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

$1,199,000
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

$2,049,000
2 Beds ⋅ 12 Baths ⋅ ACTIVE Status
PRICED TO SELL - 9.6 GRM AND 6.5% CAP. EARN OVER A 9% CASH ON CASH RETURN. 12 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style building completely remodeled down to the studs. New electrical, plumbing, kitchens, baths, lighting, etc. - Buyer to verify. Seller spent over $600K on the remodel. The property is professionally managed and features an excellent unit mix of studio and 1 bed units. There is no onsite parking but plenty of street parking. The property features a Walkscore of 85 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. 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. Excellent lender financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down.

1208 Daisy Ave, Long Beach

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

$1,458,000
8 Beds ⋅ 8 Baths ⋅ ACTIVE Status
PRICED TO SELL - EARN OVER A 10% RETURN AGAINST IN PLACE RENTS. 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS. 8 Units on the Westside of Long Beach close to Downtown, subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). 1 story, bungalow style units with a total of 5 structures on the lot. The property is professionally managed and features an excellent unit mix of studio, 1 and 2 bed units. The property has upside to a 9.1 GRM and 7.5% CAP. The property has parking for 3 cars in the rear of the building. All units have separate water heaters and the electrical subpanels were recently upgraded. The main electrical panel is a 200 AMP Siemens panel (Buyer to verify). All interiors are well maintained and feature laminate flooring, tile in the baths and updated kitchens. The property features a Walkscore of 86 and is a just a few minutes walk from Downtown and the Metro station. There has been over $8BB in redevelopment in Long Beach in the past 10 years including a ton of new class A apartments and restaurants. The property is also conveniently located close to the 710 Freeway providing access to employment throughout LA and Orange County. Excellent financing is available for qualified Buyers at 5.4% fixed for 5 years, with 25% down. 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.

740 Daisy Ave, Long Beach

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

$2,165,000
12 Beds ⋅ 11 Baths ⋅ ACTIVE Status
PRICED REDUCED TO SELL AT 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9.1 GRM and 7.4% CAP. 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. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.

727 Olive Ave, Long Beach

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

$1,250,000
3 Beds ⋅ 2 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. One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.

530 Almond Ave, Long Beach

Courtesy of Compass, Federico Rolon - CA DRE#01909524

$3,475,000
14 Beds ⋅ 14 Baths ⋅ ACTIVE Status
PRICED TO SELL - 9.3 GRM and 7.0% CAP at market rents. 14 units in prime 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, all units have been tastefully remodeled and 12 of the 14 units feature in unit W/D's. The front building was constructed in 1913 and the rear structure in 1956. All units were updated in 2020 including new kitchen cabinets, counter tops, updated bathrooms and flooring. Many units have private outdoor patios/spaces. The building was also recently painted green. The property features 5 garages, 1 carport and 2 open parking spaces. The 5 garages in the rear could potentially be converted into 2 new ADU's - Buyer to verify. Currently no tenants pay for parking, it is included as part of their lease. The front building (8 units) is master metered and the rear building (6 units) is separately metered for utilities. The property has an 87 Walkscore as well. Based on area rental comps, there is approximately 11% rental upside, allowing an owner to achieve a 9.35 GRM and 7.0% CAP once rents are leveled to 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.

1142 E 1st St, Long Beach

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

$969,000
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

$339,000
1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ The Californian BLDG.
Charming, top-floor corner penthouse in the iconic Californian, offering western views of the city skyline. This rare one-bedroom gem is full of character, featuring stunning exposed brick throughout, solid hardwood floors, and an abundance of natural light from multiple windows. The layout offers a formal dining room with custom wooden built-ins perfect for extra storage or a coffee bar, while the adorable kitchen is accented with vintage-inspired tile. The bedroom provides a large closet alongside a classic tiled bath with a soaking tub.The building is pet-friendly and features an elevator, on-site laundry, and a rooftop club room. For added comfort and convenience, the HOA has recently paid for and is completing electrical upgrades to allow owners the option to install their own ductless AC/heat units. Reserved parking is available for rent in the lot directly next door, based on availability. Ideally situated in a highly walkable location near shops and the harbor, and just a short stroll or bike ride to the beach and ocean.

325 W 3rd St Unit 502, Long Beach

Courtesy of Equity Union, Wesley Earley - CA DRE#01412888

$579,000
1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ Queensview HOA BLDG.
Experience elevated coastal living in this beautifully updated top-floor beachfront residence with sweeping ocean views and abundant natural light, just steps from the sand. The open-concept layout provides comfort and flow, featuring a remodeled kitchen with quartz countertops, stainless steel appliances, shaker cabinetry, and under-cabinet lighting. The upgraded bathroom delivers a spa-like feel with a granite vanity and custom-tiled shower. Enjoy resort-style amenities including a pool, fitness center, and sauna. Ideally located near downtown Long Beach, you're moments from dining, cafs, shopping, farmers markets, and waterfront attractions. Covered parking and the privacy of no upstairs neighbors complete this exceptional coastal home, ideal as a residence or investment.

1140 E Ocean Blvd Unit 310, Long Beach

Courtesy of Beycome Brokerage Realty Inc., Jeffrey Sklar - CA DRE#02075404

$529,000
1 Beds ⋅ 1 Baths ⋅ ACTIVE UNDER CONTRACT Status ⋅ Queens View BLDG.
Located in the highly sought-after beachfront Queens View community, this beautifully remodeled residence offers the rare opportunity to enjoy breathtaking, direct ocean views from every room. Unlike side-facing or Ocean Boulevard-facing units, this premier interior location provides unobstructed Pacific Ocean vistas while remaining sheltered from street noise. Recently updated throughout, the home features a desirable open-concept floor plan, a brand-new air-conditioning system, and a spacious private balcony, perfect for relaxing while taking in the sights and soothing sounds of the ocean. Queens View is a secure, resort-style community situated along prestigious Ocean Boulevard, offering direct beach access and an impressive collection of amenities, including a pool, spa, sauna, sundeck, fitness center, and more. The HOA provides exceptional value by covering cable, internet, water, and trash services. This exceptional residence also includes a secure parking space and additional storage. Combining a prime location, stunning ocean views, modern upgrades, and outstanding community amenities, this is a rare opportunity to own one of the most desirable homes in Queens View.Be sure to view the video tour and experience this remarkable beachfront property for yourself.

1140 E Ocean Blvd Unit 220, Long Beach

Courtesy of eXp Realty of Greater Los Angeles, Christopher Jones - CA DRE#02139600

$2,140,000
12 Baths ⋅ ACTIVE Status
2nd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.5% from day 1 with easily achievable upside to 8.1% Cap Rate on Proforma. Priced at only 178k per unit for a Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) paving a clear way to reach market rents and the 8.1% Proforma Cap Rate in the near future. The property features 12 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Select units have been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers on-site laundry which has been remodeled and generates additional income. Located in the heart of Downtown Long Beach, just steps from the East Village Arts District, Alamitos Beach, the Long Beach Convention Center, Aquarium of the Pacific, Queen Mary, and the Beach! Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime coastal urban corridor.

623 E Broadway, Long Beach

Courtesy of Global Platinum Properties, Inc., Armin Soleimani - CA DRE#01846872

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