Long Beach, CA Real Estate Search

Long Beach, CA Multi-Family Homes for Sale

Our website features the best real estate search for multi-family homes available in Long Beach, CA and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Long Beach, CA real estate market? Sign up for a  Long Beach, CA Real Estate Market Report to see what’s active, under contract, and sold!

Newest Long Beach, CA Multi-Family Homes for Sale

$1,450,000
IG26186866 MLS Active Status
Nestled within the highly desirable Historic California Heights neighborhood, this charming duplex combines spacious living, flexibility, and exceptional investment potential. This duplex offers a rare combination of versatility, comfortable living space, and investment potential. With two units residences, three garage spaces, individual laundry hookups, and generously sized interiors, the property is equally appealing as an income-producing investment or an opportunity to live in one unit while renting the other. The property includes a two-car detached garage serving the front residence and a separate one-car detached garage for the rear residence, providing valuable off-street parking and additional functionality. The rear residence at 3633 features two bedrooms and two bathrooms, complemented by a spacious living room and dedicated dining area. At the heart of the home is a large eat-in kitchen with tile countertops, pantry storage, and an adjacent laundry area with hookups. Both bedrooms feature walk-in closets and ceiling fans. The front residence also offers two bedrooms, each with a walk-in closet and ceiling fan, along with 1.5 bathrooms. Its comfortable floor plan includes a large living room, dining space, kitchen with tile countertops, and conveniently located laundry hookups just beyond the kitchen. Located in one of Long Beach’s most recognizable historic neighborhoods, this property offers the flexibility to generate rental income, accommodate extended family, or create an owner-occupied investment strategy while enjoying the charm and character of California Heights.

3633 Lime, Long Beach

$2,445,000
PW26184409 MLS Active Status
A Masterfully Reimagined Investment Opportunity: Step into one of Long Beach’s most desirable coastal neighborhoods. This exceptional multifamily estate has been extensively transformed, blending timeless architectural charm with sophisticated modern finishes to establish a new benchmark for turnkey investment excellence. A rare offering for the discerning investor, the property delivers both enduring value and elevated living. This premier six unit asset has undergone an extensive renovation with premium-quality finishes throughout, offering the ideal balance of classic character and contemporary luxury. The beautifully updated building has been thoughtfully modernized for today’s lifestyle, featuring all new gourmet kitchens, elegantly remodeled bathrooms, luxury vinyl plank flooring, mini-split climate control systems, upgraded electrical, and entirely new plumbing throughout the property. Further enhancing the estate’s value and versatility are two newly constructed accessory dwelling units (ADUs), seamlessly integrated into the property’s design. Each ADU has been carefully crafted with privacy, functionality, and style in mind, offering private in unit laundry, thoughtfully designed floor plans, and refined interiors that maximize both comfort and efficiency. Additionally, the property features three generously sized garages, providing secure parking and added convenience for tenants and owners alike. The level of craftsmanship and attention to detail is evident throughout the entire property, far too many upgrades and enhancements to fully capture here. Please inquire for a comprehensive list of improvements. Ideally located near the vibrant Belmont Shore Second Street corridor, residents enjoy immediate access to an incredible collection of boutique shopping, renowned restaurants, charming coffee shops, and an energetic coastal atmosphere, all within close proximity to the ocean and Long Beach’s scenic waterfront lifestyle.

625 Orizaba Unit 6, Long Beach

$1,675,000
RS26183158 MLS Active Status
Rare Opportunity to Own an updated 4-Unit Investment Property Less Than a Mile from the Beach! Ideally situated between North Alamitos Beach and Rose Park South, this well-maintained and low-maintenance fourplex offers an exceptional opportunity for anyone looking to own income property. Located just minutes from Shoreline Village, with lots of dining options, entertainment, shopping, and all that coastal Long Beach has to offer. The property consists of three spacious 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit. Each residence features its own private carport and dedicated laundry room with washer and dryer hookups, providing tenants with the convenience and privacy rarely found in comparable properties. Additional storage throughout the property further enhances its desirability. One of the most attractive features is the flexibility this property provides. Two of the units are expected to be delivered vacant at the close of escrow, allowing the new owner the opportunity to select their own tenants and establish current market rents from day one. Whether you're looking to maximize cash flow immediately or occupy one unit while leasing the others, this property offers tremendous upside. With its upgraded condition, low-maintenance design, excellent unit mix, and prime location between North Alamitos Beach and Rose Park South, this is a rare investment opportunity in one of Long Beach's most desirable coastal neighborhoods.

