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 -

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CHESTNUT Avenue
Long Beach, CA 90806

Price: $1290000

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MLS ID: S601898
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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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North ALMOND Court
Long Beach, CA 90813

Price: $489000

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MLS ID: P718238
Property Type: Residential Income
Status: Active

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 1500 per month. Needs exteriro work but interiors are well maintained. Excellent Investment for both long and short term.

Lot Info:
Sq Ft: 4247
Acres: n/a

Listing courtesy of: Pentimento Properties, Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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North BANNER Drive
Long Beach, CA 90807

Price: $1000000

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

Beds: 0     Baths: 0     Sq Ft: 5204

Agent Remarks:
This Building has been completely remodeled. Park like courtyard!! Units have new cabinets, Granite counter tops, tiled floors in kitchen and bathrooms. 2 Stacked laundry units included. 3- 2car garages with automatic doors. 4 storage units included. This build to be sold with neighboring building 4517 banner. Other building has same amenities! 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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LIME Avenue
Long Beach, CA 90806

Price: $499900

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MLS ID: P720738
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2977

Agent Remarks:
REGULAR SALE, THIS IS A FANTASTIC INVESTMENT OPPORTUNITY FOR A FIRST TIME INVESTOR OR A SEASONED INVESTOR. NO RENT CONTROL, THERE ARE TWO BUILDINGS, THE BACK BUILDING HAS 1 UNIT OF 2BR/1BA WITH 2 CAR PARKING SPACE, THE FRONT BUILDING HAS 4 UNITS OF 1BR/1BA. LAUNDRY ROOM ON SITE.

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

Listing courtesy of: Coldwell Banker Dynasty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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LINDEN Avenue
Long Beach, CA 90805

Price: $4400000

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MLS ID: P719253
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 33996

Agent Remarks:
The Linden Terrace Apartments are two side by side, garden-style apartment buildings. The property cash flows extremely well and offers an investor the opportunity to purchase a quality asset that will immediately cash flow. The property offers garages, a pool, securitized entrance, and backs to a residential neighborhood. A buyer will have the ability to sell them off individually in the future as well, as the property is a 24 unit building next to a 26 unit building.

Lot Info:
Sq Ft: 38093
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East MARKET Street
Long Beach, CA 90805

Price: $530000

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MLS ID: S609400
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3756

Agent Remarks:
$200k lower than next door!!! All 2-bedroom units built in 1987 with hand picked tenants by owner-manager! At $106k per door?!?! No SS/REO banks to deal with. 4 units have been rehabbed with tile flooring in the living areas/carpet in the bedrooms, new kitchen cabinets, bathrooms, etc. All 4 upstairs units have a private balcony. Tenants pay their own utilities, including water heaters, so expenses are low for the owner. Several long term tenants with upside in rents. Property has good visibility and is close to small businesses for quick turnovers. Property is transferred with laundry equipment-you get to keep all the laundry income! The 8 parking spaces are 4 tandem spots (see pictures). Market rents and Actual expenses used for GRM/Cap, Actual rents also shown below. Actual expenses also shown below.

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

Listing courtesy of: Century 21 Beachside Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CEDAR Avenue
Long Beach, CA 90806

Price: $1150000

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MLS ID: F1833296
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9501

Agent Remarks:
Well maintained 16 unit building in Wrigley Area with great income & low maintenance grounds. I5 singles and one 1 bedroom unit. Call listing office for more details.

Lot Info:
Sq Ft: 6538
Acres: n/a

Listing courtesy of: Prudential Calif.Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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ELM Avenue
Long Beach, CA 90806

Price: $535000

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MLS ID: R1000590
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2988

Agent Remarks:

Lot Info:
Sq Ft: 6098
Acres: n/a

Listing courtesy of: Homequest Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CEDAR Avenue
Long Beach, CA 90813

Price: $1595000

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MLS ID: P702768
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 10324

Agent Remarks:
GOOD 14 UNITS COMPLEX INVESTMENT. 2 BUILGDING SIDE BY SIDE.....10 UNITS ARE 1BR/1BA AND 4 UNITS 2BR/1BA,6 CARS GARAGE AND 4 PARKING SPACE ALL RENTED. LAUNDRY ROOM WITH EQUIPMENT OWNED BY SELLER ADD ANOTHER 400-500 DOLLARS A MONTH INCOME....ALL SEPARATE METERS.... EXCELLENT 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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West BORT Street
Long Beach, CA 90805

