Eastside, Long Beach, CA Investment Properties

Eastside, Long Beach, CA Homes for Sale

About Eastside, Long Beach, CA Investment Properties

Eastside is a commercial district in the eastern portion of Long Beach, California located west of Park Estates. The area is a home to various business centers and establishments including different shops and restaurants where residents can spend their leisure time shopping and dining. Several recreational parks in the community are also accessible for locals to relax and bond with their loved ones outdoors. The district also houses the Museum of Latin American Art in the southwest side, adjacent to Recreation Park 18 Golf Course in the west side, both cater those who are fond of arts and sports for entertainment.

Real estate in the district of Eastside consists of low-rise apartment buildings and single-family homes. The properties in this area are mainly older home models built in the early years of the region. Moreover, houses in Eastside include garage parking, lawn or garden, kitchen, and comfortable living room. These properties are ideal for those who are looking for a residence with multiple bedrooms and bathrooms. Eastside offers several house options for individuals and families that have budget preferences, and are interested in purchasing a property in Long Beach, CA.

Notable Locations:

Orizaba Park
Rose Park
Museum of Latin American Art
Recreation Park 18 Golf Course

School Information:

Willard Elementary School
Thomas Jefferson Middle School
Woodrow Wilson High School

Listings in Eastside, Long Beach, CA Investment Properties

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
We are pleased to present an outstanding multi-family opportunity located in the prime Bluff Heights area of Long Beach.  Built in 1963, the property consists of approximately 8,688 square feet set on a 7,418 square foot lot. The subject property is comprised of one one-bedroom/one-bathroom unit, one 2-bedroom/2-bathroom unit and nine 2-bedroom/1-bathroom units. Many of the units have newer hardwood floors and all have been very well maintained with many upgrades.
Located in Bluff Heights, the subject property is just walking distance to the outstanding retail corridors of Broadway and Second Street, which are both home to many casual and fine dining restaurants, storefront retail shops and various business of the area. Furthermore, with a "walk score" of “90" and is deemed "very walkable, where most errands can be accomplished on foot." This is truly a unique opportunity to acquire a quality, value add, true pride of ownership asset in this outstanding rental market and would make a great addition to any investor's portfolio. The city of Long Beach continues to progress forwards and is currently experiencing major redevelopment of $3.5 billion. An example of this large-scale redevelopment is the Long Beach Civic Center, which completed late 2019.
394 Coronado Avenue
Long Beach, California
  • 8,688 SqFt
  • 0.171 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
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
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
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 37,000 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
Great investment opportunity for a pride of ownership building on the edge of popular Belmont Heights that offers residential living within walking distance to the ocean, beach, restaurants and shopping. This 5 unit building offers a desirable mix of: (2) large 3 bedroom units, (one with 1.5 baths and the other 3 bedroom with 1 3/4 baths), and (2) 2 bedroom, 1 bath units and (1) 2 bedroom, 1.5 bath unit. The larger 3 bedroom units and 2 bedroom, 1.5 bath unit are upstairs, all offering good size bedrooms and closets. The building offers large units with a total sq. ft. of approx. 5,200 and the bonus of 7 one car garages (all walled and separate)- 3 garages in front and 4 garages in rear alley. Community laundry room with bonus owner storage. Exterior of building was painted a little over one year ago. Upgraded copper plumbing lines in most of the building. This is an excellent opportunity to acquire a quality portfolio asset in a great location with true rental upside and stable return. Tenants are all month to month. The coastal area of Long Beach currently enjoys high occupancy rate, offering a unique opportunity for investment in one of the more affordable and desirable coastal cities in Southern California.
746 Termino Avenue
Long Beach, California
  • 5,219 SqFt
  • 0.130 Acres
1065 Redondo Avenue, a seven-unit* Spanish-style apartment building in Long Beach, California. With huge unit sizes, a desirable Eastside Long Beach location, and 19 percent potential upside in rents, this offering presents an excellent investment opportunity.
The property consists of two buildings that offer six one-bed/one-bath units and a non-conforming studio. All units have hardwood floors and are separately metered for gas and electricity. Four of the one-bedroom units are huge at 1,000 square feet each. One unit has a patio, French door entrance and a 10-foot vaulted ceiling, one unit has an open beam ceiling in the living room, and one unit has nine- to ten-foot tall ceilings. The property also features copper plumbing, a shared patio, on-site laundry, two surface parking spaces, and five small single-car garages currently leased as storage spaces. 
