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Long Beach, CA Multifamily Homes & Duplexes for Sale

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  • /22

    $1,998,000

    • 7 Beds
    • 3 Baths
    • 3,012 Sq Ft

    179 Saint Joseph Ave, Long Beach, CA 90803

    Welcome to this stunning Spanish-style tri-plex in the coveted Belmont Shore neighborhood, perfectly blending classic charm with modern updates. This turnkey property is an exceptional investment opportunity, currently generating high market rent and located in a prime location off 2nd Street. Each unit offers a unique and inviting living space, featuring beautiful Spanish architecture paired

    Agent Photo

    Candice Blair

    Coldwell Banker Realty

    (946) 466-0620

    179 Saint Joseph Ave, Long Beach, CA 90803
  • /11

    $1,150,000

    • 8 Beds
    • 1 Bath
    • 3,372 Sq Ft

    324 W 9th St, Long Beach, CA 90813

    Located in the heart of Long Beach's sought-after Willmore District, this classic brick 4-plex offers timeless charm and solid investment potential. Each of the four units features 2 bedrooms and 1 bathroom, providing spacious and functional layouts ideal for tenants or owner occupied seeking comfort and convenience. Each unit also has their own laundry with washer and dryer hook ups.The property

    Agent Photo

    Harold Betts

    The RECollective

    (562) 456-3170

    324 W 9th St, Long Beach, CA 90813
  • /55

    $1,499,950

    • 4 Beds
    • 2 Baths
    • 1,794 Sq Ft

    2221 Granada Ave, Long Beach, CA 90815

    Beautiful Duplex in great area, close to shopping, transportation, Cal State, City College. Front unit has hardwood floors, dining ell, beautiful kitchen with Quartz countertops, All appliances, Laundry cubby with Washer/Dryer. Back kitchen door leads to a small storage shed for your bikes and camping stuff, and then opens to a huge side Patio, complete with faux grass (no maintenance, just

    Connie Wildasinn

    WGroup Realtors

    (562) 207-5304

    2221 Granada Ave, Long Beach, CA 90815
  • /35

    $1,625,000

    • 4 Beds
    • 2 Baths
    • 2,745 Sq Ft

    132 Saint Joseph Ave, Long Beach, CA 90803

    Welcome to 132 and 134 St Joseph Ave, a timeless treasure in the heart of the highly coveted Belmont Shore neighborhood in Long Beach! This enchanting Spanish-style duplex invites you to experience a blend of classic elegance and beach living. Both units share a similar layout, featuring two bedrooms and one bathroom, complemented by a generously sized living room that offer a cozy

    Andrew Yonce Silver Platter Realty, Inc.

    132 Saint Joseph Ave, Long Beach, CA 90803
  • /25

    $1,250,000

    • 3 Beds
    • 3 Baths
    • 1,533 Sq Ft

    602 Stanley Ave, Long Beach, CA 90814

    Charming Rose Park South Duplex | Renovated Owner’s Unit + Income Potential!Prime opportunity in the heart of the highly desirable Rose Park South Historic District! This beautifully updated corner-lot duplex features a fully renovated owner’s unit and a tenant-occupied back unit, making it ideal for house hacking or adding to your investment portfolio.The rear unit is tenant-occupied

    Heidi Bailey Keller Williams Coastal Prop.

    602 Stanley Ave, Long Beach, CA 90814
  • /27

    $1,150,000

    • 9 Beds
    • 5 Baths
    • 3,140 Sq Ft

    1509 E 20th St, Long Beach, CA 90806

    4-PLEX RECENTLY RENOVATED 3 OF THE 4 UNITS. TONS OF POTENTIAL TO MAKE THIS PROPERTY CASH FLOW FROM DAY 1. FRONT 4 BEDROOM / 2 BATHROOM HOUSE AND THEN 2ND SEPARATE CONSISTING OF 3 UNITS. 2- 2 BEDROOM/1 BATHROOM AND 1- 1 BEDROOM/1 BATHROOM. BUILDING SIDE BY SIDE. ALL 4 UNITS SEPARATELY METERED FOR GAS AND ELECTRIC. 3 GARAGES IN BACK AND UP TO 6 CARS IN THE FRONT! TONS OF PARKING. GREAT RENTAL