1805 E 6th, Long Beach

$2,530,000
PW26180162 MLS Active Status
1123 Cedar Avenue presents the opportunity to acquire a well-maintained 11-unit multifamily asset offering an attractive combination of immediate cash flow, operational stability, and long- term upside in Willmore City Historic District. Offered at a 6.55% current cap rate with additional rental upside, the property delivers compelling day-one returns while providing investors with multiple opportunities to further enhance income and overall asset value. Originally constructed in 1964, the property has benefited from extensive system upgrades that substantially reduce future capital expenditure requirements, including new plumbing, new electrical wiring and panels, individual tankless water heaters, upgraded wall furnaces, and a recently sealed roof. These improvements position the asset as a durable, low-maintenance investment with limited near-term deferred maintenance. The property's desirable unit mix of (6) spacious two-bedroom units and (5) one-bedroom units appeals to a broad renter demographic, while current rents remain below nearby market comparables, providing a clear path to future NOI growth through natural tenant turnover. Existing garage income, on-site laundry facilities, and (6) detached garages present potential ADU conversion opportunities, creating an additional long-term value creation strategy. Located just minutes from Downtown Long Beach and the 710 Freeway, the property benefits from exceptional commuter access and sits within a city experiencing significant public and private investment. Continued expansion in aerospace, logistics, healthcare, technology, and infrastructure—including billions of dollars of corporate investment, the growing "Space Beach" employment hub, and extensive preparations for the 2028 Olympic Games—continues to strengthen the city's long-term economic outlook and support sustained rental demand. For investors seeking stable cash flow with meaningful upside, limited capital expenditure risk, and multiple avenues for future appreciation, 1123 Cedar Avenue represents a compelling opportunity to acquire a quality multifamily asset in one of Long Beach's most dynamic rental markets.

1123 Cedar, 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

$799,000
PW26180275 MLS Active Under Contract Status
A rare chance to own an exceptionally spacious duplex in one of Southern California's most dynamic and evolving markets. This large property features eight total bedrooms and four bathrooms across two expansive units, each offering four bedrooms and two bathrooms, a layout rarely seen in multifamily properties. Both units showcase updated interiors with newer laminate flooring, tile kitchens, and remodeled bathrooms, blending modern comfort with low-maintenance living. At $799,000, this duplex is currently producing a 7.45% cap rate on actual rent roll and operating expenses. With an 8.7% rent increase effective December 2026, the cap rate rises to 8.17%, well above the 5% to 6% range typical for small multifamily properties in the 90802 area. Add over $24,800 in completed capital improvements, including full bathroom and kitchen tile remodels, new flooring throughout, updated electrical and lighting, and fresh paint in both units, and this is a property offering both immediate cash flow and built-in upside. The property also includes a detached garage and a long driveway that provides abundant off-street parking. Gas and electric are separately metered for efficiency, and both units are tenant-occupied on month-to-month terms, giving maximum flexibility moving forward. Ideally located near dining, shopping, the beach, and freeway access, this property combines a prime Long Beach location with unmatched scale. Whether you are looking to expand your portfolio or take advantage of value-add opportunities, this duplex checks all the boxes.

