Lakewood Village (29) Homes with Residential Income Property Type

Welcome to Lakewood Village, a charming neighborhood nestled in the heart of Long Beach, California. Known for its picturesque tree-lined streets and a warm sense of community, Lakewood Village offers an inviting atmosphere that appeals to families, professionals, and investors alike.

This vibrant region is characterized by its diverse architecture, featuring a delightful mix of mid-century homes and modern residences. One of the standout features of Lakewood Village is the availability of residential income properties, making it an ideal choice for savvy investors looking to capitalize on the thriving rental market. These properties not only provide a steady income stream but also allow homeowners to enjoy the benefits of living in a sought-after location.

Residents of Lakewood Village enjoy easy access to a plethora of amenities, including parks, shopping centers, and dining options that cater to every palate. The community is also conveniently located near major freeways, providing quick access to downtown Long Beach and the stunning California coastline. Families will appreciate the proximity to reputable schools and recreational facilities, ensuring that both children and adults have plenty of opportunities for leisure and growth.

Whether you’re seeking a peaceful retreat or a promising investment opportunity, Lakewood Village stands out as a prime destination in Los Angeles County. With its unique blend of residential charm and income potential, this neighborhood is not just a place to live; it’s a vibrant community waiting to welcome you home. Come explore all that Lakewood Village has to offer!

Newest Lakewood Village (29) Homes with Residential Income Property Type

$1,595,000

OC26131199 MLS ⋅ Active Status

Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.

5139 E Carson Street, Long Beach

$2,098,700

OC26121247 MLS ⋅ Active Status

APPRAISED AT at 2.2m on 5/14/26. Instant equity for the buyer. 4529 Pepperwood Ave is a truly exceptional residence set in the highly desirable Lakewood Village, masterfully remodeled to deliver scale, style, and unmatched flexibility. Spanning 3,223 square feet, the main home offers 6 bedrooms and 5 bathrooms, including three private primary suites—an incredibly rare layout ideal for multigenerational living, extended guests, or maximizing comfort and privacy throughout the home. Designed with a sophisticated modern warmth, the interiors showcase beautiful white oak finishes, striking baths, expansive open living spaces, and a stunning kitchen that flows seamlessly into the dining area, creating an effortless setting for both daily living and elevated entertaining. Every detail has been thoughtfully and carefully curated to create a home that feels both refined and functional. Adding even more value is the brand-new detached ADU of 474 square feet with its own separate entrance, complete with 1 bedroom, 1 bathroom, and a beautifully appointed white oak kitchen. The perfect set up for guests, rental income, or independant living quarters. This added space gives the property remarkable versatility and value. From the stunning curb appeal to the high-end interior transformation, this is a turnkey property that delivers both beauty and function in one of Long Beach’s most desirable residential settings.

4529 Pepperwood Avenue, Long Beach

$1,699,900

PW26114417 MLS ⋅ Active Under Contract Status

Welcome to this exceptional multi-generational property located in the highly sought-after Lakewood Village neighborhood of Long Beach. Situated on a premium oversized corner lot of over 9,000 square feet, this rare property features a beautifully remodeled main home plus a newly built ADU, offering incredible flexibility for extended family living, rental income, or investment potential. The main home features 3 bedrooms and 2 bathrooms with an open and inviting floor plan filled with natural light. The spacious living room offers a cozy fireplace and a stunning bay window overlooking the front yard. The remodeled kitchen includes white shaker-style cabinetry, quartz countertops, a center island, custom fixtures, and modern finishes designed for both everyday living and entertaining. The private primary suite is a luxurious retreat, featuring a walk-in closet, sliding glass doors leading to the backyard, and a spa-inspired bathroom with a soaking tub and a large, step-in travertine shower that includes built-in bench seating. Additional upgrades include luxury vinyl plank flooring, fresh interior and exterior paint, dual-pane windows, crown molding, updated electrical, copper plumbing, newer roofs, newer central air and heating, and a newer sprinkler system. The newly constructed ADU offers 2 bedrooms and 2 bathrooms with contemporary finishes. It is also open and airy, and includes a primary suite. Both homes have private backyards. This unique Long Beach property combines modern upgrades, income potential, and an oversized lot in one of the area’s most desirable neighborhoods. Close to LBX for shopping and eating, located near several freeways for easy commuting. This home is in the assigned Twain and Bancroft school zones.

4705 Whitewood, 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.