Westside (11) Homes with Apartment Subtype

Welcome to the vibrant Westside region of Long Beach, California, where coastal charm meets urban sophistication. Nestled within Los Angeles County, this lively community is known for its stunning beaches, eclectic neighborhoods, and a rich tapestry of cultural experiences. Whether you're strolling along the picturesque shoreline or enjoying the bustling atmosphere of local shops and eateries, Westside offers a unique blend of coastal living and city convenience.

The Westside is particularly appealing for those seeking homes with an apartment subtype. These properties often feature modern amenities, spacious layouts, and a variety of options to suit different lifestyles. From cozy one-bedroom apartments perfect for young professionals to larger multi-family homes ideal for families, the Westside has something for everyone. Many of these residences boast beautiful views of the ocean or the vibrant cityscape, allowing you to enjoy the best of both worlds right from your home.

Residents of the Westside enjoy easy access to a range of recreational activities, including beach volleyball, surfing, and scenic parks. The area is also well-connected to public transportation, making commuting to downtown Los Angeles a breeze. With a strong sense of community and a diverse population, Westside Long Beach is not just a place to live, but a place to thrive.

Explore the inviting homes in this dynamic region, where you’ll find the perfect blend of comfort, convenience, and coastal allure. Discover your dream apartment on the Westside today, and embrace a lifestyle that celebrates the best of Southern California living!

Newest Westside (11) Homes with Apartment Subtype

$5,600,000

OC26123229 MLS ⋅ Active Status

Seller Financing Available – 75% LTV at 4% Interest, Interest-Only Payments for Up to 5 years. La Pasada, a 29-unit apartment building located at 515 W. 3rd Street in the heart of Downtown Long Beach. The property consists of 11 SRO units, 14 studios, and 4 one-bedroom apartments, serving the area's growing demand for affordable workforce housing. Originally constructed as a hotel, La Pasada has operated as apartments for more than two decades while retaining its grandfathered hotel zoning. This rare designation provides ownership with the flexibility to continue operating as apartments or explore future short-term lodging opportunities. The building has undergone substantial capital improvements, including renovated unit interiors, central HVAC throughout all 29 units, a remodeled second-floor community bathroom, updated building systems, and an on-site laundry facility. Additional improvements include a newer roof, upgraded electrical infrastructure, replacement windows, and sewer line improvements. Located within walking distance of the waterfront, La Pasada benefits from proximity to Aquarium of the Pacific, Long Beach Convention Center, Shoreline Village, and Cesar E. Chavez Park. The property also enjoys convenient access to the 710 Freeway, Pacific Coast Highway, public transportation, and the ongoing redevelopment of Downtown Long Beach. With below-market financing, a strategic downtown location, flexible zoning, and upside through stabilization of occupancy, La Pasada represents a compelling investment opportunity in one of Southern California's most dynamic urban markets. Investment Highlights Seller financing: 75% LTV at 4% interest, interest-only payments for up to 5 years 29-unit workforce housing asset (11 SROs, 14 studios, 4 one-bedrooms) Grandfathered hotel zoning provides operational flexibility Significant recent capital improvements completed Central HVAC in first floor units Opportunity to increase income through lease-up and operational stabilization Walkable Downtown Long Beach location near major employment, entertainment, and waterfront amenities Positioned to benefit from continued investment and redevelopment in Downtown Long Beach Current stabilized cash-on-cash return exceeds 7% with seller financing in place.

515 W 3rd, Long Beach

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