Downtown Area, Alamitos Beach (4) Homes with Multi Level Stories

Downtown Area, Alamitos Beach (4) Homes with Multi Level Stories

Welcome to the vibrant Downtown Area of Long Beach, California, where the sun-kissed shores of Alamitos Beach meet the dynamic pulse of urban living. This picturesque region offers a unique blend of coastal charm and city sophistication, making it an ideal destination for those seeking a lively lifestyle by the sea.

With its stunning views of the Pacific Ocean and a lively atmosphere, Alamitos Beach is a true gem of Long Beach. Imagine waking up to the sound of gentle waves and enjoying morning strolls along the sandy shores. This area is not just about the beach; it is also home to an eclectic mix of shops, restaurants, and cultural attractions, ensuring that there’s always something exciting to explore.

For those seeking a home in this vibrant locale, the Downtown Area features a variety of multi-level story homes that cater to diverse lifestyles. These residences offer spacious layouts and modern amenities, perfect for families, young professionals, and anyone looking to embrace the coastal lifestyle. Enjoy breathtaking views from your private balcony, or entertain guests in your stylish living area.

Living in Downtown Long Beach means you’re just steps away from the beach, parks, and a rich tapestry of community events. Whether you’re sipping coffee at a local café, biking along the waterfront, or enjoying a night out at one of the many nearby eateries, you'll find that life here is both relaxing and invigorating. Discover your dream home in this thriving community and experience the best of Southern California living!

Newest Downtown Area, Alamitos Beach (4) Homes with Multi Level Stories

444 Chestnut Avenue, Long Beach
$3,697,000
9 Beds ⋅ 19 Baths ⋅ 26659109 MLS ⋅ Active Status
Priced to sell - 9.5 GRM and 6.4% CAP. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. 19 units located blocks from Downtown Long Beach in the Historic District. All units were completely redone in 2018/2019 and are beautifully remodeled. The interior hallways were redone as well and the Seller spent over $400K on CAP EX. New Water Heater in 2023 and over 100 feet of sewer line replaced. No work remains to be done. The building is a two-story walkup with no onsite parking, however, there are parking structures within blocks that tenants can rent from. The building also features onsite laundry in the basement. The building offers an excellent unit mix of Studio, 1 and 2 bed units. The property is Professionally Managed and very well maintained and features onsite laundry. It features a Walk score of 95 and is located just blocks from the bars and restaurants in Downtown Long Beach on Pine Ave. The building is master-metered for all utilities and a new owner could implement a RUBS program increasing the returns. Downtown Long Beach is in the middle of an $8BB Redevelopment with brand new Class A apartments and retail being developed within blocks of this location. Qualified Buyers can put down as little as 27%. 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 undergoing a $37MM remodel for the 2028 Olympics.

444 Chestnut 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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