Long Beach Homes with Multi Family Subtype

Long Beach Homes with Multi Family Subtype

Welcome to Long Beach, California, a vibrant coastal city nestled in Los Angeles County, where the sun shines almost year-round and the Pacific Ocean beckons with its sparkling waves. Known for its rich maritime history, Long Beach boasts a unique blend of urban sophistication and laid-back beach vibes. With a thriving arts scene, diverse culinary offerings, and an array of recreational activities, this city is a true gem in Southern California.

For those considering a multi-family investment, Long Beach presents a fantastic opportunity. The city’s diverse neighborhoods offer a variety of multi-family homes, ideal for both seasoned investors and first-time buyers looking to generate rental income. From charming duplexes nestled in quiet residential areas to modern apartment complexes near the bustling downtown district, there’s something for everyone.

Long Beach is not just about beautiful homes; it’s also about community. The city’s commitment to sustainability and green living is evident in its parks, bike paths, and waterfront areas, making it a desirable place for families and young professionals alike. With excellent schools, a robust public transportation system, and easy access to major freeways, residents enjoy both convenience and a high quality of life.

Investing in multi-family properties in Long Beach means becoming part of a dynamic community that values inclusivity and innovation. Whether you’re looking to expand your real estate portfolio or find a place to call home, Long Beach offers the perfect blend of lifestyle and opportunity. Come explore the possibilities today and discover why Long Beach is the ideal destination for your multi-family investment!

Newest Long Beach Homes with Multi Family Subtype

$1,550,000
SB26189366 MLS Active Status The Chestnut Avenue Apartments BLDG.
Welcome to 943 Chestnut Ave, a stunning multi-family income property in the heart of Long Beach, CA. Boasting an impressive 4,344 square feet of thoughtfully designed multi-residential living space on a spacious 7505SF rectangular lot with common driveway off of 10th Street. The property consists of six apartment units in two buildings, majority of tenants are paying market rent, offering an investor an established income stream from day one with an investment opportunity to acquire a stabilized multifamily asset without the immediate need to lease vacant units. Features 12 spacious bedrooms, 6 beautifully renovated kitchen and bathrooms offering ample space for comfortable living or investment opportunities. Inside, you'll find recently updated bathrooms and kitchens equipped with newer cabinetry, granite countertops, a gas stove, refrigerator, and a convenient breakfast bar for dining. The dual-pane windows fill the home with natural light, perfectly complementing the ceramic tile flooring in each apartment. The exterior of the property offers an array of inviting outdoor features, including a barbecue area, common patio, courtyard, terrace and Juliet viewing balcony. There are front patio areas and uncovered courtyard between the front and rear buildings provide additional space to relax and enjoy the both eastern and western exposure. Each unit has a wall heater and some units have window air conditioning units keeping the spaces cool and comfortable year-round. Convenience abounds with community laundry room onsite. This rare Long Beach gem combines functionality, style, and abundant amenities, making it an exceptional opportunity for multi-family living or as an investment property. Don’t miss your chance to explore the potential of this mult-residential 6 unit commercial apartment building offering before it goes live to the open market next week! Conveniently located in Long Beach's 90813 area, the property provides access to Downtown Long Beach, shopping, dining, employment centers, public transportation and major transportation corridors. 943–949 Chestnut Avenue presents an opportunity to acquire or do a 1031 exchange to a fully occupied and maintained 6-unit income property with market-rate rents, historic architectural character, upgraded interiors, freshly painted exterior, on-site laundry and parking for six vehicles. Professionally Managed with a Local Property Management Company and Financials Available Upon Request.

943 Chestnut 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.