90806 Homes with Apartment Subtype

90806 Homes with Apartment Subtype

Zip code 90806 is located in Long Beach, California, specifically in Los Angeles County. This area is known for its diverse community and vibrant atmosphere.

If you're looking for homes in this zip code, you'll be pleased to know that there are plenty of options available, especially if you're interested in apartments. The Homes with Apartment subtype is true for this area, meaning there is a wide range of apartment-style living options to choose from.

Whether you're a young professional looking for a trendy loft or a small family seeking a cozy apartment, you'll find something that suits your needs in zip code 90806. These apartments often offer modern amenities, such as fitness centers, swimming pools, and communal spaces, making them an attractive choice for those who value convenience and comfort.

Additionally, living in this area means you'll have easy access to the bustling city of Long Beach. Enjoy the vibrant downtown scene, explore the beautiful beaches, or take advantage of the numerous shopping and dining options available.

If you're considering a move to Long Beach and are interested in apartment living, zip code 90806 is definitely worth exploring. With its prime location and diverse housing options, you're sure to find a home that suits your lifestyle.

Newest 90806 Homes with Apartment Subtype

$1,600,000
PW26122313 MLS Active Status
Well-Maintained 7-Unit Apartment Investment with Strong Cash Flow. Exceptional opportunity to acquire a well-maintained 7-unit apartment property located in Long Beach's desirable South Wrigley neighborhood. Situated on a 7,500 square foot lot with approximately 4,919 square feet of improvements, this income-producing asset offers strong in-place cash flow, recent capital improvements, and immediate upside potential. The property consists of two upstairs 1-bedroom/1-bath units, four downstairs 1-bedroom/1-bath units, and one spacious downstairs 2-bedroom/1-bath unit. One upstairs unit is currently vacant and has been updated with new luxury vinyl plank flooring and refreshed interior finishes, providing immediate rental upside for a new owner. Seller believes a second unit may also be delivered vacant at closing, creating additional flexibility for lease-up or renovation strategies. Several units are currently being utilized with additional rooms beyond their original layouts. Four of the downstairs 1-bedroom units are being used as 2-bedroom units, while the larger downstairs unit is currently utilized as a 3-bedroom unit. Ownership has completed numerous capital improvements, including electrical service upgrades in 2025, copper repiping of the upstairs units, replacement of gas lines, installation of a copper main water supply line, and ongoing roof maintenance. Each unit is individually metered for gas and electricity, helping reduce owner-paid utility expenses and improve operating efficiency. The property currently generates approximately $13,075 per month in gross rental income and is offered at an attractive 6.4% cap rate and 10.20 gross rent multiplier (GRM) based on current operations. Investors may benefit from favorable financing options, with the property potentially qualifying for financing with approximately 25% down. Additional amenities include four garages, on-site parking, and a desirable courtyard-style layout that enhances tenant appeal. Conveniently located near Pacific Coast Highway, Downtown Long Beach, public transportation, shopping, dining, and major employment centers, this property is well-positioned to benefit from continued rental demand and long-term appreciation. This is a rare opportunity to acquire a stabilized multifamily investment offering strong current returns, recent capital improvements, vacancy upside, and significant long-term growth potential.

1876 Henderson Avenue, 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.