Incredible opportunity for a savvy investor. Major Fixer-Upper Fourplex on a large 7500+ sq ft lot in a great investment area. Four garages plus gated parking for another 2 cars. HUGE front yard provides plenty of room to build additonal units if city allows (buyer to verify). Must be a CASH or HARD MONEY deal. Probate Sale with no court confirmation required per the attorney. Check the comps in the area and you'll see how much upside there is in this one. Income and expenses listed are estimates/projections only and buyer is advised to do their own research. HURRY!!
EXCELLENT ASSUMABLE FINANCING FIXED AT 3.75% UNTIL APRIL 2025. Cash on Cash during year 1 will push 8%+ with this excellent debt option. 9 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. 10.86X GRM and 5.8% CAP with upside to 6.4% CAP. Located on the West Side blocks from Down Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree lined street. The property is professionally managed and well maintained. All units have their own private parking included and most have a private outdoor patio. All have W/ D hookups. All units have their own water heater. Current loan is with Luther Burbank Savings (now WA Fed). Loan amount is
Quadplex property with 3 separate buildings. Front unit is a detached 3 bedroom 2 bath, middle building is two units, a 1 bedroom 1 bath and a studio unit and the back unit is a detached 4 bedroom 2 bath. Newer exterior paint. Property will not be delivered vacant, tenants are current. Don’t miss your opportunity to add this quadplex to your portfolio.
1929 Spanish 4 plex with long term tenants. 2 buildings, each with 2 units, separated by a courtyard. Configuration of each unit is as follows: #1415 (Bottom Left) and #1417 (Top Left): Both each have 2 bedrooms + 1 bath . 1415 has a laundry room, 1417 has a utility room. / #1419 (Bottom right): 2 bedrooms + 1 bath + laundry room/ #1421 (Upper Right, sits over the 3-car garage): 4 bedroom + bonus room + laundry room. 3 units have access to one garage each. Property has been maintained and in many ways updated. Exterior Recently Painted. Updated Electric Panel. Newer Garbage Disposals and Water Heaters in 2 units.
PRICED TO SELL. 10X GRM and a 6.5% CAP on actual rents with upside to a 7.1% CAP. 10 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Built in 1987, the property is professionally managed and well maintained. There are 14 onsite parking spaces - 1 for each unit plus 4 for rent. The 2nd floor units feature tall, vaulted ceilings and some have partial ocean views. The Property has an onsite laundry room. All units were updated from 2017-2019. The subpanels are 50 AMPS and the main panel is 200 AMPS. Plumbing is copper - Buyer to verify. Priced at only $340/SF. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSE
Step back in time with this captivating 4-bedroom, 2-bathroom Victorian-style home, offering a blend of historical elegance and modern opportunity. Built in 1907, this charming residence boasts original architectural details that evoke a sense of nostalgia and grandeur. The unfinished basement, running the length of the house, provides expansive space for storage or creative conversion. Additionally, the R2 designation within an Opportunity Zone presents a unique opportunity for investors to build up to four units at a lower financed interest rate, making it ideal for those looking to expand or develop. Nestled in the Willmore Historic District rich with history, this home is perfect for an
California Dreamin' Own a Piece of the Future in Long Beach! This captivating detached fourplex offers a unique opportunity for investors and owner-occupants alike. Nestled in the heart of vibrant Downtown, Long Beach, this California Bungalow property boasts an approx. 3,000 square feet, a fantastic walkable location near the Beach and 3 individual Garages+ The crown jewel is the stunning main house, newly built in 2017. This 4-bedroom, 2-bathroom residence offers modern living with a touch of classic California charm. Perfect for an owner-occupant, it provides a comfortable and stylish home base. But that's not all! Three additional units, each with 2 bedrooms and 1 bathroom, creat
Calling all INVESTORS and EXPERIENCED LANDLORDS to this 2 units gem in Long Beach. The units' living quarters are detached and occupied by long-term tenants and they would love to stay. Each unit has three bedrooms, 2 baths, and a two-car garage. The real highlights of these units lie in their potential rental incomes once they are refurbished. Both units need updating. SOLD-AS-IS, WHERE-IS. Bring your imagination. 5-minute drive to the beach and is close to shopping centers and schools. DO NOT DISTURB THE TENANTS. BUYER TO TAKE OVER BOTH TENANTS AT THE CLOSE OF ESCROW.
UPDATED ENTRY LEVEL CONDO FOR FIRST TIME HOME BUYER/INVESTOR. This 2-bed, 2-bath condo offers 827 sqft of modern living space. Enjoy an open layout, sleek kitchen with working appliances, and in-unit laundry. The primary bedroom boasts an ensuite bathroom, while the second bedroom offers great natural lighting and space. Located centrally for easy access to shops, dining, and transportation. Just a few miles from the beach. Includes a private garage spot. Don't miss out on this opportunity!
