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$1,399,900
6 Beds ⋅ 4 Baths ⋅ 26870317 MLS ⋅ Active Status
STRONG LONG BEACH MULTIFAMILY INVESTMENT & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 1089 E. 7th Street presents investors with an opportunity to acquire an income-producing Long Beach multifamily asset generating approximately $8,000 PER MONTH / $96,000 IN ANNUAL GROSS RENT. With approximately $27,465 in annual operating expenses, the property generates an estimated NET OPERATING INCOME (NOI) OF $68,535, representing an approximate 4.90% CAP RATE at the offered price. The property also reflects an approximate 14.58 GRM, providing investors with an attractive combination of existing income, cash flow, and long-term ownership potential in the Long Beach rental market. Unlike opportunities that depend primarily upon future projections, 1089 E. 7th Street offers substantial EXISTING RENTAL INCOME from day one. The property's income profile makes it well suited for a long-term multifamily investor, portfolio buyer, or 1031 Exchange purchaser seeking replacement property with established cash flow. Located in Long Beach, the property provides access to one of Southern California's established rental markets and offers investors the opportunity to acquire a multifamily asset with approximately $96,000 in annual gross rental income while maintaining the potential for future rent growth, operational improvements, and long-term appreciation. PORTFOLIO OPPORTUNITY: 1089 E. 7th Street is being offered as part of a portfolio sale together with 117 W. 9th Street. The properties offer complementary investment strategies: 1089 E. 7th Street provides high existing income, and 117 W. 9th Street offers two vacant 2-bedroom units with owner-user and value-add potential. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer; also to independently verify all rents, expenses, income, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and all other property information.

1089 E 7th Street, Long Beach
$995,000
PW26173996 MLS ⋅ Active Status
Completely rennovated duplex in the heart of the Zafaria neighborhood of Long Beach. Walking distance to Rereation Park, Billie Jean King Tennis Courts, and Great Restaurants! Gorgeous refinished hardwood floors, Quartz Kitchen Counters, New custom kitchen cabinetry, new stainless kitchen applainces, custom tile kitchen flooring. Bathrooms also completely remodeled with custom vanities and tub/shower systems, tile flooring, custom tub/shower surround, everything! New lighting inside and out! Completely repainted inside and out. Full copper repipe and completely new electrical wiring. Both units have private back lawns and their own laundry rooms! Each unit has one garage space and one driveway space!

4316 E Wehrle Court, Long Beach
$850,000
PW26173778 MLS ⋅ Active Status
Great income Property three units on corner lot. Live in one and rent the other two units. The property features an attractive units mix of two 2- bedroom/1bath and one Studio and 1bath. The transit-oriented location provide convenient access to Downtown Long Beach, local retail and freeway near by.

1601 Pine, Long Beach
$945,000
PW26173649 MLS ⋅ Active Status
Value in the Land! Excellent Investment & Redevelopment Opportunity! This 2-story duplex sits on a generously sized 10,469 SF lot, offering excellent potential for future development, ADU, or other multi-unit possibilities, subject to city approval and zoning requirements. The property is currently tenant-occupied, providing rental income while exploring future plans. Each attached unit is approximately 560 SF and features 1 bedroom and 1 bathroom on the first floor, plus a second-floor bonus room with closet. A detached 3-car garage and rear laundry room provide additional convenience and potential. Both units were upgraded approximately 5 years ago with laminate flooring, kitchen cabinets, quartz countertops, sinks, and upgraded electrical panels. Each unit also features a newer mini-split heating and cooling system. A rare opportunity for investors, developers, or owner-users seeking a property with existing rental income and significant land potential. Buyer to verify zoning, permitted use, lot-split/subdivision possibilities, ADU opportunities, development potential, and all property information with the City of Long Beach.

