North Long Beach (7) Homes with Mixed Use Subtype

North Long Beach (7) Homes with Mixed Use Subtype

Welcome to North Long Beach, a vibrant community nestled in the heart of Long Beach, California. This charming neighborhood is known for its diverse culture, rich history, and a strong sense of community. With its convenient location in Los Angeles County, North Long Beach offers residents easy access to the bustling city life while maintaining a quaint suburban feel.

One of the standout features of North Long Beach is its unique blend of residential and commercial spaces, particularly through homes with a mixed-use subtype. These properties offer a fantastic opportunity for homeowners and entrepreneurs alike. Imagine living above your own boutique or café, or having your office just steps away from your front door. The mixed-use homes in this area not only provide the convenience of working where you live but also foster a dynamic neighborhood atmosphere that encourages local business growth and community interaction.

The homes in North Long Beach are as diverse as the residents themselves, ranging from charming bungalows to modern townhouses. Many properties feature spacious layouts, inviting outdoor spaces, and proximity to parks, schools, and shopping centers. The community is also well-connected by public transportation, making it easy to explore all that Long Beach has to offer, from its stunning waterfront to its vibrant arts scene.

Whether you are looking to invest in a mixed-use property or seeking a welcoming neighborhood to call home, North Long Beach is a hidden gem that promises a lifestyle full of possibilities. Come and discover the charm and potential of this remarkable community today!

Newest North Long Beach (7) Homes with Mixed Use Subtype

$1,695,000
PW26138649 MLS Active Under Contract Status
245 E. Artesia Boulevard presents the opportunity to acquire a well- maintained 5-unit multifamily asset with significant upside through future ADU development in a centrally located Long Beach neighborhood with convenient regional access. The property combines spacious floorplans, strong existing cash flow, and clear value-add potential, creating a compelling opportunity for both investors and potential owner/users. The property offers an attractive unit mix including (1) 3BD/2BA unit and (4) 2BD/2BA units, appealing to a broad tenant base seeking larger residential floorplans rarely found in today’s multifamily inventory. Units are bright and spacious, averaging approximately 1,287 square feet, providing a more residential living experience compared to typical apartment product in the area. The 3BD/2BA unit features dramatic high beam ceilings and an in-unit washer and dryer, further enhancing rental appeal and potential owner/user functionality. The property has undergone extensive interior improvements, including updated flooring and paint throughout all units. Additional capital improvements include a newer roof approximately three years old and partially updated electrical systems, helping reduce near-term capital expenditure requirements and supporting operational stability. Ownership also benefits from ancillary laundry income through owned on-site machines, while seven (7) garages provide additional parking income and further enhance tenant convenience and property functionality. A key component of the investment opportunity is the property’s future ADU development potential. Plans have been approved for the addition of two new 2BD/1.5BA ADU units, providing investors with a clear path to materially increase future income by approximately $60,000 annually. The ability to add density while leveraging the property’s existing infrastructure creates a rare opportunity to substantially increase long-term cash flow and overall asset value. The property benefits from exceptional regional connectivity with convenient access to the 710, 91, 105, and 405 Freeways, allowing tenants efficient commuter access throughout Los Angeles and Orange County employment centers. The location also provides convenient proximity to Long Beach Airport, major retail corridors, dining amenities, and everyday neighborhood services, supporting long-term tenant demand and occupancy stability.

245 E Artesia, Long Beach

Start Your Search

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.