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$2,348,000
PW26163436 MLS Active Status
Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach

$699,000
PW26159198 MLS Active Status
Opportunity to own a well-maintained duplex featuring two units, 1007 Lewis Ave and 1009 Lewis Ave. The top unit at 1007 Lewis Ave. offers 2 Bedrooms, with an extra room that provides flexibility and is ideal for use as a home office, nursery, guest room or additional 3rd bedroom. The unit features fresh interior paint, a bright living space, and an outside washer & dryer area. The first floor unit at 1009 Lewis Ave. offers a, 1 Bedroom and 1 Bath unit, inside laundry, creating a practical layout. Both units have been refreshed, ceiling fans , counter tops & cabinets in kitchens & baths, tile and lovely wood laminate flooring. Outside there is a storage unit, security fence, and a shared backyard patio and entertaining area. This income-producing property is just minutes from the Hip East Village, Alamitos Beach, dining and public transportation. Walk to Medina's Bakery, La Bodega #2 for fresh meat, fruits and vegetables, Tacos at Chemas Place and fresh coffee and donuts at Tasty's and even a barber shop around the corner! Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents an excellent opportunity. Parking spaces for rent across the street at Colonia Tires and Auto Repair for $80/month.

1007 Lewis Avenue, Long Beach

$6,999,000
8 Beds 30 Baths 26860795 MLS Active Status
PRICED TO SELL - 9.3 GRM and 7.4% CAP at market rents. 30 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean with 16 onsite underground parking spaces (all are single spaces). 25 units were updated in the past 5 years and taken down to the studs - all new kitchen cabinets, counter tops, updated bathrooms, flooring and windows. 6 units have W/D's in them. The common areas and exterior were also redone. The Seller has spent over $2MM in CAP EX. The property features 30 legal units and 1 non-conforming 1 bed unit (401). The non-conforming unit can likely be legalized under the Long Beach Amnesty Program - Buyer to verify. The property has an 87 Walkscore. It has a 200 AMP main panel and 50 AMP subpanels - Buyer to verify. There is onsite laundry in the basement and 6 units have W/D in them as well. Based on area rental comps, there is approximately 14% rental upside, allowing an owner to achieve a 9.35 GRM and 7.4% CAP once rents are leveled to market. Excellent lender financing is available for qualified Buyers- 5.4% 5-year fixed debt. Earn over an 7.5% Cash on Cash Return against in place rents with upside to a 11%+ return at market. 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.

1152 E 1st Street, Long Beach

$969,000
SB26155784 MLS Active Status
Prime Investment Opportunity in Long Beach! This updated 3-unit property offers long-term value and reliable income less than 1/2 mile to the heart of downtown and less than 1 mile to the Ocean. Recent Cap Ex includes remodeled units with newer roofs and plumbing upgrades make for a unique opportunity at this price point. Perfect scenario to live in one unit and offset the mortgage by renting the other two. Surrounded by major developments like the Long Beach Civic Center, Queen Mary Island, and West Gateway, the property benefits from the city's continued investment growth. Just minutes from the vibrant Downtown Long Beach core, residents enjoy easy access to a wide range of dining, shopping, and entertainment options. Nearby Alamitos Beach, Golden & Lincoln Park, and Shoreline Village provide ample recreation opportunities. Conveniently located near the 710 and 405 freeways and the Metro Blue Line, residents also benefit from seamless accessibility to LA & Orange County. Long Beach's thriving economy, supported by its shipping, aerospace, and healthcare sectors, ensures a strong tenant base. Don’t miss this turnkey investment in one of Southern California's most desirable markets!

531 N Virginia Court, Long Beach

$2,049,000
2 Beds 12 Baths 26859339 MLS Active Status
PRICED TO SELL - 9.6 GRM AND 6.5% CAP. EARN OVER A 9% CASH ON CASH RETURN. 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. 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 5.4% fixed for 5 years, with 25% down.

1208 Daisy Avenue, Long Beach

$1,458,000
8 Beds 8 Baths 26853593 MLS Active Status
PRICED TO SELL - EARN OVER A 10% RETURN AGAINST IN PLACE RENTS. 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS. 8 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 units with a total of 5 structures on the lot. The property is professionally managed and features an excellent unit mix of studio, 1 and 2 bed units. The property has upside to a 9.1 GRM and 7.5% CAP. The property has parking for 3 cars in the rear of the building. All units have separate water heaters and the electrical subpanels were recently upgraded. The main electrical panel is a 200 AMP Siemens panel (Buyer to verify). All interiors are well maintained and feature laminate flooring, tile in the baths and updated kitchens. The property features a Walkscore of 86 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. Excellent financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down. 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.