1331 W 19th, Long Beach
$1,100,000
OC26173656 MLS ⋅ Active Status
Welcome to this charming Duplex on a tree-lined street with great income potential. The property offers the flexibility to live in one unit, rent the other, or rent both units for steady income (or explore short term opportunities). Both homes are the same Lot with separate entrance (and mailbox) for the back house. The Front house features 3 bedrooms/2 baths with a Loft, and the Back house features 2 bedrooms/1 bath. Each home comes with a refrigerator, and a laundry area with washer and dryer. Both houses have detached and separate meters. The two (2) parking spaces in the back of the Duplex have an automatic gate off the alley. There's a spacious backyard between the 2 houses and each property can be beautifully manicured and separated for privacy. Great location, with some upgrades in the kitchen, some upgrades in the bathrooms, and has vinyl flooring (no carpets) throughout. Ready to move-in or ready to rent them out. Appreciation potential is high with the Olympics just around the corner! Near the freeway, metro station, shops and restaurants, local park, and beach. Come take a tour and imagine the possibilities.

757 N Loma Vista, Long Beach
$1,100,000
SB26171308 MLS ⋅ Active Under Contract Status
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.

2441 Cedar Avenue, Long Beach
$999,000
SB26171304 MLS ⋅ Active Status
Two large totally renovated 4 bedroom homes on a lot for the price of one! Move-in ready front house plus an upgraded rear house generating enough consistent income to cover more than 50% of your mortgage with a long-term stable rental history. With over 2700 of total rentable square footage, both houses have been totally modernized including renovated bathrooms & kitchens, new windows, vinyl flooring, overhead lighting, open concept floor plans, and in-unit laundry. Extensive major system replacements have been done with new electrical wiring and panels (2019), full plumbing supply & drain re-pipe (2025), sewer line (2024), and new fencing and security gate (2022). Both homes also offer attractive outdoor spaces making each feel like a true single family residence. A covered porch and large patio in the front plus a private side deck with an outdoor bonus room give the front home tons of indoor/outdoor living while the rear home offers a private patio plus gated parking for 2 cars. The two units are separately metered for gas an electrical, minimizing expenses. Located at the border between Craftsman Village and Cambodia town neighborhoods, the location is very walkable with many local markets and shops. Short commutes of 10 blocks to the beach, 2 miles to the 710 freeway, and 2.5 miles to the 405. The Blue line with express service to downtown LA is just 1 mile to the West.

932 Walnut, Long Beach
$2,075,000
12 Baths ⋅ 26869467 MLS ⋅ Active Status
3rd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.75% from day 1 with easily achievable upside to 8.4% Cap Rate on Proforma. Priced at only $172k per unit for a Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) paving a clear way to reach market rents and the 8.4% Proforma Cap Rate in the near future. The property features 12 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Select units have been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers on-site laundry which has been remodeled and generates additional income. Located in the heart of Downtown Long Beach, just steps from the East Village Arts District, Alamitos Beach, the Long Beach Convention Center, Aquarium of the Pacific, Queen Mary, and the Beach! Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime coastal urban corridor.

623 E Broadway, Long Beach
$2,195,000
10 Beds ⋅ 8 Baths ⋅ 26869003 MLS ⋅ Active Status
Huge ~400k Price Reduction! 8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 7.75% from day 1! Excellent unit mix of 1 (3bed/1bath) unit and 7 (1bed/1bath) units including 2 brand-new attached ADUs. Several units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash, further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) for future upside. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

