Long Beach Ca is a very diverse city. It has a state university as well as community colleges. Many college students need rentals. There is also a large population of young professionals not yet ready to buy and in need of a nice rental
Kawain Payne Realtor
That CERTAINLY applies to our fair city...Long Beach...
Even Better answers! And yes, Long Beach is a very active city, I think Maxine gave a fantastic answer!
I had to stop a share a Listing I have now of 6 units in the City of Long Beach that just went back on the market!
Good luck to all!
Century21 Masters - Covina
480 W. Rowland St. Ste B
Boeing just announced 300 more engineer positions available and there has been a dash for rental properties recently.
Long Beach is one of the Hottest Real Estate Markets in the Nation right now. Values are rising almost every day.
Call me if you would like more info. Best of luck!
I'm a real estate investor myself and other than property values, job market in the area, demand for rental units and the politics of a city is what i look at before I buy anything in that city to hold for long term. With that said, I think Long Beach is the best coastal city in LA county to invest in right now. Here is why:
1- The property values are still relatively affordable allowing for a better cashflow potential.
2- The city by itself has major industries that support the community and jobs. The port, the CSULB and Long Beach community college, the memorial health care facility and the air port are a few examples. There are always demand for rental units.
3- We have 710, 405, 605, 22 and 110 freeways easily accessible to us. We also have easy access to public transportation. These all make it very easy to commute to anywhere in Los Angeles or Orange Counties for business/work.
4- Long Beach has everything in itself. We have museums, play houses, night life, all kinds of food and shops, hotels, hospital, parks, convention center. We host major annual events like the Long Beach Grand Prix. These all make it a wonderful place to live in.
Hope this helps. If I could be of an assistance please feel free to call me. I'll be happy to answer all your questions with no strings attached. My contact information is below.
It depends on your risk tolerance. Investment term and return on investment needs.
Give me a call so we discuss what you needs and wants are and see if we have something that will fit. My focus is Investment Real Estate and have completed transactions in over 19 States.
3633 E. BROADWAY Ste. 100
LONG BEACH, CA 90803
OFFICE: 562-856-9300 ext. 33
DRE License # 01834404
If I can be of any further help feel free to contact me,
Barbara Robbins-Olexa, Broker
L B Brokerage
Servicing Long Beach and Neighbring Cmmunities for 34+ yeras
If you are using financing to purchase, be sure you have spoken with your lender about what you will need for a down payment and what your price range will be. If you need a recommendation in this area, let me know and if there is anything else I can help you with, like a list of available properties. Best of Luck!