90805 Homes with Residential Income Property Type

Welcome to the vibrant community of Long Beach, California, nestled in the heart of Los Angeles County, where the zip code 90805 offers a unique blend of urban convenience and suburban charm. This dynamic area is known for its diverse neighborhoods, friendly atmosphere, and an array of amenities that cater to a variety of lifestyles.

In 90805, you'll find a rich tapestry of residential income properties, making it an attractive option for both seasoned investors and first-time buyers looking to establish a foothold in the real estate market. The homes here range from charming single-family residences to well-maintained multi-unit buildings, providing ample opportunities for rental income. This area is particularly appealing for those seeking to capitalize on the growing demand for rental housing in Southern California.

Long Beach boasts a thriving economy, excellent schools, and an abundance of recreational activities, from beautiful parks to picturesque beaches. Residents enjoy easy access to major freeways, public transportation, and a wide variety of shopping and dining options, making it a convenient place to live and work.

With its diverse community and robust rental market, 90805 is an ideal location for those looking to invest in residential income properties. Whether you're interested in generating passive income or finding a place to call home, the Long Beach area has something for everyone. Embrace the opportunity to be part of this vibrant community and explore the potential that awaits in Long Beach's 90805 zip code!

Newest 90805 Homes with Residential Income Property Type

$1,369,000

P1-28074 MLS ⋅ Active Status

Welcome to 318-320 East Market Street, a turnkey income opportunity featuring 3 residential units and 1 commercial storefront currently used as a barbershop. All 4 units will be delivered with month-to-month tenants paying at or above market rates, with current gross monthly rent at $7,755. The property is in good marketable condition with upgrades by the current owner including new 200 amp electrical panels; updated plumbing; updated sprinkler and irrigation, and updated interior finishes and design. Solid CAP RATE and GRM. Run the numbers yourself, you won't want to miss this one.

318 320 E Market Street, Long Beach

$3,350,000

15 Beds ⋅ 10 Baths ⋅ 26854797 MLS ⋅ Active Status

Huge 650k Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 7% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a diverse unit mix consisting of 5 (1bed/1bath) units and 5 (2bed/1bath) units including 3 brand-new ADUs. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Located in prime North Long Beach just minutes from the beach, offering investors the opportunity to acquire a low-maintenance asset in a coastal rental market without premium coastal pricing! Majority of the units are master-leased by a single organization providing guaranteed cash flow and minimal vacancies. (Similar to a hassle-free NNN deal with stable income and more limited landlord responsibilities with ease of management and rent collection).

5529 Dairy Avenue, Long Beach

$1,695,000

PW26138649 MLS ⋅ Active Status

245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability.

245 E Artesia, Long Beach

$995,000

PW26141359 MLS ⋅ Active Status

Income-Generating Property with Two Permitted Homes on One Lot! Income Total: $4,900/month. Immediate rental income ($2,800/mo and $2,100/mo), long-term tenants. Newer Rear ADU built 2019 & Front home built 1941. ADU residence features a spacious 3-bedroom, 1.75-bathroom floor plan, HVAC, tile floors, composite or possible granite counters in Kitchen & Bathrooms, appx. 1,200 sq ft of modern living space. Front of lot is older independent, permitted 2 bedroom, 1 bathroom, Remodeled detached front house, appx 777 sq ft with private entrance, sep utilities, Kitchen Quartz type Counter top, Tile floors in Kitchen and Bath. Floor furnace. Hardwood floors in living room & bedrooms. Both have tankless water heaters, vinyl dual pane windows and copper pipe through out in both houses. Shed, Wood & Vinyl Fencing. Low maintenance. Perfect for a savvy investor looking for instant cash flow. Conveniently located near local amenities, 91 and 710 freeways and mass transit., California 1482 applies.Owner's photos were taken appx. in 2020.

6160 Gundry, Long Beach

$750,000

PW26121906 MLS ⋅ Active Status

Exceptional value-add triplex opportunity in North Long Beach. Situated on a prominent corner lot, this income-producing property consists of three 1-bedroom, 1-bathroom units, each featuring a private garage and dedicated outdoor space. One unit benefits from an oversized wraparound yard, providing enhanced tenant appeal and potential rental premium. The property presents a compelling opportunity for investors seeking rental upside through interior and exterior improvements. The asset is well suited for investors looking to add value and capitalize on Long Beach's strong rental demand. Conveniently located near major transportation corridors, retail amenities, employment centers, and neighborhood attractions, the property offers both accessibility and long-term growth potential. Whether you're a first-time multifamily investor or an experienced buyer seeking a repositioning opportunity, 180 E. 55th Street represents an attractive entry point into the Long Beach multifamily market.

180 E 55th, Long Beach

$1,295,888

PW26128325 MLS ⋅ Active Under Contract Status

Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.

1651 E South, Long Beach

$3,295,000

12 Beds ⋅ 12 Baths ⋅ 26844723 MLS ⋅ Active Status

Huge 600k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7.25% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.5% Cap Rate, 7.4 GRM, and 202k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.

6068 Atlantic Avenue, Long Beach

$810,000

RS26124359 MLS ⋅ Active Status

Located at 3404 E 65th Street, this unique multi-unit property presents an exceptional opportunity on the Long Beach and Lakewood border. Featuring two completely separate residential structures on a single lot, the property functions like two independent homes. This highly sought-after configuration is ideal for investors looking to attract long-term, premium tenants or an owner-occupant looking to live in one home while offsetting their mortgage with the other. Potential to convert garages to ADU making it a 3-4 unit property.

