1675 Loma Avenue 1-7

Long Beach , CA 90804

MLS#: OC25184469

$2,050,000

Status: Active
Listing number: OC25184469
Listing provided by: Lima Real Estate Group
Listing agent phone: None
Last update: 10 days ago
On site: 11 days ago
Browse Properties
None - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1976

Sq.Footage

N/A

This is a great opportunity to own a 7 unit apartment building with a tremendous amount of upside. 1675 Loma Avenue features 7,208 Square Feet of living space split among 7 units, with a front unit that is a 3 Bedroom/2 Bathroom, and six units that are 2 Bedroom/2 Bathroom. The building features enclosed private garages that park 8 cars, as well as an additional parking spot at the end of the building. All units are individually metered for gas and electric, In terms of location, it doesn't get any better than this. The area has strong rental demand from perspective tenants, and the property is centrally located just south of PCH in East Long Beach, and conveniently close to schools, parks, shopping, dining, entertainment, downtown Long Beach, Long Beach City College, Cal State Long Beach University, major transit, and so much more. This is a great opportunity to buy a a great investment property with a tremendous amount of upside for adding value, maximizing income, and creating substantial equity.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    Yes

  • Garage spaces

    8

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Features

    Rectangular Lot

  • Lot Size(acres)

    0.1916

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,050,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Mark Lima , Lima Real Estate Group

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
This is a great opportunity to own a 7 unit apartment building with a tremendous amount of upside. 1675 Loma Avenue features 7,208 Square Feet of living space split among 7 units, with a front unit that is a 3 Bedroom/2 Bathroom, and six units that are 2 Bedroom/2 Bathroom. The building features enclosed private garages that park 8 cars, as well as an additional parking spot at the end of the building. All units are individually metered for gas and electric, In terms of location, it doesn't get any better than this. The area has strong rental demand from perspective tenants, and the property is centrally located just south of PCH in East Long Beach, and conveniently close to schools, parks, shopping, dining, entertainment, downtown Long Beach, Long Beach City College, Cal State Long Beach University, major transit, and so much more. This is a great opportunity to buy a a great investment property with a tremendous amount of upside for adding value, maximizing income, and creating substantial equity.

1675 Loma Avenue 1-7

Message successfully sent.

What would you like to know?

Related Properties

New on site 1 day ago
Spanish-style 8-unit apartment building located in the South Wrigley neighborhood of Long Beach. The property recently received a full exterior refresh and the interiors have been renovated at different times over the past five years. The building is in good condition with strong in-place rents, offering stable income and future upside. The property includes 8 garages at the rear that are currently unused and offer a new owner several opportunities to add value. A new owner could: Lease the garages for extra parking income, Convert the garages into ADUs, or take advantage of SB 1211, which may allow up to 8 new ADUs on the site (buyer to verify). If developed, 8 new studio ADUs rented at $1,500/month could add $144,000 in gross annual income. This property offers classic curb appeal, updated interiors, steady cash flow, and multiple opportunities to increase revenue.
#PW25191546

Long Beach

1924 Cedar Avenue

None Beds

None Baths

5,112 Sq.Ft.

$2,075,000

MLS#: PW25191546

New on site 4 days ago
Brand-new construction meets vintage charm in this fully occupied, income-producing Long Beach fourplex bringing in $12,300/month. This fully upgraded four-unit property blends character and modern comfort in a highly accessible Long Beach location. The front unit showcases a vibrant and inviting design with arched doorways, original hardwood flooring, and a bright, open layout. The updated kitchen features bold turquoise shaker cabinets, quartz countertops, a mosaic tile backsplash, stainless steel appliances, and ample natural light. The bathroom offers spa-like finishes with marble-style tile, a soaking tub, a large walk-in shower with built-in niches, and a dual vanity with chrome fixtures. Bedrooms are spacious and airy, maintaining vintage charm while offering everyday functionality. The two rear units have been newly constructed and thoughtfully designed with vaulted ceilings, recessed lighting, and modern wood-style LVT flooring. Each includes an open-concept kitchen with white shaker cabinetry, quartz countertops, designer tile backsplashes, pendant lighting, and stainless steel appliances. Bathrooms are sleek and stylish with glass-enclosed showers, matte black hardware, and quartz-topped vanities. Additional features include mini split heating and cooling systems, modern ceiling fans, and French door access that enhances natural light and indoor-outdoor flow. Each unit enjoys a private entrance and has been finished with durable, low-maintenance materials ideal for rental income or multi-generational living. Located near shopping, schools, freeways, and public transit, this is a turnkey opportunity with both immediate income potential and long-term value.
#DW25170246

Long Beach

2533 Eucalyptus Avenue

None Beds

None Baths

4,196 Sq.Ft.