740 Daisy Avenue, Long Beach

$2,165,000
12 Beds 11 Baths 26853651 MLS Active Status
PRICED REDUCED TO SELL AT 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9.1 GRM and 7.4% CAP. 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. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.

727 Olive Avenue, Long Beach

$1,250,000
3 Beds 2 Baths 26856719 MLS Active Status
Versatile and turn-key investment opportunity at 530 Almond Ave. This Long Beach DUPLEX has been thoughtfully updated and remodeled, offering a fresh, modern aesthetic across both units. Whether you're looking for a savvy addition to your portfolio or a property with built-in income potential, this one delivers. The property is currently performing well, with a front 3BD + 2BA house fully remodeled with a spacious and bright living room, dining area, renovated bathrooms and fully equipped kitchen with brand new LG appliances with fridge, stove, microwave, dishwasher and garbage disposal, as well as new countertops, new cabinets, new fixtures. Additional features include new recessed lighting, new vinyl flooring, covered one car garage, gated driveway with space for 3 cars, central AC on the front unit and a washer and dryer room in unit. All plumbing, electrical and HVAC systems have been upgraded. Relax outside and enjoy a large backyard area with new landscaping already occupied by tenants paying excellent rents, providing immediate cash flow from day one. The second unit is a 1BD + 1BA upstairs unit sitting above the garage on a separate building and remodeled with a mini split A/C unit. In addition to the two primary units, the property features a non-conforming studio situated below the 1BD unit, offering even more flexibility for creative use or additional workspace. Spacious backyard on an expansive lot with room for an ADU or additional improvements. The property includes a garage and a spacious driveway with enough room to accommodate multiple vehicles comfortably. With its stylish finishes, updated systems, and significant income potential, this is a standout opportunity to own a high-functioning property in a vibrant location. One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.

530 Almond Avenue, Long Beach

$3,475,000
14 Beds 14 Baths 26853641 MLS Active Status
PRICED TO SELL - 9.3 GRM and 7.0% CAP at market rents. 14 units in prime Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean, all units have been tastefully remodeled and 12 of the 14 units feature in unit W/D's. The front building was constructed in 1913 and the rear structure in 1956. All units were updated in 2020 including new kitchen cabinets, counter tops, updated bathrooms and flooring. Many units have private outdoor patios/spaces. The building was also recently painted green. The property features 5 garages, 1 carport and 2 open parking spaces. The 5 garages in the rear could potentially be converted into 2 new ADU's - Buyer to verify. Currently no tenants pay for parking, it is included as part of their lease. The front building (8 units) is master metered and the rear building (6 units) is separately metered for utilities. The property has an 87 Walkscore as well. Based on area rental comps, there is approximately 11% rental upside, allowing an owner to achieve a 9.35 GRM and 7.0% CAP once rents are leveled to market. 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.

1142 E 1st Street, Long Beach

$1,449,000
SW26135295 MLS Active Under Contract Status
Very well maintained, upgraded, and spacious (3816 sq. ft) (4) l bedroom units (approx. 950 sq. ft. ea.) located in the heart of the Alamitos Beach, a very desirable residential neighborhood---LOCATION/LOCATION/LOCATION !!!.....These 4 units are 2 blocks from the beach and adjacent to Bluff Park with a very high walk score.....abundant shopping/restaurants/bars/ & BEACH within EZ 5-15 minute walk. Public transportation on the corner.....E. BROADWAY. Again, a few blocks away is The EAST VILLAGE ARTS DISTRICT with historic Art Deco architecture and a mix of artists lofts, mid-century furniture stores, and sidewalk cafes like The Breakfast Bar, Berlin Bistro & others....a delightful area to enjoy eclectic food choices and good drinks. Retro Row along East 4th St. is another wonderful area....again, just a few blocks away....a large choice of restaurants/bars and great shopping opportunities with new and used merchandise offered from a variety of independently owned small establishments.....A GREAT AREA TO VISIT. The 4 unit actual rents are shown reflecting long term residents....projected numbers used for the analysis to see the fairly short term projections for a financially prudent investment property. In seller's family for almost 50 years....!!! It is a keeper property.......you will enjoy owning it!!!!

