1242 E 7th St

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $1,866,172 CAD
• 2,875 SF

• Air Conditioning

Long Beach Multifamily for Sale

MOTIVATED SELLER. Presenting 1242 E. 7th Street, Long Beach, a 3-unit multifamily property with a non-conforming bonus unit offering four income streams in one of Long Beach's most walkable and desirable coastal-adjacent neighborhoods, located less than one mile from Alamitos Beach. The true headline here is the development upside: the property sits on a generous 8,022 SF lot zoned CNR, a flexible bonus-density designation that supports a higher-density mix of residential uses than standard zoning, with access to Long Beach's Enhanced Density Bonus program and significant ADU expansion potential via SB 1211, California's most aggressive multi-family ADU law, which allows one detached ADU for every primary unit on site. For ADU enthusiasts, this lot is a dream come true. The lot size, zoning, and garage footprint check every box for maximizing ADU potential under current California law, making this one of the most ADU-friendly opportunities to hit the Long Beach market. The five detached garages and private laundry room, newly constructed in 2003, further add to the long-term redevelopment potential and additional income opportunities. Combined, these tools create a credible path to dramatically increasing the unit count and long-term asset value. Built in 1911, the property retains its original Craftsman-era character, underwent a full electrical rewire in 2003, and has seen interior upgrades across the units over the years. With a Walk Score of 92 and Bike Score of 90, residents enjoy effortless access to Alamitos Beach, Belmont Shore, Retro Row, and Downtown Long Beach, all just minutes away.

Contact:

Young Lewin Advisors

Property Subtype:

Multi Family

Date on Market:

2026-04-07

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244-246 Coronado Ave

Long Beach, CA 90803

• Investment Property
• Multifamily for Sale
• $9,676,450 CAD
• 14,045 SF

Long Beach Multifamily for Sale - Long Beach: Downtown

244–246 Coronado Avenue is an 18-unit multifamily asset located in the highly desirable Belmont Heights / Bluff Heights submarket of Long Beach—one of the city’s most supply-constrained coastal rental markets. The submarket commands a consistent rental premium driven by its walkability, historic character, and proximity to the ocean, with strong demand from affluent, educated renters. The property features an attractive unit mix of three (3) 1BD/1BA units, fourteen (14) 2BD/1BA units, and one (1) 3BD/2BA unit. Most units have been upgraded with new modern kitchens and bathrooms, and the electrical system has been updated throughout the building. The asset benefits from separately metered utilities and an in-place RUBS program, allowing for efficient expense recovery. Additional income is generated through on- site laundry facilities and nine (9) garages. The garage component also presents a clear ADU conversion opportunity, providing investors with a path to realize an additional $91,200 in annual rental income and increase overall asset value. Situated between Bluff Heights and Belmont Heights, the property offers a premier coastal location within one of Long Beach’s most walkable and lifestyle-driven neighborhoods. Residents enjoy immediate access to the beach, Bluff Park, and the Shoreline bike path, along with nearby retail and dining amenities on Retro Row (4th Street) and Belmont Shore (2nd Street). The surrounding neighborhood is defined by its preserved early 20th-century architecture, tree-lined streets, and strong community identity—factors that continue to attract young professionals and long-term renters. With approximately 65% renter occupancy, above-average household incomes, and limited new construction, the area provides a deep, stable tenant base and long-term rent growth potential. Overall, 244–246 Coronado Avenue offers investors the opportunity to acquire a well-located asset in a premier coastal submarket characterized by durable demand, high barriers to entry, and sustained rental premiums relative to the broader Long Beach market.

