90805 Homes with Apartment Subtype

90805 Homes with Apartment Subtype

Welcome to the vibrant community of Long Beach, California, nestled within the 90805 zip code! This dynamic area, located in Los Angeles County, boasts a rich tapestry of culture, convenience, and charm, making it an ideal place for families, young professionals, and anyone seeking a lively urban lifestyle.

The 90805 zip code is home to a diverse array of neighborhoods, each with its own unique character. Here, you’ll find a mix of residential options, including homes with apartment subtypes that cater to various lifestyles. These properties often feature spacious layouts, modern amenities, and the flexibility that comes with multi-unit living. Whether you’re looking for a cozy studio or a larger multi-bedroom apartment, the housing options in this area are designed to meet the needs of today’s residents.

Residents of 90805 enjoy easy access to a wealth of local attractions, including parks, shopping centers, and dining establishments that reflect the multicultural essence of Long Beach. The area is also well-connected to major highways and public transportation, making commuting a breeze for those who work in downtown Los Angeles or surrounding areas.

With a strong sense of community, excellent schools, and a variety of recreational activities, 90805 is not just a place to live; it’s a place to thrive. Embrace the warmth and welcoming spirit of Long Beach, where your dream home awaits in this charming zip code. Explore your options today and discover why so many are proud to call 90805 home!

Newest 90805 Homes with Apartment Subtype

5529 Dairy, Long Beach
$3,195,000
SB26216803 MLS ⋅ Active Status
Price Reduction! Rare opportunity to own a turnkey 10-unit, non-rent-controlled apartment building in North Long Beach, producing strong cash flow at an approximately 7% current cap rate from day one. The building was taken down to the framing in 2022 under permit and extensively rebuilt with a new roof, new electrical and plumbing systems, new HVAC, new windows, and an individual water heater for every unit. Interiors feature new cabinetry, flooring, recessed lighting, updated bathrooms, and stainless steel appliances, complemented by drought-tolerant landscaping. The unit mix consists of five 1 bed / 1 bath units and five 2 bed / 1 bath units, including three newly built ADUs. Gas and electricity are separately metered and paid directly by the tenants. Four of the ten units are master leased to a single organization, providing one rent payment each month and reduced property management demands. With every major building system substantially new, near-term capital expenditure requirements are minimal. As a non-LA-City rent-controlled asset, the property also allows significant 8.7% annual rent increases (5% + CPI) for future upside. The property is located roughly five miles from Douglas Park and the Long Beach Airport aerospace corridor, where Anduril, Rocket Lab, Relativity, and other major employers continue to expand, and offers convenient access to the 710, 91, and 405 freeways. A coastal-city rental market without coastal-city pricing.

5529 Dairy, 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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