643 Elm Avenue, Long Beach

$900,000
PW26179995 MLS Active Status
1636 N. Stanton Place presents the opportunity to acquire a well- located three-unit multifamily property in Long Beach offering attractive in-place cash flow, a diversified unit mix, and additional upside through future rent growth. Offered at $900,000, the property provides investors with a compelling combination of current yield and long-term income potential. The property consists of (1) 1BD/1BA unit, (1) 2BD/1BA unit, and (1) 3BD/1BA unit. Current monthly rents total $6,470, with projected market rents of $6,700 per month. The one-bedroom unit is currently rented at $1,670 compared with a projected market rent of $1,750, while the two-bedroom unit is rented at $2,000 compared with a projected $2,150. With only three units, the property offers investors a manageable multifamily asset with substantially greater income diversification than a single-family or duplex investment while retaining the operational simplicity of a small residential property. The varied unit mix further reduces reliance on any single tenant profile and creates multiple rent points within the property. For investors seeking a smaller multifamily acquisition with immediate income and identifiable upside, 1636 N. Stanton Place offers a compelling combination of a 5.93% going-in cap rate, rental growth potential, larger two- and three-bedroom floor plans, and a $300,000-per-unit basis. As rents move toward projected market levels, investors have the opportunity to enhance NOI and overall property value while benefiting from strong in-place cash flow.

1636 N Stanton, Long Beach

$1,100,000
PW26180123 MLS Active Under Contract Status
92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Street offers a compelling combination of in-place cash flow, below-market rents, an all-two-bedroom unit mix, recent capital improvements, and potential future ADU development—all at a basis below recent comparable four-unit sales.

92 E Louise, Long Beach

$2,795,000
PW26180111 MLS Active Status
We are proud to present 5711 East 2nd Street, a boutique 8-unit multifamily property in the heart of Naples Island, one of Long Beach’s most exclusive waterfront enclaves and among the most supply-constrained residential submarkets in Southern California. Offered at $2,795,000, or $349,375 per unit, the asset pairs in-place cash flow with meaningful rental upside in a community defined by scarcity: a fully built-out cluster of canal-ringed islands where new multifamily supply is effectively nonexistent and renter demand is anchored by an irreplaceable waterfront lifestyle. The property sits on the 2nd Street corridor at Ravenna Drive, steps from the Naples canals and Alamitos Bay, roughly a mile from the Belmont Shore business district, and about a mile from 2nd & PCH, a newer Whole Foods–anchored open-air shopping and dining development. The property comprises seven one-bedroom units and one two-bedroom unit. In-place rents sit approximately 21% below the operator’s estimate of market, giving an incoming owner a clear runway to income growth as units are brought to market on turnover. Recent capital investment further de-risks the offering: the roof was professionally inspected and repaired in 2024 with an estimated ten years of remaining useful life, and the building’s electrical system was inspected and upgraded across 2024 and 2025. The property is currently master-metered for both gas and electric, presenting a potential opportunity for a new owner to explore submetering or a utility bill-back (RUBS) program as an additional lever for income growth, subject to feasibility. The on-site laundry facility is owned, adding an ancillary income stream that conveys with the property. For an investor, 5711 East 2nd Street offers a rare entry point into one of Long Beach’s most prestigious and expensive coastal addresses, a market where limited rental product serves a deep, affluent renter base, and the opportunity to capture embedded rent growth in one of Southern California’s most resilient waterfront rental markets.

5711 E 2nd, Long Beach

$1,195,000
PW26176082 MLS Active Under Contract Status
One Single Family detached one bedroom and one bath. Very spacious with it's own gated private front yard/patio. Fully permitted with a giant oversized parking lot with plenty of room to park more than 5 cars. Four single bedroom one bath units all with large gated private patios. Two down-stairs and 2 up stairs. All of the units are open spacious with lots of natural sun light. The tenants are all very long term with month to month rental contracts. There is an on site laundry room with one washer and one dryer for all of the units to share. Fantastic location just off Hwy one and 7th Street close to Junipero. Recreation Park is close by. The baseball park is close by. Cal State University Long Beach is close by. Great opportunity to pick up a great investment. Gated back ally as well as lush landscaping. Very well maintained. Interior of the units is in excellent condition with wall unit AC. Built in wall furnaces. Newer interiors. Very nice tenants. Great neighborhood. Surrounded by a mix of single family homes and 3 story apartment complexes with covered parking on the ground floor with two rows of apartments for the developer in mind. Individual newer smart meters. Great pipes and electrical. This property is a must see. Very neutral decor and great interior paint. At the heart of Long Beach. Close to everything and where you want to be. Live in the house and rent out the 4 units! Great owner user opportunity. No vacancies and has never been a vacancy for many years. Very quiet and secure area. THIS IS A SINGLE FAMILY HOUSE PLUS 4 INDIVIDUAL INCOME UNITS ALL PERMITTED.

