Long Beach Investment Analysis

Investment Property in Long Beach, CA

Discover Investment Performance Rent Prices Top Properties Top Neighborhoods Attractions 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

$ 817,201

Median

1,834

Avg/Sq.ft.

CASH ON CASH RETURN

1.65%

Traditional

1.13%

Airbnb

RENTAL INCOME

$ 3,270

Traditional

$ 1,748

Airbnb

RENTAL INCOME

$ 3,270

Traditional

$ 1,748

Airbnb

NUMBER OF PROPERTIES

935

Investment

394

Airbnb

2,871

Traditional

57%

Airbnb occ. rate

Long Beach Rent Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 2,051	$ 2,476	$ 3,322	$ 6,125
Traditional	$ 1,425	$ 2,035	$ 2,617	$ 3,164

Airbnb

1 ROOM	$ 2,051
2 ROOMS	$ 2,476
3 ROOMS	$ 3,322
4 ROOMS	$ 6,125

Traditional

1 ROOM	$ 1,425
2 ROOMS	$ 2,035
3 ROOMS	$ 2,617
4 ROOMS	$ 3,164

Top Long Beach Active Investment Properties

$210,000

1342 Myrtle Avenue

Saint Mary's

3 beds

2 baths

1,502 sq.ft.

CASH ON CASH

Trad. 3.77%

Airbnb 11.36%

CAP RATE

Trad. 8.26%

Airbnb 17.75%

$1,250,000

6321 E Bixby Hill Road

Bixby Hill

4 beds

3 baths

3,458 sq.ft.

CASH ON CASH

Trad. 0.36%

Airbnb 8.51%

CAP RATE

Trad. 2.91%

Airbnb 13.09%

$399,000

1360 Redondo Avenue

East Side

3 beds

2 baths

1,155 sq.ft.

CASH ON CASH

Trad. 3.17%

Airbnb 9.33%

CAP RATE

Trad. 6.89%

Airbnb 14.58%

$1,345,000

886 N Holly Glen Drive

Bixby Hill

4 beds

3 baths

3,384 sq.ft.

CASH ON CASH

Trad. 0.21%

Airbnb 7.78%

CAP RATE

Trad. 2.70%

Airbnb 12.17%

Top Long Beach Neighborhoods

Belmont Heights

71% Mashmeter

CASH ON CASH RETURN

1.48%

Traditional

1.25%

Airbnb

PROPERTY PRICE

$1,173,995

Median

RENTAL INCOME

$ 2,870

Traditional

$ 3,236

Airbnb

68%

Airbnb occ. rate

Wrigley

63% Mashmeter

CASH ON CASH RETURN

0.92%

Traditional

1.84%

Airbnb

PROPERTY PRICE

$562,500

Median

RENTAL INCOME

$ 1,586

Traditional

$ 2,399

Airbnb

66%

Airbnb occ. rate

Sunrise

59% Mashmeter

CASH ON CASH RETURN

2.96%

Traditional

1.30%

Airbnb

PROPERTY PRICE

$627,500

Median

RENTAL INCOME

$ 1,967

Traditional

$ 2,360

Airbnb

65%

Airbnb occ. rate

Traffic Circle

61% Mashmeter

CASH ON CASH RETURN

1.66%

Traditional

1.89%

Airbnb

PROPERTY PRICE

$427,000

Median

RENTAL INCOME

$ 2,258

Traditional

$ 2,605

Airbnb

64%

Airbnb occ. rate

East Side

68% Mashmeter

CASH ON CASH RETURN

1.52%

Traditional

2.04%

Airbnb

PROPERTY PRICE

$775,000

Median

RENTAL INCOME

$ 1,755

Traditional

$ 3,276

Airbnb

63%

Airbnb occ. rate

Long Beach Insights

Blogs

by Hamza Abdul-Samad

All You Need to Know About Price to Rent Ratio as a Real Estate Investor

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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