90804 Homes with Residential Income Property Type

90804 Homes with Residential Income Property Type

Welcome to the vibrant community of Long Beach, California, specifically the charming 90804 zip code! Nestled in Los Angeles County, this area is known for its rich history, diverse culture, and beautiful coastal living. With easy access to stunning beaches, trendy shops, and delectable dining options, residents of 90804 enjoy a lifestyle that blends relaxation with urban convenience.

The 90804 zip code boasts a variety of residential properties, making it an attractive choice for homebuyers and investors alike. One of the standout features of this area is the availability of homes with residential income potential. Whether you're looking to invest in a multi-unit property or seeking a single-family home with rental opportunities, 90804 has a wealth of options to suit your needs.

Imagine owning a charming bungalow or a modern duplex, where you can live in one unit while generating income from the other. The rental market in Long Beach is thriving, driven by a steady influx of students, young professionals, and families seeking the perfect blend of coastal living and urban amenities. This makes 90804 an ideal location for those looking to capitalize on residential income properties.

In addition to its investment potential, 90804 is home to parks, schools, and community events that foster a strong sense of belonging. With its friendly atmosphere and welcoming neighbors, you’ll find that life in Long Beach is not just about owning property, but about being part of a lively and engaging community. Come explore the possibilities in 90804, where your dream home and investment opportunity await!

Newest 90804 Homes with Residential Income Property Type

$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

$1,525,000
SB26163180 MLS Active Status
We are pleased to present 3822 E. 7th Street, a well-maintained 5-unit multifamily investment opportunity located in the Belmont Heights submarket of Long Beach. This 5,014 SF lot benefits from extremely efficient lot coverage as it features (2) separate structures, a large central courtyard, and a communal outdoor barbeque area in the rear. The front structure consists of (4) 1 Bed/1 Bath units. These spacious, nearly identical units span approximately 750 square feet each and showcase the classic character and charm associated with vintage Belmont Heights apartments. The rear structure features (1) fully remodeled 2 Bed/1 Bath unit upstairs with approximately 950 SF of living area, which includes a master bedroom and walk in closet. Downstairs, there are (3) garages (one of which is currently being used for owner storage), and an on-site laundry room with leased units. Overall, the property has been meticulously maintained by ownership and features copper plumbing throughout with a consistently maintained main sewer line, exceptional unit interiors, and a recently inspected roof found to be in excellent condition. Priced at a 5.21% CAP rate and 12.47 GRM on current in-place income, with upside to an achievable 7.84% Market CAP rate and 9.28 Market GRM, this offering provides investors with strong day-one cash flow with compelling value-add components on multiple fronts. First, the 33% rent upside is compounded by the building’s extremely efficient expense profile as owner-paid utility expenses have historically remained very low. Further, the prudent investor can increase NOI by transitioning to owner-operated laundry equipment and monetizing the garage currently used for owner storage. In addition, the configuration of the rear structure offers significant ADU appeal (buyer to verify). Lastly, this Belmont Heights location boasts a Walk Score of 92 (“Walker’s Paradise”) and is located near excellent schools, including Woodrow Wilson High School a mere half mile away. In addition, the property’s proximity to the Traffic Circle provides convenient access to the major economic and employment hubs of Los Angeles and Orange counties, supporting consistent tenant demand in this strong infill location

3822 E 7th Street, 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

$2,000,000
OC26146571 MLS Active Under Contract Status
927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.

927 Belmont 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.