Long Beach, CA 5+ Unit Properties

360 Lime Avenue is a renovated, 42-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. The property is in the heart of the East Village Arts District of Downtown Long Beach. This neighborhood is a vibrant, eclectic pocket within the city with boutique stores, art galleries, coffee shops and restaurants. The East Village is known for its walkability, and 360 Lime provides great access to all its amenities.

The 33,949 gross square foot property consists of studio, one- and two-bedroom floor plans. Numerous units have large wrap-around patios which provide private outdoor spaces for tenants. Originally built in 1964, 360 Lime offers amenities including a communal courtyard, custom barbecues, individual garage parking, on-site laundry facilities, controlled access, ceiling fans, vinyl floors, quartz countertops and more.
360 Lime Avenue
Long Beach, California
  • 33,949 SqFt
  • 1.840 Acres
The Loma View Apartments, located at 1751 Loma Avenue, is a 24-unit value-add asset in the Eastside/Traffic Circle area, a central, accessible and highly-sought-after rental location in Long Beach. The balcony-style building offers a mix of sizable (4) three-bedroom/two-bathroom, (10) two-bedroom/two- bathroom, (8) two-bedroom/one-bathroom and (2) one-bedroom/one-bathroom units with on-site laundry, ample parking and a community swimming pool. Located in a convenient and accessible location with a changing demographic. This demographic is looking for higher-end amenities found in the brand new buildings in Downtown Long Beach and near the shoreline, but with the accessibility of the Traffic Circle location and its close proximity to major thoroughfares leading to nearby employment opportunities and retail amenities for daily errands and living needs. This is an excellent repositioning opportunity to capture a more affluent demographic. The existing pool area and central courtyard area provides an excellent opportunity for repositioning to appeal to this more affluent demographic coming into the area. In addition to the community areas, one unit has been fully renovated to demonstrate the potential for upgrading all units to capitalize on the area's increasing market rents. The Loma View Apartments offers investors a rare opportunity to own a value-add asset with 20%+/- rental upside potential in a rapidly developing and central submarket.
1751 Loma Avenue
Long Beach, California
  • 22,006 SqFt
  • 0.383 Acres
1019-1027 Cedar Avenue is a 26-unit turn-key property with 14 parking garages in the up-and-coming Willmore City Historic District, just north of Downtown Long Beach. The property offers 22 one-bedroom/one-bath and 4 two-bedroom/one- bath units. All units are completely remodeled with new wood laminate flooring, custom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, and modern lighting and fixtures throughout. The building also features 14 garages, a community courtyard with BBQ and dining facilities and on-site laundry facilities. This property is in very close proximity to all of the exciting amenities and employment opportunities in Downtown Long Beach. This location is popular for commuters because it offers easy access to the 710 and 405 freeways as well as the Metro Blue Line which runs between Downtown Long Beach and Downtown Los Angeles, with 22 stops along the way. 1019-1027 Cedar Avenue offers an investor the opportunity to own a completely remodeled, turn-key asset in a growing area adjacent to booming Downtown Long Beach. Willmore is one of Long Beach's oldest neighborhoods, located on DTLB's western edge and bordering the L.A. River. Here you'll find a large concentration of turn- of-the-century homes. The Willmore neighborhood reflects Long Beach's past, present and future.
1019 Cedar Avenue
Long Beach, California
  • 15,566 SqFt
  • 0.338 Acres
Built in 1987 and featuring all two bedroom two bath apartment units this well maintained property offers an investor the opportunity to own in one if the most dynamic cities in Southern California. With 2 separate parcel numbers and offering a high Capitalization Rate, while interest rates are at historic lows, allows for better leverage and a higher cash on cash return. The upstairs units have Cathedral Ceilings in the Living room and kitchen, 24 garage parking spaces are available, each unit has its own water heater (many less than 1.5 years old), and tenants pay for gas and electricity. Income shown is effective 9/1/19.
1071 Junipero Avenue
Long Beach, California
  • 13,376 SqFt
  • 0.270 Acres
This is a Classic Normandy Style 10 unit apartment building. All of the units have faux fire places, high ceilings, wall sconces, dining rooms. The building is located in the desirable community of Belmont Shore. Just steps to the  ocean and shops on second street.
108 Roswell Avenue
Long Beach, California
  • 7,330 SqFt
  • 0.145 Acres
We are proud to present 1142 E. 1st Street Apartments.  The property presents investors with an opportunity to acquire a turn-key investment with market rents and an attractive 4.6% CAP rate.  The property is a 8,960 Square Foot building set on an lot of 8,222 square feet that consists of (12) One Bedroom/ One bathroom units and (2) Two Bedroom/ One Bathroom units, 4 garages, 3 parking spaces parking to tenants as well as on-site laundry.   All the units have been fully renovated with new modern kitchens, bathrooms, hardwood floors, tile kitchens and bathrooms, and all new appliances.  Some units have the laundry equipment in the units.