    Kristina Moore The Moore Group

    1509 E 20th St, Long Beach, CA 90806
  • /17

    $2,200,000

    • 16 Beds
    • 9 Baths
    • 7,122 Sq Ft

    1004 E 5th St, Long Beach, CA 90802

    Located in the downtown area. Property has newer roof, six units have been refurbished, new electric circuit breakers, the upstairs pathway balcony deck are in great shape. The complex is near the beach, restaurants, shops, public transportation, bike paths, and central downtown. The complex has 4 car garages and one storage garage. plus, the complex is gated. Pictures show units 4, 5 and 7.

    Jack Bliss J & P Realty

    1004 E 5th St, Long Beach, CA 90802
  • /4

    $1,249,000

    • 5 Beds
    • 3 Baths
    • 1,981 Sq Ft

    620 Pacific Ave Unit 3, Long Beach, CA 90802

    620 PACIFIC AVE. IS CURRENTLY RENTED AS A TRANSITIONAL LIVING HOME. ALL UNITS CAN BE DELIVERED VACANT. MIXED USE ZONING. FRONT UNIT COULD BE A COMMERICAL OFFICE.

    PEGGY FRENCH Peggy French, Broker

    620 Pacific Ave Unit 3, Long Beach, CA 90802
  • /26

    $1,525,000

    • 4 Beds
    • 3 Baths
    • 2,275 Sq Ft

    120 Granada Ave, Long Beach, CA 90803

    LOWEST PRICED BEACH TRIPLEX FROM OC TO LA!! Well-Maintained and professionally managed Belmont Shore triplex perfectly located between the beach and 2nd St. 100% occupied with great tenants all on 1-year leases. Property consists of two 1BR units downstairs with two single-car garages in the rear. Laundry hookups in one garage. Upstairs is a large 2BR unit with large outdoor deck off the

    Randy Smith smithREgroup

    120 Granada Ave, Long Beach, CA 90803
  • /24

    $1,690,000

    • 6 Beds
    • 4 Baths
    • 2,875 Sq Ft

    1242 E 7th St, Long Beach, CA 90813

    Located at 1242 E 7th St., Long Beach, CA, this turnkey 4-unit property offers a prime investment or owner-user opportunity in a vibrant, centrally located neighborhood. The property sits on a 8,000 sq. ft. lot and features a 2,875 sq. ft. building, delivering a mix of spacious and stylishly remodeled units.The property includes one three-bedroom unit (~ 775 sq. ft.), two two-bedroom units

    Stelios Zoumberakis Keller Williams Coastal Prop.

    1242 E 7th St, Long Beach, CA 90813
  • /8

    $1,570,000

    • 14 Beds
    • 7 Baths
    • 5,283 Sq Ft

    2216 W Wardlow Rd, Long Beach, CA 90810

    PRICED REDUCED. 9.8 GRM on current rents with upside to 9.3 GRM and 7.0% 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

    Jon Swire The Agency

    2216 W Wardlow Rd, Long Beach, CA 90810
  • /54

    $1,295,000

    • 6 Beds
    • 4 Baths
    • 1,800 Sq Ft

    776 Stanley Ave, Long Beach, CA 90804

    Three Charming Detached Homes in the Prime Rose Hill Historic Area of Long Beach! A Peaceful Residential Vibe! Perfect Owner User Setup With Rental Upside! Whether You’re An Owner-User Dreaming Of Offsetting Your Mortgage Or An Investor Looking For Strong Rental Income, This Property Checks All The Boxes! Location, Charm, And Opportunity! The Front Home Is A Classic and Spacious 3 Bedroom, 2

    Dave Chamberlain Team Chamberlain Realty Exe.

