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$1,497,777
DW26151227 MLS Active Status
Exceptional Long Beach Investment Opportunity! Don’t miss this beautifully remodeled multi-unit property in the City of Long Beach, offering the perfect combination of comfortable owner-occupancy and income-producing potential. The front home features 3 spacious bedrooms and 2 full bathrooms, providing a modern and inviting living space for the new owner. Behind the main home are three additional rental units, creating an excellent opportunity to generate rental income that can help offset the monthly mortgage payment. Whether you’re looking to live in the front house while building wealth through rental income or expand your real estate portfolio, this versatile property is an outstanding investment. The entire property has been recently remodeled, offering updated finishes and move-in-ready convenience. Properties like this are rare—ideal for homeowners, investors, or anyone seeking a property that combines lifestyle and financial opportunity. With generous lot size and favorable zoning, there's potential to add up to 4 ADUs (buyer to verify), creating an 8-unit income-producing property. Front House and one of the back units to be delivered vacant at close of escrow

2130 Elm, 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

$1,250,000
3 Beds 2 Baths 26856719 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. One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.

530 Almond Avenue, Long Beach

$1,695,000
OC26147634 MLS Active Status
Discover the potential of this classic Spanish duplex in the heart of Belmont Heights, featuring two detached homes on one lot and offering a rare opportunity for investors, multi-generational living, or owner-occupants seeking rental income. The front residence is a two-story home with timeless character, including original hardwood floors, built-ins, and a spacious living room and dining area with large picture windows overlooking the front garden. A white picket fence and mature shade trees create welcoming curb appeal, while the formal dining room and vintage tile kitchen reflect the home’s original charm. Upstairs are two generously sized bedrooms, a third smaller bedroom ideal for an office or nursery, and two bathrooms. The primary bedroom has a private balcony and its own bath with a shower, while a full hall bath serves the additional bedrooms. A powder room is conveniently situated on the main level off the kitchen area. Located at the rear of the property is a detached one-bedroom, one-bath apartment above its own two-car garage with two separate entrances, providing privacy from the main residence. A bonus room adjacent to the garage offers additional space with potential for a studio, home office, gym, or other uses. A long driveway provides ample off-street parking and access to both detached garages, adding convenience and functionality. With two detached homes, vintage Spanish architecture, abundant parking, and exceptional potential, this is a rare opportunity to restore and reimagine a classic Belmont Heights property.

323 Park Avenue, Long Beach

$3,475,000
14 Beds 14 Baths 26853641 MLS Active Status
PRICED TO SELL - 9.3 GRM and 7.0% CAP at market rents. 14 units in prime Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean, all units have been tastefully remodeled and 12 of the 14 units feature in unit W/D's. The front building was constructed in 1913 and the rear structure in 1956. All units were updated in 2020 including new kitchen cabinets, counter tops, updated bathrooms and flooring. Many units have private outdoor patios/spaces. The building was also recently painted green. The property features 5 garages, 1 carport and 2 open parking spaces. The 5 garages in the rear could potentially be converted into 2 new ADU's - Buyer to verify. Currently no tenants pay for parking, it is included as part of their lease. The front building (8 units) is master metered and the rear building (6 units) is separately metered for utilities. The property has an 87 Walkscore as well. Based on area rental comps, there is approximately 11% rental upside, allowing an owner to achieve a 9.35 GRM and 7.0% CAP once rents are leveled to market. 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.