216 Esperanza, Long Beach

$924,000
PW26123123 MLS Active Status
This attractive 3-unit income property features a desirable unit mix consisting of one spacious 2-bedroom, 1-bath unit and two well-appointed 1-bedroom, 1-bath units, offering broad appeal to a variety of tenants. Each residence provides a comfortable and functional layout designed to maximize living space and everyday convenience. The property also includes three dedicated on-site parking spaces, a valuable amenity that enhances tenant satisfaction and rental demand. With its efficient unit configuration, off-street parking, and strong income-producing potential, this triplex presents an excellent opportunity for investors seeking a stable multifamily asset or owner-users looking to offset occupancy costs with rental income. Its versatile layout and attractive unit mix make it a compelling addition to any real estate portfolio. Plus, a new roof was installed in 2025 which is a great enhancement to the property.

1111 Walnut, Long Beach

$1,199,000
SB26124554 MLS Active Status
Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside — an investor's dream in one of Southern California's most dynamic rental markets. Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors. Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers — the kind of location that keeps units filled and turnover low.

1273 Chestnut, Long Beach

$2,140,000
12 Baths 26844923 MLS Active Status
2nd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.5% from day 1 with easily achievable upside to 8.1% Cap Rate on Proforma. Priced at only 178k per unit for a Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) paving a clear way to reach market rents and the 8.1% Proforma Cap Rate in the near future. The property features 12 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Select units have been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers on-site laundry which has been remodeled and generates additional income. Located in the heart of Downtown Long Beach, just steps from the East Village Arts District, Alamitos Beach, the Long Beach Convention Center, Aquarium of the Pacific, Queen Mary, and the Beach! Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime coastal urban corridor.

623 E Broadway, Long Beach

$1,275,000
8 Baths 26844683 MLS Active Status
PRICED REDUCED TO SELL - 9.5 GRM AND 6.5% CAP AT CURRENT RENTS. Earn over a 8% Cash on Cash Return. 8 units in Downtown Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). It's located down the street from the new library and right next to $8BB in brand new construction. The buiding has a Walk Score of 90 and is ideally located close to mass transportation as well as shopping and restaurants. The property is professionally managed and well maintained. The main electrical panel is 200 AMPS and the subpanels are 30 AMPS - Buyer to verify. The building also features copper plumbing - Buyer to verify. And it has newer vinyl windows. All unit interiors and hallways were updated in the past 5 years including new paint, fixtures and flooring. And the property got a new roof in 2025. There are 8 private storage rooms in the basement where the laundry is located. These are currently vacant but could be given to tenants as an amenity or leased out for $50-75/month. 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. Qualified Buyers can obtain a 27% down, 5 year loan fixed at 5.40%, Interest Only.

322 Daisy Avenue, Long Beach

$1,099,000
PW26114942 MLS Active Status
**2 HOUSES ON ONE LOT!** Rare opportunity to own a fully detached duplex featuring two separate homes on one lot. The front home offers 3 bedrooms, 2 bathrooms, plus a loft, while the rear home features 2 bedrooms and 1 bathroom. Ideal setup for owner-occupants, extended family, multi-generational living, or potential rental income. Both homes have separate entrances and their own indoor laundry. A spacious backyard separates the two residences and offers plenty of room for outdoor enjoyment, gardening, or future landscaping enhancements. Convenient alley access leads to 3 off-street parking spaces secured by an automatic gate. Centrally located near shopping, dining, schools, transportation, and major freeways. Buyer to verify all property information, uses, permits, and square footage to their satisfaction.

757 759 N Loma Vista Drive, Long Beach

$5,400,000
PW26120925 MLS Active Status
PROPERTY OVERVIEW - 1980'S CONSTRUCTION. Built in 1985, Ten60 Olive Avenue is a well-maintained 16-unit multifamily asset with strong curb appeal, located in Long Beach, California. The property features all 2-bedroom / 1-bath units with ample natural light. Amenities include on-site laundry facilities and secured underground parking with 24 parking spaces. $650K IN CAPITAL IMPROVEMENTS. Ownership has invested approximately $650K in recent capital improvements, significantly reducing near-term capital requirements and enhancing overall asset stability. Improvements include: high-end interior renovations on 11 of the 16 units, double-pane windows installed throughout all units, new railings and exterior enhancements, controlled access gates, building-wide security camera system, newly sealed roof in 2024, and upgraded fire panel system. ADDITIONAL INCOME & VALUE-ADD POTENTIAL. The property offers both in-place supplemental income and identifiable opportunities to further increase revenue; Laundry Income: On-site laundry facilities provide consistent ancillary income. Potential Utility Reimbursement (RUBS): Units are individually metered for gas and electricity positioning the asset for implementation of a RUBS program for additional income. Parking Income: Current rents include one parking space per unit. The property may offer an opportunity to increase parking income without requiring additional capital investment. STABLE IN-PLACE CASH FLOW WITH UPSIDE. With substantial capital improvements completed, strong curb appeal, and additional operational upside remaining, Ten60 Olive Avenue presents a well-balanced multifamily investment opportunity in the heart of Long Beach. The property combines stable in-place cash flow with meaningful long-term growth potential through rental increases, RUBS implementation, and ancillary income opportunities.

