Zaferia, Long Beach, CA Investment Properties

Zaferia, Long Beach, CA Homes for Sale

About Zaferia, Long Beach, CA Investment Properties

Zaferia is an urban neighborhood in the Eastside district of Long Beach, California located west of the Circle Area. Residents have easy access to most business centers in the city including the many stores and restaurants along East Anaheim Street. Orizaba Park provides a lovely outdoor environment that locals can visit for some fun activities. The area is also a short drive to the Circle Center West Shopping Mall to the northeast, and Junipero Beach to the south.

Homes for sale in Zaferia, Long Beach is a combination of single-family homes and low-rise apartment buildings. Houses in the community are primarily older home models built during the early years of the city. These residences are simple ranch-style and Tudor homes with beautiful wood panel exteriors and large windows. The homes in Zaferia are perfect for buyers looking for spacious property with multiple bedrooms and baths. Apartments in the area range between one, two, and three-bedroom layouts including several well-priced units that are ideal for families looking for an affordable home in the city.

Notable Locations:

Orizaba Park
Rotary Centennial Park
Circle Center West Shopping Mall

School Information:

Nieto Herrera Elementary School
Willard Elementary School
Thomas Jefferson Middle School
Woodrow Wilson Classical High School

Listings in Zaferia, Long Beach, CA Investment Properties

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
The Newporter, located at 1750 Newport Avenue, is an 8-unit value-add asset in the Eastside/Traffic Circle area, a highly desirable rental location in Long Beach. The 7,288-square-foot property is comprised of a balcony-style building with ample light, ample parking, and an attractive unit mix of six two-bedrooms and two one-bedrooms. This property offers investors the opportunity to own a value-add asset with 18%+/- rental upside in a rapidly developing 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, home goods, and art antiques as well as locally-owned restaurants, coffee shops and wine bars.
1750 Newport Avenue
Long Beach, California
  • 7,288 SqFt
  • 0.192 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
The Obispo Avenue Apartments is a pride of ownership, six-unit, multi-family community in the City of Long Beach. Located at 1413 Obispo Avenue, this investment presents a stable, low expense, turn-key opportunity with a 5.43% CAP Rate and 8.62% Total Return on current income. 

The subject property has two buildings which sit over a 7,426 square foot lot. The front building is comprised of (4) two bedroom/ one bath units, and the rear building is comprised of (2) one bedroom/ one bath units above four garages. The building has recently gone through extensive renovations and upgrades of interiors and exterior. Some of the upgrades include but are not limited to: new cabinetry, new PEX plumbing, updated electrical, granite counter tops, new kitchens, new bathrooms, new windows, new appliances, and new flooring. Some tenant amenities include washer/dryer hookups, ample on-site parking, and enclosed garages.
1413 Obispo Avenue
Long Beach, California
  • 5,056 SqFt
  • 0.171 Acres
Updated 4 unit building that is perfect for an owner occupied property or easy, hands off management.  The units consist of 3 brm 2 bath, 2 brm 1 bath, 1 brm 1 bath and 1 brm 1 bath.  Separate electric and gas meters.  Long driveway allows for plenty of parking.  Close to transportation, shopping, restaurants and an easy bike ride to the beach!  Live in one, rent the others.  All expenses noted are estimates at this time. Buyer to do due diligence and verify as expenses may vary.
1140 Orizaba Avenue
Long Beach, California
  • 2,381 SqFt
  • 0.146 Acres
Welcome Home! This is a nice 2 units home on a 6,750 square-feet lot in a nice neighborhood location. Well-kept front and back yards including simple and clean landscapes . Amble living spaces featuring - Front Unit, 1 story home features cozy three bedrooms and two bathrooms, open layout kitchen with eating area, spacious and warm living room with fireplace, recently upgraded within 6 months - Back Unit, built in 1990, 2 stories home features three bedrooms and two and a half bathroom, open layout kitchen with eating area, and living room with fireplace for family gathering and quality time together! Property is located near schools, recreational centers / parks, shopping centers, churches, and easy freeways access. Furthermore, the property is distanced from all inclusive shopping, restaurant, and 2.5 miles from the beach. Property address is 1735-1737 Gladys Avenue, Long Beach, CA 90804. Show for more!
1737 Gladys Avenue
Long Beach, California
  • 3,123 SqFt
  • 0.155 Acres
Great Duplex Property. Buyers to do their due diligence in obtaining all permit records/city inspections. 
SFR in front(3109 E.Spaulding) has been converted into 2 separate living quarters.
One section is a 2bedroom 2 bath area and the other is a 2bedroom 1 bath area. Each have their own living rooms and kitchens.
There are 2 other units located behind 3109 E. Spaulding. 
3107 has an upstairs unit above the garage that is 1bedroom 1 bath. The second unit is located behind the garage(previously a game room) and is a 2bedroom 1 bath unit.
Seller will not vacate tenants.
3107 Spaulding Street E
Long Beach, California
  • 3,534 SqFt
  • 0.149 Acres
Charming remodeled duplex located 2 miles from the beach and CSULB. Accessible to freeways. Live in one unit and use the income of the second unit to subsidize your mortgage! Both units consist of a 1 Bedroom, 1 Bath single story (1619 and 1621 Redondo Ave) open floor plan, full remodeled kitchen, a separate spacious living area with original hardwood floors and new luxury tiles, new bathroom, new appliances, and a charming design with a lot of character. Each unit has its own gas and electric meter. Plenty of storage space in the spacious garage. Hookups for washer/dryer in the garage which can provide additional income if coin washer/dryer installed. LIVE IN ONE UNIT and RENT THE OTHER! DO NOT GO DIRECT 24 HR. NOTICE FOR ALL SHOWINGS NO EXCEPTIONS. PLEASE RESPECT CURRENT TENANTS IN FRONT UNIT. CALL LA1 FOR SHOWINGS!
1619 REDONDO Avenue
Long Beach, California
  • 1,056 SqFt
  • 0.064 Acres

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