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Long Beach Multi-Family Properties for Sale

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Newest Long Beach Multi-Family Homes for Sale

BB23176583 MLS Active Status
5 units situated on a nearly 8000 square foot lot. With upside potential, possible room for expansion, and 2 units being delivered vacant - this is an incredible investment opportunity. The units are a mix of 2 SFR's and an apartment building with 3 units. One of the houses and the biggest unit in the apartment will be delivered vacant. Pro forma potential of $129k/annually. Here are the details: 1050 Orange Ave: (FRONT HOUSE) A spacious 4-bedroom, 1-bath home boasting 1,300 sq ft. Features window air conditioners Parking: Comes with an open-air parking spot. Rent: Currently rented at $2,200/month (month-to-month) with potential for upside. 1052 Orange Ave: (ONE HALF OF THE BUILDING - DELIVERED VACANT) A 4-bedroom, 1-bath residence set across two levels, measuring approximately 1,300 sq ft. Equipped with 2 heat pumps for both AC and heating. Newer Appliances. Parking: Private space with potential for tandem parking for 2 cars. Delivered Vacant: Market rent $2,500. 1054 Orange Ave (SECOND FLOOR - OTHER HALF OF BUILDING) An efficiently designed 1-bedroom, 1-bath unit on the second floor covering 600 sq ft. Equipped with two wall-mounted AC units. Rent: Currently leased at $1,200/month. 1056 Orange Ave: (FIRST FLOOR - OTHER HALF OF BUILDING) 2-bedroom, 1-bath home stretching around 850 sq ft. Newly renovated kitchen and a completely redone master bedroom. Parking: Includes an open-air parking spot. Rent: Currently leased at $1,850/month with upside potential 1051 Norman Court: (BACK HOUSE - DELIVERED VACANT) A standalone 4-bedroom, 1-bath house with about 1,000 sq ft of living space. Comes with a separate entrance and private tandem parking for 2 cars. Delivered vacant, could fetch around $3,000 after move-out renovation. Notable Features & Upgrades: An efficient solar-powered electrical gate that works year round. Copper plumbing throughout most of units. Sewer line replaced 2010 This is a chance to invest in a property that offers both stable rent roll and potential for growth. Current tenants in place have long histories, signifying the desirability of this location. With two units available, this property provides flexibility for either owner occupancy or to lease at market rates. Come and see the potential for yourself!

1050 Orange Avenue, Long Beach

PW23173192 MLS Active Under Contract Status
Great Duplex or House with Mother-in-law Quarters! Completely REMODELED Front and Back! Front of Home/Duplex has decorative wooden fence. Super long driveway for 2 to 3 cars to park in. Parking alone is a Goldmine in this area! The garage at end of the driveway is used for storage. Nice sized front porch for entertaining, reading a book, or just enjoying the outside. As you enter, you will see a very open floor plan with the Family Room open to the Kitchen. The actual Livingroom area is off the Family Room/Kitchen and can be used as a bedroom. It has potential to be a great primary if closets are added. Beautifully appointed Fireplace in the Living Room. All newer Kitchen with newer appliances which come with the home. The Breakfast Bar is stationed in the middle between the living room and open kitchen. There is a laundry room and if used as duplex, shared with the back unit. The gas washer and dryer also come with the home. The back unit has its own side entrance and has nice sized living area which leads to a pleasant back yard. The bedroom is very large bedroom and it's a great little hideaway. Newer 3/4 bath, cute Kitchenette, and a small eating area too. Live in the back and rent the front or vice versa. Close to the 710 and 405 freeways. Blocks from the Beach and thriving Downtown Area. Great one-level home plus Mother-in-law or Father-in-Law quarters. This is a Great buy and TURNKEY Home! Come take a tour, this one won't last!

