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$1,450,000
RS26207276 MLS Active Status
Fully leased Bixby Knolls fourplex with approximately 16% rental upside and potential to add up to four detached ADUs—a path to doubling the unit count. Situated on an approximately 9,498 SF lot, the property features four 2-bedroom, 1-bath units totaling approximately 3,256 SF, four detached garages, and seven surface parking spaces. All units were renovated in 2019 with mini-split heating and cooling and upgraded appliances. Current rents average approximately $2,457 per unit, with projected rents of $2,850 following light interior updates on turnover. Annual scheduled income totals approximately $127,718, including ancillary income, with projected income of $151,370 through rent growth and full garage and parking rentals. This supports a projected 7.27% cap rate at the $1,450,000 asking price, excluding any future ADU income. The rear garage footprint offers potential for up to four detached ADUs while retaining surface parking, subject to buyer verification and City approval. Separately metered gas and electricity, on-site laundry, and proximity to Atlantic Avenue dining, shopping, and the 405/710 freeways round out the offering.

404 E Freeland, Long Beach

$1,850,000
OC26205983 MLS Active Status
811 Ohio Avenue is a well-maintained multifamily property located in the highly desirable Eastside submarket of Long Beach. The property is situated in a coastal location with convenient access to many of Long Beach’s most desirable amenities, including 2nd Street, Retro Row, Broadway, Belmont Shore, and Downtown Long Beach. Residents benefit from an abundance of nearby restaurants, shopping, entertainment, parks, and recreational opportunities, while remaining just minutes from the beach and major employment centers. The property also offers excellent regional connectivity with convenient access to Pacific Coast Highway, Lakewood Boulevard, and the 405 and 710 Freeways, providing accessibility throughout Los Angeles and Orange Counties. 811 Ohio Avenue is positioned within one of Southern California’s established coastal communities, offering convenient access to both local amenities and major transportation corridors.

811 Ohio, Long Beach

$1,125,000
SB26205032 MLS Active Status
Two units now, with a direct path to four. Offered shovel-ready with permits in hand at close of escrow for a detached 2BD/2BA ADU: approved plans, stamped structural and Title 24, and permit fees paid. This duplex sits directly across from Wilson High School. The approved site plan retains the existing garage, which may qualify for conversion into an additional unit under California ADU law (buyer to independently verify with the City). Both existing units are 2BD/1BA, month-to-month, and separately metered for water, electric, gas, sewer and trash, so there are no owner-paid utilities. The front unit has been renovated with quartz countertops, shaker cabinetry, stainless appliances, and an in-unit washer/dryer; the roof was replaced in 2022 and the exterior refreshed in 2026. The rear unit offers a wraparound patio, and the deep rear yard is the approved, shovel-ready ADU site, buildable without disturbing the front tenant. Owner-occupants may qualify for financing with as little as 5% down, subject to lender approval. Recreation Park, golf courses and Blair Field are walkable, and the property sits minutes from the 405, 605, and 22 freeways and Long Beach Airport, with Anduril's new $1 billion, 5,500-job campus breaking ground nearby at Douglas Park. Stamped plans, permit, contractor bid, and pro forma available upon request.

