Samimi CRE Advisors
Apartment Broker in Downtown Long Beach
Downtown Long Beach apartment broker — Cameron Samimi sells multifamily across the Pacific, Cedar, Chestnut, Locust, and Magnolia corridors, the densest rental core in the city.
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Downtown Long Beach closings
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Units sold
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Volume in Downtown Long Beach
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Avg $/unit
Downtown Long Beach Market
What you actually need to know about Downtown Long Beach multifamily
Downtown Long Beach is the city's densest multifamily submarket: pre-war and mid-century walk-ups on Pacific, Cedar, Chestnut, Locust, Olive, and Magnolia, mixed with newer infill near the Promenade and the waterfront. Unit counts run higher than anywhere else in Long Beach, studio and one-bedroom product dominates, and tenant demand is anchored by downtown employment, Cal State Long Beach commuters, and the port economy. Long Beach operates its own tenant relocation and just-cause framework alongside AB 1482, so underwriting has to account for both the rent cap and the relocation exposure on any repositioning plan. Buyers here split into two pools: long-hold private capital that wants the density and the walkability, and value-add operators pricing to a renovated rent that the submarket has repeatedly proven out. Cameron has closed repeatedly inside this core and knows which streets support the renovated rents that make a value-add pro forma credible to an appraiser.
Why Downtown Long Beach owners hire Cameron
Local proof, not generic LA coverage.
Closed transactions inside the downtown Long Beach walk-up core
Underwriting that accounts for Long Beach relocation exposure, not just AB 1482
Buyer book covering both long-hold density buyers and value-add operators
Long Beach apartment buildings for sale
9 active listings currently represented by Cameron Samimi, including 3 buildings of 10 units or more.
| Property | City | Units | Asking price | Price / unit |
|---|---|---|---|---|
| 1626 Pine Ave | Long Beach | 14 | $2,900,000 | $207,143 |
| 1950 Pacific Ave | Long Beach | 11 | $2,300,000 | $209,091 |
| 751 Cerritos Ave | Long Beach | 10 | $2,825,000 | $282,500 |
| 1922 Locust Ave | Long Beach | 8 | $1,700,000 | $212,500 |
| 1720 Cerritos Ave | Long Beach | 7 | $2,100,000 | $300,000 |
| 5339 E Ocean Blvd | Long Beach | 6 | $3,200,000 | $533,333 |
| 1427 E 4th St | Long Beach | 6 | $1,999,000 | $333,167 |
| 1341 Stanley Avenue | Long Beach | 4 | $1,297,000 | $324,250 |
Active listings represented by Samimi CRE Advisors. Pricing is subject to change — view all listings.
Long Beach closed apartment sales record
37 closings totalling $60,908,000 in recorded sale price, brokered by Cameron Samimi. These are his own closed transactions, not third-party market estimates.
| Property | Units | Sale price | Price / unit | Closed |
|---|---|---|---|---|
| 1621 E 1st StLong Beach, CA | 4 | $1,675,000 | $418,750 | Jul 2026 |
| 1734 Erie StLong Beach, CA | 7 | $2,150,000 | $307,143 | Mar 2026 |
| 3515 E 1stLong Beach, CA | 6 | $2,500,000 | $416,667 | Sep 2025 |
| 159 RoycroftLong Beach, CA | 4 | $1,840,000 | $460,000 | Jul 2025 |
| 5339 E OceanLong Beach, CA | 4 | $1,915,000 | $478,750 | Jun 2025 |
| 1409 MagnoliaLong Beach, CA | 6 | $1,500,000 | $250,000 | Apr 2025 |
| 1132 ArcadiaLong Beach, CA | 5 | $1,050,000 | $210,000 | Jan 2025 |
| 534 MaineLong Beach, CA | 4 | $1,220,000 | $305,000 | Jan 2025 |
| 263 CovinaLong Beach, CA | 4 | $1,450,000 | $362,500 | Dec 2024 |
| 1133 FreemanLong Beach, CA | 16 | $3,500,000 | $218,750 | Nov 2024 |
| 1436 E 4th StLong Beach, CA | 8 | $1,875,000 | $234,375 | Oct 2024 |
| 1922 LocustLong Beach, CA | 6 | $1,250,000 | $208,333 | Sep 2024 |
Sale data recorded from closed escrows and public listing records, last updated 2026-09-10. Unit counts shown only where a verified count exists. See all closed deals · How these figures are counted.
Downtown Long Beach FAQ
Questions from Downtown Long Beach apartment owners
Long Beach multifamily sales data
Aggregate figures from Samimi CRE Advisors' own closed Long Beach apartment sales — not a third-party estimate.
| Closed transactions (2019–2026) | 46 |
|---|---|
| Total closed volume | $73M |
| Median closed sale price | $1,375,000 |
| Median price per unitn = 37 transactions | $265,000 |
Updated 2026-09-10. Medians reflect one brokerage team's closings and are not a full-market index. Price-per-unit is calculated only on transactions with a recorded unit count of two or more. Full LA County dataset and methodology.
Rent regulation: Downtown Long Beach apartments fall under Tenant Relocation Assistance Ordinance + AB 1482. Read the Long Beach owner's reference. Verify for the specific property.
Nearby markets & resources
- Long Beach Multifamily Broker hubEvery submarket Cameron covers in this part of LA County.
- Alamitos Beach apartment brokerMarket brief, rent regulation notes, and closed sales in Alamitos Beach.
- Belmont Heights apartment brokerMarket brief, rent regulation notes, and closed sales in Belmont Heights.
- North Long Beach apartment brokerMarket brief, rent regulation notes, and closed sales in North Long Beach.
- How to sell an apartment buildingPricing, marketing, and escrow — the full process.
- Free Downtown Long Beach valuationA property-specific opinion of value, no obligation.
- 334+ closed transactions$446M+ in verified LA County multifamily volume.
- Multifamily seller FAQRent control, 1031 timing, fees, and timelines.
Free Downtown Long Beach apartment building valuation
Talk to Cameron Samimi — 310.259.7556 or cameron@lyonstahl.com.
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