Downtown Area, Alamitos Beach Real Estate

Downtown Area, Alamitos Beach Real Estate

Welcome to the vibrant Downtown Area of Alamitos Beach, a hidden gem nestled in the heart of Long Beach, California. This coastal enclave perfectly blends urban sophistication with laid-back beach vibes, making it one of the most desirable places to live in Los Angeles County.

Alamitos Beach is renowned for its picturesque shoreline, where golden sands meet the sparkling Pacific Ocean. Residents and visitors alike enjoy leisurely strolls along the beach promenade, basking in the warm California sun, and indulging in the array of water sports available, from paddleboarding to beach volleyball.

The Downtown Area is a bustling hub of activity, offering a delightful mix of trendy boutiques, gourmet restaurants, and lively entertainment options. Stroll through the charming streets and discover local artisans, vibrant street art, and an eclectic mix of cafes that cater to every palate. The nearby Pine Avenue is a culinary hotspot, featuring everything from casual eateries to upscale dining experiences.

Cultural enthusiasts will appreciate the proximity to the Long Beach Museum of Art and the iconic Queen Mary, both of which offer a glimpse into the rich history and artistic spirit of the region. The area is also home to an array of festivals and events throughout the year, fostering a strong sense of community among residents.

With its perfect blend of beachside relaxation and urban excitement, the Downtown Area of Alamitos Beach is not just a place to live; it’s a lifestyle. Whether you’re seeking a vibrant community or a serene retreat by the ocean, this charming neighborhood has something for everyone. Come and experience the magic of Alamitos Beach!

Newest Listings in Downtown Area, Alamitos Beach

$1,199,900
4 Beds 3 Baths ACTIVE Status
Versatile and turn-key investment opportunity at 530 Almond Ave. This Long Beach DUPLEX has been thoughtfully updated and remodeled, offering a fresh, modern aesthetic across both units. Whether you're looking for a savvy addition to your portfolio or a property with built-in income potential, this one delivers. The property is currently performing well, with a front 3BD + 2BA house fully remodeled with a spacious and bright living room, dining area, renovated bathrooms and fully equipped kitchen with brand new LG appliances with fridge, stove, microwave, dishwasher and garbage disposal, as well as new countertops, new cabinets, new fixtures. Additional features include new recessed lighting, new vinyl flooring, covered one car garage, gated driveway with space for 3 cars, central AC on the front unit and a washer and dryer room in unit. All plumbing, electrical and HVAC systems have been upgraded. Relax outside and enjoy a large backyard area with new landscaping already occupied by tenants paying excellent rents, providing immediate cash flow from day one. The second unit is a 1BD + 1BA upstairs unit sitting above the garage on a separate building and remodeled with a mini split A/C unit. In addition to the two primary units, the property features a non-conforming studio situated below the 1BD unit, offering even more flexibility for creative use or additional workspace. Spacious backyard on an expansive lot with room for an ADU or additional improvements. The property includes a garage and a spacious driveway with enough room to accommodate multiple vehicles comfortably. With its stylish finishes, updated systems, and significant income potential, this is a standout opportunity to own a high-functioning property in a vibrant location. The expansive lot has room for further development potentially adding two ADUs (buyer to verify). One bedroom unit to be delivered vacant! Main house and studio are tenant occupied and bringing good income! Shown with accepted offer only.

530 Almond Ave, Long Beach

Courtesy of Compass, Federico Rolon - CA DRE#01909524

$315,000
1 Beds 1 Baths ACTIVE UNDER CONTRACT Status API Property Management BLDG.
Looking for a true NYC-style loft aesthetic but crave the privacy of a dedicated bedroom? Historic charm meets an ideal downtown location in this top-floor, 1-bed, 1-bath architectural gem. Featuring almost 700 sq. ft. of character-filled space, this unit offers the best floorplan in the building, boasting only one shared wall and brilliant natural light from massive west-facing windows framed by original exposed brick. This unique loft-alternative features soaring ceilings with dramatic wood beams, newer floors, and a beautifully remodeled kitchen complete with stainless steel appliances and a center island. The open-concept kitchen flows seamlessly into the living room for easy entertaining. The spacious, private bedroom offers ample closet space and built-in shelving, while the large bathroom has been thoughtfully updated to complement the building's vintage 1920s aesthetic. Charming built-ins, a large hall pantry/storage closet, remote-controlled wall climate units, and modern ceiling fans complete the space. The Urban complex features a ground-floor garden courtyard, secured controlled-access lobby with Amazon parcel lockers, and on-site laundry. While there is no on-site parking, there are plenty of monthly parking options nearby. Located just blocks from Shoreline Village, the Long Beach Aquarium, incredible restaurants, bars, and parks, with Belmont Shore and Naples just a short drive away.