4409 E 10th Street, Long Beach

$1,197,000
PW26203773 MLS Active Status
Welcome to this beautifully updated bungalow tucked into one of Bixby’s desirable neighborhoods. With its slate gray exterior, black trim, lush low water landscaping and clean architectural lines, this home has a fresh, modern feel while retaining all the warmth and character of a classic bungalow. Inside, rich walnut toned hardwood floors set the stage for a thoughtfully designed interior, complemented by new Andersen windows throughout. The living room features a striking slate fireplace with wood mantel, recessed lighting, dimmers throughout and stylish black and gold fixtures. The fully remodeled kitchen is a standout, featuring white shaker cabinetry, quartz countertops, a professional Thermador range, oversized apron front farmhouse sink with statement gold faucet, and beautiful blue turquoise subway tile that adds just the right touch of color. The main home offers three bedrooms with custom window coverings and a beautifully remodeled bath finished with soft oyster toned subway tile and an updated tub and shower. Central air conditioning adds year round comfort. Outside is where this property truly surprises. Set on an expansive lot, the enormous grassy backyard feels more like a private park. A gazebo with outdoor seating creates a natural gathering place for entertaining, while a large hardscaped patio offers additional space for outdoor dining. A huge detached, finished garage provides incredible flexibility for a studio, creative space, gym or additional workspace. At the rear of the property, a fully permitted, separate one bedroom, one bath ADU offers exceptional income potential and additional flexibility for guests, extended family or a private home office. An oversized parking pad adjacent to the ADU provides convenient off street parking with enough space to accommodate an RV. Wood and metal gates add privacy and complete the home’s clean, modern aesthetic. Thoughtfully remodeled, beautifully styled and offering the rare combination of a turnkey home, expansive outdoor space, flexible parking and a permitted income producing ADU, this is a special opportunity in one of Bixby’s desirable neighborhoods.

4333 Maury Ave, Long Beach

$1,595,000
PW26188378 MLS Active Status
We are pleased to present a 4,000 sq. ft. 2-story vintage mixed-use property on approximately 2,465 sq. ft of land area. The property is located the Alamitos Beach neighborhood adjacent to the East Village Arts District of Downtown Long Beach and adjacent to 4th Street Retro Row, a distinctive Long Beach eclectic retail corridor. The property includes an approximate 2,080 square feet of commercial space divided into 2 restaurant/ bar tenancies front E 4th Street and approximately 1,920 square feet of residential area containing 2-1-bedroom and 1-bathroom and 2-Studio and 1-bathroom units as well as an interior corridor. The ground level includes a bar, a well-established type-48 licensed local bar which originally opened in July 2009 and in 2020 the operator expanded into the adjoining space and created hamburger grill.

939 E 4th, Long Beach

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

820 Cedar Avenue, Long Beach

$2,400,000
OC26203726 MLS Active Status
1137 Junipero Avenue is an 11-unit multifamily investment property located in Long Beach, California. 1137 Junipero Avenue was built in 1963 and features a unit mix of 9 1-bed/1-bath and 2 2-bed/2-bath units totaling approximately 7,461 rentable square feet. The gated property offers an on-site laundry room and 6 garage parking spaces, providing residents with practical amenities while generating ancillary income beyond base rental revenue. The property further benefits from copper plumbing throughout, representing a meaningful completed building-system improvement. Located in Long Beach’s Eastside, 1137 Junipero Avenue is positioned near the Anaheim Street and 7th Street corridors, providing convenient access to daily-needs retail, dining and public transportation. The property is also a short drive from the 4th Street/Retro Row corridor, Belmont Heights, the waterfront and Downtown Long Beach, placing residents near many of the city’s primary employment, recreation and entertainment destinations. With a predominantly 1-bedroom unit mix, established ancillary income sources and completed plumbing upgrades, 1137 Junipero Avenue offers a well-rounded multifamily investment within an established Long Beach rental market.