Contact:

Stepp Commercial - KWPE

Property Subtype:

Apartment

Date on Market:

2026-04-07

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10.9 GRM on Current Rents - 1495 Peterson Ave

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $8,708,805 CAD
• 19,568 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

1495 Peterson Avenue is a turn-key 24-unit multifamily asset located in the established Poly High submarket of Long Beach, a centrally positioned rental corridor with strong and consistent tenant demand. The property features a well-balanced unit mix of nineteen (19) 1BD/1BA units, two (2) 2BD/1BA units, and three (3) 3BD/1BA units. All units have been fully renovated including new kitchens, bathrooms, flooring, and windows. Significant capital improvements have been completed at the property, including a new roof (2019), updates to electrical and plumbing systems, and completed seismic retrofitting. The asset benefits from separately metered and an in-place RUBS program, supporting expense recovery and improved operating efficiency. Additional income is generated through on-site laundry facilities and thirteen (13) garages. New ownership has the ability to triple current garage income immediately with no additional modifications or investment. The garages also present the opportunity for ADU conversion for increased rental income. Located in the heart of Long Beach, the Poly High submarket offers convenient access to major employment and transportation nodes, including California State University Long Beach, Long Beach Airport, the Metro A Line, and the 405, 710, and 91 freeways. The area is characterized by a high renter-occupied population (approximately 85%) and has experienced approximately 25% rent growth since 2019, underscoring its durability as a workforce housing market. Further supporting the area’s long-term outlook, Long Beach Polytechnic High School is currently undergoing a $405 million campus modernization, reflecting continued public investment and enhancing the submarket’s overall appeal.

Contact:

Stepp Commercial - KWPE

Property Subtype:

Apartment

Date on Market:

2026-04-01

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16101 Ansmith Ave`` - 16101 Ansmith Ave

Paramount, CA 90723

• Investment Property
• Multifamily for Sale
• $3,041,170 CAD
• 6,768 SF

Paramount Multifamily for Sale - Mid-Cities

Lyon Stahl is pleased to present 16101 Ansmith Ave, an 8-unit multi-family property located in Paramount, California. Built in 1964, the subject property consists of approximately 6,768 rentable square feet spread throughout a .38-acre lot. The building consists of all (8) 2-Bedroom / 1 Bathroom single story duplex style units. Each unit comes with a dedicated single-car garage on-site, providing added convenience for residents. The property at 16101 Ansmith Ave is situated in a prime location in Paramount, CA, offering tenants convenient access to major transportation routes. Proximity to the 710 Freeway ensures shorter commutes to significant employment centers, enhancing residents' quality of life. Paramount is a city committed to community development, actively supporting local businesses and organizing events to foster a close-knit neighborhood. The city's Community Services Department offers a wide array of recreational activities, classes, and services for all age groups, contributing to a vibrant community atmosphere. 16101 Ansmith Ave combines strategic location advantages with the benefits of a supportive and dynamic community, making it an attractive option for residents seeking both convenience and a vibrant neighborhood. This well-located asset offers a great unit mix and strong rental demand in the area, making it an excellent opportunity for an investor looking to expand their portfolio.

Contact:

Lyon Stahl Investment Real Estate

Property Subtype:

Multi Family

Date on Market:

2026-03-31

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Prime East Village Arts District - 235 Linden Ave

