Condo Investment Properties for Sale in Long Beach, CA
Listed for sale 3 days ago
$ 575,000
ROI
20.2
Cash Flow/m
20- 3 Bed
- 2 Bath
- 1158 sft
3605 E Anaheim St Unit 225, Long Beach, CA, 90804
Fix & Flip
Rental Income
Listed for sale 4 days ago
$ 255,000
ROI
24.5Cash Flow/m
336- - Bed
- 1 Bath
- 420 sft
455 E Ocean Blvd APT 1106, Long Beach, CA, 90802
Listed for sale 5 days ago
$ 619,900
ROI
21.5Cash Flow/m
240- 2 Bed
- 2 Bath
- 1400 sft
4142 E Mendez St Unit 430, Long Beach, CA, 90815
Listed for sale 5 days ago
$ 425,000
ROI
25.6Cash Flow/m
689- 1 Bed
- 1 Bath
- 823 sft
1633 E 1st St APT 4, Long Beach, CA, 90802
Why Invest in Long Beach, California?
Investing in condominiums in Long Beach, CA offers unique opportunities in a vibrant coastal city. With a steady demand for rental properties and an average rental yield of around 6%, the condo market is attractive for both investors and homeowners. The city's cap rate of 5.5% and historical appreciation rates further underline its potential for strong returns.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$400/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average cost of condos in Long Beach is around $500,000, varying based on the neighborhood and amenities available. This price point makes it an attractive option for both first-time buyers and investors.
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