Long Beach Homes with Residential Income Property Type

Welcome to Long Beach, California – a vibrant coastal city nestled in the heart of Los Angeles County. Known for its stunning waterfront, diverse cultural scene, and thriving economy, Long Beach offers a unique blend of urban living and beachside charm that appeals to residents and investors alike. With a rich history that dates back to the early 1900s, this city has transformed into a bustling metropolis that retains its small-town feel.

One of the most appealing aspects of Long Beach is its real estate market, particularly for those interested in residential income properties. The city boasts a variety of homes that not only provide comfortable living spaces but also present lucrative investment opportunities. From charming bungalows to multi-family units, Long Beach offers a range of properties that can generate steady rental income.

Investing in residential income properties here means tapping into a robust rental market fueled by a diverse population, including students, young professionals, and families. The city's proximity to major employers, excellent schools, and vibrant entertainment options makes it an attractive place to live, ensuring a consistent demand for rental units.

Moreover, Long Beach is home to beautiful parks, trendy restaurants, and a bustling arts scene. With easy access to the beach and a variety of outdoor activities, residents enjoy a high quality of life, making it an ideal location for both homeowners and investors. Whether you're looking to expand your real estate portfolio or find a place to call home, Long Beach has something for everyone. Come discover the potential that awaits in this dynamic coastal city!

Newest Long Beach Homes with Residential Income Property Type

$899,000

PW26166714 MLS ⋅ Active Status

Opportunity to own a well maintained triplex in a convenient Long Beach location near Long Beach Poly High School, PCH, major freeways, local hospitals, and nearby Roosevelt Elementary Schools. The front residence is a classic two story Craftsman offering four bedrooms and two bathrooms. The home is in good condition, with an updated kitchen completed within the last five years. A long driveway leads to two additional one bedroom, one bathroom units located above an impressive five car garage. Both rear units are occupied by long term tenants. Unit 539 was upgraded approximately two years ago with a new kitchen, bathroom, and flooring. Unit 543 has also been improved with an updated kitchen, bathroom, and flooring. Additional improvements include updated PEX plumbing and water heaters replaced within the last three years. The spacious garage may offer future ADU conversion potential, subject to city approval and buyer verification.A strong investment opportunity with multiple income producing units, generous parking, and convenient access throughout Long Beach.

539 E 17th, Long Beach

$1,389,900

DW26165484 MLS ⋅ Active Status

Beautifully remodeled home with a brand-new detached ADU in one of Long Beach's most desirable neighborhoods! Ideally located near shopping, restaurants, parks, schools, and major transportation. This move-in ready home features new dual-pane windows, updated electrical with a complete rewire and new electrical panels, partial plumbing repipe, new HVAC heating and air conditioning, a stunning kitchen with stainless steel appliances and an open-concept dining area, two beautifully remodeled bathrooms, indoor laundry, new flooring, a cozy fireplace, and a spacious family room. All improvements were completed with city permits and inspections. The detached 1-bedroom, 1-bath ADU offers a private entrance, laundry hookups, and its own gated yard—ideal for rental income, extended family, or guests. The large lot also features a semi-covered patio, beautifully landscaped grounds with a mature lemon tree, a long gated driveway with RV/boat parking, an EV charging outlet, and separate private yards for both the main home and ADU. This exceptional property was thoughtfully designed with quality and functionality in mind, shows exceptionally well, and is truly move-in ready. This is a Single Family Home with a New detached ADU, it is not a duplex or two-unit property. A must-see!

5713 E Wardlow, Long Beach

$1,700,000

RS26165029 MLS ⋅ Active Status

Exceptional Long Beach income property generating $136,020. in current annual rents. Property features two residential buildings with four 2BR/1BA residences plus a spacious rear 2BR/2BA residence above the garages. There are 5 garages. 100% occupancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellent opportunity for an investor seeking immediate income with additional long term upside. Property shows as a 4 unit on tax records. Owner divided a 6 bedroom 2 bath unit into 2 - 2 bedroom 1 bath units without permits.

1043 Stanley Avenue, Long Beach

$2,700,000

PW26163930 MLS ⋅ Active Status

Exceptional opportunity to acquire a fully leased 8-unit mixed-use investment strategically positioned on the highly visible corner of Redondo Ave and E. 11th St. in Long Beach’s desirable Eastside/Circle Area. The property consists of three ground-floor retail storefronts and five residential units (four 1-bedroom/1-bath units and one 3-bedroom/2-bath unit), totaling approximately 9,851 square feet on a 6,241 square foot lot. The asset offers excellent street frontage, strong visibility, and professionally maintained commercial spaces occupied by established local businesses. Recent tenant improvements include beautifully renovated salon and tattoo studio interiors, enhancing the property’s appeal while supporting a diversified income stream. The residential units provide stable cash flow with additional rental upside through future turnover. Currently generating approximately $251,515 in annual scheduled gross rental income, this investment offers stable in-place income with future rental growth potential and long-term appreciation. Additional features include four on-site parking spaces, LBCNR (Store & Residential) zoning, and a highly walkable location with convenient access to Belmont Heights, Recreation Park, California State University Long Beach, Downtown Long Beach, and major transportation corridors. 1090 Redondo Avenue presents an outstanding opportunity for investors seeking a well-maintained mixed-use asset in one of Long Beach’s most desirable rental markets.

1090 Redondo, Long Beach

$2,999,999

DW26165133 MLS ⋅ Active Status

Rare opportunity to own a well-maintained 12-unit income property located in the desirable city of Long Beach. This property features an excellent unit mix consisting of eight 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units, offering strong rental appeal and long-term investment potential. The spacious unit layouts provide desirable living arrangements for tenants, with a mix that appeals to a wide range of renters. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways, this property offers accessibility and convenience for residents. An excellent opportunity for investors seeking a multifamily asset in a highly sought-after Long Beach rental market.

