Long Beach Multifamily Investments

Long Beach, CA Real Estate Market Guides

When it comes to multifamily investment portfolios, Long Beach is one of the few remaining major coastal cities with significant growth potential. Investing in multifamily properties in the Long Beach area has attracted much attention. In this city, rents have risen by an amount never seen before. Although Long Beach's rental rates are lower than the countywide average, there is a good chance that investors will find value there because rents have been rising consistently over the years. Experts predict that annual rent increases and new construction will occur in the Long Beach area over the next few years. If you have any questions or would like any additional details about the Long Beach real estate market, please do not hesitate to contact our team.

Long Beach's multifamily properties, especially duplexes, are built-in areas with easy access to public transportation, good schools, and delicious dining options. 

Buying a triplex in Long Beach or any other multifamily property is a great way to diversify your portfolio and build up a source of recurring income. Nearby restaurants and shops make it easy for residents of the city's many triplexes to enjoy all that Long Beach offers. 

The potential cash flow generated by a fourplex and the variety of financing options makes it a good choice for first-time real estate investors.

Real Estate Information

Various newly-built Long Beach, real estate investments, are now on the market; prices typically range from $500,000 to $2,000,000. You can find duplexes all over Long Beach, with anywhere from one to eight bedrooms and one to five bathrooms. In Long Beach, duplex floor plans are not uncommon to be between 1,000 and 4,000 square feet in size. Several multifamily triplexes are available in certain portions of Long Beach, with listing prices ranging from $700,000 to $3.5 million. Triplexes in Long Beach typically have two to twelve bedrooms and two to six bathrooms. Triplexes in Long Beach typically feature 1,200 and 6,400 square feet of interior space. Long Beach real estate includes duplexes, triplexes, and fourplexes, with prices ranging from $1.7 million to $2.5 million. It's not uncommon to find fourplexes in Long Beach with spacious layouts from 2,500 to 5,700 square feet. Fourplexes in Long Beach typically have five to fourteen bedrooms and four to five bathrooms. The typical lot size for a multifamily building in Long Beach is between 0.05 and 1.30 acres.

Neighborhood Location

Located in southern California, about 25 miles from Los Angeles, the beautiful city of Long Beach is a great place to live. Because of its size, the city serves a wide variety of housing options, including apartment complexes. This housing variety is most prevalent in the city's southwestern section, not far from the Port of Long Beach. You'll find many multifamily residences in the northern part of Long Beach near Paramount and Lakewood.