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

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

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

Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

E Ocean Blvd
Long Beach, CA 90802

Price: 1263 E Ocean Blvd, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P679145
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5959

Agent Remarks:
OWC lst TD w/ 50% down @ 5-1/2% Fixed, amortized over 30 yrs, all due & payable in 10 yrs. Rarely on the market. Ocean Blvd. income property in Alamitos Beach. Adjacent to all the redevelopment & improvements going on Rainbow Harbor Downtown Area. Well maintained. Spanish Normandy style bldg. High quality,old fashion construction. Hardwood floors throughout the bldgs.Several private patios. Substantial ocean views from 4 units. All units are good size w/ separate eating areas. Rents are conservative. Property has had in last 4 yrs. new paint, new roof and all new garage doors. 7 one brs. & 2 studios. Tenants pay all utilities, except owner pay water & hot water. Just installed new commercial size water heater. Five mins. walking distance to East Village, Blue Line & all of the exciting redevelopment and action in downtown area. DIRECTLY ACROSS THE STREET FROM THE BEACH!

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

Listing courtesy of: Rene Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

W 4th St
Long Beach, CA 90802

Price: 433 W 4th St, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P691768
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8674

Agent Remarks:
The 4th street Apartments, built in 1919 consists of (9) one bedroom/one bathroom units and (3) two bedroom/ one bathroom units. Amenities include large units, gated entrance, tile floors, and close to beach & marina. Each unit is individually metered for gas and electric.

Lot Info:
Sq Ft: 5249
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E Artesia Blvd
Long Beach, CA 90805

Price: 190 E Artesia Blvd, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P573207
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. All units are under market rent with long term tenants. Market rents should be $750 per month, off street parking.

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

Listing courtesy of: C-21 Landmark Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

E Livingston Dr
Long Beach, CA 90803

Price: 3921 E Livingston Dr, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P670656
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9936

Agent Remarks:
SELLER FINANCING AVAILABLE! Prime Belmont Height/Shore Income Property. Flight To Quality!!! Located across the street from the beach/Belmont pier and walking distance to 2nd street shopping. This property features a total of 13 units. 12- 1 bed/1 bath units (5 units with ocean views) and 1 Penthouse- 1 bed/1 bath unit with office, panoramic ocean/city views and roof top balcony. Security building with koi pond. Pride of ownership. PLEASE DO NOT DISTURB OCCUPANTS!

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

Listing courtesy of: Coldwell Banker Residential -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Junipero Ave
Long Beach, CA 90804

Price: 1340 Junipero Ave, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: P622865
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3904

Agent Remarks:
Wow...10 Units in Long Beach!! 2 units= 1Bdrm/ 1bath & 8 units= singles each with own kitchen & bath (1 of the Singles has a storage area that is used as a 'bedroom'- it is rented as a 1Bdrm but it is Not a true 1bdrm- it's currently used as 3-1bdrms & 7 singles). Single Story- Court Yard style- Side by Side plus Laundry room. Currently Master Metered. Ideal for Builder/Investor/Contractor to fix up!! Potential!!

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Chestnut Ave
Long Beach, CA 90806

Price: 2191 Chestnut Ave, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: S547230
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9337

Agent Remarks:
16 units priced to sell quickly. GRM and Cap are based on ACTUAL rents-under 9x GRM and over 6% 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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

W Cowles St
Long Beach, CA 90813

Price: 456 W Cowles St, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P659881
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3744

Agent Remarks:
Have 4 singles @ $695. month and 2 two-bedrooms @ $995. month = $4,770 month plus $150 month approx laundry income = $4,920 month gross = $59,040 GSI = 11.0 times gross. Currently have 3 garages included with rentals at NO additional charge. Many upgrades and improvements have been made in this building over the past few years. There is a proposed PARK being built to the east of subject which should increase the location's desirability; buyer to investigate & satisfy himself. ***PLEASE DO NOT DISTURB TENANTS***MAKE OFFER 'SUBJECT TO INSPECTON'***

Lot Info:
Sq Ft: 4129
Acres: n/a

Listing courtesy of: Boardwalk Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 3rd St
Long Beach, CA 90802

Price: 1762 E 3rd St, Long Beach CA

Photo 1 of 5 See More

Property photo
MLS ID: P683549
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7772

Agent Remarks:
Great Location, Great Building. 17 units only 4 Blocks to the beach. Recent complete electrical sub-metering and new wiring. Ammenities / Upgrades include refinished hardwood floors, new tiling, upgraded cabinitry, granite counters (in some units), new automatic garage doors.

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

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

Martin Luther King Jr Ave
Long Beach, CA 90813

Price: 1483 Martin Luther King Jr Ave, Long Beach CA

Photo 1 of 6 See More

Property photo
MLS ID: P681768
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3496

Agent Remarks:
This complex has 8 Studios with full Kitchen and Bathrooms. All units are painted and in good condition. Easy to rent and maintain. Close to Nat'l Acclaimed Poly High. One unit is vacant. 4 Private Garages in Rear of Complex rented individually for $65. Please Drive by only and do not disturb tenants. Price reduced 50,000 . Seller Motivated.

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

Listing courtesy of: Keller Williams Coastal Prop. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Gladys Ave
Long Beach, CA 90804

Price: 1212 Gladys Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P688234
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6743

Agent Remarks:
STRAIGHT SALE! Not a short sale or a bank-owned and the Seller is motivated and very easy to work with, making this an extremely easy transaction. A beautiful income-producing 9-Unit Apartemnt Building that is the perfect residential income investment! Built in 1987, the property is practically brand-new and extremely well-maintained (no deferred maintenance), making this a fantastic turn-key opportunity. 100% OCCUPIED with great tenants. INCOME-PRODUCING LAUNDRY ROOM! Huge apartments, some with balconies and more. There are 7 2-bedroom/2-bathroom units and 2 1-bedroom/1-bathroom units. Plenty of subterranean secure garage parking and guest parking, which is a huge plus in Long Beach. A great location walking distance from shopping and other amenities. The PERFECT residential income investment. Make an offer today!

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

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Pacific Ave
Long Beach, CA 90813

Price: 1132 Pacific Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P686369
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4636

Agent Remarks:
Great investment property. House plus 5 units in the back. Total of 3 buildings. Close to everything. Recent remodeled. Property has 4 garages. Submit all offers.

