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1819 Cerritos Avenue, Long Beach
$529,000
1 Beds ⋅ 1 Baths ⋅ RS26215643 MLS ⋅ Active Status
Turnkey 1-bedroom, 1-bath home in Long Beach that qualifies for up to $20,000 in grant funds for eligible buyers! This home has been fully remodeled and features an updated kitchen and bathroom, new plumbing and electrical, air conditioning, along with washer and dryer hookups inside. The home also features a built-in Murphy bed, giving you additional space for guests when needed. Outside, there is a detached garage that adds the possibility of an ADU if chosen or just simply extra storage, while there is additional off-street parking outside the gate of the property. Conveniently located near Downtown Long Beach, Signal Hill, Long Beach City College, Martin Luther King Jr. Park, walking trails, shopping, dining, and easy freeway access. A great opportunity for a first-time homebuyer looking for a remodeled, move-in-ready home in Long Beach, or even investors looking for an attractive buy-and-hold property with major upside.

1819 Cerritos Avenue, Long Beach

2064 Myrtle, Long Beach
$950,000
3 Beds ⋅ 2 Baths ⋅ DW26209857 MLS ⋅ Active Status
Professional photos and staging coming soon! Beautifully remodeled Craftsman-style home ready for its new owners! This charming property features a brand-new primary suite with a private bathroom, plus two additional spacious bedrooms and a beautifully updated guest bathroom. No expense was spared in the renovation. The home features brand-new plumbing and electrical throughout, new windows, new flooring, and a completely remodeled kitchen with new cabinets, fixtures, and finishes. Every detail has been thoughtfully updated to offer modern comfort while maintaining the character and charm of this beautiful Craftsman-style home. Step outside to the generously sized backyard, offering plenty of space for birthday celebrations, family gatherings, BBQs, and outdoor entertaining. A detached one-car garage provides additional convenience, while the long driveway offers ample parking. The spacious backyard also provides an exciting opportunity to add an ADU, while still maintaining plenty of usable outdoor space and parking. Come take a look at this beautifully renovated home and discover all it has to offer!

2064 Myrtle, Long Beach

302 E 19th Unit 3, Long Beach
$434,998
2 Beds ⋅ 2 Baths ⋅ PW26205495 MLS ⋅ Active Status
## Move-In Ready 2-Bedroom, 2-Bathroom Home in Long Beach Welcome to **302 E 19th Street #3, Long Beach, CA 90806**, a move-in ready 2-bedroom, 2-bathroom home offering approximately 1,000 square feet of comfortable living space in a convenient Long Beach location. Thoughtfully updated and ready for its next owner, this home features a **newly updated kitchen with brand-new stainless steel appliances, bamboo flooring in the living room, brand-new carpet upstairs, and a mini-split system in the primary bedroom**. The main living area offers a warm and inviting atmosphere with beautiful **bamboo flooring**, providing a clean, modern look while creating a comfortable space for relaxing or entertaining. The updated kitchen brings a fresh feel to the home with **new stainless steel appliances** and practical finishes that make everyday cooking and entertaining easy. Upstairs, the home's two bedrooms provide a private retreat from the main living areas. The **primary bedroom features its own mini-split system**, offering personalized temperature control and added comfort. Brand-new carpet throughout the upstairs adds another layer of freshness and makes the home feel truly move-in ready. With approximately **1,000 square feet, two bedrooms, two bathrooms, and a functional two-level layout**, this home offers the space and flexibility buyers are looking for without the work of a major renovation. The **one-car garage** provides dedicated parking and added convenience. Located in the **Long Beach 90806 / Poly High District area**, the property offers access to the many amenities that make Long Beach a desirable place to call home, including local shops, restaurants, parks, schools, transportation options, and everyday conveniences. Its location also provides opportunities to enjoy the broader Long Beach lifestyle, from neighborhood outings to the city's extensive recreation, dining, and entertainment options. For buyers searching for a **move-in ready 2-bedroom, 2-bathroom home in Long Beach, CA**, 302 E 19th Street #3 offers a combination of modern updates, comfortable living space, dedicated garage parking, and convenient location. With the major updates already completed, you can move in and start enjoying the home rather than taking on a long renovation list.

