Professional grm calculator optimized for residential properties in Long Beach. Local market data shows 4.7% average cap rates and $825,000 median property values.
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The Long Beach, CA residential real estate market offers unique investment opportunities. With a median home price of $825,000 and average cap rates of 4.7%,residential properties in this market present a stable investment profile.
Current market conditions show properties averaging 37 days on market, with year-over-year appreciation of 4.3%. Average cash-on-cash returns for residential investments in Long Beach are approximately 7.1%.