90813 Investment Properties

Featured 90813 Investment Properties

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
1505 East 11th Street, a 21-unit apartment building in Long Beach, California. The property is located in a dense rental area of Eastside Long Beach south of Anaheim Street and between Hoffman and Walnut avenues.  This offering presents a great opportunity for an investor to acquire an asset in good condition in a strong rental market and capture huge potential upside in rents.
The property consists of a 1964 construction building with two two-bed/one-bath, nine two-bed/one-and-one-half-bath, seven one-bed/one-bath and three studio units. The units are separately metered for gas and electricity, and the building also offers income-generating on-site laundry and garage parking.
1505 East 11th Street has been well-maintained and boasts recent improvements that include updated copper plumbing, a new mainline, new gutters, new exterior lighting, a newer roof (replaced within the past five years), and the exterior was recently repainted.
1505 11th Street E
Long Beach, California
  • 13,924 SqFt
  • 0.234 Acres
Turnkey asset, fully renovated, operating just below a 5% Cap. 1106 Pacific Ave. is a beautiful, 12-unit asset in Downtown Long Beach made up of (10) 1-bed/1-bath and (2) 2-bed/1-bath units.
The property was completely remodeled in 2019 with all new gas and sewer lines, new electrical, new flooring, and brand-new kitchens and bathrooms. The exterior of the property was fully re-painted as well as beautifully landscaped with all new flower beds and new turn. 1106 Pacific Ave. comes with (6) garages as well as an on-site laundry room, providing room for additional income. Every unit is currently receiving near top of the market rents, providing stable cash flow for the new owner.
This is the perfect opportunity for any buyer or exchange buyer looking to own a pristine, stabilized, cash flowing asset in the rapidly growing city of Long Beach. Do not miss out to own a piece of one of Southern California's last affordable beach communities.
1106 Pacific Avenue
Long Beach, California
  • 8,203 SqFt
  • 0.172 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
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
1470 Elm Avenue is a 10-unit investment asset with all two-bedroom units, located in a rapidly up-and- coming neighorhood near exciting new developments. The building's roof and windows were replaced in the past five years and nine of the ten units have been upgraded with vinyl plank flooring, paint and counter tops. The property also offers parking and controlled access. Offered at a 4.94% cap rate on actual rents, 1470 Elm Avenue provides an attractive opportunity for an investor to own an asset with 12%+/- rent upside potential in a quiet downtown Long Beach-adjacent neighborhood. This area is beginning to benefit from the large amount of capital flooding into Long Beach. As renters move inland from Downtown Long Beach and beach areas, renter demographics are changing in the surrounding areas. Exciting new developments are taking place within just a few blocks from the property.
1470 Elm Avenue
Long Beach, California
  • 6,678 SqFt
  • 0.174 Acres
Power Brokers International is proud to present this well maintained, gated, 9 unit apartment building with excellent cash flow, located at 1080 Hoffman Avenue in Long Beach, CA.  100% Occupancy, all 1 bdrm, 1 bath units, w/copper plumbing, tiled floors throughout, upgraded electrical, separately metered for gas/electric, new paint, gutters, with 6 parking spots, (3 garages & 3 spaces), and/or storage.  As well, as a laundry room, currently not in use. Monthly Rental income is: $11,605 + $450 Parking Income = Total Monthly Income of $12,055, w/upside of $25 for each parking space and garage. Close to restaurants, coffee shops, walking distance to schools, libraries and parks.  Minutes away from major freeways for quick access to LA and Orange County.  This property gives investors an opportunity to acquire a building with add value in a growing, progressive area of downtown Long Beach, adjacent to the highly desirable rental sub-market of Cambodia Town.  Sold as is.
1080 HOFFMAN Avenue
Long Beach, California
  • 5,784 SqFt
  • 0.160 Acres
Prime 1960's construction 9 unit apartment building! This property has a great unit mix consisting of : 6- 2bed/1bath, 2- 3bed/1bath and 1- 1bed/1bath. Long term tenants with tons of upside in rents! 5 garages plus an additional 4 slanted parking spaces totaling 9 parking spaces! Building was completely repainted 6 months ago. A new pitched roof was put on in 2017. All units have tile flooring throughout and tile kitchen counters. All Electric building separately metered to keep expenses low. Great investment opportunity!
1332 Walnut Avenue
Long Beach, California
  • 6,892 SqFt
  • 0.150 Acres
Huge 6,613 square foot adobe style 8 unit building. Unit mix consists of (5) 1-bed/1-bath and (3) 2-bed/1-bath units. The units feature a mixture of hardwood floors, spacious dimensions, and various vintage built-ins and finishes. The building captures the essence of an ideal multifamily investment with great cash flow in an ideal rental market.
544 15th Street E
Long Beach, California
  • 6,613 SqFt
  • 0.142 Acres
We are pleased to present a six-unit multifamily community located in the excellent rental market of Downtown Long Beach, California. Built in 1931, the property has approximately 5,212 rentable square feet on an 8,212-square foot lot. Located on a quiet street, the building has a great unit mix of two studios, two one-bedroom / one-bathroom units, and two two-bedroom / two-bathroom units. The subject property has ample parking for tenants convenience.
 
