Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

Welcome to the vibrant Downtown Area of Long Beach, nestled in the heart of Los Angeles County, California. This bustling urban hub is not just a place to live; it’s a lifestyle brimming with energy, culture, and opportunity. With its stunning waterfront views, eclectic dining options, and a plethora of entertainment venues, Downtown Long Beach is a prime destination for those seeking a dynamic urban experience.

Just a stone's throw away is the charming Alamitos Beach, a picturesque neighborhood that beautifully marries coastal living with city convenience. This inviting area boasts sandy shores, scenic parks, and a friendly community atmosphere, making it an ideal spot for families and young professionals alike. Residents enjoy the best of both worlds: the excitement of downtown life and the tranquility of beachside living.

For those considering a home in this thriving region, multi-family properties are an excellent option. These versatile residences not only provide an opportunity for rental income but also foster a sense of community among neighbors. Imagine living in a stylish duplex or a modern triplex, where you can enjoy the benefits of shared spaces while still having your own private retreat.

With the demand for housing on the rise in Long Beach, investing in multi-family homes in Downtown and Alamitos Beach is a savvy choice. Here, you’ll find properties that cater to a variety of lifestyles, whether you’re looking for a cozy apartment or a spacious family home. Experience the charm of coastal living with the excitement of urban life—make your move to Long Beach today!

Newest Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

$1,550,000

SB26154402 MLS ⋅ Active Status

1073-1075 Hoffman Ave. presents a fabulous OWNER/USER and/or INVESTMENT opportunity in a great Long Beach rental market. The property consists of a large freestanding single-family home with a 2nd building in the back housing 4 apartment units. The property is legally 4 units, however there is a 5th 2 bedroom/1 bath unit in the back building that is legal but non-conforming; this was a storage unit prior to it being converted unit an apartment unit. The building is in great shape with new windows, newer roofs, extensively upgraded plumbing, and a concrete driveway. The net rentable square footage of the 5 units is approximately 3,462 square feet and the property sits on a 6,959 square foot lot.

1073 1075 Hoffman, Long Beach

$2,348,000

PW26150680 MLS ⋅ Active Status

Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach

$1,299,000

PW26139832 MLS ⋅ Active Status

Offered for sale, 1404 Alamitos Avenue is a 2,284 SF freestanding commercial building situated on a 5,532 SF fenced and paved lot in the heart of Long Beach. This versatile property includes a separate garage structure within a secured yard, providing valuable storage, parking, or operational space for a wide range of business types. The building’s layout supports contractors, service businesses, light industrial trades, creative users, and neighborhood serving commercial operators. The fully fenced lot offers controlled access, secure parking, and the ability to accommodate vehicles, equipment, or outdoor storage—an increasingly rare feature in the Long Beach market. With MFR-M zoning, the property provides flexibility for both commercial and residential adjacent uses, making it attractive to owner users, small business buyers, and investors seeking a functional, well-located asset. Its central position offers quick access to Downtown Long Beach, Anaheim Street, Pacific Coast Highway, and major north south corridors.

1404 Alamitos, Long Beach

$1,850,000

DW26015025 MLS ⋅ Active Status

Great income at 9% cap rate! 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 5 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 potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

833 Cedar, Long Beach

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