$1,775,000

MLS#: DW25170246

Introducing one of the largest 4-unit properties in the highly sought-after Alamitos Beach neighborhood of Long Beach. Built in 1987, this spacious building offers over 5,477 sq. ft. of living space, in-unit laundry, and 9 ground-level parking spaces—a rare and valuable amenity in the area. The generous units currently generate strong rental income, and a non-conforming “bonus” 5th unit provides additional income potential. Perfect for an owner-occupant or investor seeking a well-maintained building just four blocks from the ocean, this property combines location, size, and income opportunity in one exceptional package.
#PW25180812

Long Beach

350 Tile Avenue

None Beds

None Baths

5,477 Sq.Ft.

$1,950,000

MLS#: PW25180812

Excellent cash flow building in prime Eastside Long Beach area. 7 units total, four garages with 4 parking spaces in front of garage. All unit doors face south for lots of natural light and share common back yard space for happy tenants. Common area laundry room for convenience. All units have been well maintained and upgraded, granite counters, low maintenance tile flooring and updated bathrooms. Very little deferred maintenance. All 7 unit electrical subpanels upgraded in 2024. Great location. Rose Park is right around the corner, walking distance to shops and restaurants on 4th Street, 7th Street and Redondo. Current monthly income 13,935 (167,220 annual). GRM is 11.3x. Cap rate with 35% expenses is 5.7%. Market rents are 2,250 with garage and 2050 without. Building has been professionally managed with great tenants. The building is the perfect combination of a quality and cash flow. Units show very well as they are upgraded upon vacancy. This is an easy building to own and manage with additional upside.
#PW25182759

Long Beach

767 Freeman Avenue

None Beds

None Baths

5,332 Sq.Ft.

$1,895,000

MLS#: PW25182759

Price Reduced! Present All Offers! We are pleased to present a 10 unit investment opportunity located at 1700 Pacific Ave in Long Beach. All major systems have been redone, including new electric (main and sub panels), ABS plumbing systems, new vinyl windows, and the roof is in great condition as well. At a current 5.65% Cap Rate, and 10.96 GRM with upside to a 7.26% Cap Rate and 9.29 GRM, this is priced attractively & below the area average. In addition to all of the major improvements to the property, the tenants benefit from a rear roof deck, onsite laundry room (hookups with no machines), as well as onsite parking. There is ample retail and dining options nearby, and being located just off Pacific Coast Hwy, the central location allows for easy commute to downtown, the beach, and easy access to 710/405 Freeways. The property is also steps away from numerous new construction apartment buildings, retail centers, the $176 million reconstruction of Washington Middle School’s five-acre campus & the $450 million Poly High School campus renovation. In addition to the 29% upside in Net Operating Income, there is even more opportunity with the potential to convert the existing garage and rear parking area + roof deck into ADUs. One can reasonably get an additional 4+ units onsite for additional income and equity growth.
#PW25182296

Long Beach

1700 Pacific Avenue

None Beds

None Baths

6,423 Sq.Ft.

$2,095,000

MLS#: PW25182296

Fantastic opportunity to own a pristine Residential Income 4 Unit Property located in one of the best positions in the entire city of Long Beach, CA! This is your chance to own a beautiful asset, which has been thoroughly renovated recently, in the host city for the 2028 Los Angeles Olympic and Paralympic Games. Each unit will rent with ease, in one of the most landlord-friendly cities in all Southern CA. The exterior of the building presents wonderful curb appeal, being complete with: new paint & trim, new windows, upgraded doors, updated stairs, and updated private exterior spaces. The property is located walking distance away from the Long Beach sand. Each of the 4 units is complete with: a beautiful & functional layout, upgraded electrical, upgraded luxury vinyl plank flooring, a renovated kitchen with new cabinets, high end countertops, new dishwasher, new microwave, new stove, upgraded LED canned lighting, and remodeled tile backsplash. The property also has a detached 1 car garage, providing a potential source for additional income for the new owner as well as increased functionality. Additionally, the city of Long Beach keeps growing at an exponential rate, quickly expanding its reputation as an international epicenter. On top of hosting the 2028 Summer Olympics, Long Beach has the following development projects in progress: the Shoreline Gateway, the Bloom @ Magnolia, the Colorado Lagoon Project, the Shoemaker Bridge Replacement Project, as well as numerous large-scale conceptual projects. This beautiful property is an excellent opportunity to attain a remarkable & timely asset in a perfect location!
#PW25178986

Long Beach

1169 E Broadway

None Beds

None Baths

3,544 Sq.Ft.

