Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

Welcome to the vibrant Downtown Area and Alamitos Beach in Long Beach, California, where coastal charm meets urban sophistication. This dynamic region is not only a hub for entertainment, dining, and culture, but it also offers a unique opportunity for homebuyers seeking multi-family properties.

Downtown Long Beach is a bustling metropolis filled with trendy cafes, eclectic shops, and cultural landmarks. From the iconic Long Beach Convention Center to the picturesque Shoreline Village, there’s always something to explore. The area is known for its lively arts scene, featuring galleries and theaters that host local performances and exhibitions. Whether you’re looking to enjoy a leisurely stroll along the waterfront or indulge in the vibrant nightlife, Downtown Long Beach has it all.

Just a stone's throw away is Alamitos Beach, a serene oasis that boasts stunning ocean views and a laid-back atmosphere. This coastal enclave is perfect for those who appreciate the beauty of sandy shores and gentle waves. The beach is a popular spot for sunbathing, beach volleyball, and evening bonfires, making it an ideal location for families and young professionals alike.

For investors and homeowners, the multi-family properties in this area present a fantastic opportunity. With a blend of modern apartments and charming bungalows, these homes cater to a diverse range of lifestyles. Owning a multi-family property not only allows for potential rental income but also provides the chance to be part of a vibrant community that thrives on connection and collaboration.

Discover the perfect blend of urban living and beachfront serenity in Downtown Long Beach and Alamitos Beach—your dream home awaits!

Newest Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

$1,550,000

SB26154402 MLS ⋅ Active Status

1073-1075 Hoffman Ave. presents a fabulous OWNER/USER and/or INVESTMENT opportunity in a great Long Beach rental market. The property consists of a large freestanding single-family home with a 2nd building in the back housing 4 apartment units. The property is legally 4 units, however there is a 5th 2 bedroom/1 bath unit in the back building that is legal but non-conforming; this was a storage unit prior to it being converted unit an apartment unit. The building is in great shape with new windows, newer roofs, extensively upgraded plumbing, and a concrete driveway. The net rentable square footage of the 5 units is approximately 3,462 square feet and the property sits on a 6,959 square foot lot.

1073 1075 Hoffman, Long Beach

$2,348,000

PW26150680 MLS ⋅ Active Status

Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach

$1,299,000

PW26139832 MLS ⋅ Active Status

Offered for sale, 1404 Alamitos Avenue is a 2,284 SF freestanding commercial building situated on a 5,532 SF fenced and paved lot in the heart of Long Beach. This versatile property includes a separate garage structure within a secured yard, providing valuable storage, parking, or operational space for a wide range of business types. The building’s layout supports contractors, service businesses, light industrial trades, creative users, and neighborhood serving commercial operators. The fully fenced lot offers controlled access, secure parking, and the ability to accommodate vehicles, equipment, or outdoor storage—an increasingly rare feature in the Long Beach market. With MFR-M zoning, the property provides flexibility for both commercial and residential adjacent uses, making it attractive to owner users, small business buyers, and investors seeking a functional, well-located asset. Its central position offers quick access to Downtown Long Beach, Anaheim Street, Pacific Coast Highway, and major north south corridors.

1404 Alamitos, Long Beach

$1,850,000

DW26015025 MLS ⋅ Active Status

Great income at 9% cap rate! Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

833 Cedar, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.