90804 Homes with Mixed Use Subtype

Located in the vibrant city of Long Beach, California, the zip code 90804 offers a diverse range of opportunities for residents and businesses alike. Situated in Los Angeles County, this area is known for its lively atmosphere and convenient access to amenities.

One notable feature of the real estate market in 90804 is the prevalence of homes with a mixed-use subtype. This means that these properties can be used for both residential and commercial purposes. This versatile option allows residents to live and work in the same space, providing a convenient and efficient lifestyle.

Homes with a mixed-use subtype in 90804 offer a variety of benefits. For those looking to start a small business or work from home, these properties provide the ideal setting. Imagine having the convenience of a short commute, as your workspace is just a few steps away from your living area. Additionally, this type of property can be a great investment opportunity, as it offers the potential for rental income from both residential and commercial tenants.

In terms of location, 90804 is strategically positioned within Long Beach, offering easy access to a range of amenities. Residents can enjoy a variety of shopping, dining, and entertainment options just minutes away from their doorstep. The area is also well-connected to major transportation routes, making it convenient for commuting to other parts of Los Angeles County.

Whether you're seeking a live-work property or looking to invest in a versatile real estate option, the homes with a mixed-use subtype in 90804 provide a unique opportunity to embrace a dynamic and convenient lifestyle.

Newest 90804 Homes with Mixed Use Subtype

$2,700,000

PW26150787 MLS ⋅ Active Status

Exceptional opportunity to acquire a fully leased 8-unit mixed-use investment strategically positioned on the highly visible corner of Redondo Ave and E. 11th St. in Long Beach’s desirable Eastside/Circle Area. The property consists of three ground-floor retail storefronts and five residential units (four 1-bedroom/1-bath units and one 3-bedroom/2-bath unit), totaling approximately 9,851 square feet on a 6,241 square foot lot. The asset offers excellent street frontage, strong visibility, and professionally maintained commercial spaces occupied by established local businesses. Recent tenant improvements include beautifully renovated salon and tattoo studio interiors, enhancing the property’s appeal while supporting a diversified income stream. The residential units provide stable cash flow with additional rental upside through future turnover. Currently generating approximately $251,515 in annual scheduled gross rental income, this investment offers stable in-place income with future rental growth potential and long-term appreciation. Additional features include four on-site parking spaces, LBCNR (Store & Residential) zoning, and a highly walkable location with convenient access to Belmont Heights, Recreation Park, California State University Long Beach, Downtown Long Beach, and major transportation corridors. 1090 Redondo Avenue presents an outstanding opportunity for investors seeking a well-maintained mixed-use asset in one of Long Beach’s most desirable rental markets.

1090 Redondo, Long Beach

$2,345,000

RS26052383 MLS ⋅ Active Status

$50,000 price reduction - now offered at a 6.40% current cap rate. 1036 Saint Louis Ave is a 9-unit Eastside Long Beach apartment property featuring an attractive large-unit mix of (1) 3BD/2BA, (6) 2BD/1BA, and (2) 1BD/1BA units. The asset offers strong in-place income with approximately 13% remaining rental upside and a projected 7.60% pro forma cap rate through continued interior renovations and garage income optimization. The property has benefited from approximately $129,000 in recent capital improvements, including a new 400A main electrical panel, partial main sewer line replacement, SB 721 balcony compliance/repairs, roof repairs, and three completed unit renovations. Additional features include 6 on-site garages, separately metered electric/gas, and landlord-paid water/sewer/trash. No local rent control; statewide AB 1482 applies.

1036 Saint Louis, 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.