The building is located in the trendy Alamitos Beach neighborhood and walking distance to the beach as well as numerous cafes, restaurants,
boutiques and parks.

The city of Long Beach continues to progress forward and is currently experiencing major redevelopment of $2.2 billion.  An example of this large-scale redevelopment is the Long Beach Civic Center, which is estimated to be completed early 2019.  The Civic Center will include a new city hall and the Port of Long Beach headquarters, as well as multi family residential units.  Long Beach sustains its ability to attract renters due to its strong economy and high quality of life.
1142 1st Street E
Long Beach, California
  • 8,960 SqFt
  • 0.189 Acres
1055 Newport Avenue is a 13-unit multifamily investment property located in Long Beach, one of the premiere housing markets in Southern California. Situated on a 0.21-acre lot, the 9,500 square foot property consists of one- and two-bedroom floor plans averaging over 730 square feet. Built in 1985, the property offers amenities including gated pedestrian and vehicle access, gated covered parking, private patios, private balconies, and on-site laundry. 1055 Newport Avenue is located under 2 miles from California State University, Long Beach, the third largest campus in the 23-member California State University system. The university enrolls over 33,000 students annually and is a major local economic driver, generating a $1 billion impact on the regional and statewide economy each year. The property is also is located within walking distance of the Belmont Shopping Center, a 112,302 SF retail center anchored by Food 4 Less and Rite Aid.
1055 Newport Avenue
Long Beach, California
  • 9,500 SqFt
  • 0.210 Acres
420 Orange is a sensational, fully rehabbed, turnkey, 11 unit, value add, apartment building:
Large open floor plans, Oak hardwood flooring, classic kitchen & bathroom tile, original crown moldings throughout,
deep built in closets, vintage cabinetry, each unit is individually metered with newer electrical/electrical panel,
EQ retrofit. Laundry room, 11 garages, 26 total parking spaces, a rare find in this heavily impacted parking area. With a
highly desirable unit mix (7, two beds & 4, one beds) and exquisite design, this building is a must for any investors
portfolio. Located in the highly sought after neighborhood of Alamitos Beach. Alamitos Beach is arguably the fastest
growing neighborhood in Long Beach due to Its close proximity to the best of what Long Beach has to offer. Nestled
alongside the Ocean, and neatly positioned between Belmont shore and Downtown. This location makes for a short
walk or drive to restaurants, coffee shops, clothing stores, the arts district/art studios, entertainment, the metro and
much more.
420 Orange Avenue
Long Beach, California
  • 8,672 SqFt
  • 0.412 Acres
Park Plaza is an 18-unit multifamily investment property located at 6546 Indiana Ave. Long Beach, CA, centrally located and just a few blocks from both the City of Lakewood and City of Bellflower. The building is comprised of (1) 3bd/2bth unit, (5) 2bd/1bth units, and (12) 1bd/1bth units. The building also features 18 single car garages, all new vinyl windows in every unit, small courtyard, and onsite laundry facilities. This building is priced to sell at $221,944 per unit and offers immediate rental upside for a new buyer. The building is located on a primarily residential street, and across from Romona Park and the newer Romana Multi-Family Senior development built in 2014.
6546 Indiana Avenue
Long Beach, California
  • 12,120 SqFt
  • 0.299 Acres
Turnkey non-rent controlled apartment complex comprised of 13 spacious (1 Bed + 1 Bath) units averaging 600 SF each located in vibrant Downtown Long Beach.  Current ownership has remodeled 100% of the unit interiors with high end modern finishes and fixtures, all of which were permitted through the City of Long Beach.  The majority of units are now leasing for $1595 enabling a Buyer to capture a 5.32% Cap Rate by leveling rents.  The Downtown area has become one of the most soft after sub-markets in Greater Los Angeles for institutional capital due to its coastal location and business friendly climate, which has led to significant rent growth and high occupancy levels over the past few years.  There are (6) on-site garages renting for $150/mth each, a common laundry facility and a beautifully landscaped courtyard including a permitted stainless steel BBQ for tenants to enjoy.
939 Pacific Avenue
Long Beach, California
  • 7,836 SqFt
  • 0.172 Acres
500 Junipero Avenue is a 10-unit turn-key asset just one block from Fourth Street/Retro Row. The building offers 8 one-bedroom/one-bath and 2 two-bedroom/ one-bath units. All units are completely remodeled with new wood laminate flooring, custom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, and modern lighting and fixtures throughout. The property also features 5 garages (a total of 10 parking spaces), a community courtyard with BBQ and dining facilities, drought- tolerant landscaping and modern outdoor lighting. 500 Junipero Avenue offers an investor the opportunity to own a completely remodeled, turn-key asset in one of the most sought- after rental markets in Long Beach. The area surrounding Rose Circle Park is known for its enclave of desirable 1910-1922 Craftsman bungalows. It has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, homegoods, art antiques and skateboards; as well as locally-owned restaurants, coffee shops and wine bars.
500 Junipero Avenue
Long Beach, California
  • 6,160 SqFt
  • 0.142 Acres
415 - 417 East 20th Street is a 14-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. The 8,946 gross square foot property consists exclusively of two-bedroom cottages and offers amenities including gated entry, single-story construction, on-site laundry, and garage parking. In addition, the property’s strategic location in close proximity to Pacific Coast Highway and Interstate 710 provides residents with convenient access to local and regional employment centers.
415 20th Street E
Long Beach, California
  • 8,946 SqFt
  • 0.400 Acres
3117 E. 6th Street is a 9-unit investment opportunity in popular Eastside Long Beach, just two blocks from Fourth Street/ Retro Row. The property offers a desirable mix of (2) one-bedroom/one-bath units and (7) two- bedroom/one-bath units. All units have been completely renovated with new wood- style flooring, quartz countertops, Shaker- style cabinetry, stainless steel appliances and designer fixtures and hardware throughout. The building also features community BBQ and dining facilities. The Eastside location gives tenants walkability to Fourth Street/Retro Row shops, eateries, and boutiques. This property provides an excellent opportunity for a buyer to own a completely turnkey asset in a highly sought-after submarket. The area surrounding Rose Circle Park, known for its enclave of desirable 1910-1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, homegoods, art antiques and skateboards as well as locally-owned restaurants, coffee shops and wine bars.
3117 6th Street E
Long Beach, California
  • 6,706 SqFt
  • 0.149 Acres
Excellent Rose Park location, close to Retro Row, Belmont Heights and Alamitos Beach. Extensively renovated property including newer roof, windows, electrical panels, controlled access, exterior refresh, landscaping, common areas, and lighting. 4 out of 10 unit interiors with deluxe upgrades including modern kitchens and bathrooms. Stabilized asset at a 4.3% cap rate on actual rents, plus an additional 5% upside to income. 4 garages plus 4 off street parking spaces. Community laundry facility for extra income. Great unit mix with 4 two bedroom units and 6 one bedroom units. Very close to trendy Retro row with vintage stores, gastropubs, and cafes.
2823 7th Street E
Long Beach, California
  • 6,360 SqFt
  • 0.161 Acres
30 Belmont Ave.,  is an 8 unit apartment building, was built in 1948. The unit mix is comprised of Seven 1BR/1BA Units & One 2BR/1BA Units.  

