Westside (11) Homes with Apartment Subtype

Welcome to the vibrant Westside region of Long Beach, California, where coastal charm meets urban sophistication. Nestled within the heart of Los Angeles County, this dynamic community offers a unique blend of residential living, cultural richness, and scenic beauty, making it an ideal place to call home.

The Westside is known for its diverse neighborhoods, each with its own character and appeal. From cozy bungalows to modern apartment complexes, the housing options here cater to a variety of lifestyles. For those seeking the convenience of apartment living, you'll find a delightful selection of homes with apartment subtypes, perfect for individuals, couples, or small families. These residences often feature contemporary designs, open floor plans, and amenities that enhance your living experience, such as pools, fitness centers, and communal spaces.

One of the standout features of the Westside is its proximity to beautiful beaches and parks, providing residents with ample opportunities for outdoor activities and relaxation. Enjoy a leisurely stroll along the shoreline or take advantage of the nearby parks for picnics and recreational sports. The area is also rich in cultural attractions, including art galleries, theaters, and vibrant local markets that showcase the diverse culinary scene.

With a strong sense of community and a variety of local events, the Westside fosters a welcoming atmosphere that makes it easy to connect with your neighbors. Whether you’re looking for a cozy apartment or a spacious home, the Westside of Long Beach offers a perfect blend of convenience, comfort, and coastal living. Come explore this enchanting region and discover your dream home today!

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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