Long Beach Homes with Mixed Use Subtype

Long Beach Homes with Mixed Use Subtype

Welcome to Long Beach, California—a vibrant coastal city nestled in Los Angeles County, where the sun-kissed beaches meet a bustling urban landscape. Known for its rich cultural diversity, Long Beach boasts a lively arts scene, a thriving waterfront, and a plethora of recreational activities that cater to everyone. From the iconic Queen Mary to the picturesque Shoreline Village, this city is brimming with charm and excitement.

One of the most appealing aspects of Long Beach is its unique housing options, particularly homes with a mixed-use subtype. These properties seamlessly blend residential and commercial spaces, offering a dynamic lifestyle that is perfect for those who appreciate convenience and community. Imagine living just steps away from your favorite café or boutique, allowing you to immerse yourself in the local culture without sacrificing the comforts of home.

Mixed-use homes in Long Beach are designed for modern living, often featuring open floor plans, contemporary finishes, and easy access to public transportation. This innovative approach to real estate not only fosters a sense of community but also supports local businesses, making it an ideal choice for entrepreneurs and families alike.

Whether you’re looking for a chic loft in the heart of downtown or a cozy bungalow near the beach, Long Beach's mixed-use properties offer a unique opportunity to enjoy the best of both worlds. Experience the vibrant lifestyle that Long Beach has to offer—where your home is not just a place to live, but a gateway to a thriving community. Come and discover your dream home in this enchanting city today!

Newest Long Beach Homes with Mixed Use Subtype

1128 Temple, Long Beach
$2,500,000
PW26236589 MLS ⋅ Active Status
1128 Temple Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1987, the three-story property features 100% spacious two-bedroom/two-bathroom residences averaging approximately 956 square feet. Four of the eight units offer private balconies, while additional amenities include 13 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,500,000, the property presents a compelling value proposition with pricing metrics that compare favorably to recent sales. The projected 6.55% capitalization rate exceeds the comparable average of 5.95%, while the 9.80 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's attractive relative valuation and competitive income potential. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,495 per unit, approximately 2% below the surveyed comparable average of $2,547. This measured underwriting approach provides investors with additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment base, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $163,695, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1128 Temple Avenue offers investors a compelling opportunity to acquire a well-located asset at a favorable basis relative to recent comparable transactions.

1128 Temple, Long Beach

1074 Redondo, Long Beach
$2,625,000
PW26236605 MLS ⋅ Active Status
1074 Redondo Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1989, the three-story property consists of 100% spacious two- bedroom/two-bathroom residences averaging approximately 973 square feet. Each unit is equipped with HVAC and a private balcony, while additional amenities include 14 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,625,000, the property presents a compelling investment opportunity with pricing and income metrics that compare favorably to recent transactions. The projected 6.54% capitalization rate exceeds the comparable average of 5.95%, while the 9.87 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's competitive acquisition basis and attractive projected income potential relative to comparable multifamily assets. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,595 per unit, approximately 8.2% below the surveyed comparable average of $2,828. This measured underwriting approach provides investors with meaningful additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment centers, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $171,753, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1074 Redondo Avenue offers investors a compelling opportunity to acquire a well-located, newer-vintage multifamily asset with competitive pricing and potential for long- term income growth.

1074 Redondo, Long Beach

724 Temple, Long Beach
$1,355,000
PW26228215 MLS ⋅ Active Status
724 Temple Avenue is a six-unit apartment building located in the desirable Rose Park neighborhood of Long Beach. The property features five one-bedroom units and one two-bedroom/one-bathroom unit. Built in 1952, this single-story apartment building sits on an approximately 6,132-square-foot lot and offers seven on-site parking spaces, on-site laundry, and numerous capital improvements. Recent improvements include an updated electrical panel, copper plumbing, a new water heater, vinyl plank flooring throughout all units, and fresh exterior paint. The property's location in Rose Park offers residents convenient access to Long Beach's established residential neighborhoods, local restaurants, cafés, neighborhood retail, and everyday amenities. Situated near the East 4th Street corridor, residents can enjoy the area's popular dining and shopping destinations while benefiting from convenient access to Downtown Long Beach, California State University, Long Beach, and the coastal amenities that make the city an attractive place to live. The surrounding area combines neighborhood charm with urban convenience, supporting demand from renters seeking an accessible Long Beach location. With its functional unit mix, seven on-site parking spaces, on-site laundry, recent capital improvements, and potential for rental growth, 724 Temple Avenue presents an attractive opportunity for investors seeking a multifamily asset in an established Long Beach neighborhood. Note: The property is not located within the Rose Park Historic District.

