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623 E Broadway, Long Beach
$2,075,000
12 Baths ⋅ ACTIVE Status
3rd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.75% from day 1 with easily achievable upside to 8.4% Cap Rate on Proforma. Priced at only $172k 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 8.4% 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., Julio Ruiz - CA DRE#01911261

325 W 3rd St Unit 410, Long Beach
$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

615 E Broadway Unit 304, Long Beach
$409,900
1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ A.R.K management BLDG.
Downtown Long Beach Condo with assigned Parking space - Walkable Coastal LifestyleExperience the combines the coastal relaxation and urban sophistication in this stunningly remodeled corner-unit residence. Positioned in the heart of Long Beach's most vibrant corridor, this airy and spacious one-bedroom home is a sanctuary of light, upgraded for the modern buyer who demands both style and substance.This bright and airy fully remodeled corner residence provides an exceptional opportunity to own in one of Downtown Long Beach's most desirable coastal locations - well positioned between the vibrant downtown district and the beach.Unlike standard units, this corner residence is bathed in natural light, creating an expansive atmosphere that feels exceptionally open. The spacious one-bedroom layout features an open-concept living and dining area enhanced with upgraded lighting throughout, to complement the bright, sun-drenched living areas.The thoughtfully renovated kitchen is equipped with full-size appliances, an induction range, and ample cabinetry, well suited for both everyday living and entertaining.Unlike many other 1-bedroom units in the building and downtown area, this condo comes with its own secure, assigned parking space-saving you from the neighborhood's parking hassle. This is incredibly rare and high-value asset in this building that significantly enhances daily convenience and long-term resale value.The generously sized bedroom accommodates a queen-sized bed comfortably and includes space for a home office or work area, great for today's flexible lifestyle needs.Boasting an incredible Walk Score, This unit puts the best of Long Beach at your doorstep. Whether you are heading to the office or the ocean, everything is within reach:* Daily Essentials at Your Door: Life is made easy with Vons supermarket and Starbucks directly across the street. Your morning coffee and grocery runs are just a few footsteps away.* The Beach Life: Only two blocks from the sand and the scenic shoreline bike path. Enjoy morning runs by the ocean or sunset walks at Shoreline Village and the Queen Mary waterfront.* Transit & Connectivity: A commuter's dream-just one block from the Metro Blue Line for easy access to LA, with bus lines running everywhere from your doorstep.* Downtown Vibrancy: Walking distance to the Long Beach Convention Center, The Pike Outlets, and the world-class dining and nightlife of Pine Avenue.Whether you are seeking a primary residence, weekend getaway, or investment opportunity, this light-filled turnkey condo truly captures the best of Long Beach living - it brings together coastal charm, modern comfort, and everyday convenience in one of the city's most vibrant and walkable neighborhoods.More than just a home, it is an invitation to the ultimate "Work-Live-Play" coastal lifestyle.

615 E Broadway Unit 304, Long Beach

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

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