    776 Stanley Ave, Long Beach, CA 90804
  • /17

    $799,000

    • 4 Beds
    • 2 Baths
    • 1,175 Sq Ft

    521 Olive Ave, Long Beach, CA 90802

    Welcome to 521 Olive Avenue in Long Beach's East Arts Village neighborhood. This charming, Craftsman-style Duplex consists of a 2 bedroom, 2 bath front house and a spacious studio unit in the back. The front house maintains original charm but has also been updated with modern-day amenities. The original hardwood floors and the coffered ceilings add an ornate touch. The front house was updated

    Luke Maggio West Shores Realty, Inc.

    521 Olive Ave, Long Beach, CA 90802
  • /9

    $1,099,000

    • 7 Beds
    • 4 Baths
    • 3,115 Sq Ft

    6001 California Ave, Long Beach, CA 90805

    Triplex. property Profile indicates 7 Bedrooms and 4 Baths. Units all attached. Appears to have a double garage and a single garage off cement alley. I have seen the inside of 6003 and 6005 and have met the tenants in those 2 units. Very nice tenants. Both are 2 bedroom one bath units in good condition. Between the front and the rear of the building on the north side are fencing and gates

    Alan Wignall First Team Real Estate

    6001 California Ave, Long Beach, CA 90805
  • /18

    $3,900,000

    • 12 Beds
    • 12 Baths
    • 6,966 Sq Ft

    6064 Atlantic Ave, Long Beach, CA 90805

    100% Renovated 12-unit apartment building cash flowing at an amazing current 6% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 9.2% Cap Rate, 8.3 GRM, and 228k/unit after taking into account all construction costs (~660k assuming $200/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment

    Armin Soleimani Global Platinum Properties, Inc.

    6064 Atlantic Ave, Long Beach, CA 90805
  • /16

    $1,389,000

    • 10 Beds
    • 4 Baths
    • 3,312 Sq Ft

    801 Atlantic Ave, Long Beach, CA 90813

    4 renovated units located in downtown Long Beach, fully leased with gross scheduled rents over $110,000 per year! The property has an attractive unit mix of (2) 3-bedroom 1-bath units and (2) 2-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and

    Chris Crosby Buckingham Investments, Inc

    801 Atlantic Ave, Long Beach, CA 90813
  • /15

    $950,000 Open House 8/31

    • 4 Beds
    • 5 Baths
    • 2,592 Sq Ft

    501 W 8th St, Long Beach, CA 90813

    We are pleased to present the exclusive opportunity to acquire to 4 units withing walking distance to Prime Downtown Long Beach. The property is comprised of 4 units with an ideal unit mix of (3) 1 bed 1 baths & (1) 2 bed 2 baths and a bonus room & kitchenette area. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for

    Austin Longwell West Shores Realty, Inc.

    501 W 8th St, Long Beach, CA 90813
  • /3

    $1,289,000

    • 4 Beds
    • 3 Baths
    • 2,394 Sq Ft

    3696 California Ave, Long Beach, CA 90807

    located in the heart of Historic California Heights, this is a classic mid century property in great condition and hard to find! 3698 is a corner unit with a 2 car garage with a door opener. There are also 2 bedrooms and a den with a wood burning fireplace and paneling. Hardwood floors throughout as well as tiled floors in the kitchen and baths. There is aslo a shared exterior laundry used by

    John Gazdik Real Estate West, Inc.

    3696 California Ave, Long Beach, CA 90807
  • /15

    $1,100,000

    • 7 Beds
    • 6 Baths
    • 3,329 Sq Ft

    2751 E 14th St, Long Beach, CA 90804

    We are proud to present a prime multifamily investment opportunity located in the heart of the vibrant Zaferia Design District. This well-positioned asset offers unbeatable access to local staples such as Joe Jost’s, the Traffic Circle, Recreation Park, and more. The property features a desirable unit mix consisting of one spacious 2-bedroom/1-bath unit and four well-maintained 1-bedroom/1-bath

    Stephen Takahashi Lyon Stahl Investment Real Estate, Inc.

