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$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
$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
$399,999
2 Beds ⋅ 2 Baths ⋅ OC26091372 MLS ⋅ Active Status
Welcome to 1230 N. Saint Mary’s in Long Beach, a prime investment opportunity in a highly desirable Saint Mary’s location. This 2 bedroom, 1 bathroom single family residence offers exceptional upside potential for both investors and owner users looking to create value. The property is currently tenant occupied with long term, reliable tenants, providing immediate income stability while you plan future improvements. With the right renovations and updates, this home presents a strong opportunity to build instant equity and significantly increase overall value. Situated on a generously sized lot, there is ample space to accommodate parking for 4 to 5 vehicles, a rare and valuable feature in this area. The layout and lot size may also lend themselves to additional possibilities for expansion or reconfiguration, adding to the property’s long term appeal. Located in the heart of Saint Mary’s hospital area, the home offers convenient access to public transportation, major commuter routes, shopping, dining, and local amenities, making it an attractive option for tenants and future occupants alike. Priced to reflect its current condition, this is an excellent opportunity for investors seeking a value add property with strong fundamentals, reliable tenancy, and significant upside in a sought after Long Beach neighborhood. This home may only qualify for a cash sale or FHA 203K.

1230 N Saint Marys Court, Long Beach
$1,499,000
6 Beds ⋅ 3 Baths ⋅ 26672091 MLS ⋅ Active Status
Dive into this diversified investment, a mixed-use property yielding strong revenue with upside potential and preliminary redevelopment concept plans. Nestled in an evolving Long Beach neighborhood, this compelling asset covers two lots with separate APN's, merging lucrative commercial operations with updated residential spaces for a dynamic revenue stream. The front building features two retail store fronts on the ground level, and upstairs a three bedroom apartment features dual primary sized rooms with a common bathroom. The rear duplex qualifies as a multi-family residential duplex. Upstairs at the rear you'll find a two-bedroom apartment (converted) with great balcony space and tons of daylight. Downstairs rear is a large one bedroom apartment. Each residential unit has its own new laundry in-unit and there's a long driveway with off-street parking at the back. The two separate APN's of this purchase opportunity could allow for conventional financing of the rear duplex, increasing attainability for newer or first time investors. The allure of this property extends beyond its current income generating capabilities to a future filled with promise, highlighted by the preliminary sketches for the development of 20 micro-apartment as an option for future development. Envision the rent roll on a prospective 20 micro-units building! Recent improvements and new construction are reshaping the neighborhood, not to mention the cities investment of over $750MM on infrastructure via the "Elevate '28" plan. These two buildings collectively known as 219 E 10th Street stand out as a stellar choice for investors aiming for a combination of steady diversified income and the opportunity for expansive growth and appreciation. The strategic benefits of owning a desirable mixed-use building with upside potential, redevelopment potential, and situated on two APN's make this a rare gem. Updated units, off-street parking, a prime location, and a manageable 5 door roster underscore the ease of stepping into this investment for new investors and seasoned professionals alike. This opportunity presents a rare window to invest a forward-thinking, multifaceted investment perfect for those poised to leverage the city's bright prospects and sights on the long term. APN #7273-007-037 (215, 219, 219.5) and APN #7273-007-035 (221, 221.5). Subject to CA rent control law. All remarks made in good faith, however cannot be guaranteed by listing agent / broker. Buyer to verify.

219 E 10th Street, 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.