Buying a Duplex Home in Long Beach, CA

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Services for Real Estate Pros with InboundREM

Duplex for Sale in Long Beach, CA

 

Adding some Long Beach duplexes to your existing real estate portfolio in the state of California is an excellent way to start off the wealth accumulation process. Due to the city's stable demand and various multifamily structures, Long Beach has always been a goldmine for investors looking for lucrative business opportunities, particularly in the real estate market. The Port of Long Beach, the United States' second busiest port and one of the world's largest shipping ports, is located in Long Beach, California, the state's seventh-most populous city. In addition to being renowned for its locally rich cultural diversity and a wide-ranging variety of activities, particularly its waterfront protrusions, Long Beach also continues to be one of the most exciting and rapidly growing cities in California. For more information about Long Beach Duplex for Sale or multifamily investments in general, please check out our featured page or contact one of our staff members. We're here to help if you have any questions.

 

Long Beach is one of the California cities that has maintained a steady demand for rental units over the years. Vacancy rates have not fluctuated significantly. Despite the ongoing pandemic, there are still a significant number of families in Long Beach looking for rental homes. Multifamily property ownership in the city appears to be a great investment opportunity because it can almost certainly guarantee a steady stream of additional income. There has been an increase in rental rates in Long Beach over the past few years, in addition to the steady demand for rental properties in the city. Investor confidence is high in Long Beach because rents are rising and the stock introduced into the online market over the last few years has been absorbed into the real estate market. Investing in multifamily properties is also advantageous because it is less expensive than in other areas in the Los Angeles area. The city of Long Beach has attracted many families interested in moving to the area because of the quality of life it provides. Long Beach is a great place to raise a family because it is relatively safe. Many of Long Beach's residents live in rented homes, which helps to create the city's urban-suburban mix feel. Long Beach's residents can choose from a wide range of pubs, restaurants, shops, and green spaces across the city.

 

Real Estate Information


Depending on location and amenities, listings for duplex homes in Long Beach range from $500,000 to $2 million. In the city, most duplexes come with one to eight bedrooms and one to five bathrooms in the standard configuration. The living areas of Long Beach duplexes can range from 1,000 square feet to 4,000 square feet. The majority of duplexes in Long Beach, California, are contemporary-styled. In Long Beach, most duplexes come fully furnished and equipped with high-end appliances.

To explore different views and for more information, visit the original neighborhood post:

https://longbeachinvestmentproperty.com/long-beach-multifamily-investments/duplexes/

 

Long Beach, CA Market Report:

Households: 166,236
Median Listing Home Price: $769,000
Median Listing Home Price Per Sqft: $611
Median Rent: $1,391
Average Days on Market: 45
Home Ownership Percentage: 40.2%

 

Long Beach, CA Community Report:

Population: 452,917
Average Household Income: $86,806
Median Age: 34.9
Associate's Degree or Higher: 27%
Cost of Living Score: 160.1

 

If you would like to receive a FREE Competitive Market Analysis, contact me today.

 

Let us help you find your perfect home!

 

If you require a Buyer's Agent to represent you during your transaction, please feel free to contact our office at 213-453-2572. We would be glad to work with you to get the best deal possible for your transaction.

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POSTED BY:

 

Jack Patel

213-453-2572

9001 Firestone Boulevard, 2nd Floor

Downey, California 90241

https://longbeachinvestmentproperty.com/

 

Comments (1)

Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Great information about buying a duplex home in Long Beach, CA. Thanks for sharing!

Aug 11, 2022 12:04 PM