Price: $549000

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East 15TH Street
Long Beach, CA 90804

Price: $599000

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MLS ID: P716150
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2052

Agent Remarks:
5 UNITS, 2-1 BED, 3 SINGLES, 3 GARAGES

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

Listing courtesy of: Red Carpet Coastal Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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WALNUT Avenue
Long Beach, CA 90813

Price: $1050000

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

Beds: 0     Baths: 0     Sq Ft: 6876

Agent Remarks:
*****Price Reduction ***** 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CHESTNUT Avenue
Long Beach, CA 90813

Price: $600000

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

Beds: 0     Baths: 0     Sq Ft: 5298

Agent Remarks:
What a great price!!! Seller just remodeled units and roof. 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: ZipRealty,Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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JUNIPERO Avenue
Long Beach, CA 90814

Price: $1200000

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MLS ID: P663285
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 6160

Agent Remarks:
Corner Location facing S/E School across street copper plumbing 5 garages 5 offstreet parking in front 8-1brs large and 2-2bra Hip Roof Building has been at 100% full over last three years. Long term tenants

Lot Info:
Sq Ft: 6168
Acres: n/a

Listing courtesy of: Pacific Coast Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East 10TH Street
Long Beach, CA 90813

Price: $625000

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MLS ID: P723837
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4672

Agent Remarks:
Pre-Foreclosure! The property is a six-unit two-story apartment building constructed in 1915 of wood frame and stucco. The unit mix consists of two single/one-bath units, two one-bedroom/one-bath units, one three bedroom/one-and-a-half bath unit, one four bedroom/one-bathroom unit and two garages. 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 are very few investment opportunities priced attractively in Long Beach. The property is currently in pre-foreclosure. The notice of default was filed on December 7, 2009 and the seller must sell this property!

Lot Info:
Sq Ft: 5397
Acres: n/a

Listing courtesy of: Steven M. Bogoyevac, Broker -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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GUNDRY Avenue
Long Beach, CA 90805

Price: $1499999

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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.

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

Listing courtesy of: Infinity Real Estate Group -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CORONADO Avenue
Long Beach, CA 90804

Price: $2150000

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MLS ID: P723300
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 11376

Agent Remarks:
18-unit apartment complex in great area of Long Beach. 16 units with 1 bed/1 bath & 2 units with 2 bed/1 bath. Enclosed garages.

Lot Info:
Sq Ft: 18748
Acres: n/a

Listing courtesy of: Dupont Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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 and the units are presently vacant, ready for immediate occupancy. 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 projected 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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West CEDAR Avenue
Long Beach, CA 90806

Price: $939900

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MLS ID: P713636
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7226

Agent Remarks:
This is the best value 10-unit building in Wrigley! Outstanding condition, well-maintained. The balcony style building overlooks a courtyard with wrought-iron, self-closing gates to alley and trash area. Motion detector lighting surround exterior, and soffit lighting on timers. All six garages (2 off Cedar and 4 off alley)have roll-up style doors. There are nine 1-bedroom/1 bath units and one upper 2-bedroom/1-1/2 bath unit. Five units contain a stove and refrigerator, 5 units have stove only. All kitchens and bathrooms have ceramic tile flooring and some units have beautifully refinished hardwood flooring. The laundry facilities are spacious with a new 199,000 BTU hot water heater and folding table. Exterior has been completely repaired and repainted in 2009. Brand new mailboxes installed. The 30-yr roof is approx. 7 yrs old. There is upside to rent and currently 100% occupied!

Lot Info:
Sq Ft: 6373
Acres: n/a

Listing courtesy of: Coldwell Banker Star Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CHESTNUT Avenue
Long Beach, CA 90806

Price: $670000

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MLS ID: S09071804
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Assumable 1St T.D. with 20% Down Payment / Owner Will Carry 2Nd / Under $85,000 Per Unit / 6 Open Parking Spaces / On-Site Laundry Facility for Additional Income

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

Listing courtesy of: Re/Max Beach Cities Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East 17TH Street
Long Beach, CA 90813

Price: $998000

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MLS ID: W10018605
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
New price with a HUGE REDUCTION!!! 8.25% Cap Rate 12 Unit Garden Style Property in a great rental area of Long Beach. The property is conveniently located just two blocks from Long Beach City College and features two 3/1 units, three 2/1 units and seven 1/1 units. No rent control, stable tenant profile and easy management makes this a solid investment with significant upside potential.

