Best Neighborhoods To Invest In Long Beach, CA
Long Beach offers a diverse range of neighborhoods for real estate investors, from beachfront communities to urban hubs with high rental demand. Here are some of the areas that stood out as prime investment opportunities.
1. Belmont Shore
Belmont Shore is one of Long Beach’s most desirable neighborhoods, known for its lively atmosphere, beachfront access, and strong rental demand. Home prices average around $1.2 million, but the steady rise in property values makes it a solid long-term investment.
2. Downtown Long Beach
Downtown Long Beach has transformed into a vibrant urban hub, attracting investors with its high-rise condos, nightlife, and business growth. With homes averaging around $650,000, the area offers great potential for rental income. Its proximity to public transit and entertainment options makes it appealing to young professionals seeking a city lifestyle.
3. Bixby Knolls
Bixby Knolls is a quiet, tree-lined neighborhood with historic homes, strong community appeal, and top-rated schools. Home values average around $850,000, and steady appreciation makes it an attractive long-term investment.
4. East Village Arts District
The East Village Arts District is a trendy, artsy neighborhood known for its loft-style homes, unique architecture, and cultural scene. Properties average around $700,000, and the demand for rentals is high due to its appeal among artists, young professionals, and tourists.
5. Wrigley
Wrigley is one of the more affordable investment areas in Long Beach, with home prices starting around $550,000. As the demand for housing continues to grow, it’s a great choice for investors looking for rental income. The neighborhood’s proximity to major freeways adds to its appeal.
6. Alamitos Beach
Alamitos Beach is a hotspot for renters and vacationers. Home values average $600,000, and the steady demand for beachfront living makes it an ideal choice for long-term and short-term rental investments.
7. Lakewood Village
A suburban neighborhood with spacious homes and well-maintained properties, Lakewood Village offers stability and long-term growth. Homes average around $750,000, and the neighborhood attracts families and retirees looking for a quiet, community-focused area.
8. Signal Hill
Signal Hill is a growing luxury market atop a hill with breathtaking city and ocean views. Modern homes and condominiums have increased in value, with home prices averaging $850,000. The area continues to see strong demand, making it a promising investment.
Each of these neighborhoods offers unique opportunities for investors, whether you’re focused on rental income, appreciation, or affordability.