Belmont Heights, Alamitos Heights (2) Homes with Residential Income Property Type

Welcome to Belmont Heights and Alamitos Heights, two of Long Beach's most charming and vibrant neighborhoods nestled in sunny California. These areas are known for their picturesque tree-lined streets, historic architecture, and a strong sense of community that makes them ideal for families, professionals, and investors alike.

Belmont Heights is a delightful blend of coastal living and urban convenience. With its close proximity to the beach, residents can enjoy leisurely strolls along the shore or partake in a variety of water sports. The neighborhood boasts a mix of Craftsman-style homes and modern condos, making it an attractive option for those looking for character and charm. Local parks, boutique shops, and trendy eateries add to the area's allure, creating a perfect environment for both relaxation and socializing.

Just a stone's throw away, Alamitos Heights offers a slightly more upscale vibe with its stunning views of the Pacific Ocean and the iconic Long Beach skyline. This neighborhood is renowned for its well-maintained homes and lush landscaping, providing a serene retreat from the hustle and bustle of city life. Residents here appreciate the vibrant arts scene, with galleries and cultural events that celebrate the area's rich heritage.

For investors, both Belmont Heights and Alamitos Heights present excellent opportunities for residential income properties. With a high demand for rental units and a steady influx of new residents, these neighborhoods are ideal for those looking to diversify their real estate portfolio. Whether you're searching for a charming bungalow or a modern multi-family unit, the potential for income generation is abundant in these sought-after communities. Embrace the lifestyle and investment opportunities that Belmont Heights and Alamitos Heights have to offer!

Newest Belmont Heights, Alamitos Heights (2) Homes with Residential Income Property Type

$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

$1,600,000

PW26158162 MLS ⋅ Active Status

Truly a one-of-a-kind "unicorn" property! Tucked away in the highly sought-after neighborhood of Alamitos Heights—an area almost exclusively made up of single-family homes—lies a rare residential income gem. Whether you’re looking to house-hack by living in one unit and renting out the other two, or aiming to add a high-demand income producer to your portfolio, the potential here is endless. Enjoy the quiet charm of a premier Long Beach neighborhood while capitalizing on a multi-family investment that virtually never hits this market! Addresses include 764, 766, and 770 Terraine. All units are currently occupied -- PLEASE DO NOT DISTURB OCCUPANTS! Please submit offers subject to inspection.

764 Terraine Avenue, Long Beach

$1,695,000

OC26147634 MLS ⋅ Active Status

Discover the potential of this classic Spanish duplex in the heart of Belmont Heights, featuring two detached homes on one lot and offering a rare opportunity for investors, multi-generational living, or owner-occupants seeking rental income. The front residence is a two-story home with timeless character, including original hardwood floors, built-ins, and a spacious living room and dining area with large picture windows overlooking the front garden. A white picket fence and mature shade trees create welcoming curb appeal, while the formal dining room and vintage tile kitchen reflect the home’s original charm. Upstairs are two generously sized bedrooms, a third smaller bedroom ideal for an office or nursery, and two bathrooms. The primary bedroom has a private balcony and its own bath with a shower, while a full hall bath serves the additional bedrooms. A powder room is conveniently situated on the main level off the kitchen area. Located at the rear of the property is a detached one-bedroom, one-bath apartment above its own two-car garage with two separate entrances, providing privacy from the main residence. A bonus room adjacent to the garage offers additional space with potential for a studio, home office, gym, or other uses. A long driveway provides ample off-street parking and access to both detached garages, adding convenience and functionality. With two detached homes, vintage Spanish architecture, abundant parking, and exceptional potential, this is a rare opportunity to restore and reimagine a classic Belmont Heights property.

323 Park Avenue, Long Beach

$1,549,900

PW26138957 MLS ⋅ Active Status

Potential! Potential! First time on the market in 50 years. This Belmont Heights duplex offers a 3 bedroom, 2 bath back unit and a 2 bedroom, 2 bath front unit. Property is approximately 3200 sqft. Both units have a family room and fireplace. Each unit has sliding glass doors and private patio areas. Inside laundry with ample closet and storage space. Units are light bright and open. Large garage offers 3 parking spaces, 3 garage doors and 3 parking spaces. New roof in December 2025. Possible 500 square foot ADU above the garage, check with City of Long Beach for guidelines.

