Downtown Area, Alamitos Beach (4) Real Estate

Downtown Area, Alamitos Beach (4) Real Estate

Welcome to the vibrant Downtown Area of Long Beach, California, where urban sophistication meets coastal charm. This bustling district is a treasure trove of cultural experiences, offering a unique blend of entertainment, dining, and shopping, all while being just a stone's throw away from the stunning Alamitos Beach.

The Downtown Area is known for its dynamic atmosphere, featuring iconic landmarks such as the Long Beach Convention & Entertainment Center and the historic Art Theatre. Stroll along Pine Avenue, where you’ll discover an array of trendy boutiques, art galleries, and mouthwatering eateries that cater to every palate. Whether you’re in the mood for a casual brunch or a fine dining experience, the culinary scene here is sure to impress.

Just a short walk from the heart of Downtown lies Alamitos Beach, a serene stretch of golden sand that beckons beach lovers and sun-seekers alike. This picturesque shoreline is perfect for a leisurely day of sunbathing, beach volleyball, or simply enjoying a sunset stroll along the water's edge. With its family-friendly atmosphere and scenic views, Alamitos Beach is an ideal spot for picnics, water sports, and making unforgettable memories.

Living in the Downtown Area means you’re never far from the action, with a vibrant nightlife scene and community events that foster a sense of belonging. From the annual Long Beach Pride Festival to the lively farmers' markets, there’s always something happening.

Discover the charm of Long Beach, where the Downtown Area and Alamitos Beach come together to create an unparalleled lifestyle that celebrates the best of coastal California living. Explore, enjoy, and make this thriving community your new home!

Newest Listings in Downtown Area, Alamitos Beach (4)

$3,900,000
PW26209030 MLS ⋅ Active Status
1019 Lewis Avenue presents the opportunity to acquire a substantially renovated 16-unit multifamily property offering strong in-place cash flow, a stable income profile and additional rental upside in a highly walkable north Downtown Long Beach location. Offered at $3,900,000, the property generates a 7.00% current cap rate, with upside to a 7.59% market cap rate as rents move toward market levels. Ownership has invested approximately $400,000 in capital improvements, significantly reducing near-term capital expenditure requirements for a new investor. Fifteen of the property's 16 units have been fully renovated, while major building improvements include a new roof on one building, a newly sealed roof on the second building, a new 400-amp main electrical panel, upgraded subpanels and majority copper plumbing. The property features a highly desirable unit mix consisting of (14) 2BD/1BA units and (2) 1BD/1BA units. Current rents average $2,168 per unit, compared with projected market rents of ~$2,325, representing approximately 7% overall rental upside. Scheduled rental income has the potential to increase from $416,300 to $446,400 annually as rents are brought toward market levels. The property benefits from a stable income profile, with the majority of residents participating in HACLA or HACLB housing assistance programs. This provides an attractive combination of dependable rental income and continued organic upside as below-market rents are adjusted over time. Two newly constructed ADUs have already been incorporated into the property, increasing the asset's income-producing unit count while demonstrating the property's ability to accommodate additional density. Ownership has identified the potential for additional ADU development, providing a future investor with another avenue for long-term value creation beyond the existing rental upside. At the $3,900,000 offering price, 1019 Lewis generates $269,099 in current NOI, equating to a 7.00% current cap rate and 9.12 GRM. At projected market rents, NOI increases to ~$295,866, supporting a 7.59% market cap rate and 8.52 GRM. The combination of strong day- one yield and ~$27,767 in additional NOI potential provides investors with meaningful current income without relying on an extensive renovation or repositioning program. Located just north of Downtown Long Beach, 1019 Lewis provides convenient access to the city's employment centers, shopping, dining, transit and ocean.