1060 Olive, Long Beach

$2,599,000
PW26113501 MLS Active Status
100K PROCE DROP!!! 433 W 4th Street is a rare 12-unit investment opportunity just 4 blocks from the ocean. 3 Separate buildings consisting of 4 units each with a unit mix of 10-1 bedroom / 1 bath units and 2- 2 bed/ 1 bathroom units. HUGE building Sq. Ft. 8,674 total which is approximately 722 Sq Ft. per unit these are large spacious units. Individually metered for gas, electricity and water keeps owners expenses down with tenants paying all utilities. Walking distance to Pine Avenue, restaurants, shopping, nightlife, and waterfront attractions that continue to drive demand in one of Southern California’s fastest growing rental markets. With strong rental demand, easy access to the 710 freeway, and continued redevelopment throughout Downtown Long Beach, 433 W 4th Street presents an exceptional opportunity for investors looking to acquire a coastal multi-family asset with immediate cash flow opportunity! Hurry a deal like this will not last long!

433 W 4th, Long Beach

$2,730,000
SB26114748 MLS Active Under Contract Status
We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units. All units were fully remodeled prior to current tenancy with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements include new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. New main electric panel and sub panels. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages. Priced at a 6.40% cap rate, 939 Pacific Avenue offers investors a well-maintained, improved asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.

939 Pacific, Long Beach

$1,400,000
8 Beds 8 Baths 26836519 MLS Active Under Contract Status
Subject property is a well-located 8 unit apartment building consisting of all 1 bedroom 1 bathroom units in the Downtown Long Beach/ East Village Arts District submarket, a high-demand urban area known for its strong rental market and proximity to coastal amenities. Offering a smaller-scale investment opportunity with a functional layout that appeals to a broad tenant base. Its Central location provides convenient access to Downtown Long Beach, the waterfront, dining, retail, and major transportation corridors, supporting consistent occupancy and long-term rental demand. Buyers are required to execute the U.S. Bank Seller's Addendum with the Purchase Agreement! Please contact listing Agent before submitting an Offer!!!

815 E 9th Street, Long Beach

$7,400,000
PW26023461 MLS Active Status
Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction. Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, façade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout. All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beach’s growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found in newer multifamily products. The asset also includes seven garage parking spaces, newly constructed garage structures with mechanized doors, & private resident storage lockers in the basement, amenities that are increasingly rare and highly valued in dense coastal markets like Long Beach. In addition to durable, stabilized current income, the property offers a substantial tax advantage through accelerated depreciation. A completed cost segregation study projects approximately $2.37M in depreciation within the first five years of ownership, creating significant sheltering potential for investors seeking tax-efficient cash flow. Situated just blocks from the Pacific Ocean & Bluff Park, Pike Manor blends essentially new construction quality with the character and walkability that define this highly coveted pocket of Long Beach.

1827 E 4th Street, Long Beach

$2,429,000
6 Beds 14 Baths 26825645 MLS Active Status
PRICED TO SELL AT 9.4 GRM & 6.7% CAP WITH UPSIDE TO 7.1% CAP. 14 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). The property is professionally managed and well maintained. EARN OVER 9% CASH ON CASH AGAINST IN-PLACE RENTS. Some units have updated kitchens, baths and flooring. The property also just received updated landscaping and paint. The building features and excellent unit mix for the area and is located blocks from $8BB worth of redevelopment in the Down Town Long Beach area. There is no onsite parking but there is onsite laundry. The electrical is Siemens - it's a 200 AMP main panel with 30 AMP subpanels (Buyer to verify). 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 City of Long Beach also just approved a $38MM makeover of the Long Beach Airport in preperation for the 2028 Olympics. Qualfied Buyers can get a new loan at 5.40% Fixed for 5 years, Interest Only.