Lot Info:
Sq Ft: 7802
Acres: n/a

Listing courtesy of: LOTUS PROPERTY SERVICES,INC. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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Long Beach, CA 90805

Price: $685000

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MLS ID: P709912
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3893

Agent Remarks:
2 Houses 2Bedrooms 1 Bathroom each with with own back yard, 3 units 1B/1bath and one single, Laundry room, Good income propert, owner can live in one and rents other, verey cleane close to 710,91 and 405 Fwy,

Lot Info:
Sq Ft: 6652
Acres: n/a

Listing courtesy of: Coldwell Banker Allstars -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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GAVIOTA Avenue
Long Beach, CA 90813

Price: $1000000

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East FLORIDA Street
Long Beach, CA 90802

Price: $695000

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MLS ID: S10004860
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Incredible investment opportunity awaits!! Five 1 bedroom/1 bathroom units complete with 1 car garages, most units have new windows, copper plumbing, new roof, new stucco, gated courtyard, and many more!!

Lot Info:
Sq Ft: 6595
Acres: n/a

Listing courtesy of: Re/Max Beach Cities Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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PACIFIC
Long Beach, CA 90806

Price: $1100000

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MLS ID: P714573
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6860

Agent Remarks:
The front of the building says 1915. This is a well run 11 unit secured complex with garages. 2-3 Bedroom 1 Baths, 5- 2 Bedroom 1 Baths, and 4- 1 Bedroom 1 Baths. Current Income- 3's are $1125, and $875. The 2's are $975, $925, $750 and $750 and $650. The 1's are $795, $725, $695 and $650. Garages are $50 each. Total income right now is $109,380 anuually. Separate electric, separate gas and even separate water heaters.

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

Listing courtesy of: Broadmoor Realty Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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REDONDO Avenue
Long Beach, CA 90804

Price: $699000

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CEDAR Avenue
Long Beach, CA 90813

Price: $1199000

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MLS ID: S09014570
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
3.5% COMMISSION!! PRICE REDUCED!! Excellent CASH FLOW!! ONLY 8.55 X G.R.M. ON EXISTING RENTS AND 8.18 X G.R.M. ON PROJECTED RENTS!! NO RENT CONTROL! Clean, Freshly Painted 14 unit building across from Washington Middle School. Fully rented. Only $85K per unit. 12 studios and 2 one-bedrooms. Most units renovated. EXISTING ASSUMABLE LOAN of 783K at 5.25% with a payment of $4563! This property cash flows beautifully! Reliable On-site Manager.

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

Listing courtesy of: The Real Estate Group -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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GARDENIA Avenue
Long Beach, CA 90813

Price: $699999

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MLS ID: S10002168
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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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West 14TH Street
Long Beach, CA 90813

Price: $1225000

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MLS ID: P724612
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7976

Agent Remarks:
The 14th Street Apartments, built in 1987 consists of all two bedroom and one bathroom units. Amenities include laundry, dishwashers, balconies, garages, new interior paint, new carpet and flooring, new kitchens and bathrooms, new counter tops, new stoves, new washers and dryers. This building is a potential condo conversion project.

Lot Info:
Sq Ft: 6969
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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DAISY Avenue
Long Beach, CA 90806

Price: $710000

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MLS ID: P720711
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4091

Agent Remarks:
Six one bedrooms in good condition. Exterior recently painted. Strong tenant base. Regular sale. All SFR on Block with the exception of this property. Great neighborhood. Parklike setting

Lot Info:
Sq Ft: 10950
Acres: n/a

Listing courtesy of: Appleby Real Estate Brokerage -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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HAMMOND Avenue
Long Beach, CA 90805

Price: $1395000

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MLS ID: S591030
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7573

Agent Remarks:
Newer Construction...This 1987 building is separately metered for gas and electric. 70% of the units are 2 bedroom + 2 baths. There is an on-site laundry facility along with security gates for both walk-thru and parking entrances. rental upside.