1062 Raymond, Long Beach

$1,599,000
PW26172934 MLS Active Status
Welcome to 621-623 Termino Avenue, a beautifully remodeled duplex in Belmont Heights. Both units were extensively remodeled in the last 3 months. The modern finishes include luxury vinyl wide plank flooring, fresh interior paint. light fixtures, kitchens with new appliances, and Quartz countertops. Bathrooms have new countertops, and lighting. Both units are 3 bedroom and 3 baths and are unusually spacious at almost 1800 sq. ft. each. The layouts reflect a true pride of ownership focusing on privacy, comfort and functionality. One unit has a 2 car garage and the other has a 1 car garage plus driveway parking, which is a major difference between units with a total of 6 off street parking places. Both units have separate laundry rooms adjacent to the garages. Windows have been upgraded to dual paned. A large, fenced backyards are perfect for parties and pets! Perfect for an owner occupant with the ability to defer some of the mortgage with rental income or perfect for multi generational family living.... close but separate households. Located on a tree lined street 2 blocks from 4th street coffee shops, restaurants and boutiques. Residents have the perfect balance of coastal living with the beach only 1 mile away and the convenience for an easy commute access to the 710, 605 & 405 freeways. Units are walkable & bikeable to Req. Park's 18 hole golf course, Marine Stadium, CSULB, LB Rowing Center and award-winning Wilson High School.

621 Termino Avenue, Long Beach

$2,395,000
PW26175724 MLS Active Status
263 Corona Avenue is a unique 4-unit apartment property located in the highly desirable Belmont Park neighborhood of Long Beach. The property features approximately 4,312 square feet of living area on an 8,104-square-foot lot and stands out for its exceptionally large units, residential setting, and proximity to the coast. The property offers a unique unit mix consisting of (1) 2-bed/1-bath unit with a den, (1) oversized 1-bed/1.5-bath unit, and (2) 1-bed/1-bath units. Two of the apartments are particularly spacious at approximately 1,450 and 1,550 square feet, offering layouts and living space rarely found in a 4-unit property. The rear 1bed/1.5 bath unit served as the owner's residence for many years and has been renovated and finished more like a private home than a typical rental unit. It features high ceilings, a high-end kitchen with Viking appliances, a central stereo system with built-in speakers throughout the interior and outdoor areas, and an expansive primary suite with a large walk-in closet. The primary bathroom includes a Jacuzzi tub, separate shower, dual sinks, and additional custom finishes. The property has been well maintained and improved over the years, with additional features including upgraded kitchens and bathrooms, hardwood flooring, vaulted ceilings, copper plumbing, and ducted HVAC in the downstairs units. Two 2-car garages provide four garage parking spaces, while private outdoor areas and a hardscaped patio further enhance the property's residential feel.