1036 Cherry Avenue, Long Beach
$3,500,000
PW26169871 MLS ⋅ Active Status
235–237 Linden Avenue is an 18-unit multifamily asset located in Long Beach's East Village Arts District, a walkable, supply-constrained Downtown submarket supported by strong renter demand and proximity to employment, transit, and lifestyle amenities. The property features nine (9) studios and nine (9) one-bedroom/ one-bath units, an efficient unit mix aligned with market demand. Originally constructed in 1913, the building retains its historic exterior while offering fully renovated interiors throughout. Ownership has invested approximately $275,000 in capital improvements, including roof upgrades, renovated units, keyless entry, and exterior improvements. As a result, the property offers a stabilized, low-maintenance investment with minimal near-term capital needs. The property boasts a 98 Walk Score and 91 Bike Score, placing residents within walking distance of Downtown Long Beach's restaurants, retail, and entertainment. The East Village Arts District continues to benefit from stable occupancy and rental demand driven by its vibrant local business community and convenient access to the broader Downtown employment base. 235–237 Linden Avenue offers a clear path to value creation, currently priced at a 6.00% cap rate and 9.85 GRM with meaningful room to grow. Through the implementation of RUBS and the achievement of market rents, an investor can push the property to a 7.17% cap rate and 8.76 GRM—a 117-basis-point expansion in yield and more than a full point of GRM compression. This equates to $40,908 of additional annual NOI, a nearly 20% increase in cash flow with no change in basis.

235 Linden, Long Beach
$4,400,000
PW26170001 MLS ⋅ Active Status
445 E. 3rd Street is a 22-unit multifamily asset located in Long Beach’s East Village Arts District, a dense, walkable submarket within Downtown that continues to attract a steady base of renters driven by proximity to employment, transit, and lifestyle amenities. The property consists of (14) studio units and (8) 1BD/1BA, providing an efficient unit mix aligned with prevailing demand in the area. The seller has invested approximately $530,000 in capital improvements, including interior common areas (hallways, stairwells, keypads), unit interior renovations, new turf and landscaping on exteriors. All unit interiors are completely renovated with designer fixtures and finishes. Approximately $18,200 has been invested per studio unit renovation and ~$19,200 invested per 1BD/1BA renovation. 445 E. 3rd Street is priced at a 5.84% cap rate and 10.10 GRM in place, with clear embedded upside. As rents move to market and RUBS is implemented, the property stabilizes at a 6.82% cap rate and 9.12 GRM—a 98-basis-point expansion in yield and nearly a full point of GRM compression. That equates to $41,075 of additional annual NOI, a 16% increase in cash flow at no change in basis.

445 E 3rd, Long Beach
$4,800,000
PW26169956 MLS ⋅ Active Status
319 Elm Street is a 24-unit multifamily asset located in Long Beach’s East Village Arts District, a dense and walkable Downtown submarket known for its consistent renter demand and proximity to employment, transit, and lifestyle amenities. The property is comprised of eighteen (18) studio units and six (6) one-bedroom/one-bath units, offering an efficient small-unit mix aligned with the area’s tenant profile. Furthermore, ten (10) on-site parking spaces represent a rare, meaningful amenity in a submarket where parking remains constrained. The seller has invested over $900,000 in capital improvements, including comprehensive electrical upgrades throughout the building, unit renovations, keyless entry on all units, common area enhancements, and exterior improvements. The completion of these upgrades, combined with separately metered utilities, supports a more efficient and predictable operating profile with limited near-term capital requirements. 319 Elm Avenue is priced at a 6.42% cap rate and 10.06 GRM in place, with a clear runway to grow. As rents move to market and RUBS is implemented, the property stabilizes at a 7.28% cap rate and 9.20 GRM—an 86-basis-point expansion in yield and a full point of GRM compression. That translates to $44,075 of additional annual NOI, a 14% increase in cash flow at no change in basis.

319 Elm, Long Beach
$1,325,000
PW26171200 MLS ⋅ Active Status
We are pleased to present an exceptional Rose Park Multi-Family Investment Opportunity located in the highly desirable Rose Park neighborhood of Long Beach - 2123 E. 7th Street. Centrally located just blocks from the Pacific Ocean and the vibrant 4th Street dining and retail corridor, the property sits directly across the street from the renowned, Michelin-starred Heritage restaurant and newly developed $1 million condominiums. The expansive 6,058-square-foot oversized lot features three separate structures, comprising a large fourplex alongside two detached units. The asset offers a highly favorable unit mix consisting of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. Investors will benefit from major turnkey upgrades, including a new roof installed in 2020 and fully completed SB721 balcony compliance work. The property provides significant upside potential with straightforward value-add opportunities, including a potential garage conversion to an Accessory Dwelling Unit (ADU) and/or the addition of units built above the garages. Parking accommodations are also easily managed, featuring two single-car garages alongside convenient surface parking for tenants. *Property is located in an Opportunity Zone, which can provide preferential tax treatment for a buyer if they have capital gains to place. **2bedroom units are functionally two bedrooms and show as 1bedrooms on the tax roll. Buyer to verify.