1217 Cedar Avenue, Long Beach

$2,800,000
PW26099843 MLS Active Status
1070 Chestnut Avenue is a 12-unit multifamily asset located in the Long Beach, California within the Willmore Historic District submarket. The property consists entirely of 1 bedroom / 1 bath units, offering a functional and consistent unit mix with a combination of original character and select interior upgrades. Condo Conversion Optionality: Each unit has a separate APN, creating the potential for future individual condominium sales. The property has benefited from several recent capital improvements, reducing near-term maintenance exposure and enhancing operational stability. These include: New roof, windows, and upgraded electrical system, Line-X sewer line replacement, Recently installed individual water heaters, and Upgraded wall-mounted furnaces in select units. Each unit is individually metered for gas and electricity and features its own water heater, supporting efficient utility management and expense control. The asset produces stable, reliable cash flow, with a majority of tenants participating in subsidized housing programs through Housing Authority of the City of Los Angeles and Housing Authority of the City of Long Beach. This structure provides consistent rental income and mitigates vacancy risk. Additional income is generated through on-site laundry facilities. The property also offers multiple avenues for further revenue growth: Parking Income: Six (6) rear parking spaces present an immediate opportunity to implement parking fees with no additional capital investment, ADU Potential: The rear parking area may support future ADU development, and allowing for increased density and rental income. Situated in Willmore Historic District, the property benefits from convenient access to major transportation corridors, including the nearby 710 Freeway, providing connectivity to employment centers throughout Long Beach and greater Los Angeles.

1070 Chestnut, Long Beach

$1,850,000
PW26094892 MLS Active Status
9% cap rate! Beautiful craftsman bungalow with 2 units and 6 additional units available in downtown Long Beach just minutes to the beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in a prime area in Long Beach. This unique multi family property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, shopping, dining, entertainment, and public transportation, and easy freeway access. With its robust unit count, considerable square footage (studios 655 sf), advantageous zoning, and recent improvements, 833 Cedar Avenue is an excellent acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

833 Cedar, Long Beach

$2,450,000
PW26097344 MLS Active Status
Significant Price Improvement – Premier Coastal Investment Opportunity! Pabst, Kinney & Associates is pleased to present a well-maintained 10-unit apartment community located in the highly desirable Alamitos Beach neighborhood of Long Beach. The property features an attractive unit mix of (8) one-bedroom/one-bath units and (2) two-bedroom/one-bath units, complemented by 6 single-car garages and 3 carport spaces—an increasingly rare amenity in this premier coastal submarket. Offered for sale for the first time in over 36 years, the asset has recently benefited from strategic rental increases effective July 1, 2026, bringing total current gross income to $18,089 per month (inclusive of garage income). At the newly adjusted pricing, the property operates at an attractive 5.80% cap rate on current income, with a projected 7.30% market cap rate, offering clear and measurable upside through continued rental growth. Ideally situated just blocks from the beach, as well as a vibrant mix of dining, retail, and entertainment options, the property offers a highly walkable location with consistently strong tenant demand. Additionally, the existing garage structures may present a potential opportunity for ADU conversion (buyer to verify), providing a compelling value-add component to further enhance income and long-term returns. This is a rare opportunity to acquire a stabilized, pride-of-ownership asset at a newly reduced basis in one of Long Beach’s most sought-after rental markets.

437 Bonito, Long Beach

$1,049,000
PW26094072 MLS Active Under Contract Status
GREAT OPPORTUNITY! near Retro Row in the historic district of Rose Park South! Well maintained Spanish-style Duplex with two spacious 2 bedroom units and 3 1-car garages. Upstairs rents for $2500/mo with 1 garage. Downstairs market rent is about $2700 + 2 garages that have market rent of about $200 each. Each unit is approx 1,024 sq ft with large original windows and restored plaster walls and ceilings. The downstairs unit has 2 bedrooms and 2 bathrooms, original oak hardwood floors, large kitchen with original cabinetry, dishwasher, and an island. It also includes a backyard patio and rents 2 of the 1 car garages. The upstairs unit has 2 bedrooms and 1 bathroom, newer vinyl flooring, a large kitchen with modern cabinetry and dishwasher. It has a rooftop patio, and rents 1 garage. BOTH units feature original details such as faux fireplaces flanked by original shelving, cabinetry, and built in pull-down desks. Both units each have their own stackable washer/dryers. Tenants pay trash, gas and electric. The property has was renovated in 2005, including electrical and plumbing. Walking distance to the beach, shops and restaurants. *1 Unit will be delivered vacant.*

2624 E 6th, Long Beach

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