Eastside, Circle Area (3) Homes with Mixed Use Subtype

Eastside, Circle Area (3) Homes with Mixed Use Subtype

Welcome to the vibrant Eastside Circle Area of Long Beach, California, where urban charm meets coastal living! Nestled within the heart of Los Angeles County, this eclectic neighborhood is renowned for its unique blend of residential and commercial spaces, making it an ideal location for those seeking a dynamic lifestyle.

The Eastside Circle Area is characterized by its diverse community, rich cultural heritage, and picturesque tree-lined streets. Here, you’ll find a delightful mix of historic homes and modern architecture, all with the added benefit of mixed-use properties. This means residents can enjoy the convenience of having shops, cafes, and services just steps away from their front doors, fostering a true sense of community and accessibility.

Homes in the Eastside Circle Area offer a variety of styles and sizes, catering to a range of preferences and budgets. Whether you’re looking for a cozy bungalow, a chic loft, or a spacious family home, you’ll find it all here. The mixed-use subtype allows for a seamless blend of living and working spaces, making it perfect for entrepreneurs or those who value the convenience of having their business close to home.

Living in the Eastside Circle Area means embracing a lifestyle filled with cultural experiences, outdoor activities, and a strong sense of community. Enjoy easy access to nearby parks, local art galleries, and an array of dining options that celebrate the area’s culinary diversity. With its perfect blend of urban energy and coastal tranquility, the Eastside Circle Area is not just a place to live; it’s a place to thrive. Discover your dream home in this captivating neighborhood today!

Newest Eastside, Circle Area (3) Homes with Mixed Use Subtype

1761 Park Avenue, Long Beach
$8,000,000
PW26215271 MLS ⋅ Active Status
STUDENT HOUSING OPPORTUNITY – 64 BEDS + 8 BEDS = 72 MAX BEDS. 7.47% CURRENT CAP, WITH MARKET CAP RATE AT 8.63%-9.14%! Park Villa Apartments, an 18-unit / 64-bed off-campus student housing asset serving California State University, Long Beach (CSULB). The property operates under a “by-the-bed” leasing model commonly used in purpose-built student housing, offering furnished individual beds rather than leasing entire units. This structure provides students greater flexibility while generating higher effective rents per unit and diversified cash flow for ownership. Park Villa Apartments features (4) 3BD/2BA, (2) 2BD/2BA, (10) 2BD/1BA and (2) 1BD/1BA units surrounding a landscaped courtyard, along with on-site laundry, eight garages and 12 tandem surface parking spaces. Comprehensive renovations completed in 2023 include upgraded electrical and plumbing systems, new dual-pane windows, laminate flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, modern lighting, ceiling fans and fixtures throughout. The property is located near Long Beach’s Traffic Circle, providing walkable access to extensive retail, dining and everyday services. Its proximity to CSULB and the 405 Freeway also provides convenient connectivity throughout Long Beach, the South Bay and Orange County. CSULB has 3,500 on-campus beds serving more than 42,000 students—an on-campus housing saturation rate of approximately 8%—leaving the overwhelming majority of students reliant on the private housing market. Demand is further supported by record enrollment and approximately 84,000 applications in the most recent admissions cycle, the highest applicant volume in the 23-campus CSU system. This persistent supply-demand imbalance provides Park Villa Apartments with a deep, recurring renter pool. Combined with annual lease resets, recurring new-student demand and approximately 25% tenant retention, the property’s by-the-bed model provides a compelling foundation for stable occupancy, income growth and long-term student housing demand.

1761 Park Avenue, Long Beach
3245 E Wilton, Long Beach
$1,345,000
OC26185530 MLS ⋅ Active Status
The Wilton Courtyard is a 5-unit multifamily property located at 3245 E Wilton Street in Long Beach’s Eastside submarket. The property offers the potential to add three ADU units, providing an opportunity to expand the existing 5-unit property to 8 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange County.

3245 E Wilton, Long Beach
3245 -3301 E Wilton Street, Long Beach
$2,695,000
OC26185350 MLS ⋅ Active Status
The Wilton Courtyard is a 10-unit multifamily property located at 3245–3301 E Wilton Street in Long Beach’s Eastside submarket. The property features approved plans for six additional ADU units, providing the potential to expand the existing 10-unit property to 16 total units, subject to applicable permits and construction. The property is being offered for sale individually or in combination with the adjacent property. Conveniently located near Belmont Shore, 2nd Street, Retro Row, Broadway, and Downtown Long Beach, with nearby access to restaurants, retail, entertainment, parks, recreation, and the coast. The property also offers convenient access to the 405 and 710 Freeways, providing connectivity throughout Long Beach, Los Angeles, and Orange Counties.

3245 -3301 E Wilton Street, 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.

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