2123 E 7th, Long Beach
$1,300,000
PW26168879 MLS ⋅ Active Under Contract Status
421 Rose Place is a recently renovated four-unit apartment property ideally located near Long Beach’s popular 4th Street and Retro Row district. The property features 4 spacious, identical 3-bedroom, 1-bathroom units, providing a highly desirable and consistent unit mix with strong rental demand. Each residence has been thoughtfully renovated and includes convenient in-unit washer and dryer hookups. All units also have their own individual water heaters, allowing for separate utility control and added convenience. Newer windows have been installed throughout the property. Major building systems have been updated, including the electrical and plumbing systems, along with a new silicone roof system. Additional exterior improvements include newer stucco and a black double-metal security gate with a separate pedestrian entrance, providing added privacy, curb appeal, and controlled access. The property also includes a two-car tandem parking space. Located just moments from Retro Row, residents enjoy convenient access to one of Long Beach’s most distinctive shopping, dining, and entertainment destinations. The neighborhood is known for its walkable atmosphere, locally owned boutiques, vintage shops, restaurants, cafés, art galleries, and nightlife, making it a highly desirable place to live. With its 4 spacious and identical 3-bedroom units, recent renovations, updated major systems, individual water heaters, improved exterior, and prime Long Beach location, 421 Rose Place presents a compelling investment opportunity with strong rental fundamentals and long-term value.

421 N Rose, Long Beach
$888,000
WS26165881 MLS ⋅ Active Status
This investment residence offers 1 two story building with 2 units upstairs and 2 units downstairs, all with 1 bedroom 1 bath. Good long time tenants. Close proximity to the beaches offers cooler temperture. Spacious paved rear parking accommodates open spaces for residents. Ideally located to many amenities such as public and private schools, California State University Long Beach (CSULB), Long Beach Airport, Country Clubs, long established businesses, shopping, hospitals, Civic Centers, public transportation, markets, and freeways allows ease of commuting to surrounding communities.

1354 E Wesley, Long Beach
$899,000
PW26164140 MLS ⋅ Active Status
Some properties simply offer space—this rare single-level duplex offers possibilities. Well maintained and thoughtfully designed, it presents a wonderful opportunity for multi-generational living, owner-occupancy with rental income, or a valuable addition to an investment portfolio. Each residence features 2 bedrooms, 2 bathrooms, separate utility meters, and a floor plan that balances privacy with everyday comfort. The front residence offers approximately 1,026 square feet of warm, inviting living space. Living room is spacious. The front bedroom features a wall of custom built-in wood cabinets, providing exceptional storage, while a well care for full bathroom is conveniently located next door. The generously sized second bedroom is a private ensuite complete with its own walk-in shower. The bright, airy kitchen offers abundant cabinetry and generous counter space, making everything from everyday meals to special celebrations a delight. A charming porch nestled between the two homes creates a peaceful setting to enjoy your morning coffee, greet neighbors, or simply relax and savor the fresh air. The back residence, approximately 841 square feet, offers the same thoughtful design with a spacious living room, two comfortable bedrooms, a well-maintained hallway full bathroom, and one bedroom with its own ensuite. The kitchen opens directly to the detached two-car garage and a generous backyard, creating an effortless connection between indoor comfort and outdoor enjoyment. A long private driveway leading to the detached two-car garage provides parking for at least four additional vehicles—an exceptional convenience for residents and guests alike. Ideally located just minutes from Bret Harte Elementary, Lindbergh Middle, Jordan High School, the 91 and 710 Freeways, and surrounded by shopping, dining, parks, and everyday conveniences, this versatile property is ready to fit your lifestyle. Whether you're bringing generations together under one address, living in one home while the other helps build your financial future, or expanding your real estate portfolio, this rare duplex offers more than a place to live—it offers the opportunity to create memories, build wealth, and enjoy lasting value. Welcome home!