Lot Info:
Sq Ft: 8237
Acres: n/a

Listing courtesy of: Alliance Investment R.E., Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East DEL AMO Boulevard
Long Beach, CA 90805

Price: $725000

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MLS ID: S609035
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4048

Agent Remarks:
Lowest Price per door in the area with 7%+ Cap!!! Equity sale with motivated seller. No SS/REO banks to deal with!!! 8-units in great condition in desirable Bixby area of Long Beach. Private parking lot includes 10 spaces on a 10,000+ SqFt lot. All bottom units have private enclosed patios and Unit D has a full-sized private yard. Property is 100% occupied with close-to-market rents and no deferred maintenance. All one bedroom units pay their own utilities, keeping expenses low for the owner. CAP and GRM are based on ACTUAL income. Market rents are also shown below ($850/unit). Newer exterior paint, roof and new finish on 2nd floor deck. Water/Sewer expense below includes LB utility bill; water, sewer, trash, gas, etc.

Lot Info:
Sq Ft: 10467
Acres: n/a

Listing courtesy of: Century 21 Beachside Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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,$850, $850,$850, $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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East MARKET Street
Long Beach, CA 90805

Price: $730000

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MLS ID: P718632
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3844

Agent Remarks:
Great Investment Property. This building built in 1987; sharp newer cape code type building with brick fascia shows curb appeal. 8 tanden parkings underneath building. Community Laundry. 3 out of the 5 units have been totally renovated. Located in a high demand rental area. Upside in rent. Easy access to 710 fwy. Closed to shopping centers. Motivated sellers. Submit all offers.

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

Listing courtesy of: DK Property Investment -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East 2ND Street
Long Beach, CA 90802

Price: $1699000

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MLS ID: P710131
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8497

Agent Remarks:
OWNER WILL CONSIDER WRAPPING EXHISTING LOAN OR CARRYING SOME PAPER! ... Property is a gorgeous Spanish 8-unit just two blocks from the beach. Great mix includes 5 x 2 bdrm/ 1 ba units and 3 x 1 bdrm/ 1 ba units + 5 single car garages. Hardwood floors, upgraded kitchens, original molding, beautiful landscaping, and more. Property is subject to inspection, please drive by only. Tenants unware of sale. NOTE: OWENER WILLING TO BE CREATIVE WITH FINANCING.

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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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MAINE Avenue
Long Beach, CA 90813

Price: $740000

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MLS ID: P725666
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5386

Agent Remarks:
8 UNITS IN HISTORIC DRAKE PARK: 2-Story Spanish Style Building in front is 1-3Bdr/1.5Bath, 2-2Bdr/1Bath, and 4-1Bdr/1Bath Units. Rear 3-Bdr/1Bath House and Detached 3-Garages With Large Laundry Room. Individual Gas and Electric Meters. Excellent Mix. Tandem Parking Spaces (Buyer to Investigate uncovered parking spaces). PUBLIC RECORDS SHOW FRONT BUILDING BUILT IN 1929 AND REAR HOUSE BUILT IN 1907, BUYER TO INVESTIGATE.

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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East BROADWAY
Long Beach, CA 90802

Price: $749000

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MLS ID: P724889
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5658

Agent Remarks:
RARE NO QUALIFY OPPORTUNITY FOR 8 UNIT APARTMENT BUILDING PRICED TO SELL with 'Land Contract, or Subject To existing loan contract'--call Larry to explain: Stucco 8-1 bedroom/one bath units built in 1948 on 3598 s.f. lot per tax assessor (4 units on each level) with coin laundry room on 3rd level with Dadson contract. No off street parking with the 8 gas and 8 electric meters for all units in the back of building. Good Broadway location for tenants. See Realtor Information.

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

Listing courtesy of: LB Brokerage, Inc -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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SANTA FE Avenue
Long Beach, CA 90810

Price: $750000

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MLS ID: P699204
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3520

Agent Remarks:
VERY NICE INCOME PROPERTY. ALL 2BEDROOMS & 1BATH. GOOD CONDITION, WONDERFUL TENANTS. HARDLY VACANT. SECURITY GATE IN FRONT AND BACK. PARKING SPACES ARE AT BACK OF BUILDING OFF ALLEY AND ON STREETS. CLOSE TO SCHOOLS, SHOPPING, BUS STOP AND EASY ACCESS TO FREEWAYS 405 & 710.

