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Washington School Multifamily Homes & Duplexes for Sale

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  • /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
  • /3

    $989,900

    • 7 Beds
    • 4 Baths
    • 2,667 Sq Ft

    1636 Pacific Ave, Long Beach, CA 90813

    WHAT A PHENOMENAL OPPORTUNITY TO BECOME THE OWNER OF THESE 4 UNITS IN THE CITY OF LONG BEACH. PROPERTY HAS A LOT OF POTENTIAL. 1) UNIT IS 3 BEDROOM, 1 BATH. 2) UNIT IS 2 BEDROOM, 1 BATH, 3) IS 1 BEDROOM, 1 BATH. 4) UNIT IS 1 BEDROOM 1 BATH. ALL UNITS ARE RENTED PROPERTY IS BEING SOLD WITH TENANTS IN. THIS PROPERTY JUST NEED A LITTLE BIT OF TLC ON THE EXTERIOR. THE INTERIOR OF THE

    Rosa Villasenor Century 21 Allstars

    1636 Pacific Ave, Long Beach, CA 90813
  • /8

    $2,149,000

    • 19 Beds
    • 9 Baths
    • 7,176 Sq Ft

    1775 Locust Ave, Long Beach, CA 90813

    PRICE REDUCED $50K. Currently a 9.4 GRM and 6.8% CAP with upside to a 8.4 GRM and 8.0% CAP. 9 units in Long Beach. Excellent unit mix for the area. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). 4 garages in the rear. On-site laundry. A number of units here are rented to Section 8 and Housing Programs - rents could

    Jon Swire The Agency

    1775 Locust Ave, Long Beach, CA 90813
  • /11

    $2,200,000

    • 12 Beds
    • 12 Baths
    • 6,402 Sq Ft

    1430 Chestnut Ave, Long Beach, CA 90813

    PRICED TO SELL. 9.4 GRM AND 7.1% CAP against in-place rents with upside to 9.0 GRM. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not

    Jon Swire The Agency

    1430 Chestnut Ave, Long Beach, CA 90813
  • /12

    $1,875,000

    • 25 Beds
    • 8 Baths
    • 6,295 Sq Ft

    1640 Locust Ave, Long Beach, CA 90813

    This property has assumable financing at a great rate, value add, low rents, large unit mix, performing tenants, and a motivated seller who is open to carry the loan/seller finance the deal. Furthermore, is not contingent upon finding a replacement property. That is the difference from what you see on the market today. The OM is available for review to understand the deal and numbers.

    Aaron Soliz eXp Realty of Greater L.A

    1640 Locust Ave, Long Beach, CA 90813
  • /32

    $2,500,000

    • 1 Bed
    • 3 Baths
    • 7,108 Sq Ft

    1757 Long Beach Blvd, Long Beach, CA 90813

    Value add mixed use property for sale in Long Beach along with separately parceled parking lot in rear on apartments. Total land size of 15,431 SF between both lots. Long terms owners and tenants with two retail units, 7 apartments units, and an excess of parking on Long Beach Blvd. A new owner has the opportunity to convert the two retail units out front into ADU's as well as build additional

    Austin Carr Realty One Group United

    1757 Long Beach Blvd, Long Beach, CA 90813
  • /7

    $1,200,000

    • 1 Bed
    • 8 Baths
    • 3,428 Sq Ft

    1604 Magnolia Ave, Long Beach, CA 90813

    Justin White Justin White

    1604 Magnolia Ave, Long Beach, CA 90813

Why Live in Washington School

The Washington School neighborhood in Long Beach is a vibrant urban area known for its walkability and proximity to popular dining and nightlife spots. Located near the South Wrigley area, residents have access to a variety of local restaurants and shops, with downtown Long Beach just a short walk away, providing endless things to do. The neighborhood offers diverse dining options, including Taqueria La Mexicana for authentic Mexican cuisine and Trademark Brewing, which hosts community events. For shopping, downtown Long Beach is less than a mile away, featuring numerous stores and boutiques. The area is well-connected for commuters, with Interstate 710 nearby and a Metro A Line subway stop offering easy access to downtown Los Angeles. Recreational opportunities abound with Seaside Park, featuring a soccer field and playground, and the scenic LA River Trail for walking and biking. Alamitos Beach and Junipero Beach are also close for swimming and sunsets. Cultural attractions include the Museum of Latin American Art and the Pacific Island Ethnic Art Museum. The neighborhood is served by Long Beach Unified, a highly rated school district, with Polytechnic High School noted for its Grammy Award-winning music program. Housing options include early-20th-century Craftsman and Spanish-style bungalows, along with condos and townhouses, providing a mix of single-family homes and apartments. The area is safer than the national average, making it an appealing choice for potential homebuyers.

Home Trends in Washington School, CA

Housing Trends

Median Sale Price
$524,500
Median Single Family Sale Price
$655,000
Median Townhouse Sale Price
$1,175,000
Median 2 Bedroom Sale Price
$460,000
Median 1 Bedroom Sale Price
$299,500
Average Price Per Sq Ft
$511
Number of Homes for Sale
11
Last 12 months Home Sales
30
Months of Supply
4.40
Median List Price
$530,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
30%
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