    2751 E 14th St, Long Beach, CA 90804
  • /6

    $1,000,000

    • 8 Beds
    • 6 Baths
    • 3,498 Sq Ft

    1021 E 12th St, Long Beach, CA 90813

    HERE IS THE PERFECT LAYOUT AS WELL AS AN INCREDIBLE FINANCIAL OPPORTUNITY FOR AN ABUNDANT MINDSET FAMILY OR INVESTOR.!!!! GREAT INCOME! Opportunities Come and Go, don't let this one pass you by. - The Front house is very spacious plus it has 4 bedrooms 2 bath with a spacious private green garden front yard. - The rear building consist of 4 units. They are performing

    Jose Lua Century 21 Allstars

    1021 E 12th St, Long Beach, CA 90813
  • /4

    $1,290,000

    • 6 Beds
    • 3 Baths
    • 2,855 Sq Ft

    5355 Pine Ave, Long Beach, CA 90805

    ATTENTION INVESTORS! This triplex investment property opportunity has a unit mix of three 2-bedroom, 1-bathroom units. It is located in a residential neighborhood with good rental demand. There is upside potential in rents and the possibility to convert the garage into an accessory dwelling unit (ADU). (Check with the City of Long Beach for their ADU garage conversion guidelines and

    Ben Lara American Pacific Realty

    5355 Pine Ave, Long Beach, CA 90805
  • /28

    $2,150,000

    • 16 Beds
    • 8 Baths
    • 6,144 Sq Ft

    615 Cerritos Ave, Long Beach, CA 90802

    615 Cerritos Ave presents a rare opportunity to acquire a well-maintained multifamily property in one of Long Beach’s most desirable rental markets. Close Proximity to Retro Row and the East Village Arts District, this clean 8 unit building features all large 2-bed/1-bath units with excellent layouts and strong tenant appeal. One unit will be delivered rent-ready, offering immediate income upside

    Krissy Mussenden Buckingham Investments, Inc

    615 Cerritos Ave, Long Beach, CA 90802
  • /7

    $695,000

    • 4 Beds
    • 2 Baths
    • 1,488 Sq Ft

    2590 E Carson St, Long Beach, CA 90810

    We are pleased to present this well-located Carson duplex featuring (2) spacious 2-Bed/1-Bath units— the property boasts a desirable single-story construction, ideal for long-term tenant retention and ease of management. Carson follows AB-1482, no specific city rent control.Each unit offers its own private 1-car garage, presenting ADU potential (buyer to verify) for additional income

    Kristopher German RE/MAX 2000 REALTY

    2590 E Carson St, Long Beach, CA 90810
  • /13

    $1,795,000

    • 4 Beds
    • 6 Baths
    • 3,644 Sq Ft

    2626 E Anaheim St, Long Beach, CA 90804

    Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 11% Cap Rate, 5.3 GRM, and only 177k/unit after taking into account all the construction costs (~545k assuming $225/SF). Attractive unit mix consisting of (4) well-designed One-Bedroom | One-Bathroom residential units plus (2) well-established

    Alec Kara Keller Williams Pacific Estate

    2626 E Anaheim St, Long Beach, CA 90804
  • /15

    $2,300,000

    • 16 Beds
    • 10 Baths
    • 7,034 Sq Ft

    3301 E Artesia Blvd, Long Beach, CA 90805

    3301 E Artesia Blvd offers a compelling opportunity to acquire a 9-unit multifamily asset in the heart of North Long Beach, a submarket experiencing steady tenant demand and ongoing revitalization.The property is comprised of two buildings: a standalone 3-bedroom/2-bath front house and a rear 8-unit structure with a mix of five 2-bedroom/1-bath units and three 1-bedroom/1-bath units. It

