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May
02


Income Property For Sale in Long Beach California-5+ Units

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Income Property For Sale in Long Beach California-5+ Units

Long Beach - Westside

Address: Read More

Cedar Ave
Long Beach, CA 90813

Price: $1,450,000

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MLS ID: P602451
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 10228

Agent Remarks:
This beautiful 14 units located in a great rental market. Excellent opportunity for investment.Large 10 units with 1bedroom/1bath and 4 units with 2bedroom/1bath. Fully occupied and there's room for rent increase......

Lot Info:
Sq Ft: 11247
Acres: n/a

Listing courtesy of: Coldwell Banker Best Team -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E Artesia Blvd
Long Beach, CA 90805

Price: $569,900

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MLS ID: P573207
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2952

Agent Remarks:
6 units, all 1br/1ba, tenant occupied - please do not disturb. All units with newer windows, newer paint, all units in good condition. All units are under market rent with long term tenants. Market rents should be $750 per month, off street parking.

Lot Info:
Sq Ft: 4382
Acres: n/a

Listing courtesy of: C-21 Landmark Properties -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Cedar Ave
Long Beach, CA 90806

Price: $1,200,000

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MLS ID: P648985
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7672

Agent Remarks:
This is a very well maintained 8-unit, 1987 construction property with tons of upside. All 2 Bedroom, 2 Bath units that average 960 sq ft, with W/D hookups, great interiors. Lowest Price per SQFT for 80's construction in LB. Future condo conversion exit strategy.

Lot Info:
Sq Ft: 6500
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

Gardenia Ave
Long Beach, CA 90806

Price: $579,000

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MLS ID: P655713
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5444

Agent Remarks:
The numbers work on this one! Six, Spacious 2-Bedroom, 1 Bath units about 900 sq. ft. each. This freshly-painted building is clean and ready to go!

Lot Info:
Sq Ft: 6447
Acres: n/a

Listing courtesy of: WG & Associates, Inc. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 2nd St
Long Beach, CA 90802

Price: $2,950,000

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MLS ID: U8004165
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 14293

Agent Remarks:
Assumable 6.5% fixed loan. Well maintained coastal property with $35,000 rental upside. Over $67,000 cash flow on current rents. Hardwood floors in all units (8 have been refinished), new windows in front, new hot water heater, security building, garages, upstairs decks refinished. Separately metered. 10.2 Times Gross on leveled rents. See attached flyer.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: TORELLI INVSTMNT. RLTY -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

N Almond Ct
Long Beach, CA 90813

Price: $599,000

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MLS ID: P655896
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3400

Agent Remarks:
Remodled 5 unit Property on mainly sfr street. New copper plumbing and new Electrical in all units. 4 Units were remodeled within the last year including small unit over garage. Tenants now pay own electrical and gas as electrical and separate gas water heaters now installed. Property was also 60 % re-framed. Unit over the garage was built three years ago from ground-up including new foundation. Mostly long term tenants. Property is well priced given current income. Potential to raise rents as well. Excellent Invesmtment for both short and long term.

Lot Info:
Sq Ft: 4247
Acres: n/a

Listing courtesy of: Pentimento Properties, Inc. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

Locust Ave
Long Beach, CA 90813

Price: $1,319,950

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MLS ID: P641924
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9334

Agent Remarks:
Super Investment property. Look at the Bedroom count. There are a total of 25 bedrooms in just 7 unit. This property would be ideal for a Home/Health care boarding center. The Property consists of 1-5 bedroom separate house, 1-4 bedroom separate house, 1-2 bedroom separate house, and a 4 plex with 2-3 bedrooms and 2-4 bedrooms in it. Tenants pay their own Gas & Electric. No Common laundry room thus no Gas bill and a very very low electric bill. There is room under the front 4 plex that could house several washers&dryers thus increasing the monthly income on property. The property has new tiled entryways, new tiled kitchens in most units, New tiled baths most units, New carpeting & fresh paint in most units, New kitchen & bath sinks, faucets etc, New light fixtures in most units. Great tenants always on time with rent. Close to everything, dining, entertainment, schools, shopping,public transportation and freeway friendly. New gates thruout for privacy and security for the tenants.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: C-21 Beachside -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

Lemon Ave
Long Beach, CA 90806

Price: $619,000

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MLS ID: R804243
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2334

Agent Remarks:
Good investment opportunity located in a quiet street in long beach, this multi familiar unit features a house in the front with 3 bedrooms and 1 bathroom and 4 apartments with 2 bedrooms and 1 bathroom each

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Realty Executives All Cities -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

W 7th St
Long Beach, CA 90813

Price: $1,999,999

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MLS ID: P648501
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 16124

Agent Remarks:
18 UNITS Newly remodel, good location, no VACANCIES, positive cash flow,,so make the offer,

Lot Info:
Sq Ft: 8246
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

N Washington Pl
Long Beach, CA 90813

Price: $625,000

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MLS ID: P650830
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3264

Agent Remarks:
The property is located in a prime rental area within walking distance of major thoroughfares. The property has a larger laundry facility and 5 single car garages located in the rear of the building. Separately metered for electric and gas. This is a probate sale and subject to court approval.