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

Listing courtesy of: Mai Realty Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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OLIVE Avenue
Long Beach, CA 90802

Price: $975000

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MLS ID: P720363
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7497

Agent Remarks:
One Duplex and four casitas in very desireable area. Close to downtown Long Beach for easy shopping for all your needs and entertainment. Units are separately metered, have cooper plumbing, new kitchen cabinets, tiled floor and shower baths finished in lightly textured, faux finish. Two front units equipped for washer/dryer hook-ups. Units totally remodeled in 2008/2009. Large courtyard between duplex and four units.

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

Listing courtesy of: Century 21 Beachside -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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West BURNETT Street
Long Beach, CA 90806

Price: $775000

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MLS ID: P687611
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 4403

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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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ATLANTIC Avenue
Long Beach, CA 90813

Price: $990000

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MLS ID: P710291
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 8547

Agent Remarks:
Very nice property in a very nice area. One Two bedroom Apartment and Nine One Bedroom Apartments, plus garages.

Lot Info:
Sq Ft: 8237
Acres: n/a

Listing courtesy of: Broadmoor Realty Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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West 9TH Street
Long Beach, CA 90813

Price: $775000

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MLS ID: P708599
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 6713

Agent Remarks:
THREE SEPARATE BUILDINGS. 417, 419, 421, and 423 (front building) are 2 bedroom/1 bath units, all have utility rooms in rear and hardwood floors. All 4 bathrooms have been updated with new tubs and tile. 423A and 423 B, are 3 bedrooms/1 bath units, one upstairs and one downstairs. They have hardwood floors and updated kitchens and bathrooms 423C and 423 D are 1 bedroom/1 bath units. The building has 5 garages at ground level. Laundry room is attached to the garages and services all units on the premises. A basement at 417 W. 9th serves as storage. The property fully serviced with automatic sprinklers. Each building has its own water heater servicing the tenants in that building.

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

Listing courtesy of: Belmont Brokerage & Mgmt. INC. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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North BANNER Drive
Long Beach, CA 90807

Price: $1000000

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

Beds: 0     Baths: 0     Sq Ft: 5204

Agent Remarks:
This Building has been completely remodeled. Park like courtyard!! Units have new cabinets, Granite counter tops, tiled floors in kitchen and bathrooms. 2 Stacked laundry units included. 3- 2car garages with automatic doors. 4 storage units included. This build to be sold with neighboring building 4517 banner. Other building has same amenities! 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CHERRY Avenue
Long Beach, CA 90813

Price: $793000

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MLS ID: P711829
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5540

Agent Remarks:
The Cherry Avenue Apartments, built in 1928 consits of (4) one bedroom/one bathroom units and (4) two bedroom/one bathroom units. Amenities include laundry, courtyard, gated entrance, and separately metered for electricity & gas. Property also has (3) single car garages and (1) double car garage.

Lot Info:
Sq Ft: 8500
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East SPRING Street
Long Beach, CA 90806

Price: $1000000

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MLS ID: C10015558
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
The Spring Street Apartments features an attractive unit mix, including five one-bedroom/one-bath units (approximately 540 square feet) and four two-bedroom/one-bath units (approximately 800 square feet). The building exterior was recently painted and the common area landscaping was recently replaced. In addition, most of the units have been renovated, providing an investor with a clean turn-key investment in a strong rental area. *Location Note: Thisis in North Wrigley area.

Lot Info:
Sq Ft: 7950
Acres: n/a

Listing courtesy of: MARCUS & MILLICHAP -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CEDAR Avenue
Long Beach, CA 90813

Price: $1030000

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MLS ID: H09023464
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
NEAT & CLEAN 11 UNITS APARTMENT WITH GOOD MANAGEMENT. CLOSE TO PARK, SHOPPING CENTER, AND PACIFIC COAST HIGHWAY AND I 710. NO DEFERRED MAINTENANCE. JUST REMODELED 8 BATHROOMS. LONG TERM TENANTS, ALL MONTH TO MONTH. 1 WATER METER, 11 POWER AND GAS METERS. PROPERTY TAX IS BASED ON NEW PROPERTY VALUE.CURRENT ANNUAL INCOME $104,340 PLUS POTENTIAL LAUNDRY INCOME. Very Motivated Seller.