1142 E 1st Street, Long Beach

$4,575,000
OC26147265 MLS Active Status
Positioned directly on the sand at a premier corner location, this exceptional oceanfront property offers a rare combination of architectural sophistication, flexibility, and future upside. Currently configured as two expansive residences, a three bedroom lower home and a two bedroom plus den/office upper home, the property may also be reimagined as one grand single family beachfront estate. This home currently holds a short term rental permit with the city of Long Beach! Between 2021 and 2024, the building underwent a comprehensive transformation, with nearly every major system upgraded or replaced. Improvements include a new roof, replastered exterior, upgraded electrical and plumbing, new windows and doors, a newly constructed oceanfront balcony, and a striking glass pneumatic elevator showcasing coastal views. Interiors reflect a refined international aesthetic, elevated by imported finishes and bespoke design elements. A SMEG gas range, custom fabricated hoods, marble fireplace surrounds, a built-in Thermador refrigerator, floor to ceiling wine display, Toto electronic water closet, and integrated microwave drawers define the living spaces. Kitchens are designed for entertaining, featuring a 22 foot counter in the lower residence and a 15 foot island with vegetable sink in the upper residence. Outdoor living is equally compelling, highlighted by an ocean view entertaining terrace with an 18 by 13 foot porcelain clad kitchen with quartz countertops, along with a custom outdoor shower accented by an original hand painted surfboard. A refined entry lobby connects both residences and the elevator, while a fully finished two car garage provides a rare and valuable amenity in this beachfront enclave. With Long Beach selected to host multiple events during the 2028 Summer Olympics, and the region welcoming the upcoming World Cup and Super Bowl, the property presents a compelling opportunity for luxury short term rental demand and long term value appreciation, whether enjoyed as a private coastal compound or a high end income producing asset.

10 66th, Long Beach

$2,375,000
PW26074353 MLS Active Status
Timeless Spanish Charm with Modern Upgrades PLEASE DO NOT ENTER THE PROPERTY OR CONTACT THE TENANTS WITHOUT AN APPOINTMENT Step into a beautifully upgraded 1928 Spanish-style property that seamlessly blends historic character with contemporary improvements. This well-maintained asset offers strong rental appeal and long-term investment potential. Property Highlights Classic architecture featuring refinished original mahogany doors and moldings Five units with refinished hardwood floors Upgraded kitchens and bathrooms throughout Separately metered gas and electric for all units Two spacious 2-bedroom units (#2 & #4) Remodeled kitchens with microwaves and dishwashers. Unit #2 includes forced-air heating Four 1-bedroom units with updated kitchens with modern finishes All six bathrooms upgraded for improved comfort and appeal Additional Amenities Large on-site laundry room with separate gas and electric meters & Tenant storage lockers. Newer fencing and secure entry gates Property termite treated (2000) Listing Agent is the Owner

843 Newport, Long Beach

$1,350,000
PW26129727 MLS Active Under Contract Status
This well maintained quadruplex at 4322 Elm Ave is a 4 unit multifamily investment property in the Bixby Knolls neighborhood of Long Beach, California, zip code 90807. Built in 1944, the 3,076 square foot building sits on a 9,458 square foot lot and delivers four two bedroom, one bathroom units, 8 bedrooms and 4 bathrooms total. The property offers 5 parking spaces, with 4 located in a garage off the alley. Capital improvements are extensive and recent. The building features a new asphalt and fiberglass composition shingle roof installed over solid sheathing, 36 windows replaced in 2022, and four water heaters replaced in 2022. For investors searching for a turnkey Long Beach rental property with major systems already updated, this asset checks the boxes. Location is a major driver of value here. 4322 Elm Ave sits within walking distance of the Atlantic Avenue corridor, the heart of Bixby Knolls, lined with restaurants, coffee shops, and boutique shopping. Tenants can walk to Trader Joe's, Pet Food Express, MOD Pizza, Jersey Mike's, Verizon, and Crunch Fitness, everyday retail and dining that make life easy without needing to drive. The property is also served by Los Cerritos Elementary and Hughes Middle School, two of the most sought after schools in the Long Beach Unified School District. That combination of walkable grocery, dining, fitness, and strong schools makes this a high value area to live, which translates to steady demand and long term occupancy for the owner. 4322 Elm Ave is offered alongside two additional Bixby Knolls apartment buildings, 4407 Linden Ave and 4411 Linden Ave, all owned by the same owners and clustered within close distance of one another. Buy this clean, updated fourplex on its own or combine all three buildings into a single Long Beach multifamily portfolio. Drive by only, please do not disturb tenants.

4322 Elm Avenue, Long Beach

$1,699,000
PW26147239 MLS Active Under Contract Status
Six unit building in a proven Bixby Knolls rental pocket. Constructed in 1954, the property spans 3,956 square feet on a 9,018 square foot lot, with 10 bedrooms and 6 bathrooms across the units. The lot also includes 4413 Linden Ave. Recent ownership investment shows, six replaced water heaters and 32 windows changed out in 2018. Please note that all three buildings are available, 4407 Linden Ave, 4411 Linden Ave, and 4322 Elm Ave, all offered by the same owners and clustered within close distance in Bixby Knolls. As the largest of the three, this building lets an investor step into scale and density, whether purchased on its own or as part of the full portfolio, in a neighborhood with steady, long term demand. Drive by Only!