Long Beach, CA 90802

• Investment Property
• Multifamily for Sale
• $5,391,165 CAD
• 9,029 SF

• 24 Hour Access
• Controlled Access
• Kitchen
• Smoke Detector

Long Beach Multifamily for Sale - Long Beach: Downtown

235–237 Linden Avenue is an 18-unit multifamily asset located in Long Beach’s East Village Arts District, a walkable and supply-constrained Downtown submarket supported by consistent renter demand and proximity to employment, transit, and lifestyle amenities. The property features a balanced unit mix of nine (9) studios and nine (9) one-bedroom/one-bath units, providing an efficient unit mix aligned with prevailing demand in the area, as evidenced by 100% occupancy (as of March 2026). Originally constructed in 1913, the building retains its character exterior while offering fully renovated interiors across all units. The seller has invested approximately $275,000 in capital improvements including roofing upgrades, unit renovations, keyless entry for all units, and exterior enhancements. The completion of renovations positions the asset as a stabilized, low-deferred-maintenance investment with limited near-term capital requirements, allowing for more predictable operations relative to comparable vintage properties. The property is situated in a highly walkable location, with a 98 Walk Score and 91 Bike Score, placing residents within immediate access to Downtown Long Beach’s dining, retail, and entertainment corridors. The East Village Arts District continues to maintain stable occupancy and rent performance, driven by its distinct identity, concentration of local businesses, and connectivity to the broader Downtown employment base. From an investment perspective, 235–237 Linden Avenue is best suited for investors seeking a renovated, operationally stable asset in an established urban infill location. A new owner has the opportunity to increase cash flow through the implementation of RUBS. The offering also qualifies for attractive financing at 5.05%.

Contact:

Stepp Commercial - KWPE

Property Subtype:

Apartment

Date on Market:

2026-03-30

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The Hill Street Apartments in Wrigley - 321 W Hill St

Long Beach, CA 90806

• Investment Property
• Multifamily for Sale
• $2,417,730 CAD
• 5,504 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

Beautifully restored 1930s Spanish Revival property in the Historic South Wrigley Neighborhood. It feels like stepping back in time, where the craftsmanship and charm of the 1930s, nearly impossible to recreate at today’s cost, meets modern day living. The property features a strong unit mix of four two bedroom one bath units at approximately 1,000 square feet each and two one bedroom one bath units at approximately 752 square feet each, all offering exceptionally spacious layouts rarely found today. Classic details including red tile roofing, a gated courtyard, and mature landscaping create strong curb appeal. Recent upgrades include new electrical sub panels and copper plumbing, along with on site laundry and garage parking. The rear garage and parking area also offer potential for ADU development, buyer to verify, providing additional upside.

Contact:

Stream Realty Partners, LP

Property Subtype:

Multi Family

Date on Market:

2026-03-27

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416 Lime Ave

Long Beach, CA 90802

• Investment Property
• Multifamily for Sale
• $1,375,438 CAD
• 2,204 SF

Long Beach Multifamily for Sale

Prime Location Where Retro Row Meets Downtown Long Beach. This beautifully updated duplex sits in an unbeatable location, just steps from the best of Long Beach living. The spacious owner’s unit is a true loft-style two-story home featuring 3 bedrooms and 2 bathrooms. With an open-concept layout, it feels remarkably expansive and bright. Enjoy modern comforts including in-unit laundry, forced-air heating, updated flooring, quartz counters, and fresh cabinetry throughout. The wide-open living space is perfect for relaxing or entertaining. The separate 1 bedroom, 1 bathroom unit on the south side of the property offers the same thoughtful updates—open floor plan, new flooring, counters, and cabinets—making it ideal for guests, extended family, or easy rental income. Additional features include a large paver driveway with tandem parking for two vehicles and a convenient outdoor storage shed. The roof was just replaced in 2023 and the foundation had a major retrofit in 2018. Location Highlights: Just 4 blocks south to the sand and ocean 4 blocks west to vibrant Pine Avenue with dining, shopping, and nightlife Direct access to the Long Beach Aquarium and Long Beach Convention Center 4 blocks to the Metro Blue Line for quick commutes to downtown LA Less than 2 miles to the 710 Freeway Whether you're looking for a primary residence with income potential or a turnkey investment property, this duplex delivers exceptional value in one of Long Beach’s most desirable neighborhoods.

