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$2,348,000
PW26163436 MLS Active Status
Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach

$1,525,000
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 5.21% CAP rate and 12.47 GRM on current in-place income, with upside to an achievable 7.63% Market CAP rate and 9.47 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

$2,900,000
SB26159474 MLS Active Status
Pride of Ownership, 80's Construction - Current 6.57% CAP Rate and 10.42 GRM. Priced at only $290K/unit, 753 Cerritos Ave is the ideal opportunity for any investor looking for a well-maintained asset with strong cash flow. The property is comprised of (8) 2Bed+2Bath and (2) 1Bed+1Bath units. A handful of units have been renovated, including new floors, cabinets, appliances, bathrooms and fixtures. There is ample tuck-under parking and a laundry room on site. The subject property is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

753 Cerritos Avenue, Long Beach

$2,600,000
SB26155227 MLS Active Status
Excellent investment opportunity in the heart of Long Beach. This well-maintained four-unit property features an attractive unit mix consisting of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit. The property is currently fully occupied and generates approximately $10,197 in monthly rental income. Recent improvements include upgraded electrical panels, providing additional value and reduced future capital expenditure. Conveniently located near Downtown Long Beach, shopping, dining, public transportation, major freeways, and the waterfront. An ideal opportunity for investors seeking stable in-place income with potential for future rental growth. Please do not disturb occupants. Drive by only. Property will be shown with an accepted offer. Buyer and buyer’s agent to independently verify all property information, rents, expenses, permits, and square footage.

1020 E Broadway, Long Beach

$2,375,000
PW26074353 MLS Active Status
Timeless Spanish Charm with Modern Upgrades PLEASE DO NOT ENTER THE PROPERTY OR CONTACT THE TENANTS WITHOUT AN APPOINTMENT Step into a beautifully upgraded 1928 Spanish-style property that seamlessly blends historic character with contemporary improvements. This well-maintained asset offers strong rental appeal and long-term investment potential. Property Highlights Classic architecture featuring refinished original mahogany doors and moldings Five units with refinished hardwood floors Upgraded kitchens and bathrooms throughout Separately metered gas and electric for all units Two spacious 2-bedroom units (#2 & #4) Remodeled kitchens with microwaves and dishwashers. Unit #2 includes forced-air heating Four 1-bedroom units with updated kitchens with modern finishes All six bathrooms upgraded for improved comfort and appeal Additional Amenities Large on-site laundry room with separate gas and electric meters & Tenant storage lockers. Newer fencing and secure entry gates Property termite treated (2000) Listing Agent is the Owner

843 Newport, Long Beach

$2,450,000
OC26146653 MLS Active Under Contract Status
3700 East 4th Street is an 8-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach, California. Constructed in 1963, the property totals approximately 6,336 net rentable square feet on a 0.14-acre parcel and features a desirable unit mix of 4 one-bed/one-bath units, 1 two-bed/one-bath unit, and 3 two-bed/two-bath units. 3700 East 4th Street offers investors the opportunity to acquire a well-positioned multifamily asset in one of Long Beach’s most desirable coastal rental neighborhoods. Belmont Heights is known for its established residential character, proximity to the beach, and access to popular lifestyle amenities, supporting strong renter demand within the immediate area. The property provides several resident amenities, including 4 single-car garages, on-site laundry, security/screen doors, and in-unit laundry in 4 of the units. Current ownership has also maintained the asset through recent improvements, including a roof replacement completed in 2024. In addition to its physical attributes, the property benefits from strong in-place rents, as ownership has kept rents aligned through regular increases. Offered at a 5.69% cap rate on current rents, 3700 East 4th Street provides investors with immediate in-place income in a high-demand Belmont Heights location, while maintaining long-term appeal through its coastal Long Beach setting, functional unit mix, and proximity to daily conveniences and lifestyle amenities.

3700 E 4th Street, Long Beach

$2,000,000
OC26146571 MLS Active Under Contract Status
927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.

927 Belmont Avenue, Long Beach

$2,300,000
SB26144665 MLS Active Status
1950 Pacific Ave presents a rare VALUE ADD Opportunity to acquire an 11-unit multifamily asset in Long Beach with strong in-place cash flow and two newly constructed ADUs already completed. The property features a desirable unit mix consisting of 1-bedroom and 2-bedroom units, including the two new ADUs, giving investors a clean combination of existing income, newer added rental units, and continued upside in rents. Built in 1962, the property totals approximately 6,733 square feet of building area on an approximately 8,591 square foot lot. Current scheduled rents total approximately $19,559 per month, or $234,712 annually, with market rents projected at approximately $21,940 per month before additional garage income, bringing total annualized market income to approximately $270,480. At the asking price of $2,300,000, the property is priced at approximately $209K per unit and $267 per net rentable square foot. The asset currently operates at a 9.80 GRM and 7.03% cap rate, with the ability to move toward an 8.50 GRM and 8.54% cap rate at market rents. The offering provides investors with strong current income, two newly built ADUs, and a clear path for additional rent growth in a central Long Beach location. With multiple units still below market and the ADU income already in place, 1950 Pacific Ave offers a compelling value-add opportunity with both immediate cash flow and long-term upside.

