Multi-family properties in Long Beach come with specific complications: AB 1482 rent caps, Just Cause eviction requirements, multiple tenants, and deferred maintenance across multiple units. Jay Buys Houses buys duplexes and small multis with all of it in place.
Long Beach's Just Cause Eviction Ordinance and California's AB 1482 rent cap apply to most multi-family properties. Removing tenants to sell vacant costs $5,000–$20,000+ per unit in relocation assistance plus months of legal process. We buy with tenants in place and manage these relationships post-close.
Small multi-family properties (2–4 units) are valued differently from single-family homes. We consider gross rent multiplier (GRM), cap rate, and renovation potential — not just comparable sales. Our offer reflects the income approach and the as-is physical condition of each unit.
Multi-family properties often have compounded deferred maintenance: multiple roofs, multiple kitchens and baths, shared systems in varying states of repair. We scope each unit's condition and aggregate the renovation cost accurately in our offer.
Jay Buys Houses has purchased duplexes, triplexes, and small apartment buildings throughout Long Beach. We understand the income approach to valuation, the specific tenant protection rules for multi-family in Long Beach, and how to assess multiple units efficiently.
Free cash offer in 24 hours. 5-minute response. No obligation ever.