4411 Linden Avenue, Long Beach

$2,450,000
OC26146653 MLS Active Status
3700 East 4th Street is an 8-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach, California. Constructed in 1963, the property totals approximately 6,336 net rentable square feet on a 0.14-acre parcel and features a desirable unit mix of 4 one-bed/one-bath units, 1 two-bed/one-bath unit, and 3 two-bed/two-bath units. 3700 East 4th Street offers investors the opportunity to acquire a well-positioned multifamily asset in one of Long Beach’s most desirable coastal rental neighborhoods. Belmont Heights is known for its established residential character, proximity to the beach, and access to popular lifestyle amenities, supporting strong renter demand within the immediate area. The property provides several resident amenities, including 4 single-car garages, on-site laundry, security/screen doors, and in-unit laundry in 4 of the units. Current ownership has also maintained the asset through recent improvements, including a roof replacement completed in 2024. In addition to its physical attributes, the property benefits from strong in-place rents, as ownership has kept rents aligned through regular increases. Offered at a 5.69% cap rate on current rents, 3700 East 4th Street provides investors with immediate in-place income in a high-demand Belmont Heights location, while maintaining long-term appeal through its coastal Long Beach setting, functional unit mix, and proximity to daily conveniences and lifestyle amenities.

3700 E 4th Street, Long Beach

$2,000,000
OC26146571 MLS Active Under Contract Status
927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.

927 Belmont Avenue, Long Beach

$1,399,999
PW26144855 MLS Active Status
TWO ON A LOT!!! Welcome to a rare east Long Beach opportunity featuring two beautiful homes on one lot! These were thoughtfully designed for modern living, flexibility, and long-term value. The front home offers 1,004 square feet of beautifully renovated living space with 2 bedrooms and 1 bathroom. Completely reimagined in 2023–2024, nearly every major system has been upgraded, including a new roof, air conditioning, plumbing, electrical panel, new main sewer line, flooring, fresh paint, remodeled kitchen, inside laundry, and a stunning updated bathroom. The result is a truly turnkey home that feels essentially brand new. Tucked behind the main home is a new construction detached ADU offering 800 square feet with 2 bedrooms and 2 bathrooms! This impressive space features an inviting open layout, stylish finishes throughout, a gorgeous kitchen, inside laundry, air conditioning, and a spacious primary suite complete with a beautiful ensuite bathroom and large walk-in closet. What truly sets this property apart is its incredible versatility. With separate water, gas, and electric meters for each home, this property is ideal for multigenerational living, rental income, house hacking, or creating a private guest retreat. This property also features ample outdoor space with a sizable patio off the ADU, a large yard between the two houses and spacious deck off the main house. Keep it open or it can be easily fenced off for complete privacy between the two homes. The property also features a one car garage, driveway and huge front yard. Whether you're searching for a smart investment opportunity or a flexible property that can adapt to your lifestyle, this is a rare chance to own two beautiful homes on one lot in one of Long Beach’s most desirable neighborhoods.

3329 N Los Coyotes Diagonal, Long Beach

$2,300,000
SB26144665 MLS Active Status
1950 Pacific Ave presents a rare VALUE ADD Opportunity to acquire an 11-unit multifamily asset in Long Beach with strong in-place cash flow and two newly constructed ADUs already completed. The property features a desirable unit mix consisting of 1-bedroom and 2-bedroom units, including the two new ADUs, giving investors a clean combination of existing income, newer added rental units, and continued upside in rents. Built in 1962, the property totals approximately 6,733 square feet of building area on an approximately 8,591 square foot lot. Current scheduled rents total approximately $19,559 per month, or $234,712 annually, with market rents projected at approximately $21,940 per month before additional garage income, bringing total annualized market income to approximately $270,480. At the asking price of $2,300,000, the property is priced at approximately $209K per unit and $267 per net rentable square foot. The asset currently operates at a 9.80 GRM and 7.03% cap rate, with the ability to move toward an 8.50 GRM and 8.54% cap rate at market rents. The offering provides investors with strong current income, two newly built ADUs, and a clear path for additional rent growth in a central Long Beach location. With multiple units still below market and the ADU income already in place, 1950 Pacific Ave offers a compelling value-add opportunity with both immediate cash flow and long-term upside.

