Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities in
$3,000,000
17 beds17 baths8,245 sq ft
Downtown long beach • Multifamily property • Newer appliances
Breath taking Virws , restored 9th floor, 1-bedroom, 1-bathroom end-unit in the gorgeous art Deco Lafayette building in east Village Art District. Ocean views from all windows, including bathroom window. Walk to the great small restaurants and boutiques around this amazing neighborhood. Only a neighbor on one side. This 1-bedroom condo was restored with beautiful countertop and sink. The orientation of the unit is Southeast, so you have views of the ocean, Signal Hill and everywhere in between. Fresh paint throughout, with beautiful original tile from 1928 in the bathroom. This unit is currently designated as a historic unit and has currently has the property tax benefit that comes with th
$475,000
1 bed1 bath539 sq ft
Historic unit • Original tile • Property tax benefit
Welcome to 1416 Orange Avenue. This is a single family home with a large attached ADU: The front unit feature a 2 bedrooms and 1 bathrooms plus a bonus room, it has its own front yard. The middle unit features a spacious 3 bedrooms and 4 bathrooms, has their own master bed and bath room, almost like brand home, newly build in 2008. The side unit feature a 1 bedrooms and 1 bathroom, perfect for additional rental incomes. It almost likes having a duplex income generating unit. The unit has long drive way for plenty of parking. Located in the heart of Long Beach, fifteen minutes drive to the beach. Summary: Front unit: 2 bedroom/1 bath + bonus room==Middle unit: 3 bedroom/ 4 baths ==Sid
$50,000 price reduction - now offered at a 6.40% current cap rate. 1036 Saint Louis Ave is a 9-unit Eastside Long Beach apartment property featuring an attractive large-unit mix of (1) 3BD/2BA, (6) 2BD/1BA, and (2) 1BD/1BA units. The asset offers strong in-place income with approximately 13% remaining rental upside and a projected 7.60% pro forma cap rate through continued interior renovations and garage income optimization. The property has benefited from approximately $129,000 in recent capital improvements, including a new 400A main electrical panel, partial main sewer line replacement, SB 721 balcony compliance/repairs, roof repairs, and three completed unit renovations. Additional feat
Priced to sell - 9.5 GRM and 6.4% CAP. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. 19 units located blocks from Downtown Long Beach in the Historic District. All units were completely redone in 2018/2019 and are beautifully remodeled. The interior hallways were redone as well and the Seller spent over $400K on CAP EX. New Water Heater in 2023 and over 100 feet of sewer line replaced. No work remains to be done. The building is a two-story walkup with no onsite parking, however, there are parking structures within blocks that tenants can rent from. The building also features onsite laundry in the basement. The building offers an excellent unit mix of Studio, 1 and 2 bed units.