1755 Sherman, Long Beach

$2,348,000

PW26163436 MLS ⋅ Active Status

Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach

$1,900,000

PW26160947 MLS ⋅ Active Status

Great investment, excellent opportunity to own 4 unit in the heart of Long Beach, Poly High area. Excellent for the investor and maybe live in one and rent the others. One single family house plus a four plex. 4 garages. Walking distance to Long Beach Community College . Close to Signal Hill One mile from the beach. In the desirable Poly District by Poly High.

1780 Lewis, Long Beach

$920,000

2 Beds ⋅ 2 Baths ⋅ 26865245 MLS ⋅ Active Status

Fantastic **REO** opportunity in Wrigley neighborhood of Long Beach! Charming and well maintained single-story duplex on a desirable tree-lined street. 6461 sq ft corner lot with alley access. LBR1N Zoning. Bank-owned property being sold strictly AS-IS seller will make no repairs. Property is currently occupied. Do Not Disturb Occupants All showings are by appointment only. Presently all offers are subject to interior inspection. **NO OPEN HOUSES**. The historic Wrigley neighborhood is known for its tree-lined streets, classic California bungalows, and strong sense of community. Enjoy nearby local favorites like The Bake 'n Broil, Breakfast Bar and The Lobster Guys, or take a walk along the Wrigley Greenbelt trail. Close to shopping on Willow St and easy freeway access all in one of Long Beach's most walkable, historic neighborhoods Don't miss this one!

2690 Oregon Avenue, Long Beach

$1,525,000

SB26163180 MLS ⋅ Active Status

We are pleased to present 3822 E. 7th Street, a well-maintained 5-unit multifamily investment opportunity located in the Belmont Heights submarket of Long Beach. This 5,014 SF lot benefits from extremely efficient lot coverage as it features (2) separate structures, a large central courtyard, and a communal outdoor barbeque area in the rear. The front structure consists of (4) 1 Bed/1 Bath units. These spacious, nearly identical units span approximately 750 square feet each and showcase the classic character and charm associated with vintage Belmont Heights apartments. The rear structure features (1) fully remodeled 2 Bed/1 Bath unit upstairs with approximately 950 SF of living area, which includes a master bedroom and walk in closet. Downstairs, there are (3) garages (one of which is currently being used for owner storage), and an on-site laundry room with leased units. Overall, the property has been meticulously maintained by ownership and features copper plumbing throughout with a consistently maintained main sewer line, exceptional unit interiors, and a recently inspected roof found to be in excellent condition. Priced at a 5.21% CAP rate and 12.47 GRM on current in-place income, with upside to an achievable 7.84% Market CAP rate and 9.28 Market GRM, this offering provides investors with strong day-one cash flow with compelling value-add components on multiple fronts. First, the 33% rent upside is compounded by the building’s extremely efficient expense profile as owner-paid utility expenses have historically remained very low. Further, the prudent investor can increase NOI by transitioning to owner-operated laundry equipment and monetizing the garage currently used for owner storage. In addition, the configuration of the rear structure offers significant ADU appeal (buyer to verify). Lastly, this Belmont Heights location boasts a Walk Score of 92 (“Walker’s Paradise”) and is located near excellent schools, including Woodrow Wilson High School a mere half mile away. In addition, the property’s proximity to the Traffic Circle provides convenient access to the major economic and employment hubs of Los Angeles and Orange counties, supporting consistent tenant demand in this strong infill location

3822 E 7th Street, Long Beach

$2,200,000

PV26161685 MLS ⋅ Active Status

Well-maintained quadruplex in one of Long Beach's most desirable locations, just walking distance to the famous 4th Street Corridor, known as Retro Row. This vibrant neighborhood offers independent coffeehouses, unique shops, restaurants, local theater, parks, schools and grocery stores — and best of all, the beach is only a few blocks away. This property features 4 spacious units. Two units offer 3 bedrooms and 2 baths with approximately 1,550 sqft and in-unit laundry hookups. The other two units offer 2 bedrooms and 1.5 baths with approximately 1,075 sqft. Three of the four units (Units 1, 2 and 4) were fully remodeled just two years ago with new kitchens, new bathrooms, new flooring and fresh paint. All units are in excellent condition, and the property has been carefully maintained — units rent quickly with strong tenant demand. Parking includes two 2-car garages and one single-car garage. On-site laundry provides additional income. With solid current rents and continued upside potential, 380 Temple Ave is an excellent choice for an owner-user or any investor, from beginner to veteran, seeking a turnkey income property in a location that never goes out of style.

380 Temple Avenue, Long Beach

$850,000

MB26162846 MLS ⋅ Active Status

Rare Long Beach Duplex with Endless Potential on an Expansive Lot! Don’t miss this exceptional opportunity to own a versatile duplex in the heart of Long Beach! Situated on a generously sized lot, 1467 Walnut Ave offers incredible potential for investors, owner-occupants, or anyone looking to maximize the possibilities of a large property. The front home features a brand-new roof, providing added value and peace of mind. With ample outdoor space, the oversized lot presents endless opportunities for expansion, outdoor entertaining, additional parking, or future improvements (buyer to verify with the City of Long Beach). Whether you’re looking to generate rental income, live in one unit while renting the other, or add a valuable property to your investment portfolio, this duplex is full of opportunity. Conveniently located near shopping, dining, schools, parks, public transportation, and major freeways, this property combines location, flexibility, and long-term potential.

1467 Walnut Ave, Long Beach

$3,175,000

14 Beds ⋅ 14 Baths ⋅ 26864283 MLS ⋅ Active Status

This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.

1430 Elm 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.