Multi Family homes for sale & real estate in Long Beach, CA

Multi Family Home for sale in Long Beach, CA:

721 E. 7th Street is an 16-unit apartment asset located in the East Village Arts District neighborhood of Downtown Long Beach. The property is offered at 8.87 GRM and 6.88% cap rate on current rents. The building in the front of the property was built in 1923, and offers (3) 2BD/1BA units, (8) 1BD/1BA units and (5) studio units. Fifteen (15) of the units have been upgraded with new flooring, paint and modern kitchens and baths. Building improvements include upgraded electrical throughout property. There is ample room to add community laundry facilities in the basement of building. With a Walk Score of 92, the property is in prime East Village Arts District, offering walkability to myriad of

Multi Family Home for sale in Long Beach, CA:

Welcome to 1843 and 1849 Cerritos Avenue, a charming duplex located in Long Beach, California. The front unit features 3 bedrooms and 2 bathrooms with 1184sqft of living space, and the 2 bedroom 1 bath is 680 sqft, providing ample space for comfortable living. The back unit which is the 2 bedrooms - 1 bathroom, perfect for additional rental income or multi-generational living, also has its own separate yard and separate laundry area. This property is in excellent condition. The home boosts a large bonus workshop attached to the garage with a half bath. All dwellings are separate, no common walls. Home has newer roof, new water heater, newer copper plumbing, newer electrical and new drywall.

Multi Family Home for sale in Long Beach, CA:

INVESTMENT OPPORTUNITY! Property to be delivered vacant with RTI ADU plans! Zoned LBCNR, 2703-2705 E. 7th St. is a versatile duplex located in the highly sought-after 7th Street district of Rose Park/Circle in Long Beach. Situated on a prime corner lot, this property offers endless possibilities for an owner/user, investors, developers, or business owners. With a mix of commercial and residential zoning, the property allows for various potential uses - buyer to verify. The sale includes RTI (Ready-to-Issue) plans for an ADU, allowing for the option to expand to three units. Buyers can maintain the current configuration or complete the ADU project to maximize rental income. Each existing uni

Multi Family Home for sale in Long Beach, CA:

PRICED REDUCED AND READY TO SELL. 9.5 GRM on current rents with upside to 9 GRM and 7.3% CAP. 7 units in Long Beach NOT subject to local rent control - AB 1482 Only (5% + CPI max increase). All units are 2+1's. 4 garages in the front - potential ADU opportunity - Buyer to verify. Property is professionally managed and well-maintained. Laminate flooring, updated kitchens. On-site laundry as well. Seller just spent over $20K updating unit 7 - new cabinets, flooring, etc. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. Qualified Buyers can put as little as 25% down. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.