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What Sets Long Beach Property Apart From Other Beach Cities?

Dustin Edwards • Jan 15, 2024

Many people see beach cities as great investment opportunities for their real estate portfolio. They typically yield higher income and rarely lose their value. However, the initial cost to invest in these properties is usually higher than properties further away from the beaches. Long Beach CA is often seen as a great entry point for real estate in a beach city due to the lower costs.


In this article, we’ll go over what sets Long Beach apart from other beach cities and why investing in a rental property in Long Beach may be beneficial.


A Range of Neighborhoods

For investors, Long Beach CA has a variety of different types of properties in a number of different neighborhoods. For investors looking to begin building their portfolio, Long Beach offers many entry-level and economical options for rental properties. This includes single-family homes, duplexes, or homes with accessory dwelling units (ADUs). These are all great options for first-time landlords looking to enter the real estate business.


For
veteran investors, Long Beach offers more exclusive property options as well. Such as luxury rentals, beachfront properties, and upscale condominiums. This includes premium neighborhoods such as Belmont Shore and Rancho Estates.


Long Beach boasts a variety of neighborhoods, each with its unique character and charm. From the historic homes of Belmont Heights to the urban vibe of Downtown, there's something for everyone.


Tourism Industry

Many locations attract tourists to Long Beach, including several museums, event venues, the Queen Mary, and others. This means there is a high and diverse demand for rentals. For those investors looking for steady income, prospects looking for homes near where they work are great options for long-term rentals. 


Short-term rentals for those tourists are also a viable option for income. Short-term rentals require more input and maintenance and target a different demographic of potential tenants. While these properties may yield a higher income. You should keep a few factors in mind with short-term rentals. Tourism is often seasonal, and it's not uncommon for businesses to slow down during the colder months. In Long Beach, ADUs cannot be listed as short-term rentals, meaning there are limitations on who can take advantage of that market.

 


Centralized Location

Long Beach's vast coastline includes an amazing blend of events and beach activities. This, on its own, sets Long Beach apart from other beach cities. All of which can be used as a selling point when finding potential tenants. Although unique to Long Beach is its location in Southern California. It is located near Orange County and the heart of Los Angeles. This makes Long Beach a great location for people looking to be away from a major city like LA while still living in a vibrant city.


This location also makes Long Beach an “affordable” beach city when compared to the real estate market in other beach cities like Malibu or La Jolla.


Natural Green Spaces

While being a thriving urban city, Long Beach highly values green areas. Parks like El Dorado and Heartwell Park offer residents considerable natural greenery. El Dorado East Regional Park is a large 400-acre park with many amenities. Though it has a small fee to enter, El Dorado East is loaded with outdoor activities, including two fishing lakes and an archer range.  On the other hand, Heartwell Park is a large, over 100-acre linear park. Its length makes it a popular destination for people looking to stay healthy with a long walk or jog.


These areas give potential tenants the motivation to move to Long Beach. While providing many beautiful reasons to stay.


Owning rental properties in a beach city is often seen as a smart investment because of the opportunities it provides to investors. Long Beach is a great entry to owning beach city rentals while providing ample space to grow your portfolio. If you are looking for help managing your beach city rental properties, 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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