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

Multi Family Home for sale in North Long Beach, CA:

Invest in north Long Beach and own this updated 16-unit apartment community. Composed of a desirable unit mix of all 2-bed, 1-bath units across two buildings with a courtyard in between, this property boasts a scheduled CAP rate of 5.05% at 100% occupancy, and significant rent upside. Two units are vacant and ready for market-rent tenants, and all existing tenants are on month-to-month leases. Five of the 16 units are newly renovated (2024) with updated plumbing, paint, flooring and kitchen finishes. Two of these five units also feature upgraded bathrooms and lighting throughout. More 2024 building updates include all new electrical panels (main and subs), and new water

Multi Family Home for sale in North Long Beach, CA:

12-unit project cash flowing at an amazing 8% Cap Rate and 8.5 GRM after taking into account all remaining construction costs! Priced at only 266k/door in the heart of Long Beach, it offers not only 6 fully renovated residential units upstairs but also 4 retail spaces (with RTI plans under construction to convert to 4 residential units) + nearly RTI plans to convert the attached garages into 2 attached (1bed/1bath) ADUs. The 6 residential units (100% occupied) have been already fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. Additionally, each unit is individually metered for gas and electricity. The large 9,180 SFlot

Multi Family Home for sale in North Long Beach, CA:

725 E Artesia is a mixed use property in North Long Beach. Highlighted by 5 Apartment units and 1 Commercial space, this building is operating at an 8.27% Cap rate and $226/SF. The unit mix is comprised of (2) 3 Bed/1 Bath, (1) 2 Bed/1 Bath, (2) 1 Bed/1 Bath and (1) Commercial Space. The property was built in 1960 and is in a rapidly growing Long Beach Market

Multi Family Home for sale in North Long Beach, CA:

This is hard-to-find investment opportunity, fully rented on all 4 Units, with a spacious front unit of 3 bedroom/1.5 bathroom(1,424 sf), followed by 3 newer units build in 1990 featured, 2(2 story, 2 bedroom/2.5 bathroom) and an over the garage 2 bedroom/2 bathroom(total 2,834 sf), all unit has it own laundry room. 3 double car garage. New exterior paint, new roof in 2018, Termite fully tented in 2023. Tenants pay all utilities including trash, owner pay for water only. Great investment or perfect for owner occupied and good rental income. Tenants are not aware of sale, please drive By, and Contact listing agent for a complete details.

Multi Family Home for sale in North Long Beach, CA:

Great opportunity to own a fourplex in North Long Beach! Each unit has one bedroom, one bathroom, a spacious living room, and a good-sized kitchen, along with a large lot and a detached car garage. One unit has been recently remodeled, boasting modern updates. This property is conveniently located near Adams Elementary School, freeways, stores, and parks. A must-see!!

Multi Family Home for sale in North Long Beach, CA:

Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.

Multi Family Home for sale in North Long Beach, CA:

Very spacious and well maintained units. Large owners unit and duplex. One 3 bed, 2 bath unit and two 2 bed, 1 bath units with 5 garage spaces and laundry room. Each garage has a large storage space in the back. Great rental income. Perfect for owner occupant/ investor!!!

Multi Family Home for sale in North Long Beach, CA:

Great opportunity for first-time investors, savvy investors, and not to forget buyers who are looking to offset their mortgage with rental income. This income producing property includes 4 total units consisting of 3 one-bedroom | one-bath units and 1 two-story, two-bedroom | one and a half-bath unit. There are also approved plans and permits for an ADU to be built inside one of the garages that could add an estimated additional $20K of annual income. Some construction has already been done. Property also features a laundry room, separate gas electric meters, and parking. Property has a tremendous amount of upside.

Multi Family Home for sale in North Long Beach, CA:

Good investment opportunity for a 4 unit complex. Property has a 3BR 2 BA downstairs unit that can be utilized as an owner's unit. Upstairs units are; two 2BR 1BA units and a 1BR 1BA unit. Each unit has assigned garage for parking and there is an additional garage for parking or a storage area (a total of 5 garages). Complex also has a coin operated laundry room for tenant use. Property is very well maintained and is located in a quiet area that is close to freeways and public transportation.