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$649,000
3 Beds 2 Baths SB26125025 MLS Active Status
Welcome to the PENTHOUSE level at Elm Plaza in Long Beach, the perfect home for entertaining and relaxing. This beautifully updated 3 bed, 2 bath top floor unit offers views of Long Beach and approximately 1,536 sqft (per Assessor) of bright, open living space filled with natural light. Step inside to find glistening wood laminate flooring throughout open floor plan in the living and dining areas, kitchen with range and newer hood, granite countertops, breakfast bar next to the dining area, dual paned windows, central A/C, welcoming fireplace, smooth ceilings and modern window treatments. The open floor plan provides flexibility and seamlessly connects the living, dining and bonus area (perfect for an office or library space) for today’s lifestyle. Enjoy true indoor - outdoor living as you step onto your private balcony from the living room - ideal for a quiet cup of coffee or evening relaxation while enjoying views of Long Beach - including various firework displays sponsored by the city! Entryway has an enclosed closet with washer and dryer just opposite kitchen. Beautiful engineered wood flooring in bedrooms and hallways. Each of the 3 bedrooms provide ample space to suit your family’s needs as bedrooms, a guest room, a craft room, an office or a personal gym - must see to visualize how it meets YOUR daily lifestyle. Primary bedroom has walk-in closet. This secure building includes an elevator, mail room and gated private parking. Unit has 2 assigned tandem parking spaces (#4A and #4B) close to the entrance with extra storage cabinet above the parking space and guest parking based on availability. Enjoy all the amenities this penthouse condo has to offer - near public transportation, downtown, the Harbor, the beach, North Pine, East Village, shopping, dining, entertainment and much more! Whether it’s your first home or an investment, this move-in ready condo offers the perfect blend of convenience and relaxation for your next chapter in life!

726 Elm Avenue Unit 404, Long Beach

$549,700
2 Beds 2 Baths PW26136007 MLS Active Status
FHA & VA APPROVED! Welcome to 838 Pine Ave #215, a beautifully updated 2-bedroom, 2-bath condominium in the heart of Downtown Long Beach offering affordability, convenience, and modern upgrades. This move-in ready residence features recent improvements, making it an excellent opportunity for first-time buyers, veterans, investors, or anyone seeking low-maintenance living in a vibrant urban setting. Just added, Brand new luxury carpet throughout the unit. A newly installed HVAC system offers year-round comfort and energy efficiency, while the kitchen has been refreshed with eggshell white painted cabinetry and updated hardware, giving the space a modern and welcoming look. The FHA and VA approval of the community is a significant advantage, providing buyers with expanded financing options that are often difficult to find in condominium communities. Whether you're purchasing your first home, utilizing VA benefits, or looking for a property with strong long-term value, this approval adds flexibility and accessibility. Additional highlights include two assigned parking spaces within the secure community garage, in-unit laundry, and beautiful neighborhood, city, and ocean views. Ideally located near the Long Beach waterfront, Shoreline Village, The Pike Outlets, Pine Avenue dining and entertainment, public transportation, and major commuter routes, you'll enjoy the best of coastal city living right outside your door. Spend weekends exploring local restaurants, coffee shops, waterfront attractions, beaches, and all that Downtown Long Beach has to offer. If you've been searching for a turnkey condominium with major system upgrades already completed, FHA and VA financing eligibility, two parking spaces, and an unbeatable Downtown Long Beach location, this is an opportunity you won't want to miss. Move right in and start enjoying the Long Beach lifestyle today. This version stays under MLS limits, highlights the FHA/VA approval, two parking spaces, in-unit laundry, and ocean views, which are the biggest buyer hooks for this price point.

838 Pine Unit 215, Long Beach

$599,500
3 Beds 2 Baths RS26135112 MLS Active Status
I am pleased to present this affordable 1,050-square-foot home, an excellent condo alternative for first-time buyers or investors near downtown Long Beach. This comfortable 3-bedroom, 1.5-bath residence features central heating and air conditioning, tiled flooring, ceiling fans, and a spacious living and dining area. While the interior is ready for some updates, it offers significant potential. The property includes a small outdoor yard perfect for BBQs, an additional side yard for gardening, and a gated 2-car carport. There is also ample room to add an ADU at the carport to generate rental income or serve as a guest house. Located within proximity to downtown shopping, dining, and transportation, this home offers easy access to all the amenities of the coastal city.

