Income Property For Sale in Long Beach California-5+ Units - Long Beach Real Estate

Income Property For Sale in Long Beach California-5+ Units - Long Beach Real Estate



Income Property For Sale in Long Beach California-5+ Units

Long Beach - Downtown Area; Alamitos Beach

Address: Read More

PINE Avenue
Long Beach, CA 90813

Price: $1325000

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MLS ID: P743468
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7004

Agent Remarks:
BIG PRICE REDUCTION! UNDER 9 TIMES GSI FOR LATE '80's CONSTRUCTION!!Best deal in Long Beach on late'80's building. DRIVE BY ONLY Condo conversion potential. All 2 bedroom 2 bath units with private balconies and built-in dishwashers. Individual gas and electric meters. Individual water heaters. Intercom system. Tuck under gated parking as well as (3) individual garages off alley. NOT A SHORT SALE OR AN REO. No rent control.DO NOT CONTACT OCCUPANTS. DO NOT WALK ON PROPERTY. DRIVE BY ONLY.

Lot Info:
Sq Ft: 7400
Acres: n/a

Listing courtesy of: P.R.S. Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

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East 4TH Street
Long Beach, CA 90802

Price: $1099999

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MLS ID: P735298
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 6228

Agent Remarks:
11 unit mixed use. Has 9 residential and 2 commercial units in front used as dry cleaner ( pick up service ) and hair salon. 4 garages and about 5 parking spaces inside. nice trendy area

Lot Info:
Sq Ft: 9997
Acres: n/a

Listing courtesy of: Luis Aragon, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

ALMOND Court
Long Beach, CA 90813

Price: $435000

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MLS ID: P738963
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 3221

Agent Remarks:
Excellent income on this 5 unit Property on mainly a SF Street. All units interiors remodeled in last 2 years. Permitted Copper Plumbing, New Water heaters and 5 Unit Eletrical Panel as each tenant now pays own utilities. Properties interior and roofing was 60% reframed with code enforcment. Unit over garage and garage was built in last five years from ground up including new foundation. All three 2bd tenants lived in buildig over 5 years. Property is extremely well priced given current income of 4600 per month. With 25% down prpery runs a positive income of almost $2300 per month. Needs exterior work but interiors are well maintained. Excellent Investment for both long and short term.Drive by only.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: CENTURY 21 Action ! -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Out of Area

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ELM Avenue
Long Beach, CA 90806

Price: $2250000

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MLS ID: S10054043
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Totally remodeled in and out. New exterior paint, windows with foam. Most of the units have new kitchen cabinets with granite counter tops, ceramic tile floors, light fixtures, vertical blinds etc.

Lot Info:
Sq Ft: 12197
Acres: n/a

Listing courtesy of: Tropical Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

EARL Avenue
Long Beach, CA 90806

Price: $435000

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MLS ID: S09059798
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
IN THE PROCESS OF BEING COMPLETELY REMODELED FOR HIGHER RENTS...THIS IS A MONEY MAKER...NICE PROPERTY AND INVESTMENT IN LONG BEACH...5 UNIT BUILDING...REMODELED AND READY TO GO. 4 UNITS ARE 1BED-1BATH AND 1 UNIT IS 2BED-1BATH. LOCATED CLOSE TO EVERYTHING...PUT YOUR OWN TENANTS IF YOU WANT...DO NOT MISS OUT ON THIS...THIS IS A REGULAR SALE...

Lot Info:
Sq Ft: 5846
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Westside

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SANTA FE Avenue
Long Beach, CA 90810

Price: $1200000

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MLS ID: S630734
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5184

Agent Remarks:
This single story pride of ownership gated complex has little deferred maintenance and is individually metered for gas & electric. The roof is about 4 yrs old. Every unit has been fully re-habbed. Just to name a few of the upgrades...windows,sewer lines, carpet, electrical,doors, cabinets, bathrooms,tubs,copper plumbing, and much more. Cap rate is 7.5% & GRM is 9.33 at leveled rents.Owner is raising rents to $800. VERY MOTIVATED SELLER...SUBMIT ALL OFFERS...MUST SELL NOW

Lot Info:
Sq Ft: 13517
Acres: n/a

Listing courtesy of: Alliance Investment R.E., Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

LEWIS Avenue
Long Beach, CA 90813

Price: $450000

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MLS ID: Y1004786
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2914

Agent Remarks:
6 UNITS MUST SEE TO APPRECIATE

Lot Info:
Sq Ft: 6847
Acres: n/a

Listing courtesy of: Century 21 Community -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

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East 2ND Street
Long Beach, CA 90802

Price: $1699000

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MLS ID: P740613
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8497

Agent Remarks:
ABSOULTELY INCREDIBLE ASSUMABLE LOAN ON THIS PROPERTY. Aprox $973,000 seasoned adjustable loan currently at 5.145%. This is the minimum rate with a top limit of 10.415%. Rate is 2.55% over the 12 MAT which is about 1.33% right now so this probably won't be going up for a long time. THIS PROPERTY IS A CLASSIC SPANISH 8-UNIT. LOCATED IN GREAT RENTAL ARE OF LONG BEACH, JUST 2 BLOCKS TO THE OCEAN. IT'S A PRIDE-OF-OWNERSHIP PROPERTY THAT HAS HAD MANY UPGRADES AND IS IN TOP CONDITION. MIX INCLUDES 5 X 2 BDRM UNITS AND 3 X 1 BDRM UNITS + 5 SINGLE GARAGES. FEATURES INCLUDE HARDWOOD FLOORS, UPGRADED KITCHENS WITH TILE AND DISHWASHERS, TILE BATHROOMS, SEPERATELY METERED, ORIGINAL MOLDINGS, QUIET AND PEACEFUL LANDSCAPING, AND MORE. NO RENT CONTROL, LOTS OF UPSIDE POTENTIAL ON RENTS. NOTE: 2 OF THE GARAGES GO WITH 2 OF THE UNITS - THE OTHER 3 COULD BRING IN ANOTHER $50 OR MORE A MONTH EACH. LAUNDRY ALSO BRINGS IN APROX $50 PER MONTH. PLEASE DRIVE BY ONLY, SUBJECT TO INSPECTION.

Lot Info:
Sq Ft: 8246
Acres: n/a

Listing courtesy of: Buckingham Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

East MARKET Street
Long Beach, CA 90805

Price: $452250

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MLS ID: P746847
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 4382

Agent Remarks:
Bank Owned REO in Long Beach! Constructed in 1960, the unit mix consists of six one-bedroom/one-bath units and one four-bedroom/two-bath unit. The property offers an ample nine space gated garage on grade level, tucked under the rental units. Each parking spot is in front of a storage cabinet for occupant use. The property has been re-roofed, as well as upgraded with new exterior paint and vinyl windows, within the past five years. An on-site laundry facility is also featured at the property.