Lot Info:
Sq Ft: 6246
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Atlantic Ave
Long Beach, CA 90813

Price: $1,195,000

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MLS ID: Y800695
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6000

Agent Remarks:
Back on Market, Art Deco building in trendy east village, 8 units plus a single family home, seperate electirc meters, all units completely remodeled, new kitchen and bathrooms.

Lot Info:
Sq Ft: 4996
Acres: n/a

Listing courtesy of: St John Associates Realty Inc -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

E 15th St
Long Beach, CA 90804

Price: $649,000

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MLS ID: P638489
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2052

Agent Remarks:
5 UNITS, THREE GARAGES, STORAGE WITH KITCHEN AND FULL BATH PERMITTED AS STORAAGE/LAUNDRY ROOM WITH LARGE PATIO, NEW ROOF AND NEW WINDOWS LARGE LOT OWNER AGENT

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Unbelievable Real Estate -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Chestnut Ave
Long Beach, CA 90813

Price: $1,275,000

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MLS ID: P645540
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5650

Agent Remarks:
Well Maintained Building in Strong Rental Area Close to Shopping and Downtown Long Beach Activities. Blocks to Blue Line. Each Unit Has Individual Laundry Hookups and Water Heaters. Recent Upgrades Include New Front Windows, Partial Plumbing & Electrical, Wall Heaters, New Bathroom Vanities, Exterior Paint and Landscape/Irrigation. Many Long Term Tenants. Room to Increase Rents.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Southern Shores Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

W Cowles St
Long Beach, CA 90813

Price: $649,900

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MLS ID: P659881
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3744

Agent Remarks:
Have 4 singles @ $695. month and 2 two-bedrooms @ $995. month = $4,770 month plus $150 month approx laundry income = $4,920 month gross = $59,040 GSI = 11.0 times gross. Currently have 3 garages included with rentals at NO additional charge. Many upgrageds and improvements have been made in this building over the past few years. There is a prposed PARK being built to the east of subject which should increase the location's desirability; buyer to investigate & satisfy himself. ***PLEASE DO NOT DISTURB TENANTS***MAKE OFFER 'SUBJECT TO INSPECTON'***

Lot Info:
Sq Ft: 4129
Acres: n/a

Listing courtesy of: Boardwalk Properties -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Maine Ave
Long Beach, CA 90813

Price: $1,349,000

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MLS ID: P657259
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6994

Agent Remarks:
Very clean 12 unit pride of ownership building in great rental area of Wilmore/Drake Park. Property had extensive repairs completed with permits in 2004. Eight units have redone kitchens, baths, etc. Large assumable 1st of $925,000. or seller will carry a wrap to qualified buyer. good mix of 3 - 2bd's, 3 - 1bd's (2 of which have a bonus room), and 6 - Singles + 5 garages. 1 storeroom also rented. Rents can increas. All utilities are estimated in the water and sewer catagory. Expenses are estimated at 30% of rent. Great landscaping and overall condition. Market rents in the area are $1099 for 2bd's, $900 for 1bd's, and $765 for studios.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Buckingham Investments -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 6th St
Long Beach, CA 90802

Price: $650,000

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MLS ID: P648281
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3588

Agent Remarks:
The 6th Street Cottages are located north of Broadway and east of Atlantic Avenue, in the city of Long Beach. All the units are single story, cottage style rental homes. The property offers private patios and a freestanding storage/laundry unit. The buildings are individually metered for gas and electricity, with individual water- heaters for each unit.

Lot Info:
Sq Ft: 7496
Acres: n/a

Listing courtesy of: Morgan Skenderian -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

Euclid Ave
Long Beach, CA 90803

Price: $1,585,000

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MLS ID: P653969
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4856

Agent Remarks:
Property located in the heart of Belmont Heights with an exceptionally large lot. All are one bedroom units; all with beautiful hardwood floors. Two units have dens.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Equity Brokers -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Linden Ave
Long Beach, CA 90813

Price: $659,900

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MLS ID: P607789
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2188

Agent Remarks:
1914 Vintage 6 Unit Investment Opportunity! Property consists of (2) 2 Bedroom Units; (3) 1 Bedroom Units above the garage and a separte 1 Bedroom House. Three private garages plus 3 additional on-site parking spaces. The improvements on this property have been updated and well maintained. All units are separately metered.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Paul Kott Realtors, Inc. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

E Rhea St
Long Beach, CA 90806

Price: $2,295,000

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MLS ID: C102918
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12300

Agent Remarks:
Exellent mix, sale includes 532 & 542 E units, most units renovated, new exterior paint, good cash flow units on market, do not disturb tenants, drive by only, subject to inspection, moticated seller.

Lot Info:
Sq Ft: 12998
Acres: n/a

Listing courtesy of: CLAW Reciprocal Listings -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 4th St
Long Beach, CA 90802

Price: $675,000

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MLS ID: P621763
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4770

Agent Remarks:
Perfect owner occupied building. Large front house with 3 beds, large open remodled kitchen, and seperate garage. Rear building has large 1 beds all paying $850 each. Owner spent thousands on recent upgrades on both buildings. New roof, new rear stairs, copper repipe, drain lines, remodeled kitchens and many more.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Shore;Belmont Park;Naples

Address: Read More

Bayshore Ave
Long Beach, CA 90803

Price: $6,950,000

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MLS ID: R805760
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 20685

Agent Remarks:
Value add opportunity. Renovate and raise rents rents in this prime location. 13.2 GRM and 5.32% Cap Rate based on market rents. Property consists of three parcels/buildings with the additional addresses of 35-45 54th Place. The properties were built in 1947, 1953 and 1956. Most units have balconies and panoramic ocean and bay views. Four of the one-bedroom units have den's. The property features a central courtyard and 12 on-site parking spaces. Just steps to the sand. Substantial upside in rents. Trophy beach property. Barrier to entry coastal market. Irreplaceable location. Substantially below replacement cost. Rare opportunity.

