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Central Multifamily Homes & Duplexes for Sale

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  • /10

    $1,849,000

    • 6 Beds
    • 7 Baths
    • 4,680 Sq Ft

    1445 Elm Ave, Long Beach, CA 90813

    1445 Elm is a seven-unit investment opportunity located in Long Beach, California. The property consists of four separate structures on a 7,476 square foot lot. Built in 1905, it includes (2) studios, (1) two-bedroom one-bath unit, and (4) one-bedroom one-bath units. The asset is well-managed, with most units at or near market rent. New ownership has the opportunity to capture remaining loss to

    Douglas Steinriede Dover Management Corp.

    1445 Elm Ave, Long Beach, CA 90813
  • /10

    $1,800,000

    • 1 Bed
    • 2 Baths
    • 5,270 Sq Ft

    426 E 17th St, Long Beach, CA 90813

    426 E. 17th Street is a well-maintained bungalow-style apartment property located in the heart of Long Beach with (9) units plus (1) non-conforming unit. Priced at a 6.44%cap rate and 9.91 GRM based on current rents, the asset offers strong in-place income with additional upside.The property consists of (4) 1-bed/1-bath units (includes one non-conforming unit), (4) studio units, and two newly

    Robert Stepp Keller Williams Realty Downey

    426 E 17th St, Long Beach, CA 90813
  • /3

    $1,750,000

    • 11 Beds
    • 6 Baths
    • 5,016 Sq Ft

    1224 E 17th St, Long Beach, CA 90813

    HUGE PRICE REDUCTION! Great opportunity to own a great income producing 5-units investment property in the center of Long Beach, CA! Tax record shows as 4 units but currently has 5 units. This 2 building property sits on a huge 7,790 SF lot and 5,016 SF living area. Property has (4) 2 bedrooms/1baths units and a separate (1) 3 bedroom/2 baths fully remodeled unit in the back above 6 garages. All

    Sophea Pel RE/MAX College Park Realty

    1224 E 17th St, Long Beach, CA 90813
  • /19

    $2,100,000

    • 15 Beds
    • 8 Baths
    • 6,074 Sq Ft

    1720 Cerritos Ave Unit 1, Long Beach, CA 90813

    Current 7.00% Cap Rate and 10.20 GRM! Meticulouslyremodeled with high-end finishes. Come see thisbeautiful 7 unit building with best unit mix you can askfor. 1720 Cerritos is comprised of (6) 2Bed+1Bath and(1) 3Bed+1.5Bath units. Two units are currently vacantand there is an opportunity to add significant value bybuilding out (2) Studio+1Bath ADUs. Adding the ADUswould generate an extra

    Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

    1720 Cerritos Ave Unit 1, Long Beach, CA 90813
  • /15

    $2,190,000

    • 16 Beds
    • 8 Baths
    • 6,960 Sq Ft

    1512 N Stanton Place, Long Beach, CA 90804

    There are 8 units total consist of 6 units building with 2 bedroom and 1 bathroom each built around 1990 per assessor and 2 houses in the rear 1 is 3 bedrooms and 1 bath house and a 1 bedroom and 1 bath house both older built.

    Steve Vong First American Team Realty Inc

    1512 N Stanton Place, Long Beach, CA 90804
  • /2

    $700,000

    • 3 Beds
    • 2 Baths
    • 1,485 Sq Ft

    402 E 16th St, Long Beach, CA 90813

    - This duplex has two2 bedrooms & 1 bath each unit- Sold “As is” condition- Needs a little TLC but is pricedaccordingly- Separate electric: 2- Gas meters: 2- Water meters: 1

    Donghyun Kim New Star Realty & Investment

    402 E 16th St, Long Beach, CA 90813
  • /7

    $875,000

    • 5 Beds
    • 1,256 Sq Ft

    1125 E 17th St, Long Beach, CA 90813

    John Liu JC Pacific Corp

    1125 E 17th St, Long Beach, CA 90813

Why Live in Central

Long Beach’s Central neighborhood, often referred to as the Central Area, is a densely populated residential neighborhood located just north of Downtown. Bounded by the Pacific Coast Highway to the north and centered around historic Long Beach Polytechnic High, one of the largest high schools in the state, the neighborhood has played an integral role in Long Beach's history. “It’s a good place to get started in Long Beach real estate,” says Realtor Jack Nendel of Re/Max College Park Realty, who has worked in the area for over three decades. “The buy-in is a bit lower, but you’re still close to Downtown, and you have an easy route to the 710 if you need to commute.” Central’s residential market is made up of a diverse assortment of housing styles. Early-20th-century bungalows are common, as are midcentury apartment buildings and more modern condo complexes. There are also a fair number of historic 2-story homes in the neighborhood, though most of these have been converted to multi-unit properties. Condos in Central usually sell for $500,000 to $700,000, while single-family homes generally list for $700,000 to $1 million. Multi-unit properties also regularly go up for sale in the

Home Trends in Central, CA

Housing Trends

Median Sale Price
$640,000
Median Single Family Sale Price
$726,000
Median Townhouse Sale Price
$970,000
Median 2 Bedroom Sale Price
$439,999
Median 1 Bedroom Sale Price
$499,000
Average Price Per Sq Ft
$510
Number of Homes for Sale
8
Last 12 months Home Sales
17
Months of Supply
5.60
Median List Price
$675,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
19%
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