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$575,000
1 Beds 1 Baths PV26066887 MLS Active Status
Welcome to the heart of downtown Long Beach—this penthouse condo has been thoughtfully elevated throughout. Enter through the skylit lounge into an open, airy layout with high ceilings, dark laminate wood floors, and floor-to-ceiling sliders that fill the living space with natural light. The open-concept kitchen blends warm and industrial design with black variegated tile, under-cabinet lighting, quartz countertops, and stainless steel appliances. The living room centers around a plastered fireplace with concrete feel, and opens to a spacious corner patio with vibrant city views that stretch all the way to the Palos Verdes Peninsula. Inside, you’ll find a spacious bedroom, with separate walk-in closet, in-unit laundry, and a full bathroom featuring a modern concrete vanity. Two dedicated parking spots in the subterranean, fully-secured parking garage add convenience. This home is walking distance to coffee shops, dining, shopping, entertainment, the Metro line, and a short drive to the beach and freeways. It's time to experience life at Newberry Lofts on Pine Ave!

433 Pine Unit 408, Long Beach

$415,000
1 Beds 1 Baths SB26067061 MLS Active Status
Price Improvement. Live within walking distance to Downtown, the Marina, and the ocean in this inviting one bedroom, one bath first floor residence This well-designed unit features a walk-in closet, a dedicated dining area, and a private patio overlooking tranquil interior fountains that create your own peaceful escape in the heart of the city. Enjoy the convenience of all appliances included, along with an in-unit washer and dryer. The secure building offers added peace of mind with security cameras and includes one assigned subterranean parking space. Community amenities include a rooftop pool and spa with stunning panoramic views, as well as a recreation room with a gym. Ideally located just blocks from the marina, beach, The Pike, Convention Center, Downtown Pine Avenue, shopping, dining, and a large nearby park. Easy access to major freeways makes commuting simple. Location, lifestyle, and value...all in one.

535 Magnolia Unit 113, Long Beach

$1,650,000
PW26065075 MLS Active Status
Introducing this exceptional 9-unit property located in the heart of vibrant Long Beach, CA. Positioned in one of Southern California’s most dynamic coastal markets, 617 W 3rd Street offers a compelling investment opportunity in the rapidly evolving Downtown Long Beach corridor. Just minutes from the waterfront, Pine Avenue, and the city’s major employment hubs, the property benefits from strong rental demand driven by both lifestyle and location. Long Beach continues to see sustained growth fueled by ongoing redevelopment, proximity to the ports, and accessibility to both Los Angeles and Orange County. The area attracts a diverse tenant base including young professionals, students, and long-term residents seeking an urban coastal environment with walkability and transit access. The property presents a rare opportunity for investors to capture both immediate income and future upside. The 9-unit asset consists of two 4-unit apartment-style buildings and one Craftsman single-family residence with a detached 2-car garage situated between them. Several units have been recently upgraded, and utility improvements have also been completed. The property is fully rented with a number of long-term tenants and operates at approximately a 7.33% cap rate, offering stable in-place income with additional upside potential.

617 West 3rd Street, Long Beach

$1,150,000
PW26065037 MLS Active Status
HUGE PRICE ADJUSTMENT, MOTIVATED SELLER. Presenting 1242 E. 7th Street, Long Beach, a 3-unit multifamily property with a non-conforming bonus unit offering four income streams in one of Long Beach's most accessible and desirable coastal-adjacent neighborhoods, located less than one mile from Alamitos Beach. The true headline here is the development upside: the property sits on a generous 8,022 SF lot zoned CNR, a flexible bonus-density designation that supports a higher-density mix of residential uses than standard zoning, with access to Long Beach's Enhanced Density Bonus program and significant ADU expansion potential via SB 1211, California's most aggressive multi-family ADU law, which allows one detached ADU for every primary unit on site. For ADU enthusiasts, this lot is a dream come true. The lot size, zoning, and garage footprint check every box for maximizing ADU potential under current California law, making this one of the most ADU-friendly opportunities to hit the Long Beach market. The five detached garages and private laundry room, newly constructed in 2003, further add to the long-term redevelopment potential and additional income opportunities. Combined, these tools create a credible path to dramatically increasing the unit count and long-term asset value. Built in 1911, the property retains its original Craftsman-era character, underwent a full electrical rewire in 2003, and has seen interior upgrades across the units over the years. With a Walk Score of 92 and Bike Score of 90, residents enjoy effortless access to Alamitos Beach, Belmont Shore, Retro Row, and Downtown Long Beach, all just minutes away.

