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$849,999
DW26188379 MLS Active Status
Great opportunity to live in one unit and rent the other, or add a duplex to your investment portfolio! Located in the City of Long Beach, each unit features 2 bedrooms, 1 bathroom, and approximately 753 sq. ft., with a total building area of approximately 1,512 sq. ft. The property was built in 1953 and sits on a 6,137 sq. ft. lot with a detached two-car garage and an additional storage shed. Both units will be delivered vacant at the close of escrow. The rear unit is in good condition, while the front unit is currently receiving a facelift that includes new flooring, kitchen cabinetry, and countertops. Once the property is completed and ready for the market, no additional repairs or improvements will be made. Conveniently located near bus stops providing access to Downtown Long Beach, this property offers excellent flexibility for an owner-occupant, investor, or multigenerational household. Probate sale. The property will be sold in its completed, present “As-Is” condition. The estate will not make any additional repairs or provide repair credits during escrow. Buyer and buyer’s agent are advised to independently verify all property information, including square footage, lot size, permits, and condition.

2901 Webster, Long Beach

$995,000
DW26188067 MLS Active Status
ONE OF THE LOWEST- PRICED COMMERCIAL PROPERTIES IN LONG BEACH! Rare mixed-use investment and owner-user opportunity in a high-visibility Long Beach location. The property features two residential units upstairs and two commercial storefronts, providing multiple potential income streams. Three leased units currently generate approximately $5,350 per month in rental income. The remaining commercial space is currently used for an established mini-market business, which is offered separately. A buyer may continue operating the business or potentially reposition or lease the space for another retail or service use. The projected market rent for this space is approximately $2,300 per month, bringing the property’s projected gross rental income to approximately $7,650 per month, or $91,800 annually, if fully rented. Additional features include rear parking, alley access, strong street visibility, and convenient access to schools, parks, and neighborhood amenities. An excellent opportunity for an investor or owner-user seeking existing income, flexibility, and future upside. Buyer to verify all rents, leases, expenses, business financials, permitted uses, and projected income.

2171 Santa Fe, Long Beach

$5,600,000
OC26123229 MLS Active Status
Seller Financing Available – 75% LTV at 4% Interest, Interest-Only Payments for Up to 5 years. La Pasada, a 29-unit apartment building located at 515 W. 3rd Street in the heart of Downtown Long Beach. The property consists of 11 SRO units, 14 studios, and 4 one-bedroom apartments, serving the area's growing demand for affordable workforce housing. Originally constructed as a hotel, La Pasada has operated as apartments for more than two decades while retaining its grandfathered hotel zoning. This rare designation provides ownership with the flexibility to continue operating as apartments or explore future short-term lodging opportunities. The building has undergone substantial capital improvements, including renovated unit interiors, central HVAC throughout all 29 units, a remodeled second-floor community bathroom, updated building systems, and an on-site laundry facility. Additional improvements include a newer roof, upgraded electrical infrastructure, replacement windows, and sewer line improvements. Located within walking distance of the waterfront, La Pasada benefits from proximity to Aquarium of the Pacific, Long Beach Convention Center, Shoreline Village, and Cesar E. Chavez Park. The property also enjoys convenient access to the 710 Freeway, Pacific Coast Highway, public transportation, and the ongoing redevelopment of Downtown Long Beach. With below-market financing, a strategic downtown location, flexible zoning, and upside through stabilization of occupancy, La Pasada represents a compelling investment opportunity in one of Southern California's most dynamic urban markets. Investment Highlights Seller financing: 75% LTV at 4% interest, interest-only payments for up to 5 years 29-unit workforce housing asset (11 SROs, 14 studios, 4 one-bedrooms) Grandfathered hotel zoning provides operational flexibility Significant recent capital improvements completed Central HVAC in first floor units Opportunity to increase income through lease-up and operational stabilization Walkable Downtown Long Beach location near major employment, entertainment, and waterfront amenities Positioned to benefit from continued investment and redevelopment in Downtown Long Beach Current stabilized cash-on-cash return exceeds 7% with seller financing in place.

515 W 3rd, Long Beach

$899,900
PW23159723 MLS Active Status
Welcome to this classic Spanish duplex situated in the heart of the Westside community of Long Beach. Nestled off Willow St. in a neighborhood comprised mostly of single-family residences, this unique multi-family property offers an incredible layout with solid bones and immense potential. Each unit spans an expansive 1,233 square feet and features 2 comfortable bedrooms and 1 full bathroom. The layout provides exceptional versatility—ideal for a multi-generational living arrangement, or for an owner-occupant looking to generate rental income right upstairs or downstairs. The property also includes a detached 2-car garage with separate doors for each unit, providing convenient parking and extra storage space. This neighborhood offers unbeatable convenience with quick access to local dining, shopping, major freeways, and vibrant Downtown Long Beach. Bring your vision and unlock the true value and charm of this Long Beach duplex!

2620 Fashion Avenue, Long Beach

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.