Please Note: 30 Belmont Ave. is listed for sale with 40 Belmont Ave., which is located directly next door.  40 Belmont Ave. has 6 units and is a single story property.  The properties may be purchased together or separately.
30 Belmont Avenue
Long Beach, California
  • 4,196 SqFt
  • 0.073 Acres
1054 Belmont Avenue is an 8-unit multifamily investment property located in Long Beach, one of the premiere housing markets in Southern California. Situated on a 0.14-acre lot, the 5,844 square foot property consists of two-bedroom floor plans averaging 730 square feet. Built in 1988, the property offers amenities including gated pedestrian and vehicle access, gated covered parking, private balconies, and on-site laundry. 1054 Belmont Avenue is located under 2 miles from California State University, Long Beach, the third largest campus in the 23-member California State University system. The university enrolls over 33,000 students annually and is a major local economic driver, generating a $1 billion impact on the regional and statewide economy each year. 1054 Belmont Avenue is located approximately half a mile east of the Belmont Shopping Center, a 112,302 SF retail center anchored by Food 4 Less and Rite Aid. The property is also located under a mile from major retail centers at the Long Beach Traffic Circle.
1054 Belmont Avenue
Long Beach, California
  • 5,844 SqFt
  • 0.140 Acres
105 Roswell is a prime 8 Unit property located in the Belmont Shore area of Long Beach.  constructed in 1943, this 3story building has great curb appeal with a unit mix of 2 Studios, 3 One-Bedroom & 3 Two-Bedroom, 1.5 Bath units.  All Tenants are Month to Month & pay their own utilities. Some units have laundry hook-ups, fireplaces, balconies & ocean views.
This property is just 1 short block walk to Ocean Blvd., the sandy shoreline, Rose's Dog Beach, Belmont Plaza Pool & Belmont Pier.  Von's and the iconic mainstay Chuck's Coffee Shop & Diner are just a few blocks away.
105 Roswell Avenue
Long Beach, California
  • 5,361 SqFt
  • 0.071 Acres
CASH COW AND ADDED VALUE PROPERTY.  By reviewing the rent rolls a Savy Investor will discover extremely high Gross Scheduled Income and a very favorable low Gross Scheduled Margin.  This 13 unit listing sits on 2 side-by-side parcels and is being sold as one purchase. 1233 Daisy has 9 units and 1245-1247 Daisy has 4 units and as a result, the new owner will be buying a city block. This can be well seen in the Drone Video Virtual Tour. Each parcel has its own separate courtyard that is enjoyed by the tenants and a 1 community laundry room that provides extra income.  The two properties have been modified to blend together for easy management. The entire complex has a very low vacancy rate due to the quality of the building condition and is located close to Long Beach's major transportation corridors. Property has been professionally managed to maintain high maintenance  standards and low tenant turnover
1233 Daisy Avenue
Long Beach, California
  • 5,682 SqFt
  • 0.101 Acres
Two Story 10 plus 1 non-conforming unit apartment complex in the heart of Downtown Long Beach. 

