Refine Search
Sort by
$4,695,000
7 Beds ⋅ 25 Baths ⋅ 25618923 MLS ⋅ Closed Status
PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. 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. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.

330 Cedar Avenue, Long Beach

$4,400,000
PW25079041 MLS ⋅ Closed Status
Priced to sell at an 10.81 GRM and a 6.06% Cap Rate in the most coveted pocket of Alamitos Beach! Pro forma 9.09 GRM and 7.65% Cap Rate! This opportunity delivers immediate cash flow with 26% upside in NOI. 1912 E. 2nd Street is a well maintained 19-unit apartment building steps from Bixby Park and the Pacific Ocean. This location ensures effortless access to trendy dining, boutique shopping, and lively entertainment options along Broadway, Retro Row, and the booming Downtown Long Beach—driving strong tenant demand and rental growth. The property showcases an eye-catching art deco facade, featuring 11 spacious studios, 6 one-bedroom/one-bath units, and 2 one-bedroom/one-and-one-half-bath townhome units. The securely gated property offers an inviting inner courtyard and a rare two-car garage—a coveted feature that could command premium rental income, or can be converted to an ADU for additional income. With RUBS (Ratio Utility Billing System) already implemented, operating costs are minimized, immediately boosting your net income. Combining a prime location with strong fundamentals, this is a rare chance for a savvy investor to enhance value, and secure significant long-term appreciation in one of Southern California’s most sought after markets.

1912 E 2nd Street, Long Beach

$4,300,000
OC25134383 MLS ⋅ Closed Status
905 & 915 Cherry Avenue is a 2-property, 26-unit multifamily portfolio located in Long Beach, California. Built in 1922, 905 & 915 Cherry Avenue offers investors an opportunity to acquire a sizable footprint in one of Los Angeles County’s most desirable rental markets. 905 & 915 Cherry Avenue features an attractive mix of one and two-bedroom floor plans with desirable property amenities including surface and garage parking, and on-site laundry facilities. The portfolio is within walking distance of a variety of lifestyle amenities including Rose Park, the shops and restaurants of Retro Row, and Alamitos Beach. Additionally, the portfolio is just a short commute to employers in Downtown Long Beach and adjacent employment hubs such as the South Bay and Orange County via the 710 and 405 freeways. In summary, 905 & 915 Cherry Avenue’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With rental upside and strong rental metrics, 905 & 915 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

905 915 Cherry Avenue, Long Beach

$3,410,000
14 Beds ⋅ 14 Baths ⋅ 26853641 MLS ⋅ Closed 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

$3,325,000
PW26011273 MLS ⋅ Closed Status
1149 E. 1st Street is a striking 12-unit Art Deco multifamily property with a bonus 13th non-conforming unit, ideally located in the heart of Alamitos Beach — one of Long Beach’s most desirable coastal neighborhoods. This architectural standout blends timeless 1930s character with meaningful modern upgrades. The building has been freshly painted and features upgraded plumbing and electrical systems, enhancing long-term performance while preserving its historic charm. Its bold lines and coastal energy evoke a subtle Miami Art Deco aesthetic — vibrant, clean, and full of personality. The property offers a well-balanced unit mix: 3 Studio Units, 2 Two-Bedroom Units (one serving as a penthouse-style unit), 7 One-Bedroom / One-Bath Units, Bonus 13th Non-Conforming Unit All units have been thoughtfully updated with newer kitchens, upgraded flooring, and refreshed interiors. The layouts are spacious and filled with natural light, offering larger-than-average unit sizes compared to many nearby properties — a significant advantage in tenant appeal and retention. The property also includes three garages, providing valuable parking and/or additional income potential in this high-demand beachside location. Situated just blocks from the ocean and minutes from Downtown Long Beach, residents enjoy exceptional walkability, coastal access, dining, nightlife, and the vibrant energy that defines Alamitos Beach living. 1149 E. 1st Street represents a rare opportunity to acquire a character-rich coastal asset with strong rental appeal, solid improvements, and long-term upside in one of Long Beach’s most dynamic neighborhoods.

