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

$539,000

IG26198162 MLS ⋅ Active Status

Welcome to 358 E. 53rd St., Long Beach, a two-unit property offering flexibility for both owner-occupants and investors. Live in one unit while renting the other, or utilize both units as income-producing properties. Each unit features 1 bedroom and 1 bath. Conveniently located in North Long Beach, this property offers easy access to surrounding areas and is close to schools, restaurants, parks, shopping, and freeway access. Whether you're looking to generate rental income or add a property to your investment portfolio, don't miss this opportunity!

358 E 53rd Street, Long Beach

$1,250,000

RS26195279 MLS ⋅ Active Status

Very rare rental units with huge lot for another unit to develop or build. Located near freeways 710 & 105 gives easy access. One Structure with 2 units and 1 SFR at the rear side with 3 beds/3baths. and a backyard.

42 W Mountain View Street Unit 44, Long Beach

$2,275,000

11 Beds ⋅ 9 Baths ⋅ 26880381 MLS ⋅ Active Status

North Long Beach income property with consistent demand, proximate to major Los Angeles employment hubs and local transit. 6626 Orizaba ($1,175,000) to be sold w/ 6620 Orizaba Ave ($1,100,000) for a total of 9 units, across 2 continuous parcels, for a combined approx 10,800 SF lot and 4,213 SF building. Well-located complexes off the 91/710 freeways, ideal for developers (demolish to rebuild on the lots), owner-occupants, or investors. ***1ST PARCEL (6626 Orizaba): This 2-story complex, containing 4-units, all 2-1, was built in 1964, encompasses 2610 sq ft of building and a 5,339 sq ft lot. One of the occupied units has a uniquely large room that tenants use like a 3-1. Two of the units are vacant: easier to renovate to specific tastes. One unit needs a remodel; the other can be spruced up to personal preference. Both vacancies have recent window upgrades. All 4-units have recently been re-piped w/ more shut-offs. Up-to-date pest protection (completed in 2024) and a worry-free, drought-tolerant yard. Detached 2-car garage (currently used for storage due to orientation on the lot) offers prime ADU conversion potential; maximize yield by exploring a city parking waiver to optimize site layout. Alternatively, consider splitting the structure to create a dual-income stream by converting half into an ADU, monetizing the remainder as premium tenant storage. There is plenty of on-site parking. A coin washer/dryer is managed by Wash Laundry and paid out $993 last yr. Tenants pay their own electricity & gas. The 2 occupied units are paying $3,550 monthly & there is room to increase to market. Upon remodeling, the other two could generate $2,000-2,200+ each. *** 2ND PARCEL (6620 Orizaba): Single-story 5-units, built in 1950, encompasses 1603 sq ft. of building and a 5,254 sq ft lot. The building was added onto w/ permits. Healthy mix of 5 units: one is 1-1, one is a hybrid 1-1/S, and three efficient studio units (including two micro-studios) optimized for high-yield urban living. Plenty of on-site parking, & coin laundry income in the next building is shared w/ Wash Laundry. It has been re-piped; 2 units were electrically upgraded, the roof is newer, the lawn is drought-resistant (no watering needed), & it is master metered w/ utilities incorporated into rents. Rents range from $900-2,075 & current monthly rent total is $6,700, w/ room to increase some units to market-level rents. This dual-parcel package delivers solid in-place cash flow today with clear near-term upside through unit renovations, rent optimization, and longer-term redevelopment or ADU potential: a rare combination of immediate income and future scalability in North Long Beach. Drive-by only / Do not disturb tenants.

6626 Orizaba Avenue, Long Beach

$1,088,800

OC26190608 MLS ⋅ Active Status

**Excellent 4-Unit Income Property with Strong Upside Potential! ** Interiors are remodeled previously; low-maintenance, well-maintained building with great tenants and excellent potential for future rent growth. The property features a **spacious backyard offering potential for additional ADU development, including the possibility of a two-story configuration, subject to city approval and buyer verification**. Ample parking includes **3 Carport spaces plus a 1-car garage**. Conveniently located with easy access to major freeways, nearby strip malls, and within walking distance to the police station and YMCA. A great opportunity for investors looking for **stable rental income with additional future development and income potential**

5174 Linden, Long Beach

$2,400,000

PW26180082 MLS ⋅ Active Status

Pleased to present 1005 East Harding Street, a well-maintained 10-unit apartment community in Long Beach's desirable North Long Beach submarket. The property features a strong unit mix of three 1-bedroom/1-bath units, six 2-bedroom/1-bath units, and one spacious 3-bedroom/1-bath unit with a fireplace, generating $20,741 per month in gross scheduled rent with additional income from four garages and on-site laundry. The property is fully all-electric with no gas. Current ownership has invested approximately $200,000 in capital improvements including updated kitchens, bathrooms, plumbing, laminate flooring in select units, and a completely new electrical system throughout the property — significantly reducing the capital expenditure burden for a new investor. SB 721 balcony inspections have been completed and approved with the City of Long Beach, eliminating a common compliance concern for buyers of properties built before 2000. The property delivers a 6.14% cap rate on current income with a clear path to a 7.03% proforma cap rate through maximum allowable rent increases under AB 1482. This is an investment opportunity for a buyer seeking stable cash flow with built-in upside through strategic management.