1065 Redondo Avenue is located in Eastside Long Beach just south of Anaheim Street and within easy walking distance of a major grocery store and several retail and dining options (WalkScore: 89). This area is a strong rental market where over 77 percent of housing units within one mile are renter-occupied.
1065 Redondo Avenue
Long Beach, California
  • 4,464 SqFt
  • 0.144 Acres
Excellent opportunity to own a 4-plex apartment building (statewide) in the heart of Long Beach, 
CA. Close to Long Beach State University, 10  minutes to the beach, minutes away to the Veteran's 
hospital, and close to freeways. A great value complex. All units have been refurbished in 2017. 
Unit 1 offers appox 1800 sqft., 3 Bed/2 Bath, fireplace, and 2 car detached garage. Unit 2 offers 
1100 sqft,, 2 Bed/ 1 Bath, and 1 car detached garage. Unit 3 offers 1395 sqft,, 2 Bed/ 1.5 Bath, 
and 1 car detached garage. Unit 4 offers 1395 sqft,, 2 Bed/1,5 Bath, and 1 car detached garage. See 
current rent schedules. Tenant paid community laundry. Tenant pays own electric and water. Trash 
and sewer is added onto tenant's rent. All electric units, no gas. Wall heaters, some celling fans, 
and roof is in good condition.
437 Newport Avenue
Long Beach, California
  • 4,605 SqFt
  • 0.155 Acres
Remodeled CASH COW Quadraplex in the highly desired Rose Park! The front unit is a 3 bedroom, 2 bath with fireplace, large living room, in-unit laundry, and a 2-Car garage.  The other remodeled units are all 2 bed, 2 bath with a 1 car garage parking.  All units have desirable, spacious bedrooms.  There is a community laundry room for units without laundry and backyard to relax and even entertain. There are 4 separate electric and gas meters, and 1 water meter. The property sits on a beautiful and well-manicured street with mature trees.
774 Obispo Avenue
Long Beach, California
  • 4,191 SqFt
  • 0.149 Acres
Welcome to 434, 436 and 438 Newport Ave in the RED HOT Belmont Heights area of Long Beach. GREAT OPPORTUNITY for rental income with high demand and increased rents in the area. 434 Newport sits as the main house which includes 3 bedrooms, 2 bathrooms, and a spacious floor plan. The rear units at 436 and 438 Newport are also expansive, each including 2 bedrooms and 2 bathrooms. All 3 units have been upgraded and remodeled to perfection with restored original hardwood floors, upgraded kitchens and appliances, beautifully remodeled bathrooms, all new electrical and plumbing and enough parking for all units! All while maintaining the historic charm of the property. Live in one and rent out the other two units! This gorgeous triplex Craftsman is ready for its new owner.
434 Newport Avenue
Long Beach, California
  • 3,200 SqFt
  • 0.155 Acres
LARGE 4-Plex Townhouse style 2 bd/ 1.5ba units in a well maintained building in one of the best areas of Long Beach -- around the corner from Retro Row and just a few blocks from the beach. Great current rents, however still well below market value with additional upside potential. Market CAP rate of 5.6% and GRM of 13.8. 
Two of the units have been updated and have granite counters in the kitchen and bathrooms. New double pane high- efficiency windows were installed in every unit just last year.
Includes 5 GARAGE SPACES that could easily be rented for $150 per space for additional income, bringing CAP rate to over 6.3%
Each unit separately metered for gas and electric. Low operating expenses for owner.
Excellent buy for any owner-occupier or investor.
2122 6th Street E
Long Beach, California
  • 3,840 SqFt
  • 0.122 Acres
Beautiful Rose Park Bungalow! Beautiful 2 Bedroom, 1 Bath House in Front with Wood Burning Fire Place, Hardwood Floors and Beautiful Newer Vinyl Fencing. Property Newly Painted exterior, New Doors, Newer Vinyl Windows in all of property. 2 Apt Units in Rear of property. A 1 bedroom up and a 1 Bedroom down. Remodeled upstairs unit. 1 Completely Remodeled Non Permitted Studio behind garage with own yard. Rent-able space or use for Mother-in-Law or extra bedroom. New Landscaping all of Property. New wood fencing. Fully occupied units with near top rental rates Off Street Parking for 5 Cars. 1031 Exchange. Offering $20k roof credit for roof replacement.
825 Obispo Avenue
Long Beach, California
  • 2,238 SqFt
  • 0.155 Acres
Duplex located in the historic Rose Circle Park. Great opportunity to live in one unit, while the second unit is currently producing income. First unit features a spacious floor-plan. Large living room with original hardwood floors, a cozy gas fireplace and skylight. 2 bedrooms, 3 bathrooms 1,486 sqft. Second unit features large living room with fire place and cove ceilings, 2 two master en-suites, 2 bathrooms 1317sqft with amazing views of Rose Park. Short distance to Shoreline Village, Belmont Shore, Downtown with great walkability to 4th street Retro Row for shopping, restaurants and entertainment.
810 Orizaba Avenue
Long Beach, California
  • 3,081 SqFt
  • 0.101 Acres
Duplex located on prime elevated lot in spectacular Belmont Heights . Back, main home boasts 3 bedrooms, 2 bathrooms with rustic 1950's cottage style feel, while the front house is a simple, modern two bedroom, one bath. Larger home is two stories with hardwood floors through-out. Living area has old brick wood burning fireplace with authentic wood panel walls. Adjacent to living area is a family room for added entertaining space. Darling retro kitchen with charming tile floors, vintage appliances, walk-in pantry (with barn door), and breakfast bar. Second floor has master bedroom with adjoining office area. Master has Lagoon views and tons of natural light. Two additional spacious bedrooms plus Large bathroom with double vanity and old school laundry chute. Over-sized 2 car garage plus laundry for use of main home. The two bedroom house has open floor plan with newer wood floors. Extremely turn-key and perfect for the fussiest mother in law or fantastic rental. Both units have been upgraded with new plumbing and air conditioning.  Short stroll to Belmont Shore local eateries and shopping, Marina farmers market, concerts in the park, plus much more!