636 E 7th Street, Long Beach

$7,495,000
26849191 MLS Active Status
RARE 7-PARCEL ASSEMBLAGE PRIME LONG BEACH REDEVELOPMENT OPPORTUNITY: Incredible opportunity to acquire a contiguous 7-parcel industrial/commercial assemblage totaling approximately 39,368 SF (~0.90 Acres) in the heart of the West Anaheim corridor. This prime corner-adjacent location offers significant scale for developers, fleet logistics, or industrial owner-users. Zoning (LBIG/LBCH) provides versatile options for new construction or high-density project development. The offering includes two existing structures at 1723 and 1731 W. Anaheim St., which are being sold in 'As-Is, Where-Is' condition, functioning as a 'Covered Land Play' with value placed firmly on the massive land footprint. All 7 parcels (APNs: 7432-004-023, 7432-004-035, 7432-004-007, 7432-004-008, 7432-004-009, 7432-004-010, 7432-004-021) to be sold as a single, unified portfolio. Buyers to conduct their own independent due diligence regarding zoning, potential development, and current condition of improvements. Rare footprint ideal for a strategic long-term hold or immediate redevelopment.

1723 W Anaheim Street, Long Beach

$425,000
2 Beds 2 Baths SB26132457 MLS Active Status
Beautifully upgraded modern condominium in the heart of Long Beach! This contemporary home features an open floor plan filled with natural light, creating a bright and inviting living space. The stylish kitchen offers granite countertops and a seamless flow into the dining area, perfect for everyday living and entertaining. The home includes 2 spacious bedrooms and 2 bathrooms, including a primary suite with a walk-in closet. Recent upgrades include new flooring and a convenient in-unit laundry area. Enjoy your private patio, ideal for relaxing or hosting a barbecue with family and friends. The gated community offers added security, a garage, and elevator access for convenience and comfort. A wonderful opportunity to enjoy modern living in a prime Long Beach location!

1723 Cedar Unit 103, Long Beach

$950,000
2 Beds 2 Baths DW26132186 MLS Active Status
Welcome to Temple Lofts! This is where historic charm meets modern loft living. Beautifully crafted with a strong designer feel, this spacious loft-style condo features soaring ceilings, exposed brick, oversized windows, and an open floor plan complemented by stainless steel appliances, in-unit laundry, central A/C, two large full bathrooms, two secure parking spaces, EV charging stations, and a generous private storage space. Its unique one of a kind layout offers entrances on two different floors, providing added privacy and flexibility, perfect for hosting guests while maintaining separation between living spaces. Enjoy resort style amenities including a fitness center, BBQ area, and controlled access. Ideally located in Long Beach, just minutes from the beach, dining, shopping, entertainment, and the waterfront. A rare opportunity to own a beautifully designed piece of Long Beach history while enjoying today's modern conveniences. Temple Lofts consists of two newer wings and the original historic building, with this residence being part of the original structure, offering authentic character and architectural details.

835 Locust Unit 212, Long Beach

$1,100,000
4 Beds 3 Baths PW26123808 MLS Active Status
Welcome to 1411 Elm Avenue, where comfort and opportunity blend seamlessly. This inviting single-family home offers 2,279 square feet of thoughtfully designed living space, featuring four bedrooms and three full bathrooms. Nestled on a generous 6,727-square-foot lot, the property qualifies for SB 9, offering unique ADU expansion and investment potential. Imagine the possibilities of expanding your portfolio by purchasing the nearby 4plex for sale by the same owner, enhancing both your living experience and financial growth. Every corner of this home invites you to unwind and make lasting memories. Whether you're hosting gatherings or seeking a tranquil retreat, this property effortlessly accommodates your lifestyle. The expansive lot offers ample space for outdoor enjoyment, while the interior layout ensures comfort and functionality. See private remarks for more information regarding additional contiguous parcels as part of a rare 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land.