PRICED TO SELL. 9.9 GRM AND 5.8% CAP WITH UPSIDE TO A 6.6% CAP. 11 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. The property is professionally managed and well maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. EMAIL LA FOR MORE INFORMATION INCLUDING A CURRENT RENT ROLL AND EXPENSES.
This comfortable 2 bedroom, 2 bathroom condo is located in the desirable community of Long Beach. Modern open concept kitchen looking out the patio through sliding glass door. Newer fresh paint with tasteful laminated flooring throughout the unit. Master bedrooms has 2 closets and a private bathroom with tub. The second bedroom is connected to second bathroom, with a bathtub. This unit comes with 2 side by side parking spaces in a ground level gated complex. Convenience location, close to the convention center, California State University, and downtown Long Beach.
14 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Priced at 11.3X GRM and 5.6% CAP on current rents - with upside to a 5.9% CAP. The property is professionally managed and well maintained. Some units have updated kitchens, baths and flooring. The property also just received updated landscaping and paint. The building features and excellent unit mix for the area and is located blocks from $8BB worth of redevelopment in the Down Town Long Beach area. There is no onsite parking but there is onsite laundry. The electrical is Siemens - it's a 200 AMP main panel with 30 AMP subpanels (Buyer to verify). EMAIL LA FOR MORE INFO INCLUDING A CURRENT RENT ROL
Discover an exceptional investment opportunity within this meticulously renovated quadraplex, boasting a generous 2,952 square feet of living space priced at a competitive $338 per square foot. Built in 1923, this property seamlessly merges historic charm with contemporary upgrades, offering a blend of character and functionality. This four-plex presents four expansive one-bedroom units, thoughtfully designed to easily convert into two-bedroom layouts, providing versatility to accommodate varying tenant needs. Each unit is a testament to quality craftsmanship and modern convenience, featuring recent enhancements including new windows, stucco, paint, as well as essential plumbing and electri
Triplex in Wilmore City, historic Long Beach! One 2 bedroom and two studios. 2 out of 3 units have been updated. All units have 1920's vintage character. Building had full replumb job. Units have stoves and refrigerators. All units have small "yard" area. Close to Downtown Long Beach and major transportation.
This charming condo is ideally situated in the heart of downtown Long Beach, specifically the East Village Art District neighborhood. If living in an area where the arts, culture and diversity are of abundance, then this is the place for you! Within blocks you will discover plenty of independent shopping, art galleries, eateries, bars and much more excitement! The unit itself is a spacious 1-bedroom condo located in a small, private, GATED community and is situated on the top floor. It even comes with an oversized 1-car garage. The dual pane vinyl windows allow tons of natural light to wash into the unit. Beautiful hardwood floors are found in the main living areas, with tiled flooring i
1148 E Arcadia Ct. is a 4-unit Craftsman style apartment building located in the Poly High neighborhood of Long Beach. The location offers easy access to Long Beach Poly High School and Long Beach City College. The property is comprised of 3 detached buildings. The front building is a duplex with (1) split level 2bed/1bath unit and (1) 1bed/1bath unit. There are (2) 2bed/1bath homes in the back with private yards. All 4 units have their own laundry hookups. The interiors of all 4 units are in good condition.
Great Cash-Flow Deal! Located just outside of booming Downtown Long Beach, 1409 Magnolia Ave is a well-maintained 6 unit building with a high yielding unit mix of (3) 3Bed/1Bath, (2) 2Bed/1Bath, and (1) 1Bed/1Bath units. The property currently grosses $13,516/month and operates at a 6.85% CAP and 10.45 GRM. 1409 Magnolia Ave is the ideal investment for investor looking for day 1 cash-flow with significant upside in rental income. The subject property is located just outside the $6 Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Project, CSULB Downtown Village, Broadway Block, the Pacific and Qu
LIVE IN ONE UNIT AND RENT OUT 2 UNITS FOR EXTRA INCOME. UNIT 1 HAS 2 BDRM 1BA LIVING ROOM AND KITCHEN. UNIT 2 HAS 1 BDRM 1 BA LIVING ROOM AND KITCHEN. UNIT 3 HAS 1 BDRM + DEN 1 BA LIVING ROOM AND KITCHEN. CLOSE TO PUBLIC TRANSPORTS SHOPPING CENTERS, BEACH, AQUARIUM, AND MINUTES TO OC AND LA AREAS. DON'T MISS THIS OPPORTUNITY!! BE THE FIRST TO MAKE AN OFFER
LARGE FAMILY HOME. SOLD AS-IS! Spacious Three Bedrooms Two Baths Near Poly High School, All Bedrooms are good sizes. Detached Bonus Room and Great Detached Workshop. And Two Car Garage. Very good size Home and a lot of potential for a ADU. Buyer and buyer's agent to verify all information square footage all permits and all pertaining to the condition and to perform their own due diligence. Needs some TLC. PLEASE SEE SHOWING INFORMATION.
