Downtown Area, Alamitos Beach (4) Homes with Two Levels Stories

Downtown Area, Alamitos Beach (4) Homes with Two Levels Stories

Welcome to the vibrant Downtown Area of Long Beach, California, where urban sophistication meets coastal charm. Nestled along the picturesque shoreline of Alamitos Beach, this dynamic region is a tapestry of culture, entertainment, and stunning ocean views. The Downtown Area boasts a lively atmosphere, with trendy cafes, eclectic shops, and a thriving arts scene that invites residents and visitors alike to explore its many offerings.

Alamitos Beach, just a stone's throw away, is a beloved destination for sun-seekers and water enthusiasts. With its soft sandy shores and inviting waves, it’s the perfect place to unwind or engage in various recreational activities. Imagine starting your day with a scenic walk along the beach or enjoying a sunset picnic with friends and family. The proximity to the ocean enhances the allure of this area, making it a sought-after location for homebuyers.

For those considering a new home in this vibrant locale, you'll find a delightful selection of two-story residences that perfectly blend style and functionality. These homes offer spacious layouts, ideal for families or anyone who appreciates the luxury of extra space. With multiple levels, you can enjoy designated areas for relaxation, work, and entertainment, all while basking in the coastal breeze that fills your living space.

Whether you’re drawn to the bustling energy of Downtown or the serene beauty of Alamitos Beach, this region offers a unique lifestyle that seamlessly combines the best of urban living with the tranquility of beach life. Come and discover your dream home in this enchanting part of Long Beach!

Newest Downtown Area, Alamitos Beach (4) Homes with Two Levels Stories

$2,140,000
12 Baths ⋅ 26869467 MLS ⋅ Active Status
2nd Price Reduction! 12 Renovated Non-Rent Controlled units only ~3 blocks away from the Ocean cash flowing at an amazing Current Cap Rate of 6.5% from day 1 with easily achievable upside to 8.1% Cap Rate on Proforma. Priced at only 178k per unit for a Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) paving a clear way to reach market rents and the 8.1% Proforma Cap Rate in the near future. The property features 12 Spacious and easy to rent studios each with their own separate kitchen and bathrooms. Select units have been upgraded with updated cabinets, flooring, kitchens, bathrooms, as well as exterior improvements including renovated hallways. The property also offers on-site laundry which has been remodeled and generates additional income. Located in the heart of Downtown Long Beach, just steps from the East Village Arts District, Alamitos Beach, the Long Beach Convention Center, Aquarium of the Pacific, Queen Mary, and the Beach! Highly walkable area surrounded by shops, restaurants, and major transit lines, the property combines steady cash flow with exceptional long-term upside in a prime coastal urban corridor.

623 E Broadway, Long Beach
$1,300,000
PW26168879 MLS ⋅ Active Status
421 Rose Place is a recently renovated four-unit apartment property ideally located near Long Beach’s popular 4th Street and Retro Row district. The property features 4 spacious, identical 3-bedroom, 1-bathroom units, providing a highly desirable and consistent unit mix with strong rental demand. Each residence has been thoughtfully renovated and includes convenient in-unit washer and dryer hookups. All units also have their own individual water heaters, allowing for separate utility control and added convenience. Newer windows have been installed throughout the property. Major building systems have been updated, including the electrical and plumbing systems, along with a new silicone roof system. Additional exterior improvements include newer stucco and a black double-metal security gate with a separate pedestrian entrance, providing added privacy, curb appeal, and controlled access. The property also includes a two-car tandem parking space. Located just moments from Retro Row, residents enjoy convenient access to one of Long Beach’s most distinctive shopping, dining, and entertainment destinations. The neighborhood is known for its walkable atmosphere, locally owned boutiques, vintage shops, restaurants, cafés, art galleries, and nightlife, making it a highly desirable place to live. With its 4 spacious and identical 3-bedroom units, recent renovations, updated major systems, individual water heaters, improved exterior, and prime Long Beach location, 421 Rose Place presents a compelling investment opportunity with strong rental fundamentals and long-term value.

