90813 Homes with Residential Income Property Type

90813 Homes with Residential Income Property Type

Welcome to the vibrant neighborhood of Long Beach, California, nestled within the bustling zip code 90813. This area is a hidden gem in Los Angeles County, offering a unique blend of urban excitement and coastal charm. Known for its diverse community and rich cultural heritage, 90813 is a thriving hub that attracts families, professionals, and investors alike.

One of the standout features of this region is its array of homes with residential income property potential. Whether you’re a seasoned investor or a first-time buyer looking to supplement your income, the properties in this area provide an excellent opportunity. Many homes come with additional units or are designed for multi-family living, making it easy to generate rental income while enjoying the benefits of homeownership.

The homes in 90813 are not just about investment—they also reflect the vibrant lifestyle of Long Beach. With tree-lined streets, local parks, and proximity to the stunning coastline, residents enjoy a blend of urban convenience and natural beauty. The area is also home to a variety of restaurants, shops, and entertainment options, ensuring there’s always something to do.

Moreover, Long Beach is known for its excellent schools and community services, making it an ideal place for families. With easy access to public transportation and major highways, commuting to downtown Los Angeles or other parts of the city is a breeze.

In summary, zip code 90813 in Long Beach, CA, offers not just a place to live, but a lifestyle filled with opportunity and charm. Explore the potential of residential income properties here and invest in a community that truly has it all!

Newest 90813 Homes with Residential Income Property Type

811 Lime Avenue, Long Beach
$835,000
SB26234382 MLS ⋅ Coming Soon Status
Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! Duplex is located in a strong rental market, just blocks from St. Mary’s Medical Center, the Metro, Downtown Long Beach, and the ocean. The property consists of two 2-bedroom, 1-bathroom units, each offering over 1,000 square feet of living space. Both units include laundry hook-ups and off-street parking. Top unit delivered vacant. Additionally, Seller may be willing to cover a portion of a buyer's closing costs.

811 Lime Avenue, Long Beach
830 Elm Avenue, Long Beach
$5,150,000
28 Beds ⋅ 23 Baths ⋅ 26105141 MLS ⋅ Active Status
We are pleased to present 830-842 Elm Avenue, an attractive 23-unit multifamily investment opportunity located in Long Beach, California. Built in 1964, the property consists of two separate buildings totaling approximately 16,624 square feet on a 15,779-square-foot lot. The desirable unit mix consists of five two-bedroom/one-bathroom units and eighteen one-bedroom/one-bathroom units. The property has benefited from several significant capital improvements, including deck improvements completed in 2024 and copper re-piping completed in 2016. Constructed with wood framing, stucco exteriors, and pitched roofs, the buildings feature select renovated units with upgraded kitchens, quartz countertops, modern cabinetry, stainless steel appliances, contemporary fixtures, and wood-style flooring. Additional interior improvements include updated bathrooms and modern finishes. Residents enjoy gated entry, an on-site laundry room, and ample parking consisting of 12 enclosed garages and four surface parking spaces, providing a total of 16 parking spaces. The property is separately metered for gas and electricity, helping minimize owner-paid utility expenses. Offered at $5,150,000, the property presents an attractive investment opportunity with a 6.72% current capitalization rate and a 9.88 current gross rent multiplier. With strong in-place cash flow and additional upside through continued rent growth, 830-842 Elm Avenue offers investors the opportunity to acquire an established multifamily asset with long-term appreciation potential in the Long Beach rental market. Two separate parcels, 842 APN# (7273-018-004)

830 Elm Avenue, Long Beach
1208 Daisy Avenue, Long Beach
$1,899,000
2 Beds ⋅ 12 Baths ⋅ 26104579 MLS ⋅ Active Status
PRICED TO SELL - 8.9 GRM AND 7.5% CAP. EARN OVER A 10% CASH ON CASH RETURN on in place rents. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. A new owner can level rents to market and be at a 8.7 GRM and 7.8% CAP. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games. Excellent lender financing is available for qualified Buyers at 30% down, 6.1% fixed for 5 years, Interest Only.