In a highly sought-after Long Beach location! Step inside your own 1200-square-foot oasis featuring two spacious bedrooms, two full bathrooms, and a versatile loft that could be transformed into a home office, gym, or guest room. Open floor plan with vaulted ceilings! Remodeled kitchen with tile flooring, breakfast bar, lots of cabinets, slider to balcony to enjoy your morning coffee and stainless appliances including dual fridge/freezers! Dining area off of kitchen with tile flooring! Spacious living room with cozy fireplace and slider to 1 of 2 balconies! Parking is a breeze with the two designated spaces in the underground garage! Just a short distance from the vibrant energy of Ocean Bl
Spacious Property with Business. Super Coin Laundry with a high return. Located on a busy intersection off of Pacific Ave and Pacific Coast Highway. 3 Bed 1 bath apartment on second level of business with 10 parking spaces. Also includes an extra large storage space.
Totally remodeled, turnkey 8-unit (6+2 brand new ADU's) property in a high demand rental area of Long Beach. Great unit mix with one 3 bed/1 bath unit, five 2 bed/1 bath units, and two brand new 1 bed/1 bath detached ADU's. High yield, low expense property at an in-place cap rate of 5.8% and a GRM of 11.15 with an additional 8% in upside to a market cap rate of 6.5% and a 10.30 GRM. Extensively renovated property including exterior refresh, new windows, main electrical panel, controlled access, low-water landscaping, common areas, and lighting. 5 out of 6 existing units upgraded with new vinyl flooring, new kitchens, bathrooms, paint, and lighting. Two brand new 1 bed/1 bath ADUs just compl
We are pleased to present a 19+1 unit apartment building located at 728 Cerritos Avenue in Long Beach, California. This is a value-add opportunity in a great location. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. One property was built in 1924 and the other was built in 1952. The properties consist of 7 studios, 11 one bed/one bath units and 2 two bedroom / one bath units. The subject property is also separately metered fo
Great Mixed use building Trophy Building in the Witmer Heights of Long Beach. It has a large patio and parking between the two structures. Both units on the ground level are commercial and the unit upstairs is a residential single. The two units downstairs are occupied by an Herbal Retail Store (not cannabis). The larger unit is retail and the smaller unit is used for demonstrations and classes. The building is fully leased.
Long Beach Condo, very conveniently located. South of Fwy 405 and 2 miles from Beach. Condo on Top floor, high ceiling 9 1/2 feet high, and has has dormer window on the ceiling for added light. Bright unit with many windows facing East. Counter tops etc were remodeled 10 years ago.
- 4 Beds & 7 Baths - 4,452 SF - Four large 1 bedroom & 1 bathroom (Front Building) - individual gas & electric meters - Building in none rent controlled area - Close to Blue Line transportation, school - Most 1 bedroom units have new kitchen cabinets, floor & windows and inside paint - 1 bedroom units have laundry hook-ups THE PROPERTY IS SOLD AS-IS CONDITION.
- This duplex has two 2 bedrooms & 1 bath each unit - Sold “As is” condition - Needs a little TLC but is priced accordingly - Separate electric: 2 - Gas meters: 2 - Water meters: 1
- Property is a duplex which consists of two 2 bedrooms & 1 bathroom units - Property is being sold in As-Is condition - Needs some repairs such has paint, carpet and some electrical and plumbing issues. - Property has a basement for extra storage
MUST SEE! NEWLY REMODELED HOME: Open Concept Home has 4 beds- 2 Baths Plus a 4 Car Attached Garage. Conveniently Minutes away from Downtown LB, College and Universities, and 710 and 405 Freeways. Book an Appointment Today!
Cash Flow! This Five (5) Unit Complex is priced at an Actual 6.30% CAP Rate! Situated just 1.4 miles from the Beach, the building is also close to Downtown, Long Beach Poly and Retro Row. The Unit Mix is comprised of: Two (2) - 2 Bedroom / 1 Bath and Three (3) – 1 Bedroom / 1 Bath Units, with gated carport and open parking. Furthermore, 60% of the units were renovated in the past year with upside still available via Rents, initiating a RUBS program, or the addition of ADU units in the Carport area. Since this building is not subject to any rent control beyond (AB 1482), the investment offers a solid return, with great potential for the future.
