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$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
$425,000
1 Beds ⋅ 1 Baths ⋅ SB26094000 MLS ⋅ Active Status
Perched on the top floor in a desirable corner unit, this beautifully remodeled one-bedroom condo in Long Beach’s vibrant Zaferia neighborhood welcomes you with a sense of light, openness, and quiet comfort. As you step inside, vaulted ceilings immediately draw your eye upward, enhancing the airy feel of the open-concept layout, while warm laminate flooring flows seamlessly throughout the space. Thoughtfully designed and well-balanced, the home offers a bright and inviting atmosphere that feels both modern and calming. The kitchen serves as a true centerpiece, thoughtfully updated with butcher block countertops, a large farmhouse sink, and clean, modern finishes that blend charm with everyday functionality. Whether you’re cooking a quiet meal or hosting friends, the layout keeps everything connected and effortless. The bathroom has been completely remodeled with timeless finishes, featuring classic subway tile and a sleek walk-in shower, creating a spa-like feel. Just off the bedroom, a private balcony offers a quiet outdoor retreat—perfect for morning coffee or winding down in the evening breeze. Secure gated parking adds peace of mind, and the move-in ready condition means everything has already been done for you. Set just minutes from the Traffic Circle, local cafés, dining, and shopping are all within easy reach, adding everyday convenience to the lifestyle. With its blend of character, thoughtful updates, and prime location, this home offers a rare opportunity to enjoy elevated condo living in one of Long Beach’s most accessible and evolving neighborhoods.

3305 E Ransom Unit #A, Long Beach
$1,999,000
PV26079470 MLS ⋅ Active Status
4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated studio unit provides an immediate value-add component, reducing initial capital outlay while illustrating achievable rent premiums. This offering represents a compelling blend of stable cash flow and operational upside, supported by strong underlying fundamentals in a supply-constrained coastal submarket. Belmont Shore/Belmont Heights continues to exhibit high occupancy levels and resilient rent growth due to limited new multifamily development, coastal zoning restrictions, and sustained lifestyle-driven demand. Additional amenities include two single-car garages, two driveway parking spaces, on-site community laundry, and a generously sized communal backyard that enhances tenant livability and retention. Notably, additionally two units feature private outdoor spaces—an increasingly scarce amenity that supports rent growth and tenant stability. Located just blocks from the Pacific Ocean and within close proximity to Alamitos Bay Beach, Bluff Park, and the vibrant retail and dining corridor along 2nd Street, the property benefits from exceptional walkability and a premier coastal lifestyle. This irreplaceable location serves as a natural hedge against market volatility, reinforcing long-term appreciation potential. With in-place income, identifiable value-add potential, and positioning within one of Long Beach’s most sought-after rental corridors, 4124 E Broadway offers investors a rare opportunity to acquire a defensible coastal asset with both yield and growth characteristics. Buyers are advised to conduct their own due diligence regarding rent control regulations, permitting, and market rent assumptions.

4124 E Broadway, Long Beach
$1,600,000
7 Beds ⋅ 5 Baths ⋅ PW26080970 MLS ⋅ Active Status
Discover a rare real estate gem in the heart of the historic California Heights neighborhood. This expansive residential property spans three parcels totaling nearly 10,000 square feet, offering an unparalleled combination of privacy, versatility, and investment potential. Unlike traditional multi-family layouts, this property is uniquely comprised of three distinct, standalone-style residences, providing each occupant with a level of seclusion seldom found in multi-family living. The primary residence and front house is a sprawling 3-bedroom, 2-bathroom home encompassing 1,886 square feet. Highlights include original hardwood floors, a spacious living room with fireplace, a versatile den, perfect for a home office or library and an oversized patio and private backyard, ideal for California indoor-outdoor living. Residence 2: The Carriage House is positioned above the 3 separate, 1-car garages for maximum privacy, this unit also features a generous 3-bedroom, 2-bathroom floor plan with updated kitchen cabinets and granite countertops. Residence 3: The Garden Cottage is a charming standalone 1-bedroom, 1-bathroom unit with vaulted ceilings that create an airy, expansive feel. It has updated kitchen cabinets, a private yard and parking for one vehicle plus two exclusive storage units. Each residence is equipped with individual electric and gas meters. All of this is located in the highly sought-after Cal Heights and greater Bixby Knolls neighborhood, known for its strong sense of community and proximity to some of the city’s best shopping, dining, and essential services. Residents also enjoy easy access to award-winning schools, public transportation, and major thoroughfares and just a short distance from Long Beach Airport. Whether you're a savvy investor seeking a high-yield asset or a homeowner looking for an opportunity to live in on unit while the two additional units generate substantial rental income to help offset your mortgage, this property has it all!

