large formal dining room off the entry that converts easily to a third bedroom (creating two 3-bed/2-bath rentals). Layout consists of a primary suite with en-suite bath, second bedroom, hall bath, dining room (that can be your 3rd bedroom) oversized living room with built-ins, and eat-in kitchen with granite counters, island, stainless appliances, and abundant storage. The upstairs unit adds a fireplace, private balcony, and convenient third-floor laundry room (side-by-side washer/dryer + sink) with roof access — ideal for future rooftop entertaining or build-out. Separate utilities already in place: two 50-gallon water heaters, two gas meters, two water meters (second city-side service installed and ready to connect to the other unit or future ADU), and three electric meters (one dedicated to exterior lighting). Huge additional upside with ADU potential above the large 2-car garage in back. Off-street parking is a major plus: automatic security gate, long driveway for extra vehicles, 2-car garage plus additional space for motorcycles, EV 240v plug installed, toys, or workshop. Private backyard patio with exterior flood lighting and string lights for outdoor living. Live in one and rent the other, occupy both with extended family, or convert to high-demand 3-bed rentals. Just one block from the beach and a short walk to the energy of East Village, shops, restaurants, and the Downtown Long Beach waterfront. This is turn-key, like-new construction wrapped in authentic 1920s Spanish charm — ready for its next chapter as a primary residence, multi-generational compound, or strong income property.

1131 E 2nd, Long Beach

$725,000
3 Baths 26862447 MLS Active Status
An income-producing, recently remodeled triplex near the bustling downtown area and Long Beach Community College. Just five minutes from Alamitos Beach, this property offers easy access to the 710 and 405 freeways, making it highly desirable and easy to find tenants seeking both convenience and coastal living. Remodeled in 2021, the property features a newer roof, upgraded bathrooms, and fresh interior and exterior paint. Additional enhancements include new flooring in Unit B's main living area, energy-efficient split units in all three units, and improved downspout efficiency for better roofing performance. This triplex generates strong rental income, with all units currently on month-to-month leases. Unit A rents for $1,725, Unit B rents for $1,782 and Unit C is $1680 per month. Each unit is in excellent condition, and with reliable tenants in place, this turnkey investment offers immediate cash flow and minimal vacancy risk. With limited multi-unit properties available at this price point in Long Beach, this is a rare chance to own a well-maintained, income-generating asset in a high-demand rental market. Don't miss out on this exceptional investment!

1442 Alamitos Avenue, Long Beach

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