5940 Gundry Avenue, Long Beach
$1,575,000
RS26165029 MLS ⋅ Active Status
Exceptional Long Beach income property generating $136,020. in current annual rents. Property features two residential buildings with four 2BR/1BA residences plus a spacious rear 2BR/2BA residence above the garages. There are 5 garages. 100% occupancy and strong existing income, with substantial value. ADU potential under current CA and Long Beach regulations. Excellent opportunity for an investor seeking immediate income with additional long term upside. Property shows as a 4 unit on tax records. Owner divided a 6 bedroom 2 bath unit into 2 - 2 bedroom 1 bath units without permits.

1043 Stanley Avenue, Long Beach
$2,348,000
PW26163436 MLS ⋅ Active Status
Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach
$1,900,000
PW26160947 MLS ⋅ Active Status
Great investment, excellent opportunity to own 4 unit in the heart of Long Beach, Poly High area. Excellent for the investor and maybe live in one and rent the others. One single family house plus a four plex. 4 garages. Walking distance to Long Beach Community College . Close to Signal Hill One mile from the beach. In the desirable Poly District by Poly High.

1780 Lewis, Long Beach
$920,000
2 Beds ⋅ 2 Baths ⋅ 26865245 MLS ⋅ Active Status
Fantastic **REO** opportunity in Wrigley neighborhood of Long Beach! Charming and well maintained single-story duplex on a desirable tree-lined street. 6461 sq ft corner lot with alley access. LBR1N Zoning. Bank-owned property being sold strictly AS-IS seller will make no repairs. Property is currently occupied. Do Not Disturb Occupants All showings are by appointment only. Presently all offers are subject to interior inspection. **NO OPEN HOUSES**. The historic Wrigley neighborhood is known for its tree-lined streets, classic California bungalows, and strong sense of community. Enjoy nearby local favorites like The Bake 'n Broil, Breakfast Bar and The Lobster Guys, or take a walk along the Wrigley Greenbelt trail. Close to shopping on Willow St and easy freeway access all in one of Long Beach's most walkable, historic neighborhoods Don't miss this one!

2690 Oregon Avenue, Long Beach
$1,425,000
SB26163180 MLS ⋅ Active Status
We are pleased to present 3822 E. 7th Street, a well-maintained 5-unit multifamily investment opportunity located in the Belmont Heights submarket of Long Beach. This 5,014 SF lot benefits from extremely efficient lot coverage as it features (2) separate structures, a large central courtyard, and a communal outdoor barbeque area in the rear. The front structure consists of (4) 1 Bed/1 Bath units. These spacious, nearly identical units span approximately 750 square feet each and showcase the classic character and charm associated with vintage Belmont Heights apartments. The rear structure features (1) fully remodeled 2 Bed/1 Bath unit upstairs with approximately 950 SF of living area, which includes a master bedroom and walk in closet. Downstairs, there are (3) garages (one of which is currently being used for owner storage), and an on-site laundry room with leased units. Overall, the property has been meticulously maintained by ownership and features copper plumbing throughout with a consistently maintained main sewer line, exceptional unit interiors, and a recently inspected roof found to be in excellent condition. Priced at a 5.66% CAP rate and 11.66 GRM on current in-place income, with upside to an achievable 8.25% Market CAP rate and 8.85 Market GRM, this offering provides investors with strong day-one cash flow with compelling value-add components on multiple fronts. First, the 33% rent upside is compounded by the building’s extremely efficient expense profile as owner-paid utility expenses have historically remained very low. Further, the prudent investor can increase NOI by transitioning to owner-operated laundry equipment and monetizing the garage currently used for owner storage. In addition, the configuration of the rear structure offers significant ADU appeal (buyer to verify). Lastly, this Belmont Heights location boasts a Walk Score of 92 (“Walker’s Paradise”) and is located near excellent schools, including Woodrow Wilson High School a mere half mile away. In addition, the property’s proximity to the Traffic Circle provides convenient access to the major economic and employment hubs of Los Angeles and Orange counties, supporting consistent tenant demand in this strong infill location

