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DeForest Park Multifamily Homes & Duplexes for Sale

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  • /24

    $749,000

    • 4 Beds
    • 2 Baths
    • 1,340 Sq Ft

    325 E 59th St, Long Beach, CA 90805

    This versatile duplex in the heart of Long Beach offers an excellent opportunity for investors. Each unit features 2 spacious bedrooms and 1 full bathroom, along with individual 1-car garages, they each have private washer/dryer hookups, providing privacy and independence for each household. Recent upgrades include updated plumbing within the last 5 years and a brand-new water heater installed in

    Alberto Sanchez Century 21 A Better Service

    325 E 59th St, Long Beach, CA 90805
  • /6

    $2,795,000

    • 1 Bed
    • 1 Bath
    • 10,194 Sq Ft

    541 E 64th St, Long Beach, CA 90805

    **Excellent North Long Beach Location Across From Jordan High School & Houghton Park****Priced at $174,687/Unit & $274.18/SF****9.68 GRM & 7.1% Cap Rate on Current Income****7.64 GRM & 9.8% Cap Rate on Market Rents****First Time on the Market in Decades**----The 64th Street Apartments offer an investor the opportunity to acquire 16 units in the strong rental market of

    Doug Rodermund Morgan Skenderian

    541 E 64th St, Long Beach, CA 90805
  • /7

    $2,795,000

    • 3 Beds
    • 3 Baths
    • 10,212 Sq Ft

    560 E Adams St, Long Beach, CA 90805

    **Mix of Studio, 1 & 2-Bedroom Units****Priced at $174,688/Unit & $273.70/SF****7.66 GRM & 9.7% Cap Rate on Market Rents****Excellent North Long Beach Location Across From Jordan High School & Houghton Park****Pride of Ownership Property**----560 E. Adams Street offers an investor the opportunity to acquire 16 units in the strong rental market of North Long Beach. The

    Doug Rodermund Morgan Skenderian

    560 E Adams St, Long Beach, CA 90805
  • /7

    $2,840,000

    • 1 Bed
    • 1 Bath
    • 10,310 Sq Ft

    555 E Adams St, Long Beach, CA 90805

    **Pride of Ownership Community Across From Jordan High School & Houghton Park****Priced at $177,500/Unit & $275.46/SF****9.55 GRM & 7.1% Cap Rate on Current Income****7.74 GRM & 9.5% Cap Rate on Market Rents****Easy Upside in Rental Income for a New Owner**----555 E. Adams Street offers an investor the opportunity to acquire 16 units in the strong rental market of North

    Doug Rodermund Morgan Skenderian

    555 E Adams St, Long Beach, CA 90805
  • /6

    $2,795,000

    • 1 Bed
    • 1 Bath
    • 10,310 Sq Ft

    540 E Adams St, Long Beach, CA 90805

    **Pride of Ownership Community Across From Jordan High School & Houghton Park****Priced at $174,688/Unit & $271.10/SF****9.32 GRM & 7.3% Cap Rate on Current Income****7.61 GRM & 9.7% Cap Rate on Market Rents****Easy Upside in Rental Income for a New Owner**----540 E. Adams Street offers an investor the opportunity to acquire 16 units in the strong rental market of North

    Doug Rodermund Morgan Skenderian

    540 E Adams St, Long Beach, CA 90805
  • /8

    $4,695,000

    • 3 Beds
    • 2 Baths
    • 17,520 Sq Ft

    520 E Adams St, Long Beach, CA 90805

    **Excellent Unit Mix of 1 & 2-Bedroom Units****Priced at $184,615/Unit & $273/SF****10.42 GRM & 6.5% Cap Rate on Current Income****7.94 GRM & 9.4% Cap Rate on Market Rents****Easy Upside in Rental Income for a New Owner****Ideal Rental Location on Residential Street in North Long Beach**----520 E. Adams Street offers an investor the opportunity to acquire 26 units in

    Doug Rodermund Morgan Skenderian

    520 E Adams St, Long Beach, CA 90805
  • /21

    $3,990,000

    • 20 Beds
    • 10 Baths
    • 9,840 Sq Ft

    477 E South St, Long Beach, CA 90805

    Invest in Long Beach near Bixby Knolls 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 5.58% at 100% occupancy. One unit is currently vacant. Fourteen of 15 existing leases are month-to-month. Five of the 16 units are newly renovated (2024)

    Jeff Kim eXp Realty of California, Inc.

    477 E South St, Long Beach, CA 90805

Why Live in DeForest Park

DeForest Park in Long Beach is a suburban neighborhood characterized by modest ranch-style homes and bungalows on palm-shaded streets. The area is known for its quiet, well-kept community atmosphere, making it appealing for families. Single-family homes range from $500,000 to $800,000, while new condos are being developed, priced between $700,000 and $880,000. The neighborhood features a fifty-acre park along the Los Angeles River, offering pickleball and volleyball courts, a playground, and a softball field. Nature trails through the park's wetlands provide a habitat for local wildlife, and the park hosts events such as a chili cook-off and Earth Day celebrations. Despite its suburban nature, DeForest Park has a few dining options along Atlantic Avenue, including Orange Teriyaki Restaurant, La Casa De La Baleada, and El Pollo Imperial. For quick meals, residents frequent McDonald’s and La Taqueria Brand, with Big Saver Foods located a couple of miles east for grocery needs. The neighborhood is conveniently close to the Artesia Freeway and Interstate 710, making it ideal for commuters, though walking and biking are less common. Long Beach Airport is just six miles south, providing easy access for travelers.

Home Trends in DeForest Park, CA

Housing Trends

Median Sale Price
$570,000
Median Single Family Sale Price
$570,000
Median 2 Bedroom Sale Price
$207,500
Median 1 Bedroom Sale Price
$699,000
Average Price Per Sq Ft
$289
Number of Homes for Sale
6
Last 12 months Home Sales
32
Months of Supply
2.30
Median List Price
$599,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
27%
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