1137 Junipero Avenue, Long Beach

$4,850,000
PW26203183 MLS Active Status
The Lakewood Village Portfolio offers investors the rare opportunity to acquire three well-maintained mixed-use and SRO assets totaling 42 SRO units and 3 retail storefronts in one of Long Beach’s most desirable and supply-constrained neighborhoods. Located in Lakewood Village, an established infill community known for exceptional demographics, pride-of-ownership housing, and extremely low turnover, the portfolio provides strong in-place income and operational stability. Current income supports an attractive 7.2% cap rate and 7.83 GRM, positioning the offering as a compelling yield opportunity in a high-barrier submarket. Across the portfolio, all buildings are well maintained and exhibit true pride of ownership, with numerous physical, cosmetic, and system upgrades completed by ownership. The SRO units range between 100 and 200 square feet, with a mix of private layouts and others utilizing shared community bathrooms and showers, aligning well with the 30-day minimum stay model and helping maintain consistently strong occupancy. The three retail storefronts are individually metered for gas and electricity. Significant system improvements further enhance the portfolio’s long-term durability. All buildings have updated main electrical panels and subpanels. 4430 Village also offers dedicated 20-amp circuits in SRO rooms. The 4430 Village building includes 2 shared showers and 3 toilets and has a newer roof. All buildings are secured with security cameras and has an onsite laundry facility. The location offers exceptional convenience and connectivity. The properties are walking distance to Long Beach City College and minutes from Lakewood Golf Course, Heartwell Park, Parkview Village retail, and the region’s premier lifestyle destination, LBX (Long Beach Exchange)—a major draw for dining, retail, entertainment, and fitness concepts. This amenity-rich environment supports sustained demand for both residential and retail space.

4420 4408 E Greenmeadow, Long Beach

$2,850,000
OC26201934 MLS Active Status
825 Roswell Avenue is a 9-unit multifamily investment property located in Long Beach, California. 825 Roswell Avenue is a well-maintained 1960s property featuring a stucco exterior accented by red tile roofing, landscaped frontage and gated access. The property features a unit mix of 1 studio, 7 2-bed/1-bath units and 1 3-bed/2-bath unit, providing a concentration of larger 2-bedroom floor plans. The property has also benefited from completed capital improvements including copper plumbing and a tile roof that was replaced approximately 2 to 3 years ago. The gated property offers on-site laundry and 6 garage parking spaces, providing residents with convenient amenities while creating additional income opportunities for ownership. Laundry currently generates supplemental revenue, while the garage spaces are included with tenant rents, providing future ownership with the potential to further monetize the property’s parking. The property benefits from a highly desirable Long Beach location approximately 1 block from Wilson High School and just blocks from Recreation Park, a setting that complements its predominantly 2-bedroom unit mix. Belmont Shore and the 2nd Street commercial corridor, California State University, Long Beach and Retro Row are also a short drive away, providing convenient access to some of the city’s most prominent shopping, dining, recreation and educational destinations. 825 Roswell Avenue is being offered in conjunction with the neighboring 4-unit property at 807 Roswell Avenue and 3-unit property at 815 Roswell Avenue. Each property is available for separate acquisition or may be purchased together, creating a rare opportunity to acquire 3 contiguous multifamily properties and establish a larger ownership presence along a single Long Beach block.

825 Roswell Avenue, Long Beach

$2,100,000
OC26201411 MLS Active Status
807 Roswell Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1972, 807 Roswell Avenue offers a desirable vintage, an all-townhome unit mix and exceptionally spacious floor plans consisting of 3 2-bed/1-bath units and 1 3-bed/2-bath unit. The residences total approximately 4,642 SF of net rentable area, averaging more than 1,160 SF per unit. These larger multibedroom floor plans, 2-story layouts and private patios provide a residential living experience that is increasingly difficult to replicate and highly desirable among Long Beach renters. The gated property has been well maintained by current ownership and is attractively landscaped, contributing to its strong curb appeal and residential character. Ownership has also completed several meaningful capital improvements, including a full repipe, new electrical subpanels and a roof replacement approximately 2 years ago consisting of tile roofing with flat composition sections. The property includes 3 garage parking spaces that are not currently separately monetized, providing an additional opportunity to generate parking income while retaining a valuable tenant amenity. The property benefits from a highly desirable Long Beach location approximately 1 block from Wilson High School and just blocks from Recreation Park, a setting that complements its larger 2- and 3-bedroom floor plans. Belmont Shore and the 2nd Street commercial corridor, California State University, Long Beach, and Retro Row are also a short drive away, providing convenient access to some of the city’s most prominent shopping, dining, recreation and educational destinations. 807 Roswell Avenue is being offered in conjunction with the neighboring triplex at 815 Roswell Avenue and the 9-unit property at 825 Roswell Avenue. Each property is available for separate acquisition or may be purchased together, creating a rare opportunity to acquire 3 contiguous multifamily properties and establish a larger ownership presence along a single Long Beach block.