1950 Pacific, Long Beach

$3,350,000
15 Beds 10 Baths 26854797 MLS Active Status
Huge 650k Price Reduction! Once in a lifetime 100% Renovated 10-unit Master-leased opportunity and cash flowing at an impressive 7% Cap Rate from Day 1! The offering provides investors with a turnkey opportunity to purchase a premium asset where every single unit was vacated, completely renovated and leased at market rent. The building was entirely stripped to the studs and thoroughly renovated with permits featuring a new roof, electrical system, plumbing, HVAC, water heaters, and windows. Other upgrades include new cabinets, modern countertops, new flooring, recessed lighting, updated bathrooms with new vanities and sleek bathtubs, and stainless-steel appliances. The offering brings a diverse unit mix consisting of 5 (1bed/1bath) units and 5 (2bed/1bath) units including 3 brand-new ADUs. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Located in prime North Long Beach just minutes from the beach, offering investors the opportunity to acquire a low-maintenance asset in a coastal rental market without premium coastal pricing! Majority of the units are master-leased by a single organization providing guaranteed cash flow and minimal vacancies. (Similar to a hassle-free NNN deal with stable income and more limited landlord responsibilities with ease of management and rent collection).

5529 Dairy Avenue, Long Beach

$1,695,000
PW26138649 MLS Active Status
245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability.

245 E Artesia, Long Beach

$1,475,000
OC26140547 MLS Active Status
Discover timeless Spanish charm in the heart of Belmont Shore. Built in 1924, this character-filled property features a beautifully maintained single-level main residence and a separate one-bedroom upper unit, creating an exceptional opportunity for owner-occupants, multigenerational living, or rental income. The 1,285-square-foot main residence showcases classic architectural details, including hardwood flooring throughout, cased windows, and stunning arched windows that bathe the living and dining rooms in natural light. The spacious floor plan features one bedroom, one and one-half baths, and a welcoming family room with a cozy fireplace, built-in desk, and a large closet that offers the potential to be converted into a second bedroom. A spacious front patio embraces the quintessential Belmont Shore lifestyle, providing the perfect setting for morning coffee, entertaining guests, or simply enjoying the coastal breeze. Above the garage, the private 657-square-foot one-bedroom unit features its own entrance, living room, dining area, kitchen, full bath, and bedroom with a private balcony, offering an ideal space for guests, extended family, or rental income. A rare Belmont Shore offering, the property includes two independent oversized one-car garages providing exceptional parking, storage, and convenience. Ideally situated just blocks from the beach and less than a three-minute stroll to the vibrant shops, restaurants, cafés, and boutiques along Second Street, this exceptional property seamlessly blends historic Spanish architecture, flexible living spaces, and an unbeatable coastal lifestyle in one of Long Beach's most sought-after neighborhoods.

169 Roycroft, Long Beach

$1,175,000
SB26142307 MLS Active Status
TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

2250 Magnolia, Long Beach

$995,000
PW26141359 MLS Active Status
Income-Generating Property with Two Permitted Homes on One Lot! Income Total: $4,900/month. Immediate rental income ($2,800/mo and $2,100/mo), long-term tenants. Newer Rear ADU built 2019 & Front home built 1941. ADU residence features a spacious 3-bedroom, 1.75-bathroom floor plan, HVAC, tile floors, composite or possible granite counters in Kitchen & Bathrooms, appx. 1,200 sq ft of modern living space. Front of lot is older independent, permitted 2 bedroom, 1 bathroom, Remodeled detached front house, appx 777 sq ft with private entrance, sep utilities, Kitchen Quartz type Counter top, Tile floors in Kitchen and Bath. Floor furnace. Hardwood floors in living room & bedrooms. Both have tankless water heaters, vinyl dual pane windows and copper pipe through out in both houses. Shed, Wood & Vinyl Fencing. Low maintenance. Perfect for a savvy investor looking for instant cash flow. Conveniently located near local amenities, 91 and 710 freeways and mass transit., California 1482 applies.Owner's photos were taken appx. in 2020.