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

Listing courtesy of: ReMax 2000 Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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ORANGE Avenue
Long Beach, CA 90802

Price: $1075000

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MLS ID: P716394
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 6669

Agent Remarks:
Sorry clerical error listing did not expire.

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

Listing courtesy of: Thomas Waite Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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ORIZABA Avenue
Long Beach, CA 90814

Price: $835000

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MLS ID: P720137
Property Type: Residential Income
Status: Pending

Beds: 0     Baths: 0     Sq Ft: 4944

Agent Remarks:
GREAT 6 UNIT BUILDING-4 GARAGES AND RENTS LOW. LAUNDRY ON SITE. SOLD 'AS IS' SUBJECT TO A NOTICE OF PROPOSED ACTION.

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

Listing courtesy of: Beach Equities -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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MAGNOLIA Avenue
Long Beach, CA 90806

Price: $1125900

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MLS ID: P700520
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8162

Agent Remarks:
EXCELLENT WRIGLEY TWELVE UNIT CORNER BUILDING. EACH UNIT IS SEPARATELY METERED FOR GAS AND ELECTRICITY. 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CHESTNUT Avenue
Long Beach, CA 90813

Price: $840000

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MLS ID: F1813412
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4032

Agent Remarks:
Great 6-Unit building in Long Beach with bread and butter units, In the front building there are two 3 beds 1 bath and two 2 beds 1 bath. There are two Studios also in a seperate building over the garage creating two buildings with a nice courtyard in the middle. and Garage parking off the alley in the back. Nice size lot and possible space for more units, buyer to verify.

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

Listing courtesy of: Keller Williams Encino-Sherman Oaks -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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OBISPO Avenue
Long Beach, CA 90804

Price: $1189000

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MLS ID: S09118068
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Rare opportunity to own this well-maintained classic Spanish beauty with 12 foot ceilings and hardwood floors. Five large 2 Bed/1 Bath apartments on a 6,500 sq ft landscaped lot. Includes a 4 car garage, on-site storage, and plenty of street parking. Part of Rose Hills Historic District. Close to everything and just 8 blocks to the beach. Many upgrades and improvements. Coin-operated laundry included with property. Roof inspection done in November 2007 - roof is asphalt roll. Fumigation in October 2009. New heaters in each unit, new washers and dryers, and remodeled unit A (owner's unit). Solid financials. Plumbing is copper and galvanized pipe. Electrical wiring is copper with breakers in main panel and fuses in each unit's sub-panel.

Lot Info:
Sq Ft: 6495
Acres: n/a

Listing courtesy of: Northwest Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East APPLETON Street
Long Beach, CA 90802

Price: $849000

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MLS ID: P721781
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5544

Agent Remarks:
Great assumable 1st fixed at 6.25% until 11/2013 then 2.3% over the 12 mat. Better yet seller will wrap with decent down and save all the fees and close fast. Very nice property in great location. Nice size units most with original mouldings etc. Turn of the century craftsmanship. New roof 2007 and new water heater 2008. Laundry equipment owned by building. Water, sewer, gas expenses listed in bulk under water expense.

Lot Info:
Sq Ft: 4121
Acres: n/a

Listing courtesy of: Buckingham Investments -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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LOCUST Avenue
Long Beach, CA 90813

Price: $849999

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

Beds: 0     Baths: 0     Sq Ft: 4440

Agent Remarks:
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 9.8x 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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MAINE Avenue
Long Beach, CA 90813

Price: $1225000

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MLS ID: P724242
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6474

Agent Remarks:
The Maine Avenue Apartments, built in 1922, consists of (12) Studios, (2) 1BR/1BA Units and (2) 2BR/1BA Units. This property has been completely rehabbed inside and out and is 100% occupied. The building offers copper plumbing, individual gas and electricity metering, tile showers and floors, new exterior paint, remodeled units, and garages.