1242 E 7th St, Long Beach

$719,000
2 Beds 2 Baths PW26060163 MLS Active Status
JUST REDUCED. Live life with fantastic ocean views from the HarborPlace Tower! This “two bedroom” condo has been expanded by opening up the secondary bedroom into the living room making it functionally more of a one bedroom condo with an optional second sleeping area that is not enclosed. This makes the home flow better and help accentuate the beautiful ocean views which you can see from every room and your private balcony. This great condo looks out to the ocean, sandy beach, Queen Mary, marina and Catalina Island. Perfect to the Grand Prix. Enjoy the central heat, A/C and ocean breezes. This unit was extensively remodeled in the past with custom kitchen, new refrigerator and built-in bar. There is a murphy bed carefully tucked away in the secondary bedroom that is extended off Livingroom. Both bathrooms were redone with large soaking tub in the primary. Plenty of storage with walk-in closet, custom made bookcase plus a utility work area next to full sized washer and dryer. There are two parking spaces that are tandem. Luxury community with concierge service, gym, community room, meeting rooms and an inviting pool and sauna area. Live near all the beach action, marina, bike path, entertainment, restaurants, Shoreline, The Pike and night life.

525 E Seaside Way Unit 807, Long Beach

$688,000
2 Beds 2 Baths PW26061367 MLS Active Status
Highly Motivated seller of this stunning, fully upgraded and move-in-ready condo in the vibrant heart of downtown Long Beach. Thoughtfully designed with modern elegance in mind, this home features brand-new California custom closets, sleek new flooring throughout, and beautifully renovated bathrooms with custom primary bathroom shower with 3 shower heads and a toto toilet and contemporary finishes. The kitchen is equipped with all-new appliances, new kitchen remodel with new cabinets and counter tops offering both style and functionality. Perfectly situated just moments from the coast, this home is within walking distance to the beach, the Aquarium of the Pacific, and the iconic Queen Mary. As an added bonus, enjoy the excitement of the annual LBGP Long Beach Grand Prix race in April. Also walking distance from many restaurants and right next door to the Performing Arts Center.

488 E Ocean Unit 1518, Long Beach

$289,000
1 Beds 1 Baths RS26058621 MLS Active Status
Located in the iconic Historic Willmore Building, this rare corner unit offers a unique blend of charm and urban convenience. Enjoy access to the building’s breathtaking lobby, solarium, and rooftop garden—perfect for relaxing or entertaining. This light-filled unit features a spacious separate bedroom, fresh paint, and updated fixtures, making it move-in ready. Take in fantastic city views from your own private retreat in the heart of downtown. Ideally situated within walking distance to the beach, shopping, and dining, and with easy access to the 710 and 405 freeways, this home is perfect for both comfortable living and investment potential. All utilities included in HOA payment, copper plumbing Don’t miss this exceptional opportunity to own a piece of downtown living—schedule your private showing today! Secured Parking available for additional monthly fee.

315 W 3rd Street Unit 410, Long Beach

$370,000
1 Beds 1 Baths PW26054442 MLS Active Status
BACK ON THE MARKET BUYER COULD'T PERFORM LOCATION-LOCATION-LOCATION! This well-maintained 1-bedroom, 1-bathroom condominium located in the heart of Downtown Long Beach’s vibrant Arts District. Situated on an upper level in a secure building with controlled entry and elevator access, this inviting residence offers both convenience and lifestyle. Inside, you'll find attractive laminate wood flooring throughout, creating a warm and modern feel. The upgraded bathroom adds a fresh, stylish touch, while the private balcony provides a perfect place to enjoy fresh coastal air or relax after a long day. This prime location offers incredible walkability. A grocery store sits directly across the street, and the beach, restaurants, cafés, boutiques, and entertainment venues are all just minutes away. Art lovers will appreciate being near the Museum of Latin American Art, a centerpiece of the neighborhood’s thriving cultural scene. Commuting is convenient with quick access to Shoreline Drive and the nearby Interstate 710, connecting you easily throughout Los Angeles County. Perfect for a first-time buyer, someone looking to downsize, or an investor, this centrally located condo offers the ideal combination of city energy, coastal lifestyle, and everyday convenience. A must-see opportunity in one of Long Beach’s most exciting and walkable neighborhoods.

