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$995,000
PW26066695 MLS
Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California’s most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location. The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity for tenants giving it a competitive advantage to surrounding rentals and added rental value. The Front unit is currently rented at $3180/month, providing immediate income from day one. The front unit is comprised of 5 bedrooms (smaller sized) that have recent hard surface floor updates and 2 bathrooms. The spacious living room has tiled floors that extend to the ample kitchen equipped with abundant dark-stained cabinetry, granite countertops and includes a stove with fan/hood and double well sink. There’s also a charming shaded front porch, ample driveway parking that accommodates up to 3 vehicles and comes equipped with a wall heater. The back unit is currently vacant and has 4 rooms and 2 bathrooms with tile floors and hard floor surfaces throughout. The kitchen has ample wood-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree. The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.

1060 Cherry Unit A & B, Long Beach

Listing courtesy of Listing Agent: Omar Ruiz (mgmt@homechoicepm.com) from Listing Office: Home Choice Property Mgt.

$2,345,000
RS26052383 MLS
$50,000 price reduction - now offered at a 6.40% current cap rate. 1036 Saint Louis Ave is a 9-unit Eastside Long Beach apartment property featuring an attractive large-unit mix of (1) 3BD/2BA, (6) 2BD/1BA, and (2) 1BD/1BA units. The asset offers strong in-place income with approximately 13% remaining rental upside and a projected 7.60% pro forma cap rate through continued interior renovations and garage income optimization. The property has benefited from approximately $129,000 in recent capital improvements, including a new 400A main electrical panel, partial main sewer line replacement, SB 721 balcony compliance/repairs, roof repairs, and three completed unit renovations. Additional features include 6 on-site garages, separately metered electric/gas, and landlord-paid water/sewer/trash. No local rent control; statewide AB 1482 applies.

1036 Saint Louis, Long Beach

Listing courtesy of Listing Agent: Andrew McAllister (drew@nrecommercial.com) from Listing Office: eXp Realty of Greater L.A.

$3,000,000
IV26048033 MLS
Nine-unit multifamily property located in the Eastside area of Long Beach just north of Pacific Coast Highway near the Traffic Circle. Built in 1987, the property consists of one two-story building on an approximately 0.15-acre lot and features a strong unit mix of eight 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. Several units have been updated with renovated interiors and newer appliances, providing a clean, well-maintained asset with solid in-place income and potential for additional rental growth. Gas and electricity are separately metered and paid by tenants. Conveniently located near major retail corridors, transportation routes, Downtown Long Beach, and coastal amenities including Alamitos Beach.

1128 Stanley, Long Beach

Listing courtesy of Listing Agent: DARREN CORREA (darren.correa@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

$1,495,000
OC26023082 MLS
This distinctive four-unit property (ADU potential) in Long Beach’s sought-after Rose Park neighborhood blends timeless Craftsman character with excellent investment potential. The front house, currently vacant and perfect for an owner-occupant, is a spacious three-bedroom, two-bath home showcasing original wood floors, built-ins, and a large, covered porch framed by classic columns. A private fenced yard enhances its appeal, making it an inviting home for someone who wants to live on-site while generating rental income from the other units.**** Behind the main house is a one-bedroom home with its own backyard, deck, and front porch. Two additional one-bedroom units complete the property, one located above the garages and the other above the rear of the front house, each offering natural light and functional layouts. The oversized lot is thoughtfully designed with an electronic gated entry, four garages, five additional parking spaces, large storage rooms, and a shared laundry room. Recent exterior painting, including the front house, provides refreshed curb appeal.**** Positioned in Central Long Beach, this property offers easy access to everyday conveniences with neighborhood parks such as Rose Park, Carroll Park, and Bixby Park just minutes away. Local favorites along Retro Row, including coffee shops, boutiques, and restaurants, are close by, as well as Downtown Long Beach and the shoreline.

732 Saint Louis Avenue, Long Beach

Listing courtesy of Listing Agent: Kara Welliver (kara.welliver@compass.com) from Listing Office: Compass.