724 Temple, Long Beach

1809 E Appleton, Long Beach
$3,700,000
PW26228231 MLS ⋅ Active Status
1809 E. Appleton Street, known as The Lumina, is an 11-unit multifamily property located in the highly desirable Alamitos Beach neighborhood of Long Beach. Situated within one of the city's most established coastal rental markets, the property benefits from proximity to the Pacific Ocean, a highly walkable urban setting, and an extensive concentration of dining, retail, and entertainment amenities that continue to attract a broad base of renters. Built in 1961, the property features a desirable unit mix of ten (10) spacious 1BD/1BA residences averaging approximately 825 square feet and one (1) 2BD/2BA residence measuring approximately 998 square feet. The generous floor plans, abundant natural light, and functional layouts provide a competitive advantage over smaller vintage apartments commonly found throughout the surrounding coastal neighborhoods. The property has benefited from approximately $175,000 in recent capital improvements, including roof system restoration, extensive exterior refinishing and painting, front-facing window replacements, upgraded exterior lighting, landscaping enhancements, and general building repairs. Interior improvements to two units further complement the property's refreshed appearance. Collectively, these investments enhance the asset's marketability and reduce certain near-term capital expenditure requirements for a new owner. The Lumina offers additional income growth potential through its existing rental operations. Current one-bedroom rents average approximately $1,997 per month, compared with $2,350 per month for nearby rental comparables, indicating approximately 18% potential rental upside. Investors may benefit from gradual rent growth through natural turnover and strategic leasing, subject to applicable rent regulations. On-site laundry and six (6) garages provide supplemental income, while the garage configuration presents a potential longer-term ADU conversion opportunity, subject to feasibility and municipal approvals. Alamitos Beach remains a desirable Long Beach rental submarket, distinguished by its coastal location, pedestrian- oriented environment, and established residential character. With a 94 Walk Score and 89 Bike Score, the neighborhood offers convenient access to beaches, neighborhood retail, restaurants, and recreational amenities. Its combination of lifestyle appeal and limited opportunities for new multifamily development supports the property's long-term competitive positioning.

1809 E Appleton, Long Beach

601 Pine Avenue, Long Beach
$3,995,000
PW26228166 MLS ⋅ Active Status
601 Pine Avenue presents a rare value-add opportunity to acquire a substantial historic commercial property in the heart of Downtown Long Beach at an exceptionally low basis of $3,995,000, or approximately $95 per SF. The property consists of an approximately 42,321 SF freestanding commercial building situated on approximately 17,502 SF of land and was formerly occupied by Rite Aid. The building offers a flexible multi-level layout suitable for retail, storage, showroom, fitness, office, creative, or other commercial uses, subject to applicable approvals, and presents multiple potential strategies for an owner-user, investor, or developer. Rite Aid historically utilized the property as a multi-level retail department store, with retail operations extending throughout multiple levels of the building. More recently, the ground floor was used for active retail sales, while the basement, mezzanine, second floor, and third floor were used primarily for inventory storage and support uses. The approximately 2,236 SF mezzanine is believed not to be included in the stated approximately 42,321 SF building area, and the rooftop may offer additional amenity potential, subject to approvals. The building is currently vacant, allowing a purchaser to occupy all or a portion of the property, lease it to a single user, or reposition it for multiple tenants. Based on current preliminary assumptions, the existing building could potentially be stabilized as retail/storage at an estimated ~12.5% cap rate, creating a rare value-add opportunity at the current basis. The property includes approximately 10 parking spaces on the same parcel, while the neighboring 127 W 6th Street lot, separately offered for sale, currently provides approximately 21 additional parking spaces, including an ADA space, with potential to restripe for up to approximately 26 spaces, subject to final layout and approvals. Additional City public parking is located essentially across the street at 50 E 6th Street, providing more than 1,000 additional public parking spaces for customers, tenants, employees, and visitors.