302 E 19th Unit 3, Long Beach

1345 Linden Avenue, Long Beach
$915,000
3 Beds ⋅ 2 Baths ⋅ SR26198491 MLS ⋅ Active Under Contract Status
Welcome to your new favorite corner of Long Beach. This fully remodeled 3-bedroom, 2-bathroom home blends clean, modern lines with warm, eclectic touches — think exposed wood accents, new fixtures, tastefully updated kitchen, and a color palette that feels curated, not cookie-cutter. Natural light pours through updated windows, and every finish was chosen with an eye for character over cookie-cutter builder-grade. The kitchen anchors the home with quartz counters, a statement tile backsplash, and stainless appliances — built for slow Sunday coffee or hosting friends for a casual dinner party. Both bathrooms have been reimagined with the same intentional style: think subway tile, brass hardware, and thoughtful lighting. Location is everything, and this one delivers. You're minutes from Long Beach's most walkable, creative corridors — vintage shops, indie coffee roasters, record stores, and some of the city's best local eateries are all just a short stroll or bike ride away. Downtown Long Beach, the Metro Blue Line, and the beach are all an easy trip from your front door, making this a great spot for anyone who wants city energy without giving up a laid-back, neighborhood feel. Don't miss your chance to own a piece of Long Beach's ever-evolving, design-forward housing stock. Homes this thoughtfully updated in this location don't last long.

1345 Linden Avenue, Long Beach

1749 Lewis Avenue, Long Beach
$859,000
3 Beds ⋅ 2 Baths ⋅ 26959955 MLS ⋅ Active Status
Welcome to 1749 Lewis Ave, a beautifully reimagined Long Beach residence where thoughtful design, modern finishes, and future potential come together. Fully remodeled with work permitted through the City of Long Beach, this move-in-ready home has been transformed from top to bottom, offering a fresh, elevated interior on an expansive 6,500+ sq. ft. R3-zoned lot. Inside, wide-plank oak-look luxury vinyl flooring creates a warm and cohesive flow throughout. The living space is anchored by a custom acoustic-paneled TV feature wall, adding architectural detail and a refined contemporary touch. The completely renovated kitchen features modern European-style cabinetry, Calacatta Gold quartz countertops, a Zellige-style tile backsplash, and stainless-steel appliances, creating a sophisticated space for everyday living and entertaining. Privately positioned at the rear of the home, the primary suite offers a comfortable retreat with a spacious his-and-hers closet and direct patio access to the landscaped backyard, creating a seamless indoor-outdoor connection. The en-suite bathroom has been thoughtfully redesigned with dual sinks, fluted cabinetry, and illuminated shelving for added storage and ambiance. Additional improvements include a brand-new HVAC system, new doors and windows throughout, updated landscaping, a new irrigation system, and newer vinyl fencing for added privacy. Outside, the expansive backyard provides generous space to entertain, relax, garden, or explore additional possibilities. The property's R3 zoning and lot configuration present an exciting working concept for future expansion: retain the main house as the primary dwelling with the potential to carve out up to approximately 500 sq. ft. for a JADU; convert the existing garage into an ADU, assuming it is a permitted structure and qualifies for conversion; and explore construction of a new detached ADU of up to approximately 800 sq. ft. in the rear yard. This potential configuration offers flexibility for multi-generational living, guest accommodations, or additional income opportunities while maintaining the beautifully remodeled primary residence. All JADU, ADU, garage conversion, square footage, and development possibilities are conceptual and subject to buyer verification, applicable requirements, permits, and City of Long Beach approval. Conveniently located near Anaheim Street, Pacific Coast Highway, Downtown Long Beach, the waterfront, and the Port of Long Beach, with access to shopping, dining, entertainment, beaches, and major transportation routes, 1749 Lewis Ave offers a rare combination of a turnkey remodeled residence, generous outdoor space, and meaningful long-term potential.

1749 Lewis Avenue, Long Beach

1972 Olive, Long Beach
$1,099,999
IG26192066 MLS ⋅ Active Under Contract Status
POLY HIGH SCHOOL DISTRICT INCOME OPPORTUNITY! Rarely available, this recently remodeled property offers four separate dwellings designed to maximize income potential. The front duplex features updated 2-bedroom/1-bath units, complemented by two newly constructed 1-bedroom/1-bath ADUs, creating an exceptional multi-unit investment opportunity. Each residence offers its own private living space, while dedicated private parking adds significant convenience and value. Ideally located in Long Beach’s desirable Poly High School District, close to shopping, dining, schools, transportation, and major freeways. Whether you're looking to expand your investment portfolio, house multiple generations, or generate multiple rental streams, this property delivers flexibility, modern upgrades, and outstanding income potential.

