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$4,746,700
7 Beds 25 Baths 25618923 MLS Active Status
PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. 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. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.

330 Cedar Avenue, Long Beach

$515,000
1 Beds 1 Baths SB25246926 MLS Active Status
Discover the ultimate expression of coastal luxury and vibrant downtown living, where modern design meets the heartbeat of the city. This ultra modern space is far more than a home, it is a lifestyle destination. With an impressive 1,050 sq ft of bold open concept living, this is the largest one bedroom layout in the building and a rare opportunity to live expansively in one of Long Beach’s most desirable urban communities. Vaulted ceilings enhance the airy atmosphere while natural light illuminates every corner. The massive living and dining area with a nook offers flexibility to design the perfect entertainment space, home office, or relaxation zone. Rich hardwood and designer tile flooring add warmth and style, while the quartz gourmet kitchen features stainless steel appliances including a brand new dishwasher. Additional conveniences include AC, in-unit laundry, a modern tankless water heater, and a large hallway storage closet. The spacious bedroom offers excellent storage with double closets. Enjoy Promenade facing views from your private balcony, where you can start your morning with sunshine and unwind in the evening as city lights shimmer. Two gated underground parking spaces plus a significant deeded storage cage provide convenience rarely found in urban living. Located in the exclusive beautifully maintained building, the amenities include guest parking, EV charging, a bike room, a stylish club lounge with a kitchen, television, pool table and shuffleboard, a gym with a yoga studio, and an outdoor courtyard with lounge seating and a cozy firepit. High speed internet, water, trash, and sewage are included in the HOA, providing comfort and ease for homeowners. The location is unbeatable, with the beach, boardwalk, marina, Pike Outlets, Shoreline Village, restaurants, cafes, shopping, nightlife, parks, entertainment, and the Metro line all just moments from your front door. Annual Grand Prix excitement and ongoing waterfront development keep this community vibrant and energetic. Looking toward the future, the 2028 Olympics will bring global attention and major international events to Long Beach including beach volleyball, coastal rowing, sailing, target shooting, sport climbing, handball, canoe sprint, and rowing. Live at the center of world class culture, sports, and coastal excitement. Luxury, location, and lifestyle come together where the ocean meets the city and your future feels inspired.

133 The Promenade N Unit 426, Long Beach

$749,999
2 Beds 2 Baths IV25234464 MLS Active Status
Welcome to Unit 708 at 488 Ocean Boulevard, offering expansive open-air ocean views of the Pacific. This beautifully maintained condo features 10-foot ceilings and hardwood flooring throughout the living room and both bedrooms, creating a bright and open living space. The kitchen is appointed with granite countertops, slate tile flooring, ample cabinetry, and includes all appliances. An in-unit laundry room offers a full-size washer and dryer. Both bedrooms include walk-in closets, with the primary bedroom featuring an en-suite bathroom. The home is equipped with central air conditioning and heating for year-round comfort. Enjoy ocean and city views from the living room, bedrooms, and two private balconies. The unit includes one assigned parking space in a secure, gated underground garage. HOA amenities include water, 24/7 security and concierge services, fitness center, sauna, club room, business center, and high-speed internet through Frontier. Located just steps from the beach, coastal bike paths, Metro transit, dining, shopping, and entertainment venues including Shoreline Village, The Pike Outlets, Terrace Theater, and downtown Long Beach attractions. During April, balconies offer great views of the annual Long Beach Grand Prix.

488 E Ocean Unit 708, 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.