800 Pacific Ave Unit 401, Long Beach

Courtesy of Radius Agent Realty, David Hernandez - CA DRE#01888249

$1,399,900
10 Beds 4 Baths ACTIVE Status Owner BLDG.
RARE 4-UNIT OWNER-USER, VALUE-ADD & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 117 W. 9th Street presents a unique opportunity to acquire a Long Beach multifamily property with TWO VACANT 2-BEDROOM UNITS. 50% OF THE PROPERTY AVAILABLE FOR IMMEDIATE OCCUPANCY OR LEASE-UP! The two currently occupied units generate $3,355 per month / $40,260 annually, with existing rents of $1,995 and $1,360. This provides established income from day one while leaving TWO 2-BEDROOM UNITS VACANT and available for a new owner to immediately reposition, improve, occupy, or lease at current market rents, subject to applicable laws. For an OWNER-USER, the opportunity is particularly compelling: occupy one of the vacant 2-bedroom units while receiving rental income from the occupied units and retaining an additional vacant 2-bedroom unit for future rental income. For an INVESTOR, 50% vacancy creates the opportunity to immediately address a significant portion of the property's income potential rather than waiting for existing tenants to vacate. Current annual operating expenses are approximately $17,390, with current NOI of approximately $22,870 BEFORE ANY INCOME FROM THE TWO VACANT UNITS. The property's current financial performance therefore reflects only 50% physical occupancy and should be evaluated together with the potential income available through lease-up of the two vacant units. Multiple strategies are available: OWNER-OCCUPY, LEASE-UP, RENOVATE, VALUE-ADD, HOLD, or 1031 EXCHANGE. Existing income + two vacant 2-bedroom units + immediate control of 50% of the units creates a compelling opportunity for a buyer seeking long-term upside. PORTFOLIO SALE: 117 W. 9th Street is being offered as part of a portfolio sale together with 1089 E. 7th Street, Long Beach, providing an opportunity to acquire multiple Southern California multifamily assets. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer. Buyer to independently verify all rents, expenses, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and owner-occupancy requirements.

117 W 9th St, Long Beach

Courtesy of eXp Realty of California Inc, Kory Jackson - CA DRE#01315324

$1,399,900
6 Beds 4 Baths ACTIVE Status
STRONG LONG BEACH MULTIFAMILY INVESTMENT & PORTFOLIO OPPORTUNITY! Offered at $1,399,900, 1089 E. 7th Street presents investors with an opportunity to acquire an income-producing Long Beach multifamily asset generating approximately $8,000 PER MONTH / $96,000 IN ANNUAL GROSS RENT. With approximately $27,465 in annual operating expenses, the property generates an estimated NET OPERATING INCOME (NOI) OF $68,535, representing an approximate 4.90% CAP RATE at the offered price. The property also reflects an approximate 14.58 GRM, providing investors with an attractive combination of existing income, cash flow, and long-term ownership potential in the Long Beach rental market. Unlike opportunities that depend primarily upon future projections, 1089 E. 7th Street offers substantial EXISTING RENTAL INCOME from day one. The property's income profile makes it well suited for a long-term multifamily investor, portfolio buyer, or 1031 Exchange purchaser seeking replacement property with established cash flow. Located in Long Beach, the property provides access to one of Southern California's established rental markets and offers investors the opportunity to acquire a multifamily asset with approximately $96,000 in annual gross rental income while maintaining the potential for future rent growth, operational improvements, and long-term appreciation. PORTFOLIO OPPORTUNITY: 1089 E. 7th Street is being offered as part of a portfolio sale together with 117 W. 9th Street. The properties offer complementary investment strategies: 1089 E. 7th Street provides high existing income, and 117 W. 9th Street offers two vacant 2-bedroom units with owner-user and value-add potential. Contact listing agent for portfolio details and terms.1031 EXCHANGE: Seller intends to complete an IRC Section 1031 Tax-Deferred Exchange. Buyer to cooperate with Seller's 1031 Exchange at no cost or liability to Buyer; also to independently verify all rents, expenses, income, vacancies, market rents, square footage, unit configuration, permits, zoning, financial information, and all other property information.

1089 E 7th St, Long Beach

Courtesy of eXp Realty of California Inc, Kory Jackson - CA DRE#01315324

$959,000
3 Beds 2 Baths ACTIVE Status
Welcome to 933 Walnut Ave, a beautifully restored 1917 Craftsman in the heart of Long Beach's desirable Craftsman Village near Rose Park. Thoughtfully reimagined while honoring its historic charm, this home seamlessly blends timeless character with modern functionality. The fully remodeled kitchen has been redesigned with an open layout, featuring a spacious peninsula, custom cabinetry, new countertops, and updated appliances perfect for both everyday living and entertaining. Throughout the home, you'll find thoughtful improvements including new hardwood flooring, custom closets, updated lighting, and important structural and electrical upgrades offering both comfort and peace of mind. The finished garage adds a flexible space ideal for a home office, studio, or creative retreat. The guest bathroom has been lovingly rebuilt from the studs, bringing in fresh finishes while preserving the charm of the original clawfoot tub. The primary bathroom has also been refreshed with updated fixtures and lighting. Outside, the home continues to shine with carefully restored details and beautifully designed drought-tolerant landscaping. The backyard feels like a private retreat, complete with a relaxing Zen water feature, creating a peaceful space to unwind and enjoy the outdoors. A timeless Craftsman, thoughtfully renewed ready to be lived in, loved, and carried forward.