Lot Info:
Sq Ft: 5998
Acres: n/a

Listing courtesy of: Steven M. Bogoyevac, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

BENNETT Avenue
Long Beach, CA 90803

Price: $2900000

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MLS ID: P736961
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9400

Agent Remarks:
The three-story house consists of three units and is approximately 4,400 gross square feet. Situated at the highest point on the hill, it offers spectacular 180 degree views of snow-capped mountains and the Pacific Ocean. Cool breezes, great views, high peaked roof Moorish arches and Spanish tile. Perfect for owner occupant or investor. This 11-unit is a perfect example of Spanish Colonial Revival Courtyard style stucco architecture arranged as three separate wings facing a landscaped central corridor, a style popular in the 1920s. The courtyard contains two fountains, numerous arches, exotic plants in a beautiful courtyard, Spanish tiled roof perimeter, beautiful inset tiles everywhere, French Door entrances.

Lot Info:
Sq Ft: 12698
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

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DAISY Avenue
Long Beach, CA 90813

Price: $469000

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MLS ID: P739730
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 3502

Agent Remarks:
Nice bread & butter units in historic area of Long Beach. Rent is actual, expenses are taken from 2009 and have been normalized.

Lot Info:
Sq Ft: 3999
Acres: n/a

Listing courtesy of: Colonna & Co., Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

DAISY Avenue
Long Beach, CA 90813

Price: $1100000

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MLS ID: P732487
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7162

Agent Remarks:
Twelve units in Knoll Park Tract just north of Drake Park, South of Anaheim in the Downtown Area. These garden style apartments have been updated, and are owned by a non-profit. Rents low, no restrictions on buyer regarding rents beyond state laws. No rent control.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Thornton Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

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SAINT LOUIS Avenue
Long Beach, CA 90804

Price: $535000

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MLS ID: S10087096
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Excellent investment opportunity. Short Sale. 2 free standing buildings, front building has 4 one bedroom units and 2 studios. Back building contains 4 garage spaces 1 studio and 1 laundry room. There is a garden area in between the two buildings. The garages are accessed via the alley. Property is a Spanish theme architecture.

Lot Info:
Sq Ft: 5846
Acres: n/a

Listing courtesy of: Shorewood REALTORS -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

LEWIS Avenue
Long Beach, CA 90806

Price: $1250000

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MLS ID: F1851202
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6680

Agent Remarks:
This is an extremely clean and upgraded eight unit Apartment Building in the best rental area of Long Beach with no Rent control and great upside potential in rents. Separate meters for gas, Water and Power for each unit, and Laundry and Dryer hook up inside each unit. Buyer should participate in 1031 exchange with the seller at no cost to the buyer.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Royal Rep -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

CHERRY Avenue
Long Beach, CA 90805

Price: $549999

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MLS ID: Y1003997
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2930

Agent Remarks:
CASH FLOW CASH FLOW!! Clean, well kept 7 unit building. Front duplex plus a five unit building in the rear of the property. The water heater for the 5 units is new and the roofs are less than 10 years old Four one bedrooms and three studio! Perfect 1031!. Stable, Quiet tenants. MOST UNITS HAVE BEEN RECENTLY UPGRADED. ! INSIDE UNITS SHOW WELL. ADD'L $2500.00 PER year IN LAUNDRY INCOME. Low maintenance gardener cleans up one a month for $15.00. and less the $300.00 in utilities that includes water, trash gas and electricity. Tenants love being across the street from big shopping center. You have a Target store, Food 4 Less,Taco Bell and a lot more across the street. two blocks from the 91 fwy entrance.

Lot Info:
Sq Ft: 4513
Acres: n/a

Listing courtesy of: Keller Williams -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

OBISPO Avenue
Long Beach, CA 90804

Price: $1495000

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MLS ID: P739646
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9582

Agent Remarks:
Check agent remarks for financing details. Very nice property in great rental area. Large owners type unit for manager 3 bed + 2 bath + 2 fireplaces. Newer roof + 8 garages. Nice courtyard for tenants. Plenty of upside in the rents.

Lot Info:
Sq Ft: 10799
Acres: n/a

Listing courtesy of: Buckingham Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

East ARTESIA Boulevard
Long Beach, CA 90805

Price: $550000

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MLS ID: P738036
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2952

Agent Remarks:
6 units, all 1br/1ba, tenant occupied - please do not disturb. All units with newer windows, newer paint, all units in good condition. Long term tenants, market rents should be $750. Off street parking. Corner lot property.

Lot Info:
Sq Ft: 4382
Acres: n/a

Listing courtesy of: Century 21 Landmark Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Bixby; Bixby Knolls; Los Cerritos

Address: Read More

North BANNER Drive
Long Beach, CA 90807

Price: $2000000

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MLS ID: R906236
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5204

Agent Remarks:
These Buildings have been completely remodeled. Park like courtyard!! Units have new cabinets, Granite counter tops, tiled floors in kitchen and bathrooms. 4 Stacked laundry units included. 6- 2car garages with automatic doors. 4 storage units included. These buildings to be sold together. 4507-4517 & 4509-4519 are the adresses of both buildings. Drive by only- Please do not talk to tenants.

Lot Info:
Sq Ft: 7710
Acres: n/a

Listing courtesy of: Prudential CA Realty / Bixby -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

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CHERRY Avenue
Long Beach, CA 90805

Price: $560000

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MLS ID: P740386
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4796

Agent Remarks:
- This is an attractive six-unit two-story apartment building located in a nice neighborhood of Long Beach. - All units are 1 bed and 1 bath including living and dining room renting at $700/unit normally $750/unit. - Gas and electric are separately metered and paid by each of the tenants, keeping the expenses to a minimum for the owner. - The property runs very efficiently with low maintenance and has retained long term tenants. - There is also a common landscaping area for tenants to relax in pleasure times. - There are very few investment opportunities priced attractively in Long Beach such as this property.

Lot Info:
Sq Ft: 4796
Acres: n/a

Listing courtesy of: Thanh H Pham, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

East LIVINGSTON Drive
Long Beach, CA 90803

Price: $2499995

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MLS ID: P744942
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9024

Agent Remarks:
Seller Financing Available. Pride of ownership with major renovation work recently completed!!! Prime Belmont Heights/Shore income property with fabulous ocean views. This property features 13 units, consisting of 12 large 1 bed/1 bath units and a 2 bed/1 bath penthouse unit with panoramic ocean views. Below market rents with fabulous upside potential. PLEASE DO NOT DISTURB OCCUPANTS!

Lot Info:
Sq Ft: 4060
Acres: n/a

Listing courtesy of: Coldwell Banker Residential Bk -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

MARTIN LUTHER KING JR Avenue
Long Beach, CA 90813

Price: $595000

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MLS ID: 10446697
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 3496

Agent Remarks:
Price Reduction!!! Wonderful opportunity to own this 8 unit complex! and at this price WOW!!! Complex has 8 studio units with full kitchen and bathrooms. In addition to the unit rents, there are 4 private garages that are rented individually for $65 each, and 1 parking spot uncovered for $25. This complex is super super easy to rent and maintain and is close to Nat'l Acclaimed Poly High. Complex is two stories with 4 units on each floor and is in great shape. Please email L/A for a detailed executive summary available upon request. No Rent Control. *** Agents please see private remarks***

Lot Info:
Sq Ft: 4996
Acres: n/a

Listing courtesy of: Magno Realty Group -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

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BRAYTON Avenue
Long Beach, CA 90805

Price: $339900

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MLS ID: R1005224
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2036

Agent Remarks:
Public records provide for 5 units (7 Bed rooms,5-Baths) 3- 1 bed rooms and 2 bachelors, there is no abuse of the units observed . All units are vacant.