$1,649,000

MLS#: PW25178986

Attention ALL Multi-Family Investors! We are proud to offer this once in a lifetime 8-Unit Downtown Trophy Asset approximately 1 mile to the Beach, Pier and everything that's wonderful about Long Beach. NO CITYWIDE RENT CONTROL offers savvy landlords countless flexibility. Ideal Location! Location! Located within city’s fast-growing Opportunity Zone, walking distance to Historic Pine Ave, 4th Street’s Retro-Row, restaurants, bike trails, schools, churches, dog park, grocery store and approximately 200 ft to Metro A line train station. 1025 Locust is a picturesque 1920s building, featuring all the qualities and characteristics of classic 20th century architecture – boasting magnificent woodwork, built-in cabinetry, high ceilings, crown moldings, expansive floor plans with an abundance of natural light and great curb appeal. “Pride of Ownership” is evident. Recent interior upgrades include remodeled kitchens and bathrooms, refurbished hardwood flooring, new quartz/granite countertops, new wood plank vinyl flooring, 44 new windows installed in 2021, new fixtures, custom two-tone paint and AC window cooling. Recent exterior upgrades include: New common area plank flooring, New landscaping, exterior paint and trim, new garage/auto door, and concrete driveway. The units are much larger than many of the nearby apartment units. The oversized 3-room studios include galley style kitchens with counter to ceiling cabinets, walk-in closets and the extremely large 1 bedrooms offer full-size kitchens, walk-in showers, bathtubs and a service porch. Additional investor notables: spacious backyard area and four garages offer great duplex ADU building potential; new statewide density and parking requirements for multi-units near mass transit offers similar development upside as 97-unit 1112 Locust apartment building; improve best use of 5,498 sq. ft building space to double current bedroom count or increase income immediately with fully furnished apartments similar to current AirBnB Apt. #6. Don’t miss this rare opportunity to own a turnkey Cash Cow and a legacy of authentic history while taking full advantage of endless income growth. Seller MOTIVATED!!
#PW25177968

Long Beach

1025 Locust Avenue

None Beds

None Baths

5,498 Sq.Ft.

$1,935,000

MLS#: PW25177968

Located in the downtown area. Property has newer roof, six units have been refurbished, new electric circuit breakers, the upstairs pathway balcony deck are in great shape. The complex is near the beach, restaurants, shops, public transportation, bike paths, and central downtown. The complex has 4 car garages and one storage garage. plus, the complex is gated. Pictures show units 4, 5 and 7.
#SB25171143

Long Beach

1004 E 5th Street

None Beds

None Baths

7,122 Sq.Ft.

$2,200,000

MLS#: SB25171143

Located at 1242 E 7th St., Long Beach, CA, this turnkey 4-unit property offers a prime investment or owner-user opportunity in a vibrant, centrally located neighborhood. The property sits on a 8,000 sq. ft. lot and features a 2,875 sq. ft. building, delivering a mix of spacious and stylishly remodeled units. The property includes one three-bedroom unit (~ 775 sq. ft.), two two-bedroom units (~750 sq. ft.), and one one-bedroom unit (~ 600 sq. ft.). Each unit has been completely remodeled, featuring modern interiors, updated kitchens and baths, and premium finishes, making this property a true turnkey investment. This property offers significant value-add potential. The lot includes five garages, presenting an ideal opportunity for Accessory Dwelling Unit (ADU) conversion to maximize rental income. Additionally, the large lot size and layout provide ample space to build additional units. Other highlights include a long driveway and ample parking, a rare and desirable feature in urban multifamily properties. This makes the property particularly attractive to tenants and ensures strong occupancy rates. For those considering living on-site, one unit is currently vacant, offering the perfect owner-user opportunity to live in one unit while collecting income from the others. Alternatively, the vacancy allows for immediate leasing at market rent, boosting cash flow. With its modernized interiors, potential for expansion, and prime location near downtown Long Beach, this property is an excellent opportunity for investors and owner-users alike. Don’t miss out on this rare combination of current income and future upside. Contact us today for more information.
#PW25174476

Long Beach

1242 E 7th Street

None Beds

None Baths

2,875 Sq.Ft.

$1,690,000

MLS#: PW25174476

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here