1019 Lewis, Long Beach

$895,000
2 Beds ⋅ 2 Baths ⋅ OC26211246 MLS ⋅ Active Status
A RARE FIND IN THE HEART OF LONG BEACH! Experience upscale urban living in one of Long Beach’s most distinctive residences—an exceptional two-level loft uniquely converted from the historic 1924 Ebell Theatre into an exclusive collection of just 11 homes. One of the larger units in the building, this extraordinary property combines dramatic architecture, modern upgrades, and an expansive open floor plan designed for effortless entertaining. Soaring approximately 25-foot ceilings, exposed “I” beams, polished concrete floors, custom lighting, and ceiling fans create an impressive sense of scale and character. The gourmet kitchen features granite countertops, a commercial-style range, stainless steel appliances, expanded cabinetry, and a beautiful backsplash. A custom Culligan water filtration system, connected directly to the main water supply serving the unit, provides filtered water throughout the home. The upper level offers a spacious bedroom with a rare oversized walk-in closet featuring an abundance of custom storage—a truly unique feature that sets this residence apart, as no other unit in the building offers the same configuration. Also upstairs is a private office/possible second bedroom, another exclusive feature not found in the other residences. The upper level also includes a versatile retreat, powder room, and access to the rooftop deck. A skylight with a rain sensor and blackout shade brings natural light into the home while providing convenience and privacy. The beautifully upgraded main-level bathroom features a double vanity, walk-in shower, soaking tub, and elegant marble flooring. Enjoy indoor-outdoor living with a private balcony offering views toward Signal Hill, plus a rooftop deck with expansive Los Angeles-area views. Additional amenities include in-unit laundry, two deeded secured parking spaces, guest parking, and a fitness room. With its historic architecture, dramatic scale, exceptional storage, private office/second-bedroom option, this is a truly one-of-a-kind Long Beach residence. Perfect for entertaining and rarely available—don’t miss this extraordinary opportunity!

1100 E 3rd Unit 204, Long Beach

$1,375,000
OC26209184 MLS ⋅ Active Status
328 West 8th Street is an 8-unit multifamily investment property located in Long Beach, California. 328 West 8th Street features an efficient unit mix consisting exclusively of studio apartments, with all 8 units having undergone extensive interior renovations. While finishes vary slightly by unit, the interiors generally feature vinyl plank flooring, shaker-style cabinetry, quartz countertops, subway tile backsplashes, stainless-steel appliances, range hoods, modern ceiling fans and updated paint. Bathrooms have also been modernized with tile flooring, updated showers and contemporary vanities. Seven of the eight units are equipped with in-unit washers and dryers. Ownership has invested more than $400,000 in capital improvements throughout the property, including substantial upgrades to both the interiors and exterior, resulting in a heavily modernized asset with significantly reduced near-term renovation requirements for a new owner. The property has been professionally managed and maintained, with electrical subpanels updated in 2024. The main electrical service is reported to be 200 amps, subject to buyer verification. From an operating standpoint, utilities are master-metered and currently paid by ownership, providing an opportunity for a future owner to implement a RUBS program and recover a portion of these expenses. Market underwriting assumes utility reimbursements of $50 per unit per month, creating an additional source of income while helping offset ownership’s utility costs. Located along a quiet, tree-lined residential street just blocks from Downtown Long Beach, 328 West 8th Street offers residents convenient access to shopping, dining, entertainment and everyday services. The property earns a Walk Score of 90, supporting a highly walkable lifestyle, while nearby access to the I-710 Freeway provides connectivity to employment centers throughout Long Beach and the surrounding region. With its renovated studio units, in-unit laundry in nearly every residence, completed electrical improvements and highly walkable Downtown-adjacent location, 328 West 8th Street offers a well-maintained multifamily asset with established improvements and an opportunity to enhance operating income through utility reimbursements.