Lot Info:
Sq Ft: 5197
Acres: n/a

Listing courtesy of: Tower Realty & Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

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GARDENIA Avenue
Long Beach, CA 90813

Price: $625000

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MLS ID: S10085161
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Adobe style 12 unit property with 10 studios and 2 one bedroom units.

Lot Info:
Sq Ft: 6494
Acres: n/a

Listing courtesy of: Beach Front Real Estate Serv -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

East 15TH Street
Long Beach, CA 90804

Price: $1100000

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MLS ID: P750640
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7202

Agent Remarks:
We are pleased to present an eight-unit apartment complex located at 3012 East 15th Street Avenue in the Long Beach, California. The subject property is located on East 15th Street just two blocks west of Redondo Avenue. Built in 1987, the subject property consists of approximately 7,202 rentable square feet with a lot size of 6,500 square feet. This three-story cape-cod style property, consists of eight - two-bedroom/two-bathroom units. The exterior and interior of subject property was extensively renovated in 2008. Upgrades include custom cabinets, granite countertops, new appliances, new flooring and more. The subject property is separately metered for gas and electricity. In addition, it has ample secure parking spaces on the ground level.

Lot Info:
Sq Ft: 6500
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

CHERRY Avenue
Long Beach, CA 90805

Price: $625000

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MLS ID: C09111741
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
GREAt iINVESTMENT OPORTUNITY! 6 UNITS TOTAL (1 Bdrm 1 Ba). RENTS ARE WAY UNDER MARKET. DON'T MISS OUT ON THIS ONE

Lot Info:
Sq Ft: 4796
Acres: n/a

Listing courtesy of: CASA BLANCA PROPERTIES -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

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ELM Avenue
Long Beach, CA 90813

Price: $1127000

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MLS ID: P736601
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9134

Agent Remarks:
Unique investor equity opportunity. Part of large portfolio. Can be acquired individually or package. Property has been released from bankrupcty but retains existing financing. Successor entity can assume existing fixed long term note with reinstatement equity. No qualifying or recourse to investor. Successor entity is seeking 80% equity partner. Equity requirement varies from $275,000 for individual properties to $3 Million for large portfolio. Conservative pro forma models indicate significant ROI. Click on media to view .pdf files with more information.

Lot Info:
Sq Ft: 7400
Acres: n/a

Listing courtesy of: Randy Smith, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

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CEDAR Avenue
Long Beach, CA 90813

Price: $639000

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MLS ID: P747821
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5915

Agent Remarks:
803 CEDAR AVE-Single family 2 story home, master bedroom has a private bathroom with balcony, 2 other bathrooms with full bath also upstairs. Kitchen is very large with all appliances. Living room, 1 bedroom/1 bath, and dining room downstairs. 309 W. 8TH ST.-Studio apartment with all appliances above 2 car garage. Laundry room with coin op. machines service all tenants. 315, 317, 319, & 321 W. 8TH ST.-4 unit building with four 2 bedroom/1 bath units. All have private balconies and utility room off kitchen. Property has fully automatic sprinkler system, and all units have their own individual water heaters. All units and house have hardwood floors.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Belmont Brokerage & Mgmt. INC. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

EUCLID Avenue
Long Beach, CA 90803

Price: $1249000

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MLS ID: P744176
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4856

Agent Remarks:
Classic building on spacious lot in prime Belmont Heights Location with six units.Lower level has been opened up to make a two bedroom owners unit with a den.Can be converted back to two units.Hardwood floors in all six units. High ceilings.Light & airy units with lots of big windows.Four private garages plus additional parking for up to three cars.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Re/Max R. E. Specialists -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

HENDERSON Avenue
Long Beach, CA 90806

Price: $645000

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MLS ID: R907701
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2844

Agent Remarks:
Completely remodeled single-story, garden style building, built in 1950. The remodel of the building has just been completed. The building has six large single units and a large one-bedroom unit. All the units feature brand new kitchens with granite countertops, new cabinets, sinks and fixtures. The baths have all new tubs, toilets, vanities, and tiling throughout. The living areas feature new carpeting. The units have separate electric and gas meters. Owner pays only for the hot/cold water. Each unit has a single parking space on site. A new wrought iron fence surrounds the property with locking gates accessible by the tenants. There is also a common lawn area and concrete patios for tenant's use, as well as laundry facilities on-site. There is virtually no deferred maintenance due to the recent remodel. Close to freeway. The rents are very reasonable with singles at $750/unit and the one-bedroom at $900/unit.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Cornerstone Prop & Invest -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

CHESTNUT Avenue
Long Beach, CA 90806

Price: $1290000

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MLS ID: S622292
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9845

Agent Remarks:
16 units priced to sell quickly. GRM and Cap are based on ACTUAL rents-under 8x GRM and over 7% Cap! NEW ROOF JUST UNSTALLED!!! New carpet in all hallways and some units have new cabinets. Located in strong rental area of Long Beach near SFRs, this property offers great visibility on a corner lot, 5 enclosed garages and laundry room for extra income. A lot of possibilities as 16 units, conversion into larger units or run as sober living. Sober Living can rent for $15,680 PER MONTH. Actual and market rents shown below. Property is curently Master Metered for electrical-Seller may credit, in escrow, for the separation. Electrical expenses shown are for individual meters. Actual annual electricity bill is $7,980 = 6.4%+ ACTUAL CAP. Call with any questions. Property is legally 14 units with 2 bootleg.

Lot Info:
Sq Ft: 6325
Acres: n/a

Listing courtesy of: Century 21 Beachside Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

MARTIN LUTHER KING JR. Avenue
Long Beach, CA 90813

Price: $680000

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MLS ID: P740367
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6747

Agent Remarks:

Lot Info:
Sq Ft: 6747
Acres: n/a

Listing courtesy of: Thanh H Pham, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Harbor Gateway

Address: Read More

NEBRASKA Avenue
Long Beach, CA 90802

Price: $1375000

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MLS ID: C10063709
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Ridgemont Condominiums is comprised of 12 entitled condominiums, as part of a 20 unit condominium complex. The property was originally built in 1987 as an apartment complex and was converted in 2007 to condominiums, 8 of the 20 units were subsequently sold.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: MARCUS & MILLICHAP -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

West 9TH Street
Long Beach, CA 90813

Price: $699000

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MLS ID: 10465893
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 1264

Agent Remarks:
8 units in a good rental area. Two townhouse style 1 BD units, 2 standard 1BR units, and 4 studio apartments. Room to increase rents, see rental amounts below. 100% occupied, three units are section 8. There are 3 separate buildings with a central courtyard. Ample street parking. Updated Electrical. Some units upgraded recently (1,3).