Lot Info:
Sq Ft: 14635
Acres: n/a

Listing courtesy of: C B Richard Ellis -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Freeman Ave
Long Beach, CA 90804

Price: $719,000

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MLS ID: P659834
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 2438

Agent Remarks:
The subject property is conveniently located minutes from downtown shopping, restaurants, entertainment, and employment. The subject property was built in 1975 and has new paint and mature,tropical landscaping with on-site parking. Six out of the seven units were redone with most having tile throughout. Most units also include new refrigerators and stoves and have walk-in closets. This sharp building sits on a quiet cul-de-sac. Units are small but clean, nice and bright and are all one bdrm/one bath units. The subject property includes tenant parking. In addition, it is separately metered for gas and electricity. This is an excellent opportunity to acquire a high quality asset in a high demand rental market.

Lot Info:
Sq Ft: 5397
Acres: n/a

Listing courtesy of: -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Gladys Ave
Long Beach, CA 90804

Price: $1,199,000

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MLS ID: P635396
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6341

Agent Remarks:
Spacious one bedroom units. Fully occupied, easy to rent. Four Units are Furnished. Clean building in good rental area. Owner managed and cared for. Great for move up investor.

Lot Info:
Sq Ft: 6494
Acres: n/a

Listing courtesy of: ReMax College Park Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Westside

Address: Read More

Santa Fe Ave
Long Beach, CA 90810

Price: $739,000

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MLS ID: P644110
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3520

Agent Remarks:
VERY NICE INCOME PROPERTY. ALL 2BEDS/ 1BA, GOOD CONDITION, RECENTLY FUMIGATED,WONDERFUL TENANTS, HARDLY VACANT, SECURRITY GATES FRONT 7 BACK. CLOSE TO SCHOOL, SHOPPING, BUS STOP AND EASY ACCESS TO FREEWAY

Lot Info:
Sq Ft: 3999
Acres: n/a

Listing courtesy of: -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Magnolia Ave
Long Beach, CA 90806

Price: $1,232,900

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MLS ID: P649706
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8162

Agent Remarks:
EXCELLENT WRIGLEY TWELVE UNIT CORNER LOCATION BUILDING. EACH UNIT IS SEPERATELY METERED FOR GAS AND ELECTRICITY. LOW TURN-OVER AND EASY TO RENT. BUILDING HAS SWIMMING POOL. RENTS ARE ACTUAL, EXPENSES ARE ESTIMATED.

Lot Info:
Sq Ft: 5798
Acres: n/a

Listing courtesy of: Belmont Brokerage & Mgmt. INC. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 4th St
Long Beach, CA 90802

Price: $749,000

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MLS ID: P645340
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3479

Agent Remarks:
4 separete buildings in great area in Long Beach. 2 houses on front and coffie pot. On back is 2 units and 5 garages.

Lot Info:
Sq Ft: 7196
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Heights;Alamitos Heights

Address: Read More

Belmont Ave
Long Beach, CA 90804

Price: $1,295,000

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MLS ID: P651290
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5206

Agent Remarks:

Lot Info:
Sq Ft: 5535
Acres: n/a

Listing courtesy of: Phoenix Property Management -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Alamitos Ave
Long Beach, CA 90813

Price: $770,000

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MLS ID: P659943
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3234

Agent Remarks:
This six (6) unit building is an excellent turnkey opportunity with huge upside potential. Buyers looking for less maintenance will find the subject property a very desirable investment. This offering consists of a unit mix of five - one bdrm/one bath and one - two bdrm/one bath unit. Most of the units have renewed woodfloors, and the property also features seven parking spaces and driveway that have been repaved with new asphalt and all copper plumbing. Individually metered electric and gas keep expenses to a minimum There are very few investment opportunities that have the characteristics of 730 Alamitos in Long Beach. In a city of redevelopment, this desirable location with its great curb appeal, low maintenance and great unit mix complete the perfect opportunity for your next property acquisition.

Lot Info:
Sq Ft: 5349
Acres: n/a

Listing courtesy of: -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

W 4th St
Long Beach, CA 90802

Price: $1,325,000

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MLS ID: S540552
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8674

Agent Remarks:
Strong income and low expenses. ACTUAL INCOME & EXPENSES SHOWN, market rent used for GRM/Cap. Desirable location just blocks to the beach brings quick turnovers. 100% occupied hardly ever vacant. Tenants pay trash, electrical, gas, and have separate water heaters! Located near the new Shoreline Village, Pine Ave shopping & eating, Aquarium and Trade Center. Three 4-plex buildings on one lot makes for low insurance cost and easy management.