1149 E 1st, Long Beach

$3,060,000
PW25236303 MLS ⋅ Closed Status
1917 E. 4th Street is an 18-unit apartment building located in the heart of Long Beach’s highly sought-after 4th Street / Retro Row district. This property offers investors the opportunity to acquire a well-positioned asset in a supply-constrained rental market at an attractive 9.55 GRM on current rents. The building offers an attractive mix of studio, one-, two-, and three- bedroom units. On-site laundry and parking, generate additional income streams. Recent capital improvements include new electrical subpanels and new windows installed throughout the building within the past seven years. The property includes 7 parking garages and one surface space in a neighborhood where parking is often limited. Recognized in publications such as The New York Times, Sunset Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant, pedestrian- and bike-friendly corridor, home to 40+ independent merchants. The area is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, and collectibles, as well as a diverse range of acclaimed restaurants, cafés, wine bars. With its prime location, strong rental fundamentals, and recent upgrades, 1917 E. 4th Street represents a compelling investment opportunity for buyers seeking stable income and long-term value in one of the city’s most dynamic submarkets.

1917 E 4th, Long Beach

$3,049,000
22 Beds ⋅ 14 Baths ⋅ 26656535 MLS ⋅ Closed Status
Priced to sell at 9.7 GRM and 6.6% CAP with upside to 9.3 GRM and a 7.0% CAP. 14 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the East Side. 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 an excellent unit mix of 1 and 2 bed units with 11 open parking spaces in the rear. The exterior and all interiors were updated in 2019. Unit interiors feature updated flooring, kitchen counter tops, lighting and paint. EARN OVER A 10% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Qualified Buyers can put down as little as 25%. Contact Loan Broker to find out more. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

1735 E 10th Street, Long Beach

$2,840,000
3 Beds ⋅ 3 Baths ⋅ PW26072228 MLS ⋅ Closed Status
Live on the TOP FLOOR of a 30-story West Ocean luxury condominium complex! You will feel like a king with panoramic 280-degree views looking out over the ocean, coastline, and city from the penthouse of one of the most luxurious and tallest residential high-rise in all of Long Beach. This sprawling single-level penthouse has 3 separate balconies and mesmerizing views from every room. Well-appointed sophisticated design with a recent million-dollar remodel, including a Chef’s Kitchen with premium German Miele appliances, a Miele coffee machine, 2 dishwashers, an induction cooktop, custom-made Italian Dada cabinets, Caesar stone, French Oak woods, and a wired sound system. You will appreciate the innovative and elegant dual-glazed fully retractable slide pivot doors and walls installed by premier ultra slim folding patented side-lock technology for maximum noise protection, privacy to individual rooms, and converts to an open living environment, maximizing the panoramic views. West Ocean offers hotel-like amenities: 24/7 concierge, pool/spa, fitness center, billiard room, business center, lounge area, outdoor BBQ/fireplace, guest suites for visitors, and climate-controlled wine storage. Enjoy nearby entertainment, restaurants, historic Pine Avenue, Shoreline Village, Terrace Theater, Cinema, Farmer’s Market, Convention Center, the Aquarium, jet skis, sailing, fishing, and multiple yacht clubs. Please come and enjoy the City by the Sea, which can only be appreciated with a private tour of this exceptional penthouse.

400 W Ocean Unit 3002, Long Beach

$2,705,000
SB26114748 MLS ⋅ Closed Status
We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units. All units were fully remodeled prior to current tenancy with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements include new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. New main electric panel and sub panels. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages. Priced at a 6.40% cap rate, 939 Pacific Avenue offers investors a well-maintained, improved asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.

939 Pacific, Long Beach

$2,600,000
OC26010608 MLS ⋅ Closed Status
The subject property is a 22-unit apartment building located in the trendy “East Village” neighborhood of Long Beach. This charming two story 1940’s complex is on a quiet street, just 6 blocks from the Ocean Avenue, and a 10-minute bike ride to Alamitos Beach! Walk Score: 97/100 (Walker's Paradise) 97 / 100. Walker's Paradise. Transit Score® 74 / 100. Excellent Transit. 89 / 100. Very Bikeable. The unit mix is predominantly Studio apartments (20) with a One Bedroom Unit and a Two Bedroom 1 Bath unit. All units are separately metered for gas and electric utilities. There is a secured entrance with laundry room onsite, and ample street parking. Priced attractively at a GRM of 9.84 and with the rent increases of 8% (AB 1482) that are due this year, the GRM drops to 9.12 and a CAP rate of 6.27% at the listed price. After that rent increase, the rents still have another 20% upside based on the average and median rent rates on the rent survey.

627 Linden Avenue, Long Beach

$2,450,000
PW25229051 MLS ⋅ Closed Status
721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents. The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building. With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of employment opportunities as well as all of the shopping, dining, cultural and nightlife amenities in Downtown Long Beach.