Lot Info:
Sq Ft: 6072
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Gaviota Ave
Long Beach, CA 90813

Price: 776 Gaviota Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P692520
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7548

Agent Remarks:
The Gaviota Apartments, built in 1986 consists of (1) one bedroom/one bathroom unit and (8) two bedroom/two bathroom units. Amenities include laundry facilities, dishwashers, balconies, potential condo conversion, storage lockers, vaulted ceilings, gated entrance, new interiors- new carpets, flooring, kitchens, bathrooms, cabinets, counter tops, interior paint and appliances. All units are individually metered for gas and electric.

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

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Obispo Ave
Long Beach, CA 90804

Price: 1413 Obispo Ave, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P688566
Property Type: Residential Income
Status: Contingent

Beds: 0     Baths: 0     Sq Ft: 5056

Agent Remarks:
Great Investment Opportunity! 'Spanish Style' Units. 6 Total (1 Bdrm, 1 Ba) Front Building Offers 4 large size units (apx. 1,000 sq. ft.) with Separate Laundry Facilities. Back Building with 2 units Above 4-Garages & Storage Space. Upgrades Include: Fresh Exterior Painting & Trim, Copper Plumbing, Main Electrical Panel, Partial Windows & Doors. 1 Unit Completely Renovated.

Lot Info:
Sq Ft: 7423
Acres: n/a

Listing courtesy of: ReMax College Park Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

Cedar Ave
Long Beach, CA 90813

Price: 1118 Cedar Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: S577020
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8578

Agent Remarks:
Attractive large 11 units all individually metered for gas and electricity. Low maintenance with lots of upgrades. Located away from the larger main streets therefore more quiet and less traffic. The apartment consist of one 1 br/1 ba, eight 2 br/1 ba, one 2 br/ 2 ba, and one 3 br/ 2 ba. These units have a a high occupany rate due to their spaciousness, therefore they rent very easily. Located nearby shopping centers, freeways and entertainment such as beaufiful Shoreline Park and downtown Long Beach. Subject to inspection

Lot Info:
Sq Ft: 7749
Acres: n/a

Listing courtesy of: Phan, Julieanne -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Westside

Address: Read More

W 19th St
Long Beach, CA 90810

Price: 1531 W 19th St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P676030
Property Type: Residential Income
Status: Contingent

Beds: 0     Baths: 0     Sq Ft: 3864

Agent Remarks:
Incredible investment opportunity!! All six units of same floor plan and tenant occupied. This property features all individually metered units, 12 parking spaces at rear of building, and extremely well maintained. 10 GRM!! Great return!! Tenants unaware of sale, submit subject to inspection.

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

Listing courtesy of: C-21 Action -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

N Stanton Pl
Long Beach, CA 90804

Price: 1611 N Stanton Pl, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: S551742
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6185

Agent Remarks:
10 Bungalow Style units. (2) 4Bedroom/1 bath, (5) 3bedroom/ 1bath and (3)2bedroom/1bath. Newer constructions on all units drywall, electrical, cabinets, heating, plumbing and tile flooring. Three have enclosed patios. One has a large roof top sundeck. Gas and electric are individually metered. Two separate lots five units each. Located in a strong rental area. Property has an excellent assumable loan. GRM AND CAP ARE BASED ON ACTUAL NUMBERS!

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

Listing courtesy of: Century 21 Beachside Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Obispo Ave
Long Beach, CA 90804

Price: 1501 Obispo Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P687806
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4592

Agent Remarks:
LARGE CORNER LOT AT 15TH AND OBISPO-HOUSE HAS 3 BEDROOMS AND 2-BATHS (1-REMODELED)-KITCHEN (REMODELED)-APPROXIMATELY 1400 SF. AND A 4-UNIT 2-STORY BUILDING (ALL 1-BEDROOM/1-BATH) APPROXIMATELY 800 S.F. EACH AND 2 HAVE BEEN REHABBED. THIS IS A WELL CARED FOR PROPERTY AND THE MONTHLY INCOME IS ABOUT $ 4650 ACCORDING TO THE SELLER. THE RENTS ARE WELL BELOW MARKET AND COULD EASILY BE RAISED.

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

Listing courtesy of: Keller Williams Coastal Prop. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Freeman Ave
Long Beach, CA 90804

Price: 1764 Freeman Ave, Long Beach CA

Photo 1 of 9 See More

Property photo
MLS ID: P605316
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7072

Agent Remarks:
This 8-Unit Condominium Conversion Has An Approved Tentative Tract Map (#61685), With An Approved Final Map Scheduled For Spring 2008. All Units Are Occupied And Most Of The Existing Tenants Are Willing And Able To Buy.All Units Have 2 Bedrooms-2 Bathrooms And Feature All New Doors And Windows, New Kitchen, Granite Countertop, Tiled Floor And Brand New Appliances, Washer/ Dryer, Beautiful Wood Laminated Floor All Over, New Tiled Bathrooms And Very Large, Private Balconies.

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

Listing courtesy of: American Investment Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

Chestnut Ave
Long Beach, CA 90813

Price: 1487 Chestnut Ave, Long Beach CA

Photo 1 of 16 See More

Property photo
MLS ID: P675606
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5298

Agent Remarks:
Back on the market! Seller is remodeling units. Regular sale, NOT a short sale or REO!!! Excellent opportunity for investors, low price for 6 unit income property in very good condition. Great rental location with long term tenants. Low rents with LARGE upside potential. Revenue opportunity with current market rental prices. Four 2 bdrm/1 bath units (900-960 sq ft each) and two Singles (600 and 700 sq ft), with 5 single car garages. Well-maintained building and low operating expenses. Laundry room on premises. Do NOT disturb tenants. Motivated sellers have already picked out replacement property.

Lot Info:
Sq Ft: 4770
Acres: n/a

Listing courtesy of: Zip Realty Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Shore;Belmont Park;Naples

Address: Read More

Bay Shore Ave
Long Beach, CA 90803

Price: 40 Bay Shore Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: R900813
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 20685

Agent Remarks:
Highly motivated sellers. Renovate and raise rents in this prime location. Approximately 15% upside in rents. 11.25 GRM and 6.42% Cap Rate based on market rents. The property is comprised of three (3) separate parcels; 9 units at 456 54th Place, 6 units at 35 54th Place and 8 units at 40 Bayshore Avenue. The unit mix consists of; 5 one bedroom/one bath; 3 one bedroom/DEN/one bath; 1 one bedroom/DEN/one bath and laundry room; 9 two bedroom/one bath; 4 two bedroom/two bath; 1 three bedroom/one bath. The units in 35 and 45 54th Place have balconies and panoramic views of beautiful Alamitos Bay and the ocean. Some units at 40 Bayshore have minor ocean views. The property features a central courtyard and 12 on-site parking spaces that provide additional income along with the common area laundry room. Renovate with hardwood floors, granite counter tops, upgrade exterior and achieve substantial rent increases. This location supports it.

