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

$279,999
1 Beds 1 Baths 26987899 MLS Active Status
***VA APPROVED*** Welcome to The Willmore at 315 W. 3rd Street, where the elegance, optimism and architectural romance of the Hollywood Twenties still live in the heart of vibrant Downtown Long Beach. The Willmore is more than a residenceit is a piece of Long Beach history. Conceived during the city's remarkable growth in the 1920s, the building was originally known as The Stillwell and was designed as an upscale apartment hotel. Its architects, Fisher, Lake & Traver, were also responsible for the legendary Hollywood Roosevelt Hotel. Designed in the Italian Renaissance Revival tradition with Beaux-Arts influences, the Willmore represented one of the high points of luxury high-rise apartment design in 1920s Long Beach. It was ultimately recognized for that architectural significance when it was placed on the National Register of Historic Places in 1999. The main lobby is a throwback to the 1920s, when Long Beach was emerging as one of Southern California's glamorous seaside destinations and buildings like the Willmore represented a new era of sophisticated urban living. Enter beneath its graceful arches and step into a grand vintage lobby where soaring ceilings, period detailing and old-world craftsmanship immediately transport you to another era. And the experience continues above the city. Head to the 11th-floor Solarium, framed by distinctive arched windows and offering panoramic views across Downtown Long Beach and beyond. Step outside to the spectacular rooftop terrace, an exceptional setting to relax above the city, enjoy the coastal air, entertain friends, or simply watch the skyline transform as evening settles over Long Beach. Outside the Willmore's historic walls is the energy of Downtown Long Beach. Fine dining, nightlife, cafs and cultural attractions are close at hand, along with the Aquarium of the Pacific, Shoreline Village, the waterfront and Terrace Theater, home to performances by the Long Beach Symphony. It is an opportunity to enjoy the character of a landmark building while remaining connected to one of Southern California's most dynamic coastal downtowns. Adding to the convenience, HOA dues include water, gas and electricity, an increasingly valuable benefit. Secured parking is available nearby at 364 W. Roble Way, at 3rd Street and Chestnut Avenue on the same block as the Willmore. Classic architecture , Coastal city living & a Nearly century of Long Beach history at your residence. At the Willmore, you aren't simply living in Downtown Long Beach, you are becoming part of one of its most distinctive architectural stories

315 W 3rd Street Unit 203, Long Beach

$1,399,900
10 Beds 4 Baths 26870367 MLS Active Status
RARE 4-UNIT OWNER-USER, VALUE-ADD & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 117 W. 9th Street presents a unique opportunity to acquire a Long Beach multifamily property with TWO VACANT 2-BEDROOM UNITS. 50% OF THE PROPERTY AVAILABLE FOR IMMEDIATE OCCUPANCY OR LEASE-UP! The two currently occupied units generate $3,355 per month / $40,260 annually, with existing rents of $1,995 and $1,360. This provides established income from day one while leaving TWO 2-BEDROOM UNITS VACANT and available for a new owner to immediately reposition, improve, occupy, or lease at current market rents, subject to applicable laws. For an OWNER-USER, the opportunity is particularly compelling: occupy one of the vacant 2-bedroom units while receiving rental income from the occupied units and retaining an additional vacant 2-bedroom unit for future rental income. For an INVESTOR, 50% vacancy creates the opportunity to immediately address a significant portion of the property's income potential rather than waiting for existing tenants to vacate. Current annual operating expenses are approximately $17,390, with current NOI of approximately $22,870 BEFORE ANY INCOME FROM THE TWO VACANT UNITS. The property's current financial performance therefore reflects only 50% physical occupancy and should be evaluated together with the potential income available through lease-up of the two vacant units. Multiple strategies are available: OWNER-OCCUPY, LEASE-UP, RENOVATE, VALUE-ADD, HOLD, or 1031 EXCHANGE. Existing income + two vacant 2-bedroom units + immediate control of 50% of the units creates a compelling opportunity for a buyer seeking long-term upside. PORTFOLIO SALE: 117 W. 9th Street is being offered as part of a portfolio sale together with 1089 E. 7th Street, Long Beach, providing an opportunity to acquire multiple Southern California multifamily assets. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer. Buyer to independently verify all rents, expenses, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and owner-occupancy requirements.

117 W 9th Street, Long Beach

$1,399,900
6 Beds 4 Baths 26870317 MLS Active Status
STRONG LONG BEACH MULTIFAMILY INVESTMENT & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 1089 E. 7th Street presents investors with an opportunity to acquire an income-producing Long Beach multifamily asset generating approximately $8,000 PER MONTH / $96,000 IN ANNUAL GROSS RENT. With approximately $27,465 in annual operating expenses, the property generates an estimated NET OPERATING INCOME (NOI) OF $68,535, representing an approximate 4.90% CAP RATE at the offered price. The property also reflects an approximate 14.58 GRM, providing investors with an attractive combination of existing income, cash flow, and long-term ownership potential in the Long Beach rental market. Unlike opportunities that depend primarily upon future projections, 1089 E. 7th Street offers substantial EXISTING RENTAL INCOME from day one. The property's income profile makes it well suited for a long-term multifamily investor, portfolio buyer, or 1031 Exchange purchaser seeking replacement property with established cash flow. Located in Long Beach, the property provides access to one of Southern California's established rental markets and offers investors the opportunity to acquire a multifamily asset with approximately $96,000 in annual gross rental income while maintaining the potential for future rent growth, operational improvements, and long-term appreciation. PORTFOLIO OPPORTUNITY: 1089 E. 7th Street is being offered as part of a portfolio sale together with 117 W. 9th Street. The properties offer complementary investment strategies: 1089 E. 7th Street provides high existing income, and 117 W. 9th Street offers two vacant 2-bedroom units with owner-user and value-add potential. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer; also to independently verify all rents, expenses, income, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and all other property information.

1089 E 7th Street, 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.