615 Broadway Unit 205, Long Beach

$844,000
3 Beds 2 Baths DW26056031 MLS Active Status
Just steps away from your toes in the sand and the wind in your hair, this stunning beachfront condo offers the perfect blend of coastal living and everyday comfort. Featuring 3 bedrooms and 2 bathrooms, the open-concept floor plan is designed to maximize both space and the incredible ocean views. The inviting living room showcases a cozy fireplace and flows seamlessly into the dining area and kitchen, complete with an inviting breakfast bar, granite countertops, and stainless steel appliances perfect for casual meals or entertaining. The living room and the master bedroom both have direct access to the oversized private balcony where you can take in breathtaking beach views and enjoy the soothing ocean breeze in your very own privacy. The spacious primary suite features a thoughtfully designed en-suite bathroom with a closet, dual sinks, a soaking tub, a separate walk-in shower, and a private commode. A walk-through closet conveniently connects the bedroom to the bathroom for added functionality. Two additional bedrooms are located down the hall along with a full secondary bathroom and a dedicated laundry area with built-in cabinets for extra storage. One of the bedrooms is currently being used as a home office and features custom built-ins, ideal for remote work or a creative space. Residents enjoy resort-style amenities including a pool, spa, sun deck, sauna, and recreation room bringing vacation living right to your doorstep. Additional highlights include central HVAC, two assigned parking spaces, and guest parking. Ideally located on the beach and nestled near beloved local hot spots, this exceptional coastal retreat offers the best of relaxed seaside living!

1500 E Ocean Boulevard Unit 416, Long Beach

$3,697,000
9 Beds 19 Baths 26659109 MLS Active Status
Priced to sell - 9.5 GRM and 6.4% CAP. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. 19 units located blocks from Downtown Long Beach in the Historic District. All units were completely redone in 2018/2019 and are beautifully remodeled. The interior hallways were redone as well and the Seller spent over $400K on CAP EX. New Water Heater in 2023 and over 100 feet of sewer line replaced. No work remains to be done. The building is a two-story walkup with no onsite parking, however, there are parking structures within blocks that tenants can rent from. The building also features onsite laundry in the basement. The building offers an excellent unit mix of Studio, 1 and 2 bed units. The property is Professionally Managed and very well maintained and features onsite laundry. It features a Walk score of 95 and is located just blocks from the bars and restaurants in Downtown Long Beach on Pine Ave. The building is master-metered for all utilities and a new owner could implement a RUBS program increasing the returns. Downtown Long Beach is in the middle of an $8BB Redevelopment with brand new Class A apartments and retail being developed within blocks of this location. Qualified Buyers can put down as little as 27%. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is undergoing a $37MM remodel for the 2028 Olympics.

444 Chestnut Avenue, Long Beach

$569,000
2 Beds 2 Baths DW26045521 MLS Active Status
Welcome to this beautifully maintained 2-bedroom, 2-bath condo in the heart of Long Beach; located on one of the most charming tree-lined blocks. This coastal living home features an in-unit laundry, brand new dual pane windows, shutters and an HVAC mini split. Upon entering, you are invited to an abundance of natural light coming from your balcony, which presents a brand new sliding door and outdoor awning. Laminated wood flooring is offered throughout the living and dining rooms, kitchen and hallway. The sleek designed kitchen showcases stainless steel appliances. The primary bedroom provides its own en-suite bath while the additional room and bathroom add flexibility. Both bathrooms illustrate sophisticated black fixtures and quartz countertops. Stationed on the second floor, this property is complemented by refreshing ocean breezes. Complete with a detached 1 car garage and situated near The Pike, shopping, dining, entertainment and beaches, this property blends comfort, convenience and coastal charm. This move-in ready home is a must see!