263 Corona Avenue, Long Beach

$1,399,900
10 Beds 4 Baths 26870367 MLS Active Status
RARE 4-UNIT OWNER-USER, VALUE-ADD & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 117 W. 9th Street presents a unique opportunity to acquire a Long Beach multifamily property with TWO VACANT 2-BEDROOM UNITS. 50% OF THE PROPERTY AVAILABLE FOR IMMEDIATE OCCUPANCY OR LEASE-UP! The two currently occupied units generate $3,355 per month / $40,260 annually, with existing rents of $1,995 and $1,360. This provides established income from day one while leaving TWO 2-BEDROOM UNITS VACANT and available for a new owner to immediately reposition, improve, occupy, or lease at current market rents, subject to applicable laws. For an OWNER-USER, the opportunity is particularly compelling: occupy one of the vacant 2-bedroom units while receiving rental income from the occupied units and retaining an additional vacant 2-bedroom unit for future rental income. For an INVESTOR, 50% vacancy creates the opportunity to immediately address a significant portion of the property's income potential rather than waiting for existing tenants to vacate. Current annual operating expenses are approximately $17,390, with current NOI of approximately $22,870 BEFORE ANY INCOME FROM THE TWO VACANT UNITS. The property's current financial performance therefore reflects only 50% physical occupancy and should be evaluated together with the potential income available through lease-up of the two vacant units. Multiple strategies are available: OWNER-OCCUPY, LEASE-UP, RENOVATE, VALUE-ADD, HOLD, or 1031 EXCHANGE. Existing income + two vacant 2-bedroom units + immediate control of 50% of the units creates a compelling opportunity for a buyer seeking long-term upside. PORTFOLIO SALE: 117 W. 9th Street is being offered as part of a portfolio sale together with 1089 E. 7th Street, Long Beach, providing an opportunity to acquire multiple Southern California multifamily assets. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer. Buyer to independently verify all rents, expenses, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and owner-occupancy requirements.

117 W 9th Street, Long Beach

$1,399,900
6 Beds 4 Baths 26870317 MLS Active Status
STRONG LONG BEACH MULTIFAMILY INVESTMENT & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 1089 E. 7th Street presents investors with an opportunity to acquire an income-producing Long Beach multifamily asset generating approximately $8,000 PER MONTH / $96,000 IN ANNUAL GROSS RENT. With approximately $27,465 in annual operating expenses, the property generates an estimated NET OPERATING INCOME (NOI) OF $68,535, representing an approximate 4.90% CAP RATE at the offered price. The property also reflects an approximate 14.58 GRM, providing investors with an attractive combination of existing income, cash flow, and long-term ownership potential in the Long Beach rental market. Unlike opportunities that depend primarily upon future projections, 1089 E. 7th Street offers substantial EXISTING RENTAL INCOME from day one. The property's income profile makes it well suited for a long-term multifamily investor, portfolio buyer, or 1031 Exchange purchaser seeking replacement property with established cash flow. Located in Long Beach, the property provides access to one of Southern California's established rental markets and offers investors the opportunity to acquire a multifamily asset with approximately $96,000 in annual gross rental income while maintaining the potential for future rent growth, operational improvements, and long-term appreciation. PORTFOLIO OPPORTUNITY: 1089 E. 7th Street is being offered as part of a portfolio sale together with 117 W. 9th Street. The properties offer complementary investment strategies: 1089 E. 7th Street provides high existing income, and 117 W. 9th Street offers two vacant 2-bedroom units with owner-user and value-add potential. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer; also to independently verify all rents, expenses, income, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and all other property information.

1089 E 7th Street, Long Beach

$3,500,000
PW26169871 MLS Active Status
235–237 Linden Avenue is an 18-unit multifamily asset located in Long Beach's East Village Arts District, a walkable, supply-constrained Downtown submarket supported by strong renter demand and proximity to employment, transit, and lifestyle amenities. The property features nine (9) studios and nine (9) one-bedroom/ one-bath units, an efficient unit mix aligned with market demand. Originally constructed in 1913, the building retains its historic exterior while offering fully renovated interiors throughout. Ownership has invested approximately $275,000 in capital improvements, including roof upgrades, renovated units, keyless entry, and exterior improvements. As a result, the property offers a stabilized, low-maintenance investment with minimal near-term capital needs. The property boasts a 98 Walk Score and 91 Bike Score, placing residents within walking distance of Downtown Long Beach's restaurants, retail, and entertainment. The East Village Arts District continues to benefit from stable occupancy and rental demand driven by its vibrant local business community and convenient access to the broader Downtown employment base. 235–237 Linden Avenue offers a clear path to value creation, currently priced at a 6.00% cap rate and 9.85 GRM with meaningful room to grow. Through the implementation of RUBS and the achievement of market rents, an investor can push the property to a 7.17% cap rate and 8.76 GRM—a 117-basis-point expansion in yield and more than a full point of GRM compression. This equates to $40,908 of additional annual NOI, a nearly 20% increase in cash flow with no change in basis.