807 Roswell Avenue, Long Beach

$1,900,000
OC26201335 MLS Active Status
815 Roswell Avenue is a 3-unit multifamily investment property located in Long Beach, California. 815 Roswell Avenue is a distinctive Spanish-style property featuring attractive period architecture, meticulous landscaping and a well-maintained residential setting. Originally configured as 4 units, ownership combined the 2 rear 2-bedroom townhomes to create an expansive 4-bedroom owner’s residence, which they occupied for many years. The resulting floor plan provides a unique offering within a small multifamily property, further complemented by a large private rooftop deck with a built-in BBQ. The property has been maintained in excellent condition and benefits from several completed capital improvements. The front units feature new electrical panels, while the panels serving the rear residence were previously upgraded. The roof was replaced approximately 2 years ago and consists of tile roofing with flat composition sections. 815 Roswell Avenue also shares a quaint landscaped courtyard with neighboring 807 Roswell Avenue. The courtyard features a built-in fountain, mature landscaping and architectural detailing consistent with the Spanish-style character of the properties, creating an attractive common-area environment for residents. The property benefits from a highly desirable Long Beach location approximately 1 block from Wilson High School and just blocks from Recreation Park, a setting that complements its larger multi-bedroom floor plans. Belmont Shore and the 2nd Street commercial corridor, California State University, Long Beach, and Retro Row are also a short drive away, providing convenient access to some of the city’s most prominent shopping, dining, recreation and educational destinations. 815 Roswell Avenue is being offered in conjunction with the neighboring 4-unit property at 807 Roswell Avenue and the 9-unit property at 825 Roswell Avenue. Each property is available for separate acquisition or may be purchased together, creating a rare opportunity to acquire 3 contiguous multifamily properties and establish a larger ownership presence along a single Long Beach block.

815 Roswell Avenue, Long Beach

$2,000,000
OC26200969 MLS Active Status
1035 Lime Avenue is a 10-unit multifamily investment property located in Long Beach, California. Built in 1924 and situated on a 0.15-acre lot, 1035 Lime Avenue features a unit mix of 2 studios, 6 1-bed/1-bath units and 2 2-bed/1-bath units totaling approximately 6,384 square feet of net rentable area. The gated property offers a central courtyard, an on-site laundry facility and 5 garage parking spaces. The laundry facility provides existing ancillary income, while the garage parking offers additional flexibility as a separate revenue source or tenant amenity. Current ownership has completed substantial improvements to both the building systems and individual units. Work includes new copper plumbing, updated electrical systems and all-new kitchens and bathrooms throughout the property. Most units have undergone extensive renovations, with much of the interior work involving down-to-the-studs improvements. These upgrades provide a strong physical foundation and reduce the need for an incoming owner to undertake a significant renovation program. 1035 Lime Avenue is located near the East Village Arts District and Downtown Long Beach, placing residents close to an established mix of restaurants, retail, entertainment and cultural destinations. The property is also within convenient reach of the Long Beach waterfront, including the marina, shoreline recreation, dining and other coastal amenities. With substantial capital and interior improvements already completed, 1035 Lime Avenue offers an investor the opportunity to acquire an improved multifamily asset in a central Long Beach location. Its diverse unit mix, gated setting, garage parking, ancillary income sources and proximity to Downtown, East Village and the waterfront support the property’s long-term appeal to renters.

