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755 Gaviota Avenue, Long Beach
$2,875,000
PW26102404 MLS ⋅ Pending Status
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Built in 1987, the property features exclusively two-bedroom, two-bathroom units, offering a highly desirable and functional layout for tenants. All eight units have been extensively renovated with brand-new flooring, updated countertops, and modern stainless steel kitchen appliances, including a refrigerator, stove/oven, and dishwasher. Each unit also includes in unit washers and dryers, private balconies, and ceiling fans, enhancing overall tenant comfort and convenience. The property is uniquely configured with separate APNs for each unit, providing a future buyer with flexibility and potential exit strategies. Additionally, the asset is not subject to statewide or local rent control, allowing for unrestricted rent growth. Current ownership has implemented a RUBS program, generating additional income. On-site amenities include a secured parking garage and controlled access, further contributing to tenant appeal and overall property security.

755 Gaviota Avenue, Long Beach

1081 Cherry Avenue, Long Beach
$1,050,000
2 Beds ⋅ 6 Baths ⋅ 26676253 MLS ⋅ Pending Status
1081 Cherry Avenue presents investors with a rare opportunity to acquire a fully occupied, cash-flowing six-unit asset in Long Beach at a compelling 6.42% current cap rate with immediate upside on the table. Offered at $1,100,000, $183,333 per unit and $397 per square foot, this 1923 built property delivers strong in place income of $110,208 annually against a lean 33% expense ratio, producing a current NOI of $70,569 with a clear path to $92,263 at pro forma rents. The property consists of one two-bedroom one-bath unit and five studios across 2,773 square feet of building on a 6,187 square foot lot. All six units are occupied with tenants paying gas and electric, and the building features an on-site laundry facility and garage parking for the two-bedroom unit. Studios are currently averaging $1,272 per month against a market rent of $1,600, representing an 18% rental upside that a new owner can capture through natural turnover with no heavy lifting required. At pro forma rents the GRM compresses to 8.45 and the cap rate expands to 8.39%, both favorable against comparable sales in the submarket which are averaging a 6.09% cap rate and 11.06 GRM. For the value-add investor seeking strong in-place cash flow with meaningful upside ahead, 1081 Cherry Avenue delivers day-one income, a below-market rent profile with room to grow, and the kind of returns that get stronger over time as rents are pushed to market through natural turnover.

1081 Cherry Avenue, Long Beach

1567 Elm, Long Beach
$995,000
TR26178658 MLS ⋅ Pending Status
THREE VACANT UNITS – TURNKEY & READY FOR IMMEDIATE OCCUPANCY Attention investors, large families, owner-users and 1031 Exchange buyers! Start collecting market rents right away! This charming Craftsman 3-unit property combines classic character with modern amenities, with all three units delivered vacant, offering the opportunity to establish market rents, create a multi-generational living arrangement, or live in one and rent the others. Recently refreshed throughout with new kitchens, new windows, new flooring, fresh paint and remodeled bathrooms. The front unit features 2 bedrooms, 1 spacious bathroom, large living room, formal dining room, laundry room, A/C, ductless heat and a beautiful front porch perfect for relaxing. The Junior ADU/Studio offers a kitchen, bathroom, washer/dryer hookups, A/C and heat—ideal for extended family, guests or additional rental income. The rear unit features 2 bedrooms, 1 bathroom, a large living room and a versatile bonus room perfect for a home office, gym, nursery or flex space. Situated on a large gated lot, the property provides generous separation between units for added privacy and comfort. A detached garage with alley access adds convenience and additional possibilities. Located just few short blocks from Long Beach Polytechnic High School, Theodore Roosevelt Elementary and minutes from Downtown Long Beach, Aquarium of the Pacific, The Pike, Queen Mary, Shoreline Village, parks, public transportation, restaurants, coffee shops, breweries, shopping and entertainment. Three vacant turnkey units are all legal, a large gated lot and a prime Long Beach location make this a rare opportunity for investors, owner-users, large families and 1031 Exchange buyers! The lawn has been digitally enhanced to show the potential.

1567 Elm, Long Beach

724 Elm Avenue, Long Beach
$799,000
5 Beds ⋅ 2 Baths ⋅ SB26158814 MLS ⋅ Pending Status
Welcome to this classic old charmer featuring traditional wood shingle siding, high ceilings, and an abundance of windows that fill the home with natural light. This spacious residence offers five bedrooms, two bathrooms, and a versatile den, perfect for a home office, study, or flex space, and just a few minutes from the ocean. Additional features include an ornamental fireplace, dual-pane windows, and a private fenced patio ideal for outdoor entertaining or relaxing. The functional floor plan includes one bedroom and one full bathroom on the main level, providing flexibility for guests, extended family, or multigenerational living. Ideally located near the Civic Center, Arts District, shopping, dining, and popular beach attractions, this home combines timeless character with everyday convenience and is ready for its next owner to make it their own. This home is located in a census tract that qualifies for a $20,000 grant and special financing through City National Bank for qualified buyers.

724 Elm Avenue, Long Beach

748 Daisy Avenue, Long Beach
$725,000
2 Beds ⋅ 2 Baths ⋅ PW26148903 MLS ⋅ Pending Status
Thoughtfully restored 1905 Queen Anne Victorian located in the Willmore City Historic District. Rich in period character and updated for modern living, this stunning home welcomes you with its inviting front porch, original leaded-glass windows, period-style stained-glass windows, and quarter-sawn oak hardwood floors. Its remodeled kitchen features period-style cabinetry with soft-close drawers, a farmhouse sink, counters with an inset marble pastry slab, and a vintage Wedgewood stove. Both light-filled bedrooms have upgraded ensuite baths, including a classic clawfoot tub in the primary suite. ***Improvements include a new foundation, insulation, central AC and heat, electrical wiring, copper plumbing, and a tankless water heater. Outside, a shaded pergola creates an inviting setting for dining and relaxing, while a complementary period-style storage shed and 2-car driveway add practicality.*** The home has been a longtime participant in the annual Willmore City Historic Homes Tour, showcasing its careful appreciation for its architectural heritage. Near Drake Park and the historic Bembridge House, this distinctive and meticulously restored home offers a rare opportunity to own a piece of Long Beach history.

