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820 Cedar Avenue, Long Beach
$2,900,000
OC26203758 MLS ⋅ Active Under Contract Status
820 Cedar Avenue is a 16-unit multifamily investment property located in Long Beach, California. 820 Cedar Avenue was built in 1928 and features a unit mix of 12 studios and 4 1-bedroom/1-bath units across approximately 10,584 square feet of net rentable area. The controlled-access property features interior hallways leading to the residences, an on-site laundry facility and 6 garage parking spaces. The laundry facility provides a convenient tenant amenity and ancillary income stream, while the garage spaces offer additional parking utility and revenue potential. The property has undergone substantial interior and building-system improvements. Ownership reports that all units feature new kitchens and bathrooms, with 14 of the 16 units taken down to the studs. Ownership also upgraded the property’s plumbing to copper, while electrical subpanels were upgraded in 13 of the 16 units. 820 Cedar Avenue is located near Downtown Long Beach and a short distance from the East Village Arts District, providing residents with convenient access to dining, entertainment and employment destinations throughout the city. The property is also near Shoreline Marina, the waterfront and the city’s beaches, while nearby I-710 provides connectivity throughout the region. The Ports of Long Beach and Los Angeles are also readily accessible from the property. 820 Cedar Avenue combines substantial interior and building-system improvements with practical resident amenities and proximity to major employment, entertainment and coastal destinations throughout Long Beach.

820 Cedar Avenue, Long Beach

1491 Atlantic Avenue, Long Beach
$2,250,000
OC26138156 MLS ⋅ Active Under Contract Status
1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

1491 Atlantic Avenue, Long Beach

1757 Long Beach, Long Beach
$1,600,000
PW25256090 MLS ⋅ Active Under Contract Status
Value add mixed use property for sale in Long Beach along with separately parceled parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long terms owners and tenants with two retail units, 7 apartments units, and an excess of parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail units out front into ADU's as well as build additional housing in the separate parking lot in the rear of the property. Owner only pays water and property taxes, separately metered for gas and electric. 1757 Long Beach Blvd, Long Beach, CA 90813, falls within the Midtown Specific Plan (SP-1) zoning area. This zoning allows for a variety of mixed- use developments, focusing on pedestrian-friendly commercial and residential project. With 4 stories and a Floor Area Ratio (FAR) of 2.0 (assumed based on typical mixed-use zoning), the total buildable area is 17,482 square feet. This can be spread across four stories, giving you 4,370.5 square feet per story (17,482 sq ft / 4 stories). You can build structures that combine retail spaces, offices, or residential units, such as apartments or condominiums, in mid- to high-density formats. A new owner could build up to 32 units of 500 square feet each under an FAR of 2.0 in a height of 4 stories or you could fit around 20 units (5 units/story * 4 stories) if each unit is 800 square feet. The subject property is located just outside the $6 Billion of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

1757 Long Beach, Long Beach

1306 E Hellman Street, Long Beach
$1,547,000
PW26219871 MLS ⋅ Pending Status
Outstanding 9-Unit Long Beach Investment Opportunity. Strong Cash Flow, Major Upgrades & Long-Term Upside! Discover this professionally managed and income-producing 9-unit apartment building offering excellent curb appeal, strong investment performance, and future upside in one of Long Beach's established rental neighborhoods. The property features eight 1 bed/1 bath units and one spacious 3 bed/1 bath unit, offering a total of approximately 4,602 sq/ft of living space on a large 8,233 sq/ft lot. Numerous improvements have been completed throughout the property, including updated and renovated units, with two units redesigned to create a more desirable open concept floor plan. Significant capital improvements include upgrades to the main electrical system and individual unit electrical panels, updated drain lines, and a newer roof double recoating in 2023. Additionally, four attached garages with possible ADU potential for additional rental income (buyer to verify). Impressive investment performance with an approximately 6.7% cap rate and 8.7 GRM. Whether you're an experienced investor looking to expand your rental portfolio or exploring the possibility of owner occupancy while generating rental income, this property presents an outstanding opportunity to build long term wealth. Conveniently located near Downtown Long Beach, Belmont Shore, popular restaurants, shopping, entertainment, and transportation options. Enjoy the Southern California coastal lifestyle with Alamitos Beach less than a mile away! With its desirable unit mix, substantial improvements, established rental income, and long-term investment potential, this is an opportunity you won't want to miss. Add this Long Beach income property to your investment portfolio today!

1306 E Hellman Street, Long Beach

815 E 9th Street, 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

1242 E 7th St, Long Beach
$1,150,000
PW26065037 MLS ⋅ Active Under Contract Status
HUGE PRICE ADJUSTMENT, MOTIVATED SELLER. Presenting 1242 E. 7th Street, Long Beach, a 3-unit multifamily property with a non-conforming bonus unit offering four income streams in one of Long Beach's most accessible and desirable coastal-adjacent neighborhoods, located less than one mile from Alamitos Beach. The true headline here is the development upside: the property sits on a generous 8,022 SF lot zoned CNR, a flexible bonus-density designation that supports a higher-density mix of residential uses than standard zoning, with access to Long Beach's Enhanced Density Bonus program and significant ADU expansion potential via SB 1211, California's most aggressive multi-family ADU law, which allows one detached ADU for every primary unit on site. For ADU enthusiasts, this lot is a dream come true. The lot size, zoning, and garage footprint check every box for maximizing ADU potential under current California law, making this one of the most ADU-friendly opportunities to hit the Long Beach market. The five detached garages and private laundry room, newly constructed in 2003, further add to the long-term redevelopment potential and additional income opportunities. Combined, these tools create a credible path to dramatically increasing the unit count and long-term asset value. Built in 1911, the property retains its original Craftsman-era character, underwent a full electrical rewire in 2003, and has seen interior upgrades across the units over the years. With a Walk Score of 92 and Bike Score of 90, residents enjoy effortless access to Alamitos Beach, Belmont Shore, Retro Row, and Downtown Long Beach, all just minutes away.