1411 Elm Avenue, Long Beach

$1,300,000
PW26122601 MLS Active Status
Welcome to 325 E 14th Street where opportunity and style unite in this vibrant 4-unit property! This 1922 building has four spacious 1-bedroom, 1-bathroom layouts, providing comfortable living. Imagine the possibilities in this thriving community, where you can create a welcoming space for tenants or even live in one and rent the others. Just a five-minute walk from the Anaheim Metro A-Line Station, the lively Anaheim Street Corridor, and the newly renovated Poly Plaza. The energy here is contagious, with a location that offers the best of urban living and a sense of community that’s hard to find. Whether you’re an investor looking to expand your portfolio or someone who values the charm of multi-unit living, this property is a fantastic choice. Experience the potential and make it yours. Schedule a showing to experience it in person. See private remarks for more information regarding additional contiguous parcels as part of a rare 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Do not disturb tenants.

325 E 14th, 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

$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

$489,000
2 Beds 2 Baths PW26107992 MLS Active Under Contract Status
Welcome to Gaviota Heights — Your Urban Retreat in Alamitos Beach! Tucked inside a secure gated community in the heart of Long Beach's sought-after Alamitos Beach neighborhood, this stylishly remodeled 2-bedroom, 2-bath condo delivers the perfect blend of modern comfort, smart home convenience, and effortless California living. Step inside and feel the difference immediately — an open-concept layout creates an airy, expansive atmosphere, while abundant natural light pours through generous windows, illuminating the wood-laminate flooring, upgraded fixtures, and a cozy fireplace that gives the space warmth and personality. Keyless entry makes coming and going effortless, and the layout flows naturally from living to dining, making it ideal for both relaxing and entertaining. The contemporary kitchen features stainless steel appliances including a newer smart dishwasher, a touchless kitchen sink, a designer backsplash, and a breakfast bar — everything you need to cook, host, and enjoy. The spacious primary suite offers a large closet and a fully remodeled ensuite with dual vessel sinks and sleek finishes. The second bedroom is bathed in natural light and works beautifully as a guest room, home office, or nursery. Step outside onto your private balcony for morning coffee or evening unwinding — an easy extension of the open, breezy feel throughout the home. Additional highlights include in-unit laundry, smart carbon monoxide and smoke detectors for added peace of mind, two assigned gated parking spaces, and secured building access with keyless entry. HOA amenities cover a gym, picnic area, and storage, plus earthquake insurance, water, trash, sewer, and exterior maintenance. Balcony inspections and repairs were completed per SB 326 in 2025. Location couldn't be better — minutes from downtown Long Beach, 4th Street Retro Row, and convenient to the freeways, Long Beach Airport, CSULB, Blue Line transit, and an abundance of restaurants, grocery stores, and shopping. This one checks every box — smart, stylish, and move-in ready. Come see it for yourself!

1200 Gaviota Unit 104, Long Beach

$700,000
9 Beds 4 Baths OC26118293 MLS Active Status
Luxury Live Auction! Bidding to start from $700,000! Investment Opportunity in the Heart of Long Beach! 508 W 10th Street is a prime quadruplex ready for remodel, offering incredible upside to ride the equity curve with a high proforma cap rate, in one of Long Beach’s most dynamic neighborhoods. This four-unit building is perfectly positioned just blocks from downtown and only one block from convenient public transportation. The property is vacant, making it ideal for investors or owner-occupants looking to renovate and maximize rental income. The configuration includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit features private en suite laundry, and the building includes a detached one-car garage for added convenience. Located in the heart of Long Beach, this property sits amid a transformative $1.3 billion revitalization campaign, putting future growth and value right at your doorstep. Don’t miss the chance to capitalize on a property with excellent location, flexible layout, and strong investment potential.

508 W 10th, Long Beach

$599,000
DW26117410 MLS Active Status
Rare development opportunity in the heart of Long Beach. These two contiguous parcels are being offered together and present a unique investment opportunity in an established urban neighborhood. Currently leased and occupied by the Long Beach Unified School District, the property is being sold as land only. Portable classroom/building structures currently located on site are tenant-owned personal property and are not included in the sale. These parcels may also be purchased as part of a rare 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Opportunities of this scale and flexibility are exceptionally rare, especially where assembling multiple adjacent parcels can take years. Whether acquired for income with existing tenancy or as part of the larger assemblage for thoughtful, profitable redevelopment, this offering presents compelling long-term potential. Buyer to verify zoning, development possibilities, lease terms, and all intended uses with the City of Long Beach. Additional addresses for sale by same owner include 1403, 1425 and 1429 Elm. See private remarks for more information regarding additional contiguous parcels.