748 Daisy Avenue, Long Beach

1336 Locust Avenue Unit 5, Long Beach
$710,000
3 Beds ⋅ 4 Baths ⋅ PW26215771 MLS ⋅ Pending Status
NEW CONSTRUCTION! Modern three-story townhome living in a new 36-unit community in Long Beach, conveniently located near Locust Avenue and 14th Street. Plan A offers a smart, functional layout designed for today’s lifestyle, with three bedrooms, 3.5 bathrooms and a private 2-car garage. The first floor features a welcoming ENTRY LEVEL Bedroom 3 with its own full bath, and direct access to the attached garage—ideal for guests, a home office or flexible living space. The second floor is the heart of the home, featuring an open-concept family room, dining area and contemporary kitchen, plus a convenient powder room and private balcony for indoor-outdoor enjoyment. The third floor offers a spacious primary suite with private bath, an additional bedroom and full bath, plus a conveniently located laundry area. Thoughtfully designed open concept living with a private balcony makes this home private and functional. New construction means you can enjoy contemporary finishes, a fresh start and the opportunity to make the home their own. An excellent opportunity for first-time home owners tired of wasting money on renting, professionals or those seeking a low-maintenance new-construction lifestyle. You are moments from iconic beaches, vibrant waterfront at The Pike and world class dining along Pine Avenue. Plus miles of scenic bike paths bathed in sun and sea. All photos are of model home.

1336 Locust Avenue Unit 5, Long Beach

1336 Locust Avenue Unit 3, Long Beach
$695,000
3 Beds ⋅ 4 Baths ⋅ PW26167879 MLS ⋅ Pending Status
New construction full of coastal charm and convenience. Discover this enclave of just 36 NEW CONSTRUCTION townhomes nestled in a walkable, tree-lined neighborhood just minutes from the Pacific in the heart of Long Beach, close to parks, shopping and dining. Welcome into the light and bright en-suite bedroom off of the two car side-by-side garage. Upstairs is effortless living in this stunning open concept townhome, designed with a large great room with a half bath. The kitchen offers white quartz countertops, Whirlpool stainless steel appliances and a breakfast bar. Step outside your kitchen to your private deck, ideal for unwinding with a good book while the gentle ocean breeze rolls through. Upstairs there are two generous primary suites offering space to stretch out at the end of the day each with private bathrooms. You will love the 9 foot ceilings throughout plus a two car direct access garage. Solar power is included to help you with your energy costs too! Ready to experience it? You are moments from iconic beaches, vibrant waterfront at The Pike and world class dining along Pine Avenue. Plus miles of scenic bike paths bathed in sun and sea. All photos are of model home.

1336 Locust Avenue Unit 3, Long Beach

1200 Gaviota Unit 204, Long Beach
$479,000
2 Beds ⋅ 2 Baths ⋅ PW26080344 MLS ⋅ Pending Status
FHA APPROVED with SB326 Balcony inspections and repairs completed! Just minutes from Rose Park, Retro Row, Downtown Long Beach, and the beach, welcome to 1200 Gaviota Ave. #204. This desirable second-level residence offers a spacious open floor plan with laminate flooring throughout the main living areas and bedrooms. The inviting living room features a cozy gas fireplace and opens to a private balcony, creating an easy indoor-outdoor flow. The kitchen includes stainless steel appliances, a raised breakfast bar, and a separate dining area, making it ideal for everyday living and entertaining. Both bedrooms are generously sized and feature ductless heating and air conditioning for year-round comfort. The primary suite offers a walk-in closet, ensuite bathroom with dual sinks, and direct balcony access. Additional highlights include in-unit laundry, a full hallway bathroom, two assigned subterranean parking spaces, gated entry, visitor parking, a courtyard with BBQ and picnic areas, and a fitness area. A fantastic opportunity to enjoy coastal living near some of Long Beach’s most vibrant neighborhoods.

1200 Gaviota Unit 204, Long Beach

1230 N Saint Marys Court, Long Beach
$399,999
2 Beds ⋅ 2 Baths ⋅ OC26091372 MLS ⋅ Pending Status
Welcome to 1230 N. Saint Mary’s in Long Beach, a prime investment opportunity in a highly desirable Saint Mary’s location. This 2 bedroom, 1 bathroom single family residence offers exceptional upside potential for both investors and owner users looking to create value. The property is currently tenant occupied with long term, reliable tenants, providing immediate income stability while you plan future improvements. With the right renovations and updates, this home presents a strong opportunity to build instant equity and significantly increase overall value. Situated on a generously sized lot, there is ample space to accommodate parking for 4 to 5 vehicles, a rare and valuable feature in this area. The layout and lot size may also lend themselves to additional possibilities for expansion or reconfiguration, adding to the property’s long term appeal. Located in the heart of Saint Mary’s hospital area, the home offers convenient access to public transportation, major commuter routes, shopping, dining, and local amenities, making it an attractive option for tenants and future occupants alike. Priced to reflect its current condition, this is an excellent opportunity for investors seeking a value add property with strong fundamentals, reliable tenancy, and significant upside in a sought after Long Beach neighborhood. This home may only qualify for a cash sale or FHA 203K.

1230 N Saint Marys Court, 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.