90802 Investment Properties

Featured 90802 Investment 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
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
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
125 Cherry Avenue is a 9-unit investment opportunity in prime Alamitos Beach, just two blocks from the ocean. The property offers a desirable mix of (2) studio units, (6) one-bedroom/one-bath units and (1) two-bedroom/1.5 bath unit. All units have been renovated with hardwood and wood-style luxury plank flooring, quartz countertops, Shaker-style cabinetry, stainless steel appliances and designer fixtures and hardware. Additional building features include secure, gated entry, bike storage racks, and a modern community BBQ/dining/entertainment courtyard. The Alamitos Beach location gives tenants close access to outdoor activities at Bixby Park and amenities at Fourth Street/Retro Row. This property provides an excellent opportunity for a new investor to own a turnkey asset in a submarket that commands rents that are approximately 19% higher on average than other Long beach neighborhoods. Nestled between downtown Long Beach and Belmont Shore is the charming, popular coastal neighborhood of Alamitos Beach. The area is within minutes of the best that Long Beach has to offer. Residents can walk to the wide sandy beach, bike path and volleyball courts, as well quaint bars and restaurants along the Broadway Corridor and trendy shops, restaurants and bars on Fourth Street-Retro Row. The area is also adjacent to booming Downtown Long Beach and its multitude of employment opportunities.
125 Cherry Avenue
Long Beach, California
  • 5,870 SqFt
  • 0.116 Acres
1010 E 2nd Street is located in the prime Alamitos Beach area. This is a 1920's building with charming built-ins and finishes. It consists of eight bright and airy studio units with light upgrades to the kitchens, baths and fixtures. There is storage space for tenants to lease, onsite laundry income (laundry machines are seller owned), and the building is separately metered for gas and electric. Investors have the potential to continue seller improvements and increase rents up to approximately 10%. Within close proximity to the subject property are the Long Beach Museum of Art, Bixby Park, Broadway Corridor and 4th Street/Retro Row.
1010 2nd Street E
Long Beach, California
  • 4,160 SqFt
  • 0.107 Acres
We are pleased to present 825 E Ocean at the corner of Ocean/Alamitos. Comprised of two 2 bed/2 bath units, one 1 bed and a studio, this trophy property is the gateway to the emerging Downtown Long Beach. The property offers tenants a vibrant lifestyle that includes an onsite courtyard and two garage spaces. Upgraded electrical and plumbing and unit renovations. We are offering a true 4.17% cap rate on Ocean Blvd.
825 Ocean Boulevard E
Long Beach, California
  • 3,750 SqFt
  • 0.094 Acres
1043 East Broadway, a well-maintained six-unit apartment building in Long Beach's popular Alamitos Beach neighborhood. The property boasts a great location just a third of a mile from the beach and conveniently near the numerous dining, shopping and entertaining opportunities in rapidly redeveloping downtown Long Beach.

The property consists of a 1923 construction building with six huge one-bed/one-bath units that average over 1,000 square feet. The units are separately metered for gas and electricity and feature recent upgrades such as granite countertops, and new sinks, showers, and toilets. Additionally, the electrical has been recently updated and the building has new copper plumbing. The property also offers a shared back patio, one single-car garage, and a storage space. 

This offering presents an excellent opportunity for an investor to acquire a well-maintained asset with a great location, highly desirable units and significant potential upside in rents.
1043 Broadway E
Long Beach, California
  • 6,552 SqFt
  • 0.095 Acres
1249 E. 3rd Street is a six-unit apartment investment opportunity located in the sought-after Long Beach neighborhood of Alamitos Beach.  Originally built in 1923 and extensively renovated in 2016, the property has been tastefully upgraded throughout, including new flooring, cabinets, quartz countertops, appliances, fixtures, and more.  The majority of the units offer outside patio space, and all units have on-site parking, a rarity for the area.  Tenants will also enjoy the close proximity to the beach, marina, Downtown Long Beach, and Retro Row, collectively offering the very best dining, retail, and recreation options in the city.  *Highly Sought-After Alamitos Beach Location, *Close Proximity to Retro Row, Downtown & The Marina, *Extensively Renovated Interiors, *On-Site Parking For Each Unit, *Stabilized Turn-Key Asset, *Near Perfect Walk Score of 88
1249 3rd Street E
Long Beach, California
  • 3,276 SqFt
  • 0.155 Acres
This Spanish Style 7 unit bldg. located adjacent to Retro Row at 1125 E Appleton Street. The bldg. has an excellent unit mix consisting of (1) Studio (non-conforming), (4) 1 -Bedrooms & (2) Large 2-Bedrooms. The 2-bedrooms feature their own laundry rooms along with kitchen dinettes, spacious formal living rooms and large decks.  All units are separately metered for gas & electric and the bldg. also offers (3) single car garages for added income. This is a true value-add opportunity with 26% rental upside that would offer a stabilized cap rate of 6.62%.
1125 APPLETON Street E
Long Beach, California
  • 4,520 SqFt
  • 0.190 Acres
We are pleased to present this Historical Spanish Colonial Revival duplex, spacious townhouse-style apartments one street off the beach. Each unit has many architectural details, such as beautiful wood floors, classic fixtures, faux fireplaces, arches, wrought iron and tile. Owners unit has 2 spacious bedrooms and 2 baths, one of the baths has a jacuzzi steam spa, also a private balcony. Other apartment is a spacious 3 bedrooms and 2 baths, and a private patio. Both apartments have an eat-in kitchen, as well as a separate dining rooms and living rooms and inside laundry. Parking is 3 garages plus 3 spaces on the apron. Garage storage area. There is an separate bonus space that could make a good office or storage. Easy walk to Downtown Long Beach, restaurants, shops and the beach. The Esser House is a Long Beach Historical Landmark and is protected under the Mills Act with tax savings. This beautiful residential income property was built by William Esser, a successful Long Beach builder whose work included the original Pacific Coast Club. It is a fine example of Spanish Colonial Revival architecture and a rare opportunity to own a piece of Long Beach history. Owner may consider financing options!
1001 1st Street E
Long Beach, California
  • 3,360 SqFt
  • 0.058 Acres
Rents increased $600, per month, new rental income of $5,650 will take effect in 60 days. Well located 4-plex in Alamitos Beach, 1/2 block from the beach and a few blocks from downtown Long Beach. The property is comprised of (4), large 1-bedroom/1-bath units. The rents are well below market and offer a new investor the opportunity to increase rents over 40% and immediately add value to the asset. These classic Spanish units come with hardwood flooring, spacious living rooms and dining rooms, original built-in's with extra storage. All the units are charming and in good condition. New roof in 2016!