Lot Info:
Sq Ft: 5249
Acres: n/a

Listing courtesy of: Century 21 Beachside Realtors -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Locust Ave
Long Beach, CA 90813

Price: $789,000

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MLS ID: P640210
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4440

Agent Remarks:
GREAT INVESTMENT PROPERTY! 8 UNITS: 2 SEPARATE BUILDINGS- FRONT BUILDING HAS 5 UNITS AND REAR BUILDING HAS 3 UNITS. WELL-MAINTAINED BUILDING, STRONG REANTAL AREA, AND LONG TERM TENANTS.

Lot Info:
Sq Ft: 7196
Acres: n/a

Listing courtesy of: First Team Real Estate -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Martin Luther King Jr Ave
Long Beach, CA 90813

Price: $1,425,000

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MLS ID: P645731
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7096

Agent Remarks:
Newer Building With Pink Slip for Condo Conversion and Exemption from City of Long Beach Conversion Fees. Plans, Association Documents & Budget Approved; Needs Only Bond Posting and Normal Renovations for Completion of Conversion. Each Unit has Balconey and Water Heater; 13 Parking Spaces with Remote Control Entry. Easy Rental Area with Low Vacancy and Long Term Tenants. Room to Increase Rents

Lot Info:
Sq Ft: 6500
Acres: n/a

Listing courtesy of: Southern Shores Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Saint Louis Ave
Long Beach, CA 90804

Price: $790,000

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MLS ID: P659612
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3909

Agent Remarks:
ASSUME SELLER'S 5.45% LOAN FIXED THROUGH APRIL 2013! Seller is also willing to carry some additional debt for the right buyer making this a perfect 1031 exchange property. This property has been completely remodeled and re-leased to good tenants by current ownership (assisted by one of the top companies in the city). The property is seperately metered for gas and electric. All units have be rehabilitated with new doors, windows, good exterior skin and recent paint, nearly all copper plumbing, upgraded kitchens and bathrooms.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Obispo Ave
Long Beach, CA 90804

Price: $1,499,000

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MLS ID: P654813
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6495

Agent Remarks:
Rare opportunity to own this well-maintained classic Spanish beauty with 12 ft ceilings and hardwood floors. Five huge 2 Bed/1Bath apartments on a 6,500 sq ft landscaped lot. Includes a 4 car garage, on-site storage, and plenty of street parking. Part of Rose Hills Historic District. Close to everything and just 8 blocks to the beach. Many upgrades too numerous to mention. Coin operated laundry included with property. Roof inspection done in November 2007. New heaters in each unit. Recently remodeled owner's unit A. Strong financials.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Shorewood REALTORS -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

E 25th St
Long Beach, CA 90806

Price: $798,000

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MLS ID: S527945
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3000

Agent Remarks:
5 - 1 Bedroom/1 Bathroom units & 5 1 car garages in quiet neighborhood. Each unit has its own water heater. Each tenant pays for their own trash, electric & water. No vacancy since rehabbed. Owner has done recent extensive renovations to property. Below market rents with potential to increase. Close to Long Beach Blvd., freeways & shopping.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: Trident Home & Commercial Rlty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Redondo Ave
Long Beach, CA 90804

Price: $1,695,000

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MLS ID: P645034
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9851

Agent Remarks:
OWNER WILL CARRY 1ST TRUST DEED. Tremendous East Side mid-centrury style commercial complex completely refurbished from top to bottom. Downstairs consists of 4,000 sq.ft. of commercial which is currently divided into three units. Could be 1,2,3 spaces. Upstairs consists of 5 residential units. 4 garages.The commercial rents are very conservative with a substantial amount of growth available. Current income is $11,798 per month. Very low owner expenses. Individually metered, except commercial units pay proportionally. Tenants pay all utilities, except water. All electric. Extremely low maintenance.Total monthly owner's expenses including water is $300 per month, plus PITI. Tremendous upside in commercial portion of building. Short term leases, well below market rent and NO TRIPLE NET LEASE.

Lot Info:
Sq Ft: 6247
Acres: n/a

Listing courtesy of: Rene Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Pine Ave
Long Beach, CA 90802

Price: $799,000

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MLS ID: P647333
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3400

Agent Remarks:
!!!!! 4 Individual cottages each having a total of (8) 1bd 1bth !!!! Newly painted & landscaped, very nice courtyard area, 4 separate garages in back. Rents are lower then market but great tenants.Separate metered. **** approx 11 gross with room to improve ****

Lot Info:
Sq Ft: 9000
Acres: n/a

Listing courtesy of: ReMax College Park Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Temple Ave
Long Beach, CA 90804

Price: $2,199,900

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MLS ID: P593003
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6496

Agent Remarks:
ATTENTION INVESTORS THIS DEAL IS REALLY FANTASTIC: ALL THE WORK IS DONE! ALL YOU HAVE TO DO IS WAIT FOR FINAL APPROVAL AND THEN SELL IT FOR THE HIGHER PRICE TO EXISITING TENANTS! Project Has A Tentative Tract Map Approved, The 180-Day Notice Has Been Served; We Already Apply For DRE Conditional Public Report (With CC&R And Budget In Place)And IS COMPLETELY REMODELED INSIDE AND OUT. There Is No Vacancy Right Now And Most Of The Existing Tenants Are Willing And Able To Buy.

