Long Beach Investment Analysis

Investment Property in Long Beach, CA

Discover Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

Discover

Long Beach

It is currently a seller’s market in Long Beach but it’s important to know that many investors have been able to obtain properties below the listing price. The majority of homes sold last March 2016 were below the asking price and the minority were above the asking price.

One advantage of investing in Long Beach real estate is being able to purchase a more affordable property, compared to the rest of California, while still being somewhat close to Los Angeles. It is only a 40-minute drive from Long Beach to Los Angeles. Long Beach’s current median listing price is $499,000.

The most popular properties purchased in Long Beach are single-family homes. This property type is optimal for investors because they will likely sell faster than other homes and investors have the ability to rent-out individual rooms to increase cash flow.

Long Beach Investment Performance

PROPERTY SALE PRICE

$ 668,177

Median

1,453

Avg/Sq.ft.

CASH ON CASH RETURN

1.67%

Traditional

1.75%

Airbnb

RENTAL INCOME

$ 2,190

Traditional

$ 1,767

Airbnb

RENTAL INCOME

$ 2,190

Traditional

$ 1,767

Airbnb

NUMBER OF PROPERTIES

778

Investment

406

Airbnb

1,841

Traditional

48%

Airbnb occ. rate

Long Beach Rent Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,591	$ 2,342	$ 3,221	$ 3,357
Traditional	$ 1,365	$ 1,860	$ 2,455	$ 2,665

Airbnb

1 ROOM	$ 1,591
2 ROOMS	$ 2,342
3 ROOMS	$ 3,221
4 ROOMS	$ 3,357

Traditional

1 ROOM	$ 1,365
2 ROOMS	$ 1,860
3 ROOMS	$ 2,455
4 ROOMS	$ 2,665

Top Long Beach Active Investment Properties

$201,800

5050 Linden Avenue #101

Bixby Area

2 beds

1 baths

784 sq.ft.

CASH ON CASH

Trad. 6.73%

Airbnb 30.46%

CAP RATE

Trad. 10.49%

Airbnb 35.74%

$220,000

4700 Clair Del Avenue #535

Bixby Area

2 beds

1 baths

779 sq.ft.

CASH ON CASH

Trad. 6.02%

Airbnb 27.79%

CAP RATE

Trad. 9.63%

Airbnb 32.78%

$357,000

340 East Sunset Street

Bixby Area

2 beds

1 baths

1,195 sq.ft.

CASH ON CASH

Trad. 3.03%

Airbnb 16.44%

CAP RATE

Trad. 5.93%

Airbnb 20.20%

$349,000

4595 California Avenue #205

Bixby Area

2 beds

2 baths

972 sq.ft.

CASH ON CASH

Trad. 3.14%

Airbnb 16.86%

CAP RATE

Trad. 6.07%

Airbnb 20.67%

Top Long Beach Neighborhoods

City College Area

68% Mashmeter

CASH ON CASH RETURN

2.20%

Traditional

2.79%

Airbnb

PROPERTY PRICE

$659,900

Median

RENTAL INCOME

$ 2,257

Traditional

$ 2,476

Airbnb

64%

Airbnb occ. rate

Belmont Heights

71% Mashmeter

CASH ON CASH RETURN

0.76%

Traditional

1.76%

Airbnb

PROPERTY PRICE

$949,000

Median

RENTAL INCOME

$ 2,242

Traditional

$ 2,798

Airbnb

61%

Airbnb occ. rate

Traffic Circle

61% Mashmeter

CASH ON CASH RETURN

2.23%

Traditional

3.90%

Airbnb

PROPERTY PRICE

$592,000

Median

RENTAL INCOME

$ 2,349

Traditional

$ 3,099

Airbnb

58%

Airbnb occ. rate

East Side

68% Mashmeter

CASH ON CASH RETURN

1.23%

Traditional

4.45%

Airbnb

PROPERTY PRICE

$399,999

Median

RENTAL INCOME

$ 1,663

Traditional

$ 2,734

Airbnb

58%

Airbnb occ. rate

Wrigley

63% Mashmeter

CASH ON CASH RETURN

1.27%

Traditional

3.58%

Airbnb

PROPERTY PRICE

$525,000

Median

RENTAL INCOME

$ 1,532

Traditional

$ 2,292

Airbnb

56%

Airbnb occ. rate

Long Beach Insights

News

Home prices, sales up in Pacific - Chinook Observer

Westin Long Beach Hotel Sold for $84.8 Million - Los Angeles Business Journal

These homeowners faced an Airbnb nightmare as renters left them facing huge fines and angry neighbors - CNBC

Work To Restore Long Beach's Queen Mary To Glory Labor Of Love For Man In Charge - Gazette Newspapers

West Raleigh apartments sold for $34.5M - Triangle Business Journal

Sleepy Kep the next target for developers - Khmer Times

Sunset Group scoops up Downtown Long Beach apartment tower for $133M - The Real Deal Magazine

Real Estate 101: What if our predictions are wrong? - Miami Herald

How extreme weather risk is creating a real estate insurance disaster - Curbed

Palm Beach house on half-acre of lakefront brings $8.75 million: deed - Palm Beach Daily News

View more news

Blogs

by Daniela Andreevska

California Is Emerging as the Best Place to Invest in Real Estate in the Coming Years

by Victoria Daibes

The Best Real Estate Markets to Invest in the US for Price to Rent Ratio

by Ranah Asad

Long Beach Real Estate Investing

View more news

Guides and Tips

by Diala Taneeb

The Ultimate Guide to the Airbnb Investment Property

by Peter Abualzolof

Four Things to Consider Before Purchasing an Airbnb Investment Property

by Peter Abualzolof

Top 5 Alternative Ways to Find an Investment Property

by Peter Abualzolof

The Use of Predictive Analytics in Real Estate Investing

by Diala Taneeb

Real Estate Investing: Traditional vs. Airbnb Investments

View more news

Similar Cities

San Francisco, CA

PROPERTY PRICE

`$`1,184,760

Median

CASH ON CASH RETURN

2.29%

Traditional

2.14%

Airbnb

San Diego, CA

PROPERTY PRICE

`$`639,170

Median

CASH ON CASH RETURN

2.39%

Traditional

2.29%

Airbnb

Los Angeles, CA

PROPERTY PRICE

`$`798,738

Median

CASH ON CASH RETURN

2.16%

Traditional

1.94%

Airbnb

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