90815 Homes with Mixed Use Subtype

90815 Homes with Mixed Use Subtype

Welcome to the vibrant community of Long Beach, California, where the zip code 90815 offers a unique blend of residential charm and commercial convenience. Nestled within Los Angeles County, this dynamic area is characterized by its diverse neighborhoods, lush parks, and a rich tapestry of cultural experiences.

Homes in the 90815 zip code often feature a mixed-use subtype, which means they provide residents with the perfect opportunity to live, work, and play all in one place. Imagine stepping out of your front door and finding a quaint café, boutique shops, or even a local fitness studio just a short stroll away. This innovative living arrangement not only fosters a strong sense of community but also enhances the quality of life by reducing the need for long commutes.

The architecture in this area reflects a delightful blend of styles, from charming bungalows to modern multi-family units, catering to a variety of lifestyles and preferences. Families, young professionals, and retirees alike find their perfect home in this vibrant locale.

Being in Long Beach means you’re never far from the beautiful coastline, where you can enjoy sun-soaked beaches, scenic bike paths, and the bustling energy of the waterfront. The nearby Long Beach State University adds a youthful vibe to the community, ensuring a lively atmosphere year-round.

Whether you're looking for a cozy home or a dynamic space to start your business, the 90815 zip code offers an exceptional quality of life, making it a desirable destination for anyone looking to settle in Southern California. Come explore the possibilities that await you in this enchanting neighborhood!

Newest 90815 Homes with Mixed Use Subtype

1761 Park Avenue, Long Beach
$8,000,000
PW26215271 MLS ⋅ Active Status
STUDENT HOUSING OPPORTUNITY – 64 BEDS + 8 BEDS = 72 MAX BEDS. 7.47% CURRENT CAP, WITH MARKET CAP RATE AT 8.63%-9.14%! Park Villa Apartments, an 18-unit / 64-bed off-campus student housing asset serving California State University, Long Beach (CSULB). The property operates under a “by-the-bed” leasing model commonly used in purpose-built student housing, offering furnished individual beds rather than leasing entire units. This structure provides students greater flexibility while generating higher effective rents per unit and diversified cash flow for ownership. Park Villa Apartments features (4) 3BD/2BA, (2) 2BD/2BA, (10) 2BD/1BA and (2) 1BD/1BA units surrounding a landscaped courtyard, along with on-site laundry, eight garages and 12 tandem surface parking spaces. Comprehensive renovations completed in 2023 include upgraded electrical and plumbing systems, new dual-pane windows, laminate flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, modern lighting, ceiling fans and fixtures throughout. The property is located near Long Beach’s Traffic Circle, providing walkable access to extensive retail, dining and everyday services. Its proximity to CSULB and the 405 Freeway also provides convenient connectivity throughout Long Beach, the South Bay and Orange County. CSULB has 3,500 on-campus beds serving more than 42,000 students—an on-campus housing saturation rate of approximately 8%—leaving the overwhelming majority of students reliant on the private housing market. Demand is further supported by record enrollment and approximately 84,000 applications in the most recent admissions cycle, the highest applicant volume in the 23-campus CSU system. This persistent supply-demand imbalance provides Park Villa Apartments with a deep, recurring renter pool. Combined with annual lease resets, recurring new-student demand and approximately 25% tenant retention, the property’s by-the-bed model provides a compelling foundation for stable occupancy, income growth and long-term student housing demand.

1761 Park 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.