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$759,000
PW26038156 MLS ⋅ Active Status
This triplex offers an excellent investment opportunity in one of Long Beach’s desirable and established residential neighborhoods. Situated on a single lot, the property features three individual units, each with its own private garage and separate yard area, providing tenants with added convenience, privacy, and a single-family home feel—an attractive feature that helps support long-term tenancy and rental stability. This property is ideal for investors who are just beginning their real estate investment journey, as well as seasoned investors seeking to add a solid, income-producing asset to their portfolio. The units will not be delivered vacant but the seller may consider relocation assistance. Located in a quiet and well-established area of Long Beach, the surrounding neighborhood is primarily composed of single-family homes and other well-maintained residential income properties, contributing to the area’s overall stability and desirability. The property is conveniently located near shopping centers, restaurants, schools, and essential services, and offers easy access to downtown Long Beach, where tenants can enjoy dining, entertainment, and coastal attractions. With its strong location, private garages, individual yard spaces, and reliable income stream, this triplex represents a rare opportunity to acquire a versatile and appealing investment property in one of Southern California’s most dynamic rental markets.

1876 Myrtle, Long Beach
$1,615,000
4 Beds ⋅ 11 Baths ⋅ 26640863 MLS ⋅ Active Status
CHEAPEST PRICED LISTING IN ALL OF LONG BEACH. PRICED TO SELL. 8.4 GRM AND 7.2% CAP WITH UPSIDE TO A 8.0 GRM AND 7.7% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.7% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. Excellent lender financing available at 5.4% fixed for 5 years - for qualified Buyers. 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. Additionally, the Long Beach airport is undergoing a $37MM renovation for the upcoming 2028 Olympic Games.

1377 Warren Avenue, Long Beach
$2,825,000
PW25007491 MLS ⋅ Active Status
Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!

1101 Cherry Avenue, 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.