Refine Search
Sort by
$2,525,000
OC26199545 MLS Active Status
2059 Cedar Avenue is a 14-unit multifamily property located in Long Beach, California. Built in 1931, 2059 Cedar Avenue features distinctive Spanish Revival-style architecture characterized by its stucco exterior, clay tile roof, arched openings and period architectural detailing. The 2-story property features a unit mix of 6 studios and 8 1-bed/1-bath units totaling approximately 9,399 rentable square feet. Residents enter through a controlled-access main entrance that opens to an interior hallway system serving the individual residences, a layout characteristic of apartment buildings from this era. The property offers several amenities that provide value to both residents and ownership. An on-site laundry facility gives residents the convenience of laundry within the building while generating additional property income. The 4 garage parking spaces are particularly valuable in Long Beach’s dense residential environment, providing residents with dedicated off-street parking while also enhancing the property’s rental income. Current ownership reports copper plumbing and electrical improvements, along with updates to kitchens and bathrooms throughout the property. Units have also received various improvements as they have turned over through the years, with stainless-steel appliances among the upgrades found in select residences. Combining classic 1930s architecture with updated interiors, building-system improvements and incomeproducing resident amenities, 2059 Cedar Avenue offers investors the opportunity to acquire a distinctive Long Beach multifamily asset with numerous capital improvements already completed under current ownership.

2059 Cedar Avenue, Long Beach

$1,200,000
RS26193414 MLS Active Status
Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.

2421 Magnolia, Long Beach

$1,150,000
CV26186409 MLS Active Status
Classic Spanish style, great character, and a smart income-property setup! This attractive four-unit property blends vintage Long Beach charm with several meaningful updates, including copper plumbing throughout with updated pressure lines, interior valves, and main water line, plus updated ABS waste lines serving all four units. Each unit offers a surprisingly spacious 1-bedroom floor plan with a separate den/dining area, giving tenants valuable extra space for a home office, dining room, or flexible living area. The rear unit gets an added bonus with its own private backyard. Practical features add to the appeal with all units separately metered for utilities, two garages, two additional off-street parking spaces, a dedicated laundry room with coin-operated machines, and automatic irrigation throughout the grounds. A sharp, character-filled fourplex with functional layouts, desirable tenant amenities, and plenty of long-term potential.

2472 Chestnut Avenue, Long Beach

$945,000
PW26173649 MLS Active Status
Value in the Land! Excellent Investment & Redevelopment Opportunity! This 2-story duplex sits on a generously sized 10,469 SF lot, offering excellent potential for future development, ADU, or other multi-unit possibilities, subject to city approval and zoning requirements. The property is currently tenant-occupied, providing rental income while exploring future plans. Each attached unit is approximately 560 SF and features 1 bedroom and 1 bathroom on the first floor, plus a second-floor bonus room with closet. A detached 3-car garage and rear laundry room provide additional convenience and potential. Both units were upgraded approximately 5 years ago with laminate flooring, kitchen cabinets, quartz countertops, sinks, and upgraded electrical panels. Each unit also features a newer mini-split heating and cooling system. A rare opportunity for investors, developers, or owner-users seeking a property with existing rental income and significant land potential. Buyer to verify zoning, permitted use, lot-split/subdivision possibilities, ADU opportunities, development potential, and all property information with the City of Long Beach.

1331 W 19th, Long Beach

$1,100,000
SB26171308 MLS Active Under Contract Status
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.

2441 Cedar Avenue, Long Beach

$920,000
2 Beds 2 Baths 26865245 MLS Active Status
Fantastic **REO** opportunity in Wrigley neighborhood of Long Beach! Charming and well maintained single-story duplex on a desirable tree-lined street. 6461 sq ft corner lot with alley access. LBR1N Zoning. Bank-owned property being sold strictly AS-IS seller will make no repairs. Property is currently occupied. Do Not Disturb Occupants All showings are by appointment only. Presently all offers are subject to interior inspection. **NO OPEN HOUSES**. The historic Wrigley neighborhood is known for its tree-lined streets, classic California bungalows, and strong sense of community. Enjoy nearby local favorites like The Bake 'n Broil, Breakfast Bar and The Lobster Guys, or take a walk along the Wrigley Greenbelt trail. Close to shopping on Willow St and easy freeway access all in one of Long Beach's most walkable, historic neighborhoods Don't miss this one!

