Rare Long Beach Investment Portfolio – 2 Parcels | 10 Units + Billboard
Prime investor opportunity with 2 adjacent parcels on a high-traffic corner. Includes a 9-unit multifamily (approx. 4,220 SF, built 1942) and a 3 bed, 2 bath SFR (approx. 1,136 SF, built 1913) on a 5,982 SF lot. Strong rental demand area with long-term tenants and value-add potential through unit upgrades or redevelopment (buyer to verify with city). Bonus on-site billboard offers rare passive income stream (buyer to verify use/income). Located near downtown, hospitals, and transit. Zoning may support future mixed-use or higher density (buyer to verify). Ideal for 1031 exchange, cash flow investors, or long-term hold with upside.