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

Listing courtesy of: Morgan Skenderian -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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PARK Avenue
Long Beach, CA 90815

Price: $862500

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MLS ID: P717319
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3842

Agent Remarks:
Are your clients looking for a great Investment? This is a terrific income property with one house and four two bedroom one bath units in Long Beach. Several of the units have upgraded kitchens! Great location with traffic circle proximity, easy freeway access, walking to shops and restaurants as well as close location to CSULB. Property has a beautiful common patio and side yard area. A great 1031 Exchange... Please note: The front unit is a free standing house built in 1949 with address 1711 Park Avenue. The back unit is a 4 unit apartment building built in 1960 with address 1713 Park Avenue.

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

Listing courtesy of: Keller Williams Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

SAINT LOUIS Avenue
Long Beach, CA 90804

Price: $1287000

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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.9.28 times gross.7.96% actual Cap rate. Using 30% down payment w/6.00 fixed rate / amortized 30 yrs/debt payment using 24.8% actual expenses... the cash on cash return is approx 9.7% .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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

OBISPO Avenue
Long Beach, CA 90804

Price: $1395000

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

Beds: 0     Baths: 0     Sq Ft: 6170

Agent Remarks:
EXCELLENT LOCATION. UPSIDE ON RENTS- ALL COULD EASILY BE @ $1300 NEW PAINT. Look at this one before you purchase ANY 1980's building in Long Beach!! Nice 8 Unit all 2 bedroom 2 bath units with balconies. Individual gas and Elec meters.Individual water heaters. 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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

OLIVE Avenue
Long Beach, CA 90806

Price: $874999

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MLS ID: R904344
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4556

Agent Remarks:
Nice investment property, consist of 10 units. 6 units are 1 bedroom, one bath each and 4 single, Fully occupied.

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

Listing courtesy of: Prudential California Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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East 1ST Street
Long Beach, CA 90802

Price: $1449000

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MLS ID: P696149
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4971

Agent Remarks:
Gorgeous 5 unit income property in EXCELLENT condition, just steps from Ocean. This lovely property is perfectly set up for an owner occupant with tremendous income generated by the 4 (COUNT EM) four additional rental units in the rear. 'CONDO CONVERTIBLE' with 5 individual garages, each with 2 parking spaces (ten total). All rents are ACTUAL!

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

Listing courtesy of: Keller Williams Coastal Prop. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

East PACIFIC COAST Highway
Long Beach, CA 90804

Price: $875000

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MLS ID: P709464
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2971

Agent Remarks:
Trophy Property! 5 Unit building 100% leased. 4 (1) bedrooms units, and 2 bedroom with on-site parking. Please drive by only, do not disturb tenants they are unaware of sale. Financial information is actual.

Lot Info:
Sq Ft: 4069
Acres: n/a

Listing courtesy of: Accrued Financial Services -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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CHESTNUT Avenue
Long Beach, CA 90813

Price: $1500000

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MLS ID: P723384
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9484

Agent Remarks:
16-unit apartment complex in great rental area of Long Beach. All 1 bed/1 bath. Electrical upgrades, plumbing upgrades, several units have kitchen and bathroom remodeled. Flat roof, separate metered gas & electrical. Low maintenance.

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

Listing courtesy of: Dupont Realty -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

JUNIPERO Avenue
Long Beach, CA 90804

Price: $875000

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

PINE Avenue
Long Beach, CA 90813

Price: $1575000

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MLS ID: S09119830
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 and vertical blinds

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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

LONG BEACH Boulevard
Long Beach, CA 90806

Price: $895000

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MLS ID: P721682
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5792

Agent Remarks:
7.8 TIMES GSI AT MARKET RENTS! NO RENT CONTROL.Great building in excellent rental area. Excellent unit mix. ONLY 74,580 PER UNIT!! and BIG UPSIDE ON RENTS. (3) 2 bedroom units (5) 1 bedroom units and (4) studio units. Security gated building. Close to Blue Line. Close to all services including medical and restaurants. NO RENT CONTROL. laundry room for extra income.