235 Linden, Long Beach

$1,325,000
PW26171200 MLS Active Status
We are pleased to present an exceptional Rose Park Multi-Family Investment Opportunity located in the highly desirable Rose Park neighborhood of Long Beach - 2123 E. 7th Street. Centrally located just blocks from the Pacific Ocean and the vibrant 4th Street dining and retail corridor, the property sits directly across the street from the renowned, Michelin-starred Heritage restaurant and newly developed $1 million condominiums. The expansive 6,058-square-foot oversized lot features three separate structures, comprising a large fourplex alongside two detached units. The asset offers a highly favorable unit mix consisting of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. Investors will benefit from major turnkey upgrades, including a new roof installed in 2020 and fully completed SB721 balcony compliance work. The property provides significant upside potential with straightforward value-add opportunities, including a potential garage conversion to an Accessory Dwelling Unit (ADU) and/or the addition of units built above the garages. Parking accommodations are also easily managed, featuring two single-car garages alongside convenient surface parking for tenants. *Property is located in an Opportunity Zone, which can provide preferential tax treatment for a buyer if they have capital gains to place. **2bedroom units are functionally two bedrooms and show as 1bedrooms on the tax roll. Buyer to verify.

2123 E 7th, Long Beach

$1,300,000
PW26168879 MLS Active Under Contract Status
421 Rose Place is a recently renovated four-unit apartment property ideally located near Long Beach’s popular 4th Street and Retro Row district. The property features 4 spacious, identical 3-bedroom, 1-bathroom units, providing a highly desirable and consistent unit mix with strong rental demand. Each residence has been thoughtfully renovated and includes convenient in-unit washer and dryer hookups. All units also have their own individual water heaters, allowing for separate utility control and added convenience. Newer windows have been installed throughout the property. Major building systems have been updated, including the electrical and plumbing systems, along with a new silicone roof system. Additional exterior improvements include newer stucco and a black double-metal security gate with a separate pedestrian entrance, providing added privacy, curb appeal, and controlled access. The property also includes a two-car tandem parking space. Located just moments from Retro Row, residents enjoy convenient access to one of Long Beach’s most distinctive shopping, dining, and entertainment destinations. The neighborhood is known for its walkable atmosphere, locally owned boutiques, vintage shops, restaurants, cafés, art galleries, and nightlife, making it a highly desirable place to live. With its 4 spacious and identical 3-bedroom units, recent renovations, updated major systems, individual water heaters, improved exterior, and prime Long Beach location, 421 Rose Place presents a compelling investment opportunity with strong rental fundamentals and long-term value.

421 N Rose, Long Beach

$899,000
PW26164140 MLS Active Status
Some properties simply offer space—this rare single-level duplex offers possibilities. Well maintained and thoughtfully designed, it presents a wonderful opportunity for multi-generational living, owner-occupancy with rental income, or a valuable addition to an investment portfolio. Each residence features 2 bedrooms, 2 bathrooms, separate utility meters, and a floor plan that balances privacy with everyday comfort. The front residence offers approximately 1,026 square feet of warm, inviting living space. Living room is spacious. The front bedroom features a wall of custom built-in wood cabinets, providing exceptional storage, while a well care for full bathroom is conveniently located next door. The generously sized second bedroom is a private ensuite complete with its own walk-in shower. The bright, airy kitchen offers abundant cabinetry and generous counter space, making everything from everyday meals to special celebrations a delight. A charming porch nestled between the two homes creates a peaceful setting to enjoy your morning coffee, greet neighbors, or simply relax and savor the fresh air. The back residence, approximately 841 square feet, offers the same thoughtful design with a spacious living room, two comfortable bedrooms, a well-maintained hallway full bathroom, and one bedroom with its own ensuite. The kitchen opens directly to the detached two-car garage and a generous backyard, creating an effortless connection between indoor comfort and outdoor enjoyment. A long private driveway leading to the detached two-car garage provides parking for at least four additional vehicles—an exceptional convenience for residents and guests alike. Ideally located just minutes from Bret Harte Elementary, Lindbergh Middle, Jordan High School, the 91 and 710 Freeways, and surrounded by shopping, dining, parks, and everyday conveniences, this versatile property is ready to fit your lifestyle. Whether you're bringing generations together under one address, living in one home while the other helps build your financial future, or expanding your real estate portfolio, this rare duplex offers more than a place to live—it offers the opportunity to create memories, build wealth, and enjoy lasting value. Welcome home!