The building is situated just steps from the ocean, but they are also adjacent to the $6 billion in new development coming to the surrounding area of Long Beach. That includes the $520 million Civic Center project, $250 million Queen Mary Island waterfront development, and $52 million Long Beach Aquarium expansion.
10 Esperanza Avenue
Long Beach, California
  • 3,440 SqFt
  • 0.053 Acres
1612 - 1618 E. Appleton Avenue is a 4-unit investment opportunity in prime Alamitos Beach, just blocks from the Ocean and Bike Path.
The building features spacious one-bedroom units, two of which have a bonus office rooms. The units have 1920's character and detailing, with hardwood flooring, crown molding, built-ins and ceiling fans. The building provides laundry income, is separately metered for gas and electric, and has a community outdoor patio. This property provides an excellent opportunity for an investor to own an easily manageable asset with 22%+/- upside potential just blocks from the beach in the most desirable rental market in Long Beach. Nestled between downtown Long Beach and Belmont Shore is the charming, popular coastal neighborhood of Alamitos Beach. The area is within minutes of the best that Long Beach has to offer. Residents can walk to the wide sandy beach, bike path and volleyball courts, as well quaint bars and restaurants along the Broadway Corridor and trendy shops, restaurants and bars on Fourth Street-Retro Row. The area is also adjacent to booming Downtown Long Beach and its multitude of employment opportunities.
1612 Appleton Street E
Long Beach, California
  • 3,180 SqFt
  • 0.095 Acres
This great four unit building has been meticulously cared for and includes recent complete copper plumbing, upgraded electric and fixtures, newer appliances and simple landscaping to give the future owner years of low maintenance and trouble free income.  There are (2) 2BR. 1BA units and (2) large 1BR 1BA units, all with individual laundry room including washer/dryer (tenants love this).  The units are large, over 800 square feet. Each unit includes  ceiling fans throughout, (one in each bedroom and family rooms) newer flooring, stove, refrigerator, washer, and dryer.  The two upstairs units also have private balconies. There are also two garages two open parking spaces.  Rent are under current market potential for Alamitos Beach - one of the hottest markets in Long Beach at  $78480 ($6540/mo.) with market rent at $91,500 (7625/mo.).  THAT'S A GRM OF ONLY 12.8!
Unit 1237 is being left vacant for viewing  -  is available M-F 9 -4 and  it is beautiful!
The property is  located close to beach access, the convention center, restaurants, shopping, performing arts center, all kinds of entertainment, the courthouse, businesses and public transportation.
1235 Broadway E
Long Beach, California
  • 3,308 SqFt
  • 0.074 Acres
DRIVE BY ONLY, SUBJECT TO INSPECTION. TENANTS ARE NOT AWARE OF THE SALE.  This Craftsman duplex is two unattached units located near Alamitos Beach area. The front unit (3 bedrooms/1 bathroom) rents for $2038/mo and has a large front porch, a newer kitchen and tiled flooring. The rear unit (1 bedroom/1 bathroom) rents for $1,159/mo also has tiled floors, a newer kitchen, separate washer/dryer hookups. Both tenants have resided for more than three years.
512 Almond Avenue
Long Beach, California
  • 1,490 SqFt
  • 0.097 Acres
Clean, updated duplex in the Downtown area of Long Beach. Just blocks from Ocean Bl., the Pike, Aquarium, Pacific Ocean, the Beach, Restaurants, and Shopping.   Completely remodeled inside and out, Granite Counters in kitchens, Vanity cabinets in bathrooms, Crown molding throughout, laminate flooring in all rooms tile floors in kitchens and baths. Two individual, attached garages, one with direct access to one of the units.  Ample extra parking off-street, as well. Fully fenced with a security wrought iron gate.
514 Daisy Avenue
Long Beach, California
  • 948 SqFt
  • 0.058 Acres
Three units in this building for sale as a package.  Yes, you get all 3 units for one low price!  Two Studios and One 1-bedroom.  Well maintained building with very low HOA fees that are paid quarterly.  Rents have some room for improvement. Make an offer today for this awesome deal.
619 Cedar Avenue
Long Beach, California
  • 1,536 SqFt
  • 0.172 Acres