Lot Info:
Sq Ft: 4400
Acres: n/a

Listing courtesy of: Gibson International -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

FREEMAN Avenue
Long Beach, CA 90804

Price: $1525000

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MLS ID: B2106775
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8198

Agent Remarks:
Twin side by side buildings, two separate parcel numbers 7259-032-041 & 7259-032-040.Each building seven units, 6 one bedroom and one two bedroom in each.Each building has a laundry room. Total income from laundry is aprx. $825 a year per building. One unit currently vacant and can be shown. Figures are combined for both buildings, each lot size is aprx. 6495 squre feet and each building is aprx. 4099 (assessors)Total 14 units, rents are for two bedrooms: $1,000 & $1010. One bedrooms are: $900,$850,$875,$800, $800,$800, $850, $850, $900, $900, $890, $825

Lot Info:
Sq Ft: 12990
Acres: n/a

Listing courtesy of: House of Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

LOCUST Avenue
Long Beach, CA 90813

Price: $748000

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MLS ID: P741952
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4432

Agent Remarks:
This is an 8 unit clean building located near shops, blue line, schools, etc.

Lot Info:
Sq Ft: 6007
Acres: n/a

Listing courtesy of: H.M. Investment Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

GARDENIA Avenue
Long Beach, CA 90806

Price: $1929899

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MLS ID: P749685
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12700

Agent Remarks:
It opportunity to own a multi-residential property located in the great area of Long Beach. It a great deal - Positive cash flow !

Lot Info:
Sq Ft: 12898
Acres: n/a

Listing courtesy of: Century 21 Olympic Team -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

DAISY Avenue
Long Beach, CA 90806

Price: $750000

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MLS ID: P748928
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4091

Agent Remarks:
Six 1-bedroom units within a park-like setting. Sits on a lot of 10,950SF. Recently painted exterior and some interior upgrades. Inlcudes 6 garage spaces. Located within the Wrigley District named for William Wrigley, famed founder of Wrigley Spearment Gum. It is also home to the Daisy Christmas Tree Lane parade held each year. Location is also 2 blocks east of the 710 freeway

Lot Info:
Sq Ft: 3450
Acres: n/a

Listing courtesy of: Appleby Real Estate Brokerage -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

East 1ST Street
Long Beach, CA 90802

Price: $2195000

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MLS ID: P740451
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8250

Agent Remarks:
Extensively & Completely Renovated and Remodeled over the past six months! Outline of work completed in media section or email Mark for list. **OWC 1st w/ 30% down** EVERYTHING has been done inside and out; from the PLUMBING: new copper from meter to fixtures, including gas lines, wall heaters, tubs, faucets, etc. ELECTRICAL: Entire building rewired with added circuts, smart panels. WINDOWS: Reconditioned. DOORS: All new interior and exteror doors and mouldings. ENTRY GATE: Custom wrought iron with controlled access. ROOF & DECK: All new! PAINTING: All new inside (two tone) an exterior. KITCHENS & BATHS: All new custom cabinetry, granite counters, professional tile floors. LANDSCAPE: professional designed, sprinklers and lighting. OTHER: Postal cluster box, downspouts, laminate wood floors (lower units), refinished natural wood (upper units), pre-wired for FIOS, cable or satelite to smart panels. Inc. & Exp. estimated

Lot Info:
Sq Ft: 8250
Acres: n/a

Listing courtesy of: Pabst, Kinney & Associates -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

LOCUST Avenue
Long Beach, CA 90813

Price: $774000

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MLS ID: P719172
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4440

Agent Remarks:
PRICE REDUCTION!!! Built in 1963, property consists of two separate building with a center courtyard. Property consists of 7 One Bdrms/One Bath & 1 Two Bdrms/One Bath, parking consists of 6 single car garages and one open space off of the alley. Rents are low & have not been increased for over one year, at market rents 9.2x GRM. No Rent Control.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: James E. Mann, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

East 1ST Street
Long Beach, CA 90802

Price: $2325000

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MLS ID: P738707
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8926

Agent Remarks:
The 1st Street Apartments, built in 1922, consists of (14) one bedroom/ one bathroom units and (2) two bedroom/ one bathroom units. Amenities include completely renovated in 2005, laundry, new appliances, solid wood cabinets, private patios, gated entrance, courtyard and copper plumbing. All units are individually metered for electricity and gas.

Lot Info:
Sq Ft: 8246
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

West BORT Street
Long Beach, CA 90805

Price: $775000

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MLS ID: P725470
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6232

Agent Remarks:
Great income property!Great cash flow! Drive by only please do not disturb tenants.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: CENTURY 21 Action ! -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

GAVIOTA Avenue
Long Beach, CA 90813

Price: $2699000

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MLS ID: P737566
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7548

Agent Remarks:
2 separate 9 units buildings* Each building offers 9 units 1 one bed 1 bath and 8 two bed 2 bath. Each building offers 14 Subteran gated parking spaces, valted ceilings, balconies, on-sight laundry facilites.

Lot Info:
Sq Ft: 6250
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

East 15TH Street
Long Beach, CA 90804

Price: $779950

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MLS ID: P740638
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3026

Agent Remarks:
GREAT OPPORTUNITY!! SELLER WILL CONSIDER WRAPPING EXISTING NOTE OR CARRYING SOME PAPER FOR THE RIGHT BUYER OR BUYER CAN ASSUME THE LOAN. These are 8 x 1 bdrm units in good rental are of Long Beach. Clean property with stable tenants. No rent control, extra laundry income + current low rents give this property a nice upside potential. Note: OWNER IS OUT OF THE COUNTRY AND IS MOTIVATED TO SELL AND IS WILLING TO WRAP THE LOAN OR DO WHAT IT TAKES TO MAKE THIS WORK FOR THE BUYER. SUBMIT!

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Buckingham Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

East LIVINGSTON DRIVE
Long Beach, CA 90803

Price: $3300000

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MLS ID: F1849255
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 11844

Agent Remarks:
Fourteen units!! Gorgeous icon property in Belmont Heights with ocean views. Infrequent vacancies and lushly landscaped, this pride of ownership property will not last long. High demand area adjacent to Belmont Shore and a short bike ride to Downton Long Beach. Two lots bound by three street, nice unit mix, updated, garages and owned laundry add income. Two lots - Four buildings - one purchase/transaction.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: DC Commercial -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

CHESTNUT Avenue
Long Beach, CA 90813

Price: $795000

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MLS ID: P738989
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3138

Agent Remarks:
100% Occupied. Great rental property in popular Drake Park area. Large front 3 bedroom house with (7) studio apartments in the rear along with (3) garages. No Rent Control and Individual gas and electric meters.

Lot Info:
Sq Ft: 6861
Acres: n/a

Listing courtesy of: P.R.S. Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

East NORTON Street
Long Beach, CA 90805

Price: $1099900

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MLS ID: R1005200
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5842

Agent Remarks:
Great investment property, located in a strong rental area. Most of the units have been rehabed, ally axcess, new paint on the outside. The property has three (one car) garages, long term tenants.

