North Long Beach (7) Homes with Multi Level Stories

Welcome to North Long Beach, a vibrant and diverse neighborhood nestled in the heart of Long Beach, California. Known for its rich cultural heritage and strong community spirit, this area offers a unique blend of urban convenience and suburban charm. With its close proximity to downtown Long Beach, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, all while basking in the warmth of Southern California’s sunny climate.

One of the standout features of homes in North Long Beach is the availability of multi-level story residences. These homes are designed to cater to a variety of lifestyles, offering spacious layouts that provide both privacy and communal living areas. Whether you're a growing family in need of extra space or a professional seeking a stylish retreat, multi-level homes in this neighborhood offer the perfect solution. With ample square footage, these properties often come equipped with modern amenities, expansive kitchens, and inviting outdoor spaces that are perfect for entertaining.

In North Long Beach, you’ll find a welcoming community that values inclusivity and engagement. Local parks, schools, and community centers foster a sense of belonging and make it easy to connect with neighbors. With its blend of historic charm and modern conveniences, North Long Beach is not just a place to live; it’s a place to thrive. Explore the possibilities of multi-level living in this dynamic neighborhood and discover your dream home today!

Newest North Long Beach (7) Homes with Multi Level Stories

$3,295,000

12 Beds ⋅ 12 Baths ⋅ 26844723 MLS ⋅ Active Status

Huge 600k Price Reduction! 100% Renovated 12-unit apartment building cash flowing at an amazing current 7.25% Cap Rate from day 1. Preliminary plans to add 8 detached ADUs to achieve a remarkable 10.5% Cap Rate, 7.4 GRM, and 202k/unit after taking into account all construction costs (~745k assuming $225/SF). The property features an easy to rent unit mix of 12 (1-bed/1bath) units including 4 brand-new retail to apartment conversions as well as 2-brand new attached ADUs. Turnkey opportunity where every single unit was vacated, completely renovated, and leased at market rent with additional upside by building 8 detached ADUs in the back parking lot. The property is separately metered for gas and electrical utilities and each unit has its own individual water heater to further reduce operating costs. The property has undergone major capital improvements including updated electrical, plumbing, brand-new windows, interiors, exteriors, etc. The fully remodeled units boast new modern cabinets, flooring, lighting, new bathrooms, and more.

6068 Atlantic Avenue, Long Beach

$1,598,000

PW26096551 MLS ⋅ Active Status

(4) unit multi-family building in Long Beach, CA. The building features unit mix of (1) 3 Bed/1 Bath unit and (3) 1 Bed/1 Bath units stretching across 2,800+/- rentable square feet. This stabilized asset offers tremendous opportunity for 1031 exchange buyers looking to increase their cash flow on Day 1. Further, a substantial portion of Rental Income of rents secured by Section 8 Vouchers by Housing Assistant Long Beach Minimizing risk and providing reliable cash flow, so the uncertainty of future rent moratoriums will significantly reduce the likelihood of lost revenue. The property also includes on site Washer and dryer laundry. The building is in excellent condition, and all (4) units have been extensively remodeled with professional grade finishes. In addition, the gated entry ensures secured access to the property. The property is located within close proximity to many retail, dining, and entertainment options that greatly benefit the tenant mix. This is an investment with strong existing cash flow and minimal maintenance required which is add this solid asset to your rental portfolio. Sellers is Real Estate License in state of California. ALL OFFERS SUBJECT INTERIROR INSPECTION

486 E Adair, Long Beach

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