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$2,200,000
PV26161685 MLS Active Status
Well-maintained quadruplex in one of Long Beach's most desirable locations, just walking distance to the famous 4th Street Corridor, known as Retro Row. This vibrant neighborhood offers independent coffeehouses, unique shops, restaurants, local theater, parks, schools and grocery stores — and best of all, the beach is only a few blocks away. This property features 4 spacious units. Two units offer 3 bedrooms and 2 baths with approximately 1,550 sqft and in-unit laundry hookups. The other two units offer 2 bedrooms and 1.5 baths with approximately 1,075 sqft. Three of the four units (Units 1, 2 and 4) were fully remodeled just two years ago with new kitchens, new bathrooms, new flooring and fresh paint. All units are in excellent condition, and the property has been carefully maintained — units rent quickly with strong tenant demand. Parking includes two 2-car garages and one single-car garage. On-site laundry provides additional income. With solid current rents and continued upside potential, 380 Temple Ave is an excellent choice for an owner-user or any investor, from beginner to veteran, seeking a turnkey income property in a location that never goes out of style.

380 Temple Avenue, Long Beach

$1,350,000
OC26161764 MLS Active Status
4445 Atlantic Avenue is a 4-unit multifamily investment opportunity located in the highly desirable Bixby Knolls neighborhood of Long Beach. Constructed in 1946, the property sits on a 0.18-acre parcel and features approximately 3,256 net rentable square feet. The unit mix consists exclusively of 4 two-bed/one-bath units. Parking is provided through 4 garage spaces, creating a ratio of one garage space per unit. The parking is separately monetized, providing an additional revenue stream beyond the property’s residential rents. The property is positioned directly across Atlantic Avenue from Bixby Knolls Shopping Center, a major neighborhood retail destination anchored by Smart & Final Extra! and Marshalls, with numerous additional restaurants, retailers and service-oriented businesses. Residents are also within walking distance of ALDI and the year-round Uptown Bixby Knolls Certified Farmers Market, providing convenient access to groceries, prepared foods and other everyday necessities. Located just north of California Heights, Long Beach’s largest historic district, the property benefits from its position along the revitalized Atlantic Avenue commercial corridor. The surrounding area has developed into a popular dining and entertainment destination featuring local establishments such as Bixby Provisions, Dutch’s Brewhouse, Lola’s Mexican Cuisine, Sushi Nikkei and the longstanding Bake n Broil. The corridor is also home to the EXPO Arts Center and the monthly First Fridays Art Walk, which brings together local restaurants, retailers, artists and residents.

4445 Atlantic Avenue, Long Beach

$1,000,000
IN26156931 MLS Active Status
1136 E. Alhambra Court is a well-maintained fourplex featuring immediate value-add upside. Excellent opportunity for owner-occupants eligible for up to $15,000 in grant funding! The asset features strong modern upgrades, with three of the four units having been fully renovated within the last five years. The freshly updated ground-floor unit will be delivered vacant at the close of escrow, allowing an incoming investor to immediately secure top-of-market rental rates or providing an ideal opportunity for an owner-occupant to move in on day one. For buyers looking to occupy the vacant unit, the property qualifies for low-down-payment financing programs requiring as little as 3.5% down, which can be paired with an available $15,000 first time buyer grant (buyer to verify eligibility) to significantly lower the initial capital requirement and optimize cash-on-cash returns. Drive-by only; please do not disturb the occupants. Interior inspection is contingent upon an accepted offer.

1136 E Alhambra Court, Long Beach

$1,497,777
DW26151227 MLS Active Status
Exceptional Long Beach Investment Opportunity! Don’t miss this beautifully remodeled multi-unit property in the City of Long Beach, offering the perfect combination of comfortable owner-occupancy and income-producing potential. The front home features 3 spacious bedrooms and 2 full bathrooms, providing a modern and inviting living space for the new owner. Behind the main home are three additional rental units, creating an excellent opportunity to generate rental income that can help offset the monthly mortgage payment. Whether you’re looking to live in the front house while building wealth through rental income or expand your real estate portfolio, this versatile property is an outstanding investment. The entire property has been recently remodeled, offering updated finishes and move-in-ready convenience. Properties like this are rare—ideal for homeowners, investors, or anyone seeking a property that combines lifestyle and financial opportunity. With generous lot size and favorable zoning, there's potential to add up to 4 ADUs (buyer to verify), creating an 8-unit income-producing property. Front House and one of the back units to be delivered vacant at close of escrow