Lot Info:
Sq Ft: 6225
Acres: n/a

Listing courtesy of: C-21 Astro -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

East 25TH Street
Long Beach, CA 90806

Price: $798000

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MLS ID: S527945
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3000

Agent Remarks:
5 - 1 Bedroom/1 Bathroom units & 5 1 car garages in quiet neighborhood. Each unit has its own water heater. Each tenant pays for their own trash, electric & water. No vacancy since rehabbed. Owner has done recent extensive renovations to property. Below market rents with potential to increase. Close to Long Beach Blvd., freeways & shopping.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Trident Home & Commercial Rlty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

CHERRY Avenue
Long Beach, CA 90813

Price: $1100000

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MLS ID: S10067667
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Great income property located in the heart of Long Beach. This is an opportunity to own a stable investment with future potential. The exterior renovation and landscaping was crafted by Long Beach designer Peter D. Cate, and it shows. The seller has installed separate electric meters at the property providing the new owner with significant operating savings and increased value. About half of the units are renovated with new tile flooring. The Laundry Room is renovated and brings in about $250 per month in additional income. The property has no deferred maintenance, has been recently painted, has new decks, and consists of quality tenants. Units feature either a small landing or balcony and each unit has a full bath. The property returns over $18,000 in cash flow, not including the rental upside and remaining value-add. The property is located south of Signal Hill and Anaheim Street. Cherry Avenue offers excellent visibility and easy access to the 405 fwy and Belmont Pier.

Lot Info:
Sq Ft: 3899
Acres: n/a

Listing courtesy of: RE/MAX Commercial & Investment -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

HOFFMAN Avenue
Long Beach, CA 90813

Price: $799999

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MLS ID: P701692
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3950

Agent Remarks:
10 Units in North Long Beach, All Light Bright and White. Private yards patio's. 2 2 Bedrooms & 8 1 Bedrooms. Low expenses, Gated, Newer Copper Plumbing, Electrical, Windows, and Gas Heaters. (Installed in 2003) Walking distance to stores, restaurants, Library & Buslines.

Lot Info:
Sq Ft: 6247
Acres: n/a

Listing courtesy of: Century 21 Ambassador -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

North ELM Avenue
Long Beach, CA 90813

Price: $1100000

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MLS ID: P746209
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6678

Agent Remarks:
10 2 bedroom units

Lot Info:
Sq Ft: 7597
Acres: n/a

Listing courtesy of: Main Street Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

OLIVE Avenue
Long Beach, CA 90806

Price: $814900

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MLS ID: R1003825
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4556

Agent Remarks:
WUO, WUO, WUO!!! Look at this listing!! PRICE REDUCE IN ORDER TO SALE QUICK...This is a regular sale, not necessity of waiting for approval. Send me an offer and we will get the acceptance in few hours! Nice opportunity for investment, excellent price with positive cash flow, look at the financial table. 1 unit is 2/1; 4 units are 1/1; 4 single and studio. Located in very good area, close of everything and fully occupied all year.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Saul Miranda Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

OBISPO Avenue
Long Beach, CA 90804

Price: $1120000

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MLS ID: P750083
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6550

Agent Remarks:
BANK-OWNED. The property has been completely renovated, with all units having granite countertops, tile flooring, new cabinetry, new paint, dishwashers, and new exterior paint and landscaping. Buyers have the opportunity to acquire an absolute pride of ownership building built in 1987 with all 2-bedroom units. The seller will carry the financing for a qualified buyer.

Lot Info:
Sq Ft: 6368
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

LEMON Avenue
Long Beach, CA 90813

Price: $825000

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MLS ID: P750485
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4960

Agent Remarks:
Marcus & Millichap is proud to offer a six-unit apartment building constructed in 1924 of wood frame and stucco. Tenants enjoy a well-maintained shaded courtyard with Wi-Fi internet service, on-site laundry equipment and five garages. The unit mix consists of four two-bedroom/one-bath units and two onebedroom/ one-bath units. The property also features separately metered gas and electric. The current owner has thoroughly updated the property with beautiful hardwood and travertine stone floors, brand new stainless steel or black appliances, tile and formica countertops, and internet and DIRECTV options in each unit. This property is a great opportunity for an investor looking for a turnkey property with solid cash flow.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Steven M. Bogoyevac, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

East MARKET Street
Long Beach, CA 90805

Price: $1199500

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MLS ID: P743458
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8400

Agent Remarks:
HUGE PRICE REDUCTION. CAN BE RUN AS AN APARTMENT BUILDING OR AS A SOBER LIVING FOR GREATER CASH FLOW! TURNKEY Sober Living building. All two bedroom 1 bath units.Has been run for several years as a sober living. On site management in place. Great cash flow property with laundry room and carports. Built 1961. No Rent Control. NOT a short sale or an REO. All units are 2 bedroom 1 bath with individual gas and electric meters

Lot Info:
Sq Ft: 11996
Acres: n/a

Listing courtesy of: P.R.S. Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

JUNIPERO Avenue
Long Beach, CA 90804

Price: $849000

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MLS ID: 09405081
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 1260

Agent Remarks:
Front building built in 1924 is a duplex, back building built in 1960ish is a two story fourplex. All two bedroom always stays rented, three one car garges and two un covered parking spaces.

Lot Info:
Sq Ft: 8499
Acres: n/a

Listing courtesy of: Charles Dunn Company Inc -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

East 12TH Street
Long Beach, CA 90813

Price: $1200000

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MLS ID: S10006062
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
12 Units, 2 Story building, CASH FLOW 8.8 Cap Rate with 9.69 GRM at current rent. WELL MAINTAINED. The building is zoned high density, high-Rise condominiums or apartments may be built. consisting of 1,2,& 4 bedrooms with 5 garages. Laundry and storage area rented for extra income. Located on the edge of Long Beach fastest appreciating sub market, with retail and residential development around the downtown area. DO NOT DISTURB THE TENANTS. FEEL FREE TO WALK THE PROPERTY. AGENT PLEASE SEE REMARKS.

Lot Info:
Sq Ft: 8498
Acres: n/a

Listing courtesy of: Keller Williams Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

GAVIOTA Avenue
Long Beach, CA 90813

Price: $854000

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MLS ID: P736536
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6886

Agent Remarks:
Well positioned 8 unit property with attractive NON-RECOURSE assumable financing in place. Minimal investment secures an equity position with pre-paid interest and reserves and positive cash flow for 3 years. Perfect for investor seeking higher returns with no hands-on management required. Seasoned management in place with excellent track record. Fixed loan at 6.5% with 27 years remaining on term. Investment includes LLC, operating plan and exit strategy already in place.

Lot Info:
Sq Ft: 5706
Acres: n/a

Listing courtesy of: Randy Smith, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

LIME Avenue
Long Beach, CA 90802

Price: $1250000

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MLS ID: P750593
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7152

Agent Remarks:
We are pleased to present a nine-unit apartment complex located at 433 Lime Avenue in the Long Beach, California. The subject property is located in close proximity to downtown shopping,restaurants, entertainment and employment. Built in 1987, the subject property consists of approximately 7,152 rentable square feet with a lot size of 10,369 square feet. This three-story cape-cod style property, consists of eight two-bedroom/two-bathroom units and one two-bedroom/two and one half bathroom unit. The exterior and interior of subject property was extensively renovated in 2008. Upgrades include custom cabinets, granite countertops, new appliances, new flooring and more. The subject property is separately metered for gas and electricity. In addition, it has ample secure parking spaces on the ground level.