Contact:

Buckingham Investments

Property Subtype:

Multi Family

Date on Market:

2026-03-25

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1136 Linden Ave

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $2,384,554 CAD
• 4,937 SF

• Private Bathroom
• Kitchen

Long Beach Multifamily for Sale - Long Beach: Downtown

We are pleased to present a rare opportunity to acquire a well-performing 8-unit multifamily investment property located in one of Southern California’s most desirable coastal rental markets. Situated at 1136 Linden Avenue in Long Beach, the property offers investors stable in-place income with significant value-add potential in a high-demand infill location. The asset consists of eight spacious one- and two-bedroom units totaling approximately 4,937 rentable square feet, situated on a 7,271 square foot lot. The attractive unit mix appeals to a broad tenant base and supports consistent occupancy in a strong rental market. Located in the North of East Village neighborhood, the property benefits from strong rental demand, a dense population base, and ongoing neighborhood revitalization. Residents enjoy convenient access to shopping, restaurants, entertainment, and public transportation. A key highlight of the property is the ±968 square foot garage structure located at the rear of the lot, which is currently underutilized and presents multiple opportunities for additional income and long-term value creation. With its prime coastal location, desirable unit mix, and clear upside through additional income opportunities, 1136 Linden Avenue represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a supply-constrained Southern California rental market.

Contact:

Coldwell Banker Commercial Realty

Property Subtype:

Apartment

Date on Market:

2026-03-19

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3 Euclid Ave

Long Beach, CA 90803

• Investment Property
• Multifamily for Sale
• $2,419,112 CAD
• 2,732 SF

Long Beach Multifamily for Sale - Long Beach: Downtown

Welcome to 3 and 5 Euclid Avenue, a true classic duplex that is located in the coveted neighborhood of Belmont Heights in Long Beach. This wonderful Spanish Style duplex has endless potential. It features two units each with 2-bedrooms and a den with 1 1/4 bath, pus two single car garages each with a driveway. This exceptional property has not been on the market in many, many years. The generous layouts, classic charm, and unbeatable location make this duplex a coveted investment opportunity, whether you choose to rent out both units or live in one while renting the other. It is a premier investment opportunity. PLUS, PLUS there is a basement with windows that has the potential of being converted into an ADU making the investment even more remarkable. This property delivers unmatched potential in one of Long Beach’s most coveted neighborhoods. Properties like this simply do not come around very often.

Contact:

Pabst, Kinney & Associates, Inc.

Property Subtype:

Apartment

Date on Market:

2026-03-17

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1117 Mira Mar Ave

Long Beach, CA 90804

• Investment Property
• Multifamily for Sale
• $1,877,231 CAD
• 2,901 SF

• Air Conditioning

Long Beach Multifamily for Sale - Long Beach: Downtown

Truly a Gem, this Classic Spanish Triplex is located in the historic and highly desirable Recreation Park Neighborhood of Long Beach. Considered one of the most desirable areas for investors and Owner occupants alike, due to its quiet tree lined streets and close walking distance to the expansive 210 Acre Recreation Park, featuring 2 Golf Courses, multiple Sports fields, a tennis center, casting pools, lagoon, dog park, outdoor theater and more! Just minutes from Belmont Shore dining, Alamitos Bay Marinas, beaches and nightlife, yet also within minutes of 3 regional freeways. The property is full of that desirable, old-world, timeless appeal and shows true pride of ownership, having recently undergone extensive landscape improvements and a new roof on the front building. This character-rich property with traditional elegance features tons of charm in its many architectural details. Whether you are looking for a home or income potential, you have it all right here! The front building offers two very spacious 2-bedroom, 1-bath units, one upstairs and one downstairs. The detached rear building includes a charming stand alone 1-bedroom, 1-bath unit located above the three individual one-car garages. In addition to 3 separate garages this property has loads of additional off street parking due to its long driveway and added gravel parking pad for 2 more cars. The property addresses include 1117 (Rear Unit), 1119 (Front Lower Unit), 1121 (Front Upper Unit), The property also features large front and backyards, offering potential space for outdoor enjoyment or possible future expansion, or additional ADU units? Buyer should verify any and all information provided herewith in regard to City of LB inspection requirements, new ADU additions or building expansion possibilities, with qualified engineers and the City of Long Beach. Historic touches, including original hardwood oak floors, faux fireplaces, various arched doorways and windows, terrazzo tile, vintage-style wood garage doors/windows, and plastered interior walls and ceilings are just some of the many things that make this property special and unique. With its historic architecture, desirable coastal proximity, and flexible layout, this property presents an excellent opportunity for investors or owner-occupants looking to offset living expenses while building long-term equity. This could be a perfect opportunity to live in one unit and have the tenants help with the mortgage!

