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Long Beach, the coastal city of Los Angeles County, is the southernmost beach city in the county and is directly on the Orange County border. It seems like a logical place for real estate investing, but where do you begin?
Long Beach has several distinct neighborhoods offering unique characteristics. Houses in Long Beach real estate can range from high-end to affordable.
The price range is just the beginning. Long Beach neighborhoods offer much more than a price range for real estate investments.
We could go on and on about all the neighborhoods in the city. Instead, we've chosen the best ones to consider if you're interested in investing.
Keep reading to see which up-and-coming neighborhoods in Long Beach you should invest in now.
Real Estate Investing in Long Beach, CA
If California's housing market forecasts are right, now is a great year to invest in real estate in most counties. Prices are estimated to be at their lowest levels since 2020, and inventory is growing. Mortgage rates are a big factor for many buyers, making it a great time for investors with cash on hand.
Looking at Long Beach real estate, the window of opportunity could be closing as home prices are expected to increase as inventory decreases. You want to buy sooner rather than later.
Alamitos Heights
Alamitos Heights is a great option if someone is looking for a place to live in Long Beach. It's south of Pacific Coast Highway, bordering Park Estates and 7th Street.
It's one of the most sought-after neighborhoods in the area, and most people are drawn to it because of Rec Park Golf Course and the Colorado Lagoon.
Most homes in Alamitos Heights have a lot of space, so it's great for families.
Belmont Heights
Belmont Heights is the perfect spot to invest in real estate and receive a return on investment. It's a mix of single-family homes and smaller apartment buildings, the including California bungalow, Spanish, and Contemporary styles.
Many homes were built in the '20s and have been updated with the best features, keeping the charm of the original.
It's close to great amenities, like parks, shopping, restaurants, schools, and the beach, which people love. Plus, renters can enjoy the quietness of tree-lined streets.
East Long Beach
Long Beach's east side has a few great neighborhoods to check out, including the following:
- Los Altos
- Lakewood Plaza
- Carson Park
- Stratford Square
Each one has its own unique charm. Most homes are single-story, 5,000-6,000 square feet, and built on raised foundations with one or two-car garages.
East Long Beach neighborhoods may provide real estate investments for your money. With the right upgrades and amenities, you can attract millennials who are drawn to the area.
Are You Ready to Invest?
Now's the time to invest in Long Beach. Partnering with the right property management company is timeless.
Don't take real estate investing lightly. At PMI Patron, we specialize in managing properties to maximize your investment.
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