North Long Beach (7) Homes with Apartment Subtype

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Newest North Long Beach (7) Homes with Apartment Subtype

$2,600,000

SB26155227 MLS ⋅ Active Status

Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.

1020 E Broadway, Long Beach

$2,749,000

PW26142888 MLS ⋅ Active Status

***Major Price Reduction***Excellent mixed-use investment opportunity on Pacific Coast Highway offered at a 6.63% cap rate. The property features a two-story building with 11 residential units and 11 on-site parking spaces, providing stable residential income. Many of the residential units have been refreshed, enhancing rental value. The sale also includes 1561 W Pacific Coast Hwy, a separate 3-tenant storefront retail building with prime frontage on PCH. Strong in-place cash flow with diversified residential and commercial income in a high-traffic location.

1561 W Pacific Coast Highway, Long Beach

$1,295,888

PW26128325 MLS ⋅ Active Under Contract Status

Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.

1651 E South, Long Beach

$2,410,000

PW26094741 MLS ⋅ Active Status

436–442 E. Market Street presents an exceptional investment opportunity to acquire a unique residential income property comprised of three separate buildings on an expansive 11,889 square foot lot. The front structure is a newly completed 1,814 square foot ADU duplex (completed May 2024), featuring two spacious 2-bedroom / 1-bath units, with laundry room, each offering 907 square feet of living space. Each unit is separately metered for water, gas, and electricity, providing added convenience and efficiency for ownership and management. Situated behind the duplex are two separate 4-plex buildings, originally constructed in 1964, with each building consisting of four 2-bedroom / 1-bath units, for a total of eight additional units. In total, the property offers 10 well-designed 2-bedroom / 1-bath units with 10 on-site parking spaces to accommodate tenants. Ideally located with convenient access to the 710, 605, and 405 freeways, this property offers strong rental appeal in a highly accessible location. With its desirable unit mix, substantial lot size, ample parking, and newly constructed front duplex, 436–442 E. Market Street represents an outstanding multifamily investment opportunity.

436 E Market, Long Beach

$2,200,000

PW26087198 MLS ⋅ Active Status

174 E Plymouth Street is a 9-unit apartment building located in Long Beach, California. Constructed in 1961, the subject property contains 6,187 rentable square feet that is placed on a 7,500 square foot lot. The existing units consist of (9) 2 Bed + 1 Bath units, additionally there are 4 single car parking garages and a shared laundry room. The subject property is located in the eye of the Addams neighborhood, of North Long Beach. Situated just one block South of Market Street, and two blocks East of Long Beach Blvd the property benefits from its convenient location. Long Beach Blvd is known for its diverse range of amenities, including fine dining options, retail shopping centers, and various businesses. With a high walk score of 83, this indicates that residents in this area can easily access these establishments on foot, contributing to a vibrant and walkable neighborhood. These locations may provide additional local services, cultural centers, or points of interest that contribute to the overall appeal and character of the neighborhood. The subject property is attractive to a wide tenant pool because it contains an attractive unit type. 2-bedroom apartments appeal to a broad range of tenants, including work from home individuals looking for an at-home office, small families, couples, and those with roommates. This versatility increases the chances of finding suitable tenants quickly, reducing vacancies and maximizing rental income. 174 Plymouth Street is an exceptional investment opportunity for those looking to acquire a quality multifamily property in Long Beach. With its attractive design, convenient location, and functional units, this apartment building is sure to be a desirable destination for renters and a smart investment for its owner.

174 E Plymouth, Long Beach

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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.