The median home value in Long Beach, CA is $215,500.
the county median home value of $344,900.
The national median home value is $152,300.
The average price of homes sold in Long Beach, CA is $215,500.
Approximately 12.12% of Long Beach homes are owned,
compared to 79.62% rented, while
8.26% are vacant.
Long Beach real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Long Beach real estate agent to arrange a tour today! Learn more about Long Beach Real Estate.
1146-1152 Magnolia Ave., Long Beach - What a Fantastic Building to Add to Your Portfolio! This is a Meticulously Maintained 32 Unit Building In a Great Rental Area of LB. 2 Buildings on 2 Parcels (1146 Magnolia Ave = 7272004010, 1152 Magnolia Ave = 7272004009). A Great Mix of 24 - 1 Bed/1Ba Units and 8 - 2 Bed/1Ba Units. Buildings are very sizeable (22,998 sq ft) . A Large Lot (18,197 sq ft) Offers Tenants a Courtyard and Outdoor Rock Waterfall Area. All Electric Building - Individually Metered and Each Unit Has It's Own Water Heater (Keeps Expenses Down!). Milgard Dual Pane Windows Throughout Building. 2 Laundry Facilities w/ Seller's Own Machines. 19 Enclosed Garages = Extra Income. There is Room To Raise Rents - No Rent Control in LB. Please Call For Further Income and Expense Information on the Well Managed Building. This is a Great Opportunity for the Savvy Long Beach Investor!!
The subject property consists of four buildings that are two stories tall. The property has a total of 36 units and has an excellent unit mix which consists of thirty one two-bedroom/one-bathroom units, two three-bedroom/one-bathroom units, two one-bedroom/one-bathroom units and one studio. The property is two parcels that the property sits on which consists of a 32-unit building and a four-unit building. 1151-1153 Walnut Avenue has a number of different amenities that would satisfy any tenant and investor. Those include gated access, on site laundry and ample on site parking with 26 open spaces and 12-single car garages. The property is also separately metered for gas and electricity. Due to the properties strong unit mix, amenities and the possibility of creative short term financing or assumption of existing debt, 1151-1153 Walnut Avenue would be an excellent addition to any investors portfolio. The 32 unit property currently has an existing loan of approximately $2,300,000 @ 5.65 percent due in January 2015. Monthly payments are $14,860.54, this loan can be assumed or there may be other creative financing solutions. The four unit building has a loan balance of approximately $532,910 @ 3.125% with payments of $2,696.23.
The subject property is a one story 1950?s built garden style apartment building that is separately metered for gas and electric. This 21 unit apartment building should appeal to investors looking for a well kept asset in a great rental location. Caddy corner to an elementary school and in close proximity to many employers and freeways the apartment has great value for renters.
This property which consists of a four plex that has two 4br-1bth units and 2-3br-1bth units, plus 3 separate detached houses. The 3 houses are as follows 1640 is a 2br-1bth, 1644 is a 5br-1.5bth, and 1646 is a 4br-1th home.
Located a half block from Loma Alta Park and a few blocks from Drake Park. This building is convenient to Downtown Long Beach, Port, Anaheim corridor and public transit and freeway. Interior views of unit are now available. Owned by a non-profit that provides affordable housing, rents are below market. There is no restriction on the buyer with regards to raising rents to market. Identical units rent for different amounts due to a formula used by the non-profit based on tenant income and family size. A rental agreements are month to month tenancies. There are no leases and no Section 8. Many of the tenants may qualify for Section 8, which pays higher than rents currently charged. Garages are currently not rented. There is a large parking lot/driveway in front and additional parking pads/driveway off alley. Rents can change daily, as tenants move in or out. The property is self managed by the non-profit. Great opportunity for the right buyer.
Located in a strong rental area in Downtown Long Beach convenient to schools, transportation and shopping.Large lot on a quiet street.(2) Two Bedroom 1 Bath, (8) One Bedroom 1 Bath.5 garages. Laundry Hook-ups in all units.Gas and Electric individually metered.Long Term Tenants. Well maintained complex. Good opportunity for Investor.NO rent control.GRM AND CAP ARE BASED ON ACTUAL NUMBERS.DRIVE-BY ONLY. DO NOT DISTURB TENANTS.
Solid as a Rock for the alert investor! Comfortable stylish located in the Central Long Beach Redevelopment Project. All units are fully rented, has a great cash flow, and appreciation with upside potential. Building offers common laundry room for additional income, Some units have been completely renovated, Courtyard for picnics and entertaining, each unit has a separate gas and electric meters, and the lot is low maintenance requires very little landscape work. Units are gated, property has an enormous amount of potential, does a little and saves a lot. Property needs some tender loving, but could be tremendous with the right touches. Subject is convenient to freeway access, shopping centers, downtown, Anaheim street station, schools, amenities in the area, and just minutes from the beach. The price is startling, waiting for you to be the proud owner, in prime rental area.