5 Junior 1 Bed 1 Bath 
5 Studios 
1 Larger Non Conforming 1 Bedroom 1 Bath 

Long Term ownership with rents below market, approxiamately 35% 
Long Beach is NOT  subject to rent control

*Part of a 6 Building, 58 Unit Portfolio*
227 Lime Avenue
Long Beach, California
  • 3,424 SqFt
  • 0.086 Acres
Combining Waterfront Lifestyle and Investment!  Huge Owners Penthouse with FANTASTIC BAY VIEW AND PEEK-A-BOO OCEAN VIEW!!! Let your tenants make your payment and then retire on the income from the 4 apartments! Only steps from the Bay, Yacht Club or the Beach!  Paddle your Kayak or Paddle Board through Naples Canals & Alamitos Bay and Stop for Brunch at 'Schooner or Later', or Refreshments at Ballast Point, The Boat House or The Crab Shack. Surf, Paddle, Kite Surf or Enjoy Amazing Sunsets on the Uncrowded Beach!  Enjoy the Eclectic 2nd Street Shopping and Night Life too! Easy to Rent!!!  Great Cash Flow Investment with a possible $6300/mo coming in from the 4 Units, and a possible $3,800 from the Penthouse!  Occupants share/pay 100% of ALL Utilities!  63 65th Place-1705 sqft Penthouse $3,800/mo., 65-795 sqft-1 bedroom $1800/mo. 65A-425 spft-Studio $1,200/mo.,  65B-510 sqft-1 Bedroom $1,650/mo., and 65C-555 sqft-1 Bedroom $1,650/mo for a Total of 4,010 sqft and over $10,000/Mo .  If Owner lives in Penthouse, income is still great at $6100/mo.  Close to freeways, shopping, restaurants, and entertainment!
63 65th Place
Long Beach, California
  • 4,000 SqFt
  • 0.055 Acres
Belmont shore is the jewel of Long Beach, and 144 Ximeno is at the heart of it.  This property is just a short block walk to Ocean Blvd., the sandy shoreline, Rose's Dog Beach, Belmont Plaza Pool and the Belmont Pier.  Von's and the iconic mainstay Chuck's Coffee Shop & Diner are just a few blocks away.
144 Ximeno Avenue
Long Beach, California
  • 3,646 SqFt
  • 0.062 Acres