3822 E 7th Street, Long Beach
$2,200,000
PV26161685 MLS ⋅ Active Status
Well-maintained quadruplex in one of Long Beach's most desirable locations, just walking distance to the famous 4th Street Corridor, known as Retro Row. This vibrant neighborhood offers independent coffeehouses, unique shops, restaurants, local theater, parks, schools and grocery stores — and best of all, the beach is only a few blocks away. This property features 4 spacious units. Two units offer 3 bedrooms and 2 baths with approximately 1,550 sqft and in-unit laundry hookups. The other two units offer 2 bedrooms and 1.5 baths with approximately 1,075 sqft. Three of the four units (Units 1, 2 and 4) were fully remodeled just two years ago with new kitchens, new bathrooms, new flooring and fresh paint. All units are in excellent condition, and the property has been carefully maintained — units rent quickly with strong tenant demand. Parking includes two 2-car garages and one single-car garage. On-site laundry provides additional income. With solid current rents and continued upside potential, 380 Temple Ave is an excellent choice for an owner-user or any investor, from beginner to veteran, seeking a turnkey income property in a location that never goes out of style.

380 Temple Avenue, Long Beach
$3,075,000
14 Beds ⋅ 14 Baths ⋅ 26864283 MLS ⋅ Active Status
$100,000 Price Reduction | Actual 6.48% Cap Rate | This 14-unit apartment building is located in an established residential neighborhood in Long Beach. Built in 1930, the property showcases classic Spanish style architecture, with a consistent unit mix of 14 one-bedroom, one-bathroom apartments averaging 692 square feet each. The property features a sun deck, patio areas and anapproximate 3,500 square feet landscaped backyard with artificial turf and mature trees. This space offers excellent development optionality, allowing buyers to streamline expansion via Long Beach's Pre Approved ADU Plans Program (AB 1332) or leverage recent state legislation (SB 1211) for additional density upside, subject to city approval. Combined with gated semi-subterranean parking and recent infrastructure updates including new windows and updated water heaters the property delivers stable in-place performance alongside a clear pathway to future value-add development.

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

753 Cerritos Avenue, Long Beach
$1,585,000
PW26158162 MLS ⋅ Active Status
Truly a one-of-a-kind "unicorn" property! Tucked away in the highly sought-after neighborhood of Alamitos Heights—an area almost exclusively made up of single-family homes—lies a rare residential income gem. Whether you’re looking to house-hack by living in one unit and renting out the other two, or aiming to add a high-demand income producer to your portfolio, the potential here is endless. Enjoy the quiet charm of a premier Long Beach neighborhood while capitalizing on a multi-family investment that virtually never hits this market! The triplex features two spacious 2-bedroom/1-bathroom units (upper and lower, each with in-unit laundry) plus a separate 1-bedroom/1-bathroom upper unit. Gas and electric are separately metered for all three residences. Outside, enjoy a lovely shared backyard and private patio space. Addresses include 764, 766, and 770 Terraine. All units are currently occupied -- PLEASE DO NOT DISTURB OCCUPANTS!