1425 Elm, Long Beach

$849,000
DW26117307 MLS Active Status
This occupied 5-bedroom, 3-bath duplex is available for purchase individually or as part of a unique 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Opportunities of this scale and flexibility are exceptionally rare, especially in an established neighborhood where assembling multiple adjacent parcels can take years. Whether acquired on its own for immediate income potential or as part of the larger assemblage for thoughtful, profitable redevelopment, this property presents a compelling investment with significant upside. Buyer to verify zoning, development possibilities, and all intended uses with the City of Long Beach. (Additional addresses for sale by same owner are 1425 and 1429 Elm) See private remarks for more information on additonal, continguous parcels.

1403 Elm, Long Beach

$1,500,000
SR26115717 MLS Active Status
Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan. The site presents a rare opportunity for a developer to capitalize on Long Beach’s strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives. The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential. Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and financing programs offered by the City and State. Rare infill development sites with transit node zoning and this level of positioning are increasingly difficult to find in Southern California.

1730 Long Beach, Long Beach

$919,000
4 Beds 2 Baths PW26115151 MLS Active Status
Beautifully updated Craftsman home located in the historic Willmore neighborhood of Long Beach. This charming 4-bedroom, 2-bathroom residence is filled with timeless character and architectural detail, including tray ceilings, crown molding, original baseboards, and gorgeous built-ins throughout. Bright and airy living spaces create a warm and inviting atmosphere, perfect for both everyday living and entertaining. Enjoy relaxing on the welcoming front porch or hosting guests in the spacious living and dining areas. The updated kitchen offers modern convenience while maintaining the home’s classic charm and features a utility room with pantry and laundry area. Additional highlights include central A/C, abundant natural light, and an ideal blend of historic character and thoughtful updates. The quaint backyard provides a private outdoor retreat, while the detached garage and additional parking accommodate up to four cars. A rare opportunity to own a character-filled home in one of Long Beach’s most desirable historic neighborhoods.

1014 Magnolia, 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

$479,000
2 Beds 2 Baths PW26080344 MLS Active Status
FHA APPROVED with SB326 Balcony inspections and repairs completed! Just minutes from Rose Park, Retro Row, Downtown Long Beach, and the beach, welcome to 1200 Gaviota Ave. #204. This desirable second-level residence offers a spacious open floor plan with laminate flooring throughout the main living areas and bedrooms. The inviting living room features a cozy gas fireplace and opens to a private balcony, creating an easy indoor-outdoor flow. The kitchen includes stainless steel appliances, a raised breakfast bar, and a separate dining area, making it ideal for everyday living and entertaining. Both bedrooms are generously sized and feature ductless heating and air conditioning for year-round comfort. The primary suite offers a walk-in closet, ensuite bathroom with dual sinks, and direct balcony access. Additional highlights include in-unit laundry, a full hallway bathroom, two assigned subterranean parking spaces, gated entry, visitor parking, a courtyard with BBQ and picnic areas, and a fitness area. A fantastic opportunity to enjoy coastal living near some of Long Beach’s most vibrant neighborhoods.

1200 Gaviota Unit 204, Long Beach

$1,250,000
SR26107777 MLS Active Status
Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, all in one of Southern California’s most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: • One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. • One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. • Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently two vacancies, 1403 Lemon Ave delivers an impressive 8.76% cap rate—a rare find in today’s Southern California market. With below-market rents in place and room for value-add improvements, there’s still significant upside potential for rental increases over time, particularly as the Long Beach rental market continues to strengthen. For investors seeking a stabilized asset with future growth potential, this property offers both: strong existing cash flow and long-term opportunity for rent optimization and appreciation. Parking & Storage: Valuable Add-Ons The property includes four garages and two uncovered driveway parking spaces, a premium amenity in this densely populated urban neighborhood. These spaces could potentially generate additional income if rented separately or bundled with leases—another layer of return on your investment. Garages may also appeal to owner-users, short-term rental hosts, or tenants needing extra storage. Prime Location Near Downtown Long Beach

1403 Lemon Avenue, 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

$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

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.