Lot Info:
Sq Ft: 14635
Acres: n/a

Listing courtesy of: C B Richard Ellis -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

N Nylic Ct
Long Beach, CA 90802

Price: 443 N Nylic Ct, Long Beach CA

Photo 1 of 5 See More

Property photo
MLS ID: S579374
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6565

Agent Remarks:
View property from address of 445 Daisy Ave. Legal address is Nylic Ct. Front Craftsman style house is two 3 br. 1 ba. units. Plus four 1 br. 1 ba. bungalow units behind house. Separately metered for gas and electric. Located in greatly improved area. Only 5 blocks to the ocean. Near Long Beach Aquarium of the Pacific. Always rented and always full. Rents and expenses shown are actual.

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

Listing courtesy of: Keller Williams Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

Pacific Ave
Long Beach, CA 90813

Price: 1585 Pacific Ave, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: S576863
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8848

Agent Remarks:
Spacious 10 unit complex, well maintained & low overhead, units have separate gas and electric meters, (2) 1br/ba, (6) 2br/2ba, (2) 3br/2ba, high rental demand and no rent control, located near shopping centers, frwys, and entertainment. Seller motivated.

Lot Info:
Sq Ft: 7500
Acres: n/a

Listing courtesy of: Phan, Julieanne -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E Florida St
Long Beach, CA 90802

Price: 1346 E Florida St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P667343
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3686

Agent Remarks:
Great 5 units building in charming naigbrhood. All units are recently remodeled.

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

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Magnolia Ave
Long Beach, CA 90806

Price: 2401 Magnolia Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P676119
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8162

Agent Remarks:
EXCELLENT WRIGLEY TWELVE UNIT CORNER LOCATON BUILDING. EACH UNIT IS SEPARATELY METERED FOR GAS AND ELECTRICITY. LOW TURN-OVER AND EASY TO RENT. BUILDING HAS SWIMMING POOL. RENTS ARE ACTUAL, 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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

E 19th St
Long Beach, CA 90806

Price: 816 E 19th St, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P670173
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5652

Agent Remarks:
PRICE REDUCED, MOTIVATED SELLER. Property was recently rehabbed. Motivated Seller. ASSUME EXISTING LOAN OF $563K @5.4%int.,WITH PAYMENT of $3,302 a month, SELLER MAY CARRY A SMALL SECOND TD. Property surrounded by SFR on a wide street, with easy access to transportation/Shopping. Large Units almost 600 +/- SF. Exp. are estimated. Click Media for complete Data Sheet.DO NOT DISTURB TENANTS, NOT AWARE OF SALE!

Lot Info:
Sq Ft: 3598
Acres: n/a

Listing courtesy of: Highmark Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Cedar Ave
Long Beach, CA 90813

Price: 1495 Cedar Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: G101606
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5276

Agent Remarks:
PRICE REDUCED!!CASH FLOW!!! ONLY 9.25 X G.R.M. ON EXISTING RENTS AND 8.94G.R.M. ON PROJECTED RENTS!! NO RENT CONTROL! Clean, Freshly Painted 14 unit building acreoss from Washington Middle School. Easy to rent. 12 studios and 2 one-bedrooms. Most units renovated. On-site manager

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

Listing courtesy of: GSBRMLS Reciprocal Listings -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Redondo Ave
Long Beach, CA 90804

Price: 848 Redondo Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: Y900953
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2936

Agent Remarks:
852 and 854 are two commercial units, 850 is a separate three bedrooms sfr and 848 and 902 are one bedroom units that are over five single car garages, for a total of five units.

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

Listing courtesy of: Star Realty Of California 2 -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

Locust Ave
Long Beach, CA 90813

Price: 1640 Locust Ave, Long Beach CA

Photo 1 of 8 See More

Property photo
MLS ID: P688978
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9334

Agent Remarks:
This property would be ideal for a home care facility with 25 separate bedrooms in 4 buildings. There's a 5 bedroom house in the courtyard, a separate 4 bedroom house and a separate 2 bedroom house in the rear. The 4 plex is located in the front of the units. There are 2-3 bedrooms & 2-4 bedrooms in building. The property has automatic gates for the courtyard and the 4 plex. There's a wash room in the basement of complex. The tenants are long terma and pay well. Always a waiting line for renting. LOW, LOW maitenance. The only electrical is in the common area. No gas costs. Clos to everything, dining, entertainment, freewway friendly, shopping etc. Property rehabbed several years ago. Looks good with great tenants. Good Investment for now and the future.

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

Listing courtesy of: C-21 Beachside -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E Market St
Long Beach, CA 90805

Price: 251 E Market St, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: P690696
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3844

Agent Remarks:
Great investment income property. This building is build in 1987, Sharp newer cape code type building with used brick fascia shows curb appeal. 8 tanden parkings underneath the building, Community Laundry. 3 out the 5 units has been total renovated. Located in a high demand rental area. Potential upside in rent. Seller is very motivated... Submit all offers.

Lot Info:
Sq Ft: 6000
Acres: n/a

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Obispo Ave
Long Beach, CA 90804

Price: 1635 Obispo Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P589744
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6170

Agent Remarks:
Nice 8 Unit all 2 bedroom 2 bath units with balconies. Individual gas and Elec meters. Tuck under parking. Built 1986. Excellent curb appeal. Possible Condo Conversion. Great location.

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

Listing courtesy of: P.R.S. Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E 15th St
Long Beach, CA 90804

Price: 2652 E 15th St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P678956
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3026

Agent Remarks:
SELLER WILL CONSIDER WRAPPING EXISTING LOAN OR CARRYNG SOME PAPER FOR THE RIGHT BUYER! These are 8 x 1 bdrm units in a good rental area of Long Beach. Clean property with stable tenants. Rents are low and should be increased. Note: owner is motivated to sell erty and will consider all reasonable ofers.