1035 Lime Avenue, Long Beach

$2,295,000
PW26200874 MLS Active Status
1059 Gladys Avenue presents the opportunity to acquire a 12-unit multifamily property in popular Eastside Long Beach. The property offers all 1BD/1BA units (two are renovated) with on-site laundry facilities. Electricity is separately metered, while gas is master-metered with one water heater. The assumable financing is particularly compelling: approximately $1.451 million at a fixed 3.57% interest rate, representing roughly 63% LTV and fully amortizing over the remaining loan term. Annual debt service is ~$78,870. In the current interest-rate environment, this low cost of debt is a significant investment advantage. At the $2.295 million asking price, the property produces approximately $126,809 in current NOI, equating to a 5.53% current cap rate. Because the going-in cap rate is substantially higher than the 3.57% mortgage rate, investors benefit from meaningful positive leverage. After debt service, the property is projected to generate approximately $47,939 in annual pre-tax cash flow, providing a 5.68% current cash-on-cash return on the approximately $844,000 down payment. Eastside Long Beach is a well-established and highly desirable rental neighborhood, offering residents a compelling combination of walkability, affordability and proximity to the city’s coastal lifestyle and major employment centers. The property benefits from a Walk Score of 93 (“Walker’s Paradise”), with numerous shopping, dining and everyday conveniences within a short walk. The neighborhood also provides convenient access to Downtown Long Beach, Belmont Heights, Recreation Park, Colorado Lagoon and the beach, while California State University, Long Beach and Long Beach City College are both within approximately three miles.

1059 Gladys, Long Beach

$1,100,000
9 Beds 6 Baths 26870211 MLS Active Under Contract Status
Well maintained fourplex located less than 1.4 miles to the beach. Just blocks away from dining, entertaining, and transportation, this impressive property includes a front two-story building with a downstairs 3 bedroom 2 bath unit and an upstairs 2 bedroom 1 bath unit with 2 bonus rooms - great for office or guest room spaces. Both of the front units have central HVAC systems. The rear structure includes a 1 bedroom 1 bath single story unit and a 2 bedroom 2 bath upstairs unit over 4 single car garages. A lovely interior courtyard has a gazebo and bbq common area space. This property can quickly get to a 6.6 cap investment. SB 721 inspection completed - passed. Agents MUST read private notes.

1100 Cherry Avenue, Long Beach

$1,695,000
PW26199976 MLS Active Under Contract Status
A rare opportunity to own two newly constructed luxury homes on one lot in the Historic California Heights District, one of Long Beach's most desirable and architecturally significant neighborhoods. Thoughtfully designed to preserve the neighborhood's historic character while blending timeless architectural details with a clean, modern aesthetic, each residence offers complete privacy with its own entrance, yard, parking, and separately metered utilities—ideal for multigenerational living, owner-occupants seeking rental income, or investors, with the detached ADU offering an estimated rental value of approximately $4,700 per month. Both exceptional craftsmanship with engineered hardwood flooring, quartz countertops, premium Samsung s/s appliances, soft-close cabinetry, designer kitchens, farmhouse sinks, recessed lighting, LED bathroom mirrors, oversized floor-to-ceiling tile in every bathroom, custom-built walk-in and reach-in closets, New, efficient HVAC systems with smart Nest controls, tankless water heaters, high-quality solid-core doors, and top-quality clad windows and sliding doors designed to meet Historic California Heights architectural guidelines. Each home also features its own 200-amp electrical panel, Dedicated 240-volt fast EV charging station, separate gas and electrical meters, and a private fenced yard. The front residence offers 3 bedrooms and 2 bathrooms with an open-concept floor plan filled with natural light from skylights and expansive glass doors that connect seamlessly to the private backyard. The spacious primary suite features direct yard access, a custom walk-in closet, and a beautifully appointed spa-inspired bathroom. The detached rear residence offers 3 bedrooms and 2½ bathrooms with its own private gated entrance, covered parking, full-size laundry room, generous storage, and an equally impressive open-concept design, creating the feel of a completely independent luxury home. Completed with brand-new roofing, plumbing, electrical, a fully automatic irrigation system with smart controllers, professional landscaping, fruit trees, four parking spaces, a covered carport, and a state-of-the-art electric gate opener. Located in California Heights, one of Long Beach’s most distinctive and sought-after neighborhoods. Residents enjoy convenient access to the shops, restaurants, and neighborhood businesses of nearby Bixby Knolls, and parks.The property is also near the highly regarded Longfellow Elementary and Hughes Middle School