Beautiful curb appeal! This home is currently configured as a 6-bedroom, 5 bath home which can be used as an unofficial duplex. Downstairs has 3 beds, 2 baths and has a separate entrance from the upstairs 4 bedroom, 3 bath home. Live on one floor and rent the other. There are hookups upstairs for plumbing and drainage needed for an upstairs kitchen or use as a bedroom and leave the hookups in the wall. The home has 3 large primary bedrooms, and all rooms are large and spacious. This home was built in 2000, so the bones should be great. Located in a HIGH RENTAL DEMAND AREA. There is a beautiful deck with great views on the second floor. Nice sized front yard is gated, and the side yard also
Three units currently configured as mixed use with two residential units and one commercial unit with 5 parking spots. The front building upstairs is a 3 bedroom 2 bath residential unit and the downstairs unit was converted back to a commercial unit with usage per the city as a Doctures office/Medical office. At the rear of the property is a separate detached 4 bedroom 2 bath house with large covered front porch. Entire property has newer exterior paint. Sale of this property comes with approved plans to convert the downstairs commercial unit into 2 ADU units. Great opportunity to keep the current configuration or complete the ADU project and have a total of 4 residential units.
Rare Multifaceted High-Revenue Mixed-Use Property with Vast Upside Potential in Long Beach! Dive into this diversified investment, a mixed-use property yielding strong revenue with upside potential and preliminary redevelopment concept plans. Nestled in an evolving Long Beach neighborhood, this compelling asset covers two lots with separate APN's, merging lucrative commercial operations with updated residential spaces for a dynamic revenue stream. The front building features two retail store fronts on the ground level, and upstairs a three bedroom apartment features dual primary sized rooms with a common bathroom. The rear duplex qualifies as a multi-family residential duplex. Upstairs
Introducing 1716 Locust Avenue, an investment opportunity in the heart of Long Beach, California (90813). This cash-flowing gem has been maintained by current ownership since 2015. The subject property comprises Eight units, featuring a well-balanced mix of two 1-bedroom/1-bathroom units and six 2-bedroom/1-bathroom units. If your looking for a strong cash flow on day 1 with a potential 16% more upside, then look no further. This prime investment opportunity not only offers a stable income stream with a gross income of $166,920 and a solid net income of $109,175 annually but also addresses Long Beach's parking challenges. With an on-site parking, this property provides a valuable solution t
* * Fantastic Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood! * * Welcome to your next lucrative investment located just south of Signal Hill and within a short 2-mile radius of the stunning beaches. This prime property offers not only a sought-after location but also incredible potential for growth in an area currently undergoing rezoning for additional apartment density. * * Key Features: * * - * * Unit Mix: * * This well-maintained building consists of 4 units, featuring 2 expansive 3-bedroom apartments and 2 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space an
Unique opportunity to own this 1-bedroom condo in Downtown Long Beach! 800 Pacific is a Vintage 1920’s historic building, filled with lots of charm and character in close proximity to Entertainment/Restaurants and Public Transportation. This great corner unit is located on the 4th floor and has great City views. Own your home for less than the cost of renting! Fantastic occasion with VERY attractive lower interest rate loans available for owner occupants. Please call for more information.
Skyline Commercial Advisors is pleased to present the opportunity to acquire The Hoffman Apartments, 24 total units comprised of two 12 unit buildings (1133-1136 Hoffman Ave) directly across from each other located in Long Beach, CA. The properties offer (24) 1 bedroom units, majority single story, producing excellent income. Community amenities include on-site laundry for tenants as well as a center courtyard. These buildings have been extensively renovated both on the exterior and interior of the units, including a new roof, electrical systems, flooring, and cabinets. The Hoffman Apartments provides an investor the opportunity to acquire an income producing asset with established rents at
Beautiful condo with the area of 1,240 square feet, including two rooms and 2.5 bathrooms. It has a laundry room and is equipped with two free parking lots at the basement, meanwhile there is independent central air-conditioning, gas or electric stove, and dish washer. The building of parking lot at basement is about 27,000 square feet, about 87 parking Spaces. The ground floor is multi-functional, and the total area is about 11938 square feet, including: hotel lobby and gym of about 1938 square feet, and five units catering and retail properties about 10,000 square feet. The 2f-4f is a residential building with a gross floor area of 52,932 square feet and the building area of each floor is
Alamitos Beach Downtown Area. Drive By only DO NOT DISTURB TENANTS who are vacating by mid Feb whereas property will be 'broom clean'. Value for 3 +2 large lot 6741 sq ft. Submit offers subject to inspection. Property requires upgrading. Solar paid for.