Lot Info:
Sq Ft: 6098
Acres: n/a

Listing courtesy of: P.R.S. Properties -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

JUNIPERO Avenue
Long Beach, CA 90804

Price: $1600000

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MLS ID: S09101441
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
Note: Seller is willing to carry a 75% LTV note Ideal investment with tremendous upside and owner financing. The perfect value add asset in one of the most densely populated region of southern CA. 1527 Junipero is located a few blocks south of the affluent signal hill pocket of Long Beach. The property is partially copper plumbed and has fairly new roof that is in good shape. It is also separately metered for electricity and has two washers and dryers on site. This is an asset with tremendous upside with rents extremely lower than even today~s market with some units rented for as low as $450. The city of Long Beach (as the rest of southern CA market) has experienced a minor haircut in rents and slight rise in vacancy due to reverse migration of workers. However, it is also the very submarket that is expected to benefit most from the job creation that will take place during the economy turn around.

Lot Info:
Sq Ft: 12746
Acres: n/a

Listing courtesy of: A-Squared Property Inc. -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

LOCUST Avenue
Long Beach, CA 90806

Price: $895000

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MLS ID: P722838
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5838

Agent Remarks:
Absolutely Beautiful Mid Century style 8 unit located in a strong rental area of Wrigley. All units have been carefully upgraded with refinished original hardwood floors, new santa fe tile in kitchens and dining rooms, beautiful original 50's tile in baths, recent interior paint, new ceiling fans etc. Also over 20k recent plumbing upgrade. This is a corner location on an over 6,000 sq ft lot and over 5,800 sq ft of building, with 6 full size garages and on-site laundry. Separate gas and electric meters.

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

Listing courtesy of: Main Street Realtors -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

FREEMAN Avenue
Long Beach, CA 90804

Price: $1909900

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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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

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EARL Avenue
Long Beach, CA 90806

Price: $899000

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MLS ID: S596610
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5490

Agent Remarks:
Only 8.39 x gross and 9.16% cap rate on existing rents and expenses. Cash flow approx. $2,822 monthly with 25% down. Approx. 15% cash on cash return. See cash flow analysis in Media. Built in 1987 to condo specifications. Fully occupied. Four 2 br. 1.5 ba. and four 1 br. 1 ba. units. Three story security building with first floor parking garage with 16 parking spaces. Located in nice area of Wrigley in area with mix of single family homes and small apt. buildings. No deferred maintenance. Owner has recently spent approx. $40,000 on new roof, new exterior paint, etc. All bad wood has been replaced and termite work has been completed. Some units have new carpet, flooring and interior paint. Income producing laundry room (currently non-operational, could add additional $300 month income). Income and expenses shown are ACTUAL. Current 1st TD of $580,045 at 6.02% with Chase is assumable. May be possible to purchase with just 20% down. See Loan Quote in Media.

Lot Info:
Sq Ft: 5401
Acres: n/a

Listing courtesy of: RealtyOneGroup -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

ELM Avenue
Long Beach, CA 90806

Price: $2250000

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MLS ID: S09119867
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: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More


Long Beach, CA 90803

Price: $899500

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MLS ID: S593066
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3592

Agent Remarks:
Spanish Style - One bedroom each 4-plex and an additional one bedroom unit over the two car garages.! Walking distance to Belmont pier, beaches, bike path and the restaurants of second street. The electrical has been updated to circuit breakers in the past. Great rental history. This buildng is in a wonderful, quiet loction with little through traffic. Easy to rent and maintain! Income of over $61,900 per year. 2 garages are rented for $85. each. Washer dryer approx $360. per year income.

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

Listing courtesy of: Altera Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More


Long Beach, CA 90808

Price: $2400000

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MLS ID: P718535
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12776

Agent Remarks:
14 two bedroom/one bath apts in exclusive Lakewood Village. Units have own water heaters and two have fireplaces. Property is on over a half acre and there are 14 detached garages.

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

Listing courtesy of: Pabst, Kinney & Associates -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

LONG BEACH Boulevard
Long Beach, CA 90813

Price: $899900

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MLS ID: S602865
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: n/a

Agent Remarks:
2stores+4apts up,2 commercial units on first floor,$1300 each one of them is contract to 2010 and then the rent will change to $1600,aprtment rebuilt 1990, apt rents 1100-1300 dollars total monthly $7200

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

Listing courtesy of: Best California Real Estate -- source: Income Property For Sale in Long Beach California-5+ Units -- last update: March 17, 2010

Information is believed to be reliable, but not guaranteed.



Long Beach -

Address: Read More

XIMENO Avenue
Long Beach, CA 90814

Price: $16900000

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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: March 17, 2010

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
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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.