North Long Beach (7) Homes with Apartment Subtype

Welcome to North Long Beach, a vibrant and diverse community nestled in the heart of Long Beach, California. This charming neighborhood is known for its rich history, friendly atmosphere, and an array of amenities that make it a desirable place to call home. With its prime location in Los Angeles County, North Long Beach offers easy access to the bustling city life while maintaining a relaxed suburban feel.

One of the standout features of North Long Beach is its variety of housing options, particularly homes with an apartment subtype. These properties are perfect for those seeking a multi-family living arrangement, providing both comfort and flexibility. Imagine living in a spacious home that also offers the potential for rental income or a separate living space for family members. This unique setup is ideal for investors and families alike, allowing for a harmonious blend of private and shared living.

The neighborhood boasts beautiful tree-lined streets, parks, and recreational facilities, making it an excellent environment for families and outdoor enthusiasts. Residents enjoy easy access to local shopping, dining, and entertainment options, ensuring that everything you need is just a short drive or stroll away.

North Long Beach is also well-connected by public transportation, making commuting to downtown Long Beach or other parts of Los Angeles a breeze. With its welcoming community spirit and diverse housing options, North Long Beach is a hidden gem waiting to be discovered. Whether you’re a first-time homebuyer or an investor looking for a smart opportunity, this neighborhood offers a unique lifestyle that blends convenience with charm.

Newest North Long Beach (7) Homes with Apartment Subtype

$2,400,000

SB26232366 MLS ⋅ Active Status

Distinctive Four-Unit Investment Opportunity in North Long Beach! Discover this uniquely designed multifamily property offering approximately 4,320 square feet of building area on a 5,056-square-foot lot. Built in 1964, the two-story property features four spacious residential units, previously configured with three bedrooms each. Unlike traditional apartment buildings, select interiors showcase individually inspired designs blending Art Deco influences with contemporary and industrial styling. Striking geometric patterns, dramatic accent walls, decorative lighting, distinctive kitchen finishes, and creative interior details give the property a personality of its own. Additional features include four covered parking spaces, separate unit entrances, and outdoor areas. Conveniently located near major transportation corridors, shopping, and neighborhood amenities. An opportunity to acquire a visually distinctive multifamily property in North Long Beach. Buyer to verify all property information, including square footage, unit configurations, permits, improvements, and rental potential.

2815 E 64th, Long Beach

$3,195,000

SB26216803 MLS ⋅ Active Status

Price Reduction! Rare opportunity to own a turnkey 10-unit, non-rent-controlled apartment building in North Long Beach, producing strong cash flow at an approximately 7% current cap rate from day one. The building was taken down to the framing in 2022 under permit and extensively rebuilt with a new roof, new electrical and plumbing systems, new HVAC, new windows, and an individual water heater for every unit. Interiors feature new cabinetry, flooring, recessed lighting, updated bathrooms, and stainless steel appliances, complemented by drought-tolerant landscaping. The unit mix consists of five 1 bed / 1 bath units and five 2 bed / 1 bath units, including three newly built ADUs. Gas and electricity are separately metered and paid directly by the tenants. Four of the ten units are master leased to a single organization, providing one rent payment each month and reduced property management demands. With every major building system substantially new, near-term capital expenditure requirements are minimal. As a non-LA-City rent-controlled asset, the property also allows significant 8.7% annual rent increases (5% + CPI) for future upside. The property is located roughly five miles from Douglas Park and the Long Beach Airport aerospace corridor, where Anduril, Rocket Lab, Relativity, and other major employers continue to expand, and offers convenient access to the 710, 91, and 405 freeways. A coastal-city rental market without coastal-city pricing.

5529 Dairy, Long Beach

$2,195,000

SB26215233 MLS ⋅ Active Status

North Long Beach 9-unit apartment building for sale at $244K per door. A rare multifamily income property in Long Beach 90805 with a 6.14% cap rate on served November 1, 2026 rents, $222,203 in gross scheduled income, and value-add upside. The unit mix is seven 2-bed/1-bath units and two 3-bed/1-bath units, plus six garages. The most recent 3-bedroom turnover re-leased at $2,500/mo in May 2026, showing room to grow rents. Two garages may qualify for ADU conversion under California law (buyer to verify with the City of Long Beach). Professionally managed, with long-term tenancy. Directly across from Addams Elementary and a short walk to Grace Park and the Long Beach Blvd shopping corridor, near the Metro A Line, the 710, the 91 and the 405. An ideal 1031 exchange property or long-term hold. Rent roll and income statement available. Do not disturb tenants.

5333 Pine Avenue, Long Beach

$2,850,000

OC26176306 MLS ⋅ Active Status

5503 - 5511 Cherry Avenue is a 17-unit multifamily investment opportunity in Long Beach, California. Constructed in 1960, the two-story, gardenstyle property features approximately 9,250 net rentable square feet on a 0.28-acre parcel. The community is arranged around a spacious central courtyard, with exterior walk-up access to the second-floor units. The property features a unit mix of 1 studio, 15 one-bed/one-bath units, and 1 two-bed/one-bath unit. Community amenities include gated access, security doors, on-site laundry, ceiling fans, a central courtyard, 12 surface parking spaces, and 1 garage space. Ownership completed approximately $85,000 in capital improvements in 2025, including a $52,000 electrical system upgrade with panel replacements and the $33,000 removal of the former swimming pool and installation of a concrete surface. These improvements strengthened the property’s electrical infrastructure while eliminating the maintenance and operating requirements associated with the former pool. 5503 - 5511 Cherry Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a predominantly one-bedroom unit mix and recently completed capital improvements.

5503 5511 Cherry Avenue, Long Beach

$2,500,000

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

1561 W Pacific Coast Highway, 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

$2,195,000

PW26094741 MLS ⋅ Active Status

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

436 E Market, Long Beach

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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.

North Long Beach (7) Homes with Apartment Subtype

Newest North Long Beach (7) Homes with Apartment Subtype

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