Lot Info:
Sq Ft: 10639
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

East SPAULDING Street
Long Beach, CA 90804

Price: $869000

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MLS ID: P719332
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5600

Agent Remarks:
Great income property opportunity.4 units are 2bedroom one bath and 4 are one bedroom & one bath. 8.96 times gross. 8.5% actual Cap rate. Using 30% down payment w/6.00 fixed rate / amortized 30 yrs/debt payment using 21% actual expenses... the cash on cash return is approx 11% .The numbers on this bldg make sense. Good curb appeal/average interior condition and EZ property to rent. The bldg is full up and the rents are a little soft. Pro forma could push rents an average of $30 and probably lose no tenants. All units have their own hot water heaters.All units have their own gas and electric meters.4 garages in rear and two are rented for $75. Good size and low maintenance structure. Units always rented. Laundry great cash cow...owner owned equipment no lease. Owner motivated moving to Idaho.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Emmet McKune & Associates. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

CHESTNUT Avenue
Long Beach, CA 90813

Price: $1280000

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MLS ID: P749841
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9484

Agent Remarks:
16 Unit recently re-modelled in Great rental area of Long Beach,. All one bed/one bath. Electrical and plumbing upgrades. Several units with Kitchen and bathroom remodelled.Separate meter of gas and electricity. Low maintenace building.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Dupont Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

East 55TH Street
Long Beach, CA 90805

Price: $889000

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MLS ID: R1005827
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5755

Agent Remarks:

Lot Info:
Sq Ft: 6294
Acres: n/a

Listing courtesy of: Keller Williams Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

REDONDO Avenue
Long Beach, CA 90814

Price: $1299000

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MLS ID: P747006
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7463

Agent Remarks:
Looking for an EXCELLENT investment property in fabulous condition? This stunningly remodeled 8 unit building looks more like a brand new condo conversion than any apartment building in The Heights. Featuring: 1 tremendous 4BR or 3BR (owners unit?) with a den (over 1600sq ft) and 7 spacious 2BR units, MOST with brand new granite countertops and stainless steel sinks in the kitchens, lovely new granite vanities in the large bathrooms and new 16 inch porcelain tiles. Lovely property...Looks like a Palm Springs resort...WOW!

Lot Info:
Sq Ft: 6247
Acres: n/a

Listing courtesy of: Keller Williams Coastal Prop. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

MIRA MAR Avenue
Long Beach, CA 90803

Price: $890000

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MLS ID: P746966
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3592

Agent Remarks:
We are proud to offer a well-maintained five-unit building located at 207 Mira Mar Avenue, one block north of 2nd Street and one block west of Termino Avenue in the heart of Belmont Heights in the city of Long Beach. The property is a two story walk-up style building consisting of five one-bedroom/one-bathroom units. The wood frame, painted stucco building offers 3,592 rentable square feet and was constructed in 1922, and includes two enclosed garages. Each unit is separately metered for gas and electricity and the property is located within close proximity to numerous restaurants and shopping centers. This is a rare opportunity to acquire a high quality asset in Long Beach most desirable location with a stable return and potential rental upside through minor improvements. **Please contact Ryan Rayburn at 562-257-1200 or rrayburn@marcusmillichap.com for further information on this property.

Lot Info:
Sq Ft: 3777
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

SAINT LOUIS Avenue
Long Beach, CA 90804

Price: $1350000

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MLS ID: P721053
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 13495

Agent Remarks:
CLASSIC SPANISH COURTYARD PROPERTY WITH 6 DETACHED VILLA UNITS AND 4 ATTACHED UNITS IN BACK OVER 7 GARAGES AND LAUNDRY ROOM. PROPERTY IS FULLY FENCED AND BEAUTIFULLY LANDSCAPED. MOST UNITS HAVE HARDWOOD FLOORING AND NEW WINDOWS. PROPERTY IS FULLY OCCUPIED AND EAST TO RENT.

Lot Info:
Sq Ft: 13499
Acres: n/a

Listing courtesy of: FINE HOMES REALTY GROUP -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

SAINT LOUIS Avenue
Long Beach, CA 90804

Price: $899000

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MLS ID: S629073
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3909

Agent Remarks:
10 Unit Apartment Building Located In Central Long Beach. The Entire Property Is In Turn-Key Condition. All Units Have Been Rehabbed. Copper Pipes, New Sewer Line. The Exterior Of The Property Features A Secure Entrance. Stable Rents. Perfect For An Investor.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Regency Real Estate Brokers -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

West LONG BEACH Boulevard
Long Beach, CA 90805

Price: $1475000

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MLS ID: P745435
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8776

Agent Remarks:
THIS PROPERTY WILL NOT LAST!!! We are pleased to present a Great income property located in the heart of Long Beach. This is an opportunity to own a stable investment with future potential. The sixteen-unit apartment complex located at 5500 Long Beach Blvd is in close proximity to downtown shopping, restaurants, entertainment and employment. Built in 1961, this property consists of approximately 7,820 rentable sq feet with a lot size of 7,558 sq feet. This two-story property consists of 16 one bedroom/ one bathroom units. In addition, each unit is separately metered for gas and electricity. There is rental upside and remaining value-add. The opperating expenses are based on estimated values. The property is located just north of E Market Street offers excellent visibility and easy access to the 710, 91, and 405 fwys.

Lot Info:
Sq Ft: 7558
Acres: n/a

Listing courtesy of: Personal Touch Finance Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

MOLINO Avenue
Long Beach, CA 90804

Price: $905000

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MLS ID: P736529
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8221

Agent Remarks:
Unique investor equity opportunity. Part of large portfolio. Can be acquired individually or package. Property has been released from bankrupcty but retains existing financing. Successor entity can assume existing fixed long term note with reinstatement equity. No qualifying or recourse to investor. Successor entity is seeking 80% equity partner. Equity requirement varies from $275,000 for individual properties to $3 Million for large portfolio. Conservative pro forma models indicate significant ROI. Click on media to view .pdf files with more information.

Lot Info:
Sq Ft: 6250
Acres: n/a

Listing courtesy of: Randy Smith, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

CEDAR Avenue
Long Beach, CA 90813

Price: $1499900

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MLS ID: P744840
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 10324

Agent Remarks:
14 Units priced to quick sales. Side by side buildings, each building has 7units, large 5bedroom/ 1bath with living room dining room and kitchen & 2bedrooms/1bath each. building has laundry room.and has total of 6 enclosed car garages+ 2parking space in back and a lot of street front parking. Current rent is low and there's plenty of upside in rent. this is an opportunity for investors.

Lot Info:
Sq Ft: 11247
Acres: n/a

Listing courtesy of: AA International & Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

North PARAMOUNT Boulevard
Long Beach, CA 90805

Price: $949900

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MLS ID: R1005188
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5646

Agent Remarks:
Great investment property, two of the units are two story, located in a strong rental area close to freeways and shopping. Most of the units have been rehabed, and all the units have separate water heater. This building is an all electric and is very low maintenance. Seller will entertain all offers. Drive by only and please do not disturb the tenants.