1950 Pacific, Long Beach

$1,175,000
SB26142307 MLS Active Status
TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

2250 Magnolia, Long Beach

$2,580,000
OC26138156 MLS Active Status
1491 Atlantic Avenue is a newly built 5-unit multifamily investment opportunity located in Long Beach, CA. Built in 2022, the property offers a unique and diverse unit mix consisting of one studio, one 2-bed/2-bath unit, and three expansive 5-bed/3.5-bath townhome-style units across 6,845 rentable square feet. This versatile layout, combined with exceptionally large floor plans for the townhome units, allows the asset to appeal to a wide range of tenant profiles, from single professionals to families seeking additional space. As a modern, newly constructed building, the asset has been exceptionally well maintained and offers a stable operational profile with virtually zero near-term capital expenditure requirements. The property is equipped with premium contemporary amenities, including central air conditioning, energy-efficient solar panels, private balconies, and the security of controlled access and gated parking, with six garage spaces. Supporting long-term tenancy, the property is located adjacent to multiple local schools, making the larger townhome units highly attractive to families prioritizing educational proximity. Overall, 1491 Atlantic Avenue represents a rare opportunity to acquire a low-maintenance, turnkey asset in Long Beach, leveraging modern construction efficiencies, top-tier amenities, and an ideal neighborhood footprint to support consistent occupancy and strong operational performance.

1491 Atlantic Avenue, Long Beach

$5,950,000
GD26134832 MLS Active Status
An exceptional investment opportunity in one of Long Beach's most coveted coastal neighborhoods — just two blocks from the beach. This well-maintained 13-unit apartment building offers the perfect blend of lifestyle appeal and strong income performance, with all units leased at or close to market rents. The property features one penthouse unit with two bedrooms, one bath and a deck. Additional there are twelve spacious one-bedroom, one-bath residences. Approximately 80% of units have been thoughtfully remodeled and upgraded, reflecting pride of ownership throughout. Every unit has two walk in closets and dining areas while top-floor units feature cozy fireplaces. Select front-facing units offer private balconies and sweeping ocean views, while several side units capture partial ocean vistas. Many units feature charming bay kitchen windows, flooding living spaces with natural light and coastal breezes. On-site is a dedicated laundry facility with two washers and two dryers. Offered at approx $457,000 per unit, this property carries a current cap rate of 4.33% with a pro forma cap rate of 5.17% — reflecting meaningful upside rents continue to rise in this high-demand coastal corridor. With its unbeatable Belmont Shore location, strong rental demand, and move-in ready condition, this is a rare opportunity to acquire a turnkey coastal asset with lasting appreciation potential.

3921 E Livingston, Long Beach

$1,449,000
SW26135295 MLS Active Status
Very well maintained, upgraded, and spacious (3816 sq. ft) (4) l bedroom units (approx. 950 sq. ft. ea.) located in the heart of the Alamitos Beach, a very desirable residential neighborhood---LOCATION/LOCATION/LOCATION !!!.....These 4 units are 2 blocks from the beach and adjacent to Bluff Park with a very high walk score.....abundant shopping/restaurants/bars/ & BEACH within EZ 5-15 minute walk. Public transportation on the corner.....E. BROADWAY. Again, a few blocks away is The EAST VILLAGE ARTS DISTRICT with historic Art Deco architecture and a mix of artists lofts, mid-century furniture stores, and sidewalk cafes like The Breakfast Bar, Berlin Bistro & others....a delightful area to enjoy eclectic food choices and good drinks. Retro Row along East 4th St. is another wonderful area....again, just a few blocks away....a large choice of restaurants/bars and great shopping opportunities with new and used merchandise offered from a variety of independently owned small establishments.....A GREAT AREA TO VISIT. The 4 unit actual rents are shown reflecting long term residents....projected numbers used for the analysis to see the fairly short term projections for a financially prudent investment property. In seller's family for almost 50 years....!!! It is a keeper property.......you will enjoy owning it!!!!