    Woody Stahl Lyon Stahl Investment Real Est

    3301 E Artesia Blvd, Long Beach, CA 90805
  • /34

    $2,095,000

    • 3 Beds
    • 2 Baths
    • 1,967 Sq Ft

    57 Bay Shore Ave, Long Beach, CA 90803

    Rarely on the market Beach front Spanish Duplex that has been upgraded throughout! A gorgeous shoreline gem that sits proudly across from Alamitos Bay and just short steps from the sandy beach. The sizeable 2 bedroom, 1 bathroom upstairs unit features beautiful hardwood floors throughout, a living room plus a small office space with panoramic beach views, and a formal dining room. The

    Kym Elder Coldwell Banker Realty

    57 Bay Shore Ave, Long Beach, CA 90803
  • /14

    $1,199,000

    • 8 Beds
    • 6 Baths
    • 3,423 Sq Ft

    1727 Pine Ave, Long Beach, CA 90813

    6 unit, single story building. 5 garages. Newly painted exterior. Copper plumbing throughout. Upside on the rents.

    David Dumalski White Realty Associates

    1727 Pine Ave, Long Beach, CA 90813
  • /9

    $1,650,000

    • 1 Bed
    • 2 Baths
    • 4,001 Sq Ft

    463 W 6th St, Long Beach, CA 90802

    463 W. 6th Street is a well-located, 8-unit apartment asset in the heart of Downtown Long Beach. Priced at a 6.00% cap rate and a 10.49 GRM based on current rents, the property offers strong in-place income with additional upside potential. The well-maintained building features new exterior paint and a refreshed entry awning. The unit mix includes (2) 1-bed/1-bath units and (6) studio

    Robert Stepp Keller Williams Realty Downey

    463 W 6th St, Long Beach, CA 90802
  • /69

    $1,400,000

    • 4 Beds
    • 2 Baths
    • 1,579 Sq Ft

    5536 Linden Ave, Long Beach, CA 90805

    WOW!!! This TURNKEY Long Beach duplex recently underwent a jaw-dropping transformation with many designer touches and finishes that is truly A MUST-SEE and it also comes with fully approved plans to build two ADUs in the back. This property is situated just minutes away from shopping, local fav eateries, such as Bake N Broil and HiroNori Craft Ramen, and Poly High School, which is ranked one of

    Marina Leung Coldwell Banker Realty

    5536 Linden Ave, Long Beach, CA 90805
  • /50

    $1,799,000 Open Wed 1PM - 4PM

    • 5 Beds
    • 4 Baths
    • 2,958 Sq Ft

    831 Mira Mar Ave, Long Beach, CA 90804

    Fully Remodeled 3-Unit Property with New Construction ADUsThis exceptional triplex offers the perfect blend of charm, luxury, and rental potential. Situated on a spacious lot, the front unit is a beautifully remodeled Craftsman-style 3-bedroom, 2-bath home featuring a brand-new kitchen, remodeled bathrooms, new flooring, fresh paint, central air conditioning, and comes complete with

    Juan Huizar Sage Real Estate Group, Inc.

    831 Mira Mar Ave, Long Beach, CA 90804
  • /10

    $1,100,000

    • 5 Beds
    • 3 Baths
    • 2,262 Sq Ft

    328 E 55th St, Long Beach, CA 90805

    Charming Duplex on 326-328 E, 55th St Long BeachRecently renovated Duplex features two Stand-alone Homes on a spacious lot. The front and back units have been thoughtfully updated. With low maintenance. All utilities separately metered, Zero Landscaping and Laminate Flooring making it a Hassle free property.both units are ideal for Investors.. Garage offering a potential ADU. Located in a