Contact:

Estate Properties

Property Subtype:

Apartment

Date on Market:

2026-03-13

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Del Rio - 338 Linden Ave

Long Beach, CA 90802

• Investment Property
• Multifamily for Sale
• $6,566,162 CAD
• 9,098 SF

Long Beach Multifamily for Sale - Long Beach: Downtown

Marcus & Millichap is pleased to present to market 338 Linden Avenue, a 17-unit apartment building in Long Beach, California. This offering presents an excellent opportunity to acquire a renovated asset with three brand new ADU’s in a strong coastal market. 338 Linden Avenue is a two-story building with a mix of one studio, 15 one-bed/one-bath units, one two-bed/two-bath unit, controlled access, and shared laundry. The building boasts numerous substantial improvements: three of the one-bedrooms are recently completed ADU additions, nine of the units have been recently remodeled, and a complete re-pipe to copper plumbing. 338 Linden Avenue is located in Downtown Long Beach’s vibrant East Village Arts District within easy walking distance of dining, shopping, and entertainment (WalkScore: 98), two blocks to the Metro Blue Line, and a half-mile to Alamitos Beach.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-03-09

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Millie Jean - 1820 E 2nd St

Long Beach, CA 90802

• Investment Property
• Multifamily for Sale
• $7,325,072 CAD
• 8,130 SF

• 24 Hour Access
• Controlled Access
• Kitchen

Long Beach Multifamily for Sale - Long Beach: Downtown

Introducing Millie Jean — a completely reimagined 12-unit apartment community located at 1820 E. 2nd Street in the heart of Alamitos Beach, one of Long Beach’s most desirable coastal neighborhoods. This turn-key asset has undergone a full, permitted renovation down to the studs, delivering essentially new construction with best-in-class finishes and modern building systems throughout. Currently operating at a 5.15% CAP rate and 13.72 GRM, the property offers immediate, stabilized cash flow. RUBS in place, with tenants responsible for their proportionate share of utilities—reducing operating expenses, improving NOI, and protecting ownership from rising utility costs. The offering includes five single-car garages and fully approved plans to construct two new 2-bedroom, 1-bath ADU units above the garages, providing a clear value-add opportunity. Upon completion of the ADUs, ownership can achieve an estimated 6.45% CAP rate. All units feature high-end interior renovations, including modern kitchens with European-style cabinetry, quartz countertops, Energy Star stainless steel appliances, designer lighting, and contemporary fixtures. Bathrooms have been fully upgraded with modern enclosures, plank flooring, and code-compliant mechanical improvements. Each unit includes in-unit washer/dryer, plank vinyl flooring, new doors and windows, ceiling fans, and fresh paint—creating a cohesive, upscale aesthetic throughout the property. Major capital improvements include new plumbing (water lines, waste lines, water heaters), upgraded electrical systems with subpanels and GFCI outlets, HVAC and ventilation improvements, and drought-tolerant landscaping. The building is separately metered for gas and electric, with high-efficiency lighting to minimize operating expenses. Additionally, a new owner can unlock substantial tax advantages through a cost segregation study, with an estimated $1,379,000 in depreciation within the first five years, compared to approximately $722,590 under standard depreciation—representing an incremental benefit of roughly $660,000. Located just two blocks from the beach, Millie Jean offers residents immediate access to the coastline while enjoying the walkability, lifestyle, and long-term desirability of Alamitos Beach. This is a rare opportunity to acquire a one-of-a-kind, fully modernized asset in a premier coastal submarket with strong current income, meaningful upside, and long-term appreciation potential.

Contact:

Pabst, Kinney & Associates, Inc.