2690 Oregon Avenue, Long Beach

$2,300,000
SB26144665 MLS Active Status
1950 Pacific Ave presents a rare VALUE ADD Opportunity to acquire an 11-unit multifamily asset in Long Beach with strong in-place cash flow and two newly constructed ADUs already completed. The property features a desirable unit mix consisting of 1-bedroom and 2-bedroom units, including the two new ADUs, giving investors a clean combination of existing income, newer added rental units, and continued upside in rents. Built in 1962, the property totals approximately 6,733 square feet of building area on an approximately 8,591 square foot lot. Current scheduled rents total approximately $19,559 per month, or $234,712 annually, with market rents projected at approximately $21,940 per month before additional garage income, bringing total annualized market income to approximately $270,480. At the asking price of $2,300,000, the property is priced at approximately $209K per unit and $267 per net rentable square foot. The asset currently operates at a 9.80 GRM and 7.03% cap rate, with the ability to move toward an 8.50 GRM and 8.54% cap rate at market rents. The offering provides investors with strong current income, two newly built ADUs, and a clear path for additional rent growth in a central Long Beach location. With multiple units still below market and the ADU income already in place, 1950 Pacific Ave offers a compelling value-add opportunity with both immediate cash flow and long-term upside.

1950 Pacific, Long Beach

$1,099,000
SB26142307 MLS Active Status
TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

2250 Magnolia, Long Beach

$2,199,000
RS26128997 MLS Active Status
Welcome to 2015 San Francisco Avenue, a truly one-of-a-kind property in the heart of Long Beach’s desirable Wrigley neighborhood, where timeless vintage charm meets modern living and exceptional income potential. The beautifully remodeled main residence showcases inviting curb appeal with fresh exterior finishes, a custom metal gate, wood fencing, lime-washed walls, refinished hardwood floors, a custom-designed kitchen, spa-inspired bathrooms, and thoughtful upgrades throughout. The private backyard retreat features a new patio, lush landscaping, and a stock tank pool, creating the perfect setting for relaxation and entertaining. Modern comforts include a new HVAC system and tankless water heater. In addition to the main home, the property features a newly constructed 1,200 sq. ft. ADU with 4 bedrooms and 2 bathrooms, as well as a newly built 1,200 sq. ft. SB9 residence offering 4 bedrooms and 2 bathrooms, creating an exceptional opportunity for multigenerational living, rental income, or long-term investment. With projected rental income of approximately $4,500 per month for both the ADU and SB9 unit, this unique three-unit property combines historic character, modern construction, and strong cash-flow potential, making it one of the most compelling opportunities in Long Beach’s sought-after Wrigley neighborhood.

2015 San Francisco Avenue, Long Beach

$1,600,000
PW26122313 MLS Active Status
Well-Maintained 7-Unit Apartment Investment with Strong Cash Flow. Exceptional opportunity to acquire a well-maintained 7-unit apartment property located in Long Beach's desirable South Wrigley neighborhood. Situated on a 7,500 square foot lot with approximately 4,919 square feet of improvements, this income-producing asset offers strong in-place cash flow, recent capital improvements, and immediate upside potential. The property consists of two upstairs 1-bedroom/1-bath units, four downstairs 1-bedroom/1-bath units, and one spacious downstairs 2-bedroom/1-bath unit. One of the upstairs has been updated with new luxury vinyl plank flooring and refreshed interior finishes. Several units are currently being utilized with additional rooms beyond their original layouts. Four of the downstairs 1-bedroom units are being used as 2-bedroom units, while the larger downstairs unit is currently utilized as a 3-bedroom unit. Ownership has completed numerous capital improvements, including electrical service upgrades in 2025, copper repiping of the upstairs units, replacement of gas lines, installation of a copper main water supply line, and ongoing roof maintenance. Each unit is individually metered for gas and electricity, helping reduce owner-paid utility expenses and improve operating efficiency. The property currently generates approximately $13,075 per month in gross rental income and is offered at an attractive 6.4% cap rate and 10.20 gross rent multiplier (GRM) based on current operations. Investors may benefit from favorable financing options, with the property potentially qualifying for financing with approximately 25% down. Additional amenities include four garages, on-site parking, and a desirable courtyard-style layout that enhances tenant appeal. Conveniently located near Pacific Coast Highway, Downtown Long Beach, public transportation, shopping, dining, and major employment centers, this property is well-positioned to benefit from continued rental demand and long-term appreciation. This is a rare opportunity to acquire a stabilized multifamily investment offering strong current returns, recent capital improvements, vacancy upside, and significant long-term growth potential.