721 E 7th, Long Beach

$2,280,000
PW25124049 MLS ⋅ Closed Status
1242 Cedar Avenue is a 12-unit apartment asset located in Downtown Long Beach. The asset is priced at 7.00% cap rate and 9.60 GRM at current rents. The property is comprised of (9) 1 Bed/1Bath units and (3) 2 Bed/1 Bath units. Seven of the 12 units are fully renovated with new flooring and modern kitchens and baths featuring designer fixtures and finishes. The secured-access building has undergone key capital improvements, including new windows, fresh exterior paint, and upgraded electrical systems throughout. Additional income is generated from on-site parking and tenant- accessible laundry facilities. With a Walk Score of 89, the property is ideally positioned for tenant convenience, offering close proximity to a wide range of amenities, including shops, restaurants, and entertainment venues. The location is also within walking distance of the East Village Arts District, one of Long Beach’s most vibrant and sought-after neighborhoods, known for its creative energy and strong rental demand. 1242 Cedar Avenue offers investors a well-maintained asset with upside in an infill location experiencing continued growth and revitalization.

1242 Cedar Avenue, Long Beach

$2,270,000
IG25133090 MLS ⋅ Closed Status
Located in Long Beach’s most walkable and artistic neighborhood, 625 E Broadway is a 12-unit apartment building consisting entirely of spacious 1-bedroom, 1-bath units. The property is individually metered for electricity, features updated Cutler-Hammer breaker systems with a main service disconnect, and spans 6,888 square feet with units ranging from 469 to 680 sq ft. Just blocks from the beach, Metro light rail, and major downtown employers, the location continues to drive strong demand and historically low turnover. Efficient layouts and steady rental fundamentals support both short- and long-term investment strategies. Ownership currently pays for water, gas, sewer, and trash. This asset is ideally positioned for 1031 exchange buyers, yield-focused investors, or long-term holders seeking dependable cash flow in a high-demand market.

625 E Broadway, Long Beach

$2,150,000
12 Beds ⋅ 8 Baths ⋅ 25588185 MLS ⋅ Closed Status
This coastal investment property is located within a historic district, minutes to the beach with small shops, coffee houses, restaurants, proximate to Marine Stadium, Alamitos Bay, and Naples Island. Convenient to public transportation and freeway access, with proximity to Cal State Long Beach. An incredible unit mix, consisting of a classic 3-bedroom/2-bath house, plus four newer condominium-style units, composed of three 3-bedroom/2-bath units and one 2-bedroom/2-bath unit. All units are separately metered and have upgraded appliances, including washers and driers. The property is well maintained and nicely landscaped, with a solar-camera security system. There are five tandem garages, offering two parking spaces per unit, a big plus in an area where parking is at a premium. PRICE REDUCED with a 6% CAP RATE!

1605 E 1st Street, Long Beach

$2,100,000
PW26086556 MLS ⋅ Closed Status
We are proud to present an extraordinary loft-style office space that redefines modern sophistication. Perfectly situated in the heart of Downtown Long Beach’s vibrant Arts District, this one-of-a-kind property blends historic local charm with contemporary design. From the moment you step inside, you’re greeted by striking architectural details — soaring ceilings, exposed brick walls, sleek cement floors, and expansive floor-to-ceiling glass that floods the interior with natural light. Every corner of this office exudes style, energy, and inspiration. The layout has been thoughtfully designed to balance privacy and collaboration. Featuring 8 private office suites, several open office spaces, spacious conference room, recently upgraded grand open-concept kitchen, welcoming front reception, and two well-appointed restrooms, this property provides both functionality and elegance. A dedicated private space further enhances its versatility, making it ideal for dynamic teams and creative professionals. 425 E. 4th E. Street isn’t just an office — it’s a statement. A place where innovation meets sophistication, designed to impress clients and energize your team. The recent improvements to this space are both extensive and value-enhancing. For additional information or to arrange a detailed discussion, please contact the listing broker.

425 E 4th Street Unit E, Long Beach

$2,100,000
PW25134177 MLS ⋅ Closed Status
Pride of Ownership, 6 Unit, Trophy Property! Located within the highly soughtafter community of Alamitos Beach, merely footsteps from the sand. 1517 E. 1st street is a classic, Long Beach, early 1900’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, hardwood flooring, large open floor plans with an abundance of natural light. Both upper level units have large sunrooms. In 2016 the asset received a full interior/exterior renovation. Improvements include; all new kitchen upgrades (quartz counters, tile flooring, all new cabinetry, stainless steel appliances and all new fixtures). Bathrooms were upgraded with all new granite counters, tile flooring/wainscot, new toilets, tubs and fixtures. Each unit has its own washer dryer and is separately metered for gas and electric. Lower level units have their own private yards and each unit has its own parking space. Located just a short distance from Belmont Shore’s “2nd street”, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for the sophisticated investor looking for a prime asset in an A location.

