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Long Beach 3641 E 1st Street
Belmont Heights stands as one of Long Beach’s most desirable and supply-constrained coastal submarkets. Renowned for its historic architecture, walkable streets, and proximity to the shoreline, this neighborhood continues to attract a stable and high-quality tenant base. Professionals, retirees, and renters-by-choice are drawn to the area’s unique character, vibrant community feel, and unmatched lifestyle amenities, including 2nd Street’s dining and retail corridor, Bluff Park, and California State University, Long Beach. With its consistent track record of strong occupancy and rent growth, Belmont Heights remains one of the most enduring multifamily markets in Southern California. The Versailles Apartments present an investor with a rare opportunity to acquire a well-positioned, 36-unit community in this coveted submarket. The property offers a diverse mix of units, including three studio (600 SF), twenty-seven one-bedroom (750 SF), three two-bedroom/two-bath unit (1,200 SF), and three three-bedroom/two-bath units (1,400 SF). Designed with operational efficiency in mind, all units are individually metered for electricity, feature their own water heaters, and are supported by laundry facilities on each floor. Additional highlights include a secured parking garage with 36 spaces, elevator service, and a roof less than two years old. The fourth floor boasts ocean views and access to a rooftop balcony, enhancing the property’s long-term tenant appeal. Currently in clean and functional condition, the Versailles is primed for repositioning through targeted renovations. Strategic upgrades to unit interiors, common areas, and exterior curb appeal can unlock significant rental upside, allowing an investor to capitalize on both immediate NOI growth and long-term appreciation. Given Belmont Heights’ constrained supply, strong rental demand, and consistent growth trajectory, the opportunity to modernize this asset provides a compelling path to value creation. Ultimately, the Versailles Apartments combine location, stability, and untapped potential in a way few assets can. For investors seeking to establish or expand their footprint in one of Long Beach’s most resilient neighborhoods, this offering represents an exceptional chance to pair operational strength with clear value-add upside.$11,700,000
Long Beach 11 Vista Del Golfo
An extraordinary compilation of captivating open-water views, refined design, and accommodating environments. Set idyllically on the bayfront crest of Naples Island, this exceptional presentation, with five levels of living spaces, affords all the elements for the quintessential modern domain. The entire 6,066 sqft of interior, along with the exterior perimeter, offers a finish and construction quality rarely executed. Every detail was considered for a meticulously curated and composed residence. A recent multi-million dollar renovation delivered an ideally reimagined respite, providing comfortable elegance and a harmonious connection to the natural setting. Encompassing a formal, and club level furnished for living, dining, and entertaining – both with kitchens; an entire-floor primary suite; two ancillary bedrooms with ensuite baths; a subterranean media room with an adjoining private study, fitness room, and a temperature-controlled wine cellar with capacity for 960 bottles; two additional baths; a fifth-level office; and a roof-top observation deck with multiple lounge areas, a kitchen, and a motorized pergola grants spectacular 360-degree bay, ocean, mountain, harbor, skyline, and city-light vistas – the home bestows countless lifestyle opportunities. A thoughtful assemblage of appointments and amenities graces every space; a small selection includes – four total view terraces; an all-glass elevator servicing every level; a 25-foot Koi pond; abundant use of millwork, Italian natural stone, custom ceiling detailing, wall, and window treatments, and designer fixtures and fittings; an opulent primary bath with a capacious connecting wardrobe room; radiant-heated floors in guest and primary baths; Thermador appliances; five total fire features; a 2.5-vehicle finished garage and space for three in-drive cars; as well as home automation and efficiency advancements including two tankless water heaters, four energy-saver HVAC units, CCTV security system, and Control4 smart home automation. Further distinguishing this extraordinary property – completely refurbished deep-water boat docks with berthing capacities of up to 40’, crowning 40’ of unobstructed water frontage. An opportunity for even the most discerning to enjoy on-water living amidst this coveted enclave’s charm.$9,995,000
