Eastside, Circle Area (3) Homes with Apartment Subtype

Eastside, Circle Area (3) Homes with Apartment Subtype

Welcome to the vibrant Eastside Circle Area of Long Beach, California, where urban charm meets coastal living! Nestled within the heart of Los Angeles County, this dynamic neighborhood is known for its eclectic mix of residential styles, rich cultural diversity, and a strong sense of community.

The Eastside Circle Area is a delightful blend of historic and contemporary homes, making it a perfect place for families, young professionals, and anyone looking to embrace the California lifestyle. One of the standout features of this region is its array of homes with apartment subtypes, offering a unique opportunity for both homeowners and investors. These properties often provide versatile living spaces, ideal for those seeking additional rental income or multigenerational living arrangements.

Imagine waking up in a charming bungalow with a cozy apartment suite that can serve as a guest space or a private office. The Eastside Circle Area boasts beautifully maintained homes, many of which showcase original architectural details alongside modern updates. With tree-lined streets and a friendly atmosphere, residents enjoy easy access to local parks, trendy cafes, and boutique shops, all within a short stroll from their front door.

The community spirit here is palpable, with regular events that bring neighbors together, fostering connections and creating lasting friendships. Whether you’re looking to buy your first home, invest in a multifamily property, or simply explore the vibrant lifestyle, the Eastside Circle Area in Long Beach is a captivating destination that promises to enchant you at every turn. Come discover your new home in this charming enclave today!

Newest Eastside, Circle Area (3) Homes with Apartment Subtype

$1,325,000
PW26171200 MLS Active Status
We are pleased to present an exceptional Rose Park Multi-Family Investment Opportunity located in the highly desirable Rose Park neighborhood of Long Beach - 2123 E. 7th Street. Centrally located just blocks from the Pacific Ocean and the vibrant 4th Street dining and retail corridor, the property sits directly across the street from the renowned, Michelin-starred Heritage restaurant and newly developed $1 million condominiums. The expansive 6,058-square-foot oversized lot features three separate structures, comprising a large fourplex alongside two detached units. The asset offers a highly favorable unit mix consisting of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. Investors will benefit from major turnkey upgrades, including a new roof installed in 2020 and fully completed SB721 balcony compliance work. The property provides significant upside potential with straightforward value-add opportunities, including a potential garage conversion to an Accessory Dwelling Unit (ADU) and/or the addition of units built above the garages. Parking accommodations are also easily managed, featuring two single-car garages alongside convenient surface parking for tenants. *Property is located in an Opportunity Zone, which can provide preferential tax treatment for a buyer if they have capital gains to place. **2bedroom units are functionally two bedrooms and show as 1bedrooms on the tax roll. Buyer to verify.

2123 E 7th, 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.