1972 Olive, Long Beach

1754 Linden Avenue, Long Beach
$695,000
3 Beds ⋅ 2 Baths ⋅ SB26191752 MLS ⋅ Active Under Contract Status
Arguably one of the most unique homes in the Poly High area of Central Long Beach, this 1913 Craftsman has been thoughtfully reimagined for modern living. Originally a 3-bed, 2-bath home with two upstairs bonus rooms, the property now offers an ideal setup for house hacking or multigenerational living. The main home features a ground-floor primary suite, two spacious upstairs bonus rooms, and a generous open layout with an updated farmhouse style kitchen, including a new refrigerator and dishwasher. The attached 1-bed, 1-bath apartment-style living quarters boasts new flooring, kitchenette and private access through a new exterior door. This space was used as a midterm rental and generated approximately $2,000/month. Major upgrades include a fully redone electrical system, new gas lines, EV charger, upgraded insulation, automatic motorized driveway gate, and app-controlled exterior lighting. The almost 5,000 sq ft corner lot features two porches, a spacious driveway, private fencing, refreshed landscaping, and a fully operational irrigation system. Garden enthusiasts will love the established avocado, peach, fig, orange, lemon, and tangerine trees, plus dedicated pepper and kale beds. Walking distance to Roosevelt Elementary, Poly High, and the light rail, this truly special Long Beach property offers character, flexibility, and functionality.

1754 Linden Avenue, Long Beach

1100 E Salt Lake, Long Beach
$799,500
6 Beds ⋅ 3 Baths ⋅ OC26191349 MLS ⋅ Active Under Contract Status
Incredible investment or multi-family opportunity in the heart of Long Beach! Located just 2.2 miles from the ocean, this classic duplex offers a prime location with immense potential. The front main unit has 5 bedrooms 2 baths; the detached back unit has a 1 bedroom 1 bath. Perfect for savvy investors looking to add a high-upside property to their portfolio, or for an owner-user family wanting to live in one unit and rent out the other to pay the mortgage. The property needs some TLC and cosmetic updates, making it the perfect blank canvas to build sweat equity and customize to your exact taste. Enjoy close proximity to Long Beach’s vibrant coastal lifestyle, beautiful beaches, local dining, shopping, and public transit. Whether you are looking for a steady rental income stream or a multi-generational family compound, this beach-adjacent duplex is an opportunity you don’t want to miss. Bring your toolbelt and your vision—this property is priced to sell and won't last long!

1100 E Salt Lake, Long Beach

1844 Atlantic Avenue, Long Beach
$1,100,000
SB26183509 MLS ⋅ Active Status
Rarely does a mixed-use property offer this much flexibility, visibility, and income potential. Positioned along a highly visible stretch of Atlantic Avenue with 30,000+ vehicles passing by each day, this unique property combines three street-facing commercial spaces, residential living, and a recently completed garage-conversion ADU into one compelling opportunity. For the income-focused investor, multiple existing revenue streams create a strong foundation, with three commercial spaces plus residential income and additional upside as rents and occupancy are optimized over time. With several different income sources under one roof, this is the kind of asset that offers diversification, flexibility, and plenty of ways to enhance long-term value. The original three-bedroom, three-bath residence is currently being used as a two-bedroom, two-bath living area and a one-bedroom, one-bath living area, creating added versatility within the residential portion of the property. Behind it, the recently completed garage-conversion ADU offers approximately 1,200 square feet with two bedrooms plus an office/bonus room, two baths, laminate flooring, quartz countertops, wall-mounted air conditioning, and two parking spaces. Three separate exterior doors provide exceptional access and added flexibility in how the space can be occupied and enjoyed. Freshly finished and currently vacant, it offers an immediate opportunity for additional rental income or owner occupancy. That flexibility creates several compelling ways to make the property work. An investor can benefit from diversified commercial and residential income. An owner-occupant may choose to live on-site while the remaining income-producing portions help offset ownership costs. A business owner could occupy one of the retail spaces while benefiting from income generated elsewhere on the property. And for the live-work buyer, the ability to live and operate a business from the same property is especially hard to replicate. Add in the exposure of Atlantic Avenue, three commercial storefronts, multiple existing tenants, a freshly completed ADU, and the ability to combine business, residential, and investment uses in one location, and the opportunity becomes even more compelling. High visibility. Multiple income streams. Owner-user potential. Live-work flexibility. And more than one way to unlock the value. This is not a one-size-fits-all property. That is exactly what makes it so interesting.

