Westside (11) Homes with Apartment Subtype

Welcome to the vibrant Westside of Long Beach, California, where coastal charm meets urban sophistication! Nestled within Los Angeles County, this captivating region is known for its eclectic mix of residential options, including a variety of stylish homes and inviting apartments that cater to diverse lifestyles.

The Westside is more than just a place to live; it’s a community where convenience and culture thrive. Residents enjoy proximity to stunning beaches, scenic parks, and a plethora of dining and shopping options. Whether you’re strolling along the picturesque shoreline or exploring the local art scene, there’s always something to spark your interest.

Homes in the Westside are characterized by their unique architectural styles, ranging from classic bungalows to modern apartments. For those seeking an apartment lifestyle, the Westside offers a fantastic selection of multi-family homes that provide both comfort and convenience. These apartments often feature spacious layouts, contemporary amenities, and easy access to public transportation, making it an ideal choice for young professionals, families, and retirees alike.

Living in the Westside means embracing an active lifestyle, with plenty of outdoor activities available, from beach volleyball to biking along the scenic coast. The community is also known for its friendly atmosphere and strong sense of belonging, making it easy to forge connections with neighbors.

If you’re looking for a place that combines the best of coastal living with the vibrancy of city life, the Westside of Long Beach is the perfect destination. Discover your dream home or apartment in this dynamic neighborhood and experience all that this beautiful region has to offer!

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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