764 Terraine Avenue, Long Beach
$6,900,000
8 Beds ⋅ 30 Baths ⋅ 26860795 MLS ⋅ Active Status
PRICED TO SELL - 9.1 GRM and 7.6% CAP at market rents. 30 units in 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 with 16 onsite underground parking spaces (all are single spaces). 25 units were updated in the past 5 years and taken down to the studs - all new kitchen cabinets, counter tops, updated bathrooms, flooring and windows. 6 units have W/D's in them. The common areas and exterior were also redone. The Seller has spent over $2MM in CAP EX. The property features 30 legal units and 1 non-conforming 1 bed unit (401). The non-conforming unit can likely be legalized under the Long Beach Amnesty Program - Buyer to verify. The property has an 87 Walkscore. It has a 200 AMP main panel and 50 AMP subpanels - Buyer to verify. There is onsite laundry in the basement and 6 units have W/D in them as well. Based on area rental comps, there is approximately 14% rental upside, allowing an owner to achieve a 9.35 GRM and 7.4% CAP once rents are leveled to market. Excellent lender financing is available for qualified Buyers- 5.85% 5-year fixed debt. Earn over an 6% Cash on Cash Return against in place rents with upside to a 10%+ return at 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.

1152 E 1st Street, Long Beach
$1,000,000
IN26156931 MLS ⋅ Active Status
Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

1136 E Alhambra Court, Long Beach
$27,995,000
SR26157524 MLS ⋅ Active Status
The Linden Plaza Apartments is a well maintained 93-unit community located in the Bixby Knolls area of Long Beach. Built in 1973, the community offers residents covered parking, swimming pool, storage, elevator, gym, putting green, and a barbecue and sitting area. The units are one-bedroom one-bathroom and two-bedroom and one-bathroom and range in size from 617 square feet up to 994 square feet. The property is conveniently located near the 405 and 710 Freeways, the Long Beach Airport, Memorial Medical Center, Downtown Long Beach, etc.

3415 Linden, Long Beach
$1,465,000
4 Beds ⋅ 4 Baths ⋅ 26861363 MLS ⋅ Active Status
Experience a premier turnkey investment in the heart of Bixby Knolls. Following an extensive 2022 transformation, the property features high-end modern upgrades and designer finishes throughout, offering a sophisticated, low-maintenance asset for any portfolio. The flagship residence is an expansive two-story, townhouse-style unit featuring two bedrooms, and two bathrooms. The interior shines with stylish new flooring, custom cabinetry, and sleek countertops. The thoughtful layout includes a versatile downstairs den and seamless access to a large private patio and deck. This unit also includes its own private garage and in-unit laundry hookups. The front one-bedroom, one-bathroom unit has been equally updated with a keen eye for detail, ensuring high appeal. Each unit enjoys the rare luxury of its own private patio, a standout feature for tenants. Spanning a total of 3,330 square feet of total living space, this oversized triplex is perfectly positioned near the boutique shops and vibrant dining scene that define the Bixby Knolls lifestyle. A rare find for those seeking quality and style in a prime location.

1610 E Carson Street, Long Beach
$999,800
PW26156588 MLS ⋅ Active Status
Beautifully Updated Belmont Heights Duplex Located in the highly desirable Belmont Heights neighborhood, just minutes from Belmont Shore, this beautifully updated duplex offers two spacious 1-bedroom, 1-bathroom units, each featuring a large open floor plan designed for comfortable living. Both units have been tastefully remodeled with new kitchen cabinetry, modern countertops, newer gas appliances, and luxury vinyl flooring. Freshly painted interiors and a newly painted exterior provide a clean, contemporary look, making this property truly move-in ready. A garage adds convenience and additional storage. Ideally situated near the vibrant shops, restaurants, and cafés along 2nd Street in Belmont Shore, the property also offers easy access to the 405, 605, and 22 freeways. Outdoor enthusiasts will appreciate its proximity to Recreation Park, featuring golf, tennis, and playgrounds, as well as the scenic Colorado Lagoon with its walking trails and recreational opportunities. Whether you're looking for an owner-occupied duplex or an excellent investment opportunity, this turnkey property combines modern updates with one of Long Beach's most sought-after coastal locations.

3728 E Colorado, Long Beach

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