Cambodia Town Real Estate

Welcome to Cambodia Town, a vibrant and culturally rich subdivision nestled in the heart of Long Beach, California. This unique neighborhood is a delightful blend of tradition and modernity, making it a standout destination for both residents and visitors alike.

Known for its lively atmosphere, Cambodia Town is home to a diverse community that celebrates its heritage through colorful festivals, authentic cuisine, and local businesses. As you stroll through the streets, the aroma of freshly prepared Cambodian dishes wafts from local eateries, inviting you to indulge in flavors that tell a story of tradition and family recipes passed down through generations. Don’t miss the chance to explore the bustling markets, where you can find everything from handcrafted goods to traditional textiles.

The area is also a hub for cultural events, including the annual Cambodian New Year celebration, which draws crowds from all over Southern California. This festive occasion showcases traditional dance performances, music, and delicious food, offering a glimpse into the rich cultural tapestry of the Cambodian community.

In addition to its cultural offerings, Cambodia Town boasts convenient access to parks, schools, and public transportation, making it an ideal location for families and young professionals alike. With its close-knit community feel and a strong sense of pride, Cambodia Town is more than just a place to live; it’s a way of life.

Whether you're looking to invest in real estate or simply want to explore a neighborhood that embodies warmth and diversity, Cambodia Town in Long Beach is a hidden gem waiting to be discovered. Come and experience the charm and vibrancy of this exceptional community!

Newest Listings in Cambodia Town

$1,000,000

IN26156931 MLS

Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

1136 E Alhambra Court, Long Beach

Listing courtesy of Listing Agent: Tyson Storr (Tyson@buckinghaminvestments.com) from Listing Office: Buckingham Investments, Inc..

$5,400,000

PW26120925 MLS

PROPERTY OVERVIEW - 1980'S CONSTRUCTION. Built in 1985, Ten60 Olive Avenue is a well-maintained 16-unit multifamily asset with strong curb appeal, located in Long Beach, California. The property features all 2-bedroom / 1-bath units with ample natural light. Amenities include on-site laundry facilities and secured underground parking with 24 parking spaces. $650K IN CAPITAL IMPROVEMENTS. Ownership has invested approximately $650K in recent capital improvements, significantly reducing near-term capital requirements and enhancing overall asset stability. Improvements include: high-end interior renovations on 11 of the 16 units, double-pane windows installed throughout all units, new railings and exterior enhancements, controlled access gates, building-wide security camera system, newly sealed roof in 2024, and upgraded fire panel system. ADDITIONAL INCOME & VALUE-ADD POTENTIAL. The property offers both in-place supplemental income and identifiable opportunities to further increase revenue; Laundry Income: On-site laundry facilities provide consistent ancillary income. Potential Utility Reimbursement (RUBS): Units are individually metered for gas and electricity positioning the asset for implementation of a RUBS program for additional income. Parking Income: Current rents include one parking space per unit. The property may offer an opportunity to increase parking income without requiring additional capital investment. STABLE IN-PLACE CASH FLOW WITH UPSIDE. With substantial capital improvements completed, strong curb appeal, and additional operational upside remaining, Ten60 Olive Avenue presents a well-balanced multifamily investment opportunity in the heart of Long Beach. The property combines stable in-place cash flow with meaningful long-term growth potential through rental increases, RUBS implementation, and ancillary income opportunities.

1060 Olive, Long Beach

Listing courtesy of Listing Agent: Robert Stepp (rstepp@steppcommercial.com) from Listing Office: Keller Williams Realty Downey.

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