373 Park Avenue
Long Beach, California
  • 2,389 SqFt
  • 0.155 Acres
Property's address is 1021-1023 Bennett Avenue. Walking distance from Woodrow Wilson High School and a short drive to Cal State Long Beach. There are two buildings on the lot, with a 4-bedroom, 2-bathroom front house and a 2-bedroom, 2 bathroom apartment building in the back. Property has 3-car enclosed garage located in the ground level of the apartment building. The driveway on the side of the house can accommodate at least 3 more cars. There is also a community laundry room and a courtyard for the residents. Property has been updated, with new paint and flooring. It is ideal for homebuyers looking for a property, where you live in one unit - the house - with an income generating apartment building in the back. Also an excellent investment opportunity. The house can also be rented out, per room, to Cal State Long Beach students to maximize income. This is a must see!
1021 Bennett Avenue
Long Beach, California
  • 2,448 SqFt
  • 0.134 Acres
Gorgeous Corner lot duplex right in the heart of Belmont Heights! Fantastic opportunity to live in one and rent out the other.  Great property layout with garages separating units, ideal for privacy.  Two bedroom 1 bath unit opens to fenced in tranquil courtyard with fountain.  Amazing layout with light and bright kitchen, and spacious bedrooms with closet world closets.  Glass windows and doors have UV coating to bring in light while still keep unit cool on warm days.  Two Story second unit boasts large living room with fireplace, two good sized bedrooms downstairs and two baths.  Upstairs has a large den currently being used as an office that leads to a large Master bedroom with en suite!  Great upstairs sun deck that spans the length of the master with views of the heights.  Close to Second Street, award winning schools, and Cal State LB.
4433 3rd Street E
Long Beach, California
  • 2,325 SqFt
  • 0.097 Acres
This is a gem in the desirable area of ROSE Park, with UPSIDE in rents. Analysis is based on modest proforma-  $7050/mo, $84,600/year, under 13.3x GRM potential (one garage currently incl w 2bd, long term tenant but all garages could be rented separately).  Tenants pay electric and gas, so costs can be very low on this one. This is a 4- unit property with a great layout, four garages and lots of off-street parking, plus a space for the perfect office or gracious storage (an additional income source), plus laundry room (additional income source).   All this is the perfect mix of 3bd, 2bd, and 2 studios that sit  in the air over four garages with windows galore (very desirable).    NOTE:   The Assessor data is incorrect, this is only a four unit property and has been easily financed in the past as a 1-4 unit, there are NOT 5 units here.
915 Temple Avenue
Long Beach, California
  • 2,638 SqFt
  • 0.166 Acres
The curb appeal of East 10th Street boasts a wonderful opportunity for both tenants and owner alike.  This 4 unit apartment building, consisting of all one-bedrooms is ideal for any tenant, thus offering an owner the opportunity to achieve market rents in the neighborhood. The upside can be seen with the incredible marketable location and the property offering any investor a great sum of wealth accumulation through asset appreciation. This upside, along with the area's continuous growth in rent and developments, makes this a fantastic opportunity in the ever-growing Long Beach Market.  Sitting just north of Belmont Heights and just east of Rose Park - this is prime Long Beach location.
3506 10TH Street E
Long Beach, California
  • 2,792 SqFt
  • 0.090 Acres
Excellent Opportunity to purchase a Duplex in BELMONT HEIGHTS where each unit is a remodeled three bedroom, two bath unit with laundry hookups in each unit. There are also three single car garages with easy access along with driveway parking. The duplex was built in 1974 with one unit on the first floor and the other unit on the second floor. Gross rents are $5,100 and ProForma rents are $5,500. This property has had almost zero vacancies for the past 3+ years and is a very easy property to maintain and manage.
685 Mira Mar Avenue
Long Beach, California
  • 2,624 SqFt
  • 0.076 Acres
Long Beach is a great City to invest in.  The City embodies a complex interplay of the historic and the new, conservative values and progressive movements.  Long Beach appears to be on course, emitting a contagious energy as it evolves.  The city's rich architectural inheritance should be preserved and highlighted.  When you drive around the City the beauty of all the different architecture dating back to the 20's, shows how the city has persevered the buildings.  This triplex give you an opportunity to have a piece of the beauty of Long Beach. the front unit is 2 bedrooms one bath with oversized kitchen.  the two back units are one bedroom one bath each.  There is a two car garage with extra parking in the long driveway. This property is located in the Rose Park South Historic District.
658 Coronado Avenue
Long Beach, California
  • 0.155 Acres

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