2130 Elm, Long Beach

$1,795,000
PW26133542 MLS Active Status
Pleased to present 1315 Termino Avenue, a substantially renovated and redeveloped four-unit multifamily property located in the highly desirable city of Long Beach. Originally constructed as a duplex, the property underwent a comprehensive transformation in 2024, including the complete renovation of the existing units down to the studs, along with the addition of two newly constructed units, creating a highly improved and modernized residential asset. The property is comprised entirely of spacious 2 and 3-bedroom floorplans featuring high-end finishes, contemporary design elements, and quality craftsmanship throughout. The extensive 2024 improvements provide investors with a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern California’s most active and evolving rental markets.

1315 Termino Avenue, Long Beach

$1,595,000
OC26131199 MLS Active Status
Excellent investment opportunity in the heart of Long Beach, Lakewood Village! This well-maintained fourplex sits on a very generous 9,954 sq.ft. lot. Featuring three fully renovated units thoughtfully updated with modern finishes designed to attract quality tenants. Interiors showcase newer vinyl laminate flooring, contemporary fixtures, and stylish living spaces that blend comfort with functionality. Each renovated unit includes convenient inside stackable laundry, energy-efficient mini-split heating and cooling systems, and a complete appliance package featuring a gas range, microwave, and refrigerator. The established landscaping provides curb appeal and is supported with an automatic irrigation system that keeps the professionally maintained landscaping in prime condition. The property offers assigned parking for tenants. Separate meters for gas and electric. This is an ideal location with panoramic views. Ideally situated near shopping, dining, entertainment, public transportation, and educational opportunities, residents will appreciate the close proximity to Long Beach City College, Heartwell Park and Golf Course, Long Beach Airport, and more.With significant updates already completed and a desirable location in one of Long Beach's established neighborhoods, this income-producing property presents an exceptional opportunity for investors seeking strong rental appeal and long-term value.

5139 E Carson Street, Long Beach

$1,300,000
PW26122601 MLS Active Status
Welcome to 325 E 14th Street where opportunity and style unite in this vibrant 4-unit property! This 1922 building has four spacious 1-bedroom, 1-bathroom layouts, providing comfortable living. Imagine the possibilities in this thriving community, where you can create a welcoming space for tenants or even live in one and rent the others. Just a five-minute walk from the Anaheim Metro A-Line Station, the lively Anaheim Street Corridor, and the newly renovated Poly Plaza. The energy here is contagious, with a location that offers the best of urban living and a sense of community that’s hard to find. Whether you’re an investor looking to expand your portfolio or someone who values the charm of multi-unit living, this property is a fantastic choice. Experience the potential and make it yours. Schedule a showing to experience it in person. See private remarks for more information regarding additional contiguous parcels as part of a rare 5-parcel assemblage offering more than 27,000 square feet of combined lot area—well over one-half acre of prime urban infill land. Do not disturb tenants.

325 E 14th, Long Beach

$1,199,000
SB26124554 MLS Active Status
Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside — an investor's dream in one of Southern California's most dynamic rental markets. Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors. Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers — the kind of location that keeps units filled and turnover low.

1273 Chestnut, Long Beach

$1,350,000
SB26122163 MLS Active Status
Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.

679 Obispo, Long Beach

$700,000
9 Beds 4 Baths OC26118293 MLS Active Status
Luxury Live Auction! Bidding to start from $700,000! Investment Opportunity in the Heart of Long Beach! 508 W 10th Street is a prime quadruplex ready for remodel, offering incredible upside to ride the equity curve with a high proforma cap rate, in one of Long Beach’s most dynamic neighborhoods. This four-unit building is perfectly positioned just blocks from downtown and only one block from convenient public transportation. The property is vacant, making it ideal for investors or owner-occupants looking to renovate and maximize rental income. The configuration includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit features private en suite laundry, and the building includes a detached one-car garage for added convenience. Located in the heart of Long Beach, this property sits amid a transformative $1.3 billion revitalization campaign, putting future growth and value right at your doorstep. Don’t miss the chance to capitalize on a property with excellent location, flexible layout, and strong investment potential.