601 Pine Avenue, Long Beach

76 62nd, Long Beach
$2,600,000
2 Beds ⋅ 3 Baths ⋅ PW26219275 MLS ⋅ Active Status
Rarely does an opportunity arise on this versatile surface in the heart of the Long Beach Peninsula. Situated on the coveted Bay Side of Alamitos Bay, this mixed-use gem offers a sophisticated blend of coastal lifestyle and turnkey business potential. Whether you're an investor looking for a high-visibility trophy property or an entrepreneur dreaming of a true live-work setup by the water, this is the one. The ground floor is home to a fully operational, beautifully remodeled restaurant space. Every detail has been curated to provide a modern, welcoming atmosphere for guests, making it a standout destination in one of Southern California's most iconic beach communities. With a prime location that draws both locals and visitors enjoying the bay, the commercial potential here is unmatched. Upstairs, the property transitions into a private, stylish retreat. The upgraded apartment features contemporary finishes and an open layout that feels both airy and intimate. The true highlight is the expansive private patio—an incredible outdoor space to soak in the coastal breeze and enjoy the unique energy of the Peninsula. Step out your door and you are moments from the sand and the calm waters of the bay. It’s a lifestyle defined by sun, water, and community. Properties with this level of utility and prestige in Alamitos Bay are few and far between. Own a piece of the Peninsula and make your mark.

76 62nd, Long Beach

337 E 7th, Long Beach
$1,250,000
PW26220714 MLS ⋅ Active Status
Opportunity to own a commercial and residential property near Downtown Long Beach. Located at 335 & 337 E 7th Street, the property features approximately 2,049 SF of total improvements across two buildings on a 7,561 SF lot, all within a single parcel. The vacant front commercial space offers approximately 1,000 SF and an opportunity for an owner-user to establish a business while receiving rental income from the rear residential portion. Two occupied residential rentals are currently leased month-to-month. The front commercial space is also available for lease, providing an opportunity to establish additional income. Beyond its existing use, the property offers potential for future redevelopment. Based on preliminary information obtained from the City, the site is within the PD-30 planning district, with reported development parameters including a maximum height of 150 feet, a 5.0 floor area ratio, and a parking exemption. Applied to the existing lot area, the stated FAR suggests approximately 37,805 square feet of potential floor area, subject to applicable regulations, project design, and City approval. With existing residential income, a vacant commercial component, and potential for a larger-scale development, the property presents multiple paths for acquisition, occupancy, and long-term investment. Nearby businesses include Carl’s Jr. and McDonald’s, with access to Long Beach Boulevard, Downtown dining and shopping, and waterfront attractions.

337 E 7th, Long Beach

1761 Park Avenue, Long Beach
$8,000,000
PW26215271 MLS ⋅ Active Status
STUDENT HOUSING OPPORTUNITY – 64 BEDS + 8 BEDS = 72 MAX BEDS. 7.47% CURRENT CAP, WITH MARKET CAP RATE AT 8.63%-9.14%! Park Villa Apartments, an 18-unit / 64-bed off-campus student housing asset serving California State University, Long Beach (CSULB). The property operates under a “by-the-bed” leasing model commonly used in purpose-built student housing, offering furnished individual beds rather than leasing entire units. This structure provides students greater flexibility while generating higher effective rents per unit and diversified cash flow for ownership. Park Villa Apartments features (4) 3BD/2BA, (2) 2BD/2BA, (10) 2BD/1BA and (2) 1BD/1BA units surrounding a landscaped courtyard, along with on-site laundry, eight garages and 12 tandem surface parking spaces. Comprehensive renovations completed in 2023 include upgraded electrical and plumbing systems, new dual-pane windows, laminate flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, modern lighting, ceiling fans and fixtures throughout. The property is located near Long Beach’s Traffic Circle, providing walkable access to extensive retail, dining and everyday services. Its proximity to CSULB and the 405 Freeway also provides convenient connectivity throughout Long Beach, the South Bay and Orange County. CSULB has 3,500 on-campus beds serving more than 42,000 students—an on-campus housing saturation rate of approximately 8%—leaving the overwhelming majority of students reliant on the private housing market. Demand is further supported by record enrollment and approximately 84,000 applications in the most recent admissions cycle, the highest applicant volume in the 23-campus CSU system. This persistent supply-demand imbalance provides Park Villa Apartments with a deep, recurring renter pool. Combined with annual lease resets, recurring new-student demand and approximately 25% tenant retention, the property’s by-the-bed model provides a compelling foundation for stable occupancy, income growth and long-term student housing demand.

1761 Park Avenue, Long Beach

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

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