The property is within a short distance to the hub of tourism, business, and transit that is Downtown Long Beach. This is a rare opportunity to acquire a quality, pride-of-ownership asset in this outstanding rental market and would make a great addition to any investors portfolio. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment of $3.3 billion. An example of this large-scale redevelopment is the Long Beach Civic Center, which is estimated to be completed late 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.
836 Linden Avenue
Long Beach, California
  • 5,212 SqFt
  • 0.180 Acres
This 4 unit apartment complex has three 2 bed 1 bath, and one 4 bed 2 bath apartments.  All units have laminate wood flooring.
1415 Locust Avenue
Long Beach, California
  • 3,833 SqFt
  • 0.087 Acres
This newly renovated 6 unit building is a strong investment opportunity. Located in the North Alamitos Beach neighborhood of Long Beach, all 6 units were completely remodeled down to the studs and have new floors, kitchens, countertops, bathrooms, appliances and laundry inside. Each unit is a 1 Bed, 1 Bath with all the quality finishes pictured here. Included are 4 rent-producing garages with new garage doors and fresh paint throughout. This is a great income property currently operating at a Cap rate of 5.4% and reliable occupied tenants with long term 12 month leases. Property is a short drive from a robust downtown area with shopping and theaters, Alamitos Beach, the historic Queen Mary, the convention center, colleges, golf courses and freeways. Please do not disturb tenants. Contact agent for showings. Thank you!
1130 Hellman Street E
Long Beach, California
  • 2,640 SqFt
  • 0.136 Acres
Come see this Investment Opportunity in the Drake Park/Willmore City Historic District. The main home, which has the address of 1166 Magnolia Ave, is a Craftsman Home, is detached and has 2 bedrooms downstairs and 2 upstairs. The home has been updated with new paint inside and out, floors, kitchen and bathrooms. Behind the home there is a private back yard. There is a fence that separates the front and back and a 2 car detached garage in between. The back units have also been updated and are accessed via a back driveway that is shared with the neighbors, via Loma Vista Drive. The downstairs is a 2 bedroom unit and there are 2 one bedroom units upstairs. This property is great for investment by renting it all out or living in the front house and renting the back 3 units. For the investor, note that the renovation involved significant investment in new electrical and plumbing, thereby bringing down your expense ratio. Check the supplements for information on Fair Rents according to the Housing Authority for the City of Long Beach for their Section 8 program. Also, please note: the property is located in an Opportunity Zone that confers tax benefits to the owner, from capital gains tax deferral, to the elimination of capitals gains tax entirely, if held for the appropriate length of time. Along with interest deductibility and depreciation allowance, the cost of ownership is significantly lowered.
1228 Loma Vista Drive N
Long Beach, California
  • 2,858 SqFt
  • 0.118 Acres
HUGE 4 unit building that was originally a 6 unit building!!! The FRONT building has two (2) GIANT 4bedroom + den (possible 5th bdrm)/ 2 bath townhouse style (2 levels) units with 2 living room/ 2 dining areas. The FRONT building (approx 4,208 sqft per tax) used to be 4 units- 2 lower units & 2 upper units- Now, the lower unit and upper unit have been combined into 1 unit therefor making 2 units vs 4. At the REAR of the property is a 2nd building (approx 1,104 sqft per tax) with 2 units, each have 1bd/1ba over the 4 deep single car garages (approx 23ft by 8 ft). There is additional space on the driveway for additional parking. One of the 4bdrm + Den units has a newer kitchen + some other upgrades- see photos. Newer windows. Tons of potential. The faces of both buildings have been freshly painted. Great location- Conveniently located right by the Metro Blue line, and also near Roosevelt Elementary school, LB Polytechnic High School, Long Beach City College, the 710 & 405 freeways, downtown and much more.
357 17th Street E
Long Beach, California
  • 5,312 SqFt
  • 0.154 Acres
The Cedar Avenue Apartments is a six-unit multi-family community located in the City of Long Beach. Located at 1044 Cedar Avenue, this investment presents a stable, low expense, turn-key opportunity with a 6.25% CAP Rate and 11.70% total return on current income.
 
