Long Beach Homes with Shared Driveway Parking features

Long Beach Homes with Shared Driveway Parking features

Welcome to Long Beach, California, a vibrant coastal city nestled in the heart of Los Angeles County. Known for its stunning waterfront, diverse culture, and dynamic arts scene, Long Beach offers a unique blend of urban living and laid-back beach vibes. With a rich history and a commitment to community, this city is perfect for those looking for a place that feels both lively and welcoming.

Long Beach boasts a variety of neighborhoods, each with its own distinct character. From the charming bungalows of Belmont Heights to the modern condos near the bustling Pine Avenue, there’s something for everyone. The city is also home to beautiful parks, world-class dining, and an array of recreational activities, including sailing, biking, and beach volleyball along its picturesque shoreline.

For those considering a home in Long Beach, many properties feature shared driveway parking, a practical solution for urban living. This arrangement not only maximizes space but also fosters a sense of community among neighbors. Imagine coming home to a cozy abode with the convenience of shared parking, allowing you to enjoy the benefits of city life without the hassle of searching for a parking spot.

Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, Long Beach offers a variety of homes with shared driveway parking that cater to your lifestyle needs. Explore the possibilities in this beautiful city where the ocean meets opportunity, and discover your dream home today!

Newest Long Beach Homes with Shared Driveway Parking features

1720 Petaluma Ave, Long Beach
$2,349,000
PW26197030 MLS ⋅ Active Status
Located in one of the most sought-after, supply-constrained submarkets in Southern California, 1720 Petaluma Ave sits in East Long Beach just 0.5 miles from the CSULB campus. No new apartment buildings have been built in the 90815 zip code since 1989, which makes this rare, like-new offering stand out. The property is a purpose-built student housing asset with two spacious, turnkey detached homes on an expansive lot: a fully rebuilt and expanded front house and a brand-new rear home. It's a great fit for either a cash-flowing investment or an owner user. The front house was taken down to the studs and expanded with new construction into a 7 bed / 7 bath open floor plan home. The rear house is a 100% new construction 4 bed / 4 bath home with expansive 15 ft ceilings and lots of natural light. Both homes feature luxury vinyl plank floors, new high-end finishes and appliances, and a private ensuite bathroom for every bedroom. Each home has its own washer and dryer and private patio, and tenants share a large backyard with a lounge area and spa. The property is currently operated as CSULB student housing, with 11 rooms averaging $1,383/mo each for $15,215/mo, or $182,580 in gross annual income. Tenants pay all utilities, and parents co-sign every lease to guarantee rent. With an NOI of $132,681, 1720 Petaluma is attractively priced at a 5.67% cap rate, with another 13% of NOI upside and excellent loan terms available. That is the highest cap rate, lowest GRM, and lowest price per bedroom of any comparable CSULB-area sale in the past two years, about 28% below the median price per bedroom. Rooms rent for about 14% below comparable properties and for roughly the cost of an on-campus dorm, with a private ensuite bath instead of a shared hall. Owners can add further value by converting the garage or building a second detached ADU under California's new AB 956. CSULB has 40,000 students but housing for only 9% of them, and the property has been 100% pre-leased since 2022 with steady rent growth year over year. Professionally managed for easy ownership, this opportunity offers a strong and steady renter base, a hedge against California rent control, continued rent growth, and long-term appreciation in the A+ East Long Beach submarket.

1720 Petaluma Ave, Long Beach

5273 E Appian, Long Beach
$1,899,000
4 Beds ⋅ 3 Baths ⋅ PW26140445 MLS ⋅ Active Under Contract Status
Built in 1961, this beautifully appointed 4-bedroom, 3-bath home blends original architectural character with thoughtful modern updates and exceptional indoor-outdoor living. Original wood-beamed ceilings and French oak flooring throughout the first floor create warmth, composition and depth, while a striking stone gas fireplace anchors the main living space. Built-in cabinetry provides a seamless home for the television and additional storage. The kitchen is designed for both everyday living and entertaining, featuring Viking appliances, including a refrigerator and four-burner range, wine refrigerator and generous walk-in pantry. A convenient powder room and abundant storage complete the main level. Upstairs, brand-new carpeting creates a fresh, inviting feel. The spacious primary suite is a true retreat with soaring ceilings, walk-in closet, private balcony and a beautifully appointed bath featuring a deep soaking tub and separate shower. An additional guest bedroom enjoys views toward the water. Modern conveniences include updated HVAC, electrical improvements, tankless water heater, EV charging station and a two-car garage. Outside, two beautiful magnolia trees frame the well-appointed front yard, while the private rear patio creates a magical setting for Southern California living. Complete with an outdoor refrigerator, barbecue, seating area, water feature and fire feature, it is equally suited to entertaining friends or enjoying a quiet morning coffee. The location completes the experience. Step outside for a walk along the nearby path bordering the back bay or stroll to the shops, cafés and restaurants that make this neighborhood so special, including Nick’s on 2nd, South of Nick’s, Saint & Second, Sushi on Fire and Breakfast Republic. With architectural warmth, substantial upgrades, private outdoor spaces and an exceptional location near the water, 5273 E Appian Way offers a rare combination of character, comfort and coastal living.

5273 E Appian, Long Beach

4336 N Lakewood, Long Beach
$1,895,000
PW26054894 MLS ⋅ Active Status
Prime Turnkey Investment Opportunity In Long Beach – Remodeled 6-Unit Complex. Exceptional Opportunity To Acquire A Recently Remodeled, Turnkey 6-Unit Multifamily Income Property In The Highly Desirable Thriving Rental Market Of Long Beach. Pride Of Ownership Radiates Throughout This Meticulously Updated Complex, Offering A Virtually Maintenance-Free Asset For Both Seasoned & First-Time Investors Looking For Immediate, Reliable Cash Flow. The Property Features An Optimal Unit Mix Of Six Well-Appointed 1-Bedroom, 1-Bathroom Apartment Homes With Individual Garages & Additional Onsite Parking. Each Unit Has Undergone Comprehensive Interior Renovations To Meet The Demands Of Today’s Premium Renters. Upgrades Include Beautifully Modernized Kitchens, Refreshed Bathrooms With Contemporary Fixtures, Large Walk-In Showers & Custom Tile Work. Each Unit Also Boasts Either Original Hardwood Or LVP Flooring, Fresh Interior Paint, Recessed Lighting, & Upgraded Hardware Throughout. Ideally Situated In Long Beach, This Property Offers Tenants Unparalleled Access To The Best The City Has To Offer. It Is Just Minutes Away From Bouton Lakewood Country Club, Lakewood Village, The Vibrant Dining & Entertainment Scenes Of Downtown Long Beach (DTLB), The Trendy Retro Row, Alamitos Beach, & The Pike Outlets. With Excellent Walkability, Easy Access To Public Transit, Close Proximity To Major Freeways (710, 405), Long Beach Airport & California State University, Long Beach (CSULB), The Location Guarantees A Deep & Consistent Pool Of Highly Qualified Prospective Tenants. Don't Miss Out On This Rare Chance To Add A Stabilized, High-Performing Coastal Asset To Your Real Estate Portfolio.

4336 N Lakewood, 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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