Long Beach 206 Euclid Avenue
Belmont Heights is one of Long Beach’s most desirable and supply-constrained coastal submarkets. Known for its historic architecture, walkable streets, and proximity to the beach, the neighborhood continues to attract a high-quality tenant base made up of professionals, retirees, and renters-by-choice. Residents are drawn to the area’s unique charm, community feel, and lifestyle amenities, including easy access to 2nd Street’s dining and retail, Bluff Park, and California State University, Long Beach. With consistently strong occupancy and rent growth, Belmont Heights represents one of the most enduring and stable multifamily markets in Southern California. The Euclid Apartments present an opportunity to acquire a well-located and fundamentally strong asset in the heart of this prestigious neighborhood. The property is comprised of 24 spacious one-bedroom units averaging approximately 750 square feet, along with three two-bedroom, two-bath units averaging 1,300 square feet. All units are individually metered, all-electric, and equipped with individual water heaters, providing operational efficiency and ease of management. The community offers 26 secured parking spaces, laundry rooms on every floor, and elevator service. With a newer roof and several major systems already in place, the property provides a solid foundation for future improvements. Currently in clean and functional condition, the Euclid Apartments are primed for repositioning through targeted interior and exterior upgrades. Investors have the opportunity to enhance rental income by modernizing unit interiors, improving common areas, and elevating the overall curb appeal. The strength of Belmont Heights as a supply-constrained, rent-growth-driven submarket amplifies the upside potential, allowing buyers to capture both near-term renovation-driven NOI growth and long-term appreciation. Ultimately, the Euclid Apartments represent a rare chance to establish or expand a foothold in Belmont Heights. The combination of location, resident demand, operational strength, and clear value-add potential make this offering a compelling investment opportunity in one of Long Beach’s most resilient and sought-after neighborhoods.$8,350,000
Long Beach 5484 E The Toledo
A Truly Rare Naples Island Waterfront Estate A once-in-a-generation opportunity to own an extraordinary waterfront residence on prestigious Naples Island. Extensively renovated in 2021, this remarkable coastal home commands an exceptional 60 feet of wide, open-water frontage—one of the most coveted and rarely available waterfront settings on Naples Island. Positioned directly on Alamitos Bay, the residence enjoys unobstructed panoramic water views extending toward Catalina Island, creating an extraordinary sense of openness, privacy, and connection to the water. Perhaps even more exceptional, there is no public walkway along the seawall in front of the residence, preserving a level of privacy and exclusivity rarely found along the Naples Island waterfront. The home features three generously appointed bedrooms, each with its own ensuite bath, and five bathrooms in total, including a luxurious primary bath with heated floors and private powder room. Surround sound throughout the house. Every aspect of the property is enhanced by its spectacular waterfront setting. For the boating enthusiast, the private boat dock provides an exceptional advantage. With its open-water position and direct access to Alamitos Bay, boat owners can come and go with remarkable ease, without the same tide-height limitations that can affect other waterfront locations when navigating to and from the open ocean. Opportunities to acquire 60 linear feet of open waterfront with unobstructed Catalina-facing views and no public walkway between the residence and the water are exceedingly rare. This is more than a beautiful coastal home—it is an exceptional piece of Naples Island waterfront, offering a level of privacy, scale, views, and boating access that is seldom available. A truly distinctive waterfront legacy property in one of Long Beach's most prestigious and sought-after locations.$7,850,000