508 W 10th, Long Beach

$1,025,000
PW26112788 MLS Active Status
1065 E. 19th Street, Long Beach – Pride of Ownership 4-Unit Investment Opportunity Exceptional 4-unit property located in the highly desirable Poly High area of Long Beach. This well-maintained asset showcases true pride of ownership, with numerous recent improvements including a newer roof, fresh exterior paint, updated electrical panels, and newer dual-pane windows. The units have been carefully maintained, offering an attractive living environment for tenants and reducing future maintenance concerns for a new owner. Ideally situated near Long Beach Polytechnic High School and the Long Beach Transit network, the property provides convenient access to shopping, dining, parks, schools, and major transportation routes. Its central Long Beach location continues to attract strong tenant demand, making it an outstanding addition to any investment portfolio. A turnkey income-producing property with desirable upgrades, excellent curb appeal, and long-term upside in one of Long Beach's most sought-after rental markets.

1065 E 19th, Long Beach

$1,699,000
PW26116112 MLS Active Status
Well-maintained 4-unit residential income property located in the desirable Eastside neighborhood of Long Beach. Built in 1991, the building offers 5,100 sq. ft. of living space on a 6,245 sq. ft. lot with a diverse unit mix comprised of — 2BR/1BA | 2BR/1BA | 4BR/2BA | 5BR/2BA ideal for maximizing rental income. The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity. Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors. Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.

1117 Euclid, Long Beach

$1,960,000
PW26117355 MLS Active Status
Located in the heart of Belmont Heights, 70 Roycroft Ave offers the perfect blend of coastal living and urban convenience. This well-maintained 4-unit investment property provides strong in-place income, recent capital improvements, and long-term upside potential in one of Long Beach's most sought-after neighborhoods. The property has been significantly upgraded with new windows throughout, updated plumbing, and upgraded electrical panels in 2023. Three of the four permitted units have been remodeled, creating a largely turnkey investment with reduced deferred maintenance and future upside through the remaining unit. Residents benefit from a convenient shared laundry room, adding value and convenience for tenants. Just minutes from the beach, Belmont Shore, 2nd Street dining and shopping, and vibrant local cafes, this prime location is known for its charming tree-lined streets, walkability, and strong sense of community. Residents enjoy convenient access to parks, marinas, highly rated schools, and major freeways while living in one of Long Beach's most desirable coastal neighborhoods.

70 Roycroft ave, Long Beach

$1,749,000
SB26105099 MLS Active Status
FOUR DOORS, ONE LOT, WALKING DISTANCE TO THE WATER! 236 Redondo Ave is a turnkey four-unit property built for the buyer who wants a home and an income stream under the same deed. The front house lives like a single-family residence — a remodeled 2-bed/1-bath Craftsman with hardwood floors, mini-split AC, and the kind of curb appeal that makes the whole property show. Behind it, two fully upgraded studios sit mid-lot, each self-contained. A rear 1-bedroom with private entry completes the mix. Three of the four units have been fully renovated. What separates this from most small multifamily: real physical separation. Front house, mid studios, and rear unit each occupy their own zone of the lot. Tenants get privacy. So does the owner. That's rare in a four-unit footprint and it's why occupancy holds. Units can be delivered vacant, so you set your own rents and your own occupancy plan from day one — house-hack the front house and let the other three carry the note, or stabilize all four and run it as a pure income asset. As a 2-4 unit property, it qualifies for residential financing rather than commercial terms — a meaningful advantage for the owner-occupant buyer. Location does the heavy lifting on the rental side: one of Long Beach's most walkable, highest-demand corridors, minutes to Rosie's Dog Beach, the Naples Canals, Belmont Veterans Memorial Pier, and the shops and restaurants along 2nd Street and Broadway. Reported gross income: $126,000/year furnished. $105,000 stabilized straight-line. Income and expense figures per seller; buyer to verify all information independently.

