Eastside, Circle Area (3) Homes with Residential Income Property Type

Eastside, Circle Area (3) Homes with Residential Income Property Type

Welcome to the vibrant Eastside Circle Area of Long Beach, California—a hidden gem nestled in the heart of Los Angeles County. This charming neighborhood is known for its eclectic mix of residential income properties, making it a prime choice for investors and homebuyers alike.

The Eastside Circle Area boasts a unique blend of historical character and modern convenience. Tree-lined streets welcome you to a diverse community filled with friendly neighbors and an array of local businesses. Here, you’ll find everything from cozy coffee shops to trendy boutiques, all within a short stroll from your front door. The nearby parks and recreational spaces provide ample opportunities for outdoor activities, making it an ideal spot for families and individuals seeking an active lifestyle.

Homes in the Eastside Circle Area are often characterized by their distinctive architectural styles, ranging from charming bungalows to contemporary multi-family units. Many properties come with residential income potential, allowing homeowners to benefit from rental income while enjoying the comforts of their own residence. This feature not only makes it a savvy investment choice but also fosters a sense of community as residents often engage with one another.

With easy access to public transportation and major highways, commuting to downtown Long Beach or other parts of Los Angeles is a breeze. The Eastside Circle Area is also close to some of the best schools, making it a desirable location for families looking to settle down.

Whether you’re an investor seeking lucrative opportunities or a homebuyer searching for a welcoming community, the Eastside Circle Area offers a unique blend of charm, convenience, and potential. Discover your new home in this thriving neighborhood today!

Newest Eastside, Circle Area (3) Homes with Residential Income Property Type

$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
$730,000
OC26153760 MLS ⋅ Active Status
Welcome to this great investment opportunity or ideal owner-occupied property! This quaint and unique duplex features a comfortable 1 bedroom, 1 bath home with a backyard and a charming open-floorplan studio with its own private entrance. Each unit offers functional living spaces, making this property perfect for generating rental income, multigenerational living, or living in one unit while renting the other. Conveniently located near coffee shops, schools, dining, major commuter routes, this versatile property offers excellent potential for investors and homeowners alike. Don't miss the opportunity to own this income-producing property with endless possibilities.

2828 E 10th, Long Beach
$990,000
PW26150815 MLS ⋅ Active Under Contract Status
Classic Spanish Duplex in Long Beach's Highly Desirable Circle Area. Rich in timeless character and outstanding investment potential, this classic Spanish duplex offers the perfect blend of architectural charm and long-term value. The property features a spacious 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit, making it an ideal opportunity for both investors and owner-users. Inside, you'll find many original details that define classic Spanish design, including exposed wood beam ceilings, hardwood floors, graceful arched entryways, and an abundance of natural light throughout. Thoughtful capital improvements provide peace of mind, including a new roof (2025), upgraded electrical, updated sewer and drainage system (2019), copper plumbing, and a rebuilt community laundry room (2019). Additional highlights include a detached garage, private outdoor spaces for each unit, and an on-site community laundry that generates supplemental income. The property offers attractive in-place rental income with meaningful upside potential over time. Ideally situated in Long Beach's sought-after Circle Area, the property is just a short walk from Wilson High School, Recreation Park, Blair Field, the Billie Jean King Tennis Center, and Cal State Long Beach. Belmont Heights, popular shopping and dining destinations, and convenient access to major transportation corridors are also just moments away. Whether you're looking to build your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity to own a character-filled property in one of Long Beach's most desirable neighborhoods.

1052 Ximeno, Long Beach
$1,250,000
PW26142273 MLS ⋅ Active Status
Rare investment opportunity featuring four units on one lot. The front building consists of two 1-bedroom, 1-bathroom units, each with a spacious bonus room. The rear building offers two large 3-bedroom, 2-bathroom units situated above four oversized garages, providing an attractive layout with added privacy for tenants. High income potential. This value-add opportunity offers significant upside potential, making it ideal for investors seeking to increase future income and long-term value. Property is being sold as-is.

