The median home value in Long Beach, CA is $446,100.
the county median home value of $445,300.
The national median home value is $170,100.
The average price of homes sold in Long Beach, CA is $446,100.
Approximately 37.85% of Long Beach homes are owned,
compared to 54.88% rented, while
7.27% 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. This is a meticulously maintained 32 unit building in a great rental area of LB. 2 buildings on 2 parcels (1146 Magnolia = 7272004010, 1152 Magnolia = 7272004009). A great mix of 24 - 1 Bed/1 Bath units and 8 - 2 Bed /1 Bath units. Buildings are very sizable (22,998 sq ft). A large lot (18,197 sq ft) offers tenants a courtyard and a rock waterfall. 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 definite room to raise rents - NO rent control in LB. Please call for further income and expense information on this well managed building. This is a great opportunity for the savvy Long Beach investor to add an incredible building to your portfolio! Income is actual and expenses are estimated. Proforma rent for 2 bedrooms is $1200. Proforma rent for 1 bedrooms is $950. Total annual Proforma income = $404,400/yr - GRM = 11.62 - Proforma Cap = 5.84
609 - 619 West 7th Street property is fully remodeled with Four Studios and Fourteen One Bedroom & 1 Bath Units. This 18 Unit apartment complex is located in Downtown Long Beach with a new redevelopment plan for the entire community. The property is close to schools, shopping, restaurants, civic center and freeway close. Occupancy is at 100% currently with long term tenants. Please feel free to show and call regarding any questions.
This property which consists of a four plex that has 2-4br-1bth units and 2-3br-1bth units. Plus 3 separate detached houses .The 3 houses are as follows 1640is a 2bdr-1bth, 1644 is a 5bdr-1.5bth,1646 is a 4bdr-1bth. Seller is very motived and wants to sell.
This 15 Unit mixed use investment property consists of 13 residential units and 2 commercial units. The building is separately metered for gas and electric, has approximately 8,424 rentable Sq. Ft. and situated on a 6,002 Sq. Ft. Lot. This property is located in the great rental market of Long Beach and provides a significant cash-on-cash return from day 1! This deal also has great assumable financing at 3.5% fixed through July of 2018 (assumption is not required to purchase the property). This opportunity will not last long!
PRICE REDUCTION BY 50K; The Daisy Apartments are a fully renovated 14-unit apartment building located at 1045 Daisy Avenue, Long Beach, California in the heart of the Wilmore District, a premiere location in Downtown Long Beach. The property is one block west of Magnolia and three blocks north of the seventh street corridor. The asset is a two story, courtyard building consisting of 13 studios and 1 one bedroom. The wood frame, painted stucco building offers 5,476 rentable square feet and was constructed in 1923 and renovated in 2014. The property was recently separated for electric meters and circuit breakers, cooper plumbing and offers many upgrades: new Saltillo and Talavera tiled exterior stairs, new exterior lighting with custom rod iron, LED chandeliers, building owned laundry machines (2 washers/2 dryers), renovated kitchens with new counters, flooring, appliances, custom Dunn Edwards interior and exterior pain colors, new LED interior lighting/ceiling fans. This coastal location also offers easy accessibility to many major freeways making commuting for tenants easy. Because of the quality of the asset and the exceptional location, the building boasts strong occupancy history with potential to increase rents. One unit is non-conforming
Great bread and butter units centrally located in thriving downtown Long Beach. 15 Unit apartment building with 2-2 bedroom, 10-1 bedroom and 3 studio units. Close to schools, shopping, 710 Freeway and Metro-Link. Building has been well maintained by professional management company. Additional revenue from on site laundry facility. Units are separately metered for gas and electric.
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.
MIX-USE PROPERTY with two separate buildings and plenty of parking spaces. Front building has two retail units. The second building is a 4-plex: two 2 bed/1 bath & two 1 bed / 1 bath. Electrical system updated in 2005. New AC unit installed in 2008 (Retail units). Most units have been remodeled with new flooring, carpet, heating system, new windows & upgraded kitchen and bathrooms. There is one gas and electrical meter for each unit. Month-to month leases. 6 parking spaces plus additional unmarked parking space in the middle of the two buildings. Property has 3 addresses: 631, 629 & 623 E 7th St. Long beach CA.
The Daisy Apartments is a well located apartment building close to Downtown Long Beach and is priced to sell. The property consists of 12 studios and 4 garages. Property is well maintained and has significant upside in rents. With a market cap rate of over 6.5%, an astute investor will realize the potential value.
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