1844 Atlantic Avenue, Long Beach

1045 E New York, Long Beach
$550,000
1 Beds ⋅ 1 Baths ⋅ PW26189446 MLS ⋅ Active Status
Welcome to 1045 E New York Street, a charming 1-bedroom, 1-bath home offering an exciting opportunity in the heart of Long Beach! With approximately 649 square feet of living space situated on a 1,856-square-foot lot, this property offers a comfortable and efficient layout with plenty of potential to make it your own. Perfect for a first-time buyer, someone looking to downsize, or a buyer seeking a Long Beach property with investment potential, this home provides a great alternative to condo living with the added benefit of your own lot. The manageable footprint offers an excellent canvas for thoughtful updates and personalization. Conveniently located in the Poly High area near shopping, dining, schools, parks, and major transportation routes, with easy access to Downtown Long Beach and everything the city has to offer. Whether you're searching for a place to call home or your next real estate opportunity, 1045 E New York Street is one you won't want to miss. Come see the possibilities!

1045 E New York, Long Beach

1442 Alamitos Avenue, Long Beach
$725,000
3 Baths ⋅ 26862447 MLS ⋅ Active Status
An income-producing, recently remodeled triplex near the bustling downtown area and Long Beach Community College. Just five minutes from Alamitos Beach, this property offers easy access to the 710 and 405 freeways, making it highly desirable and easy to find tenants seeking both convenience and coastal living. Remodeled in 2021, the property features a newer roof, upgraded bathrooms, and fresh interior and exterior paint. Additional enhancements include new flooring in Unit B's main living area, energy-efficient split units in all three units, and improved downspout efficiency for better roofing performance. This triplex generates strong rental income, with all units currently on month-to-month leases. Unit A rents for $1,725, Unit B rents for $1,782 and Unit C is $1680 per month. Each unit is in excellent condition, and with reliable tenants in place, this turnkey investment offers immediate cash flow and minimal vacancy risk. With limited multi-unit properties available at this price point in Long Beach, this is a rare chance to own a well-maintained, income-generating asset in a high-demand rental market. Don't miss out on this exceptional investment!

1442 Alamitos Avenue, Long Beach

323 E Dayman Unit 3, Long Beach
$514,900
3 Beds ⋅ 2 Baths ⋅ OC26183042 MLS ⋅ Active Status
Price Improvement ~ Welcome to this beautifully updated 3-bedroom, 2-bath condo offering a bright, spacious, and inviting place to call home. The open-concept layout features an expansive kitchen that flows seamlessly into the living and dining areas, creating an ideal space for everyday living and entertaining. Tall ceilings and abundant natural light give the home an airy, open feel, while large windows showcase beautiful views of lush trees and the peaceful courtyard. The well-designed floor plan provides comfortable living spaces and three bedrooms, offering flexibility for guests, a home office, or additional living needs. Enjoy the convenience of an inside laundry area, along with a private 1-car garage providing convenient parking and additional storage. Beautifully updated and thoughtfully laid out, this condo combines generous living spaces, natural beauty, and everyday convenience—an inviting opportunity to enjoy comfortable Southern California living. Do not miss out on this opportunity ~ Your New Home Awaits!

323 E Dayman Unit 3, Long Beach

1868 Gardenia Avenue, Long Beach
$1,600,000
PW26178105 MLS ⋅ Active Status
An exceptional value-add opportunity in Long Beach, 1868 Gardenia Ave is a well-maintained 6-unit multifamily asset with no local rent control and subject only to statewide AB 1482 (5% + CPI). The property features an optimal unit mix of all 2-bedroom, 1-bathroom layouts, providing strong tenant demand and significant upside in rents. Recent improvements include new roof and fresh exterior paint. Rare for the area, the property includes 12 off-street parking spaces (two tandem spots per unit) maximizing tenant retention and rental rates. Positioned near key commuter routes, dining, and retail hubs, this property presents a compelling acquisition for investors seeking entry into one of Southern California's premier rental markets.

