Downtown Area, Alamitos Beach (4) Homes under $2 million

Downtown Area, Alamitos Beach (4) Homes under $2 million

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Newest Downtown Area, Alamitos Beach (4) Homes under $2 million

1306 E Hellman Street, Long Beach
$1,547,000
PW26219871 MLS ⋅ Active Status
Outstanding 9-Unit Long Beach Investment Opportunity. Strong Cash Flow, Major Upgrades & Long-Term Upside! Discover this professionally managed and income-producing 9-unit apartment building offering excellent curb appeal, strong investment performance, and future upside in one of Long Beach's established rental neighborhoods. The property features eight 1 bed/1 bath units and one spacious 3 bed/1 bath unit, offering a total of approximately 4,602 sq/ft of living space on a large 8,233 sq/ft lot. Numerous improvements have been completed throughout the property, including updated and renovated units, with two units redesigned to create a more desirable open concept floor plan. Significant capital improvements include upgrades to the main electrical system and individual unit electrical panels, updated drain lines, and a newer roof double recoating in 2023. Additionally, four attached garages with possible ADU potential for additional rental income (buyer to verify). Impressive investment performance with an approximately 6.7% cap rate and 8.7 GRM. Whether you're an experienced investor looking to expand your rental portfolio or exploring the possibility of owner occupancy while generating rental income, this property presents an outstanding opportunity to build long term wealth. Conveniently located near Downtown Long Beach, Belmont Shore, popular restaurants, shopping, entertainment, and transportation options. Enjoy the Southern California coastal lifestyle with Alamitos Beach less than a mile away! With its desirable unit mix, substantial improvements, established rental income, and long-term investment potential, this is an opportunity you won't want to miss. Add this Long Beach income property to your investment portfolio today!

1306 E Hellman Street, Long Beach

1728 E 3rd Unit 15, Long Beach
$449,000
1 Beds ⋅ 1 Baths ⋅ PW26221801 MLS ⋅ Active Status
The El Cordova is a historically significant Spanish Colonial Revival courtyard style 20-unit condominium complex designed by architect George R. Riddle in 1928. It is also designated as a protected historical landmark where residents enjoy a significant reduction in annual property taxes through the Mills Act. The El Cordova was prominently featured in the wide release film "La La Land" where Emma Stone's character resided. Located in the diverse and eclectic Alamitos Beach neighborhood of Long Beach and just a short stroll to the ocean, parks, dining and shopping. This architecturally striking second story corner end unit features many original details including glowing oak hardwood floors, soaring beamed ceiling, interior wrought iron doorway screens, original wall sconces and door hardware and divided light swing-out windows. All rooms are filled with natural light and the bedroom is situated to benefit from the ocean breeze. The spacious living room features a very large walk-in closet that is ideal for bicycle storage or perhaps creating a hidden office area. The bathroom has a marble tiled floor with classic shower in tub, period appropriate tilework, pedestal sink and cruise ship wall sconces flanking the medicine cabinet. The hallways features a storage closet, built-in drawers and linen cabinets. The kitchen is well designed with original white-washed cabinetry, classic "toast & butter" tile countertops & backsplash and walk-in storage pantry. The breakfast room is light filled with hand painted tile wainscoting and architectural partial room divider. The kitchen also features a side exit with convenient access to the laundry facilities and garages. This unit comes with one secured parking space and storage space.

1728 E 3rd Unit 15, Long Beach

801 Pine Avenue Unit 303, Long Beach
$530,000
2 Beds ⋅ 2 Baths ⋅ 226004845 MLS ⋅ Coming Soon Status
Live the Long Beach Dream!Rare Corner Residence with private balcony, Rooftop Views & 2 parking spaces, coffee on your balcony and sunsets on the rooftop. Long Beach at your doorstep!Welcome to Unit 303 at Pine Plaza, a rare northeast corner residence offering an unusually private, light-filled retreat in the heart of Long Beach.Unlike a typical condominium, this approximately 872-square foot, two bedroom, two bath home features windows and exterior exposure on three sides, only one shared side wall, and just one residence above. The result is a home that feels bright, private, and remarkably removed from the energy of the city just outside.Step onto your private balcony for morning coffee, an evening drink, or views of the city lights. Upstairs, Pine Plaza's rooftop deck provides a second outdoor experience with broad views across Downtown Long Beach.Inside, the residence features a contemporary kitchen, defined dining area, gas fireplace, central heating and air conditioning, and in-unit washer and dryer. The primary bedroom offers two closets, including an organized walk-in closet. Two secure assigned subterranean tandem parking spaces are included. And then there is the location.A neighborhood dog park is approximately one block away. Pine Avenue restaurants and shops, Metro, The Pike, Shoreline Village, and the waterfront are all within walking reach. With a reported Walk Score above 96, this is a Southern California home where leaving the car parked can actually be part of everyday life. Pine Plaza offers gated access, an interior courtyard, bike storage, and rooftop access.Whether you are looking for a full-time home, or simply a more walkable way to experience Southern California, Unit 303 offers a combination that is increasingly difficult to find! Privacy, outdoor space, secure parking, city access, and neighborhood character in one distinctive corner residence.Park the car. Walk the city. Watch the skyline. Live Long Beach.

801 Pine Avenue Unit 303, 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.