3711 Lemon, Long Beach
$1,050,000
2 Beds ⋅ 6 Baths ⋅ 26676253 MLS ⋅ Active 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
$829,000
3 Beds ⋅ 1 Baths ⋅ OC26072483 MLS ⋅ Active Under Contract Status
A Private Garden Estate in North Long Beach! Welcome to this beautiful lifestyle home in the heart of North Long Beach, offering comfort today and exciting potential for the future. This 3-bedroom, 1-bathroom home sits on an expansive nearly 9,000 sq ft lot across 2 legal lots, creating a rare opportunity for both homeowners and investors. The home features a functional and inviting layout with a bright living area, spacious kitchen, and comfortable bedrooms designed for everyday living. Whether you enjoy cooking, relaxing, or entertaining, this home provides a warm and welcoming environment for family and friends. Step outside into a serene garden retreat surrounded by mature fruit trees and lush greenery, where the gentle sound of chimes and peaceful setting create a calming, almost resort-like atmosphere. The large backyard offers plenty of space for gatherings, play, gardening, or simply enjoying everyday moments. This property offers a unique advantage with two legal lots, providing flexibility for future expansion, ADU possibilities, or building an additional home. The alley access adds privacy and convenience, while the long driveway offers ample parking for multiple vehicles, RV, or boat, along with a detached garage and two storage sheds. Located in an established neighborhood close to major freeways, shopping, and local amenities, this home also offers convenient access to nearby schools. A rare opportunity combining lifestyle living with long-term land value and future potential.

128 E 67th Way, Long Beach
$2,595,000
SW26050870 MLS ⋅ Active Status
1031 EXCHANGE FOURPLEX, located in the highly desirable Peninsula area of Long Beach, just steps from the beach. The building consists of four units: two 1-bedroom/1-bath units located on the second floor, and one 1-bedroom/1-bath unit plus one studio/1 bath on the first floor. Each unit has its own private entrance, separate address (6514, 6516, 6518, and 6520), and electric is individually metered. All units are currently tenant-occupied. Tenants in Units 6514 and 6516 also have use of the two one-car garages. The property is well maintained, with Unit 6514 fully updated in 2020. All tenants share a common laundry room equipped with a newer washer and dryer. Units 6514 and 6520 feature mini-split A/C and heating systems, while Units 6516 and 6518 have wall heaters and no air conditioning. Each unit offers great natural light and has been well cared for. This property presents a fantastic opportunity to own a well-maintained investment building just steps from the beach. Ideally situated between the Pacific Ocean and Alamitos Bay on the highly sought-after Long Beach Peninsula. Enjoy close proximity to the shops, restaurants, and nightlife of Belmont Shore, along with beachside activities including kayaking, paddle boarding, sailing, and scenic biking and running paths leading to downtown and the iconic Queen Mary. Nearby access to the Alamitos Bay Yacht Club and Long Beach Yacht Club enhances the exceptional coastal lifestyle this property offers. ( Pictures are from 2020-2021 , updated pictures will be posted soon )- Subject to 1031 Exchange.

6514 E Ocean Boulevard, Long Beach
$1,227,000
3 Beds ⋅ 2 Baths ⋅ CV26016535 MLS ⋅ Active Status
RARE 500 Sq Ft PRIMARY SUITE! Price Improvement!! Refreshed and Reimagined Luxury! "Award-Winning California Heights" On one of California Heights' most coveted tree-lined streets, this meticulously transformed single-story residence delivers a level of finish rarely seen at this price point. From custom Venetian plaster walls to solid oak hardwood floors, every detail reflects an uncompromising vision. The chef's kitchen stuns with a massive Athena Calcutta Quartz waterfall counter, custom white oak shaker cabinetry, professional Viking appliances, pot filler, bar-style cup washer, and integrated sound system — equal parts showpiece and powerhouse. The crown jewel is the 500 sq ft Master Suite — a true private retreat with soaring vaulted wood ceilings, a sleek electric fireplace, and a massive 8-foot custom slider opening to the backyard. The spa bath features fog-free LED mirrors, a heated towel bar, and a high-tech walk-in shower with temperature and timer controls. The entertainer's backyard delivers with custom diagonal pavers, a natural gas fire pit with stacked stone/granite top, outdoor LED lighting, and gas stub for a future BBQ kitchen. The finished, insulated garage includes a 60-amp subpanel and EV charging. Major systems are all new: 200-amp panel, high-efficiency heat pump HVAC, double-pane windows, and blown-in insulation. Steps from the Atlantic Avenue corridor, First Fridays, and award-winning schools. This is California Heights living at its finest." With so many upgrades this home is an in-person MUST SEE!

3431 Myrtle Avenue, Long Beach
$590,000
2 Beds ⋅ 1 Baths ⋅ IG26033952 MLS ⋅ Active Status
Live in Long Beach for under $600.000!!! Not a condo or Townhome but a single family house for under $600.000. Wow! Come and see this wonderful home. As you walk through the front door, you immediately enter into the nice family room which includes a cozy free standing fireplace. Great for the cold winter nights while watching movies. As you continue through the family room, you will notice the large, enclosed patio on the left which would make a great bonus room, game room, man cave etc. Add a closet and make it a bedroom. The possibilities are endless! Straight ahead is the dining area and kitchen which boasts tile flooring and a free standing range. Continue into the short hallway and see the full bath on the left, a nice wood linen closet straight ahead and both bedrooms with ceiling fans on the right. The backyard includes a large cement patio as well as room for a yard or garden, whatever your heart desires! With this home, you also get an enclosed and connected laundry room and a shed which would make a great workshop. As you are looking at this home, keep in mind how nice the street looks and how well kept the neighboring homes are. A true pride of ownership neighborhood !

6060 MYRTLE 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.