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Termino Ave
Long Beach, CA 90804

Price: 1212 Termino Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: S555646
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6400

Agent Remarks:
Newly renovated in April 2008, granite countertops, stainless steel appliances, etc. Looks like condos. Zero maintenance. Great professional tenants with leases in place until June 2009. Never have problems collecting rent. Take over existing debt of $1.2MM @ 6.2%, means you can buy with only $300,000. Monthly rental income is $11,750, nearly $2,000 in your pocket every month after debt and expenses are paid. This is almost an 8% cash-on-cash return ($24,000 take home with $300,000 down). Additional upside years down the road as a condo conversion.

Lot Info:
Sq Ft: 5532
Acres: n/a

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

E 25th St
Long Beach, CA 90806

Price: 232 E 25th St, Long Beach CA

Photo 1 of 4 See More

Property photo
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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

Quincy Ave
Long Beach, CA 90803

Price: 220 Quincy Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P687888
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5522

Agent Remarks:
Rare investment opportunity in an eight-unit apartment complex located one block from Belmont Shore's 2nd Street. Average household income is over $85,000 in this area and the average home price exceeds $965,000. The unit mix consists of four one-bedroom/one-bathroom units, three two-bedroom/one-bathroom units and one two-bedroom/two-bathroom penthouse unit. Tenants enjoy five enclosed garages as well as an on-site laundry facility which provides additional income. The subject property is separately metered for gas and electricity. This is a rare opportunity to acquire a quality asset just blocks from the Pacific Ocean. Strong in-place income and prime location make this a perfect addition to any investor's portfolio.

Lot Info:
Sq Ft: 6347
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

LOCUST Ave
Long Beach, CA 90813

Price: 1716 LOCUST Ave, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: P692688
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4432

Agent Remarks:
There are two 1 bedroom 1 bathroom units and six 2 bedroom 1 bath.

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

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Cedar Ave
Long Beach, CA 90806

Price: 2309 Cedar Ave, Long Beach CA

Photo 1 of 9 See More

Property photo
MLS ID: P678895
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 13158

Agent Remarks:
Sharp 16-unit complex for the shrewd investor. Two buildings, side-by-side (on separate parcels) with an inviting, lush courtyard between. Four units are 2BR/2BA and 12 are 1BR/1BA. Many units upgraded are are very attractive. 12 garages, all rented. Two laundry rooms with equipment owned by Seller adds another $500-$600/mo in income. Separately metered for gas/electric. All rents are actual. Expenses are estimated. Drive by only. Subject to.

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

Listing courtesy of: Cotton Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 17th St
Long Beach, CA 90813

Price: 429 E 17th St, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: S571186
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8282

Agent Remarks:
Great Investment Value with a Cap Rate of 8.36%. Owner has just replaced water pipes with 1' lined copper, permitted by the City of Long Beach. All units have a separate water, electric, and gas meter.

Lot Info:
Sq Ft: 4436
Acres: n/a

Listing courtesy of: First Team Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Rose Ave
Long Beach, CA 90813

Price: 900 Rose Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P656465
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12170

Agent Remarks:
ATTENTION CONVERTERS/DEVELOPERS; THIS DEAL REALLY PENCILS AT A $250K PER UNIT EXIT PRICE. IF YOU KNOW YOUR COSTS YOU'LL SEE THERE'S PLENTY OF PROFIT OPPORTUNITY PICKING UP THIS PROJECT AT $131K PER UNIT. Excellent opportunity for an experienced Investor/Developer/Converter to take this approved project to the next level. The Owner has pushed a pencil; now the project needs someone to swing a hammer. This 16 unit project has two floor plans, one with an extended dining area, the other without. All units are 2 bedrooms, one bath. The project has a large subterranean secured parking lot with 21 parking spaces. The building is separately metered for gas & electric, and you can decentralize the hot water system when you convert, if you like. Project has an Tentative Tract Map approved by the City of Long Beach which is valid until 12/17/09.

Lot Info:
Sq Ft: 11310
Acres: n/a

Listing courtesy of: Mark Wilson, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 7th St
Long Beach, CA 90813

Price: 1037 E 7th St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: S571194
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6480

Agent Remarks:
Great Investment Value with a Cap Rate of 7.12%. All units have seperate Electric Meters.

Lot Info:
Sq Ft: 4434
Acres: n/a

Listing courtesy of: First Team Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Gaviota Ave
Long Beach, CA 90813

Price: 776 Gaviota Ave, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P689518
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 15096

Agent Remarks:
* 2 Separate 9 Unit Buildings * New Interiors-Kitchens, Bathrooms, Flooring, Paint & Appliances * 1986 Construction * Upside in Rents * Potential Condo Conversion * Storage Lockers * Majority 2 Bedrooms

Lot Info:
Sq Ft: 12500
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Nebraska Ave
Long Beach, CA 90802

Price: 630 Nebraska Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P677257
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5400

Agent Remarks:
This 6 Unit two-story apartment building is located within a strong rental market and close proximity to downtown restaurants, shopping and three major freeways. Built in 1981, the property consists of 5,400 rentable square feet with a lot size of 6,750 square feet. This property is two-story walk-up style consisting of six - two bdrm/one bath units. The property includes an income-producing laundry room and subterranean parking. In addition, it is separately metered for gas and electricity.

Lot Info:
Sq Ft: 6750
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Magnolia Ave
Long Beach, CA 90813

Price: 836 Magnolia Ave, Long Beach CA

Photo 1 of 18 See More

Property photo
MLS ID: P690950
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8232

Agent Remarks:
Lowest price 5 unit downtown!!! 8 blocks to beach...2 lots.. duplex in front currently used as single family, built in 1917, 3 units in rear built in 1936. 8(eight) single car garages!!! The 2 parcels possibly can be seperated...buyer to determine & verify. Possible increased value by changing to legal 4 units.....increased financing selections. Garage income alone could be $800 monthly! DRIVE BY ONLY..STI..financial data is projected..LOTS of POTENTIAL!!!

Lot Info:
Sq Ft: 4116
Acres: n/a

Listing courtesy of: ReMax College Park Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Locust Ave
Long Beach, CA 90813

Price: 1537 Locust Ave, Long Beach CA

Photo 1 of 7 See More

Property photo
MLS ID: S574224
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4440

Agent Remarks:
Two seperate structure. 1)Front building with 5 units and 2) Back building has 3 units. Well maintaned building, good rental area with long term teants. Rents are below market for this area. Conventient location.