1045 E 3rd Unit 4, Long Beach

$800,000
PW26044444 MLS Active Status
Established operating business available for sale in a prime Long Beach location. This is an opportunity to acquire a going-concern business operating from a mixed-use commercial building near Downtown Long Beach. The business is currently operating at the property and may be purchased independently or together with the real estate. Potential for a 24 hour use! Asking price for business only: $800,000. Real estate also available for purchase at $2,200,000. MLS infomation building PW26044424 Seller prefers to sell business and property together (total $3,000,000). Business financials, equipment list, and operational details will be provided upon execution of a Non-Disclosure Agreement (NDA). Ideal for: • Owner-operator • SBA buyer (subject to lender approval) • Strategic buyer seeking established location Do not disturb employees. All inquiries through listing agent.

1756 Pacific, Long Beach

$2,200,000
PW26044424 MLS Active Status
Prime Mixed-Use Commercial Property Near Downtown Long Beach. This two-story building offers approximately 4,812 SF on a 7,578 SF lot and features a unique live/work or income-producing configuration. The lower level consists of commercial retail space, and the upper level includes a 3-bedroom 1 bath residential unit suitable for owner occupancy or rental income. Recent improvements include a new roof installed in April 2024. The property is located in a high-visibility corridor with convenient access to Downtown Long Beach and major transportation routes. Ideal opportunity for: • Owner-user (SBA potential, buyer to verify eligibility) • Investor seeking mixed-use income property • Live/work operator Buyer to verify zoning, use, square footage, and all information independently. Business sale information PW26044444

1756 Pacific, Long Beach

$369,998
1 Beds 1 Baths CV26038204 MLS Active Status
Welcome to this charming 1 bedroom, 1 bathroom condo located on the 9th floor in the iconic Royal Palms building in the heart of Downtown Long Beach. This well-situated unit offers beautiful city views from above, allowing you to enjoy the vibrant skyline both day and night. The functional layout provides comfortable living with plenty of natural light throughout. Centrally located just minutes from the beach, shopping, dining, entertainment, and public transportation, this home is the perfect blend of urban convenience and coastal living. The Royal Palms community features secure access, community laundry, and is ideally positioned near Shoreline Village, The Pike, and Pine Avenue. Don’t miss this opportunity to own unit 910 at 9th-floor unit with stunning city views in one of Long Beach’s most desirable downtown locations.

100 Atlantic Unit 910, Long Beach

$4,500,000
IV26035988 MLS Active Status
1050 Gaviota Avenue is a 14-unit courtyard-style multifamily property located in the Downtown/Alamitos Beach area of Long Beach. Situated on approximately 0.29 acres, the two-story building features a secure gated entry and a central landscaped courtyard that provides natural light and an inviting residential setting. The property offers a desirable mix of spacious 2-bedroom, 3-bedroom, and 4-bedroom units, appealing to long-term renters seeking larger floor plans in a dense urban location. Additional features include on-site parking, concrete slab foundation, pitched roof construction, and efficient building systems. The property is positioned near Downtown Long Beach, Alamitos Beach, local retail corridors, public transit, and major employment centers, offering residents convenient access to coastal amenities and regional connectivity.

1050 Gaviota, Long Beach

$450,000
2 Beds 2 Baths 26648289 MLS Active Status
The Villas is a small complex convenient to the freeway and beaches. This secured building features controlled access, gated entry, and a parking garage with dedicated spaces. This property presents a great opportunity for buyers or investors, featuring a floor plan that boasts vaulted ceilings, abundant natural light, and light-toned hardwood floors. The interior is designed for comfort and efficiency, featuring a security door, double-paned windows, central air/heating, and a whole-house fan. The living room is equipped with hardwired internet, a multi-speed ceiling fan, and a skylight. Newer window coverings with wooden sills add a refined touch, while the high-quality surfaces and bathroom tile have been professionally sealed. The kitchen and laundry area includes a gently used LG Direct Drive washer/dryer and custom shelving. The primary suite offers vaulted ceilings, a swivel TV, and a misting shower head. Both bedrooms feature mirrored closets with organizational racks, with additional storage in the attic and linen closet. Originally built in 1984 and converted in 2006, this home includes dedicated office space and matching finishes kept in storage. This end unit is ready for immediate move-in and includes a south-facing front door and private patio.