216 Esperanza, Long Beach

$1,295,888
PW26128325 MLS Active Under Contract Status
Exceptional Value-Add Investment Opportunity! This well-maintained 9-unit apartment property offers stable cash flow, strong rental demand, and significant upside potential in a highly desirable rental market. The property consists of a charming standalone 2-bedroom, 1-bath home at the front and a separate two-story building featuring eight studio units, with four units on each level. Six of the nine units have already been tastefully renovated, allowing a new owner to continue the renovation program and capture additional rental upside. With below-market rents, consistently low vacancy, and all units fully occupied, this asset presents an outstanding opportunity to increase income while benefiting from immediate cash flow. Ideally situated directly across from Harte Elementary School and just minutes from Lakewood Center, Long Beach Exchange, major retailers, restaurants, parks, and convenient freeway access, the property is located in a prime rental location that continues to attract long-term tenants. Whether you're looking to expand your portfolio with a turnkey investment offering immediate returns or seeking a value-add asset with long-term appreciation and income growth potential, this property checks all the boxes.

1651 E South, Long Beach

$1,600,000
PW26122313 MLS Active Status
Well-Maintained 7-Unit Apartment Investment with Strong Cash Flow. Exceptional opportunity to acquire a well-maintained 7-unit apartment property located in Long Beach's desirable South Wrigley neighborhood. Situated on a 7,500 square foot lot with approximately 4,919 square feet of improvements, this income-producing asset offers strong in-place cash flow, recent capital improvements, and immediate upside potential. The property consists of two upstairs 1-bedroom/1-bath units, four downstairs 1-bedroom/1-bath units, and one spacious downstairs 2-bedroom/1-bath unit. One upstairs unit is currently vacant and has been updated with new luxury vinyl plank flooring and refreshed interior finishes, providing immediate rental upside for a new owner. Seller believes a second unit may also be delivered vacant at closing, creating additional flexibility for lease-up or renovation strategies. Several units are currently being utilized with additional rooms beyond their original layouts. Four of the downstairs 1-bedroom units are being used as 2-bedroom units, while the larger downstairs unit is currently utilized as a 3-bedroom unit. Ownership has completed numerous capital improvements, including electrical service upgrades in 2025, copper repiping of the upstairs units, replacement of gas lines, installation of a copper main water supply line, and ongoing roof maintenance. Each unit is individually metered for gas and electricity, helping reduce owner-paid utility expenses and improve operating efficiency. The property currently generates approximately $13,075 per month in gross rental income and is offered at an attractive 6.4% cap rate and 10.20 gross rent multiplier (GRM) based on current operations. Investors may benefit from favorable financing options, with the property potentially qualifying for financing with approximately 25% down. Additional amenities include four garages, on-site parking, and a desirable courtyard-style layout that enhances tenant appeal. Conveniently located near Pacific Coast Highway, Downtown Long Beach, public transportation, shopping, dining, and major employment centers, this property is well-positioned to benefit from continued rental demand and long-term appreciation. This is a rare opportunity to acquire a stabilized multifamily investment offering strong current returns, recent capital improvements, vacancy upside, and significant long-term growth potential.

1876 Henderson Avenue, Long Beach

$5,600,000
OC26123229 MLS Active Status
Seller Financing Available – 75% LTV at 4% Interest, Interest-Only Payments for Up to 5 years. La Pasada, a 29-unit apartment building located at 515 W. 3rd Street in the heart of Downtown Long Beach. The property consists of 11 SRO units, 14 studios, and 4 one-bedroom apartments, serving the area's growing demand for affordable workforce housing. Originally constructed as a hotel, La Pasada has operated as apartments for more than two decades while retaining its grandfathered hotel zoning. This rare designation provides ownership with the flexibility to continue operating as apartments or explore future short-term lodging opportunities. The building has undergone substantial capital improvements, including renovated unit interiors, central HVAC throughout all 29 units, a remodeled second-floor community bathroom, updated building systems, and an on-site laundry facility. Additional improvements include a newer roof, upgraded electrical infrastructure, replacement windows, and sewer line improvements. Located within walking distance of the waterfront, La Pasada benefits from proximity to Aquarium of the Pacific, Long Beach Convention Center, Shoreline Village, and Cesar E. Chavez Park. The property also enjoys convenient access to the 710 Freeway, Pacific Coast Highway, public transportation, and the ongoing redevelopment of Downtown Long Beach. With below-market financing, a strategic downtown location, flexible zoning, and upside through stabilization of occupancy, La Pasada represents a compelling investment opportunity in one of Southern California's most dynamic urban markets. Investment Highlights Seller financing: 75% LTV at 4% interest, interest-only payments for up to 5 years 29-unit workforce housing asset (11 SROs, 14 studios, 4 one-bedrooms) Grandfathered hotel zoning provides operational flexibility Significant recent capital improvements completed Central HVAC in first floor units Opportunity to increase income through lease-up and operational stabilization Walkable Downtown Long Beach location near major employment, entertainment, and waterfront amenities Positioned to benefit from continued investment and redevelopment in Downtown Long Beach Current stabilized cash-on-cash return exceeds 7% with seller financing in place.

