Is Long Beach, CA a good place to invest in rental property?

Long Beach, CA has a median modeled monthly cash flow of $-2,837 and a median cap rate of 2.0%, on a median sold price of $897,000. Prices changed -0.8% year over year.

What is the average cap rate in Long Beach, CA?

The median cap rate across recently sold homes in Long Beach, CA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Long Beach, CA?

The median sold price in Long Beach, CA is $897,000 (about $619 per square foot).

Investing in Long Beach, CA Real Estate

A data-driven snapshot of the Long Beach, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$897,000Median sold price

$619Median $/sqft

2.0%Median cap rate

$-2,837Modeled cash flow / mo

-0.8%Appreciation YoY

9.0Months of supply

1,930Active listings

2,578Sold (last 12 mo)

What the Long Beach numbers say

In Long Beach, CA, the median home sold for $897,000 (about $619 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,837 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 9.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Long Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Long Beach, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Long Beach deals, or browse the national market data.