Lot Info:
Sq Ft: 7196
Acres: n/a

Listing courtesy of: Century 21 Masters Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Walnut Ave
Long Beach, CA 90813

Price: 1056 Walnut Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P690050
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6876

Agent Remarks:
High actual Cap rate of this well maintained 9 units apartments. The subject property features 2 units are 3Bed/1 Bath, 6 units are 2Bed/1 Bath and 1 unit is 1Bed/1Bath. Property has 5 enclosed garages and laundry facility. Most units have newer tile flooring, carpet, interior paint. Long Term tenants and all are on Month-To-Month agreement. Separately metered for Gas & Electricity. This property has low maintenance and easy for owner to manage.

Lot Info:
Sq Ft: 6107
Acres: n/a

Listing courtesy of: First Team Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

N Paramount Blvd
Long Beach, CA 90805

Price: 6476 N Paramount Blvd, Long Beach CA

Photo 1 of 10 See More

Property photo
MLS ID: R903190
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5646

Agent Remarks:
Great investment property, low maintenance building, all elictric. Two of the units are two story. The property is located in a good rental area, close to freeways, shopping, and schools. There is upside in rent, most of the units have been rehabed, and all have separate water heater. Motivated seller and will entertain all offers. Please do not disturb the tenants. Drive by only.

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E HULLETT St
Long Beach, CA 90805

Price: 247 E HULLETT St, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: R901634
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8086

Agent Remarks:
This 10 unit building includes 7 garages,gated pool and laundry room. 7 units are 2 story,2 bedroom,2 bath., 3 units are one bedroom and are all located upstairs overlooking the pool. Rents are low and can be increased. 2 BEDROOM RENTS ARE CURRENTLY RENTED AT $1000. ONE BEDROOMS ARE CURRENTLY RENTED AT $750. TENANTS DO NOT KNOW PROPERTY IS FOR SALE. PLEASE SUBMIT ALL OFFERS 'SUBJECT TO INSPECTION' VIA FAX.

Lot Info:
Sq Ft: 8812
Acres: n/a

Listing courtesy of: Loop Property Management -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E 57th St
Long Beach, CA 90805

Price: 160 E 57th St, Long Beach CA

Photo 1 of 5 See More

Property photo
MLS ID: P685284
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5656

Agent Remarks:
A seven-unit apartment constructed in 1964 of wood frame and stucco. Tenants enjoy a well-maintained common area with on-site laundry equipment along with three garages. The unit mix consists of all two-bedroom/two-bath units. The property also features separately metered gas and electric. The current owner has thoroughly updated the property with all copper plumbing, plastic sewers, new security doors and a fresh coat of paint.The property is very close to the 405 and 710 Freeways, which creates easy access to employers and keeps the units in very high demand. This property is a great opportunity for an investor looking for solid cash flow with rental upside in a very strong rental market.

Lot Info:
Sq Ft: 5606
Acres: n/a

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

N Elm Ave
Long Beach, CA 90813

Price: 1431 N Elm Ave, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P674304
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9250

Agent Remarks:
Sharp building recently replumbed to full copper. Building is full. Most are long term tenants. rents are fairly low.

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

W Burnett St
Long Beach, CA 90806

Price: 320 W Burnett St, Long Beach CA

Photo 1 of 6 See More

Property photo
MLS ID: P687611
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8308

Agent Remarks:
Good looking building, well landscaped. All units face the street, have inside laundry, seperate hot water heaters, disposals, and rear doors. Townhouse apartment on the Burnett & Chestnut corner and 5 garages at the Burnett & alley corner. The townhouse has a fireplace in the living room.

Lot Info:
Sq Ft: 6612
Acres: n/a

Listing courtesy of: Ellison Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

2nd St
Long Beach, CA 90802

Price: 1142 2nd St, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P683502
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6354

Agent Remarks:
The Second Street Apartments are comprised of 6 large units located 2 blocks from the beach. Easy to rent units with hardwood floors, outdoor space, and in unit washer & dryers. 4 of the 6 units are over 1,200 sq ft.

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

Listing courtesy of: Sperry Van Ness -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Orange Ave
Long Beach, CA 90813

Price: 725 Orange Ave, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: P680060
Property Type: Residential Income
Status: Contingent

Beds: 0     Baths: 0     Sq Ft: 7344

Agent Remarks:
7.65% CAP Rate on Current with $3840 per unit in expenses. This is a great cash flow deal. All 2 Bedroom units, each with an individual garage. 1.25 DCR allows for 75% LTV. Seller also has completely replaced the electrical, replaced the heating & venting, and redone the exterior.

Lot Info:
Sq Ft: 11796
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Gaviota Ave
Long Beach, CA 90813

Price: 784 Gaviota Ave, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P692530
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7548

Agent Remarks:
The Gaviota Apartments, built in 1986 consists of (1) one bedroom/one bathroom unit and (8) two bedroom/two bathroom units. Amenities include laundry facility, dishwashers, balconies, potential condo conversion, storage lockers, vaulted ceilings, gated entrance, gated parking, new interiors- new carpet, flooring, kitchen, bathroom, cabinets, counter tops, interior paint and new appliances. Each unit is individually metered fro gas and electric. and each has individual water heaters.

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

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 10th St
Long Beach, CA 90813

Price: 1600 E 10th St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P689643
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6688

Agent Remarks:
Great well kept 8 unit property ALL 2 BEDROOM UNITS with 4 garages. Recent paint, individual gas and electric meters. Close to all services, 10 blocks to the beach. Shows great, easy to rent and good upside on rental income. Potential cash cow. Owner moved out of area.

Lot Info:
Sq Ft: 7410
Acres: n/a

Listing courtesy of: P.R.S. Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Cedar Ave
Long Beach, CA 90813

Price: 1765 Cedar Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P677116
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9136

Agent Remarks:
12-unit apartment building located within a strong rental market and close proximity to downtown restaurants, shopping, entertainment and employment. Built in 1963, the property is two-story walk-up style consisting of five one-bedroom/one-bath units, five - two bedroom/one-bath units, and two two-bedroom/two-bath units. The property includes an income-producing laundry room, eight enclosed garages, and is separately metered for gas and electricity.