1100 Walnut Avenue Unit 6, Long Beach

$1,999,000
SB26028039 MLS Active Under Contract Status
Prime Mixed-Use Investment | Retro Row – Long Beach*** 1427 E 4th St is a fully renovated property located in the heart of Long Beach’s high-traffic Retro Row. The 5,065 SF building consists of 2 street-level retail units (leased to a popular Coffee Shop and an Upscale Healing Station on long-term leases) and 4 residential units (2 one-bedroom units and 2 studios), all fully upgraded and turnkey. Offered at the BEST PRICE PER SQ.FT. in the market, the property delivers a 6.60% Cap Rate with strong NOI and IMMEDIATE CASH FLOW. Retail benefits from consistent foot traffic and destination-level visibility, while residential units perform well in a low-vacancy rental market. Recent comprehensive renovations translate to minimal maintenance and solid upside through rent growth. Located in a corridor supported by ongoing Long Beach infrastructure and redevelopment investment, this asset offers stable income with long-term appreciation.

1427 E 4th, Long Beach

$999,900
3 Beds 2 Baths TR26025288 MLS Active Status
Major price reduction for an amazing opportunity to live in one of the most desirable condo communities with Coastal Living at its Best! Welcome to 1400 E Ocean Blvd in one of Long Beach’s premier luxury communities, The Meridian. This beautifully maintained ocean-view residence was never fully lived in. What a rare opportunity to own a true turnkey coastal retreat. This spacious unit features 3 bedrooms, 2 bathrooms, and a versatile bonus room ideal for a home office or potential third bedroom. The primary suite is generously sized and offers floor-to-ceiling sliding glass doors that open to a private balcony with stunning ocean and sunset views. The en-suite bathroom showcases a custom walk-in shower, dual sinks, and a large walk-in closet. The unit is positioned on the top floor with privacy and open to the sky and steps away from the elevator for easy access to the garage and main lobby. The open-concept layout is ideal for both relaxing and entertaining. A well-appointed kitchen with stainless steel appliances including a new refrigerator offers abundant counter space, a center island with sink, breakfast bar, and flows seamlessly into the dining and living areas, complete with a fireplace and additional floor-to-ceiling glass doors leading to the balcony. Neutral paint tones and upgraded ceiling light fixtures with fans enhance the inviting interior. Property comes with new in-unit washer and dryer to add to the everyday convenience. The Meridian offers a true resort-style lifestyle with a pool, spa and a club house which can be available for private gatherings, world-class fitness center, all with direct beach access — all within a 24-hour gated and secure community. Additional features include new AC installed in 2024 and a two side-by-side parking spaces, a private storage closet, and two dedicated bike racks. Ideally located within walking distance to Downtown Long Beach, restaurants, and entertainment, this is coastal living at its finest. A truly exceptional must-see property.

1400 E Ocean Boulevard Unit 2403, Long Beach

$1,895,000
9 Beds 8 Baths 26645267 MLS Active Status
Huge Price Improvement! Prime Downtown Long Beach 7-Unit Multifamily | 528 Daisy Avenue is a well-maintained 7-unit multifamily property located in the heart of Downtown Long Beach with a Walk Score of 89. The asset benefits from strong tenant demand due to proximity to the Civic Center, dining, retail, and major transit corridors. The property features a highly desirable unit mix, primarily spacious 1-bedroom units, complemented by 2-bedroom units, a studio, and a newly added 3-bedroom unit, enhancing both income and long-term appeal. Several units have been tastefully updated, offering a low-maintenance, turnkey investment with minimal near-term capital needs. Offered at an attractive 6% cap rate and 11.7 GRM, 528 Daisy Avenue provides in-place cash flow with upside through continued rent optimization. A rare opportunity to acquire a stabilized asset in one of Long Beach's most walkable and in-demand rental submarkets.