1410 Elm Avenue, Long Beach

OC23169558 MLS Active Status
Prepare to be blown away by this absolute gem in the highly sought-after Lakewood Village community of Long Beach. These units are Located just minutes away from schools, parks, prestigious golf courses, and vibrant shopping centers, this property offers the epitome of accessibility. Nestled within a peaceful neighborhood, the units of this property exude a sense of privacy and tranquility. As you enter, be prepared to be greeted by a delightful front yard, providing the perfect space for the residents to unwind and soak in the serene ambiance. The first unit boasts two spacious bedrooms and one bathroom, complete with all the necessary amenities. The front patio adds a touch of elegance and relaxation. The remaining three units encompasses a generous one bedroom and one bathroom, providing ample space for residents to enjoy. The well-equipped kitchen and sizable family room further enhance the elegance and practicality of these units. And that's not all - tucked away in the back awaits an additional Accessory Dwelling Unit (ADU) one bedroom one bath. This remarkable feature opens up a world of possibilities. Parking will never be a concern with four dedicated parking spaces and a three-car garage that comes with the property. Moreover, plenty of street parking is available with a convenient city permit, guaranteeing easy access for residents and their guests. Don't miss out on this opportunity to purchase this stunning four-unit property, coupled with an exceptional ADU. Don't miss out on this extraordinary opportunity - it truly is a must-see.

4213 Pepperwood Avenue, Long Beach

11 Beds 8 Baths 23310541 MLS Active Status
Huge 200k Price Reduction! 8-unit building with 6 fully renovated residential units (100% occupied) and 2 store-front retail units (with RTI plans to convert to 2 residential units) in Long Beach. Incredible Current Cap Rate of 6% and 11.9 GRM from day 1 with upside to 7.3% Cap Rate and 10.2 GRM on Proforma. RTI Plans to convert each retail store into a 2 bed/1 bath residential unit to maximize rents. Large unit mix consisting of 1 (3bed/1bath), 4 (2bed/1bath), 1 (studio/1bath), and 2 large storefronts. Preliminary plans to add 2 Detached (3bed/1bath) ADUs for future upside. Rare 5 vacant garages in the back for additional income. The 8-unit building presents a unique opportunity for investors and business owners alike. With 6 recently renovated residential units the upside potential for rental income is significant. In addition, the two store-front retail units offer excellent visibility and foot traffic in a bustling commercial area. The location of this property is highly desirable with proximity to major transportation routes and popular amenities such as parks, restaurants, and shopping centers. Furthermore, the recent renovations of the residential units have added value to the property making it an attractive investment opportunity for those looking to capitalize on its upside potential. Overall, this 8-unit building represents a promising proposition for investors seeking high returns in one of Southern California's thriving communities.

1861 Pacific Avenue, Long Beach

230015928SD MLS Active Status
For the savvy buyer, a beautifully restored triplex with a 3BR 2BA front house and two 1BR/1BA units offers the possibility of income generator, owner-occupied, or both! This gorgeous 1923 property showcases the charm of classic bungalow style with a host of modern updates and thoughtful design. Beautifully restored by the Avi Ross Group, the front house features a light and airy open concept floor plan. Coveted original hardwood flooring is stunningly restored, imbuing the myriad modern appointments with a sense of California history. That includes an elegant modern kitchen with stainless appliances, quartz counters and a breakfast bar that opens to the dining and living area. Both luxurious baths are fully renovated with custom vanities and stylish integration of the built-in amenities that exemplify homes of this period. The front house includes laundry, a generous driveway, and spacious private back yard. At the rear of the 5,723 sqft lot, you’ll find a duplex, featuring two 1BR/1BA apartments, shared laundry, and 3 garage units. The property has seen $200,000 in upgrades including recent investment in new attic insulation for energy efficiency. There is also potential to add an ADU in the back building with existing plumbing available for easy conversion. Don’t miss this exceptional opportunity at 1147 Ximeno Avenue in the highly desirable Eastside neighborhood of Long Beach, California, situated around the corner from Recreation Park, a short five-minute drive to both Cal State Long Beach and 2nd Street, and proximate to Traffic Circle area retail. This property generates close to $100,000 in gross rental income, 4.6% cap rate and after recent renovations requires very little maintenance. The 210.9-acre Long Beach recreation park is a short 5min walk away, home to both an 18- and 9-holes golf course, Billie Jean King Tennis Center, a lawn bowling green and both Joe Rodgers Field and Blair Field. The community center offers a wide range of art, walking, fitness and aerobic classes. The recreation park also has 2-acre dog park, lighted at night.

1147 Ximeno Avenue, 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.