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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Long Beach, CA
Listed for sale 3 days ago
$ 345,000
ROI
19.9
Cash Flow/m
16- 1 Bed
- 1 Bath
- 666 sft
545 Chestnut Ave APT 203, Long Beach, CA, 90802
$ 769,990
ROI
20.1Cash Flow/m
1- 4 Bed
- 4 Bath
- 1881 sft
5868 Linden Ave #3, Long Beach, CA, 90805
$ 600,000
ROI
21.6Cash Flow/m
260- 2 Bed
- 2 Bath
- 1019 sft
333 Linden Ave APT 1, Long Beach, CA, 90802
$ 459,000
ROI
27.8Cash Flow/m
1021- 2 Bed
- 2 Bath
- 1063 sft
1633 E 1st St APT 1, 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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