Lot Info:
Sq Ft: 4996
Acres: n/a

Listing courtesy of: C-21 Astro -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Out of Area

Address: Read More

PINE Avenue
Long Beach, CA 90813

Price: $1575000

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MLS ID: S10054067
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Totally remodeled in and out. New exterior paint , windows with foam. Most of the units have new kitchen cabinets with granite counter top, ceramic tile floors, light fixtures, vertical blinds etc.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Tropical Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

CEDAR Avenue
Long Beach, CA 90813

Price: $950000

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MLS ID: P750396
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6564

Agent Remarks:
PERFECT FOR 1031 UPLEG EXCELLENT INCOME AND INVESTMENT PROPERTY. Very well maintained 10 units. This pride of ownership property consists of 2-2 bedroom/1-bath, 8-1 bedroom/1-bath units 5-garages. Upgraded railings, 7 units recently have new tile installed, new copper plumbing to hot water heater, separate gas and electric meters. Tremendous upside in rents. THIS PROPERTY HAS UNDERGONE A LEAD BASED PAINT INSPECTION AND RISK ASSESSMENT REPORT AND HAS PASSED FINAL CLEARANCE 12/28/2009 BY THE CITY OF LONG BEACH, QUIET STREET AND TENANTS.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Main Street Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

PINE Avenue
Long Beach, CA 90802

Price: $1780000

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MLS ID: P748506
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12870

Agent Remarks:
The Pine Avenue Apartments is a unique opportunity to own a multi-residential property in the heart of the historic downtown Long Beach redevelopment corridor. The property is well maintained and boasts an architectural style of the early 1900 s. The property consists of 16 apartment units along with two ground level retail spaces that benefit from the foot traffic in the area. Unit mix consists of studios, one bedroom units and two retail spaces. The building is master metered for gas and individually metered for electric. On-site laundry is building owned with 2 washers & 2 dryers.

Lot Info:
Sq Ft: 4996
Acres: n/a

Listing courtesy of: Investment Propety Group -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

GAVIOTA Avenue
Long Beach, CA 90813

Price: $950000

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MLS ID: P679676
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5625

Agent Remarks:
Same owner since 1995, and long term tenants paying very low rents. The property is well maintained. All electric units with seperate hot water heaters. Two double garages front and 4 garages rear. 3 of 8 garages rented at $25. each. Oil and mineral rights not included.

Lot Info:
Sq Ft: 5846
Acres: n/a

Listing courtesy of: Ellison Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

East BROADWAY Avenue
Long Beach, CA 90803

Price: $1940000

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MLS ID: P736941
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8156

Agent Remarks:
16 unitss in a great location overlooking Bixby Park. New Roof and plumbing has been upgraded.Property has good view of Bixby Park Majority of units have floors redone in wood Majority of the units Two 2brs 2ba 13 1brs 1ba one studio

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Pacific Coast Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

CEDAR Avenue
Long Beach, CA 90806

Price: $959900

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MLS ID: Y1002980
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6041

Agent Remarks:
Very attractive corner property in nice Wrigley area. Rare opportunity to acquire unique multi-residential property in strong Long Beach rental area. This corner property consists of a nice mix of units: One 3 bedroom, 1 bath (1200+ square feet) home with its own fenced yard; a fourplex with two 2 bedroom, 1 bath units, and two 1 bedroom, 1 bath units, and a duplex with two 2 bedrooms, 1 bath units. Units are currently being refurbished inside and out. Good upside in rents.

Lot Info:
Sq Ft: 9396
Acres: n/a

Listing courtesy of: Red Carpet Heritage Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Bixby; Bixby Knolls; Los Cerritos

Address: Read More

North BANNER Drive
Long Beach, CA 90807

Price: $2000000

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MLS ID: R906224
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5204

Agent Remarks:
These Buildings have been completely remodeled. Park like courtyard!! Units have new cabinets, Granite counter tops, tiled floors in kitchen and bathrooms. 4 Stacked laundry units included. 6- 2car garages with automatic doors. 4 storage units included. These buildings to be sold together. 4507-4517 & 4509-4519 are the adresses of both buildings. Drive by only- Please do not talk to tenants.

Lot Info:
Sq Ft: 7710
Acres: n/a

Listing courtesy of: Prudential CA Realty / Bixby -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

CHESTNUT Avenue
Long Beach, CA 90806

Price: $975000

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MLS ID: P734174
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7048

Agent Remarks:
We are proud to offer a well-maintained, attractive 8-unit property in the city of Long Beach. The subject property is located at 2375 Chestnut Avenue, two blocks south of Willow Street and four blocks east of Magnolia Ave, in the heart of the Wrigley District. This investment consists of four one-bedroom/one-bathroom, and four two-bedroom/ two-bathroom units. Built in 1937, this property is a three story walk-up style building with central hallways with approximately 7,048 rentable square feet. The property is well landscaped and offers two enclosed garages and three open spaces in the rear for the tenant s convenience. 2375 Chestnut Avenue is within close proximity to Lafayette Elementary School, numerous restaurants and shopping centers along Pacific Avenue. This property offers an investor the rare opportunity to acquire a well-maintained income property in a strong rental market.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Long Beach

Address: Read More

RAYMOND Avenue
Long Beach, CA 90804

Price: $2200000

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MLS ID: 12142825
Property Type: Residential Income
Status: Active

Beds: 24     Baths: 16     Sq Ft: 12860

Agent Remarks:
Stunning 8 units in Long Beach built 1990. Close to CSULB, 1 mile from the beach. Excellent unit mix (8) 3+2 situated over 9,622 sqft of land. The property features approx. 12,860 sqft building size, spacious units, copper plumbing, fireplace & separate dining area in 7 units. Each unit has separate water heater, washer/dryer hook-ups, walk in closets, 2 balconies, refrigerator, stove & microwave. The property is in excellent condition, has a great curb appeal, 17 subterranean parking spaces and no rent control. Drive-by only, please do not disturb or talk to tenants as they are unaware of the sale. VIEW BROCHURE IN ATTACHED DOCS

Lot Info:
Sq Ft: 9622
Acres: 0.221

Listing courtesy of: Coldwell Banker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Out of Area

Address: Read More

East HELLMAN Street
Long Beach, CA 90813

Price: $980000

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MLS ID: C10004823
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
8 units located in Long Beach. Units have new windows, deck, tile and newer stucco. New garage doors at a total cost of $40,000. Property is only blocks from the ocean. Well maintained. Mostly long term tenants. Lots of upside on the rents. Lots of possibilities. This is a must see!!!