515 W 3rd, Long Beach

$2,125,000
PW26118376 MLS Active Status
Three blocks to the ocean. This extremely well maintained asset is in one of the best rental areas of Long Beach. There is 30% upside in rents and there is a potential for the existing basement to be made into an ADU. Outstanding unit mix of (4) 1 bedroom units and (1) 1 bedroom unit. The building also has a laundry room and (4) enclosed garages. Long term owner has completed a number of recent upgrades to the property including: New exterior paint New roof upgraded plumbing new front doors and locks with "invisible" screens. New landscaping New irrigation system Walkscore.com gives the property a score of 97 out of 100, a "Walker's paradise". Local attractions include Retro row, The Pike outlets, The Promenade, Shoreline Village and trendy Pine Avenue.

1785 E 3rd, Long Beach

$2,599,000
PW26113501 MLS Active Status
100K PROCE DROP!!! 433 W 4th Street is a rare 12-unit investment opportunity just 4 blocks from the ocean. 3 Separate buildings consisting of 4 units each with a unit mix of 10-1 bedroom / 1 bath units and 2- 2 bed/ 1 bathroom units. HUGE building Sq. Ft. 8,674 total which is approximately 722 Sq Ft. per unit these are large spacious units. Individually metered for gas, electricity and water keeps owners expenses down with tenants paying all utilities. Walking distance to Pine Avenue, restaurants, shopping, nightlife, and waterfront attractions that continue to drive demand in one of Southern California’s fastest growing rental markets. With strong rental demand, easy access to the 710 freeway, and continued redevelopment throughout Downtown Long Beach, 433 W 4th Street presents an exceptional opportunity for investors looking to acquire a coastal multi-family asset with immediate cash flow opportunity! Hurry a deal like this will not last long!

433 W 4th, Long Beach

$2,730,000
SB26114748 MLS Active Under Contract Status
We are pleased to present 939 Pacific Avenue, a renovated thirteen-unit apartment complex located just outside the historic Drake Park/Willmore City neighborhood in Downtown Long Beach. Situated less than a block from the Corner Dog Park and a short bike ride to The Promenade and City Place Shopping Center, this property benefits from the continued revitalization of the Downtown Long Beach corridor. Tenants enjoy walkable access to retail, dining, entertainment, and major employment centers, along with excellent transit connectivity and a Walk Score of 93. The property consists of thirteen (13) spacious 1-bedroom/1-bathroom units. All units were fully remodeled prior to current tenancy with high-end finishes including quartz countertops, real wood shaker cabinetry, recessed lighting, stainless steel appliances, ceramic tile in wet areas, and new flooring. Exterior improvements include new dual-pane vinyl windows, fencing and gates, drought-tolerant landscaping, garage doors with openers, upgraded lighting, and a permitted outdoor BBQ area. New main electric panel and sub panels. Additional features include a coin-operated laundry room that generates supplemental income and a storage room that is currently unused, offering potential for added income or repurposing. The property also includes six (6) on-site garages. Priced at a 6.40% cap rate, 939 Pacific Avenue offers investors a well-maintained, improved asset in one of Long Beach’s most supply-constrained and appreciating coastal submarkets.

939 Pacific, Long Beach

$1,300,000
PW26108345 MLS Active Status
The seller is willing to consider seller-carry financing for qualified buyers, providing a unique opportunity for investors seeking flexible acquisition terms in today's financing environment. 2415 E. 7th Street presents a rare 5-unit investment opportunity in one of Long Beach's most walkable and lifestyle-driven Rose Park neighborhoods, near the corner of 7th Street and Junipero Avenue. The property features a detached front house offering 2 bedrooms, 2 bathrooms, a private two-car garage, and two additional parking spaces—a highly desirable setup that feels more like a single-family residence than a rental unit. The rear building consists of a well-maintained fourplex with two downstairs units and two upstairs units, comprised of three studio apartments and one 1-bedroom unit. The property is individually metered for gas and electricity, helping minimize owner expenses and improve operational efficiency. This asset offers investors a compelling combination of in-place income, strong rental demand, and long-term upside in a highly sought-after Long Beach location. The property has been well cared for over the years and benefits from its proximity to local dining, coffee shops, transportation, and the vibrant coastal lifestyle that continues to attract quality tenants to the area.