Long Beach 3430 Elm Avenue
Back on the Market: This is a great opportunity for a buyer who can perform! There is only UPSIDE HERE! New Electrical on both buildings! Completed balcony inspections, upgrades throughout the large all 2 bed units! Do your own diligence! Under new management and priced to sell! Maintenance includes roof repairs 3430 and any necessary repairs to 3440. Discover an exceptional investment opportunity in Bixby with this well-maintained multi-family residential income portfolio. This portfolio presents an attractive opportunity consisting of 28 2-bedroom units, each offering 1.5 or 1.75 baths. Building 1: 3430 ELM AVENUE 12 units 2 bedrooms and 1.5 bath- Unit 5 and 12 are 2 bedrooms, 1 bath. Building 2: 3440 ELM AVENUE: 14 units all 2 bedrooms and 1.75 bath **Key Features:** - **Location:** Conveniently situated close to freeways and downtown Bixby, providing easy access to amenities and commuter routes. Atlantic and Wardlow, 405 Highway, Metrolink, and public transportation are available. They are close to hospitals, retail shopping centers, and parks. - **Unit Configuration:** All units are spacious 2-bedroom layouts, designed to appeal to a wide range of tenants seeking comfort and convenience. Units can be renovated to generate higher market rent. - **Maintenance:** Well-maintained buildings with recent updates. New Boiler in 3430, Resident Manager on-site. Newly updated units. - **Community Amenities:** Nearby parks, shopping, dining, and entertainment options enhance tenant satisfaction and attract potential renters. - **Parcel Details:** Comprising two separate parcels sold as one portfolio, providing flexibility and potential for future development or management strategies.$7,440,000
Long Beach 3945 N Virginia Road
We are proud to present Virginia Country Club Apartments, a rare 25-unit multifamily community in the highly coveted Los Cerritos neighborhood of Bixby Knolls. This desirable submarket is recognized for its historic homes, tree-lined streets, and affluent demographics, making it one of the most stable and in-demand rental markets in Long Beach. Currently operating as a 55+ senior living community, the property represents the largest available multifamily asset in the neighborhood today and one of only a handful of buildings above 20 units in all of Bixby Knolls. The unit mix consists of twenty-two (22) spacious one-bedrooms and three (3) studios, supported by a secured parking garage with twenty-five (25) parking spaces and twelve (12) rentable storage units—features rarely found in competing rental properties. Residents enjoy balconies, dishwashers, gas stoves, wood or tile flooring, and community conveniences such as an elevator, recreation room, and on-site laundry. Each unit is individually metered for gas and electricity, reducing landlord expenses and providing long-term operational efficiency. With current rents approximately 30% below market, investors are presented with a clear mark-to-market strategy that allows for significant near-term income growth with limited capital expenditure. Combined with the neighborhood’s low vacancy, high household income base, and strong barriers to entry for new construction, Virginia Country Club Apartments offers investors both immediate upside and long-term stability.$6,995,000
Long Beach 5585 E Corso Di Napoli
Waterfront Living on Treasure Island | Naples, Long Beach. Tucked away on one of the most coveted stretches of Treasure Island in Naples, this waterfront residence captures the essence of Southern California coastal living. With 3 bedrooms, 3 bathrooms, and a coveted 45-foot-wide lot spanning 1.5 parcels, the home offers a rare combination of scale, charm, and lifestyle. A newly improved dock accommodates multiple boats—whether it’s a yacht, Duffy, or paddleboards—making harbor adventures effortless. The home’s rear patio and garden provide a private, tranquil retreat, ideal for alfresco dining and relaxed entertaining after a day on the water. Inside, sunlit living spaces flow seamlessly to the waterfront, maximizing views and connectivity to the outdoors. All three bedrooms are thoughtfully located upstairs, creating a private retreat from the home’s social spaces. Just beyond your door, enjoy the vibrant lifestyle of Naples—stroll the canals, dine at waterfront restaurants, or cruise the bay at sunset. This Treasure Island property embodies the very best of Long Beach coastal living, blending modern functionality with timeless charm.$6,150,000