359 361 Roswell, Long Beach

$2,375,000

PW26074353 MLS ⋅ Active Status

Timeless Spanish Charm with Modern Upgrades PLEASE DO NOT ENTER THE PROPERTY OR CONTACT THE TENANTS WITHOUT AN APPOINTMENT Step into a beautifully upgraded 1928 Spanish-style property that seamlessly blends historic character with contemporary improvements. This well-maintained asset offers strong rental appeal and long-term investment potential. Property Highlights Classic architecture featuring refinished original mahogany doors and moldings Five units with refinished hardwood floors Upgraded kitchens and bathrooms throughout Separately metered gas and electric for all units Two spacious 2-bedroom units (#2 & #4) Remodeled kitchens with microwaves and dishwashers. Unit #2 includes forced-air heating Four 1-bedroom units with updated kitchens with modern finishes All six bathrooms upgraded for improved comfort and appeal Additional Amenities Large on-site laundry room with separate gas and electric meters & Tenant storage lockers. Newer fencing and secure entry gates Property termite treated (2000) Listing Agent is the Owner

843 Newport, Long Beach

$2,450,000

OC26146653 MLS ⋅ Active Status

3700 East 4th Street is an 8-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach, California. Constructed in 1963, the property totals approximately 6,336 net rentable square feet on a 0.14-acre parcel and features a desirable unit mix of 4 one-bed/one-bath units, 1 two-bed/one-bath unit, and 3 two-bed/two-bath units. 3700 East 4th Street offers investors the opportunity to acquire a well-positioned multifamily asset in one of Long Beach’s most desirable coastal rental neighborhoods. Belmont Heights is known for its established residential character, proximity to the beach, and access to popular lifestyle amenities, supporting strong renter demand within the immediate area. The property provides several resident amenities, including 4 single-car garages, on-site laundry, security/screen doors, and in-unit laundry in 4 of the units. Current ownership has also maintained the asset through recent improvements, including a roof replacement completed in 2024. In addition to its physical attributes, the property benefits from strong in-place rents, as ownership has kept rents aligned through regular increases. Offered at a 5.69% cap rate on current rents, 3700 East 4th Street provides investors with immediate in-place income in a high-demand Belmont Heights location, while maintaining long-term appeal through its coastal Long Beach setting, functional unit mix, and proximity to daily conveniences and lifestyle amenities.

3700 E 4th Street, Long Beach

$2,000,000

OC26146571 MLS ⋅ Active Under Contract Status

927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.

927 Belmont Avenue, Long Beach

$1,795,000

PW26134375 MLS ⋅ Active Status

In a rather hidden enclave of Belmont Heights, this wonderful property offers 2 separate homes for investment or owner occupier w/ an income. This is a low traffic area with great walk-ability. The owner has resided in each of these homes & these are not typical “rental” properties. The front home, while originally built in 1947, has been gutted & undergone multiple renovations. It is 3 bedrooms, 3 baths, a studio, and a loft. With cathedral ceilings, the airy yet cozy interiors feature heart of redwood paneling in the dining & living rooms, wood burning fireplace, large family room w/ adjacent sun room, & the loft above it all. The kitchen is thoughtfully updated with in-demand stainless appliances, Caesarstone counter tops, 5 burner stove, built-in Jenn-Air grille, instant hot water tap, & elegant travertine flooring. Well selected natural cherry cabinetry for smart storage completes the space. A separate laundry & refrigerated wine room is adjacent to the kitchen. The downstairs bedroom offers a remodeled bath with high tech shower fixtures. The upper floor is clad in Berber carpeting & the loft is a convenient space that overlooks the living room. Bedroom 1 features a sliding glass door to a private deck, & the 2nd bedroom upstairs has a very large closet. A studio/4th bedroom has a deck w/ separate entrance accessed by spiral staircase. The home has forced air heat & central air.. It enjoys part of the yard area & shares a 2-car garage w/ the rear home. The owner added 1000 sf to create appx 2600 sf. Recent re-landscape is no maintenance w/ installation of artificial turf & drip system. Most decks & the walkway are crafted of elegant, precious, & extremely durable Ipe wood. When the private rear home was the owner's unit no expense was spared in an extensive make over – think HGTV! This home was built in 1963 & attention to detail is superior. A large living room w/skylights fir wonderful natural light & a fireplace for heating the home is showcased amid hardwood flooring. The kitchen is beautifully remodeled with stunning cabinetry, Caesarstone counter tops, & luxurious appliances including a refrigerator, dual convection & microwave oven, dishwasher, & refrigerated wine storage. The bath is fitted with a “no step” walk in shower, dramatic tile, high end plumbing fixtures, & elegant cabinetry. This rear home is estimated at 950 sf & has a secluded & enclosed rear yard w/ laundry locker w/appliances, & semi-private front patio for al fresco dining.