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

N Stanton Pl
Long Beach, CA 90804

Price: 1524 N Stanton Pl, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: S561053
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5076

Agent Remarks:
Well cared for property with owner/manager in strong rental area. (3) 2 bedrooms 1 bath, (4) 1 bedroom 1 bath and 12 parking spaces. Property is gated and offers off street parking. It s individually metered for low expenses. Has been upgraded with copper plumbing and recently replaced decks and fascia (2008). Market rents used for GRM and CAP, Actual rents shown below.

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

Listing courtesy of: Century 21 Beachside Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E 7th St
Long Beach, CA 90813

Price: 1621 E 7th St, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P689522
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6938

Agent Remarks:
The 7th Street Apartments, built in 1987, consists of (8) 2 Bedroom/ 2 Bathroom units and (2) 1 Bedroom/ 1 bathroom units. Amenities include laundry facilities, dishwashers, balconies, new carpet & flooring.

Lot Info:
Sq Ft: 7500
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Outside Area

Address: Read More

Atlantic Ave
Long Beach, CA 90806

Price: 1830 Atlantic Ave, Long Beach CA

Photo 1 of 7 See More

Property photo
MLS ID: Y901153
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5552

Agent Remarks:
Great Investment Opportunity!!! Property can be used as commercial and residential. 14 Units are studios with their own bathroom and closet. 2 units are 1bd and 1ba with a living room, dinning area and laundry space. Motivated seller and may carry back if needed. Owner completed construction to apply for a motel business.

Lot Info:
Sq Ft: 4887
Acres: n/a

Listing courtesy of: Prudential 24 Hour Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

Roswell Ave
Long Beach, CA 90804

Price: 1066 Roswell Ave, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: P687766
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6694

Agent Remarks:
Newer 1987 eight unit gated apartment building with 12 covered parking spaces, on-site laundry, and near Recreation Park and CSULB. All units have dishwashers, balconies, and two have fireplaces and picture windows in kitchen, all have lots of closet space. 7/8 have been fully upgraded. Clean, quiet neighborhood. Good mix, four one bedroom one bath, four two bedroom two full baths. Recent complete termite (2005). Many upgrades. Super clean and nice modern building.

Lot Info:
Sq Ft: 5850
Acres: n/a

Listing courtesy of: C-21 Beachside -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Raymond Ave
Long Beach, CA 90804

Price: 1228 Raymond Ave, Long Beach CA

Photo 1 of 6 See More

Property photo
MLS ID: P664346
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4482

Agent Remarks:
12 one bedroom units, Totally rehabbed in 2004. New sewer lines, new copper plumbing, updated electrical with new meters, large ceramic tile floors throughout, new cabinets and counters, new bath tubs and toilets, windows and light fixyures, new stove and new Keyless entry security gate. Additional laundry room income. Do Not Bother Tenants, Do Not Walk on Property. Upside in Rents, Great Opportunity for an easy to manage building. Actual GSI $104,460. No Rent Control. Current Loan maybe Assumable. Turn Key Operation.

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

Listing courtesy of: American Dream Homes Rlty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E Florida St
Long Beach, CA 90802

Price: 1400 E Florida St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P667326
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 11960

Agent Remarks:
Great location. Building is in perfect condition. Most of the units are remodeled.

Lot Info:
Sq Ft: 8999
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Pine Ave
Long Beach, CA 90806

Price: 1880 Pine Ave, Long Beach CA

Photo 1 of 17 See More

Property photo
MLS ID: P666380
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4944

Agent Remarks:
Motivated seller will consider all offers on this gated 12 studios with a deck for small gatherings and a laundry room for additional income! Walking distance from shops, restaurants and Metro Station on Long Beach Blvd and PCH. Minutes away from Ocean Blvd's finest hotels and restaurants, Long Beach Convention Center and the Aquarium of the Pacific. Electrical panel was recently upgraded with city permit. Rents may not be at market.

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

Listing courtesy of: C-21 Action -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Hermosa Ave
Long Beach, CA 90802

Price: 319 Hermosa Ave, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: P672081
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7724

Agent Remarks:
Great Alamitos Beach Location Only 1 Block West of Cherry Avenue. Walk to the beach, short drive or bike ride to Downtown LB and/or Belmont Shore. Two Buildings with center patio area. Extra income from non-conforming 18th unit. Master metered. Lowest price per unit South of 4th Street, only $86k per unit.

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

Listing courtesy of: Marcus & Millichap -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Stanley Ave
Long Beach, CA 90814

Price: 675 Stanley Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P649033
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5076

Agent Remarks:
Located on tree lined street, a short 6 blocks to the beach through Rose Park Historic District. Area attract CSULB students although this building has mostly long term tenants. Building was purchased in 2001 from original owner/builder. Both owners have taken prideful care of the 6 unit building. Exterior was painted in 2007. Low maintenance. Verizon FIOS upgrade authorized and coming soon. No a/c. Most units have ceiling fans. 3 bedroom owner's unit has washer/dryer, office and entry is separate from other apts. Laundry room for other 5 apts.

Lot Info:
Sq Ft: 4500
Acres: n/a

Listing courtesy of: Main Street Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

Gundry Ave
Long Beach, CA 90805

Price: 6659 Gundry Ave, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: P667089
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8065

Agent Remarks:
Big Lot 23,949 sqft, 3bed/1bath house + 2bed/bath1 house + 8-2/bed/1 bath apartment buildings, 2 car garages + 9 parking spaces. Property locate in a residential street. May possible subdivide 2 houses out as individual property or check with city may possible built condos or larger apartment units. DRIVE BY ONLY, TENANTS DO NOT KNOW IS FOR SALE. CALL LISTING AGENT FOR SET UP SHEET.

Lot Info:
Sq Ft: 23949
Acres: n/a

Listing courtesy of: Infinity Commercial R. E. Grp -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E Hellman St
Long Beach, CA 90813

Price: 1123 E Hellman St, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: G101601
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5421

Agent Remarks:
PRICE REDUCTION!! CASH FLOW CASH FLOW!! Clean, well kept 7 unit building. ALL 2 BEDROOMS! Perfect 1031 upleg property for an owner who wants an investment that runs itself!. ONLY 10.35 X ACTUAL RENTS, AND 9.85 X PROJECTED RENTS. Modern building with no deferred maintenance and low costs! Stable, Quiet tenants. Manager lives next door. MOST UNITS HAVE BEEN RECENTLY UPGRADED. EXTERIOR HAS BEEN RECENTLY PAINTED AND BUILDING HAS PARTIAL COPPER PLUMBING! INSIDE UNITS SHOW WELL. ADD'L $300 PER MONTH FROM GARAGE RENTALS AND APPRX. $120 PER MO. IN LAUNDRY INCOME.