3404 E 65th, Long Beach

$1,225,000

OC26101020 MLS ⋅ Active Under Contract Status

6641 Hammond Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1959, the property consists entirely of two-bed/one-bath units, offering a desirable and efficient unit mix in a supply-constrained Southern California rental market. The adjacent 4-unit property at 6645 Hammond Avenue is also available, with each property offered at $1.225 million or both assets available together for $2.45 million, allowing investors to acquire either property individually or purchase a larger 8-unit footprint on contiguous parcels. The offering is priced at an attractive 5.66% cap rate on current rents, with projected upside to a 6.93% cap rate on market rents. This provides investors with immediate in-place yield and a clear path to improved performance through continued rent growth and more efficient income management. The property is situated on a 0.12-acre parcel and features approximately 3,000 net rentable square feet. Community amenities include in-unit laundry hookups, individual water heaters, and five surface parking spaces. The surface parking spaces are currently not separately monetized, providing a potential opportunity to create additional income through parking fees, subject to market demand and tenant considerations. In addition to existing income upside, the rear parking area may offer ground-up Accessory Dwelling Unit (ADU) development potential. A new owner may be able to explore the addition of one or more accessory dwelling units to increase rentable square footage and long-term income, subject to Long Beach requirements, site constraints, parking considerations, and approval from the appropriate municipal authorities. 6641 Hammond Avenue benefits from a central Long Beach location with convenient access to surrounding employment centers, retail corridors, and neighboring cities including Paramount and Bellflower. Residents are just 0.60 miles from a Target and Food 4 Less anchored retail center along Cherry Avenue, providing convenient access to everyday shopping and essential services. The property is also located approximately 2.5 miles from Lakewood Center, one of the area’s major shopping destinations and employment hubs, offering a wide range of retail, dining, and service-oriented amenities. Overall, 6641 Hammond Avenue represents an attractive Long Beach multifamily opportunity with strong in-place returns, market-rent upside, unmonetized parking income potential, and possible ADU upside.

6641 Hammond Avenue, Long Beach

$599,000

PW26100651 MLS ⋅ Active Status

**2 units delivered vacant** Value-add opportunity in North Long Beach. The property features a 2 bed / 1 bath main house with a bonus room currently used as a third bedroom. There are two additional detached studio units—one in the front and one in the rear (both currently vacant). Property is separately metered with (4) electric meters and (3) gas meters. The property has operated as a triplex for over 30 years and tax records reflect triplex use; however, the current owner has been informed by the City of Long Beach that City records indicate that this is a single-family residence. Seller makes no representations about the legal use of the property. Buyer to independently verify legal use, zoning, and potential paths to legalization. Significant upside for an investor or owner-user willing to navigate the process. Interiors of the front and rear structures recently got new paint and flooring. Middle unit needs TLC.

350 E South, Long Beach

$1,265,000

6 Beds ⋅ 4 Baths ⋅ 26831033 MLS ⋅ Active Status

This offering consists of three units, including a classic Spanish front house rich with authentic old-world character and two newly constructed ADUs completed in 2026. The front residence is a 1,178 SF, 3-bedroom, 2-bath Spanish home featuring hallmark architectural details such as an arched picture window, barrel ceiling, mock fireplace, and hardwood floors throughout. The kitchen has been updated with white cabinetry, dishwasher, stackable washer/dryer, newer free-standing stove, refrigerator, and garbage disposal, complemented by an inviting breakfast nook. Additional features include ceiling fans, window A/C units, a fenced front yard with automatic sprinklers, a shared private side patio, and a covered front porch. The property is one block from the Long Beach City bicycle rental station and offers convenient access to the Atlantic Blvd bus line. Located at the rear of the property are two brand-new ADUs498A and 498 E 52nd Street both never occupied and designed with modern finishes and efficient layouts. The lower ADU is a 532 SF, 1-bedroom, 1-bath unit. The upper ADU offers 2 bedrooms, 1 bath, and approximately 784 SF. Each ADU features private entrances, wood floors, A/C, tankless water heaters, in unit washer/dryers, double-pane windows, quartz countertops, dishwashers, and recessed lighting, delivering a turnkey living experience for future tenants. This property presents an exceptional opportunity for an owner-user or investor seeking strong rental income, modern construction, and a character-rich primary residence all on one site.

496 E 52nd Street, Long Beach

$2,410,000

PW26094741 MLS ⋅ Active Status

436–442 E. Market Street presents an exceptional investment opportunity to acquire a unique residential income property comprised of three separate buildings on an expansive 11,889 square foot lot. The front structure is a newly completed 1,814 square foot ADU duplex (completed May 2024), featuring two spacious 2-bedroom / 1-bath units, with laundry room, each offering 907 square feet of living space. Each unit is separately metered for water, gas, and electricity, providing added convenience and efficiency for ownership and management. Situated behind the duplex are two separate 4-plex buildings, originally constructed in 1964, with each building consisting of four 2-bedroom / 1-bath units, for a total of eight additional units. In total, the property offers 10 well-designed 2-bedroom / 1-bath units with 10 on-site parking spaces to accommodate tenants. Ideally located with convenient access to the 710, 605, and 405 freeways, this property offers strong rental appeal in a highly accessible location. With its desirable unit mix, substantial lot size, ample parking, and newly constructed front duplex, 436–442 E. Market Street represents an outstanding multifamily investment opportunity.

436 E Market, 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.