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

$3,400,000

SB26195965 MLS ⋅ Active Status

Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units. The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns. All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability. With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.

911 Pacific Avenue, Long Beach

$1,550,000

SB26189366 MLS ⋅ Active Status ⋅ The Chestnut Avenue Apartments BLDG.

Welcome to 943 Chestnut Ave, a stunning multi-family income property in the heart of Long Beach, CA. Boasting an impressive 4,344 square feet of thoughtfully designed multi-residential living space on a spacious 7505SF rectangular lot with common driveway off of 10th Street. The property consists of six apartment units in two buildings, majority of tenants are paying market rent, offering an investor an established income stream from day one with an investment opportunity to acquire a stabilized multifamily asset without the immediate need to lease vacant units. Features 12 spacious bedrooms, 6 beautifully renovated kitchen and bathrooms offering ample space for comfortable living or investment opportunities. Inside, you'll find recently updated bathrooms and kitchens equipped with newer cabinetry, granite countertops, a gas stove, refrigerator, and a convenient breakfast bar for dining. The dual-pane windows fill the home with natural light, perfectly complementing the ceramic tile flooring in each apartment. The exterior of the property offers an array of inviting outdoor features, including a barbecue area, common patio, courtyard, terrace and Juliet viewing balcony. There are front patio areas and uncovered courtyard between the front and rear buildings provide additional space to relax and enjoy the both eastern and western exposure. Each unit has a wall heater and some units have window air conditioning units keeping the spaces cool and comfortable year-round. Convenience abounds with community laundry room onsite. This rare Long Beach gem combines functionality, style, and abundant amenities, making it an exceptional opportunity for multi-family living or as an investment property. Don’t miss your chance to explore the potential of this mult-residential 6 unit commercial apartment building offering before it goes live to the open market next week! Conveniently located in Long Beach's 90813 area, the property provides access to Downtown Long Beach, shopping, dining, employment centers, public transportation and major transportation corridors. 943–949 Chestnut Avenue presents an opportunity to acquire or do a 1031 exchange to a fully occupied and maintained 6-unit income property with market-rate rents, historic architectural character, upgraded interiors, freshly painted exterior, on-site laundry and parking for six vehicles. Professionally Managed with a Local Property Management Company and Financials Available Upon Request.

943 Chestnut Avenue, Long Beach

$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

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.