1208 Daisy Avenue, Long Beach
1085 Lewis, Long Beach
$1,900,000
PW26227999 MLS ⋅ Active Status
COURT ORDERED SALE- SELLER AND BROKER CANNOT MAKE ANY REPRESENTATIONS TO THE CONDITION OR HISTORY OF THE PROPERTY. ACCEPTED OFFER SUBJECT TO COURT CONFIRMATION. We are pleased to present 1085 Lewis Avenue, a 14-unit multifamily property totaling 6,441 square feet of living space built in 1923 in Central Long Beach’s Cambodia Town neighborhood. The property has a unit mix of eight studios, five one-bedroom/one-bath units, and one two-bedroom/one-bath unit. All units are separately metered for gas and electricity (buyer to verify). Priced attractively at $1,900,000, which works out to $135,714 per unit and $294 per square foot, yielding a 7.08% current cap rate and an 8.27 GRM- this is one of the lowest price per unit and highest cap rate deals to come for sale in Long Beach this year. In-place rents are about 12% below current market levels. Long Beach has no municipal rent control ordinance- the property falls under AB 1482 which allows for an 8.7% rent increase currently. The property boasts a 91 walk score and is within a five minute walk of Aldi's, Smart and Final, and Lincoln Elementary/Pre-School. The location is dense and renter-driven, with easy access to Downtown Long Beach, the Port, and the 710 and 405 freeways

1085 Lewis, Long Beach
919 Hoffman, Long Beach
$725,000
RS26226192 MLS ⋅ Active Status
Investor and owner-user opportunity in Long Beach! Presenting 919-921 Hoffman Ave, a duplex offered at $725,000 and sold AS-IS. The property needs work and will be DELIVERED VACANT at close of escrow, so you can renovate and set your own rents from day one. Two separate units with their own entrances, a detached garage, and a driveway for off-street parking. Live in one unit and rent the other, or fully renovate both and add value to your portfolio. Close to shopping, dining, schools, and easy freeway access. Opportunities like this don't last. Bring your contractor and your vision!

919 Hoffman, Long Beach
1067 N Norman Court, Long Beach
$799,000
PW26211191 MLS ⋅ Active Status
Excellent investment opportunity featuring three updated units consisting of two 1-bedroom, 1-bath units and one studio. The property has been thoughtfully improved with updated interiors and significant infrastructure upgrades, including a new electrical panel, new gas line, and on-demand hot water. A great opportunity for an investor looking to add an income-producing multifamily property to their portfolio, or an ideal setup for multigenerational living with three separate living spaces. Several major improvements have already been completed, making this a versatile property with multiple possibilities.

1067 N Norman Court, Long Beach
310 W 14th Street, Long Beach
$1,299,000
PW26223046 MLS ⋅ Active Status
Six units in three buildings with three separate addresses on an approximately 7,500 sq ft corner lot just north of Downtown Long Beach, across the street from 14th Street Park. Rents were reset in August 2026, bringing scheduled income to $115,492 per year: a 5.54% cap rate and 11.25 GRM at list price. The property offers a mix of one- and two-bedroom units, plus a rentable garage, storage rooms and on-site laundry. The garage also presents potential for conversion to an ADU, subject to buyer verification and city approval. The owner has kept reinvesting. All three buildings were repainted in 2025, the garage has a new door, one unit received new waterproof flooring and new windows, and another has a fully replaced shower and new flooring. Every unit has its own water heater, two of them recently replaced, and gas and electric are separately metered. Solid current income with room to grow, in a location close to Downtown. Offered in as-is condition.

310 W 14th Street, Long Beach
1605 Cherry Avenue, Long Beach
$1,373,000
OC26221690 MLS ⋅ Active Status
We proudly present Cherry Avenue Apartments, a four-unit multifamily investment opportunity located at 1605 Cherry Avenue in Long Beach, California. The property generates $100,800 in annual gross scheduled rental income ($8,400 monthly), with approximately 13% potential rental upside based on estimated market rents. Built in 1949, the single-story property offers a mix of two- and three-bedroom residences, complemented by two garage parking spaces. Individual exterior entrances open onto a shared landscaped courtyard featuring mature greenery and gated pedestrian access. The single-story layout provides residents with no upstairs neighbors, contributing to the property's inviting residential setting. Situated along Cherry Avenue near Pacific Coast Highway, the property offers convenient access to neighborhood shopping, dining, and public transportation. Its location connects residents to destinations throughout Long Beach, while separate utility metering supports direct tenant billing for individually metered services and helps limit owner-paid utility expenses. Cherry Avenue Apartments offers investors an income-producing multifamily property combining strong in-place rental income, potential rental upside, courtyard living, and a desirable unit mix. ** DO NOT DISTURB TENANTS **

1605 Cherry Avenue, Long Beach
1036 Cherry Avenue, Long Beach
$2,125,000
10 Beds ⋅ 8 Baths ⋅ 26997193 MLS ⋅ Active Status
Huge ~500k Price Reduction! 8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 8% from day 1! Excellent unit mix of 1 (3bed/1bath) unit and 7 (1bed/1bath) units including 2 brand-new attached ADUs. Several 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 8.7% annual rent increases (5%+CPI) for future upside. 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.