1868 Gardenia Avenue, Long Beach

400 E 21st, Long Beach
$615,000
3 Beds ⋅ 1 Baths ⋅ RS26176673 MLS ⋅ Active Status
Discover timeless **Spanish-style charm in the heart of Long Beach!** This inviting **two-story single-family residence** is tucked away on a small side street just off 21st Street, offering a convenient location with easy access to everything Long Beach has to offer. Beautifully remodeled and **ready for immediate occupancy**, the home features fresh interior and exterior paint, new flooring, and an updated kitchen with new cabinetry. The bathroom has also been completely renovated with new fixtures and finishes, creating a fresh and comfortable living space while maintaining the home's classic character. Conveniently located near the **Metro A Line (Blue Line)**, schools, public transportation, shopping, dining, and neighborhood amenities. Enjoy being just minutes from **Downtown Long Beach and the beach**, with convenient access to entertainment, restaurants, and the waterfront. **Competitively priced for the area**, this home offers an excellent opportunity for buyers looking for a remodeled property in very good condition without having to take on major improvements. Spanish-style character, a central Long Beach location, and move-in-ready condition make this a property you won't want to miss. **Schedule your showing today!**

400 E 21st, Long Beach

1136 E Alhambra Court, Long Beach
$950,000
IN26156931 MLS ⋅ Active Status
PRICE IMPROVEMENT - NOW OFFERED AT 11.8 GRM ON ACTUALS. PUT DOWN LESS THAN $50,000 WITH FHA FINANCING. Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

1136 E Alhambra Court, Long Beach

2321 Myrtle Avenue, Long Beach
$800,000
4 Beds ⋅ 2 Baths ⋅ 26858859 MLS ⋅ Active Under Contract Status
Welcome to this well-maintained contemporary home in a quiet Long Beach neighborhood. Offering 4 bedrooms (a biggest one was split into 2), 2 bathrooms, and permitted office / study room! It's approximately 1,585 square feet of living space on a huge 6,460-square-foot lot, this home provides a comfortable floor plan with new individual AC unit in each room, a two-car garage, and ample outdoor space. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this property offers an excellent opportunity for both homeowners and investors to add their personal touch and create lasting value. Tenant occupied. The seller may lease back a few months to relocate after close of escrow. Showing will be coordinated for only serious buyer whose financial has been verified. Do not bother the tenant. Buyer to have own inspection and verify all the property information.

2321 Myrtle Avenue, Long Beach

2130 Elm, Long Beach
$1,497,777
DW26151227 MLS ⋅ Active Status
Exceptional Long Beach Investment Opportunity! Don’t miss this beautifully remodeled multi-unit property in the City of Long Beach, offering the perfect combination of comfortable owner-occupancy and income-producing potential. The front home features 3 spacious bedrooms and 2 full bathrooms, providing a modern and inviting living space for the new owner. Behind the main home are three additional rental units, creating an excellent opportunity to generate rental income that can help offset the monthly mortgage payment. Whether you’re looking to live in the front house while building wealth through rental income or expand your real estate portfolio, this versatile property is an outstanding investment. The entire property has been recently remodeled, offering updated finishes and move-in-ready convenience. Properties like this are rare—ideal for homeowners, investors, or anyone seeking a property that combines lifestyle and financial opportunity. With generous lot size and favorable zoning, there's potential to add up to 4 ADUs (buyer to verify), creating an 8-unit income-producing property. Front House and one of the back units to be delivered vacant at close of escrow

2130 Elm, Long Beach

1323 Walnut Ave, Long Beach
$1,599,000
IN26149247 MLS ⋅ Active Status
PRICE IMPROVEMENT - NOW OFFERED AT A 10.4 GRM AND 6.1 CAP RATE ON ACTUALS. Great turnkey investment opportunity in a high-demand Long Beach rental market. This fully stabilized 6-unit multifamily asset features a strong mix of four 1-bed and two 2-bed units, all completely updated within the past year and performing at maximum market rents. Perfect for investors seeking immediate cash flow with minimal deferred maintenance. Completely updated electrical system rewired within the past year, reducing future CapEx risk. The property features a gated rear parking lot offering 8 dedicated spots and a 1:1 tenant-to-parking ratio. Easy freeway access just minutes from the 710, 405, and 605 freeways, the A Line Metro, and major employment hubs. Steps to the vibrant Anaheim Corridor and Cambodia Town dining, and blocks from the beach, walking paths, and ocean views.