Property Subtype:

Apartment

Date on Market:

2026-02-17

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1123 Ohio Ave

Long Beach, CA 90804

• Investment Property
• Multifamily for Sale
• $2,059,701 CAD
• 3,720 SF

Long Beach Multifamily for Sale - Long Beach: Downtown

Perfectly located huge 1972 built Eastside Triplex with 100% large two story 3 bed, 1.5 bath townhome style units. Exterior refresh just completed plus all three units renovated since 2023 with new floors, finishes, and in-unit laundry. Huge parking lot in rear with parking for 7 cars. Excellent metrics at 12.6X GRM on actuals and a 5.2% in place cap rate with upside to an 11.7X GRM and cap rate of 5.7% at market rents. Quiet residential location in the Zaferia neighborhood only 2 blocks from the design district. One block from the historic Rose Park neighborhood. Just minutes from Cal State Long Beach, Traffic Circle retail, and the beach.

Contact:

Buckingham Investments

Property Subtype:

Multi Family

Date on Market:

2026-02-16

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242 E Del Amo Blvd

Long Beach, CA 90805

• Investment Property
• Multifamily for Sale
• $1,209,556 CAD
• 1,504 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

Rare opportunity to acquire a move-in ready triplex offering exceptional flexibility for owner-occupants and investors alike. This property features a separate 2-bedroom, 1-bath single-family home along with a duplex consisting of a studio unit on the ground level and a 1-bedroom unit on the second floor. All units are well maintained and in rent ready condition. The detached 2-bedroom home includes in unit laundry hook up and an attached single-car garage, while the property also offers two additional uncovered parking spaces for added convenience. Individually metered for gas and electricity. One water meter per building. The new owner has full control over tenant selection, rental strategy, or personal use from day one. Immediate possession is available. The versatile unit mix appeals to a wide range of tenants and supports long-term rental demand. This property is ideal for a house-hacker looking to offset their mortgage or an investor seeking strong income potential. See private remarks for current tenancy status.

Contact:

Buckingham Investments

Property Subtype:

Multi Family

Date on Market:

2026-02-09

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5901 E Ocean Blvd

Long Beach, CA 90803

• Investment Property
• Multifamily for Sale
• $8,432,335 CAD
• 6,697 SF

• Air Conditioning
• 24 Hour Access
• Kitchen
• Smoke Detector

Long Beach Multifamily for Sale - Long Beach: Downtown

Marcus & Millichap is pleased to present a 16-unit multifamily property located on the Peninsula in Long Beach, CA 90803. Built in 1923 & 1948, the subject property consists of 6,748 rentable square feet spread throughout a 7,119 square foot lot. The building consists of six 1-bedroom / 1 bathroom units, one 1-bedroom / 1-bathroom unit, three loft studios, five studios, and one bachelor unit. It contains six garages providing essential parking and flexible future income / ADU opportunities. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. There has been over $2B invested in real estate transactions and new development projects since 2013. There are 3,997 residential units in the development pipeline. Notable completed projects near the subject property include the Shoreline Gateway at 777 E. Ocean Blvd. which is 35 stories high with 315 residential units and 6,700 sq. ft. of restaurant and retail space, the Ocean View Tower at 200 W. Ocean Blvd has 142 units with 4,100 sq. ft. of commercial space, and Volta on Pine at 635 Pine Ave. has 271 units with 1,302 sq. ft. of retail and commercial space. Currently under construction is the renovation at the Breakers Hotel at 210 E. Ocean Blvd, Broadway Block at 330 & 333 E. Broadway which is 432 units and over 17,793 sq. ft. of retail space, Aster at 250 E. Broadway with 218 units and 7,300 sq. ft. of commercial space, as well as the Broadstone Promenade which is 189 units with ground floor retail space as well. The Long Beach port has been undergoing $4.4 billion in redevelopment that will create 14,000 new and permanent jobs in Southern California. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a high demand rental market with strong in place income in one of the best neighborhoods of Long Beach