3511 Rose, Long Beach

$1,595,000
SB26199827 MLS Active Status
This clean, well-maintained property presents a great opportunity for those looking to own a stable asset that is east to manage and operate. Located directly across from Drake Park in Long Beach's historic Drake Park/Wilmore City neighborhood, there are 6 large units within 2 structures on a 7,316sqft lot with 5 garages. Priced at a 10.99 GRM and 6.0% cap rate, the property offers immediate upside with 5 of 6 units eligible for rent increases, plus long-term value-add potential via 5 single-car garages that may allow for future ADU conversion. 5 of 6 units tastefully renovated in 2021 and recent capital improvements include new exterior stairs, new water heaters in 4 of 6 units, and upgraded breakers/subpanels. The lot features a charming central courtyard, and it's located across the street from the Historic Drake Park with proximity to over $8 billion in ongoing and planned development near Downtown Long Beach and the Waterfront. This is a great deal for all investors, especially those that need the end of the year tax shelter benefits and/or those currently in a 1031 exchange.

920 N Park, Long Beach

$2,525,000
OC26199545 MLS Active Status
2059 Cedar Avenue is a 14-unit multifamily property located in Long Beach, California. Built in 1931, 2059 Cedar Avenue features distinctive Spanish Revival-style architecture characterized by its stucco exterior, clay tile roof, arched openings and period architectural detailing. The 2-story property features a unit mix of 6 studios and 8 1-bed/1-bath units totaling approximately 9,399 rentable square feet. Residents enter through a controlled-access main entrance that opens to an interior hallway system serving the individual residences, a layout characteristic of apartment buildings from this era. The property offers several amenities that provide value to both residents and ownership. An on-site laundry facility gives residents the convenience of laundry within the building while generating additional property income. The 4 garage parking spaces are particularly valuable in Long Beach’s dense residential environment, providing residents with dedicated off-street parking while also enhancing the property’s rental income. Current ownership reports copper plumbing and electrical improvements, along with updates to kitchens and bathrooms throughout the property. Units have also received various improvements as they have turned over through the years, with stainless-steel appliances among the upgrades found in select residences. Combining classic 1930s architecture with updated interiors, building-system improvements and incomeproducing resident amenities, 2059 Cedar Avenue offers investors the opportunity to acquire a distinctive Long Beach multifamily asset with numerous capital improvements already completed under current ownership.

2059 Cedar Avenue, Long Beach

$2,125,000
OC26199510 MLS Active Status
1111 Pine Avenue is a 12-unit multifamily investment opportunity located in Long Beach, California. Built in 1922, 1111 Pine Avenue features a unit mix of 7 studios and 5 1-bed/1-bath units totaling approximately 6,142 square feet of net rentable area. The property offers a gated central courtyard, on-site laundry facility and 4 garage parking spaces. The property has benefited from extensive improvements under current ownership, with most units substantially renovated as vacancies occurred over roughly the last decade. Five units have been recently renovated with all-new kitchens and bathrooms, including 4 currently vacant units whose renovations were just completed and are positioned to be leased at current market rental rates. Renovated interiors feature a mix of updated cabinetry, countertops and flooring as well as recessed lighting, with finishes varying by unit. Ownership has also invested in the building’s major systems, including new copper plumbing and updated electrical. Together with the extensive interior renovation history, these improvements represent meaningful capital investment in the property and provide a stronger physical foundation for future ownership. Current rents remain below prevailing market levels, providing additional long-term income growth potential. More immediately, the 4 newly renovated vacant units allow an incoming owner to establish market rents on one-third of the property at acquisition. Combined with the substantial improvements already completed throughout the building, 1111 Pine Avenue offers a compelling balance of current condition, near-term lease-up potential and longer-term rental upside.

