Downtown Area, Alamitos Beach (4) Real Estate

Downtown Area, Alamitos Beach (4) Real Estate

Welcome to the vibrant Downtown Area of Long Beach, California, where urban sophistication meets coastal charm! Nestled along the stunning Southern California coastline, this lively district is a hub of culture, dining, and entertainment, making it a sought-after destination for both residents and visitors alike.

One of the highlights of Downtown Long Beach is its proximity to Alamitos Beach, a picturesque stretch of sandy shoreline that beckons sun-seekers and beach lovers. Here, you can enjoy a leisurely stroll along the boardwalk, soak up the sun, or indulge in a variety of water sports. The beach’s inviting atmosphere is perfect for families, couples, and anyone looking to unwind by the Pacific.

The Downtown Area boasts an eclectic mix of shops, restaurants, and art galleries, creating a dynamic urban landscape. From trendy cafes to upscale dining options, there’s something to satisfy every palate. Don’t miss the local farmers' market, where you can sample fresh produce and artisanal goods while mingling with the community.

Cultural enthusiasts will appreciate the nearby museums, theaters, and live music venues, offering a rich tapestry of entertainment options. The Long Beach Convention Center also hosts a variety of events throughout the year, ensuring there's always something exciting happening.

With its perfect blend of beachside relaxation and urban energy, Downtown Long Beach and Alamitos Beach present an unparalleled lifestyle. Whether you're looking to buy, rent, or simply explore, this area promises a vibrant community and endless opportunities for adventure. Discover the charm of Long Beach today!

Newest Listings in Downtown Area, Alamitos Beach (4)

$3,200,000
SB26197731 MLS Active Status
We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside through modest rent growth and potential garage-area ADUs. At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well- renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalization and potential future ADU development. The property offers investors a true ease-of-management opportunity. Current ownership extensively renovated the building with the intention of holding it for the long term, completing comprehensive upgrades while preserving its original 1930s Spanish-style character. The rehabilitation was executed with that character in mind, including restoration of original oak flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized quality, durability and longevity. With the renovated units leased at market rents, a new owner benefits from immediate stabilized income without the execution risk, downtime or capital requirements typically associated with a value-add renovation program. Importantly, the pro forma rents can be achieved through annual rent increases alone, with no further capital expenditure required. 1211 Magnolia Avenue is situated in Long Beach’s Willmore neighborhood, just minutes from Downtown Long Beach, its waterfront amenities and the 710 Freeway.

1211 Magnolia Avenue, Long Beach

$499,000
2 Beds 2 Baths DW26196674 MLS Active Status
Welcome to this spacious and well-appointed corner unit in the desirable Whalers Run community, offering 2 bedrooms, 2 bathrooms, and 2 parking spaces. The thoughtfully designed floor plan provides added privacy, with the primary suite positioned on the opposite side of the home from the secondary bedroom, ideal for guests, a home office, or roommates. The bright and inviting living room features a cozy gas fireplace, large windows that bring in an abundance of natural light, and sliding glass doors that open to an oversized private balcony, perfect for relaxing, entertaining, or enjoying your morning coffee. The kitchen is equipped with stainless-steel appliances, including a range and dishwasher, along with a convenient breakfast bar that opens to the dining area and creates an easy flow for everyday living and entertaining. Additional highlights include central air conditioning, in-unit laundry, generous living spaces, and two dedicated parking spaces. Whalers Run offers residents a variety of community amenities, including a sparkling pool, relaxing spa, recreation room, and service elevator. Conveniently located near restaurants, shopping, parks, entertainment, and Downtown Long Beach, this home puts everything you need within easy reach. With its desirable corner location, functional floor plan, large balcony, and impressive list of features, this is an opportunity you won't want to miss!

628 Daisy Avenue Unit 222, Long Beach

$888,000
SB26196998 MLS Active Status
We are pleased to present 1071 N Almond Ct, a five-unit apartment building and multi-layered value-add opportunity in a strong Long Beach infill location. The building is 3,221 SF, sits on a 4,257 SF lot, and benefits from a strong unit mix of (3) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units. At $177,600/unit and $275.69/SF — both well below comp averages — the offering represents an attractive entry basis in a tightly held submarket. At a 3.5% CAP rate and 15.8 GRM on current in-place rents, this offering carries roughly 125% in rent upside, which would impute a 10.1% Market CAP and 7.0 Market GRM on stabilized market rents. Four units are occupied at rents well below market; the rear unit will be delivered vacant and requires full renovation. Further, the building benefits from efficient lot coverage, with a detached rear garage presenting a potential ADU conversion candidate and a second garage ADU opportunity once the rear building is renovated (buyer to verify). In addition, the property scores 93 on Walk Score and sits roughly three miles from the Port of Long Beach, which supports an estimated one in five jobs citywide. Demand is further supported by Anduril's $1 billion Douglas Park campus and its roughly 5,500 projected jobs. Full build-out of highest and best use is modeled at a 16.1% unlevered IRR over a 7-year hold. See OM for details. Offered as-is, where-is; buyer to verify zoning, rebuild rights, and ADU eligibility with the City of Long Beach.