328 W 8th Street, Long Beach

$850,000
2 Beds ⋅ 2 Baths ⋅ PW26204588 MLS ⋅ Active Status
Welcome to the Picasso Loft, where home, creativity, and city living come together. Located within Long Beach's historic Temple Lofts, this two-bathroom loft has been thoughtfully redesigned and fully renovated into a flexible space for living, working, creating, entertaining, and recharging. **THE SPACE**An expansive 1951 sqft loft with a versatile collection of spaces. At the entrance, a film and podcast studio with professional lighting, a built-in ceiling grid, and track-mounted sound curtains. Further in, built-in sitting nooks and hidden storage—including a floor-to-ceiling reading nook, a California Closets primary walk-in closet, and 2 more closets, all with barn doors—make the home as functional as it is imaginative. The redesigned kitchen pairs Neolith countertops, stainless-steel appliances, including a wine refrigerator, under-counter refrigerators plus freezer, and a six-burner double-sided Thor oven, flowing into a dining and entertaining area. The family room features a ceiling-mounted projector, retractable screen, sound bar, modular seating, and room to gather. The second bedroom is currently set up as a fully equipped gym. The main bathroom centers a custom neon-style take on Picasso's Grasshopper drawing, a playful nod to the loft's 'locust' address. The second bathroom was added for hosting as much as daily living. Two office spaces and the primary bedroom round out the layout, cleanly separating work and life. Outside, the private patio offers views toward Signal Hill—a peaceful spot minutes from downtown Long Beach, Pine Avenue, and The Queen Mary.**TECHNICAL DETAILS**Customized for style, efficiency, and comfort, the Picasso Loft includes full smart home automation—track lighting throughout, Bluetooth/app phone entry, and thermostat control. A personal 50A EV charging plug is installed at the 2 deeded underground parking spaces, plus full internal water shutoffs. The seller will provide a website with upgrade history, manuals, and renovation photos/videos for the new owner.**BUILDING**Temple Lofts offers underground parking with 2 deeded spaces, guest parking, 2 freight elevators, basement storage, a community gym, game room, multiple BBQ areas, fire pit, future spa plans, on-site management, and a beautifully preserved historic lobby—all reservable for special gatherings.**FURNISHINGS**The loft may also be purchased fully or partially furnished, including many of the pieces shown, for a truly turnkey move-in experience.

835 Locust Unit 518, Long Beach

$255,000
1 Baths ⋅ PW26203833 MLS ⋅ Coming Soon Status
Historic Character, Elevated Views & a Rare Opportunity: Bring your vision to this high, 11th-floor studio in the iconic Beaux-Arts style Cooper Arms Building, where more than a century of Long Beach history meets an exceptional Downtown location. Be the next prestigious owner to enjoy one of the first structures to be designated a Long Beach Historical Landmark in 1980 and later being added to the National Register of Historic Places in 2000. Sunlight, elevated outlooks, and a private balcony create an airy right-sized retreat above the city, with views toward the Long Beach Marina, Queen Mary, Palos Verdes Hill and the comforting grassy courtyard below. The residence is move-in ready or thoughtful improvements and cosmetic updates—an inviting opportunity to restore its character, tailor the space to your style, and unlock its full potential. Inside, the open studio layout offers flexible living and sleeping options, generous storage, a separate kitchen and bath, and classic details that provide a strong foundation for a creative refresh. Beyond the front door, the landmark 1924 building offers controlled-access, on-site property management, a gracious Grand Entry Salon, a landscaped courtyard with barbecue & picnic area, secure package lockers, community laundry in the basement and bicycle storage area, plus a celebrated top-floor Solarium and recreation space with sweeping panoramic views where residents can enjoy billiards, Wi-Fi, and breathtaking panoramic views. Step outside and experience the best of bike-friendly coastal city living: the beach, East Village Arts District, Ocean Boulevard, Pine Avenue, Shoreline Village, Rainbow Harbor, the Convention Center, Terrace Theater, Aquarium of the Pacific, dining, vibrant nightlife, and mass transit are all close at hand. The condo has also provided a steady source of rental income in the recent past, adding an established investment dimension to its appeal; prospective buyers should independently review rental records, HOA rules, local regulations, and future income potential. Whether envisioned as a primary retreat, weekend escape, income-property opportunity, or renovation project, this is a distinctive chance to own a high-floor residence in one of Long Beach’s most recognizable historic addresses. Available Parking options in the nearby area. This property is offered in its present as-is condition.

455 E Ocean Boulevard Unit 1106, 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.