1036 Cherry Avenue, Long Beach
1454 Magnolia, Long Beach
$979,000
PW26215392 MLS ⋅ Active Status
Seller is willing to contribute up to $20,000 towards closing costs. This can be used to buy down your rate! 4plex in the heart of Long Beach. This property features four 1-bedroom, 1-bath units, with the potential of turning each of them into 2 bedroom units. Two vacant units now. The building has a functional layout and a central front entry, providing straightforward management and leasing. The property includes a large rear concrete area with gated access, offering potential for additional parking, tenant use, or future improvements. Separate access pathways and open space enhance usability for both tenants and ownership. Located in the Washington neighborhood of Long Beach, the property benefits from a highly walkable location (Walk Score ~93) with easy access to shopping, dining, public transportation, and major commuter routes.

1454 Magnolia, Long Beach
1019 Lewis, Long Beach
$3,565,000
PW26209030 MLS ⋅ Active Status
1019 Lewis Avenue presents the opportunity to acquire a substantially renovated 16-unit multifamily property offering strong in-place cash flow, a stable income profile and additional rental upside in a highly walkable north Downtown Long Beach location. Offered at $3,565,000, the property generates a 7.95% current cap rate, with upside to a 8.77% market cap rate as rents move toward market levels. Ownership has invested approximately $400,000 in capital improvements, significantly reducing near-term capital expenditure requirements for a new investor. Fifteen of the property's 16 units have been fully renovated, while major building improvements include a new roof on one building, a newly sealed roof on the second building, a new 400-amp main electrical panel, upgraded subpanels and majority copper plumbing. The property features a highly desirable unit mix consisting of (14) 2BD/1BA units and (2) 1BD/1BA units. Current rents average $2,168 per unit, compared with projected market rents of ~$2,325, representing approximately 7% overall rental upside. Scheduled rental income has the potential to increase from $416,300 to $446,400 annually as rents are brought toward market levels. The property benefits from a stable income profile, with the majority of residents participating in HACLA or HACLB housing assistance programs. This provides an attractive combination of dependable rental income and continued organic upside as below-market rents are adjusted over time. Two newly constructed ADUs have already been incorporated into the property, increasing the asset's income-producing unit count while demonstrating the property's ability to accommodate additional density. Ownership has identified the potential for additional ADU development, providing a future investor with another avenue for long-term value creation beyond the existing rental upside. At the $3,565,000 offering price, 1019 Lewis generates $283,366 in current NOI, equating to 7.95% current cap rate and 8.31 GRM. At projected market rents, NOI increases to ~$312,482, supporting a 8.77% market cap rate and 7.74 GRM. The combination of strong day- one yield and ~$29,116 in additional NOI potential provides investors with meaningful current income without relying on an extensive renovation or repositioning program. Located just north of Downtown Long Beach, 1019 Lewis provides convenient access to the city's employment centers, shopping, dining, transit and waterfront amenities.

1019 Lewis, Long Beach
1439 Cedar, Long Beach
$2,895,000
SB26175498 MLS ⋅ Active Status
1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units have been upgraded/improved. The main electrical panel was upgraded in the 1990s. All the hot and cold-water supply lines were replaced in 2021. Prior to current ownership, the mail drain line was replaced with ABS in the larger than average crawlspace and substantial improvements were made to the foundation. All the units feature vinyl plank and ceramic-type tile flooring. Some units have had kitchen remodels with newer cabinets and quartz countertops. Pretty good mix of open floor plans and units with large walk-in closets. There are stairs leading to the roof for easy access and maintenance. There is on-site laundry and 4 garage spots which are rented for additional income. This property is located directly across the street from Washington Middle School which is currently undergoing a $176 million reconstruction process. It is conveniently located close to the 710 freeway, downtown Long Beach, and city transportation. 1439 Cedar Avenue offers steady cash flow with limited capital expenditure risk in a dense rental market.

1439 Cedar, 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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