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 and diverse region nestled in the heart of Long Beach, California. This neighborhood, located in Los Angeles County, offers a unique blend of residential charm and commercial convenience, making it an ideal place to call home.

North Long Beach is known for its eclectic mix of homes, including properties with the Mixed Use Subtype. These versatile homes provide residents with the opportunity to live, work, and play all within the same space. Whether you're looking to set up a home office, run a small business, or simply enjoy the convenience of having amenities at your doorstep, North Long Beach has something for everyone.

In addition to its unique housing options, North Long Beach boasts a thriving community with a strong sense of pride and camaraderie. Residents can enjoy easy access to local parks, shopping centers, restaurants, and schools, making it a convenient and family-friendly place to live.

With its central location in Long Beach, residents of North Long Beach also have access to a wide range of amenities and attractions, including the nearby beaches, museums, and entertainment venues. Whether you're looking for a quiet suburban retreat or a bustling urban experience, North Long Beach has something for everyone.

Come and explore all that North Long Beach has to offer – from its diverse housing options to its vibrant community spirit, this neighborhood is sure to capture your heart and make you feel right at home.

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

$1,695,000
PW26138649 MLS Active 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

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