Westside (11) Homes with Residential Income Property Type

Welcome to the vibrant Westside of Long Beach, California, where coastal charm meets urban sophistication! Nestled in Los Angeles County, this dynamic neighborhood is not just a place to live, but a lifestyle to embrace. With its beautiful beaches, eclectic dining, and rich cultural scene, Westside offers an ideal environment for both families and investors alike.

The Westside is renowned for its diverse architecture, featuring a mix of classic California bungalows and modern multifamily units. For those looking to invest, this area is particularly appealing due to its residential income properties. These homes not only provide a comfortable living space but also the potential for steady rental income, making them an excellent choice for savvy investors. Imagine owning a charming duplex or triplex, where you can enjoy the benefits of homeownership while generating revenue from rental units.

The community here is as inviting as the homes themselves. Residents enjoy easy access to beautiful parks, local markets, and a variety of entertainment options. The proximity to the beach means you can spend your weekends soaking up the sun or enjoying water sports, while the vibrant arts scene keeps the cultural calendar full year-round.

Whether you’re looking to settle down or seeking a lucrative investment opportunity, the Westside of Long Beach is a fantastic choice. With its unique blend of residential income properties, stunning coastal views, and a welcoming community spirit, this region truly has something for everyone. Discover the charm and potential of Westside Long Beach today!

Newest Westside (11) Homes with Residential Income Property Type

$1,250,000

OC26127043 MLS ⋅ Active Under Contract Status

Well-maintained triplex featuring three townhouse-style units, each offering 2 bedrooms and 2 bathrooms with a functional two-story floor plan. The property includes an on-site laundry room for added convenience. One unit has been updated, providing enhanced appeal and functionality. Situated on Wardlow Road in Long Beach, this multifamily property offers convenient access to shopping, dining, schools, parks, public transportation, and major transportation corridors. The townhouse-style design provides separation between living and other areas, creating a desirable layout for residents. An excellent opportunity to own a multifamily property in an established Long Beach neighborhood.

2336 W Wardlow Road, Long Beach

$5,600,000

OC26123229 MLS ⋅ Active Status

Seller Financing Available – 75% LTV at 4% Interest, Interest-Only Payments for Up to 5 years. La Pasada, a 29-unit apartment building located at 515 W. 3rd Street in the heart of Downtown Long Beach. The property consists of 11 SRO units, 14 studios, and 4 one-bedroom apartments, serving the area's growing demand for affordable workforce housing. Originally constructed as a hotel, La Pasada has operated as apartments for more than two decades while retaining its grandfathered hotel zoning. This rare designation provides ownership with the flexibility to continue operating as apartments or explore future short-term lodging opportunities. The building has undergone substantial capital improvements, including renovated unit interiors, central HVAC throughout all 29 units, a remodeled second-floor community bathroom, updated building systems, and an on-site laundry facility. Additional improvements include a newer roof, upgraded electrical infrastructure, replacement windows, and sewer line improvements. Located within walking distance of the waterfront, La Pasada benefits from proximity to Aquarium of the Pacific, Long Beach Convention Center, Shoreline Village, and Cesar E. Chavez Park. The property also enjoys convenient access to the 710 Freeway, Pacific Coast Highway, public transportation, and the ongoing redevelopment of Downtown Long Beach. With below-market financing, a strategic downtown location, flexible zoning, and upside through stabilization of occupancy, La Pasada represents a compelling investment opportunity in one of Southern California's most dynamic urban markets. Investment Highlights Seller financing: 75% LTV at 4% interest, interest-only payments for up to 5 years 29-unit workforce housing asset (11 SROs, 14 studios, 4 one-bedrooms) Grandfathered hotel zoning provides operational flexibility Significant recent capital improvements completed Central HVAC in first floor units Opportunity to increase income through lease-up and operational stabilization Walkable Downtown Long Beach location near major employment, entertainment, and waterfront amenities Positioned to benefit from continued investment and redevelopment in Downtown Long Beach Current stabilized cash-on-cash return exceeds 7% with seller financing in place.

515 W 3rd, Long Beach

$1,249,000

SB26112414 MLS ⋅ Active Status

Rare vacant multi-unit opportunity in a highly desirable Westside Long Beach location featuring 4 separate living spaces , offering exceptional versatility for investors, owner-occupants, house hackers, or multi-generational living. The property consists of a front 2-bedroom, 1-bath home, an upper-level 2-bedroom, 1-bath unit, a newly constructed 1-bedroom, 1-bath ADU, and an additional 2-bedroom, 1-bath rear unit, creating a unique compound-style layout where each residence feels like its own private home. Designed around a central courtyard, the property offers an inviting outdoor gathering space ideal for entertaining, relaxing, or creating separation and privacy between the residences. The courtyard enhances the property's charm and creates a true compound-style atmosphere that is difficult to find. Property has an assumable loan at 2.5 percent interest rate.Per seller, one of the units was previously utilized as a short-term rental and reportedly generated approximately $5,000/month in Airbnb income. Buyers are advised to independently verify all short-term rental regulations, permits, use restrictions, and income potential with the City of Long Beach. The property will be delivered completely vacant at closing, creating a rare opportunity to immediately occupy, lease at market rents, or customize the property to fit a variety of living and investment strategies. The newly built ADUs provide modern appeal and strong income potential. Conveniently located near restaurants, Silverado Park, freeways, public transportation, and nearby bus stops. Located in a very desirable area of Westside Long Beach and just minutes from the beach and ocean. Rare opportunities featuring new ADUs, multiple residences, bonus space, courtyard living, and vacant delivery are increasingly hard to find.

1562 W 31st Street, Long Beach

$759,000

PW26096704 MLS ⋅ Active Status

Discover this perfect starter-investment duplex in Long Beach, featuring a 2 bed-1 bath unit and a 1 bed-1 bath unit with independent private yard, a patio, and a 2-car garage, which is centrally located in between the units, offering privacy to each unit. The property boasts utility efficiency with separate meters for electricity and gas. Situated on an east-facing corner lot, it offers excellent proximity to major freeways, transit hubs, the Port of Long Beach, and the dining/entertainment options of Bixby Knolls and Downtown. Upgrades within the last 10 years include new roofs, windows, heaters, bathroom, and granite counters. Property is vacant, and it is just perfect for any of your plans such as owning 1 unit and rent out the other one, or just having both units for rental at the current market rent. This is the passive income generator you've been waiting for. Buy, hold, and profit!

3661 Webster, Long Beach

$849,900

PW26089068 MLS ⋅ Active Status

Newly remodeled Front home and New construction ADU! Great Westside neighborhood within walking distance to Elementary, Middle and High School! Super cute 2 bedroom one bath home with fenced front yard. New construction 2024 Back house 2 bedroom 2 bathroom, walk in closets, Stackable washer and dryer hook ups, Both homes have AC. there is a gated driveway and spacious front patio for each home. short drive to terminal Island and Long Beach Harbor.

2033 W Burnett Street, Long Beach

$1,150,000

PW26075549 MLS ⋅ Active Status

4pex featuring a unit mix of two 3-bed, 2-bath units and two 1-bed, 1-bath units. The property includes three detached garages, providing additional income potential and valuable tenant amenities. Situated on a 6,389 sq ft lot with approximately 2,821 sq ft of living space, the property consists of two separate structures, creating a functional layout for tenants. Located in a highly walkable Long Beach neighborhood, this 4plex has consistent rental demand and convenient access to local amenities. Value-add opportunity with upside through interior upgrades, exterior improvements, and rental optimization. The larger units in particular present strong income potential in today’s market.

1430 W 19th, 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.