Lot Info:
Sq Ft: 6302
Acres: n/a

Listing courtesy of: American Investment Properties -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

E 19th St
Long Beach, CA 90806

Price: $799,000

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MLS ID: P631005
Property Type: Residential Income
Status: Contingent

Beds: 0     Baths: 0     Sq Ft: 5652

Agent Remarks:
MOTIVATED SELLER, PRICE REDUCED!!Try with 20% Down and Assume First TD Loan $568,000, and seller to carry back 2nd for balance. Recently rehabbed property, all work done for you. Property surrounded by SFR, on a wide street, and easy access to Public Transportation and shopping. Large Units almost 600+ square feet. Expenses are estimated. PLEASE DO NOT DISTURB TENANTS, NOT AWARE OF SALE. CLICK MEDIA FOR SET-UP SHEET.

Lot Info:
Sq Ft: 3598
Acres: n/a

Listing courtesy of: Highmark Properties -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Rose Ave
Long Beach, CA 90813

Price: $2,495,000

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MLS ID: P656465
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 12170

Agent Remarks:
ATTENTION CONVERTERS/DEVELOPERS; THIS DEAL REALLY PENCILS AT A $300K PER UNIT EXIT PRICE. IF YOU KNOW YOUR COSTS YOU'LL SEE THERE'S PLENTY OF PROFIT OPPORTUNITY PICKING UP THIS PROJECT AT $156K PER UNIT. Excellent opportunity for an experienced Investor/Developer/Converter to take this approved project to the next level. The Owner has pushed a pencil; now the project needs someone to swing a hammer. This 16 unit project has two floor plans, one with an extended dining area, the other without. All units are 2 bedrooms, one bath. The project has a large subterranean secured parking lot with 21 parking spaces. The building is separately metered for gas & electric, and you can decentralize the hot water system when you convert, if you like. Project has an Tentative Tract Map approved by the City of Long Beach which is valid until 12/17/09.

Lot Info:
Sq Ft: 11310
Acres: n/a

Listing courtesy of: Mark Wilson, Broker -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Cedar Ave
Long Beach, CA 90806

Price: $815,000

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MLS ID: P634900
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4385

Agent Remarks:
Immaculate low maintenance building with tremendous upside on rents! Long term quiet tenants, low expenses make this a perfect property for a busy investor! Close to freeways and mass transit. Spacious units have been maintained with the utmost care. Ceramic tile counter tops in all kitchens and bath rooms, some units have tile flooring and pedistal sinks. Laundry equipment is owned by seller. Smooth plaster ceilings (no accoustic) in all units. Security doors on all units and security gates to the common area.

Lot Info:
Sq Ft: 5249
Acres: n/a

Listing courtesy of: ReMax Tiffany Real Estate -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Belmont Shore;Belmont Park;Naples

Address: Read More

E Ocean Blvd
Long Beach, CA 90803

Price: $3,500,000

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MLS ID: P624441
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7764

Agent Remarks:
OWNER WILL CARRY FIRST TRUST DEED. Rare! Rare! Rare! Ultra prime Ocean Blvd. Belmont Shore Complex w/ 10 units on 4 individual ocean view lots. Total of 11 garages, enormous yards and grounds. Potentially spectacular owner's unit, approx. 3,000 sq. ft. ocean view penthouse w/large terrace and attached double garage. Very unique & desirable property & very interesting potential for redevelopment for ocean view individual properties. Extremely low current rents w/at least 10% potential immediate upside. Please do not disturb tenants in any way. Drive by only.

Lot Info:
Sq Ft: 11543
Acres: n/a

Listing courtesy of: Rene Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Henderson Ave
Long Beach, CA 90813

Price: $849,000

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MLS ID: P645645
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8190

Agent Remarks:
Excellent investment property. Great rental area. Easy to manage. Completely renovated in 2004. Entire block being upgraded with new construction and renovation. Rents are actual.

Lot Info:
Sq Ft: 4696
Acres: n/a

Listing courtesy of: Keller Williams Coastal Prop. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Poly High

Address: Read More

Gundry Ave
Long Beach, CA 90813

Price: $540,000

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MLS ID: P654457
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5584

Agent Remarks:
Single family spanish style home with a four-plex behind it. The home has all the spanish style charm with arched doorways, coved ceilings and hardwood floors. The house has 3 bedrooms, 1 bath plus huge utility room (that could be 4th bedroom or family room). Each unit in the back is good sized with 1 bedroom, 1 bath and a room with utiltiy hookups. There are two units on the main level an two units upstairs.

Lot Info:
Sq Ft: 5759
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Rose Ave
Long Beach, CA 90813

Price: $849,000

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MLS ID: S521944
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4472

Agent Remarks:
Good unit mix in great rental area with amazing rehab work! (4) 2 bed/ 1 bath & (2)1 bed/1 bath all occupied at close to market rents. 2 year old rehab included all new copper plumbing, new electrical service and outlets in all units, new windows, doors, cabinets and floors. No deferred maintenance and tenants pay their own utilities. Including individual water heaters. Low expenses! Property has 4 garages on alley.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Century 21 Beachside Realtors -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Locust Ave
Long Beach, CA 90806

Price: $1,199,000

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MLS ID: R808197
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5384

