Westside (11) Homes with Apartment Subtype

Welcome to the vibrant Westside region of Long Beach, California, where coastal charm meets urban convenience. Nestled in the heart of Los Angeles County, this dynamic neighborhood offers a unique blend of residential comfort and lively community spirit. Known for its beautiful beaches, scenic parks, and a rich cultural scene, Westside is a haven for those who appreciate the best of Southern California living.

The Westside is characterized by its diverse architecture, with a special focus on homes featuring apartment subtypes. These properties are perfect for those seeking both space and flexibility, catering to a variety of lifestyles—from young professionals looking for a modern living space to families in search of a welcoming community. Many of these homes boast spacious layouts, contemporary amenities, and outdoor areas ideal for soaking up the California sun.

Residents of Westside enjoy easy access to a plethora of local attractions, including charming cafes, eclectic shops, and vibrant art galleries. The nearby beaches invite you to unwind with sun-soaked days, while the lush parks offer opportunities for recreation and relaxation. Additionally, the neighborhood is well-connected to public transportation, making it easy to explore all that Long Beach and the greater Los Angeles area have to offer.

With its unique blend of residential options and a strong sense of community, Westside is not just a place to live; it's a lifestyle. Whether you're looking for a cozy apartment or a spacious family home, this enchanting area has something for everyone. Come discover your perfect home in Westside, where the California dream awaits!

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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