6160 Gundry, Long Beach

$750,000
PW26121906 MLS Active Status
Exceptional value-add triplex opportunity in North Long Beach. Situated on a prominent corner lot, this income-producing property consists of three 1-bedroom, 1-bathroom units, each featuring a private garage and dedicated outdoor space. One unit benefits from an oversized wraparound yard, providing enhanced tenant appeal and potential rental premium. The property presents a compelling opportunity for investors seeking rental upside through interior and exterior improvements. The asset is well suited for investors looking to add value and capitalize on Long Beach's strong rental demand. Conveniently located near major transportation corridors, retail amenities, employment centers, and neighborhood attractions, the property offers both accessibility and long-term growth potential. Whether you're a first-time multifamily investor or an experienced buyer seeking a repositioning opportunity, 180 E. 55th Street represents an attractive entry point into the Long Beach multifamily market.

180 E 55th, 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

$1,648,000
P1-27710 MLS Active Status
Discover coastal living at its finest in the vibrant Belmont Shore neighborhood of Long Beach! Just one short block from the beach, this beautifully maintained property is comprised of three impeccably remodeled units, each featuring remodeled kitchens with stylish cabinets, quartz countertops, and stainless steel appliances. The interiors boast newer flooring throughout, enhancing the modern elegance of each space.There are two one bedroom and one bath units in the front, while the third spacious two-bedroom, one-bath unit sits above the garages In back. Each unit benefits from its own patio area, perfect for enjoying the outdoors. Residents will also appreciate the convenience of a shared community laundry facility.One of the standout benefits of this property is the parking arrangement, offering three single-car garages with an additional driveway space in front of each garage for convenient parking for all residents. The building has been thoughtfully maintained over the years, ensuring a bright and inviting atmosphere with an abundance of windows and natural light.In addition to fine restaurants and cafes, the area offers an array of coastal activities to enjoy. Whether it's surfing the waves, fishing off the pier, biking along scenic paths, or simply taking a leisurely walk along the beach, Belmont Shore provides an idyllic setting for an active lifestyle.

60 Bennett Avenue, Long Beach

$1,795,000
PW26134375 MLS Active Status
In a rather hidden enclave of Belmont Heights, this wonderful property offers 2 separate homes for investment or owner occupier w/ an income. This is a low traffic area with great walk-ability. The owner has resided in each of these homes & these are not typical “rental” properties. The front home, while originally built in 1947, has been gutted & undergone multiple renovations. It is 3 bedrooms, 3 baths, a studio, and a loft. With cathedral ceilings, the airy yet cozy interiors feature heart of redwood paneling in the dining & living rooms, wood burning fireplace, large family room w/ adjacent sun room, & the loft above it all. The kitchen is thoughtfully updated with in-demand stainless appliances, Caesarstone counter tops, 5 burner stove, built-in Jenn-Air grille, instant hot water tap, & elegant travertine flooring. Well selected natural cherry cabinetry for smart storage completes the space. A separate laundry & refrigerated wine room is adjacent to the kitchen. The downstairs bedroom offers a remodeled bath with high tech shower fixtures. The upper floor is clad in Berber carpeting & the loft is a convenient space that overlooks the living room. Bedroom 1 features a sliding glass door to a private deck, & the 2nd bedroom upstairs has a very large closet. A studio/4th bedroom has a deck w/ separate entrance accessed by spiral staircase. The home has forced air heat & central air.. It enjoys part of the yard area & shares a 2-car garage w/ the rear home. The owner added 1000 sf to create appx 2600 sf. Recent re-landscape is no maintenance w/ installation of artificial turf & drip system. Most decks & the walkway are crafted of elegant, precious, & extremely durable Ipe wood. When the private rear home was the owner's unit no expense was spared in an extensive make over – think HGTV! This home was built in 1963 & attention to detail is superior. A large living room w/skylights fir wonderful natural light & a fireplace for heating the home is showcased amid hardwood flooring. The kitchen is beautifully remodeled with stunning cabinetry, Caesarstone counter tops, & luxurious appliances including a refrigerator, dual convection & microwave oven, dishwasher, & refrigerated wine storage. The bath is fitted with a “no step” walk in shower, dramatic tile, high end plumbing fixtures, & elegant cabinetry. This rear home is estimated at 950 sf & has a secluded & enclosed rear yard w/ laundry locker w/appliances, & semi-private front patio for al fresco dining.

516 518 Roycroft Avenue, Long Beach

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