Investment Property in Long Beach, CA | Real Estate Investing in Long Beach

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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

$ 818,865

Median

1,706

Avg/Sq.ft.

CASH ON CASH RETURN

1.27%

Traditional

1.38%

Airbnb

RENTAL INCOME

$ 3,188

Traditional

$ 3,149

Airbnb

RENTAL INCOME

$ 3,188

Traditional

$ 3,149

Airbnb

NUMBER OF PROPERTIES

961

Investment

695

Airbnb

3,955

Traditional

62%

Airbnb occ. rate

Long Beach Rent Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,930	$ 2,506	$ 3,658	$ 4,725
Traditional	$ 1,535	$ 2,050	$ 2,856	$ 3,352

Airbnb

1 ROOM	$ 1,930
2 ROOMS	$ 2,506
3 ROOMS	$ 3,658
4 ROOMS	$ 4,725

Traditional

1 ROOM	$ 1,535
2 ROOMS	$ 2,050
3 ROOMS	$ 2,856
4 ROOMS	$ 3,352

Top Long Beach Active Investment Properties

$60,000

5450 Paramount Blvd

North Long Beach

2 beds

2 baths

1,368 sq.ft.

CASH ON CASH

Trad. 13.26%

Airbnb 24.68%

CAP RATE

Trad. 13.26%

Airbnb 24.68%

$109,900

310 N Jade Cove Drive

University Park Estates

2 beds

2 baths

960 sq.ft.

CASH ON CASH

Trad. 14.54%

Airbnb 12.17%

CAP RATE

Trad. 14.54%

Airbnb 12.17%

$449,999

4940 Daisy Avenue

Los Cerritos Area

4 beds

2 baths

1,092 sq.ft.

CASH ON CASH

Trad. 5.66%

Airbnb 9.52%

CAP RATE

Trad. 5.66%

Airbnb 9.52%

$134,900

6255 E Emerald Cove Drive #148

University Park Estates

2 beds

2 baths

960 sq.ft.

CASH ON CASH

Trad. 11.51%

Airbnb 9.24%

CAP RATE

Trad. 11.51%

Airbnb 9.24%

Top Long Beach Neighborhoods

East Side

Mashvisor, Inc.

68% Mashmeter

PROPERTY PRICE

$739,500

Median

CASH ON CASH RETURN

1.27%

Traditional

1.73%

Airbnb

RENTAL INCOME

$ 2,158

Traditional

$ 3,695

Airbnb

73%

Airbnb occ. rate

Rose Park

Mashvisor, Inc.

51% Mashmeter

PROPERTY PRICE

$989,000

Median

CASH ON CASH RETURN

1.66%

Traditional

2.62%

Airbnb

RENTAL INCOME

$ 1,910

Traditional

$ 2,887

Airbnb

72%

Airbnb occ. rate

Carroll Park

Mashvisor, Inc.

64% Mashmeter

PROPERTY PRICE

$517,500

Median

CASH ON CASH RETURN

1.66%

Traditional

1.69%

Airbnb

RENTAL INCOME

$ 2,457

Traditional

$ 2,914

Airbnb

71%

Airbnb occ. rate

Bluff Heights

Mashvisor, Inc.

63% Mashmeter

PROPERTY PRICE

$919,950

Median

CASH ON CASH RETURN

1.39%

Traditional

1.79%

Airbnb

RENTAL INCOME

$ 2,499

Traditional

$ 2,996

Airbnb

71%

Airbnb occ. rate

Bluff Park

Mashvisor, Inc.

57% Mashmeter

PROPERTY PRICE

$1,149,000

Median

CASH ON CASH RETURN

0.11%

Traditional

-0.29%

Airbnb

RENTAL INCOME

$ 3,226

Traditional

$ 3,028

Airbnb

70%

Airbnb occ. rate

Long Beach Insights

Blogs

by Yoana Leusin

Should You Invest in Long Beach Houses for Sale in 2019?

by Hamza Abdul-Samad

The Best Cities to Invest in West Coast Real Estate in the US

by Dinah Jaber

Should You Buy a Beach House as a Real Estate Investment?

by Sylvia Shalhout

Multi Family Real Estate Investment Analysis: The ONLY Guide You’ll Need

by Hamza Abdul-Samad

Long Beach Real Estate: A More Affordable Option in California Real Estate

View more news

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Traditional

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Airbnb

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