1517 E 1st Street, Long Beach

$2,025,000
SB25166797 MLS ⋅ Closed Status
615 Cerritos Ave presents a rare opportunity to acquire a well-maintained multifamily property in one of Long Beach’s most desirable rental markets. Close Proximity to Retro Row and the East Village Arts District, this clean 8 unit building features all large 2-bed/1-bath units with excellent layouts and strong tenant appeal. One unit will be delivered rent-ready, offering immediate income upside or owner-user potential. The building has received several recent upgrades, including a new roof (2019, resealed 2025), 100-amp main panels, and subpanel upgrades in each unit, to be completed by August 4th. The property also boasts fresh exterior paint, new gutters, and sits on a quiet street just steps from Franklin Middle School and the Museum of Latin American Art. Additional value-add potential exists with garage ADU conversion possibilities, and two rear storage/laundry rooms currently not in use. With no tuck-under parking, the property avoids seismic retrofit requirements, making it easy to own and low maintenance. With Long Beach preparing to host several Olympic competitions in 2028, the city is poised for international attention and long-term economic growth. This global spotlight, combined with ongoing infrastructure improvements and civic investment, makes Long Beach an increasingly attractive market for real estate investors.

615 Cerritos Avenue, Long Beach

$2,020,000
SB25266595 MLS ⋅ Closed Status
Large high yield postwar 10 unit property in a dense high demand rental area of Long Beach. Great unit mix with five 2 bed/1 bath units, four 1 bed/1 bath units, and one studio in nearly 7,000 square feet of rentable space. High in-place cash flow at close with actual rents at 9.59X gross and a 6.2% cap rate plus a 12% upside to 8.43X GRM and a 7.4% cap rate at market. Community laundry room plus 5 garages for additional income or ADU conversion potential. All windows recently replaced in 2025. Convenient location in the Washington neighborhood directly across the street from Washington Middle School, currently undergoing a massive $176 Million reconstruction project. Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. Walk Score 86/100

1415 Cedar, Long Beach

$2,010,000
OC26064399 MLS ⋅ Closed Status
613 - 627 West 4th Street is a unique 10-unit multifamily investment opportunity situated on two adjacent parcels in Downtown Long Beach, California. The offering consists of a 9-unit cottage-style apartment community and a detached single-family residence located on the neighboring parcel. The cottage parcel features single-story construction with individual entrances, creating a low-density residential layout that differs from traditional corridor-style multifamily properties. The adjacent parcel is improved with a single-family home featuring a spacious backyard. At the rear of the lot are three private garages with gated areas in front, providing additional parking or storage space. Originally constructed between 1901 and 1918, the property offers a diverse unit mix consisting of 1 studio unit, 5 one-bedroom/one-bath units, 2 two-bedroom/one-bath units, 1 two-bedroom/one-and-one-half-bath unit, and 1 three-bedroom/two-bath unit. The variety of floor plans allows the property to appeal to a broad tenant base within the Downtown Long Beach rental market. Ownership has completed several recent capital improvements, including roof replacements in 2020 and 2021 and five recently replaced water heaters. Additional interior upgrades and unit improvements have been completed across multiple units in 2025 and 2026, including flooring replacement, interior painting, kitchen counter reglazing, and various unit turn improvements. 613 - 627 West 4th Street is located within walking distance of major Downtown Long Beach employers and neighborhood amenities, supporting consistent rental demand. The property is also just over half a mile from Mosaic, the large-scale redevelopment of the former City Place site that is introducing new residential, retail, and commercial space to the area. Residents benefit from convenient access to Interstate 710, the Metro A Line, and the nearby Port of Long Beach, one of the region’s largest employment hubs.