Lot Info:
Sq Ft: 6077
Acres: n/a

Listing courtesy of: CENTURY 21 COLONIAL -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

East RHEA Street
Long Beach, CA 90806

Price: $2265000

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MLS ID: 10443545
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12300

Agent Remarks:
There are two 9 Unit Buildings with a Courtyard in between. Excellent bread and butter units in a Non Rent Control Area, Most units have been renovated, Having two separate parcels, can be managed by Investor. Have two Laundry Areas, Garages are rented out for average of $60/Month. Plumbing in 532 E Rhea street have been indicated to be Copper and 542 E Rhea has Partial Copper plumbing. There are two separate Water Heaters, one for each building. Secured Entrance to a Great Property.

Lot Info:
Sq Ft: 12998
Acres: n/a

Listing courtesy of: Rockview Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

PINE Avenue
Long Beach, CA 90806

Price: $995000

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MLS ID: P746501
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5198

Agent Remarks:
located in a strong rental area of Wrigley, rents on the two bedroom units are below market, Building has two 2 bedroom units and six 1 bedroom units, Unit #1 rents for only $650.00, manager occupied. All 3 garages are included with the rents of some units, could rent separately. Trash is included with the water/sewer bill.

Lot Info:
Sq Ft: 6299
Acres: n/a

Listing courtesy of: Josie B. Real Estate Services -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

TEMPLE Avenue
Long Beach, CA 90804

Price: $2352000

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MLS ID: P593003
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6496

Agent Remarks:
8-Unit Fully Entitled Condo Conversion with White Paper in Place and Recorded Final Map!1987's Construction - No Rent Control With Upside! Condo-Quality Interiors With Over $300,000 in Renovations: Wood Laminated and Tile Floors, Granite Counter tops, Energy Efficient Appliances, Washer/ Dryer Added Inside Each Unit, Designer Finishes Throughout, All New Doors And Dual Pane Windows, New Exterior Painting, New Decking, Tiled Front Entrance, Landscaping, Vinyl Fence All Around! Fully Occupied By Ready To Buy Tenants, Which Are Paying $1,500/Month Rent. With Continuing Trend Of Increasing Market Rents, And Decreasing Availability Of Rental Places, Condo Ownership Makes A More Financially Reasonable Option To Renting.

Lot Info:
Sq Ft: 6302
Acres: n/a

Listing courtesy of: American Investment Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area; Alamitos Beach

Address: Read More

PACIFIC Avenue
Long Beach, CA 90813

Price: $999000

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MLS ID: P746410
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6476

Agent Remarks:
The subject property, built in 1922, consists of (4) studios, (10) 1 bedroom/1 bathroom units, and (1) 3 bedroom/2 bathroom units. Amenities include laundry, garages, courtyard and gated entrance. Each unit is separately metered for electricty and master metered for gas. Units also have individual water heaters.

Lot Info:
Sq Ft: 11247
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Westside

Address: Read More

SANTA FE Avenue
Long Beach, CA 90810

Price: $2500000

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MLS ID: S628695
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 31969

Agent Remarks:
Pride Of Ownership / Single Story / Huge Lot / Gated Complex / Copper Plumbing / Electrical Has Been Upgraded / Newer Roof / Newer Sewer Lines / Little Deferred Maintenance / HUGE recreation room that can possibly be converted into 2 units / HUGE Office (+/-1700 SQ. FT) that can possibly be converted into a 2 bedroom unit / Many Upgrades (i.e. Windows, Carpet, Doors, Cabinets, Bathrooms, Tubs, & Much More). Next door to U.S. Post Office, Police Station, Church, Park, High School & Elementary School. In addition to these 33 Units, the property comes with 2 remodeled homes (3 bed + 2 baths--on a seperate APN) in back located behind the 33U at 2261-71 Adriatic Ave. I also have 12U next door that can either be purchased alone or with these 33 + 2 homes. The 12 Units are Individually metered for gas & electric and have been fully remodeled inside & out. Properties are located in a residential neighborhood. NO RENT CONTROL!

Lot Info:
Sq Ft: 31969
Acres: n/a

Listing courtesy of: Alliance Investment R.E., Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

OHIO Avenue
Long Beach, CA 90804

Price: $1080000

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MLS ID: P750072
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6120

Agent Remarks:
BANK-OWNED. The property has been completely renovated, with all units having granite countertops, tile flooring, new cabinetry, new paint, dishwashers, and new exterior paint and landscaping. Buyers have the opportunity to acquire an absolute pride of ownership building built in 1986 with all 2-bedroom 1.75-bath units. The seller will carry the financing for a qualified buyer.

Lot Info:
Sq Ft: 5846
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

ROSE Avenue
Long Beach, CA 90813

Price: $2860000

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MLS ID: S10044856
Property Type: Residential Income
Status: Contingent

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Great opportunity to invest in Long Beach. All two bedroom two bathroom units have 800+ square feet, individual balconies, two reserved parking spaces in subterranean gated garage. Beautiful curb appeal, on site laundry facility, gated entrance. An upgrade program was started by the seller, a couple of units have been upgraded with laminate hardwood floors and granite counters and were rented at substantial increase to the rent.

Lot Info:
Sq Ft: 15795
Acres: n/a

Listing courtesy of: Keller Williams Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

CEDAR Avenue
Long Beach, CA 90813

Price: $1090000

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MLS ID: P736939
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5276

Agent Remarks:
This offering consists of a unit mix of 12 - studio/one-bath and two - one-bedroom/one-bath units. The two-story wood-framed stucco property was constructed in 1923. This property also includes five single car garages as well as street parking

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Steven M. Bogoyevac, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Out of Area

Address: Read More

PINE Avenue
Long Beach, CA 90813

Price: $3100000

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MLS ID: C10071790
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
The subject property is a a 32-unit garden style apartment complex. It is comprised of 32 two-bedroom/one bathroom units and 16 garages. Gas and electricity are seperately metered. Units are equipped with stove, oven, gas, wall heaters, and celing fans among other amenities.

Lot Info:
Sq Ft: 14998
Acres: n/a

Listing courtesy of: MARCUS & MILLICHAP -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

MAGNOLIA Avenue
Long Beach, CA 90806

Price: $1093700

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MLS ID: P740258
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8162

Agent Remarks:
EXCELLENT WRIGLEY TWELVE UNIT CORNER BUILDING. EACH UNIT SEPARATELY METERED FOR GAS AND ELETRICITY, LOW TURN-OVER AND EASY TO RENT. BUILDING HAS A SWIMMING POOL. RENTS ARE ACTUAL AND EXPENSES ARE ESTIMATED.

Lot Info:
Sq Ft: 5798
Acres: n/a

Listing courtesy of: Belmont Brokerage & Mgmt. INC. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights; Alamitos Heights

Address: Read More

XIMENO Avenue
Long Beach, CA 90814

Price: $16800000

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Property photo
MLS ID: P694759
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 60652

Agent Remarks:
TENTATIVE PARCEL MAP APPROVED BY THE CITY OF LONG BEACH.

Lot Info:
Sq Ft: 39156
Acres: n/a

Listing courtesy of: Ed Soule, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: September 3, 2010

Information is believed to be reliable, but not guaranteed.





http://www.longbeachrealestatehome.com/008494

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(562) 212-5420

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Belmont Heights
Long Beach, California 90803

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Posted on December 18, 2008 22:08:01 by Laurie Manny
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To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.