Refine Search
Map
Sort by
$899,000
PW26166714 MLS ⋅ Active Status
Opportunity to own a well maintained triplex in a convenient Long Beach location near Long Beach Poly High School, PCH, major freeways, local hospitals, and nearby Roosevelt Elementary Schools. The front residence is a classic two story Craftsman offering four bedrooms and two bathrooms. The home is in good condition, with an updated kitchen completed within the last five years. A long driveway leads to two additional one bedroom, one bathroom units located above an impressive five car garage. Both rear units are occupied by long term tenants. Unit 539 was upgraded approximately two years ago with a new kitchen, bathroom, and flooring. Unit 543 has also been improved with an updated kitchen, bathroom, and flooring. Additional improvements include updated PEX plumbing and water heaters replaced within the last three years. The spacious garage may offer future ADU conversion potential, subject to city approval and buyer verification.A strong investment opportunity with multiple income producing units, generous parking, and convenient access throughout Long Beach.

539 E 17th, Long Beach
$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
$1,900,000
PW26160947 MLS ⋅ Active Status
Great investment, excellent opportunity to own 4 unit in the heart of Long Beach, Poly High area. Excellent for the investor and maybe live in one and rent the others. One single family house plus a four plex. 4 garages. Walking distance to Long Beach Community College . Close to Signal Hill One mile from the beach. In the desirable Poly District by Poly High.

1780 Lewis, Long Beach
$850,000
MB26162846 MLS ⋅ Active Status
Rare Long Beach Duplex with Endless Potential on an Expansive Lot! Don’t miss this exceptional opportunity to own a versatile duplex in the heart of Long Beach! Situated on a generously sized lot, 1467 Walnut Ave offers incredible potential for investors, owner-occupants, or anyone looking to maximize the possibilities of a large property. The front home features a brand-new roof, providing added value and peace of mind. With ample outdoor space, the oversized lot presents endless opportunities for expansion, outdoor entertaining, additional parking, or future improvements (buyer to verify with the City of Long Beach). Whether you’re looking to generate rental income, live in one unit while renting the other, or add a valuable property to your investment portfolio, this duplex is full of opportunity. Conveniently located near shopping, dining, schools, parks, public transportation, and major freeways, this property combines location, flexibility, and long-term potential.

1467 Walnut Ave, Long Beach
$3,175,000
14 Beds ⋅ 14 Baths ⋅ 26864283 MLS ⋅ Active Status
This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.

1430 Elm 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
$2,900,000
SB26159474 MLS ⋅ Active Status
Pride of Ownership, 80's Construction - Current 6.57% CAP Rate and 10.42 GRM. Priced at only $290K/unit, 753 Cerritos Ave is the ideal opportunity for any investor looking for a well-maintained asset with strong cash flow. The property is comprised of (8) 2Bed+2Bath and (2) 1Bed+1Bath units. A handful of units have been renovated, including new floors, cabinets, appliances, bathrooms and fixtures. There is ample tuck-under parking and a laundry room on site. The subject property is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

753 Cerritos Avenue, Long Beach
$1,000,000
IN26156931 MLS ⋅ Active Status
1136 E. Alhambra Court is a well-maintained fourplex featuring immediate value-add upside. Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 3.5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

1136 E Alhambra 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
$1,599,000
IN26149247 MLS ⋅ Active Status
PRICE IMPROVEMENT - NOW OFFERED AT A 10.4 GRM AND 6.1 CAP RATE ON ACTUALS. Great turnkey investment opportunity in a high-demand Long Beach rental market. This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.

1323 Walnut Ave, 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
$2,580,000
OC26138156 MLS ⋅ Active 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
$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
$1,050,000
PW26123110 MLS ⋅ Active Status
This well-maintained 4-unit income property offers an attractive unit mix consisting of one spacious 2-bedroom, 1-bath unit and three comfortable 1-bedroom, 1-bath units, providing strong rental appeal for a variety of tenants. Each unit is thoughtfully designed to maximize living space and functionality. The property also features four individual one-car garages, offering valuable off-street parking and additional convenience for residents. With its desirable unit configuration, garage parking, and solid income-producing potential, this property presents an excellent opportunity for both investors and owner-users seeking a well-located and versatile multifamily asset

1490 Gundry, 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
$1,290,000
PW26122847 MLS ⋅ Active Status
A great income-producing Property consists of two separate buildings. A front single-family home that has 2 bedrooms and 2 baths with a good-sized living room and a kitchen. A duplex built in 2008 features two units: a 2-bedroom, 2-bath unit and a 3-bedroom, 3-bath unit, separated by a shared wall. All units come with a 2-car garage and sufficient additional parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St. Mary's Hospital of Long Beach, less than 2 miles away from the Aquarium of the Pacific, a popular tourist attraction. This would be an excellent investment property for your buyer.

1125 Linden 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
$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
$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
$1,250,000
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
$2,875,000
PW26102404 MLS ⋅ Active Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.

755 Gaviota Avenue, Long Beach
$2,100,000
SB26104879 MLS ⋅ Active Status
Current 6.67% cap rate and 10.50 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7-unit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2-Bed/1-Bath and (1) 3-Bed/1.5-Bath units. There is an opportunity to Add Significant Value by Building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an Extra $3,500/month. Each Unit has its own washer and dryer, dishwashers, new floors, kitchen, and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years. 1720 Cerritos Ave is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

1720 Cerritos 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
$799,000
OC26095441 MLS ⋅ Active Status
Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is current potential gross annual income is $74,100. This reflects a current Gross Rent Multiplier (GRM) of 10.80 at the current list price and a cap rate of approximately 8.19%. These metrics position the asset as an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation. With strategic improvements, investors have the ability to reposition the asset, increase rents toward market levels, and further enhance overall returns. The property is ideal for investors pursuing a value-add strategy, long-term hold, or future refinance scenario. Located in the heart of Downtown Long Beach, the property benefits from strong tenant demand driven by proximity to major employment centers, coastal amenities, and a vibrant urban lifestyle. The area is known for its waterfront access, marina, Shoreline Village, The Pike Outlets, and a thriving dining and arts scene, making it a highly desirable location for renters. The property is also well-positioned for public transportation access, with the Metro A Line providing direct connectivity from Downtown Long Beach to Downtown Los Angeles and surrounding areas. Nearby transit hubs and multiple Long Beach Transit bus routes offer convenient local and regional access, enhancing tenant appeal and long-term rental demand. This is a rare opportunity to acquire a centrally located multi-unit property in one of Southern California’s most dynamic coastal markets, offering immediate income with strong upside potential through rental growth and property improvements. Buyer and buyers agent to conduct their own analysis.

1208 N Saint Marys Court, 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.