Explore Long Beach, CA Multifamily Investments

Long Beach, CA Real Estate Market Guides

Discover the different real estate investment opportunities in Long Beach, CA. Check the pages below to get important details to help you decide when purchasing an investment property. If you have questions, call us any time.

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Overview

Long Beach Multifamily Investments

Long Beach is among the last major coastal cities that still have strong development potential, especially in terms of its multifamily investment portfolios. 

There has been a significant amount of interest in multifamily real estate in the Long Beach area. The city experienced unprecedented increases in rent prices. Even though rentals in Long Beach are lower than average for all of Los Angeles County, there has been a high probability for investors to discover value in the city due to the fact that rents have been rising steadily year after year. The expectation among industry professionals is that yearly rent increases and new construction are both likely to occur during the next few years in Long Beach. Feel free to contact our staff at any moment if you have any questions or would like any additional information regarding Long Beach real estate market.

DUPLEXES: Multifamily properties in Long Beach, particularly duplexes, are affordable and low-maintenance residences strategically developed in locations with convenient and easy access to city amenities, including transportation hubs, schools, and excellent restaurants. Familie looking for starter homes or planning to invest in duplexes for future income possibilities should explore the numerous duplexes available across Long Beach.

TRIPLEXES: Investing in multifamily properties, such as triplex homes in Long Beach provides an excellent opportunity to acquire a high-earning asset with a high investment return. Most triplex units in the city are conveniently close to various restaurants and shops, giving residents easy access to the things offered by the thriving city of Long Beach.

FOURPLEXES: People who are interested in starting out in real estate investing can benefit from owning a fourplex due to the potential cash flow it can produce and the available financing alternatives. Long Beach fourplexes also greatly appreciate over time, making them more valuable in the long run.

Market Overview

Long Beach, CA Real Estate Information

Median Listing Price

$769,000

Median Price Per Sq Ft

$611

Average Days on Market

45

Median Price of Sold Homes

$760,000

Home Ownership Percentage

40.2%

Median Rent

$1,391

Multifamily Investments in Long Beach, CA

10 Facts About Long Beach Real Estate Market

  • New investment properties for sale in Long Beach are available on the real estate market, starting at $500,000 to $2 million.
  • Duplex homes scattered around Long Beach have one to eight bedrooms and one to five-bath arrangements.
  • Typical floor plans for duplex residences in Long Beach often range between 1,000 sqft to 4,000 sqft.
  • Several multifamily triplex homes are also available in certain areas in Long Beach, with listing prices ranging from $700,000 to $3.5 million.
  • Two to twelve beds and two to six-bath combinations are the most usual room configuration of triplex homes in Long Beach.
  • The interior living space of triplex properties in Long Beach usually spans from 1,200 sqft to 6,400 sqft.
  • Aside from duplexes and triplexes, the real estate portfolio of Long Beach also encompasses fourplex residences, with selling prices starting at $1.7 million to $2.5 million.
  • Fourplex residences in Long Beach typically offer expansive floor plans ranging from 2,500 sqft to 5,700 sqft.
  • Five to fourteen bedrooms with four to five-bathroom layouts are the typical room configurations of fourplex homes in Long Beach.
  • Multifamily properties in Long Beach are typically constructed on lots sizes ranging from 0.05 acres to 0.30 acres.
On the map

Long Beach, CA Neighborhoods Map

Long Beach is a lovely city nestled roughly about 25 miles on the southern tip of Los Angeles in California. The city encompasses a large area, catering to many types of housing in the area, particularly multifamily properties. The majority of these home types are clustered in the southwestern portion of the city, a few minutes away from Port of Long Beach. Several multifamily homes can also be found in the northern region of Long Beach, adjacent to the Paramount and Lakewood area.

A drawn out map focusing on Long Beach, CA
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Long Beach, CA Map

Long Beach, CA Interactive Map

Click on the map for a brief introduction

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Take the next step

Ready to take the next step?

Jack Patel has a unique skill set and ability to help navigate his clients through any real estate transaction, no matter what property type, to achieve the best results for his clients. Jack is also involved in the acquisition, repositioning, and disposition of hospitality properties for private investors. Jack’s ability to stay focused on the market has proven successful for many of his clients. He listens and understandings the client’s wants and needs in order to help steer them to the best situation possible based on the market. This has helped Jack create an extensive client base of new and seasoned investors for all property types. Let’s get in touch, and we will show you exceptional properties in Long Beach, CA.

Meet the locals

Who Lives in Long Beach, CA

Population

452,917

Median Age

34.9

Median Household Income

$86,806

Households

166,236

Household size

3.51

Cost of living

160.1

Entertainment

Things to do in Long Beach, CA

Colorado Lagoon

Wetland region features a sandy beach, children's playground, picnic tables, and model-boating activities during the appropriate seasons.

Earl Burns Miller Japanese Garden

Stone sculptures, a koi pond, bonsai trees, and a waterfall are just a few of the attractions that can be found in this beautiful garden, which offers free access.

Long Beach Museum of Art

A museum and café on a cliff overlooking Southern California artists' galleries.

Veterans Memorial Stadium

Long Beach City College's football team also plays in the 11,600-seat stadium, which is home to several high school football teams in the region.

Property Management

Property Management Companies in Long Beach, CA

CompanyPhoneWebsite
Beach Front Property Management, Inc.(562) 981-7777Website
Beach Cities Management(562) 888-0247Website
Appleby Property Management Inc.(562) 432-332Website