Downtown Area, Alamitos Beach (4) Homes with Two Levels Stories

Downtown Area, Alamitos Beach (4) Homes with Two Levels Stories

Welcome to the vibrant Downtown Area of Long Beach, California, where urban sophistication meets coastal charm! Nestled alongside the stunning Alamitos Beach, this dynamic region is a perfect blend of lively city life and serene seaside retreats. Known for its eclectic mix of shops, restaurants, and cultural attractions, Downtown Long Beach is a hub of activity that offers something for everyone.

Imagine waking up in a beautiful two-story home that captures the essence of California living. The homes in this area often feature spacious layouts, allowing for both privacy and togetherness. With modern designs and thoughtful amenities, these two-level residences provide the perfect backdrop for both entertaining guests and enjoying quiet evenings at home. The open-concept living areas are ideal for hosting gatherings, while the upper levels often boast stunning views of the city skyline or the tranquil ocean waves.

Living in Downtown Long Beach means you are just steps away from the golden sands of Alamitos Beach, where you can soak up the sun, partake in water sports, or simply enjoy a leisurely stroll along the shore. The area is also rich in arts and culture, with nearby museums, theaters, and galleries that showcase the vibrant local scene.

Whether you’re a first-time homebuyer or looking to upgrade your living space, the two-story homes in this thriving community offer a unique opportunity to experience the best of Long Beach living. Embrace the lifestyle you’ve always dreamed of in this coastal paradise!

Newest Downtown Area, Alamitos Beach (4) Homes with Two Levels Stories

$799,000
2 Beds 3 Baths SB26197249 MLS Active Status
Experience the ultimate in sophisticated city living with this highly sought-after luxury townhome—where designer style meets modern comfort. At the heart of the open-concept first level is a show-stopping chef’s kitchen, featuring a premium Pirch faucet, beautifully refinished cabinetry, a generous island, and sleek Caesarstone countertops—perfect for cooking, entertaining, or simply enjoying your morning coffee. Upstairs, unwind in your luxurious primary suite, complete with an expansive walk-in closet and a spa-inspired bathroom boasting dual sinks, a rain shower, and a separate six-foot soaking tub. The second bedroom offers comfort and privacy with its own en-suite bath, while the versatile loft in between provides an ideal space for an office, creative studio, or cozy lounge. Designed with style and sophistication in mind, this home features 12-foot ceilings, recessed lighting, surround sound, exposed ducts, modern steel stair railings, custom window coverings, and durable vinyl floors throughout. Enjoy two private patios overlooking tranquil fountains—a serene urban escape. HOA includes FIOS internet, basic cable, and water, offering both convenience and value. Located in the acclaimed Promenade development, residents enjoy an impressive array of amenities: a pet-friendly community with complimentary guest parking and EV charging stations, a chic clubroom with full kitchen and pool table, outdoor social patio and bar, cozy courtyard lounge with fireplace, and a fully equipped gym and yoga studio. All of this in the heart of Downtown Long Beach, just steps from the beach, boardwalk, restaurants, museums, shopping, and nightlife. Explore The Pike, marina, Queen Mary, Pine Avenue, Belmont Shore, farmers markets, and more—all within a few blocks. Live the lifestyle you’ve been dreaming of—modern, connected, and effortlessly luxurious.

133 The Promenade N Unit 118, Long Beach

$3,200,000
SB26197731 MLS Active Status
We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside through modest rent growth and potential garage-area ADUs. At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well- renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalization and potential future ADU development. The property offers investors a true ease-of-management opportunity. Current ownership extensively renovated the building with the intention of holding it for the long term, completing comprehensive upgrades while preserving its original 1930s Spanish-style character. The rehabilitation was executed with that character in mind, including restoration of original oak flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized quality, durability and longevity. With the renovated units leased at market rents, a new owner benefits from immediate stabilized income without the execution risk, downtime or capital requirements typically associated with a value-add renovation program. Importantly, the pro forma rents can be achieved through annual rent increases alone, with no further capital expenditure required. 1211 Magnolia Avenue is situated in Long Beach’s Willmore neighborhood, just minutes from Downtown Long Beach, its waterfront amenities and the 710 Freeway.

1211 Magnolia Avenue, Long Beach

$888,000
SB26196998 MLS Active Status
We are pleased to present 1071 N Almond Ct, a five-unit apartment building and multi-layered value-add opportunity in a strong Long Beach infill location. The building is 3,221 SF, sits on a 4,257 SF lot, and benefits from a strong unit mix of (3) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. At $177,600/unit and $275.69/SF — both well below comp averages — the offering represents an attractive entry basis in a tightly held submarket. At a 3.5% CAP rate and 15.8 GRM on current in-place rents, this offering carries roughly 125% in rent upside, which would impute a 10.1% Market CAP and 7.0 Market GRM on stabilized market rents. Four units are occupied at rents well below market; the rear unit will be delivered vacant and requires full renovation. Further, the building benefits from efficient lot coverage, with a detached rear garage presenting a potential ADU conversion candidate and a second garage ADU opportunity once the rear building is renovated (buyer to verify). In addition, the property scores 93 on Walk Score and sits roughly three miles from the Port of Long Beach, which supports an estimated one in five jobs citywide. Demand is further supported by Anduril's $1 billion Douglas Park campus and its roughly 5,500 projected jobs. Full build-out of highest and best use is modeled at a 16.1% unlevered IRR over a 7-year hold. See OM for details. Offered as-is, where-is; buyer to verify zoning, rebuild rights, and ADU eligibility with the City of Long Beach.

1071 N Almond Court, Long Beach

$2,200,000
SB26180743 MLS Active Status
Discover an exceptional investment opportunity in the heart of Long Beach’s vibrant East Village/Alamitos Beach corridor. Situated just minutes from the beach, Downtown Long Beach, major transit lines, and an array of local dining, shopping, and entertainment, 1056 E. 6th St. offers an ideal blend of convenience, accessibility, and tenant appeal. The property consists of eight (8) well-maintained 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit. This practical and efficient unit mix caters to the strong local demand for smaller rental units, supporting consistent occupancy and dependable renter interest. A standout feature is the property’s existing four-car garage, providing secure, private on-site parking—an increasingly valuable amenity in this neighborhood. Additional parking is available directly in front of the garages, creating the potential for up to eight (8) total on-site parking spaces, depending on vehicle size and configuration and applicable local ordinances. The garage area may also present a compelling ADU conversion opportunity, potentially allowing an investor to add residential units, increase rentable square footage, and enhance the property’s overall income potential. Buyers should independently verify parking configuration, ADU feasibility, unit count, permitting requirements, and development potential with the City of Long Beach and appropriate professionals. 1056 E. 6th St. is a proven income-producing asset located in one of Long Beach’s most desirable rental submarkets. With its strong existing unit mix, valuable on-site parking, and potential value-add opportunity through ADU development, the property is well positioned for investors seeking stability, long-term appreciation, and additional upside from a strategically located multifamily investment.

1056 E 6th Street, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.