2415 E 7th, Long Beach

$7,400,000
PW26023461 MLS Active Status
Introducing Pike Manor in the heart of Retro Row, one of Long Beach’s most dynamic and supply-constrained coastal neighborhoods. Originally re-constructed in 2023 with two additional ground-up units completed in 2025, the property offers investors an institutional-quality Class A asset with strong in-place cash flow at a significant discount to Class A institutional assets. The property is 100% leased to a high-credit tenant base and operates at a 5.13% CAP rate at approximately $487 per sf, a basis significantly below replacement cost for comparable new coastal construction. Pike Manor has undergone an extensive top-to-bottom redevelopment, including 100% all new building infrastructure, including plumbing, sewer and water lines, gas lines, electrical systems, subpanels, meters, mechanical systems, roofing, windows, doors, façade improvements, hardscape, and landscaping. The property was rebuilt post-Title 24 standards and was designed to minimize future capital expenditure risk while creating operational efficiency through separate gas and electric metering, rooftop solar, drought-tolerant landscaping, and high-efficiency systems throughout. All units feature premium modern interiors with quartz countertops, European-style cabinetry, designer fixtures, Energy Star appliances, plank flooring, in-unit washer/dryers, all new windows, oversized walk-in closets, and designer coastal finishes curated to attract Long Beach’s growing professional tenant demographic. Several units feature oversized layouts, vaulted ceilings, bay windows, and unique architectural details rarely found in newer multifamily products. The asset also includes seven garage parking spaces, newly constructed garage structures with mechanized doors, & private resident storage lockers in the basement, amenities that are increasingly rare and highly valued in dense coastal markets like Long Beach. In addition to durable, stabilized current income, the property offers a substantial tax advantage through accelerated depreciation. A completed cost segregation study projects approximately $2.37M in depreciation within the first five years of ownership, creating significant sheltering potential for investors seeking tax-efficient cash flow. Situated just blocks from the Pacific Ocean & Bluff Park, Pike Manor blends essentially new construction quality with the character and walkability that define this highly coveted pocket of Long Beach.

1827 E 4th Street, Long Beach

$2,195,000
PW26102358 MLS Active Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages. A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential. Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.

924 Termino Avenue, Long Beach

$2,875,000
PW26102404 MLS Active Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.

755 Gaviota Avenue, Long Beach

$2,100,000
SB26104879 MLS Active Status
Current 6.67% cap rate and 10.50 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7-unit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2-Bed/1-Bath and (1) 3-Bed/1.5-Bath units. There is an opportunity to Add Significant Value by Building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an Extra $3,500/month. Each Unit has its own washer and dryer, dishwashers, new floors, kitchen, and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years. 1720 Cerritos Ave is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.

1720 Cerritos Avenue, Long Beach

$1,700,000
SB26104278 MLS Active Status
We are proud to present 1922 Locust Avenue, an 8-unit apartment building located in the South Wrigley submarket of Long Beach. This asset is currently operating at a 7.25% Cap Rate and a 9.59 GRM! Priced at just $212k/unit, this investment offers a compelling mix of immediate cash flow and long-term upside in a rapidly developing market. The property is comprised of (8) 1-Bed/1-Bath units, with five recently remodeled. Three units are currently vacant and rent-ready, offering the perfect opportunity for an owner-user or investor to quickly add value. Situated just outside the booming Downtown Long Beach core, 1922 Locust Ave is primed to benefit from over $6 Billion in local investment, including transformational projects like the Long Beach Civic Center, Queen Mary Island, CSULB Downtown Village, Broadway Block, and the Ocean Aire Development.

1922 Locust, Long Beach

$2,280,000
SB26099694 MLS Active Status
8-unit apartment building in Long Beach's highly desirable Eastside/Rose Park submarket, offered at a 6.13% current cap rate. Built in 1987, the property features an all 2-bed/2-bath unit mix, a rare configuration in Long Beach's small multifamily market, with private balconies, dishwashers, and individual water heaters in every unit. Upstairs units feature 11+ ft vaulted ceilings. Fully occupied with stable in-place income and rent upside under AB 1482. 12 on-site garage spaces (1.5/unit), on-site laundry, new roof and exterior paint in 2025, and separately metered gas and electricity. Post-1980 vintage insulates buyers from costly retrofit exposure common in the city's older stock. Minutes from Retro Row, Belmont Shore, and the 405/605/22 freeways.

1126 Raymond Avenue, Long Beach

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.