Let’s begin by having you watch the 1 minute video I shot yesterday of this KILLER MultiFamily DUPLEX Income Property listed for sale by Coldwell Banker Christi Di Leo in Long Beach, Los Angeles County.
Long Beach Los Angeles DUPLEX MultiFamily Income Property For Sale (click here to watch video!)
Long Beach is in the southern most part of Los Angeles and offers a HUGE selection of MultiFamily DUPLEX and other Income Properties FOR SALE. The video above highlights an amazing DUPLEX FOR SALE in Belmont Heights, an incredible neighborhood so close to the Bay, 2nd Street dining/shopping and the beach!This DUPLEX is located on Quincy Avenue and features a 4 bedroom 2 bathroom front home & a 2 bedroom 1 bathroom rear home on a large well landscaped lot. Please visit MultiFamilyOWL by clicking this live link to see more pictures, descriptions and financials.
(All property details retrieved from multiple public real estate websites, Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)
You can view some blog posts I wrote earlier which speak to the topic of Los Angeles RENT CONTROL and how many investors are succeeding in the LONG BEACH multifamily DUPLEX income Property market with a keen understanding of the rules and guidelines.
Long Beach is located in Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is some rent control in Long Beach, but there are exceptions on a case by case basis.
Long Beach’s population was 467,892 as of 2012, which makes it the seventh largest city in California. The estimated median household income in 2011 was $51,214 (it was $37,270 in 2000). This is lower than the California median which was $57,287 in 2011.
The city is a dominant maritime center of the United States. The Port of Long Beach is the United States’ second busiest container port and one of the world’s largest shipping ports. The city also maintains a large oil industry with oil being found both underground and offshore. Manufacturing sectors include those in aircraft, car parts, electronic and audiovisual equipment, and home furnishings. It is also home to headquarters for corporations including Epson America, Molina Healthcare, and SCAN Health Plan. Education is also a big industry with Long Beach Unified School district being the largest employer in the city (11,334 employees).
The city also enjoys being close to a variety of conveniences. The Long Beach Airport has domestic flights and the Los Angeles International Airport (LAX) has international and domestic flights and is 23 miles from Long Beach. The Los Angeles County Metropolitan Transportation Authority (LA Metro) provides public transportation services at the county level. LA Metro operates the Metro Blue Line, a light rail service that runs between the Downtown Long Beach Station and the 7th Street/Metro Center Station in Downtown Los Angeles. From the 7th Street/Metro Center Station, passengers can make connections to Hollywood, Union Station, Pasadena, East LA, Universal Studios, Chinatown, and other points of interest along the Los Angeles Metro Rail network. There is also a large city wide transportation operated by Long Beach Transit.
There are 6 hospitals in long beach including St Mary Medical Center, Long Beach Medical Center, Long Beach Memorial Center and VA Long Beach Healthcare system to name a few. There are also 6 colleges in Long Beach, the biggest of which is California State Long Beach, which has 26,754 full time enrolled students.
Long Beach has many attractions, including Shoreline Village, Naples Island, Belmont Shores, the Queen Mary, the Pike, the Long Beach Performing Arts Center, the Aquarium of the Pacific, and many many more. For restaurants, nightlife, entertainment, recreation, boutique shopping, and historical or art appreciation, Long Beach offers it all.
All of these features make Long Beach one of the best places to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and many renters. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.Also serving other Los Angeles County Cities.This information was gathered from www.longbeach.gov, city-data.com, and wikipediaThank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Long Beach.