    Kevin Jones CURB® - 100% Commission Broker

    328 E 55th St, Long Beach, CA 90805
  • /23

    $1,399,000

    • 3 Beds
    • 6 Baths
    • 3,133 Sq Ft

    2415 E 7th St, Long Beach, CA 90804

    Prime East Side Long Beach - Coastal Gem: 5-Unit Investment Opportunity Blocks Away from the Sand! Asking $1,399,000Seize the opportunity to own a piece of Long Beach's vibrant coastal landscape at 2415 7th Street. This outstanding 5-unitapartment building, listed at $1,399,000, offers the ultimate in location and income potential, with the beach a mere sevenblocks away – perfect for

    Julio Bonilla Keller Williams Pacific Estates

    2415 E 7th St, Long Beach, CA 90804
  • /20

    $2,050,000

    • 6 Beds
    • 8 Baths
    • 6,494 Sq Ft

    833 Cedar Ave, Long Beach, CA 90813

    Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just nine minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income

    Julio Bonilla Keller Williams Pacific Estates

    833 Cedar Ave, Long Beach, CA 90813
  • /47

    $1,725,000

    • 6 Beds
    • 6 Baths
    • 3,100 Sq Ft

    1344 Ximeno Ave, Long Beach, CA 90804

    IMPECCABLE 3 UNIT NEW CONSTRUCTION IN A EXCELLENT AREA .FRONT HOUSE 2/2 WITH 1 CAR GARAGE DRIVEWAY TO THE STREET AND 2 -2/2 UNITS ON THE BACK ALL WITH NEW APPLIANCES , WASHER AND DRYER AND AC . THIS PROPERTY IS A MUST SEE !!

    Marcos Ramirez Keller Williams Pacific Estate

    1344 Ximeno Ave, Long Beach, CA 90804
  • /31

    $949,000

    • 2 Beds
    • 1 Bath
    • 1,284 Sq Ft

    1030 Mira Mar Ave, Long Beach, CA 90804

    PRIME INVESTOR OPPORTUNITY | ADU & MULTI-UNIT POTENTIAL | HEART OF LONG BEACH | Welcome to 1030 Mira Mar Avenue, a rare and exciting opportunity for investors, developers, or buyers looking to create long-term value in one of Long Beach’s most desirable neighborhoods. Located just minutes from the beach, Retro Row, and the shops and dining along 4th Street, this property sits on a deep 5,661 sqft

    Kathy Leimkuhler First Team Real Estate

    1030 Mira Mar Ave, Long Beach, CA 90804
  • /31

    $1,480,000

    • 4 Beds
    • 4 Baths
    • 2,414 Sq Ft

    4172 Del Mar Ave, Long Beach, CA 90807

    On acreage that had previously been home to pasture and training facilities for his family's thoroughbred racehorses, architect Clifton Jones Jr. developed a tract of distinguished garden home duplexes. Named Cerritos Circle, its modernist post and beam designs display the influences of his studies at the USC School of Architecture. The single story, "Plan A" model features a steeply pitched roof

    Nate Cole Modern California House

    4172 Del Mar Ave, Long Beach, CA 90807
  • /14

    $1,200,000

    • 4 Beds
    • 4 Baths
    • 1,980 Sq Ft

    541 Cerritos Ave, Long Beach, CA 90802

    GREAT INVESTMENT OPPORTUNITY!!! This wonderful craftsman property features 4 units located in the highly desirable Alamitos Bay area of Downtown Long Beach. The property consists of four one bedroom, one bathroom units that are about 500 square feet and have been well maintained. The floors and kitchens have recently been updated. The property boasts a walk score of 92 and a bike score of 93

    Brian Franklin AGNS Realty Inc.