613 627 W 4th Street, Long Beach

$2,000,000
3 Beds ⋅ 3 Baths ⋅ PW26001723 MLS ⋅ Closed Status
Price Reduction! Presenting an extraordinary opportunity to own an exceptional three-level coastal residence within an exclusive custom-built duplex, offered to the market for the very first time. Crafted with timeless design and elevated finishes, this luxury home showcases breathtaking ocean views, refined interiors and the comfort of a shared well-maintained HOA. This meticulously designed home spans three spacious levels, offering privacy and exceptional natural light. From the moment you enter, expansive ocean views of The Pacific unfold across the main living areas. Floor to ceiling windows allow natural light to pour in showcasing the Long Beach coastline in all its beauty. From sunrise to sunset, this home offers a front-row seat of the The Pacific. The heart of the home is the centrally located chef’s kitchen, designed to enhance both culinary experiences and social gatherings. The stunning chef’s kitchen features professional grade appliances, custom cabinetry, expansive granite countertops and backsplashes, a large island with ample storage and open flow to the spacious living and dining area-with spectacular ocean views! Luxurious Primary suite is designed for the ultimate in comfort with captivating ocean views, spacious walk in closets, elegant en-suite bathroom with premium finishes and custom cabinetry. Wake up to ocean breezes and fall asleep to the sound of ocean waves. First level: Lobby level with private elevator, workroom, garage (two and a half spaces) and private, gated beach access. Second level: Two dedicated ocean-view home offices, two guest bedrooms, a guest bathroom, and a great room with sweeping ocean views with private balcony. Additional features include a curved, custom- designed cabinet with wine refrigerator, marble counter tops and glass shelving, along with a second custom-built cabinet providing additional storage or space for a television. Third level: Breathtaking ocean views from kitchen, living and dining area and from primary suite. And a spiral staircase leads to loft retreat that offers ocean views, a flexible retreat for a reading nook, home office or guest bedroom. Bathed in natural light, the elevated area offers a quiet, private escape. This home is a rare blend of luxury, comfort, and coastal beauty, this first-time -on-the market residence represents a truly special opportunity. Whether a primary home or a refined retreat, it embodies elevated seaside living at its finest.

1700 Bluff Place Unit 1, Long Beach

$1,960,000
19 Beds ⋅ 9 Baths ⋅ 25543763 MLS ⋅ Closed Status
PRICE REDUCED $30K - and PRICED TO SELL. Currently under a 9 GRM and 7.1% CAP with upside to under an 8 GRM and 8.4% CAP. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. A number of units here are rented to Section 8 and Housing Programs - rents could easily be increased based on Payment Standards for the 90813 zip code. The 4 garages in rear could potentially be converted to ADU's - Buyer to verify. Qualified Buyers can put down as little as 25% on a new loan. Earn over 10% cash on cash against in place rents, and over 15% cash on cash at market. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

1775 Locust Avenue, Long Beach

$1,925,000
PW25200466 MLS ⋅ Closed Status
Profit-Driven Investment Opportunity at 1734 E. Erie St., Long Beach. This well-maintained and professionally managed 7-unit property, built in 1987, features an efficient and desirable unit mix of five 2-bedroom, 2.5-bath townhouse-style residences and two sizable 1-bedroom, 1-bath units, ideal for capturing a broad tenant base and strong rental demand. Recent capital improvements, including a brand-new roof and completed balcony inspection with repairs, significantly reduce near-term expenses and provide investors with stability and predictable cash flow. Tenants will enjoy seven covered on-site parking spaces in a private, gated garage, a premium convenience in Long Beach. Nestled in the residential Alamitos Beach neighborhood , the property is just blocks from Carrol Park and Alamitos beach, offering easy coastal access. Estimated walking or biking time to the waterfront is likely under 10 minutes, making it highly appealing for tenants seeking a beach-adjacent lifestyle. The location also delivers vibrant urban convenience just minutes from the boutique restaurants and eclectic shops along Retro Row and 4th Street. Situated within a charming neighborhood primarily composed of single-family homes, this offering combines tenant lifestyle appeal with consistent, long-term rental demand and strong appreciation potential.

1734 E Erie Street, Long Beach

$1,890,000
14 Beds ⋅ 9 Baths ⋅ 25528237 MLS ⋅ Closed Status
PRICE REDUCED AND READY TO SELL. Priced at 9.2 GRM and a 7.3% CAP with upside to 8.4 GRM and a 8.3% CAP. 9 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located on the West Side blocks from Downtown Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree-lined street. The property is professionally managed and well-maintained. All units have their own private parking included, and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. A new owner can raise rents to market and achieve a 8.4 GRM and 8.3% CAP. Earn over a 11% cash-on-cash return against in place income. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO, INCLUDING A RENT ROLL AND OM.

435 W 11th Street, 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.