236 Redondo, Long Beach

$799,000
OC26095441 MLS Active Status
Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is current potential gross annual income is $74,100. This reflects a current Gross Rent Multiplier (GRM) of 10.80 at the current list price and a cap rate of approximately 8.19%. These metrics position the asset as an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation. With strategic improvements, investors have the ability to reposition the asset, increase rents toward market levels, and further enhance overall returns. The property is ideal for investors pursuing a value-add strategy, long-term hold, or future refinance scenario. Located in the heart of Downtown Long Beach, the property benefits from strong tenant demand driven by proximity to major employment centers, coastal amenities, and a vibrant urban lifestyle. The area is known for its waterfront access, marina, Shoreline Village, The Pike Outlets, and a thriving dining and arts scene, making it a highly desirable location for renters. The property is also well-positioned for public transportation access, with the Metro A Line providing direct connectivity from Downtown Long Beach to Downtown Los Angeles and surrounding areas. Nearby transit hubs and multiple Long Beach Transit bus routes offer convenient local and regional access, enhancing tenant appeal and long-term rental demand. This is a rare opportunity to acquire a centrally located multi-unit property in one of Southern California’s most dynamic coastal markets, offering immediate income with strong upside potential through rental growth and property improvements. Buyer and buyers agent to conduct their own analysis.

1208 N Saint Marys Court, Long Beach

$2,795,000
7 Beds 6 Baths PW26084103 MLS Active Status
NEW PRICE!Historic Spanish Estate Offering Multi-Generational Living & Supplemental Income in Bluff Park!Rarely does a property offer the space, privacy,& flexibility today's buyers are seeking.Nestled in the heart of Bluff Park, this beautifully preserved Spanish-style estate is legally a fourplex but lives like a private family compound, with a spacious main residence complemented by three separate guest homes surrounding a charming central courtyard. The expansive 4-bedroom, 2.5-bath main home serves as the heart of the property, featuring a fireplace, HVAC, whole-house stereo system, private laundry, a two car garage,& secluded patio with built-in seating and BBQ, perfect for gathering with family while maintaining privacy. Surrounding the main residence are three beautifully updated 1-bedroom, 1-bath homes, with dedicated office space, private patios, updated kitchens & baths, & hardwood flooring. Whether accommodating extended family, or long-term guests, the layout provides an ideal blend of togetherness and privacy. For buyers searching for the feel of a grand single-family residence, this property offers the best of both worlds.Enjoy the lifestyle and presence of a private Spanish estate while benefiting from the flexibility of 3 additional residences that can generate supplemental income, offset ownership costs,or provide housing for family members. It's an increasingly rare opportunity to own a property that functions like a luxury single-family home while creating built-in financial advantages.Meticulously maintained with over $700,000 in renovations and improvements, the property has undergone extensive upgrades, including updated plumbing, electrical, HVAC systems, windows, landscaping, patios, garage reconstruction, and seismic retrofitting, while carefully preserving its original Spanish character through restored hardwood floors, custom built-ins, crown molding, and architectural details.Additional features include 4 garages with built-in storage, multiple private outdoor spaces,& a beautifully landscaped courtyard with fountains that creates a true sense of community while allowing each residence its own privacy.Located on a picturesque tree-lined street directly across from Trolley Park and just two blocks from the beach, this exceptional property offers a lifestyle that is increasingly difficult to find a private family estate with the flexibility to accommodate multiple generations, generate income, or both. A truly unique opportunity!

3409 E 2nd, Long Beach

$1,655,000
PW26090530 MLS Active Status
Marcus & Millichap is pleased to present 246 Newport Avenue, a charming four-unit investment opportunity in Long Beach’s highly desirable Belmont Heights neighborhood, which is known for its tree-lined streets, Craftsman architecture, and strong tenant appeal. The property features a two-bedroom/one-bath single-family home, a duplex containing one studio and one one-bedroom unit with an office, and a studio above a two-car garage. Tenants also enjoy a shared backyard. 246 Newport Avenue boasts an exceptional rental location just four blocks from Bluff Park and the beach, walkability to popular restaurants along Broadway, and less than one mile from the vibrant dining, retail and entertainment corridor on Second Street. Its proximity to California State University, Long Beach, recreation, freeway access, and employers support consistent rental demand. The property has been professionally managed and provides stable in-place cash flow with potential upside. The two-bedroom home presents an ideal opportunity for a new owner to occupy the home and utilize rental income of the apartment units to offset mortgage costs.