1876 Henderson Avenue, Long Beach

$999,999
SB26120106 MLS Active Status
For the owner-user, this is a rare live-and-earn opportunity. Occupy one of the units and let the other two work for you — tenant rents offset a substantial portion of your monthly carrying costs, making homeownership in Long Beach dramatically more attainable while you build equity in a cash-flowing asset. FHA and low-down owner-occupant financing options may apply. This exceptional triplex features a detached (3) bedroom 1 bath home, and a duplex with (2) 1 bedroom 1 bath units located in the rear. This unit mix delivers strong in-place income of $6,865/month with clear upside through market rent increases. Interiors have been updated with fresh finishes and systems and recent capital improvements remodels, roof work, and exterior paint — substantially reducing near-term maintenance obligations for a new owner. For the investor, this property generates immediate cash flow from day one. With a 30% down conventional loan, you step into positive cash flow at current rents with strong long-term appreciation potential and multiple built-in avenues to grow income over time. In addition, ADU permits were pursued to convert existing garages into more units (buyer to verify) offering another value-add play. Located in a desirable Long Beach rental corridor, 2310 Elm Avenue offers an exceptional combination of immediate income, long-term appreciation, and multiple paths to grow value. Whether you are an investor seeking a turn-key cash-flowing asset or an owner-user ready to reduce your cost of living, this is the opportunity you have been waiting for.

2310 Elm, Long Beach

$1,700,000
SB26104278 MLS Active Status
We are proud to present 1922 Locust Avenue, an 8-unit apartment building located in the South Wrigley submarket of Long Beach. This asset is currently operating at a 7.25% Cap Rate and a 9.59 GRM! Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market. The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and rent-ready, offering the perfect opportunity for an owner-user or investor to quickly add value. Situated just outside the booming Downtown Long Beach core, 1922 Locust Ave is primed to benefit from over $6 Billion in local investment, including transformational projects like the Long Beach Civic Center, Queen Mary Island, CSULB Downtown Village, Broadway Block, and the Ocean Aire Development.

1922 Locust, Long Beach

$2,030,000
SB26098552 MLS Active Under Contract Status
Priced to sell! This well-performing 10-unit building is located in the South Wrigley neighborhood of Long Beach. The rear garages were converted to 2 brand-new 1BD/1BA ADU's at 485 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.85X GRM and 7.3% cap rate. New electrical meters and main installed. This 1950's built property is located about 1.5 miles from Downtown Long Beach, and less than a mile to the 710 freeway, making this a strong rental location for tenants and investors. Tenants can utilize the nearby Metro Line, shopping centers, medical facilities, schools, and dining. Don't miss out on this incredible opportunity! Available for sale with neighboring property, 1952 Pine. Offering memorandum in supplemental materials.

1958 Pine, Long Beach

$1,565,000
SB26098488 MLS Active Under Contract Status
Priced to sell! This well-performing 8-unit building is located in the South Wrigley neighborhood of Long Beach. The rear garages were converted to 2 brand-new 1BD/1BA ADU's at 386 square feet each. Priced with very high in-place cash flow at close with actual rents resulting in an 8.81X GRM and 7.3% cap rate. There is a courtyard in the middle of the property for tenant enjoyment. This property is located about 1.5 miles from Downtown Long Beach, and less than a mile to the 710 freeway, making this a strong rental location for tenants and investors. Tenants can utilize the nearby Metro Line, shopping centers, medical facilities, schools, and dining. Don't miss out on this incredible opportunity! Available for sale with neighboring property, 1958 Pine. Offering memorandum in supplemental materials.

1952 Pine, 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.