Agent Remarks:
WELL MAINTAINED 2 STORY 8 UNITS APARTMENT BLDG, RECENTLY SPRUCED UP WITH A NEW ROOF & NEW FENCE, ENERGY EFFICIENT LIGHT FIXTURES, WINDOWS, REMODELED 3 UNITS W/ WOOD FLOORS, GRANITE KITCHEN COUNTER TOPS, TEXTURE WALL, LANDSCAPED WITH NEW SPRINKLER SYSTEM, 2 BR 1 BA UNITS AVERAGE 819 SF & THE ONE BR 1 BA AT 650 SF, LONG TERM TENANTS, RENTS BELOW MARKET WHICH ALLOW ROOM TO RAISE RENTS TO MAXIMIZE INCOME & RETURN, POSSIBLE ADDITIONAL INCOME FROM LAUNDRY EQUIPMENT, PLS DO NOT DISTURB TENANTS, DRIVE BY ONLY, OFFER SUBJECT TO INTERNAL INSPECTION.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: C-21 Wise Ol' Owl -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

Atlantic Ave
Long Beach, CA 90805

Price: $849,999

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MLS ID: P593078
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3404

Agent Remarks:
Beautiful '4 Season Manor' has 9 single bedrms; 3 double bedrms; an adm. office; an asst. rm; a commercial kitchen; a large dining rm; a large living rm; 6 bathrms 4 full 2 1/2 baths & indoor laundry. Once used as a 'Senior Board & Care Facility'. Property can be used for straigt commercial uses; check with city for uses. Possibly can be use as sober living - possible 30 bed facility?; homeless shelter; battered womens shltr, law firm, CPA, office, etc. City dev. in area w/new comm. cntr, library, etc. A MUST SEE PROPERTY.

Lot Info:
Sq Ft: 9200
Acres: n/a

Listing courtesy of: El Dorado Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Pasadena Ave
Long Beach, CA 90806

Price: $1,199,900

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MLS ID: R713109
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6970

Agent Remarks:
Great cash flow. Clean gated building. Good neighborhood. New paint, windows, and copper plumbing. 6-3 bedroom units,4-2 bedroom 1 bathroom. 1 3 bed/1 bath is vacant..market rent $1100. Seller is very motivated to sell Investers welcome. Pro-forma rent $ 107,100.

Lot Info:
Sq Ft: n/a
Acres: n/a

Listing courtesy of: American Home Loans & Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 17th St
Long Beach, CA 90813

Price: $865,000

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MLS ID: U7004033
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4720

Agent Remarks:
REDUCED, REDUCED, REDUCED!! Not a foreclosure, repo, bankruptcy, HUD,IRS repo, or probate. Great investment opportunity. Please drive by only-DO NOT DISTURB TENANTS!!! Very large 1bed/1bath units. 4 units in 2 story front bldg. with W/D hookups in all units. 2 story back bldg with 2 units above 4 enclosed garages. Community laundry for back units. Common courtyard for BBQ or family visits. Units have recent upgrades and have been well maintained. Security gated garage & courtyard area. Market rent here is easily $5700+ per month. Buyer to verify current rents. Partnership has dissolved. Seller wants sold now!!! Seller's choice of services please. See u8001214, u6602887, u8001270, u7002424, u8001271, u8002951, u8002960, u8003114 also for sale.

Lot Info:
Sq Ft: 6107
Acres: n/a

Listing courtesy of: ALL-PRO INVESTMENTS INC. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Raymond Ave
Long Beach, CA 90804

Price: $1,200,000

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MLS ID: P602709
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4482

Agent Remarks:
12-1bed/1ba units. Pride of Ownership.Totally rehabbed in 2004,every unit,new sewer lines,new cooper plumbing,update electrical with new meters,new large cermaice tile floors all throughout,new cabinet and counters,new bathtubs & toilets,windows,light fixtures,stoves,new keyless security gate. Additional Laundry Income. Do not bother tenants.Upside to rents. Great opportunity for an easy to manage building. Actual GSI $104,460. No Rent Control.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: American Dream Homes Rlty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Daisy Ave
Long Beach, CA 90806

Price: $895,000

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MLS ID: P649135
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4091

Agent Remarks:
This is a unique 6-unit multi-family investment opportunity that not only offers a well maintained property but a strong rental market and additonal value of an 11,870SF lot. This oversized lot creates a park-like setting. Building also includes 6 enclosed garages and a laundry room. Building recently repainted and a couple of units have recently been remodeled.Property was built in 1949

Lot Info:
Sq Ft: 11870
Acres: n/a

Listing courtesy of: Appleby Real Estate Brokerage -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E Norton St
Long Beach, CA 90805

Price: $1,274,000

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MLS ID: R807984
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 7032

Agent Remarks:
Great investment property, located in a strong rental area with upside in rents. Most of the units have been rehabed, ally axcess, the property has three garages, and long term tenants. Drive by only please and do not disturbe the tenants. Seller will entertain all offers.

Lot Info:
Sq Ft: 6225
Acres: n/a

Listing courtesy of: C-21 Astro -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Locust Ave
Long Beach, CA 90813

Price: $896,000

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MLS ID: P645075
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4432

Agent Remarks:
Excellent investment opportunity with strong cash flow and low maintenance. Easily managed with solid tenants. Excellent unit mix with 6-2bdrms & 2-1bdrm units.This mix and strong Grm makes it easy for commercial lenders to give favorable financing with minimal hassles. This investment property has all of the strong points to take advantage of for a seasoned investor. Acquire a great long term investment with excellent cash flow. Drive Buy Today!!