933 Walnut Ave, Long Beach

Courtesy of Christie's International Real Estate SoCal, Dominic Kennedy - CA DRE#02083855

$322,000
1 Beds 1 Baths ACTIVE Status The Californian BLDG.
Charming fourth-floor corner junior one-bedroom condo in the iconic Californian, offering abundant natural light from multiple windows and impressive views of the city, mountains, the Port of Long Beach, and the Long Beach International Gateway Bridge. This inviting residence presents an exceptional opportunity to enjoy the energy, convenience, and character of Downtown Long Beach living.The pet-friendly historic building features an elevator, on-site laundry, a bike room, a shared rooftop solarium, and two private storage spaces. The building has also recently completed a major electrical upgrade, allowing owners the option to install their own ductless heating and air conditioning systems for added comfort and convenience.Ideally located just two blocks from the A Line Metro station, the public library, and the restaurants, cafs, and nightlife along Pine Avenue. Enjoy easy access to public transportation, bike lanes, waterfront attractions, the harbor, shopping, entertainment, and the beach. With a Walk Score of 95, this is a true walker's paradise. Monthly utilities, including water, gas, and electricity, average approximately $35, offering exceptional affordability. Combining historic charm, a desirable corner location, a junior one-bedroom layout, beautiful views, and an unbeatable downtown location, this home is an excellent opportunity for buyers seeking convenience, character, and value in one of Long Beach's most vibrant neighborhoods.

325 W 3rd St Unit 410, Long Beach

Courtesy of Grate Real Estate, Yessenia Buezo Munoz - CA DRE#02202851

$1,199,000
3 Beds 2 Baths ACTIVE Status 1000 E Ocean HOA BLDG.
**Experience Coastal Luxury in This Stunning 3 Bedroom, 2 Bath Beachfront Condo! **It's all about the view! Welcome to this exquisite beachfront condo offering breathtaking panoramic ocean views extending to Newport Beach, along with stunning vistas of the Queen Mary, marina, and coastline your beachfront paradise awaits! Step inside to discover a fabulous interior featuring freshly painted walls and elegant hardwood floors throughout. The inviting living room has a cozy gas fireplace and sliding doors that lead to a large balcony, perfect for soaking in the sun and scenery. The well-appointed kitchen has seen thoughtful upgrades in the last five years, including a new refrigerator, new countertops, a new dishwasher, and a garage disposal, making it perfect for culinary enthusiasts. The generous master bedroom offers direct access to the balcony and an exquisite en-suite bathroom featuring a jetted tub, dual sinks, and a separate glass shower, along with a spacious walk-in closet. Two additional bedrooms are well-sized for guests or family. Modern comforts include a brand-new HVAC system with a programmable thermostat, a new water heater, and a separate laundry area with a full-sized washer and dryer. Enjoy the convenience of a retractable screen on the front door for fresh air without the bugs. This secure building boasts fantastic amenities like a gym, spa, pool, recreation room, card room, billiard room, yoga studio, sundeck, and direct beach access. Plus, with two assigned parking spaces and additional on-site storage, every need is thoughtfully addressed. Perfectly located near local restaurants, shops, and attractions such as the Aquarium of the Pacific and Shoreline Village, you're just a short drive to the vibrant dining on 2nd Street in Belmont Shores. Don't just dream of beachside living make it a reality! Experience everyday vacation mode in this exceptional turnkey condo. Schedule your private tour today and embrace the coastal lifestyle you've been waiting for!

1000 E Ocean Blvd Unit 104, Long Beach

Courtesy of Coldwell Banker Realty, Joel Newton - CA DRE#01225388

$6,999,000
8 Beds 30 Baths ACTIVE Status
PRICED TO SELL - 9.3 GRM and 7.4% CAP at market rents. 30 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean with 16 onsite underground parking spaces (all are single spaces). 25 units were updated in the past 5 years and taken down to the studs - all new kitchen cabinets, counter tops, updated bathrooms, flooring and windows. 6 units have W/D's in them. The common areas and exterior were also redone. The Seller has spent over $2MM in CAP EX. The property features 30 legal units and 1 non-conforming 1 bed unit (401). The non-conforming unit can likely be legalized under the Long Beach Amnesty Program - Buyer to verify. The property has an 87 Walkscore. It has a 200 AMP main panel and 50 AMP subpanels - Buyer to verify. There is onsite laundry in the basement and 6 units have W/D in them as well. Based on area rental comps, there is approximately 14% rental upside, allowing an owner to achieve a 9.35 GRM and 7.4% CAP once rents are leveled to market. Excellent lender financing is available for qualified Buyers- 5.4% 5-year fixed debt. Earn over an 7.5% Cash on Cash Return against in place rents with upside to a 11%+ return at market. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games.

1152 E 1st St, Long Beach

Courtesy of The Agency, Jonathan Swire - CA DRE#01336277

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