421 N Rose, Long Beach
$434,550
1 Beds ⋅ 2 Baths ⋅ PW26168666 MLS ⋅ Active Status
1 BEDROOM + 1.5 BATHROOM + 2 LEVELS + PRIMARY BEDROOM BALCONY + GROUND FLOOR PATIO + 993 SQFT + 1 STORAGE CAGE! Jump at your chance to own one of the most unique luxurious condos at The Promenade Walk! Rare corner location, 2 level home appointed with all of the luxury items you deserve to spoil yourself! 993 sqft! Living Area: all hardwood floors! Tile in bathrooms & bedroom carpet. Large relaxing patio at ground level entry, stairs lead up into the living room and kitchen retreat, down the hall the 2nd bathroom and further down the primary bedroom retreat and primary bathroom retreat. Primary bedroom retreat has a tall, wide windows & its own balcony retreat. Additionally, primary bathroom retreat has dual sinks & a custom California walk-in closet! Kitchen is equipped with a stainless-steel package for appliances and large kitchen island for barstool seating. The spacious living room retreat and nook have tall, wide windows that maximize southern exposure and give sweeping views! Upgraded custom lights and paint throughout. Includes 2 parking spaces and a spacious storage cage! HOA includes FIOS Internet, basic cable, water and trash. 2 assigned gated underground parking spaces! 1 large, assigned storage cage inside the building as well. Complimentary guest parking & EV Stations! 1 huge separate storage room! PET Friendly building. Modern club room w/ TV, sofas, pool table, shuffleboard, full kitchen, outdoor social patio bar, courtyard lounge w/ fireplace, gym & yoga room. 0-5 blocks away from everything! Beach, boardwalk, restaurants, museums, grocery stores, shopping, freeways & entertainment, farmers markets, Annual Grand Prix, Host of several 2028 Olympics Events, The Pike, Nike, H & M outlets, marina, Queen Mary, jet skis, boat rentals, paddle boarding, Pine Ave, 2md St./Belmont Shore!

133 The Promenade N Unit 105, Long Beach
$619,000
2 Beds ⋅ 2 Baths ⋅ PW26161761 MLS ⋅ Active Status
Welcome to Long Beach’s vibrant Downtown urban oasis: The Promenade. The Promenade is a sophisticated luxury urban development with community spaces including a well appointed gym and yoga space, a modern club house with a kitchen, pool table and media center. The outdoor courtyard lounge and fireplace are an ideal place to meet friends or enjoy a book. The 2 bedroom, 2 bath condo has a bedroom, closet and full bathroom on the first floor. The second floor has an open concept living and kitchen area, spacious bedroom and laundry. Long Beach's vibrant downtown offers the experience of a large beach city - bike paths, walking paths and refreshment stations, the Queen Mary, Aquarium of the Pacific, the Pike Outlets and Shoreline Village.

133 The Promenade N Unit 107, Long Beach
$699,000
PW26159198 MLS ⋅ Active Status
Opportunity to own a well-maintained duplex featuring two units, 1007 Lewis Ave and 1009 Lewis Ave. The top unit at 1007 Lewis Ave. offers 2 Bedrooms, with an extra room that provides flexibility and is ideal for use as a home office, nursery, guest room or additional 3rd bedroom. The unit features fresh interior paint, a bright living space, and an outside washer & dryer area. The first floor unit at 1009 Lewis Ave. offers a, 1 Bedroom and 1 Bath unit, inside laundry, creating a practical layout. Both units have been refreshed, ceiling fans , counter tops & cabinets in kitchens & baths, tile and lovely wood laminate flooring. Outside there is a storage unit, security fence, and a shared backyard patio and entertaining area. This income-producing property is just minutes from the Hip East Village, Alamitos Beach, dining and public transportation. Walk to Medina's Bakery, La Bodega #2 for fresh meat, fruits and vegetables, Tacos at Chemas Place and fresh coffee and donuts at Tasty's and even a barber shop around the corner! Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this duplex presents an excellent opportunity. Parking spaces for rent across the street at Colonia Tires and Auto Repair for $80/month.

1007 Lewis Avenue, Long Beach
$859,000
5 Beds ⋅ 2 Baths ⋅ SB26158814 MLS ⋅ Active 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.

