Poly High (9) Homes with Multi Level Stories

Welcome to the vibrant community surrounding Poly High in Long Beach, California! Nestled in the heart of Los Angeles County, this area is not only known for its rich cultural diversity but also for its strong sense of community and excellent educational opportunities. Poly High School, with its stellar reputation, serves as a cornerstone of the neighborhood, attracting families who value quality education and a supportive environment for their children.

As you explore the housing options in this dynamic region, you'll find a variety of homes that cater to different lifestyles and preferences. One of the standout features of this area is the availability of multi-level story homes. These residences offer a unique blend of spacious living and architectural charm, making them perfect for families, professionals, or anyone looking to enjoy the benefits of a well-designed space.

Multi-level homes in this region often feature open floor plans, allowing for natural light to flow through each level, creating an inviting atmosphere. With multiple stories, residents can enjoy separate living areas, providing the perfect balance of togetherness and privacy. Many of these homes also boast stunning views of the surrounding landscape, adding to the allure of daily life in Long Beach.

Living near Poly High means you'll have access to beautiful parks, local shops, and a vibrant dining scene, all while being just a short drive from the stunning California coastline. Whether you're looking to invest in a family home or seeking a stylish retreat, the multi-level homes in this area offer an ideal opportunity to experience the best of Long Beach living. Embrace the charm, convenience, and community spirit that Poly High and its surroundings have to offer!

Newest Poly High (9) Homes with Multi Level Stories

$1,250,000

SR26107777 MLS ⋅ Active Status

Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, all in one of Southern California’s most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: • One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. • One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. • Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently two vacancies, 1403 Lemon Ave delivers an impressive 8.76% cap rate—a rare find in today’s Southern California market. With below-market rents in place and room for value-add improvements, there’s still significant upside potential for rental increases over time, particularly as the Long Beach rental market continues to strengthen. For investors seeking a stabilized asset with future growth potential, this property offers both: strong existing cash flow and long-term opportunity for rent optimization and appreciation. Parking & Storage: Valuable Add-Ons The property includes four garages and two uncovered driveway parking spaces, a premium amenity in this densely populated urban neighborhood. These spaces could potentially generate additional income if rented separately or bundled with leases—another layer of return on your investment. Garages may also appeal to owner-users, short-term rental hosts, or tenants needing extra storage. Prime Location Near Downtown Long Beach

1403 Lemon Avenue, Long Beach

$1,615,000

4 Beds ⋅ 11 Baths ⋅ 26640863 MLS ⋅ Active Status

CHEAPEST PRICED LISTING IN ALL OF LONG BEACH. PRICED TO SELL. 8.4 GRM AND 7.2% CAP WITH UPSIDE TO A 8.0 GRM AND 7.7% CAP. 11 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (you can increase 8.7% this year). The property is professionally managed and well-maintained. The property is MASTER METERED for all utilities and as such, there is an opportunity for a new owner to either implement a RUBS program or increase rents to cover these costs. Electrical updated in the past 3 years. Qualified Buyers can put as little as 25% down and earn over a 12% cash on cash return against in-place rents. Excellent lender financing available at 5.4% fixed for 5 years - for qualified Buyers. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Qualified Buyers can put down as little as 25% with excellent bank financing. Additionally, the Long Beach airport is undergoing a $37MM renovation for the upcoming 2028 Olympic Games.

1377 Warren Avenue, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.