The building is comprised of (1) large, four bedroom/ two bathroom house, (2) two bedroom/ one bathroom units, (2) one bedroom/ one bathroom units, and (1) large, 1,000 square foot two bedroom/ one bathroom non-conforming unit. The property also offers amenities including an on-site laundry facility, gated yard, and ample on-site parking. The plumbing and electrical has also recently been updated. 

The City of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach Port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The Long Beach market has enjoyed strong rental growth and growing tenant demand over the past few years.
1044 Cedar Avenue
Long Beach, California
  • 4,744 SqFt
  • 0.171 Acres
Great investment opportunity where your strong tenant base is very conveniently located within minutes of local neighborhood restaurants, shops, Rose Park, Carroll Park, Alamitos Beach, bike paths, downtown, 4th Street 'Retro Row' and Belmont Shore. The beach is within about 10 minutes!!! Very convenient to transportation, freeways and California State University Long Beach. Each spacious 1 bedroom unit has washer/dryer hook-ups. Two upstairs units have their own balcony to enjoy. Building has been professionally managed by a prominent local management company since 2013.
1833 8th Street E
Long Beach, California
  • 3,040 SqFt
  • 0.067 Acres
WELL KEPT SPANISH FOURPLEX IN LONG BEACH. RENOVATIONS MADE IN 2003. ROOF, UPDATED COPPER PLUMBING & ELECTRICAL, STUCCO, SLATE TILE ON EXTERIOR OF BLDG. SOME NEW WINDOWS. ALL UNITS ARE OCCUPIED.
1408 WALNUT Avenue
Long Beach, California
  • 3,538 SqFt
  • 0.113 Acres
90% upside in rent!  Excellent 3 units in the quickly appreciating area in Long Beach!  Located on a large corner lot, consists with 2 buildings. One is a SFR with 4 bed/1 bath, another building is a duplex with 2 bed/1 bath in each unit. Top-maintained turn-key condition with low operating cost.  All units are separated metered in gas & electrical meter and w/ individual water heaters. Updated with electrical, sewer, copper plumbing, & double pane windows.  All kitchens have new Quartz countertops.  8 private tandem parking spaces are very valuable in this neighborhood.  Each unit has security door and security bars. Fully fenced with wrought iron gates.  Duplex has a 600 sq ft basement for storage space.  Convenient access to the 710 freeway, minutes from the Ocean, Queen Mary, Downtown long Beach, Aquarium of the Pacific, convention center, etc.  This is a high demand area and a prime rental location.  The Long Beach Port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs.  The Location, the turn-key conditions, the rare found ample parking, & the huge upside in rent - all factors make this a very desirable income generating asset.  Please note, the property is located in Opportunity Zone that offer tax incentives for investment property owners. A true investor’s delight.  DRIVE-BY ONLY.  Please do not disturb tenants.
1215 Daisy Avenue
Long Beach, California
  • 2,726 SqFt
  • 0.163 Acres