1323 Walnut Ave, Long Beach

302 E 19th Street Unit 7, Long Beach
$425,000
2 Beds ⋅ 2 Baths ⋅ 26852679 MLS ⋅ Active Under Contract Status
Bright, airy and built in 2007, this 2-bedroom, 1.5-bathroom townhome features high ceilings and plenty of natural light. The lower level consists of the living room and kitchen, along with the convenience of a half bathroom and laundry room. Stainless steel appliances and forced heat ensure a comfortable lifestyle. There is currently a combo washer/dryer within the laundry room, however, there was previously a stacked washer + dryer in the same space. Sliding glass doors lead out to the private balcony, perfect for morning coffee or simply enjoying the California indoor-outdoor living. Heading to the second level, the skylight allows even more natural light to fill the space. This upstairs area contains both bedrooms and a full bathroom located off the hallway. One dedicated parking space is within the enclosed garage directly below the unit. Adjacent to the parking space is an additional storage area. No units are situated above or below this unit.

302 E 19th Street Unit 7, Long Beach

1065 E 19th, Long Beach
$980,000
PW26112788 MLS ⋅ Active Status
1065 E. 19th Street, Long Beach – Pride of Ownership 4-Unit Investment Opportunity Exceptional 4-unit property located in the highly desirable Poly High area of Long Beach. This well-maintained asset showcases true pride of ownership, with numerous recent improvements including a newer roof, fresh exterior paint, updated electrical panels, and newer dual-pane windows. The units have been carefully maintained, offering an attractive living environment for tenants and reducing future maintenance concerns for a new owner. Ideally situated near Long Beach Polytechnic High School and the Long Beach Transit network, the property provides convenient access to shopping, dining, parks, schools, and major transportation routes. Its central Long Beach location continues to attract strong tenant demand, making it an outstanding addition to any investment portfolio. A turnkey income-producing property with desirable upgrades, excellent curb appeal, and long-term upside in one of Long Beach's most sought-after rental markets.

1065 E 19th, Long Beach

1403 Elm, Long Beach
$799,000
DW26117307 MLS ⋅ Active Status
1403 and 1405 Elm Avenue offer an occupied duplex with a combined total of 5 bedrooms and 3 bathrooms, providing immediate income potential in an established Long Beach neighborhood. The property is available for purchase on its own, but what makes this offering particularly interesting is the opportunity to acquire additional properties from the same owner just down the street. 1425 and 1429 Elm Avenue are also for sale and are being offered together as a separate transaction. Those properties are currently leased and occupied by the Long Beach Unified School District. Buyers may purchase 1403/1405 independently or acquire all three offerings, creating a larger assemblage with more than 27,000 square feet of combined lot area—well over half an acre in Long Beach. Putting together multiple properties in the same location can take years, making the availability of these properties at the same time a unique opportunity. Whether purchased as an income-producing duplex or combined with 1425/1429 Elm Avenue for a larger future development plan, 1403/1405 offers flexibility for both investors and developers. Buyer to verify zoning, development possibilities, parcel configurations, square footage, lease information, and all intended uses with the City of Long Beach. See private remarks for additional information regarding the other properties available for purchase.

1403 Elm, Long Beach

1403 Lemon Avenue, Long Beach
$1,198,000
SR26107777 MLS ⋅ Active Status
SELLER FINANCING AVAILABLE AT 5% INTEREST—AN EXCEPTIONAL OPPORTUNITY FOR QUALIFIED BUYERS, SUBJECT TO SELLER APPROVAL AND MUTUALLY AGREED-UPON TERMS. Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, all in one of Southern California’s most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: • One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. • One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. • Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently two vacancies, 1403 Lemon Ave delivers an impressive 8.76% cap rate—a rare find in today’s Southern California market. With below-market rents in place and room for value-add improvements, there’s still significant upside potential for rental increases over time, particularly as the Long Beach rental market continues to strengthen. For investors seeking a stabilized asset with future growth potential, this property offers both: strong existing cash flow and long-term opportunity for rent optimization and appreciation. Parking & Storage: Valuable Add-Ons The property includes four garages and two uncovered driveway parking spaces, a premium amenity in this densely populated urban neighborhood. These spaces could potentially generate additional income if rented separately or bundled with leases—another layer of return on your investment. Garages may also appeal to owner-users, short-term rental hosts, or tenants needing extra storage. Prime Location Near Downtown Long Beach

1403 Lemon Avenue, Long Beach

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.