Lot Info:
Sq Ft: 6007
Acres: n/a

Listing courtesy of: 2-4 Units Real Estate -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Walnut Ave
Long Beach, CA 90802

Price: $1,285,000

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MLS ID: P640527
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6140

Agent Remarks:
Clean property just a couple of blocks to the beach. Close to shopping, bus, store, resturants. Originally 8 courtyard units + a large house with garage. House converted many years ago to three units. New electrical panels, plumbing, exterior paint. Almost all units have been remodeled over the last 3 years. Harwood floors, built-ins. Lots of charm for easy rentals. 100% occupancy.

Lot Info:
Sq Ft: 9749
Acres: n/a

Listing courtesy of: Coldwell Banker Residential -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Chestnut Ave
Long Beach, CA 90806

Price: $940,000

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MLS ID: P659421
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6660

Agent Remarks:
One of, if not the lowest priced 60s construction buildings in Long Beach. Brand new exterior paint and new window screens just completed. Solid unit mix with all good sized 1 and 2 bedroom units. Interiors are all in servicable condition. 7 garages and seperate utility meters for gas and electric. Perfect for your clients 1031 exchange upleg. The seller lives out of area and wants to close by year end.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

E 17th St
Long Beach, CA 90813

Price: $1,299,000

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MLS ID: M109704
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5950

Agent Remarks:
12 UNIT GARDEN STYLE PROPERTY IN GREAT RENTAL AREA OF LONG BEACH. THE PROPERTY IS CONVENIENTLY LOCATED JUST TWO BLOCKS FROM LONG BEACH CITY COLLEGE AND FEATURES TWO 3 BEDROOM /1 BATH UNITS. THREE 2 BEDROOM /1 BATH UNITS, AND SEVEN /1 BEDROOM 1 BATH UNITS. NO RENT CONTROL, STABLE TENANT PROFILE & EASY MANAGEMENT MAKE THIS PROPERTY A SOLID INVESTMENT WITH SIGNIFICANT UPSIDE POTENTIAL.

Lot Info:
Sq Ft: 7802
Acres: n/a

Listing courtesy of: MRMLS Outside -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Chestnut Ave
Long Beach, CA 90806

Price: $950,000

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MLS ID: Y806742
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5756

Agent Remarks:
10 + parking 10 garages plus a parking space infront of each garage fully ocupied easy to rent, close to Blue line and 710 fwy separately metered GRM based on market rents 5 of 2brs and 3of 1brs

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Molino Ave
Long Beach, CA 90804

Price: $1,320,000

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MLS ID: P641590
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 8221

Agent Remarks:
The subject property was built in 1988 to condominium specifications and is a candidate for condominium conversion. It consists of 8,221 rentable square feet with a lot size of 6,251 square feet. The unit mix consists of six - two bdrm/two bath and two - three bdrm/two bath units. The subject property includes an income-producing laundry room and subterranean parking. In addition, it is separately metered for gas, electricity, and hot water heaters.

Lot Info:
Sq Ft: 6250
Acres: n/a

Listing courtesy of: Marcus & Millichap -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - North Long Beach

Address: Read More

Linden Ave
Long Beach, CA 90805

Price: $950,000

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MLS ID: S532601
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5940

Agent Remarks:
Corner lot location has great visibility and a good unit mix. 6 garages offer added income to owner. Owner/manager hand picks tenants and takes care of units. Units are in good condition with no deffered maintenance and upside in rents. Newer roof, carpet, paint, blinds and bathroom floors. Individually metered for low expenses. (1)2 bed/1 bath (7)1 bed/1 bath, (1)studio/1 bath. Actual income and expenses used for these good GRM & Cap numbers. Market rents also shown for reference.

Lot Info:
Sq Ft: 6294
Acres: n/a

Listing courtesy of: Century 21 Beachside Realtors -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

Address: Read More

Chestnut Ave
Long Beach, CA 90806

Price: $1,330,000

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MLS ID: S547230
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9337

Agent Remarks:
16 units priced to sell quickly. GRM and Cap are based on ACTUAL rents-under 9x GRM and over 6% Cap! New carpet in all hallways and some units have new cabinets. A lot of possibilities as 16 units, conversion into larger units or run as sober living. Sober Living can rent for $15,680 PER MONTH. Located in strong rental area of Long Beach near SFRs, this property offers great visibility on a corner lot, 5 enclosed garages and laundry room for extra income. Actual and market rents shown below. Expenses are actual. Call with any questions.

Lot Info:
Sq Ft: 6325
Acres: n/a

Listing courtesy of: Century 21 Beachside Realtors -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E Appleton St
Long Beach, CA 90802

Price: $975,000

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MLS ID: P656870
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 5544

Agent Remarks:
Very nice property in a great location! Large units, many with original moulding and built-ins. Turn of the century craftsmanship. Assumable loan fixed until 2013. Rents can increase. New roof 2007. Water, sewer and gas expense all listed under water/sewer expense.

Lot Info:
Sq Ft: 4121
Acres: n/a

Listing courtesy of: Buckingham Investments -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Locust Ave
Long Beach, CA 90802

Price: $1,375,000

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MLS ID: P580039
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4855

Agent Remarks:
This property is located one block from down town Pine Ave. trendy upscale living.