Lot Info:
Sq Ft: 5275
Acres: n/a

Listing courtesy of: GSBRMLS Reciprocal Listings -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

Euclid Ave
Long Beach, CA 90803

Price: 210 Euclid Ave, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P675086
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4856

Agent Remarks:
Located in the heart of Belmont Heights with an exceptionally large lot. All are one bedroom units; all with beautiful hardwood floors. Two units have dens.

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

Listing courtesy of: Keller Williams Coastal Prop. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E Florida St
Long Beach, CA 90802

Price: 1410 E Florida St, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P667338
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5616

Agent Remarks:
Great location. Building is in exelent condition. Most units are recently remodeled.

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

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Westside

Address: Read More

E 8th St
Long Beach, CA 90813

Price: 336 E 8th St, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: P689768
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 11992

Agent Remarks:
336 E 8th Street is a great opportunity to buy 80's construction in a strong rental market. Buyers looking for building with a desirable unit mix will appreciate this 13-unit property that is well-situated in a partof Long Beach that is undergoing tremendous redevelopment. The building offers access to public transportation, supermarkets, and restaurants just blocks away. The offering consists of three two-bedroom/one-bath units, nine one-bedroom/one-bath units, and one three-bedroom/two-bath unit. This 13-unit building not only offers a very sought after unit mix but it boasts 16 garages. This newer construction building offers three stories,gated entry, and is individually metered for gas and electric. In a city of redevelopment, this desirable location, great unit mix, low maintenance and condo conversion potential; complete the perfect opportunity for your next property acquisition.

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

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

N Redondo Blvd
Long Beach, CA 90814

Price: 425 N Redondo Blvd, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: P683375
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2688

Agent Remarks:
Great Rental Area, 7 Individual Cottages, All Upgraded, Each Unit has WW Carpet, Stove, Refrigerator and Window Blinds,Each allocated spacious storage unit in rear of property, Separate water heaters, Lovely landscaping, Owners paye cold water and gardening only.

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

Listing courtesy of: ReMax College Park Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E 2nd St
Long Beach, CA 90802

Price: 1620 E 2nd St, Long Beach CA

Photo 1 of 1 See More

Property photo
MLS ID: P683360
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8497

Agent Remarks:
Classic Spanish 8-unit building in excellent rental area of Long Beach -just 2 short blocks to the beach! Property has had many upgrades and is in top condition. Mix includes 5 x 2 bedroom units and 3 x 1 bedroom units + 5 garages and off street parking. Features include hardwood floors, upgraded kitchens, quiet and beautiful surroundings, original molding, and more... This type of pride-of-ownership property does not come on the market very often. 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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Gaviota Ave
Long Beach, CA 90813

Price: 840 Gaviota Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Shore;Belmont Park;Naples

Address: Read More

Quincy Ave
Long Beach, CA 90803

Price: 5 Quincy Ave, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: P693817
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4419

Agent Remarks:
On Ocean Blvd with Ocean views in Belmont Shore. Literally turnkey with no differed maintenance. This building is immaculate with great tenants. On-site laundry and some hardwood floors.

Lot Info:
Sq Ft: 3145
Acres: n/a

Listing courtesy of: Maverick Apartment Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Daisy Ave
Long Beach, CA 90802

Price: 425 Daisy Ave, Long Beach CA

Photo 1 of 5 See More

Property photo
MLS ID: S579350
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4824

Agent Remarks:
Cash flow 11 units located in greatly improved area. Only 5 blocks to the ocean. Near Long Beach Aquarium of the Pacific. Property consists of four studios and seven 1 br. units. Security entrance with center courtyard area. Some units have balconies or patios. Large yard in rear of property available as gated parking. Separately metered for gas and electric. Rents and expenses shown are actual. Always rented and always full.

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

Listing courtesy of: Keller Williams Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

E 3rd St
Long Beach, CA 90814

Price: 3010 E 3rd St, Long Beach CA

Photo 1 of 18 See More

Property photo
MLS ID: P692473
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5890

Agent Remarks:
Tremendous investment opportunity in Bluff Heights. This Meticulous maintained, beautifully landscaped, 14 unit classic Spanish building is nestled in the peaceful neighborhood of Bluff Heights. With the features of walking distance to the beach, shops, and restaurants, the vacancy rate is never an issue at less than 3% per year. Building consists of 11-Studio, and 3-1 bedroom, all upgraded with fresh paint and hardwood flooring. There are 3 garages, a laundry room, plus storage area. All of the apartments have stoves and refrigerators, many of them have a built-in Murphy bed. 5 of the units have private patios.

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

Listing courtesy of: Coldwell Banker Coast Alliance -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E Norton St
Long Beach, CA 90805

Price: 190 E Norton St, Long Beach CA

Photo 1 of 9 See More

Property photo
MLS ID: R903189
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7032

Agent Remarks:
Great investment property, located in a good rental area with upside in rents. Most of the units have been rehabed. The property has three garages, and an ally axcess. Most of the tenant are long term tenants. Drive by only please and do not disturbe the tenants. Motivated seller and will entertain all offers.

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

E Broadway
Long Beach, CA 90803

Price: 2067 E Broadway, Long Beach CA

Photo 1 of 4 See More

Property photo
MLS ID: P661962
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8156

Agent Remarks:
16 units in a great location overlooking Bixby Park. New Roof and plumbing has been upgraded. Property has good view of Bixby Park Broadway/Junipero . Majority of the units have had floors redone in wood. two 2 brs 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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Orange Ave
Long Beach, CA 90802

Price: 610 Orange Ave, Long Beach CA

Photo 1 of 17 See More

Property photo
MLS ID: P678428
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6669

Agent Remarks:
Price Slashed! WELL MAINTAINED UNITS IN DOWNTOWN LONG BEACH ONLY 6 BLOCKS FROM THE BAY AND 2 MILES FROM THE DOWNTOWN ENTERTAINMENT DISTRICT, THE ACQUARIUM AND THE CONVENTION CENTER. GREAT UNIT MIX OF 2 BEDROOM UNITS AND A 3 BEDROOM UNIT. SIMPLICITY OF MAINTENANCE. ALL UNITS ARE NICELY UPGRADED WITH CROWN MOULDING, RECENT CARPETING, CERAMIC FLOORING IN THE KITCHEN AND BATHROOM, AND RECENT FREE STANDING STOVES. 2 MILES TO LONG BEACH STATE UNIVERSITY. WALK TO BUSSES FOR TRANSPORTATION TO RAIL TRANSIT TO L A OR THE AIRPORT. 4 MILES TO THE 405, 505, 22 AND 91 FREEWAYS. GREAT STEAM OF INCOME ON HIGH DEMAND UNITS. ADJACENT TO FRANKLIN CLASSICAL MIDDLE SCHOOL.