1005 E Harding Street, Long Beach

$1,100,000

PW26180123 MLS ⋅ Active Under Contract Status

92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Street offers a compelling combination of in-place cash flow, below-market rents, an all-two-bedroom unit mix, recent capital improvements, and potential future ADU development—all at a basis below recent comparable four-unit sales.

92 E Louise, Long Beach

$2,925,000

PW26176808 MLS ⋅ Active Status

10 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6% from day 1! Large unit mix of 9 (2bed/1bath) units and 1 (1bed/1bath) unit including 2 brand-new attached ADUs. Most units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. The property also offers on-site laundry and parking that generates additional income. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

473 E 55th Street, Long Beach

$3,000,000

OC26176306 MLS ⋅ Active Status

5503 - 5511 Cherry Avenue is a 17-unit multifamily investment opportunity in Long Beach, California. Constructed in 1960, the two-story, gardenstyle property features approximately 9,250 net rentable square feet on a 0.28-acre parcel. The community is arranged around a spacious central courtyard, with exterior walk-up access to the second-floor units. The property features a unit mix of 1 studio, 15 one-bed/one-bath units, and 1 two-bed/one-bath unit. Community amenities include gated access, security doors, on-site laundry, ceiling fans, a central courtyard, 12 surface parking spaces, and 1 garage space. Ownership completed approximately $85,000 in capital improvements in 2025, including a $52,000 electrical system upgrade with panel replacements and the $33,000 removal of the former swimming pool and installation of a concrete surface. These improvements strengthened the property’s electrical infrastructure while eliminating the maintenance and operating requirements associated with the former pool. 5503 - 5511 Cherry Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a predominantly one-bedroom unit mix and recently completed capital improvements.

5503 5511 Cherry Avenue, Long Beach

$3,295,000

12 Beds ⋅ 12 Baths ⋅ 26871087 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

$899,000

PW26164140 MLS ⋅ Active Status

Some properties simply offer space—this rare single-level duplex offers possibilities. Well maintained and thoughtfully designed, it presents a wonderful opportunity for multi-generational living, owner-occupancy with rental income, or a valuable addition to an investment portfolio. Each residence features 2 bedrooms, 2 bathrooms, separate utility meters, and a floor plan that balances privacy with everyday comfort. The front residence offers approximately 1,026 square feet of warm, inviting living space. Living room is spacious. The front bedroom features a wall of custom built-in wood cabinets, providing exceptional storage, while a well care for full bathroom is conveniently located next door. The generously sized second bedroom is a private ensuite complete with its own walk-in shower. The bright, airy kitchen offers abundant cabinetry and generous counter space, making everything from everyday meals to special celebrations a delight. A charming porch nestled between the two homes creates a peaceful setting to enjoy your morning coffee, greet neighbors, or simply relax and savor the fresh air. The back residence, approximately 841 square feet, offers the same thoughtful design with a spacious living room, two comfortable bedrooms, a well-maintained hallway full bathroom, and one bedroom with its own ensuite. The kitchen opens directly to the detached two-car garage and a generous backyard, creating an effortless connection between indoor comfort and outdoor enjoyment. A long private driveway leading to the detached two-car garage provides parking for at least four additional vehicles—an exceptional convenience for residents and guests alike. Ideally located just minutes from Bret Harte Elementary, Lindbergh Middle, Jordan High School, the 91 and 710 Freeways, and surrounded by shopping, dining, parks, and everyday conveniences, this versatile property is ready to fit your lifestyle. Whether you're bringing generations together under one address, living in one home while the other helps build your financial future, or expanding your real estate portfolio, this rare duplex offers more than a place to live—it offers the opportunity to create memories, build wealth, and enjoy lasting value. Welcome home!

5940 Gundry Avenue, Long Beach

$1,295,000

P1-28074 MLS ⋅ Active Status

318-320 East Market Street is a turnkey 4-unit income property featuring 3 residential units and 1 commercial storefront. All 3 residential units will be delivered occupied with tenants paying at or above market rates. The commercial storefront will be delivered vacant so you can ask full market rent from your new tenant. At the list price, the property has outstanding fundamentals with a pro forma 5.3 CAP RATE and 12.8 GRM. To make this one even better, all units are 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 in the residential units. The seller is motivated. This is one you don't want to miss.

318 320 E Market Street, Long Beach

$1,695,000

PW26138649 MLS ⋅ Active Under Contract 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

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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.