Multifamily market guide
Selling an apartment building in Long Beach
Long Beach is the second-largest city in LA County, with a large and varied apartment stock from Belmont Shore to Bixby Knolls. Prices per unit are lower than in much of Los Angeles, and the city is outside Measure ULA.
What drives value in Long Beach
- Neighborhood, from Belmont Shore and Downtown to Bixby Knolls
- In-place rents versus market and turnover
- Building age, condition and parking
- Long Beach tenant relocation rules
Ask us for recent Long Beach sales, current cap rates and price per unit for buildings like yours.
- Rent control
- Buildings not covered by local rent control are often covered by California AB 1482, which caps annual increases and requires just cause for most evictions in buildings over 15 years old. Long Beach also has its own tenant relocation assistance rules.
- Transfer taxes
- Long Beach is a separate city, so Measure ULA does not apply. The standard Los Angeles County documentary transfer tax applies.
- Statewide rules
- Buildings not covered by local rent control are often covered by California AB 1482, which caps annual increases and requires just cause for most evictions in buildings over 15 years old.
Long Beach FAQ
Owner questions
Does Measure ULA apply in Long Beach?
No. Long Beach is a separate city.
Is there rent control in Long Beach?
Long Beach has no local rent control, but most older buildings fall under California AB 1482, and the city has tenant relocation assistance rules.
General information, not legal or tax advice. Rules and thresholds change; we confirm them for each sale.