1242 E 7th St, Long Beach

1081 Cherry Avenue, Long Beach
$1,050,000
2 Beds ⋅ 6 Baths ⋅ 26676253 MLS ⋅ Pending Status
1081 Cherry Avenue presents investors with a rare opportunity to acquire a fully occupied, cash-flowing six-unit asset in Long Beach at a compelling 6.42% current cap rate with immediate upside on the table. Offered at $1,100,000, $183,333 per unit and $397 per square foot, this 1923 built property delivers strong in place income of $110,208 annually against a lean 33% expense ratio, producing a current NOI of $70,569 with a clear path to $92,263 at pro forma rents. The property consists of one two-bedroom one-bath unit and five studios across 2,773 square feet of building on a 6,187 square foot lot. All six units are occupied with tenants paying gas and electric, and the building features an on-site laundry facility and garage parking for the two-bedroom unit. Studios are currently averaging $1,272 per month against a market rent of $1,600, representing an 18% rental upside that a new owner can capture through natural turnover with no heavy lifting required. At pro forma rents the GRM compresses to 8.45 and the cap rate expands to 8.39%, both favorable against comparable sales in the submarket which are averaging a 6.09% cap rate and 11.06 GRM. For the value-add investor seeking strong in-place cash flow with meaningful upside ahead, 1081 Cherry Avenue delivers day-one income, a below-market rent profile with room to grow, and the kind of returns that get stronger over time as rents are pushed to market through natural turnover.

1081 Cherry Avenue, Long Beach

835 Locust Unit 524, Long Beach
$705,000
2 Beds ⋅ 1 Baths ⋅ PW26192724 MLS ⋅ Active Under Contract Status
Welcome to Temple View Condo, an effortlessly cool urban residence inside the iconic Temple Lofts in Downtown Long Beach. This expansive 2-bedroom, 1-bath loft offers approximately 1,324 square feet of inspired living space where historic character, industrial architecture and thoughtful modern upgrades come together beautifully. Soaring ceilings, polished concrete floors, exposed concrete and oversized black-framed windows create the quintessential loft aesthetic, while abundant natural light and sweeping city views bring warmth to the space. At the heart of the home is a beautifully remodeled kitchen featuring semi-custom cabinetry, sleek countertops and an impressive collection of premium appliances, including a Viking range and hood, built-in Thermador refrigerator and freezer columns, and a paneled Miele dishwasher. The open living and dining areas flow naturally toward a private balcony—an ideal perch for morning coffee, evening cocktails and taking in the Downtown Long Beach skyline, including a front-row feel for holiday fireworks. The spacious primary bedroom continues the loft aesthetic with dramatic windows and city views, while the second bedroom offers wonderful flexibility for guests, a home office or creative studio. A generous bath with dual sinks completes the interior. Additional highlights include central heating and air, two parking spaces and a permitted EV charging setup in the unit's designated parking area—a particularly valuable convenience for urban living. Beyond the residence, Temple Lofts offers community amenities including an exercise room, spa, community room, bicycle storage and outdoor common areas. Set in the heart of Long Beach, Temple View Condo puts the city at your doorstep with dining, coffee, nightlife, entertainment and the waterfront all within easy reach. Historic soul. Modern design. Downtown views. Welcome home to Temple View Condo.

835 Locust Unit 524, Long Beach

1336 Locust Avenue Unit 3, Long Beach
$695,000
3 Beds ⋅ 4 Baths ⋅ PW26167879 MLS ⋅ Pending Status
New construction full of coastal charm and convenience. Discover this enclave of just 36 NEW CONSTRUCTION townhomes nestled in a walkable, tree-lined neighborhood just minutes from the Pacific in the heart of Long Beach, close to parks, shopping and dining. Welcome into the light and bright en-suite bedroom off of the two car side-by-side garage. Upstairs is effortless living in this stunning open concept townhome, designed with a large great room with a half bath. The kitchen offers white quartz countertops, Whirlpool stainless steel appliances and a breakfast bar. Step outside your kitchen to your private deck, ideal for unwinding with a good book while the gentle ocean breeze rolls through. Upstairs there are two generous primary suites offering space to stretch out at the end of the day each with private bathrooms. You will love the 9 foot ceilings throughout plus a two car direct access garage. Solar power is included to help you with your energy costs too! Ready to experience it? You are moments from iconic beaches, vibrant waterfront at The Pike and world class dining along Pine Avenue. Plus miles of scenic bike paths bathed in sun and sea. All photos are of model home.

1336 Locust Avenue Unit 3, Long Beach

1425 Elm, Long Beach
$599,000
DW26117410 MLS ⋅ Active Under Contract Status
Rare development opportunity in the heart of Long Beach. 1425 and 1429 Elm Avenue are two contiguous parcels being offered together and must be sold together. Both parcels are currently leased and occupied by the Long Beach Unified School District and are being sold as land only. Portable classroom/building structures currently located on the properties are tenant-owned personal property and are not included in the sale. Adding to the opportunity, 1403 Elm Avenue is also being offered for sale by the same owner as a separate transaction, creating the potential to acquire three parcels along the same street. Opportunities to assemble multiple parcels in an established Long Beach neighborhood are increasingly rare and can take years to put together. Whether 1425 and 1429 Elm are acquired for income with the existing tenancy or combined with the separately offered 1403 Elm Avenue as part of a larger assemblage for future redevelopment, this offering presents compelling long-term potential. Buyer to verify zoning, development possibilities, lease terms, parcel configurations, and all intended uses with the City of Long Beach.

1425 Elm, 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.

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