90803 Homes with Apartment Subtype

90803 Homes with Apartment Subtype

Located in the beautiful city of Long Beach, California, the zip code 90803 offers an array of real estate opportunities for those looking to settle in this vibrant area. Situated in Los Angeles County, 90803 is a sought-after location known for its stunning beaches, cultural attractions, and thriving community.

One of the notable features of this zip code is the abundance of homes with an apartment subtype. Whether you are an investor looking for a property with potential rental income or a homeowner seeking additional living space, the availability of these homes provides a range of options to suit your needs. With an apartment subtype, you can enjoy the flexibility of having a separate living area within your home, perfect for accommodating guests, extended family, or even generating rental income.

In addition to the variety of homes with an apartment subtype, 90803 offers a diverse range of architectural styles, from charming beach cottages to modern condominiums. The real estate market in this area is dynamic, with a mix of historic properties and new developments, ensuring there is something to suit every taste and budget.

Beyond the real estate offerings, residents of 90803 enjoy a high quality of life with access to beautiful beaches, parks, and recreational activities. The area boasts a vibrant dining scene, trendy shops, and a thriving arts community. With its proximity to downtown Long Beach and easy access to major freeways, 90803 provides the perfect balance between suburban tranquility and urban convenience.

If you are looking for a place to call home in Long Beach, California, consider exploring the real estate opportunities in the zip code 90803. With its desirable location, homes with an apartment subtype, and a wealth of amenities, this area offers an exceptional living experience.

Newest 90803 Homes with Apartment Subtype

$2,795,000
PW26180111 MLS Active Status
We are proud to present 5711 East 2nd Street, a boutique 8-unit multifamily property in the heart of Naples Island, one of Long Beach’s most exclusive waterfront enclaves and among the most supply-constrained residential submarkets in Southern California. Offered at $2,795,000, or $349,375 per unit, the asset pairs in-place cash flow with meaningful rental upside in a community defined by scarcity: a fully built-out cluster of canal-ringed islands where new multifamily supply is effectively nonexistent and renter demand is anchored by an irreplaceable waterfront lifestyle. The property sits on the 2nd Street corridor at Ravenna Drive, steps from the Naples canals and Alamitos Bay, roughly a mile from the Belmont Shore business district, and about a mile from 2nd & PCH, a newer Whole Foods–anchored open-air shopping and dining development. The property comprises seven one-bedroom units and one two-bedroom unit. In-place rents sit approximately 21% below the operator’s estimate of market, giving an incoming owner a clear runway to income growth as units are brought to market on turnover. Recent capital investment further de-risks the offering: the roof was professionally inspected and repaired in 2024 with an estimated ten years of remaining useful life, and the building’s electrical system was inspected and upgraded across 2024 and 2025. The property is currently master-metered for both gas and electric, presenting a potential opportunity for a new owner to explore submetering or a utility bill-back (RUBS) program as an additional lever for income growth, subject to feasibility. The on-site laundry facility is owned, adding an ancillary income stream that conveys with the property. For an investor, 5711 East 2nd Street offers a rare entry point into one of Long Beach’s most prestigious and expensive coastal addresses, a market where limited rental product serves a deep, affluent renter base, and the opportunity to capture embedded rent growth in one of Southern California’s most resilient waterfront rental markets.

5711 E 2nd, Long Beach

$3,200,000
SB26061371 MLS Active Status
Location Location Location! Ocean Front Assets are the gold standard for real estate. Do not miss this. Unobstructed Ocean Views and the highest Cap Rate (4.71%) you will ever find in Belmont Shore on the Ocean in this Incredible Ocean Front 6 unit with Parking! You can't beat this asset. The Beach House is a incredibly rare property to come across. Stunning remodels with new plumbing, electrical, and high end finishes. Each unit has Washer and Dryer in unit and a beautiful layout maximizing the ocean views here on Ocean Blvd. Steps to the sand and even more rare for Belmont Shore, this asset comes with 4 parking spaces. You will not find beach front properties this cheap maybe ever again. 5339 E Ocean Blvd is an ideal opportunity for investors seeking a turnkey coastal multifamily generational asset with zero deferred maintenance, immediate leasing opportunity to put your own tenants in and an exceptional location-driven rental appeal in one of Southern California’s most desirable beach communities. Four of the units are rare front-facing one-bedroom residences with ocean and water views, creating a highly compelling lifestyle rental product in one of Long Beach’s most sought-after beachside communities. The remaining two renovated one-bedroom units further round out a turnkey investment with broad tenant appeal. With the Olympics coming to the Belmont Shore Swimming Pool and the World Cup on it's way as well. AIR BNB opportunities are endless. The Beach House at 5339 E Ocean Blvd in the most desirable Belmont Shore asset you will find. One of the only locations on Ocean Blvd with unobstructed ocean views. Offered at $3,200,000 and only $533,333 per unit, this exceptional coastal asset consists of six 1-bedroom/1-bathroom units across 3,048 square feet on a 2,540 square foot lot. Based on projected market rents, the property offers approximately $17,780 per month and $215,760 in annual scheduled gross income, with an estimated 4.71% cap rate upon lease up.

5339 E Ocean, 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.