Downtown Area, Alamitos Beach (4) Homes with On Street Parking features

Downtown Area, Alamitos Beach (4) Homes with On Street Parking features

Welcome to the vibrant Downtown Area of Long Beach, California, where urban living meets coastal charm! Nestled along the stunning Southern California coastline, the Downtown Area is a bustling hub of culture, entertainment, and community. Just a stone’s throw from the picturesque Alamitos Beach, residents enjoy the best of both worlds: the energy of city life and the tranquility of beachside living.

Downtown Long Beach is known for its eclectic mix of restaurants, shops, and cultural attractions. Stroll along the waterfront promenade, explore the local art scene, or indulge in delicious cuisine at one of the many trendy eateries. The area is also home to the Long Beach Convention Center, offering a variety of events and performances throughout the year, making it an exciting place to live and thrive.

Alamitos Beach, with its golden sands and inviting waves, is perfect for sunbathing, beach volleyball, or simply enjoying a sunset stroll. The proximity to the beach makes this area an ideal choice for those who crave a laid-back lifestyle without sacrificing the conveniences of urban living.

For those seeking a place to call home, the Downtown Area offers a range of housing options, including charming residences with the coveted feature of on-street parking. This added convenience is a rare find in urban settings, allowing residents to enjoy the ease of city living without the hassle of parking woes.

Experience the perfect blend of coastal relaxation and urban excitement in the Downtown Area of Long Beach, where your dream home awaits!

Newest Downtown Area, Alamitos Beach (4) Homes with On Street Parking features

$437,900
2 Beds 2 Baths IG26155933 MLS Active Status
Your view, your balcony, your walk to everything. This third-floor corner condo at The Tiffany delivers privacy, a peek-a-boo city view, and a location that puts Downtown Long Beach's best right outside your door, all behind the security of a gated community. Step outside and Shoreline Drive, The Pike Outlets, the Aquarium of the Pacific, and Shoreline Aquatic Park are all within easy walking distance, along with the restaurants and nightlife that make this neighborhood one of the city's most sought-after. Morning coffee by the water, dinner two blocks from home; this is the lifestyle. Inside, sunlight and coastal breeze move freely through an open layout that leads out to a private balcony, your own spot to unwind, do a little yoga, or sip on your coffee. The kitchen pairs quartz countertops with a smart, functional layout built for both quick meals and entertaining. The primary suite offers a private ensuite bath, while a beautifully updated guest bathroom serves the rest of the home. Thoughtful upgrades such as new closet doors throughout and ceiling fans in every bedroom add comfort and polish. An in-unit stackable washer and dryer means laundry day never leaves home. The building itself delivers everyday ease with an elevator and a quiet courtyard retreat. This is low-maintenance coastal living at its most convenient. Schedule your showing and then pack your bags for your new Long Beach home!

401 W 5th Unit 3C, Long Beach

$1,050,000
2 Beds 6 Baths 26676253 MLS Active Status
1081 Cherry Avenue presents investors with a rare opportunity to acquire a fully occupied, cash-flowing six-unit asset in Long Beach at a compelling 6.42% current cap rate with immediate upside on the table. Offered at $1,100,000, $183,333 per unit and $397 per square foot, this 1923 built property delivers strong in place income of $110,208 annually against a lean 33% expense ratio, producing a current NOI of $70,569 with a clear path to $92,263 at pro forma rents. The property consists of one two-bedroom one-bath unit and five studios across 2,773 square feet of building on a 6,187 square foot lot. All six units are occupied with tenants paying gas and electric, and the building features an on-site laundry facility and garage parking for the two-bedroom unit. Studios are currently averaging $1,272 per month against a market rent of $1,600, representing an 18% rental upside that a new owner can capture through natural turnover with no heavy lifting required. At pro forma rents the GRM compresses to 8.45 and the cap rate expands to 8.39%, both favorable against comparable sales in the submarket which are averaging a 6.09% cap rate and 11.06 GRM. For the value-add investor seeking strong in-place cash flow with meaningful upside ahead, 1081 Cherry Avenue delivers day-one income, a below-market rent profile with room to grow, and the kind of returns that get stronger over time as rents are pushed to market through natural turnover.

1081 Cherry 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.