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

$2,850,000
OC26201934 MLS Active Status
825 Roswell Avenue is a 9-unit multifamily investment property located in Long Beach, California. 825 Roswell Avenue is a well-maintained 1960s property featuring a stucco exterior accented by red tile roofing, landscaped frontage and gated access. The property features a unit mix of 1 studio, 7 2-bed/1-bath units and 1 3-bed/2-bath unit, providing a concentration of larger 2-bedroom floor plans. The property has also benefited from completed capital improvements including copper plumbing and a tile roof that was replaced approximately 2 to 3 years ago. The gated property offers on-site laundry and 6 garage parking spaces, providing residents with convenient amenities while creating additional income opportunities for ownership. Laundry currently generates supplemental revenue, while the garage spaces are included with tenant rents, providing future ownership with the potential to further monetize the property’s parking. The property benefits from a highly desirable Long Beach location approximately 1 block from Wilson High School and just blocks from Recreation Park, a setting that complements its predominantly 2-bedroom unit mix. Belmont Shore and the 2nd Street commercial corridor, California State University, Long Beach and Retro Row are also a short drive away, providing convenient access to some of the city’s most prominent shopping, dining, recreation and educational destinations. 825 Roswell Avenue is being offered in conjunction with the neighboring 4-unit property at 807 Roswell Avenue and 3-unit property at 815 Roswell Avenue. Each property is available for separate acquisition or may be purchased together, creating a rare opportunity to acquire 3 contiguous multifamily properties and establish a larger ownership presence along a single Long Beach block.

825 Roswell Avenue, Long Beach

$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.