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Top 5 Reasons A Rental Property in Long Beach Is a Smart Investment

Dustin Edwards • May 30, 2023

Long Beach is an amazing city with great weather. While it's the sixth largest city in California, it has a small-town feel. With a strong and stable economy, Long Beach is an excellent location for an investment property with the potential to increase in value over time. 


Why is it wise to have a rental property in Long Beach? Today we’ll answer that question with the top five reasons why a rental property in Long Beach is a wise investment.


The Great Weather

First and foremost, Long Beach has fantastic weather all year round. Even during the summer, Long Beach rarely gets above 85° F, with cool nights around 60°F. Winters are equally comfortable, with temperatures rarely falling below 58°F on average at night. Great weather brings a wide variety of people to visit and live in, which means that well-kept rentals in Long Beach rarely remain vacant for long. 


Location

Long Beach is a major city in California with a growing population and a bustling economy. There will always be a need for housing. Long Beach also sits between Los Angeles and Orange County, which allows it to benefit from both resources. With people returning to work in person, Long Beach gives families and couples a great home base if they work in the surrounding counties. 


Affordable Beach City Property

While not cheap, investment properties in Long Beach are Southern California's most affordable beach city properties. This may seem insignificant, but it provides a future upside if you need to sell homes in Long Beach. 


Diversity 

As the intro mentions, Long Beach is a big city with a small-town feel. Much of this comes from the wide variety of people and homes there. Even though Long Beach has a lively tourist presence, it doesn’t affect the residents. The combination of homes and neighborhoods in Long Beach allows investors to find properties desirable to many different types of people. Long Beach investment properties range from affordable studio apartments to single-family homes or luxury apartments. With a particular school district, ease of transportation combined with the high demand for rentals, Long Beach’s diversity of people and properties means there is always someone ready to move in. This means it's easier to find desirable tenants who live in your rental long-term, respect the property and cause little to no problems.


Growth Potential

Long Beach is steadily growing, which can only increase the need for rentals. With low vacancy rates, you shouldn’t find it challenging to find a high-quality tenant. You’ll be able to increase rent every year steadily, and often it won't be an issue due to how desirable it is to live in Long Beach. The value of homes has been increasing steadily over the years. This means that investors can expect to see the return on investment of their rentals increase over time. 


Long Beach is a great city for anyone investing in rental properties. With so many opportunities to make income, having a reliable property manager is helpful. If you need help finding the right investment property for you or have any questions about what services we provide at Beach Cities Management, we invite you to call us today at (562) 888-0247 or fill out our
Owner Application online.

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By Dustin Edwards 01 May, 2024
Everyone wants to feel safe in their homes. As an investment property owner, it's up to you to decide whether or not to include security measures in your property. Many of the costs associated with the security measures can be included in the rent, meaning not only can you keep your property safe, but you can earn more income in the long run. However, you would still want your tenants to have renters insurance to protect their assets. Today, we’ll discuss the top five security measures you can add to your property and why they're beneficial to you and your tenant. Security Cameras Cameras are probably one of the first security measures people think about when asked about security. Cameras provide more benefits than just surveillance. They provide an extra level of security for the safety of the tenants and their belongings. Additionally, security cameras can be useful when repairs are required. Cameras can aid in supervising repairs and maintenance to ensure you’re receiving the agreed-upon work. During vacancies when the property is empty, security cameras can help keep the property safe from potential intruders. Doorbell cameras are incredibly popular now. They provide the aforementioned safety of a camera that can be accessed remotely, as well as the ability to communicate with visitors. Although one must be careful never to say you're not home, just say you're unavailable to strangers. Security Lights Security lights with motion detectors are another effective tool when adding security measures to your property. These lights brightly if a potential intruder attempts to get near your home. They can provide enough illumination to see the intruder or, at the very least, scare them off. Nowadays, you can find a combination of security cameras and motion-activated security lights, such as the floodlight cam wired plus from Ring . Additionally, because these lights only turn on when motion is detected, they’re more cost-effective than traditional lights with a switch. Illuminate the Property Light generally deters intruders as it's more difficult to hide. Adding lighting to the landscaping can increase the security of the property while creating a relaxing atmosphere. Lights can also be used in other areas of the property to accent features such as trees, benches, or artwork. This can help your property stand out while giving your tenants an additional feeling of safety. Keyless Entry Keyless entry is seen as both a convenience feature and a security feature. They usually use an electronic passcode, biometric data, or grant access through a smartphone app. Physical keys can be lost, stolen, or duplicated. You reduce the risk of unauthorized entry by eliminating the need for a physical key to enter the property. Many keyless entry systems include several features, such as remote locking and monitoring. Although keyless entry is a great new technology for keeping your tenants and properties safe, they’re best used with other security systems. Security Company Nothing beats having an extra pair of eyes on your property for security. This is where security companies like ADT and SimpliSafe come in. While companies may deal with security in varying ways, they aim to protect your investment. While safety is the primary role of a security company, remember that many tenants may be willing to pay more for a premium amenity like a home security company. Keeping your property and tenants safe is incredibly important to the longevity of an investment property. If you’re looking to improve the security of your Long Beach rental property or need help managing your beach city rental property, we invite you to call us today at (562) 888-0247 or fill out our Owner Application online .
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