Long Beach 59 Rivo Alto Canal
This Custom Built French Provincial Home is truly One Of A Kind for Rivo Alto Canal.5 bedrooms,5 Bathrooms, 3600 Sq Ft Of Living Space,2710 Sq. Ft. Oversized Premier Corner Lot, With Three Car Garage Parking and plenty of Street Parking.Amazing Panoramic Views from Bridge to Bridge as well as a Roof Top Deck view that is 360 degrees. This Homes Spared no Expense, nothing but the Best of the Best Materials, Craftsmanship and Quality. Dramatic and Elegant Formal Entry, Formal Living Room with Wood Burning Fireplace, Built in Cabinetry,Entertainment area, Formal Dining at Waters edge. Custom Elevator, His and Hers Offices,The Home is Wired as a Smart House for anything electronic,Dual A/C units,$300,000 Gourmet Kitchen with the Finest of Materials, Custom Cabinetry, Brazilian Blue (Bahia Blue)Granite and Carerra Marble counters. Other features include: Three Car Garage, Custom Closets in All Rooms,Upstairs Laundry,Custom Wood Flooring all levels, Crown Moldings, Wainscoting,Crystal Chandeliers, Waterfront Stone Patio with Wall to Wall Glass Doors that Open Side to Side for the Ultimate Indoor/Outdoor Entertaining.Also include a Private 30 Foot Dock for all Watercraft.This is One of a Kind Custom Home. Enjoy the Indoor/Outdoor Lifestyle of Naples Island.$5,500,000
Long Beach 5627 E Corso Di Napoli E
This Prestigious Treasure Island Waterfront Home was Custom built in 1969. It is a Fantastic Corner Lot Location on the Island, with Panoramic Views of Pristine Alamitos Bay, The Peninsula and The Palos Verdes Peninsula. This property is complete with a 40 plus Foot Private Dock, able to accommodate several Yachts. Special Features include: Two Waterfront View locations, Front Patio and Second Level Deck, Two Wood Burning Fireplaces, Formal Living Room, Formal Family Room, Two Car Oversized Garage. The Condition of the Property is in need of Cosmetic improvements, both on the Exterior and the Interior. This Sale is entered for Comp purposes only.$5,500,000
Long Beach 4244 E 5th Street
This investment property is located in the coastal community of Belmont Heights, one the city's most desirable locations minutes to the beach and proximate to Belmont Shore and Naples Island. An aesthetic pride-of-ownership asset with attractive landscaping and street surroundings. All units have been upgraded with built-in stoves, microwaves and refrigerators. All units have fireplaces except the two singles. Parking consists of 9 garages and 16 spaces. The building has all-copper plumbing, new electric panels, a new security-camera system, and a recently painted exterior. The entry courtyard has just been refurbished. PRICE REDUCED, with a 6.06 cap rate.$5,390,000
Long Beach 518 E 4th Street
$5,300,000
Long Beach 1225 Bennett Avenue
1225 Bennett Avenue presents a rare opportunity to acquire a well-maintained 17-unit apartment building in a prime East Long Beach location. Built in 1987 and situated on a sizable 12,065 SF lot, this 16,503 SF, three-story property offers a highly desirable unit mix and significant rental upside in one of the strongest rental submarkets in the area. The building features (4) 2-bedroom, 2-bath units, (11) townhome-style 2-bedroom, 2.5-bath units, and (2) studio lofts—designed to attract a diverse tenant base seeking spacious, functional living space. With a current CAP rate of 3.73% and a projected proforma CAP of 7.00%, the property offers approximately 60% upside in rents, making it a compelling value-add opportunity for investors. On-site amenities include a parking garage with 32 spaces and (2) shared laundry rooms. Priced at $302K per unit and $312 per square foot, the asset is competitively positioned within the market. Ideally located in East Long Beach, the property is just blocks from Recreation Park Golf Course and less than two miles from the Long Beach Traffic Circle—home to some of the city’s best retail, dining, and entertainment. Whether you're looking to stabilize a well-located asset or reposition it for stronger returns, 1225 Bennett Avenue offers a rare chance to invest in a quality multifamily property with built-in upside.$5,150,000
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.