    541 Cerritos Ave, Long Beach, CA 90802
  • /32

    $949,000

    • 4 Beds
    • 2 Baths
    • 1,607 Sq Ft

    1876 Oregon Ave, Long Beach, CA 90806

    Charming South Wrigley duplex featuring two separate homes on a spacious 6,628 sq ft lot. The front house offers 2 bedrooms, 1 bath, plus a bonus room. Making the front unit 3 bedrooms. The rear house includes 2 bedrooms and 1 bath, providing excellent flexibility for multi-generational living or rental income. Built in 1939, this 1,607 sq ft property combines vintage character with investment

    Hugo Avalos Real Broker

    1876 Oregon Ave, Long Beach, CA 90806
  • /12

    $1,300,000

    • 11 Beds
    • 9 Baths
    • 4,516 Sq Ft

    2246 Earl Ave, Long Beach, CA 90806

    Prime Investment Opportunity With High Income in a Desirable Long Beach Location. Don't miss this chance to own this high performing 4+ units in one of most sought-after neighborhood. This well-maintained quadruplex offers strong rental income and an unbeatable location, ideal for both investors and first time buyers. The front building is a stand-alone home with its own front-yard and driveway,

    Rosi Ueng Treelane Realty Group Inc.

    2246 Earl Ave, Long Beach, CA 90806
  • /13

    $2,195,000

    • 7 Beds
    • 6 Baths
    • 6,222 Sq Ft

    1425 Cedar Ave, Long Beach, CA 90813

    1425 Cedar Avenue is a 10- unit apartment asset located in the Washington District of Long Beach. The value-add opportunity is priced at 10.57 GRM and 6% Cap Rate at current rents and 7.76 GRM and a 9.16% Cap Rate at market rents. In addition to the 32% of rental upside, a buyer has the ability to add four (4) studio ADU’s to the back garages. ADU plans are ready to be submitted to the city of

    Robert Stepp Keller Williams Realty Downey

    1425 Cedar Ave, Long Beach, CA 90813

Showing Results 1 - 40, Page 1 of 6

Why Live in Long Beach

Long Beach offers an impressive array of waterfront attractions, including the historic Queen Mary ocean liner and the Aquarium of the Pacific which showcases diverse marine life. The city features unique cultural destinations like the Museum of Latin American Art, dedicated to contemporary Latin American and Latinx art, and the Long Beach Museum of Art which provides stunning ocean views. Residents enjoy outdoor recreation at Rosie's Dog Beach, the only off-leash dog beach in Los Angeles County, and El Dorado Nature Center's serene trails. The dining scene includes Heritage, which earned its first Michelin star in 2023 for its California cuisine, along with seafood at Parkers' Lighthouse and steaks at 555 East.

The housing market presents diverse options across distinct neighborhoods. In Belmont Shore, the median price for single family homes is $1,400,000, while Naples commands a median of $2,275,000. Bixby Knolls offers single family homes at a median price of $1,055,000. Condos present more affordable options, with one bedroom units in Alamitos Beach at a median price of $520,000 and two bedroom units at $850,000. Downtown condos show median prices of $550,000 for one bedroom and $780,000 for two bedroom units.

Long Beach's cost of living sits 49.7% above the national average. A married couple with children ages 6 to 17 needs an annual salary of $156,000 to live comfortably, while renters should aim for $86,000. The property tax rate is 0.69%, with a combined sales tax rate of 8.80%. The city offers strong educational options, including Wilson High School and Polytechnic High School, both rated A by Niche. California State University Long Beach provides higher education opportunities. Public transportation includes the Metro Blue Line to downtown LA, Long Beach Transit buses, and water taxis, while cyclists enjoy 60 miles of bike paths throughout the city.

Home Trends in Long Beach, CA

Housing Trends

Median Sale Price
$744,995
Median Single Family Sale Price
$1,150,000
Median Townhouse Sale Price
$832,685
Median 2 Bedroom Sale Price
$685,000
Median 1 Bedroom Sale Price
$515,000
Average Price Per Sq Ft
$553
Number of Homes for Sale
29
Last 12 months Home Sales
186
Months of Supply
1.90
Median List Price
$816,990
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
18%
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