Lot Info:
Sq Ft: 7248
Acres: n/a

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Westside

Address: Read More

Cerritos Ave
Long Beach, CA 90813

Price: 765 Cerritos Ave, Long Beach CA

Photo 1 of 2 See More

Property photo
MLS ID: P678184
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 16090

Agent Remarks:
The building was built in 1963 and consists of 20 spacious apartment units with a desirable 80 percent two and three-bedroom unit mix which is rare to find. There are four one-bedroom, 14 two-bedroom, and two three-bedroom units. This low maintenance building is a two-story wood frame structure with pitched roof and mostly copper plumbing (Buyer to inspect and verify). All units surround a newly-resurfaced, open courtyard. The units are separately metered for gas and electricity and there is a central water heater. There are 10 garages and an on-site laundry facility for additional income. Priced below replacement cost at $130/sf and 8.08 GRM, this investment opportunity provides an exchange opportunity for investors with older and smaller properties to upgrade.

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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

W 20th St
Long Beach, CA 90806

Price: 450 W 20th St, Long Beach CA

Photo 1 of 7 See More

Property photo
MLS ID: S569740
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7875

Agent Remarks:
This is a 10 unit 2 story apartment building with 9 conforming and 1 non conforming unit. The property is individually metered for gas and electricity. Six of the units have had extensive upgrades including hardwood floors, window coverings, cabinets in bathrooms and kitchens,porcelain floors in kitchens and bathrooms and new baseboards. 5 x 1bd +den (usually used as 2 bedrooms),1 x 1bd.. 2 x 2bd+1ba, 1 x 3bd +1 ba, 1 Studio.

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

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Temple Ave
Long Beach, CA 90804

Price: 1021 Temple Ave, Long Beach CA

Photo 1 of 5 See More

Property photo
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: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Saint Louis Ave
Long Beach, CA 90804

Price: 1080 Saint Louis Ave, Long Beach CA

Photo 1 of 10 See More

Property photo
MLS ID: P678063
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8800

Agent Remarks:
PRICE REDUCED! Seller motivated! Not a Short Sale or REO. An easy-going seller with a great turn-key investment property ready to be sold! This is a very well maintained property with great curb appeal. 100% occupied with waiting list and tons of upside in rents! Built in 1989, all units are very large 2 bedroom, 2 bathroom apartments with great interiors. The large units have many amenities such as gardens with automatic sprinklers, balconies, etc. Plenty of gated secure private underground parking for tenants, storage areas, and guest parking, which is a huge upside in Long Beach. Separate meters and hot water heaters. Non-leased, income-producing washers & dryers in laundry room. Great tenants make collecting rents easy. Very good cash flow. Additional Income/Expense info available upon request. An amazing gem of a find and a perfect residential income investment!

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

Listing courtesy of: -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Walnut Ave
Long Beach, CA 90802

Price: 575 Walnut Ave, Long Beach CA

Photo 1 of 9 See More

Property photo
MLS ID: P693359
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 18766

Agent Remarks:
Highly motivated seller! Well-built, Mediterranean style apartments. Completely rehabbed over the last 4 years. Two buildings, side-by-side with an inviting, modest courtyard - low maintenance! Located in a great rental area of Long Beach on the border of Belmont Shore and near SFRs. Great unit mix! 12-space parking lot ($50/space/month) and laundry room (equipment owned by seller) for extra income. Nine units completely remodeled or nicely updated in the last 4 months - they are very attractive! Two of the 2-bedrooms have just been completely remodeled - new kitchens including brand new appliances, bathrooms, windows, paint, tile and carpet! Seven other studio and 1-bedroom units refurbished, four with new carpet and five with restored original 1920's style wood floors. All figures below are based on current rents. Call with any questions.

Lot Info:
Sq Ft: 26998
Acres: n/a

Listing courtesy of: C-21 Chamberlain & Associates -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

Locust Ave
Long Beach, CA 90813

Price: 1441 Locust Ave, Long Beach CA

Photo 1 of 3 See More

Property photo
MLS ID: P675528
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7800

Agent Remarks:
The Locust Apartments, built in 1989, consists of all 2BR/2BA units. The interiors of the units are well-maintained, and amenities include garage parking, laundry facilities, gated access, balconies, and dishwashers. All units are separately metered for electricity, gas and trash.

Lot Info:
Sq Ft: 7500
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Freeman Ave
Long Beach, CA 90804

Price: 910 Freeman Ave, Long Beach CA

Photo 1 of 0 See More

Property photo
MLS ID: P678148
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 47467

Agent Remarks:
4 Balcony Style Buildings 9 Units Each. Newly upgraded. Each of the 4 Buildings have 6 Garages for a total of 24 Garages with Additional Parking on Site. Upgraded Windows etc. Seperate Meters both Gas and Electric. Two Laundry Rooms Add to the over $40,000 per month gross income. Built in 1963, Buildings have Copper, Breakers and are always rented. Great Unit Mix - Mostly 2 Bedrooms. Drive by only.

Lot Info:
Sq Ft: 26998
Acres: n/a

Listing courtesy of: Real Estate Solutions -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: July 4, 2009

Information is believed to be reliable, but not guaranteed.





http://www.longbeachrealestatehome.com/009189
Posted on May 02, 2008 22:57:45 by Laurie Manny
digg me Reddit newsvine del.icio.us Technorati Stumble Upon Toolbar
Laurie Manny Email Send feedback »

No comment yet...

Comment on this article
Poor Excellent
  Line breaks become <br />


  Remember me


  Allow users to contact you through a message form.
Captcha image.

Please enter the characters from the image above. (case insensitive)

This post has no comments awaiting moderation.

 

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.