516 518 Roycroft Avenue, Long Beach

$2,198,000

PW26127296 MLS ⋅ Active Status

Welcome to La Casa Mariana, an exceptional Spanish-style triplex located just two blocks from the Pacific Ocean in Long Beach’s coveted Bluff Park Historic District. Rich in architectural character and timeless design, this remarkable property features two spacious two-bedroom residences in the front building, each offering approximately 1,455 square feet of living space, along with a charming one-bedroom residence of approximately 726 square feet in the rear building. The two structures surround a private central courtyard, creating a serene retreat highlighted by a sparkling pool and spa—an uncommon amenity that has proven highly attractive to long-term, quality tenants. Further enhancing the property's appeal is ample off-street parking for all residents, including four garage spaces. Lovingly maintained by the same family for more than four decades, La Casa Mariana presents a rare opportunity for either an owner-occupant seeking supplemental income or an investor pursuing a fully leased, architectural asset. Its premier location further reinforces its desirability, within easy walking distance of Bluff Park, the beach, and the popular collection of restaurants, cafés, and boutiques along Broadway. The property is also conveniently close to Long Beach’s renowned Belmont Shore shopping and dining district, offering the very best of coastal living just moments away.

3517 E 2nd, Long Beach

$1,695,000

PW26126693 MLS ⋅ Active Status

Exceptional Bluff Park Historic District Triplex situated on a prominent corner lot at E. 1st Street and Redondo Avenue, just one block from the beach and neighborhood amenities. This unique property features three well-maintained units across two separate buildings, offering an attractive blend of historic character, functionality, and long-term investment potential. The front residence at 3366 E. 1st Street is a spacious 2-bedroom, 1-bath unit featuring updated luxury vinyl flooring, abundant natural light, charming built-in cabinetry, a dedicated office/flex space, private balcony, and partial ocean views from the living and dining areas. The second unit, 29 Redondo Avenue, offers 2 bedrooms and 1 bath with original hardwood flooring, an updated kitchen with modern cabinetry, and classic architectural details that reflect the property’s timeless character. Completing the property is 27 Redondo Avenue, a detached 1-bedroom, 1-bath unit situated above the garages, featuring hardwood flooring in the living area, newer windows, an updated kitchen with modern cabinetry, and excellent privacy. The property includes three individual garage spaces, separate gas and electric meters, shared laundry facilities, mature landscaping, and attractive curb appeal. All three units feature updated kitchens and cabinetry throughout, providing modern convenience while preserving the charm and character that make this coastal Long Beach property so desirable. Ideally located within the Bluff Park Historic District, residents enjoy close proximity to the beach, Bluff Park, Belmont Shore, Retro Row, dining, shopping, entertainment, and the vibrant Long Beach coastline. Whether for an investor seeking a well-located income property or an owner-user looking to offset housing costs with rental income, this rare Bluff Park offering presents a compelling opportunity.

3366 E 1st, Long Beach

$1,329,000

PW26120664 MLS ⋅ Active Status

This unique duplex is located in the historic Bluff Heights neighborhood, within walking distance of local shops, coffee houses, restaurants, the popular Retro Row district, and the Bluff overlooking the beach. The front portion of the property is an original 3 bedroom/1bath Craftsman bungalow, providing exceptional charm and attractive curb appeal, with a completely renovated kitchen and refurbished bathroom. The rear unit is a spacious 1,250-square-foot residence featuring 2 bedrooms and 2 bathrooms. Completely renovated from top to bottom, this home offers the comfort and convenience of all-new construction with thoughtful modern upgrades throughout. Improvements include new doors and windows, all new plumbing and electrical, new insulation for enhanced comfort and sound reduction, luxury vinyl plank flooring, a mini-split HVAC system, a private stacked washer and dryer, a fully remodeled kitchen with all new appliances, and beautifully updated bathrooms. The generous floor plan includes oversized bedrooms with large closets, including a private primary suite. Additional features of the property include a private outdoor space for each unit, a front driveway, the original single car garage (now used as storage) and a dedicated rear parking space accessible from the alley. This is a must-see property that combines historic neighborhood charm with modern living.

373 Gladys, 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.