724 Elm Avenue, Long Beach
$475,000
1 Beds ⋅ 1 Baths ⋅ PW26154886 MLS ⋅ Active Status
Turnkey, fully furnished, and just blocks from the beach! This beautifully remodeled top-floor corner unit is currently operating as a successful short-term rental and is ready for its next owner to move in or start generating income immediately. Featuring 1 bedroom, 1 bathroom, abundant natural light, and a desirable corner location, this coastal retreat offers comfort, convenience, and investment potential all in one. Situated near Alamitos Beach, Bluff Park, downtown Long Beach, dining, shopping, and entertainment, you'll be perfectly positioned to enjoy the best of coastal living. A rare investment opportunity, especially with all the exciting events to come in Long Beach. Whether you're seeking a beachside getaway, full-time residence, or income-producing property, this one checks all the boxes. Sold fully furnished and ready to generate income from day one.

1036 E 2nd Street Unit 11, Long Beach
$2,165,000
12 Beds ⋅ 11 Baths ⋅ 26853651 MLS ⋅ Active Status
PRICED REDUCED TO SELL AT 9.5 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9.1 GRM and 7.4% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.

727 Olive Avenue, Long Beach
$3,475,000
14 Beds ⋅ 14 Baths ⋅ 26853641 MLS ⋅ Active Status
PRICED TO SELL - 9.3 GRM and 7.0% CAP at market rents. 14 units in prime Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7% total). Located blocks from the ocean, all units have been tastefully remodeled and 12 of the 14 units feature in unit W/D's. The front building was constructed in 1913 and the rear structure in 1956. All units were updated in 2020 including new kitchen cabinets, counter tops, updated bathrooms and flooring. Many units have private outdoor patios/spaces. The building was also recently painted green. The property features 5 garages, 1 carport and 2 open parking spaces. The 5 garages in the rear could potentially be converted into 2 new ADU's - Buyer to verify. Currently no tenants pay for parking, it is included as part of their lease. The front building (8 units) is master metered and the rear building (6 units) is separately metered for utilities. The property has an 87 Walkscore as well. Based on area rental comps, there is approximately 11% rental upside, allowing an owner to achieve a 9.35 GRM and 7.0% CAP once rents are leveled to market. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is also undergoing a $37MM remodel in preparation for the 2028 Olympic Games.

1142 E 1st Street, Long Beach
$1,395,000
2 Beds ⋅ 3 Baths ⋅ OC26141010 MLS ⋅ Active Status
Prominently positioned in The Pacific, you will find this unique one of a kind 2 level style condo with spectacular ocean views from every room. Splendid large living room with floor to ceiling mirrors, and wood laminate flooring opens up to an enormous balcony that extends the total length of the upper floor. Open gourmet kitchen has all the amenities and comes equipped with granite countertops, Sub-zero Refrigerator, and breakfast counter bar. This extensive 2 bedroom floor plan features the Master Bedroom with its own private ensuite bathroom with dual sinks, separate glassed-in shower and jacuzzi tub with marble surrounds. As one descends into the staircase to the lower level, you will find another large bedroom, full bathroom and direct beach access. Just outside the sliding doors at this level is an outdoor firepit, barbeque and lush lawn area. This is a once-in-a-lifetime living experience to enjoy resort-style living in the perfect beach home!

850 E Ocean Boulevard Unit B3, Long Beach
$1,700,000
PW26135310 MLS ⋅ Active Status
Rare Long Beach multifamily investment opportunity featuring five well-designed units on a spacious lot in a highly desirable rental market. This income-producing property includes four 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit above six garages in the back, offering an attractive unit mix with strong upside potential. Ideally located near shopping, restaurants, schools, public transportation, and major freeways, this is an exceptional opportunity for investors seeking stable cash flow and long-term appreciation. PLEASE DRIVE BY ONLY!

1224 E 17th Street, Long Beach
$315,000
1 Beds ⋅ 1 Baths ⋅ SB26140329 MLS ⋅ Active Status
I am pleased to introduce you to the property at 728 Cedar Ave #10. This charming one-bedroom condo is currently the only available unit within this gated community. The residence is ideally located minutes from the beach, local dining, and shopping centers. Its proximity to the Blue Line, Shoreline Village, and major freeways provides efficient access to LAX, Long Beach Airport, and Orange County. The interior features original hardwood flooring, fresh paint, and new appliances, including a stove and refrigerator. The monthly HOA fee of $245.45 covers water, trash, and sewer services. Please let me know if you have any questions or if you would like to schedule a viewing. I look forward to your response.

728 Cedar, 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.