246 Newport, Long Beach

$1,999,000
PV26079470 MLS Active Status
4124 E Broadway presents a rare opportunity to acquire a well-maintained Spanish-style residential income property in the highly desirable Belmont Shore / Belmont Heights coastal enclave of Long Beach. The asset consists of four units, including two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio unit (buyer to verify permits), offering a diversified unit mix that supports durable tenant demand across multiple renter profiles.The property generates approximately $ 9,775 in monthly gross income ( $117,300 annually), equating to a 5.4% current cap rate. With demonstrated rental upside and below-market in-place rents, investors can expect an even greater cap rate with strategic interior upgrades, unit turns, and alignment to prevailing market rents. The partially renovated studio unit provides an immediate value-add component, reducing initial capital outlay while illustrating achievable rent premiums. This offering represents a compelling blend of stable cash flow and operational upside, supported by strong underlying fundamentals in a supply-constrained coastal submarket. Belmont Shore/Belmont Heights continues to exhibit high occupancy levels and resilient rent growth due to limited new multifamily development, coastal zoning restrictions, and sustained lifestyle-driven demand. Additional amenities include two single-car garages, two driveway parking spaces, on-site community laundry, and a generously sized communal backyard that enhances tenant livability and retention. Notably, additionally two units feature private outdoor spaces—an increasingly scarce amenity that supports rent growth and tenant stability. Located just blocks from the Pacific Ocean and within close proximity to Alamitos Bay Beach, Bluff Park, and the vibrant retail and dining corridor along 2nd Street, the property benefits from exceptional walkability and a premier coastal lifestyle. This irreplaceable location serves as a natural hedge against market volatility, reinforcing long-term appreciation potential. With in-place income, identifiable value-add potential, and positioning within one of Long Beach’s most sought-after rental corridors, 4124 E Broadway offers investors a rare opportunity to acquire a defensible coastal asset with both yield and growth characteristics. Buyers are advised to conduct their own due diligence regarding rent control regulations, permitting, and market rent assumptions.

4124 E Broadway, Long Beach

$2,795,000
PW26081664 MLS Active Status
NEW PRICE!Historic 4-Unit Spanish-Style Income Property in Coveted Bluff Park Well-maintained and thoughtfully preserved, this highly desirable fourplex showcases pride of ownership and timeless Spanish architecture in one of Long Beach’s most sought-after coastal neighborhoods. Ideally located on a wide, tree-lined street directly across from Trolley Park and just two blocks from the beach, the property offers exceptional walkability to the shops and dining along Broadway and Belmont Shore, along with refreshing ocean breezes.The property features a spacious 4 BEDROOM, 2.5-BATH OWNER'S UNIT with a two-car garage, fireplace, HVAC, whole-house stereo system, private laundry, and a secluded patio with built-in seating and BBQ—ideal for indoor-outdoor living. THREE additional 1-BEDROOM, 1-BATH UNITS with dedicated office space offer updated kitchens and baths, hardwood flooring, and a seamless blend of vintage character and modern convenience.Over $700,000 has been invested in comprehensive upgrades (2001–2026), including extensive down-to-the-studs renovations with updated plumbing, electrical, HVAC, insulation, and windows, along with major exterior improvements such as stucco, drainage systems, landscaping, patios, and hardscape. Additional capital improvements include garage reconstruction, custom outdoor living spaces, seismic retrofitting, sewer line replacements, roofing, and irrigation upgrades—resulting in a well-maintained property with minimal deferred maintenance.Original architectural details—hardwood floors, built-ins, and crown molding—have been carefully restored, preserving the property’s historic charm. The property also includes fFOUR GARAGES with built-in storage, private patios for each unit, and a beautifully landscaped shared courtyard with fountains. With three units on month-to-month leases and below-market rents, this is a rare opportunity offering strong rental upside, low expenses, and long-term growth potential—ideal for both investors and owner-users.

3409 E 2nd Street, Long Beach

$1,090,000
PW26075635 MLS Active Status
4plex in the heart of Long Beach. This property features four 1-bedroom, 1-bath units, with the potential of turning each of them into 2 bedroom units. Two vacant units now. The building has a functional layout and a central front entry, providing straightforward management and leasing. The property includes a large rear concrete area with gated access, offering potential for additional parking, tenant use, or future improvements. Separate access pathways and open space enhance usability for both tenants and ownership. Located in the Washington neighborhood of Long Beach, the property benefits from a highly walkable location (Walk Score ~93) with easy access to shopping, dining, public transportation, and major commuter routes.