1015 Dawson Avenue, Long Beach
$1,350,000
SB26122163 MLS ⋅ Active Status
Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.

679 Obispo, Long Beach
$1,699,000
PW26116112 MLS ⋅ Active Status
Well-maintained 4-unit residential income property located in the desirable Eastside neighborhood of Long Beach. Built in 1991, the building offers 5,100 sq. ft. of living space on a 6,245 sq. ft. lot with a diverse unit mix comprised of — 2BR/1BA | 2BR/1BA | 4BR/2BA | 5BR/2BA ideal for maximizing rental income. The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity. Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors. Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.

1117 Euclid, Long Beach
$2,289,000
16 Beds ⋅ 10 Baths ⋅ 26826345 MLS ⋅ Active Status
HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 10.3 GRM AND 6.6% CAP ON MARKET RENTS. 9 units in Long Beach built in 1987, NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 5.40% for 5 years, Interest Only. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The City also approved a $38MM revamp of Long Beach Airport in preperation for the 2028 Olympic games.

1135 Raymond Avenue, Long Beach
$1,300,000
PW26108345 MLS ⋅ Active Status
The seller is willing to consider seller-carry financing for qualified buyers, providing a unique opportunity for investors seeking flexible acquisition terms in today’s financing environment. 2415 E. 7th Street presents a rare 5-unit investment opportunity in one of Long Beach’s most walkable and lifestyle-driven Rose Park neighborhoods, near the corner of 7th Street and Junipero Avenue. The property features a detached front house offering 2 bedrooms, 1.5 bathrooms, a private two-car garage, and additional uncovered parking in the driveway—a highly desirable setup that feels more like a single-family residence than a rental unit. The rear building consists of a well-maintained fourplex with two downstairs units and two upstairs units, comprised of three studio apartments and one 1-bedroom unit. The property is individually metered for gas and electricity, helping minimize owner expenses and improve operational efficiency. This asset offers investors a compelling combination of in-place income, strong rental demand, and long-term upside in a highly sought-after Long Beach location. The property has been well cared for over the years and benefits from its proximity to local dining, coffee shops, transportation, and the vibrant coastal lifestyle that continues to attract quality tenants to the area.

2415 E 7th, Long Beach
$1,299,000
PW26108897 MLS ⋅ Active Status
* $100,000 PRICE REDUCTION! * LONG BEACH TRIPLEX (SOUTH OF PCH), BUILT IN 1988 (Click the 360 icon above to view the video.) – This Multi-Family home was built from the ground up by the current owner in 1988. The spacious (3BR/2BA, 1596 sf) fully detached front unit was owner-occupied for years, as it was originally designed to be. The back two units (a 3BR/2BA and a 2BR/2BA) total 2706 sf. All three units feature 2-car attached garages (each with 2-car driveways), and they occupy an unusually large 6503 sf lot. Now we turn our attention to this property’s location in Long Beach: 1) Less than 2 miles from the beach and the Long Beach bike path 2) Quick access to Belmont Shore’s 2nd Street dining, shopping & nightlife, while being removed from the high-traffic tourist zone 3) Mere steps to Nieto Herrera Elementary School 4) Convenient to Cal State Long Beach, Recreation Park Golf Course and Marine Stadium… Overall, 1735 Orizaba Avenue benefits from being in a centrally located east Long Beach pocket near coastal amenities, established neighborhoods, dining corridors, and recreation — a combination that tends to support long-term desirability and property value stability. Take the time to thoughtfully compare, and you’ll realize why this is the one you’ve been looking for! (Note: Addresses for the two back units are 1737 & 1739 Orizaba Ave.)

1735 Orizaba Avenue, Long Beach
$2,195,000
PW26102358 MLS ⋅ Active Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages. A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential. Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.

924 Termino 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.