1111 Pine Avenue, Long Beach

$1,199,900
4 Beds 3 Baths 26987077 MLS Active Status
Versatile and turn-key investment opportunity at 530 Almond Ave. This Long Beach DUPLEX has been thoughtfully updated and remodeled, offering a fresh, modern aesthetic across both units. Whether you're looking for a savvy addition to your portfolio or a property with built-in income potential, this one delivers. The property is currently performing well, with a front 3BD + 2BA house fully remodeled with a spacious and bright living room, dining area, renovated bathrooms and fully equipped kitchen with brand new LG appliances with fridge, stove, microwave, dishwasher and garbage disposal, as well as new countertops, new cabinets, new fixtures. Additional features include new recessed lighting, new vinyl flooring, covered one car garage, gated driveway with space for 3 cars, central AC on the front unit and a washer and dryer room in unit. All plumbing, electrical and HVAC systems have been upgraded. Relax outside and enjoy a large backyard area with new landscaping already occupied by tenants paying excellent rents, providing immediate cash flow from day one. The second unit is a 1BD + 1BA upstairs unit sitting above the garage on a separate building and remodeled with a mini split A/C unit. In addition to the two primary units, the property features a non-conforming studio situated below the 1BD unit, offering even more flexibility for creative use or additional workspace. Spacious backyard on an expansive lot with room for an ADU or additional improvements. The property includes a garage and a spacious driveway with enough room to accommodate multiple vehicles comfortably. With its stylish finishes, updated systems, and significant income potential, this is a standout opportunity to own a high-functioning property in a vibrant location. The expansive lot has room for further development potentially adding two ADUs (buyer to verify). One bedroom unit to be delivered vacant! Main house and studio are tenant occupied and bringing good income! Shown with accepted offer only.

530 Almond Avenue, Long Beach

$2,800,000
20 Beds 11 Baths 26987109 MLS Active Status
1512 Sherman Pl | 11-Unit Multifamily, Long Beach. 1963-built asset totaling 9,557 SF on a 15,291 SF lot in an established residential corridor near Long Beach's Eastside. The property features a balanced mix of six 2+1 units, three 1+1 residences, and two 3+2 units with eleven on-site parking spacesa structural advantage in this supply-constrained submarket. All eleven units are currently occupied and fully stabilized, with in-place rents averaging $2,129/month against market rents of $2,185 and the entire portfolio positioned to capture rent growth at each lease renewal through Long Beach rent control. Offered at $2,800,000 ($254,545/unit | $292.98/SF) with a 6.62% in-place cap rate, the real story is operational simplicity and organic growtha 6.88% pro forma cap and immediate distribution capacity as rents normalize through turnover with zero capex required.

1512 Sherman Place, Long Beach

$949,000
SB26199221 MLS Active Status
NEWLY REMODELED TRIPLEX & INCREDIBLE INVESTMENT OPPORTUNITY! Located in a great Westside neighborhood and within walking distance to elementary, middle, and high schools, this extensively upgraded property offers an exciting opportunity to become a landlord, live in one unit while renting the others, or add a versatile income property to your investment portfolio. Two units are newly constructed and the third unit has been completely remodeled from top to bottom. All three units have fresh, modern interiors and are comprised of the following: 1 bed/1 bath with 888 sq ft; 2 bed/1 bath and 700 sq ft (buyer to verify; permit pending); 450 sq ft ADU (buyer to verify/permit pending). The ADU is a planned garage conversion with finishes that can be customized by the buyer. Situated on a large 5,000+ square-foot lot, the property offers a long driveway, covered carport, ample street parking, and convenient alley access behind the property for additional parking and access. A grassy front yard provides a welcoming outdoor area for relaxing and enjoying the Southern California lifestyle. This incredible triplex offers tremendous flexibility with its desirable Westside location and convenient access to local schools and businesses. Live in one and rent the others, create a multigenerational living setup, or take advantage of the property's investment potential!

2470 Webster, 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.