528 Daisy Avenue, Long Beach

$899,000
1 Beds 1 Baths 26645179 MLS Active Status
In the Heart of Alamitos Beach, in the highly desirable Willmore Historical District. This exceptional multi-unit commercial property in Long Beach (90813). The property is currently operating as a thriving herbal retail store. The property features three distinct spaces offering versatile uses and strong investment potential.The primary stand alone commercial unit (702) boasts an expansive open floor plan ideal for retail, a coffee shop, gym, or office space, plus an exclusive-use outdoor patio. Recent upgrades include new recessed lighting, fresh paint, a tankless water heater, a break room, and a renovated restroom.The second commercial space (712) offers prominent street level frontage with an open layout, perfect for high visibility retail or service businesses. The spacious second floor residential unit (714) features beautiful hardwood floors and provides excellent rental income potential or owner occupancy options. The two commercial units are occupied by the same tenant.

702 CEDAR Avenue, 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

$419,999
2 Beds 1 Baths PW26015555 MLS Active Status
Experience refined coastal living in this elegantly updated 2-bedroom, 1-bath residence nestled within an exclusive gated Long Beach community. A new roof, sun-drenched interiors, and a thoughtfully curated open layout create a sense of effortless sophistication. Low HOA dues enhance the appeal, while the home’s premier location—steps from Downtown Long Beach, The Pike, and upscale shopping, dining, and entertainment—offers the best of urban convenience and seaside charm. With seamless access to major transportation routes, this home is ideal for those seeking style and practicality. Seller will pay the first year of HOA fees and buyer’s closing costs, presenting a rare opportunity to enjoy elevated living with exceptional value.

1013 E Appleton Unit 1, Long Beach

$349,900
1 Beds 1 Baths PW26009573 MLS Active Status
This stylish 1-bedroom, 1-bathroom condo in The Royal Palms is an amazing value! Live in an iconic building in the heart of Downtown Long Beach with 600 sq. ft. of modern living space and sweeping Cityscape and skyline views that dazzle both day and night. The bright, open living and dining areas feature wall-to-wall windows and laminate flooring throughout, while the updated kitchen showcases stone countertops, glass tile backsplash, and included appliances. This all-electric unit (no gas) provides comfortable and efficient living, complemented by the convenience of a secure building with professional management, staffed lobby office, 24-hour camera surveillance, swimming pool, and onsite community laundry. The monthly HOA covers water, trash, sewer, and more, making this a worry-free lifestyle. Enjoy being just steps away from a grocery store, top-rated restaurants, coffee shops, bakeries, and breweries, plus only minutes from the beach, The Pike, Shoreline Village, the Aquarium of the Pacific, the Queen Mary, and the Convention Center. Whether as your full-time residence or an investment, this condo combines midcentury charm, modern amenities, and an unbeatable location. Parking options in the area include monthly permit parking at an average rate of $120/month next door to the building, subject to permit availability. This home is located in a census track that may qualify for a down payment assistance grant.

100 Atlantic Unit 902, Long Beach

$475,000
1 Beds 1 Baths IV26005923 MLS Active Status
Breath taking Virws , restored 9th floor, 1-bedroom, 1-bathroom end-unit in the gorgeous art Deco Lafayette building in east Village Art District. Ocean views from all windows, including bathroom window. Walk to the great small restaurants and boutiques around this amazing neighborhood. Only a neighbor on one side. This 1-bedroom condo was restored with beautiful countertop and sink. The orientation of the unit is Southeast, so you have views of the ocean, Signal Hill and everywhere in between. Fresh paint throughout, with beautiful original tile from 1928 in the bathroom. This unit is currently designated as a historic unit and has currently has the property tax benefit that comes with this Mills Act

140 Linden Unit 962, Long Beach

$1,399,000
8 Baths 26633867 MLS Active Status
PRICE REDUCED AND READY TO SELL AT 9.4 GRM with rental upside. Earn over an 8% cash on cash return against in place rents. 8 units (all studios) in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). NO Local Rent Control in Long Beach. Located on a beautiful, quiet, tree lined street just blocks from Downtown Long Beach. All units have been updated including new kitchens, baths and paint. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). The property is professionally managed and well maintained. All units have W/Ds in them. Upside in rents to a 9.0 GRM. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Qualified Buyers can put down as little as 25% with excellent bank financing fixed at 5.4% for 5-years.

328 W 8th Street, Long Beach

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.