1454 Magnolia, Long Beach

$1,725,000
PW26070133 MLS Active Status
Welcome Home to 28 Argonne Avenue, a rare investment gem in the heart of Belmont Shore. This charming 4-unit property offers the perfect blend of timeless coastal living and long-term rental stability in one of Long Beach’s most sought-after neighborhoods. The property features two 1-bed, 1-bath units and two 2-bed, 1-bath units, each with its own gas and electric meter for added convenience. A 2-car garage sits off the alley with shared laundry inside, and there's plenty of curb appeal thanks to thoughtful upkeep and that classic Belmont Shore charm. Located near the beach and close to 2nd Street’s iconic shops, restaurants, and cafés, this location delivers when it comes to lifestyle and accessibility. Residents enjoy easy access to Rosie’s Dog Beach, the Belmont Pier, and over four miles of scenic coastline for leisure and recreation. The 2nd & PCH open-air shopping center is also nearby, offering everything from Whole Foods to boutique retailers and waterfront dining. All units are currently occupied, reflecting the strong rental demand in this neighborhood.

28 Argonne Avenue, Long Beach

$2,495,000
SW26062077 MLS Active Status
Discover a rare opportunity on the highly sought-after Long Beach Peninsula with this well maintained four-unit property that combines prime coastal living with exceptional investment potential. Just steps from the sand and perfectly positioned between the Pacific Ocean and Alamitos Bay, residents enjoy Belmont Shore shops, dining, nightlife, kayaking, paddle boarding, sailing, and scenic biking and running paths, all complemented by nearby yacht club. The building features two upstairs one-bedroom, one-bath units and two downstairs studios, each with a private entrance. Unit 29 B, renovated in 2025, offers a fireplace, ocean view, extended bedroom area ideal for an office or nursery, a balcony overlooking the common area, and a one-car garage (originally two-car, no dividing wall). Unit 27 A, updated in 2024, includes a private garage suitable for small vehicles or motorcycles, while Unit 27 B, updated around 2018, features a fireplace and extensive improvements. Unit 29 B has central heating, while the other units are equipped with mini-split systems. Unit 29 A is ready for some TLC. A detailed list of improvements may be provided upon request. With major system upgrades, modernized interiors, and reduced deferred maintenance, this property offers strong long-term rental growth potential. It is being sold subject to a 1031 exchange and represents an excellent opportunity for investors seeking both lifestyle and financial rewards. The seller also owns a sister four-unit building at 6514 E Ocean Blvd, Long Beach, and is open to negotiating attractive deals for the purchase of both properties together.

27 66th Place, Long Beach

$2,595,000
SW26050870 MLS Active Status
1031 EXCHANGE FOURPLEX, located in the highly desirable Peninsula area of Long Beach, just steps from the beach. The building consists of four units: two 1-bedroom/1-bath units located on the second floor, and one 1-bedroom/1-bath unit plus one studio/1 bath on the first floor. Each unit has its own private entrance, separate address (6514, 6516, 6518, and 6520), and electric is individually metered. All units are currently tenant-occupied. Tenants in Units 6514 and 6516 also have use of the two one-car garages. The property is well maintained, with Unit 6514 fully updated in 2020. All tenants share a common laundry room equipped with a newer washer and dryer. Units 6514 and 6520 feature mini-split A/C and heating systems, while Units 6516 and 6518 have wall heaters and no air conditioning. Each unit offers great natural light and has been well cared for. This property presents a fantastic opportunity to own a well-maintained investment building just steps from the beach. Ideally situated between the Pacific Ocean and Alamitos Bay on the highly sought-after Long Beach Peninsula. Enjoy close proximity to the shops, restaurants, and nightlife of Belmont Shore, along with beachside activities including kayaking, paddle boarding, sailing, and scenic biking and running paths leading to downtown and the iconic Queen Mary. Nearby access to the Alamitos Bay Yacht Club and Long Beach Yacht Club enhances the exceptional coastal lifestyle this property offers. ( Pictures are from 2020-2021 , updated pictures will be posted soon )- Subject to 1031 Exchange.

6514 E Ocean Boulevard, 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.