Lot Info:
Sq Ft: 7496
Acres: n/a

Listing courtesy of: Keller Williams Coastal Prop. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

E 7th St
Long Beach, CA 90813

Price: $975,000

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MLS ID: F1781778
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4170

Agent Remarks:

Lot Info:
Sq Ft: 6247
Acres: n/a

Listing courtesy of: Assured Properties -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

Address: Read More

Nebraska Ave
Long Beach, CA 90802

Price: $1,449,000

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MLS ID: G101533
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4500

Agent Remarks:
Five like new condos. Bulk sale or sell one or more. Last sale at $310,000. Now $289,000 each. All have granite counters, new carpet, new cabinets + appliances. Hold for Healthy Profit!

Lot Info:
Sq Ft: 6743
Acres: n/a

Listing courtesy of: GSBRMLS Reciprocal Listings -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

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Redondo Ave
Long Beach, CA 90804

Price: $985,000

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MLS ID: S534471
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 3918

Agent Remarks:
Well maintained, gated apartment complex located in the heart of Long Beach. Units have recent upgrades with new appliances, carpet, paint, and flooring. There are two buildings on one parcel with a central courtyard. The on-site laundry room has two new stacked washer/dryers that are self-owned. There are also five (5) garages and four (4) extra parking spots, which is rare for Long Beach and might provide extra income for new owner. The property is seperately metered for gas and electric. Potential upside in rents with units either month-to-month or less than 6-months on leases.

Lot Info:
Sq Ft: 5624
Acres: n/a

Listing courtesy of: Sperry Van Ness -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

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Obispo Ave
Long Beach, CA 90804

Price: $1,456,000

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MLS ID: P589744
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6170

Agent Remarks:
Nice 8 Unit all 2 bedroom 2 bath units with balconies. Individual gas and Elec meters. Tuck under parking. Built 1986. Excellent curb appeal. Possible Condo Conversion. Great location.

Lot Info:
Sq Ft: 6500
Acres: n/a

Listing courtesy of: P.R.S. Properties -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

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Cherry Ave
Long Beach, CA 90813

Price: $995,000

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MLS ID: P656450
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 4508

Agent Remarks:
ONE OF THE LOWEST PRICED UNITS ON THE MARKET RIGHT NOW AT $62k PER UNIT. Great 7.71% Cap Rate with real opportunity to improve operational efficiency. Excellent for an investor looking for a property in a pro-landlord town with substantial upside in rents (NO RENT CONTROL). Property consists of 16 units, all studio apartments. Many of the units have been upgraded with new appliances, tile, window treatments, and bathroom fixtures in the past year. The entire building received new dual pane windows and a fresh exterior paint job in January of 2007. The property has very small and low maintenance common and ingress/egress areas which are all hardscaped. Onsite laundry room. Building is secured on all sides by fences and/or security gates. Call Listing Agent for current rent roll and 2008 YTD operating statements.

Lot Info:
Sq Ft: 3899
Acres: n/a

Listing courtesy of: Mark Wilson, Broker -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Downtown Area;Alamitos Beach

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Linden Ave
Long Beach, CA 90813

Price: $1,549,900

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MLS ID: P641903
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 9534

Agent Remarks:
Great Investment Potential. Easy to rent, one block south of St. Mary Hospital in Downtown Long Beach. Each unit is separately metered for gas and electricity. Rents and actual, expenses are estimated.

Lot Info:
Sq Ft: 7496
Acres: n/a

Listing courtesy of: Belmont Brokerage & Mgmt. INC. -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Wrigley Area

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Pine Ave
Long Beach, CA 90806

Price: $997,000

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MLS ID: P636175
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6066

Agent Remarks:
Renovated property in excellent condition! Pride of ownership, seven 2 bdrs and 1 3 bedroom. Low maintenance easy to maintain building in Wrigley area of Long Beach. 5 gargages and laundry area above garages. All 2 bdrs rent for $1,100 per month and the 3 bdr rents for $1,300 per month.

Lot Info:
Sq Ft: 7497
Acres: n/a

Listing courtesy of: Prudential California Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

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Temple Ave
Long Beach, CA 90804

Price: $1,599,999

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MLS ID: P631582
Property Type: Residential Income
Status: Active

Beds: 0     Baths: 0     Sq Ft: 6190

Agent Remarks:
On the edge of Rose Park it is one building away. This building has been redone from inside out. All new double pane windows on the entire building. Each unit has been refurbished with, all new kitchen cabinets,sink ceramic tile flooring in kitchens dining rooms and baths including the shower walls. New bathroom vanity and lighting throughout. New carpeting in each unit. all units have new stove and refrigerators except one unit has has own. New interior paint and concrete drive way. Property offers 3 garages and one parking space. Low maintenance building. Laundry onsite but is leased. Drive by only do not distrub tenants.

Lot Info:
Sq Ft: 6499
Acres: n/a

Listing courtesy of: Rene Realty -- source: sandicor -- last update: October 11, 2008

Information is believed to be reliable, but not guaranteed.



Long Beach - Eastside; Circle Area

Address: Read More

Orange Ave
Long Beach, CA 90813

Price: $998,000

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