1071 N Almond Court, Long Beach

$265,000
1 Baths PW26195762 MLS Active Status
Welcome to the iconic Wilmore Building, a historic Downtown Long Beach landmark offering timeless architecture, vintage charm, and an unbeatable coastal location. This top-floor studio condo in Downtown Long Beach is filled with natural light and showcases sweeping views of the Downtown Long Beach skyline and the San Gabriel Mountains through oversized windows. Inside, the residence features tall ceilings, fresh interior paint, easy-care flooring, abundant cabinet storage, and a charming built-in dressing cabinet that adds to the home’s classic character. The vintage bathroom preserves the architectural charm that makes homes in the historic Wilmore Building so unique. Residents of the Wilmore Building enjoy an elegant vintage lobby, a relaxing solarium, and a rooftop patio garden with impressive city views—an inviting place to enjoy coastal breezes, sunsets, and the vibrant Downtown Long Beach atmosphere. Located in the heart of Downtown Long Beach, this studio condo is just moments from the beach, Shoreline bike paths, local restaurants, coffee shops, nightlife, shopping, and entertainment. Enjoy convenient access to The Pike Outlets, Shoreline Village, Pine Avenue, the Long Beach waterfront, public transportation, and major freeways. Whether you’re looking for a Downtown Long Beach condo, a coastal pied-à-terre, or an opportunity to own a piece of Long Beach history, this top-floor studio at the Wilmore Building offers a distinctive combination of location, character, views, and urban coastal living.

315 W 3rd Unit 1011, Long Beach

$974,555
3 Beds 2 Baths DW26194178 MLS Active Status
A rare opportunity combining turnkey living, rental income potential, and future development upside on an approximately 7,500 SF lot in Long Beach. The property features a beautifully remodeled 2-bedroom, 1-bath primary residence plus a newly completed, legal 1-bedroom, 1-bath attached ADU with its own completely separate entrance and no interior connection between the units. The main residence has been extensively updated and offers an inviting open-concept living, dining and kitchen layout, updated kitchen and bath, newer flooring and finishes, and a functional bedroom arrangement that includes direct bathroom access from one bedroom. The separate ADU was thoughtfully designed to maximize its approximately 384 SF footprint and includes a full kitchen, full bath, dedicated laundry hookup, mini-split heating and air conditioning, and its own private exterior entrance. Refrigerators and ranges are included in both residences, and each unit has its own stackable laundry hookup. Live in the primary residence and rent the ADU, occupy the ADU while leasing the larger home, or operate both as rentals - the property offers exceptional flexibility for an owner-occupant, multigenerational household, or investor. Outside, the unusually deep lot provides a two-car carport plus extensive additional space for parking, vehicles, storage, outdoor use, or future development. The property is located within Long Beach's PD-30 Downtown Plan area and a designated Opportunity Zone. Importantly, the property previously received City approval for development of five condominium units, demonstrating its substantial redevelopment potential. Selling agent and buyer to independently verify current zoning, development standards, entitlements and Opportunity Zone benefits. The ADU is awaiting final inspection, with final City sign-off to be completed prior to close of escrow. A unique combination of a move-in-ready home, independent second residence, abundant land and long-term development optionality.

1028 E 10th, Long Beach

$375,000
1 Beds 1 Baths PW26193497 MLS Active Status
Welcome to 1329 E. 1st Street, Unit 40, a beautifully remodeled one-bedroom, one-bath residence in the heart of Long Beach’s highly desirable Alamitos Beach neighborhood. Located on the top floor of the charming Stardust Building, this thoughtfully updated home combines modern style, abundant natural light, and an unbeatable coastal location. The professionally remodeled interior features an open-concept great room created by joining the living area and kitchen, resulting in a spacious and inviting layout. The updated kitchen opens seamlessly to the living and dining areas, while two large windows fill the main living space with natural light. Being on the top floor provides an additional sense of privacy and brightness, with no neighbors above. The living and dining area is enhanced by attractive beadboard detailing and classic chair rails, adding character and charm to the contemporary updates. Additional improvements include newer flooring, fresh paint, and a beautifully updated bathroom. The unit offers only one common wall and no unit above, providing added privacy and quiet. Building amenities include convenient on-site laundry located just up a small staircase. Ideally situated just one block from the Pacific Ocean and Long Beach’s approximately five-mile beach and bike path, this home puts you within easy reach of the best of Alamitos Beach. Enjoy nearby restaurants, coffee shops, shopping, entertainment, downtown Long Beach, and convenient access to public transportation and major freeways with easy connections to Los Angeles. With its professional remodel, top-floor location, low-density feel, and exceptional proximity to the beach, 1329 E. 1st Street, Unit 40 is a wonderful opportunity to enjoy the quintessential Long Beach coastal lifestyle.

1329 E 1st Unit 40, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.