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-02-03

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Plymouth Street Apartments - 46 E Plymouth St

Long Beach, CA 90805

• Investment Property
• Multifamily for Sale
• $3,283,081 CAD
• 6,808 SF

• Air Conditioning
• Private Bathroom
• 24 Hour Access
• Smoke Detector

Long Beach Multifamily for Sale - Mid-Cities

The Plymouth Street Apartments is an 8-unit apartment community located in the City of Long Beach, one of the premier rental markets in Los Angeles County, California. Built in 1964, the property features an attractive and consistent unit mix comprised entirely of two-bedroom/ one-bathroom units, totaling approximately 6,808 square feet on a 7,424 square foot lot. Recent capital improvements include new garage doors, new electrical sub-panels, and new vinyl windows. Additional amenities include a spacious community laundry room, six (6) single-car garages with front driveway parking, and one (1) additional surface parking space. This offering presents a rare opportunity for investors to acquire a stable asset generating a 5.5% CAP Rate on current income, with upside potential to a 7.4% CAP Rate at market rents. Located in the highly desirable Long Beach rental market, the Plymouth Street Apartments is well positioned to deliver strong cash flow and long-term value appreciation.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-01-26

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1626 Pine Ave

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $4,008,815 CAD
• 7,780 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

Renovated and current 6.89% Cap and 9.67 GRM with ADU potential! 1626 Pine Ave, Long Beach is the ideal investment opportunity for anyone looking for great cash-flow and low maintenance. All units are renovated with new floors, appliances, and fixtures. Once all units are rented at market and ADUs are built out, the property will operate at a 9.2% Cap and 7.75 GRM. The property is comprised of (12) 1-Bed/1-Bath and (2) 2-Bed/1-Bath units. 1626 Pine Ave has 10 parking spaces on site and collects $500/month in parking income. Additionally, the property collects $200/month in laundry. Beneficial for the new owner, the property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

Contact:

Lyon Stahl Investment Real Estate

Property Subtype:

Apartment

Date on Market:

2026-01-21

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The Freeman Triplex - 1710 Freeman Ave

Long Beach, CA 90804

• Investment Property
• Multifamily for Sale
• $1,741,761 CAD
• 2,358 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

Skyline Commercial Advisors is offering the opportunity to acquire The Freeman Triplex in Long Beach. Located in Eastside Long Beach, the property consists of a three bedroom home, two bedroom unit, and one bedroom unit. Tenants appreciate garage parking, central courtyard, and close proximity to the amenities available at the Traffic Circle. The property's ideally located just minutes away from Cal State Long Beach as well as the restaurants and entertainment options in Belmont Shore making this an ideal asset for consistent cash flow with future upside. *Please do not disturb tenants or walk on the property.

Contact:

Skyline Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-12-05

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1415 Cedar Ave

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $2,896,023 CAD
• 6,922 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

Large high yield postwar 10 unit property in a dense high demand rental area of Long Beach. Great unit mix with five 2 bed/1 bath units, four 1 bed/1 bath units, and one studio in nearly 7,000 square feet of rentable space. High in-place cash flow at close with actual rents at 9.59X gross and a 6.2% cap rate plus a 12% upside to 8.43X GRM and a 7.4% cap rate at market. Community laundry room plus 5 garages for additional income or ADU conversion potential. All windows recently replaced in 2025.

Contact:

Buckingham Investments

Property Subtype:

Apartment

Date on Market:

2025-11-25

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The Gatsby West - 330-332 Cedar Ave

Long Beach, CA 90802

• Investment Property
• Multifamily for Sale
• $6,566,162 CAD
• 14,055 SF

Long Beach Multifamily for Sale - Long Beach: Downtown

PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. No onsite parking. Loan quote provided by David Guevara. Momenta Capital Group. 714.474.1284 dguevara@momentacg.com. Qualified Buyers can put as little as 28% down. Earn over an 8% Cash on Cash return against in place rents. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Contact:

The Agency

Property Subtype:

Apartment

Date on Market:

2025-11-14

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2175 Chestnut Ave

Long Beach, CA 90806

• Investment Property
• Multifamily for Sale
• $3,594,110 CAD
• 8,154 SF

Long Beach Multifamily for Sale - Long Beach: Suburban

Marcus & Millichap, as the exclusive listing agent, is pleased to present 2175 Chestnut Avenue, located in Long Beach, California. This 2-story, 14-unit multifamily building was originally built in 1929 and represents an excellent value-add opportunity in the desirable South Wrigley neighborhood of Long Beach. The total building area is approximately 8,154 square feet, situated on a 6,470 square-foot parcel. The unit mix consists of fourteen (14) large studio units averaging 585 square feet each. The property features new electric sub-panels and is separately metered for gas and electricity, helping to keep operating expenses low. There are also four parking spaces in the rear, which can generate additional income.

Contact:

King Group of Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-10-28

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1025 Locust Ave

Long Beach, CA 90813

• Investment Property
• Multifamily for Sale
• $2,486,848 CAD
• 5,498 SF

• Kitchen
• Smoke Detector

Long Beach Multifamily for Sale - Long Beach: Downtown

Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5,498 sq. ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!

Contact:

Kinnery's Brokerage House and Elite Property

Property Subtype:

Apartment

Date on Market:

2025-08-07

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6 Units+Plans 5 ADUs 5.75% Cap Upside to 9.5% - 2626 E Anaheim St

Long Beach, CA 90804

• Investment Property
• Multifamily for Sale
• $2,177,201 CAD
• 4,361 SF

• Kitchen
• Smoke Detector
• Wheelchair Accessible

Long Beach Multifamily for Sale - Long Beach: Downtown

Huge 250k Price Reduction! Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5.75% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 9.5% Cap Rate, 7.9 GRM, and only 192k/unit after taking into account all the construction costs (~546k assuming $200/SF). Attractive unit mix consisting of (4) well-designed One-Bedroom | One-Bathroom residential units plus (2) well-established commercial tenants (mini-market & flower-shop) both of which have been at this location for many years and have expressed interest for continued tenancy for years to come. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. Large lot with 7 parking spaces in the back with future development & ADU potential. The property has seen a complete restoration, down to every inch. Overall systems were updated with new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water heaters, and brand-new windows in each unit. The units have undergone gut-level updating with new wood flooring, updated lighting fixtures, and brand-new kitchen and bathrooms. In the kitchen, there are new cabinets and modern countertops. The bathrooms boast new vanities and modern fixtures along with sleek bathtubs. Located in the heart of the vibrant Zaferia Design District, this well-positioned asset offers unbeatable access to local staples such as Joe Jost’s, the Traffic Circle, Recreation Park, eclectic restaurants, bars, boutiques, galleries, and more. Located just minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Contact:

Kara Commercial

Property Subtype:

Apartment

Date on Market:

2025-07-23

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Prime Commercial Land Opportunity - 1510 E South St

Long Beach, CA 90805

• Investment Property
• Land for Sale
• $760,292 CAD
• 0.19 AC Lot

Long Beach Land for Sale - Mid-Cities

A rare offering of vacant commercial land in the heart of North Long Beach. Spanning approximately 8,142 square feet, this flat, rectangular parcel is located in the LBCNR zoning district (Neighborhood Commercial)—providing flexibility for a wide range of neighborhood-serving retail, office, and service uses. Positioned along a high-visibility corridor, this site enjoys strong traffic counts, excellent frontage, and close proximity to major thoroughfares, including the 710 and 91 Freeways. Ideal for developers, owner-users, or investors looking to build in a growing and revitalized part of the city, the lot is surrounded by a dense residential population, schools, and established local businesses. Seller may consider seller carry financing for qualified buyers.

Contact:

Coldwell Banker Commercial Realty

Property Subtype:

Residential

Date on Market:

2025-04-23

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