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Rare Long Beach Investment Portfolio - 2 Parcels | 10 Units + Billboard Prime investor opportunity with 2 adjacent parcels on a high-traffic corner. Includes a 9-unit multifamily (approx. 4,220 SF, built 1942) and a 3 bed, 2 bath SFR (approx. 1,136 SF, built 1913) on a 5,982 SF lot. Strong rental demand area with long-term tenants and value-add potential through unit upgrades or redevelopment (buyer to verify with city). Bonus on-site billboard offers rare passive income stream (buyer to verify use/income). Located near downtown, hospitals, and transit. Zoning may support future mixed-use or higher density (buyer to verify). Ideal for 1031 exchange, cash flow investors, or long-term hold with upside.
Property Type(s):
Commercial
| Last Updated | 7/31/2025 | Year Built | 1942 |
|---|---|---|---|
| Community | 3 - Eastside, Circle Area | County | Los Angeles |
Additional Details
| AREA | 3 - Eastside, Circle Area |
|---|---|
| LOT | 5811 sq ft |
| LOT DESCRIPTION | Corner Lot, Level, Near Public Transit, Paved |
| STORIES | 2 |
| UTILITIES | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
| WATER | Public |
Location
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Listed with RE/MAX Dynasty
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