5940 Gundry Avenue, Long Beach

$2,700,000
PW26163930 MLS Active Status
Exceptional opportunity to acquire a fully leased 8-unit mixed-use investment strategically positioned on the highly visible corner of Redondo Ave and E. 11th St. in Long Beach’s desirable Eastside/Circle Area. The property consists of three ground-floor retail storefronts and five residential units (four 1-bedroom/1-bath units and one 3-bedroom/2-bath unit), totaling approximately 9,851 square feet on a 6,241 square foot lot. The asset offers excellent street frontage, strong visibility, and professionally maintained commercial spaces occupied by established local businesses. Recent tenant improvements include beautifully renovated salon and tattoo studio interiors, enhancing the property’s appeal while supporting a diversified income stream. The residential units provide stable cash flow with additional rental upside through future turnover. Currently generating approximately $251,515 in annual scheduled gross rental income, this investment offers stable in-place income with future rental growth potential and long-term appreciation. Additional features include four on-site parking spaces, LBCNR (Store & Residential) zoning, and a highly walkable location with convenient access to Belmont Heights, Recreation Park, California State University Long Beach, Downtown Long Beach, and major transportation corridors. 1090 Redondo Avenue presents an outstanding opportunity for investors seeking a well-maintained mixed-use asset in one of Long Beach’s most desirable rental markets.

1090 Redondo, Long Beach

$1,425,000
SB26163180 MLS Active Status
We are pleased to present 3822 E. 7th Street, a well-maintained 5-unit multifamily investment opportunity located in the Belmont Heights submarket of Long Beach. This 5,014 SF lot benefits from extremely efficient lot coverage as it features (2) separate structures, a large central courtyard, and a communal outdoor barbeque area in the rear. The front structure consists of (4) 1 Bed/1 Bath units. These spacious, nearly identical units span approximately 750 square feet each and showcase the classic character and charm associated with vintage Belmont Heights apartments. The rear structure features (1) fully remodeled 2 Bed/1 Bath unit upstairs with approximately 950 SF of living area, which includes a master bedroom and walk in closet. Downstairs, there are (3) garages (one of which is currently being used for owner storage), and an on-site laundry room with leased units. Overall, the property has been meticulously maintained by ownership and features copper plumbing throughout with a consistently maintained main sewer line, exceptional unit interiors, and a recently inspected roof found to be in excellent condition. Priced at a 5.66% CAP rate and 11.66 GRM on current in-place income, with upside to an achievable 8.25% Market CAP rate and 8.85 Market GRM, this offering provides investors with strong day-one cash flow with compelling value-add components on multiple fronts. First, the 33% rent upside is compounded by the building’s extremely efficient expense profile as owner-paid utility expenses have historically remained very low. Further, the prudent investor can increase NOI by transitioning to owner-operated laundry equipment and monetizing the garage currently used for owner storage. In addition, the configuration of the rear structure offers significant ADU appeal (buyer to verify). Lastly, this Belmont Heights location boasts a Walk Score of 92 (“Walker’s Paradise”) and is located near excellent schools, including Woodrow Wilson High School a mere half mile away. In addition, the property’s proximity to the Traffic Circle provides convenient access to the major economic and employment hubs of Los Angeles and Orange counties, supporting consistent tenant demand in this strong infill location

3822 E 7th Street, Long Beach

Start Your Search

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.