90804 Homes with Mixed Use Subtype

90804 Homes with Mixed Use Subtype

Welcome to the vibrant community of Long Beach, California, specifically the charming zip code 90804. Nestled within Los Angeles County, this area boasts a unique blend of urban convenience and coastal charm, making it an ideal location for those seeking a dynamic lifestyle.

The 90804 zip code is characterized by its diverse neighborhoods, each offering its own distinctive flair. From quaint tree-lined streets to bustling avenues, residents enjoy a rich tapestry of culture, cuisine, and community spirit. With proximity to the stunning shores of Long Beach, outdoor enthusiasts can indulge in beach activities, parks, and scenic waterfront strolls, all while being just minutes away from the thriving downtown area.

One of the standout features of this region is the availability of homes with a mixed-use subtype. These properties provide a unique opportunity to live, work, and play all in one place. Imagine stepping out of your front door and finding cafes, boutiques, and professional services just a stone's throw away. This blend of residential and commercial spaces not only fosters a sense of community but also offers the flexibility for entrepreneurs and creatives to thrive in their own neighborhoods.

Whether you're a first-time homebuyer, a seasoned investor, or someone looking to establish a vibrant business presence, the mixed-use properties in 90804 present a rare opportunity to embrace a lifestyle that balances comfort and convenience. Discover the charm of Long Beach and explore the possibilities that await you in this exceptional zip code!

Newest 90804 Homes with Mixed Use Subtype

1128 Temple, Long Beach
$2,500,000
PW26236589 MLS ⋅ Active Status
1128 Temple Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1987, the three-story property features 100% spacious two-bedroom/two-bathroom residences averaging approximately 956 square feet. Four of the eight units offer private balconies, while additional amenities include 13 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,500,000, the property presents a compelling value proposition with pricing metrics that compare favorably to recent sales. The projected 6.55% capitalization rate exceeds the comparable average of 5.95%, while the 9.80 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's attractive relative valuation and competitive income potential. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,495 per unit, approximately 2% below the surveyed comparable average of $2,547. This measured underwriting approach provides investors with additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment base, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $163,695, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1128 Temple Avenue offers investors a compelling opportunity to acquire a well-located asset at a favorable basis relative to recent comparable transactions.

1128 Temple, Long Beach

1074 Redondo, Long Beach
$2,625,000
PW26236605 MLS ⋅ Active Status
1074 Redondo Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1989, the three-story property consists of 100% spacious two- bedroom/two-bathroom residences averaging approximately 973 square feet. Each unit is equipped with HVAC and a private balcony, while additional amenities include 14 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,625,000, the property presents a compelling investment opportunity with pricing and income metrics that compare favorably to recent transactions. The projected 6.54% capitalization rate exceeds the comparable average of 5.95%, while the 9.87 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's competitive acquisition basis and attractive projected income potential relative to comparable multifamily assets. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,595 per unit, approximately 8.2% below the surveyed comparable average of $2,828. This measured underwriting approach provides investors with meaningful additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment centers, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $171,753, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1074 Redondo Avenue offers investors a compelling opportunity to acquire a well-located, newer-vintage multifamily asset with competitive pricing and potential for long- term income growth.

1074 Redondo, Long Beach

724 Temple, Long Beach
$1,355,000
PW26228215 MLS ⋅ Active Status
724 Temple Avenue is a six-unit apartment building located in the desirable Rose Park neighborhood of Long Beach. The property features five one-bedroom units and one two-bedroom/one-bathroom unit. Built in 1952, this single-story apartment building sits on an approximately 6,132-square-foot lot and offers seven on-site parking spaces, on-site laundry, and numerous capital improvements. Recent improvements include an updated electrical panel, copper plumbing, a new water heater, vinyl plank flooring throughout all units, and fresh exterior paint. The property's location in Rose Park offers residents convenient access to Long Beach's established residential neighborhoods, local restaurants, cafés, neighborhood retail, and everyday amenities. Situated near the East 4th Street corridor, residents can enjoy the area's popular dining and shopping destinations while benefiting from convenient access to Downtown Long Beach, California State University, Long Beach, and the coastal amenities that make the city an attractive place to live. The surrounding area combines neighborhood charm with urban convenience, supporting demand from renters seeking an accessible Long Beach location. With its functional unit mix, seven on-site parking spaces, on-site laundry, recent capital improvements, and potential for rental growth, 724 Temple Avenue presents an attractive opportunity for investors seeking a multifamily asset in an established Long Beach neighborhood. Note: The property is not located within the Rose Park Historic District.

724 Temple, 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.

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