Refine Search
Sort by
1512 Sherman Pl, Long Beach
$2,800,000
20 Beds ⋅ 11 Baths ⋅ ACTIVE Status
1512 Sherman Pl | 11-Unit Multifamily, Long Beach. 1963-built asset totaling 9,557 SF on a 15,291 SF lot in an established residential corridor near Long Beach's Eastside. The property features a balanced mix of six 2+1 units, three 1+1 residences, and two 3+2 units with eleven on-site parking spacesa structural advantage in this supply-constrained submarket. All eleven units are currently occupied and fully stabilized, with in-place rents averaging $2,129/month against market rents of $2,185 and the entire portfolio positioned to capture rent growth at each lease renewal through Long Beach rent control. Offered at $2,800,000 ($254,545/unit | $292.98/SF) with a 6.62% in-place cap rate, the real story is operational simplicity and organic growtha 6.88% pro forma cap and immediate distribution capacity as rents normalize through turnover with zero capex required.

1512 Sherman Pl, Long Beach

Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian - CA DRE#02060040

1503 N Stanton Pl, Long Beach
$2,375,000
20 Beds ⋅ 10 Baths ⋅ ACTIVE Status
1503 Stanton Pl | 10-Unit Multifamily, Long Beach. This 1960-built asset totals 6,710 SF across a front and rear building on a 10,736 SF R-2-N lot in Long Beach's Zaferia neighborhood, a short walk from neighborhood shopping and 1.2 miles from Long Beach City College. The property features (10) 2BR/1BA units averaging 671 SF. Eight of 10 units are occupied at an average rent of $2,008 against a $2,095 market rent, and Units 1 and 4 are delivered vacant for the buyer to lease at market. Offered at $2,375,000 ($237,500/unit | $353.95/SF) with a 7.13% cap rate at lease-up, the real story is yield: a cap rate above every comparable sale reporting one, with a 7.48% pro forma reached through natural turnover and no renovation program.

1503 N Stanton Pl, Long Beach

Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian - CA DRE#02060040

1135 Raymond Ave, Long Beach
$2,170,000
16 Beds ⋅ 10 Baths ⋅ ACTIVE Status
PRICE REDUCED - HIGHLY COVETED 1980'S CONSTRUCTION - PRICED AT 9.7 GRM AND 7.0% CAP ON MARKET RENTS for 80's construction. 9 units in Long Beach built in 1987, NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located in a great location on the East side. 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. It also features onsite parking for every unit - a rarity in parking impacted Long Beach. The property features an excellent unit mix of 1 and 2 bed units with rents approximately 10% below market. Built in 1987 this property features copper plumbing and modern electrical. Qualified Buyers can obtain a new loan fixed at 6.1% for 5 years, Interest Only. 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 City also approved a $38MM revamp of Long Beach Airport in preperation for the 2028 Olympic games.

1135 Raymond Ave, Long Beach

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

1036 Cherry Ave, Long Beach
$2,125,000
10 Beds ⋅ 8 Baths ⋅ ACTIVE Status
Huge ~500k Price Reduction! 8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 8% from day 1! Excellent unit mix of 1 (3bed/1bath) unit and 7 (1bed/1bath) units including 2 brand-new attached ADUs. Several units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash, further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) for future upside. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

1036 Cherry Ave, Long Beach

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

2212 E 15th St, Long Beach
$1,775,000
16 Beds ⋅ 8 Baths ⋅ ACTIVE Status
2212 E 15th St | 8-Unit Multifamily Investment, Long Beach. This 1960-built asset totals 5,256 SF on an 8,409 SF lot in Eastside Long Beach, between the Cherry Avenue corridor and Zaferia. It sits a few blocks north of Anaheim Street's restaurants and coffee shops and just south of Pacific Coast Highway retail and bus lines. The property features (8) 2BR/1BA units averaging 657 SF across a front and back building, with eight on-site parking spaces at a 1:1 ratio. Six of eight units are occupied at an average rent of $1,962, four of them already at the $1,995 market rent, and Units 1 and 2 are delivered vacant. Offered at $1,775,000 ($221,875/unit | $337.71/SF) with a 7.13% cap rate on scheduled rents and a 9.39 GRM, the real story is yield a 7%+ cap at a sub-$225K basis, with two units the buyer can lease or renovate on their own terms from close.

2212 E 15th St, Long Beach

Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian - CA DRE#02060040

1740 Ohio Ave, Long Beach
$1,234,000
4 Beds ⋅ 2 Baths ⋅ ACTIVE Status
huge rare noble move-in ready Beach city 140'deep by 70'wide secluded 1fam live-work residence zoned R-2 and nextdoor to 2-4+ unit parcels. lots of fixtures everywhere like 10 sinks, hosebibs, fans, etc. mere steps from PCH & Signal Hill, ready for prime reimagining/redevelopment. includes 3 structures spaced apart by multiple paved patio areas and ranch-like gravel paths along mulched planters, providing abundant mix of indoor & outdoor space for continued versatile use immersed in nature. breathtaking mtn & dwntn views from lush green jungle front yard and while hiking adjacent TempleAv up to Hilltop Park. all-around botanical oasis of countless succulents, 55 cypress, 5 citrus, 5 canary island date palms, old bbq isle, backyard trails, aviary and most importantly, 3 separate structures! 1st, the 1923 4/2 TWO-STORY dwelling plus 640sf 1/1 attached addition; 2nd a DOUBLE-DOOR 768+sf garage with pet/plant shower & EV charger. 3rd, just a 192sf potting/tool shed, but all 3 have shared elec, hotwater, gas; J/ADU/RCFE potential. all copper/ABS/LED upgrades. alas, needs further improvement to bring non-conformities up to current code, like non-Sylvania elec panel, tenting, new roof at least over garage rear, probably central heat/cool and cosmetics like fancier countertops, removal of popcorn from few of house's 12 rooms.. 2nd flr already turnkey airbnb/str layout. florist retiring after decade of selling flowers, foliage, houseplants, shellcraft produced onsite as ebay powerseller.owner taking potted plants but furniture negotiable (current layout sleeps fam of ~12 thx to rms ; property where-is; value in expansive land. in-ground shrubs/trees/fences/walls/fixtures will not be trimmed more nor removed and there will be no neighbor lotline addendum etc as theres only minor fence encroachment- borders already surveyed, marked in 2014,. already broomswept vacant, no contingencies considered. DO NOT KNOCK/TRESPASS.

1740 Ohio Ave, Long Beach

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

1485 Obispo Ave Unit 6, Long Beach
$399,000
2 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ Val Villa BLDG.
PRICE JUST REDUCED TO $399,000 AND LOWER YOUR INITIAL MONTHLY PAYMENT WITH A SELLER-FUNDED RATE BUYDOWN!!!! Welcome to 1485 Obispo Avenue, Unit 6. This charming 2-bedroom, 1-bathroom condo offers comfortable living just minutes from the water. Spanning 800 square feet, step inside this TOP FLOOR home and discover an open floor plan that flows seamlessly from the living space to a welcoming breakfast bar, perfect for casual meals or catching up with friends. The IN-UNIT washer and dryer add ultimate convenience, but there's also additional laundry in the building to make life even easier. The unit includes 1 car gated garage space for added convenience. Enjoy your morning coffee or evening unwind time on your private balcony your outdoor escape right at home. This low rise building has everything you need for a relaxed, carefree lifestyle in the heart of Long Beach. Come see this unit today and make this fantastic space your new home!

1485 Obispo Ave Unit 6, Long Beach

Courtesy of Compass, Assad Motavasseli - CA DRE#01968689

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).

How much is your home worth?

Get instant property value now!