North Long Beach (7) Homes with Mixed Use Subtype

North Long Beach (7) Homes with Mixed Use Subtype

Welcome to North Long Beach, a vibrant and diverse neighborhood nestled in the heart of Long Beach, California. This charming area is a hidden gem within Los Angeles County, known for its rich cultural tapestry, friendly community atmosphere, and an array of amenities that cater to all lifestyles.

North Long Beach boasts a unique blend of residential and commercial spaces, making it an ideal location for those seeking homes with a mixed-use subtype. These properties offer the perfect fusion of living and working environments, allowing residents to enjoy the convenience of having shops, restaurants, and services just a stone's throw away from their front door. Imagine stepping out for a morning coffee or a quick bite without the hassle of a long commute!

The neighborhood is characterized by its tree-lined streets, inviting parks, and a welcoming community spirit. Residents of North Long Beach take pride in their local culture, with various events and activities throughout the year that celebrate the area's diversity. From farmers' markets to street fairs, there's always something happening to bring neighbors together.

For families, North Long Beach offers a range of educational options, including well-regarded schools and community programs that foster growth and learning. The area's accessibility to major highways and public transportation makes commuting a breeze, whether you're heading to downtown Long Beach or exploring the greater Los Angeles area.

With its charming homes, thriving local businesses, and a strong sense of community, North Long Beach is not just a place to live—it's a place to thrive. Discover your dream home in this dynamic neighborhood today!

Newest North Long Beach (7) Homes with Mixed Use Subtype

$1,695,000
PW26138649 MLS Active Under Contract Status
245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability.

245 E Artesia, 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.