Airbnb City Guide: The Best Places To Invest in Long Beach, California

Airbnb Rules and Regulations in Long Beach, California

As of 2024, Long Beach subjects short-term rentals to specific regulations. However, they do allow both hosted and unhosted short-term rentals. Hosts must register their property annually for a fee of $250 and obtain a City-issued registration number to be displayed on all listings. The number of guests is limited to two per bedroom, with a maximum of ten. Hosts are restricted to operating one primary residence and one non-primary residence as short-term rentals. In multi-family buildings, the number of short-term rental units is capped based on the total number of units in the property.

Hosts must designate a local contact person, such as a co-host, available 24/7 to respond to complaints within one hour. The 13% transient occupancy tax must be collected and remitted monthly. Occasional events exceeding the maximum occupancy require a separate permit, with a limit of four such permits per year. While the regulations are relatively permissive compared to other California cities, like Los Angeles, hosts must remain vigilant to ensure full compliance and avoid potential fines or registration revocation.

Long Beach Airbnb Market Data:

• Average Revenue – $45.2K per year
• Average Daily Rate – $222.9 per night
• Average Occupancy Rate – 68%
• Average RevPAR – $149.3
• Average Home Prices – $825,502

1. Top Place to Invest in Long Beach, California - Alamitos Beach

Alamitos Beach, a vibrant coastal neighborhood in Long Beach, California, has emerged as a prime location for building a new Airbnb business. With its stunning beach views, diverse attractions, and convenient location, this area offers a unique opportunity for those looking to capitalize on the growing short-term rental market.

Alamitos Beach Airbnb Market Data:

• Average Revenue – $46.4K per year
• Average Daily Rate – $215.9 per night
• Average Occupancy Rate – 69%
• Average RevPAR – $145

Convenience - 8/10

Alamitos Beach boasts excellent convenience, with easy access to public transportation, grocery stores, and a variety of restaurants and cafes. The neighborhood's walkability allows visitors to easily explore the area, making it an attractive destination for tourists and business travelers.

Tourist Attractions - 7/10

While Alamitos Beach may not have as many world-renowned attractions as some other areas in Long Beach, it still offers plenty of appeal for visitors. The beach itself is a major draw, with its wide sandy expanses and opportunities for swimming, sunbathing, and beach volleyball. The nearby Shoreline Village provides additional entertainment options like shops, restaurants, and boat rentals.

Things to Do - 7/10

Alamitos Beach offers a range of activities for visitors, from water sports and beach lounging to exploring the local dining and nightlife scene. The neighborhood hosts several annual events, such as the Long Beach Pride Festival and the Alamitos Beach Neighborhood Association's Summer Concert Series, which add to its appeal.

Average Home Prices - 6/10

As of 2024, the median home price in Alamitos Beach is $850,000, according to Zillow data. This represents a 2.5% appreciation rate over the past year, which is slightly lower than the overall Long Beach market. While the prices are relatively high compared to some other areas, the potential for strong rental income and long-term appreciation makes Alamitos Beach an attractive option for investors.

Proximity to Work-Related Travel - 8/10

Alamitos Beach is conveniently located near several major work-related destinations, including the Long Beach Convention & Entertainment Center, Long Beach Memorial Medical Center, and the Long Beach Airport. This proximity makes the neighborhood ideal for business travelers and medical professionals seeking corporate rentals.

X-Factor - 8/10

What sets Alamitos Beach apart is its perfect blend of beach lifestyle and urban convenience. The neighborhood's laid-back vibe and easy access to the bustling downtown area create a unique and desirable atmosphere for visitors. The stunning ocean views and the opportunity to experience the quintessential Southern California beach culture make Alamitos Beach a standout choice for Airbnb investors.

2. Top Place to Invest in Long Beach, California - Downtown Long Beach

Downtown Long Beach, the heart of the city, has transformed into a thriving hub for business, entertainment, and tourism. This dynamic neighborhood offers a wealth of opportunities for Airbnb investors seeking to capitalize on the growing demand for short-term rentals in a vibrant, urban setting.

Downtown Long Beach Airbnb Market Data:

• Average Revenue – $45.4K per year
• Average Daily Rate – $222.3 per night
• Average Occupancy Rate – 68%
• Average RevPAR – $149.8

Convenience - 9/10

One of Downtown Long Beach's greatest strengths is its exceptional convenience. The area is well-served by public transportation, including the Metro Blue Line and numerous bus routes, making it easy for visitors to navigate the city. The neighborhood also boasts a wide array of restaurants, cafes, shops, and services, catering to the needs of both residents and tourists.

Tourist Attractions - 8/10

Downtown Long Beach is home to several notable tourist attractions, such as the Long Beach Convention & Entertainment Center, the Aquarium of the Pacific, and the historic Queen Mary. These destinations draw visitors from around the world, providing a steady stream of potential guests for Airbnb hosts, especially if you can make your listing stand out.

Things to Do - 9/10

From exploring the vibrant arts scene at the Museum of Latin American Art to enjoying live performances at the Long Beach Performing Arts Center, Downtown Long Beach offers a diverse range of activities for visitors. The neighborhood also features numerous parks, including the picturesque Shoreline Aquatic Park, which offers stunning views of the harbor and the iconic Queen Mary.

Average Home Prices - 7/10

According to Zillow, the median home price in Downtown Long Beach as of 2024 is $720,000, representing a 3.2% appreciation rate over the past year. While prices are higher than in some other areas of Long Beach, the potential for strong rental income and long-term appreciation makes Downtown an attractive option for investors. The neighborhood's growing popularity and ongoing revitalization efforts are likely to drive further price growth in the coming years.

Proximity to Work-Related Travel - 9/10

Downtown Long Beach is an ideal location for work-related travel, with its proximity to major business centers, hospitals, and transportation hubs. The Long Beach Convention & Entertainment Center hosts numerous conferences and events throughout the year, drawing business travelers from various industries. Additionally, the neighborhood is just a short drive from the Long Beach Airport, making it convenient for visitors arriving by air.

X-Factor - 8/10

Its unique blend of urban sophistication and coastal charm sets Downtown Long Beach apart. The neighborhood's stunning waterfront location and its thriving arts and culture scene create a distinctive atmosphere that appeals to a wide range of visitors. The ongoing revitalization efforts, including new developments and public space improvements, are transforming Downtown into an even more desirable destination for tourists and residents alike.

3. Top Place to Invest in Long Beach, California - Willmore

Willmore, a historic neighborhood in Long Beach, California, has recently gained attention as an up-and-coming area for Airbnb investors. With its proximity to downtown, affordable housing prices, and unique charm, Willmore presents an intriguing opportunity for those looking to enter the short-term rental market.

Willmore Airbnb Market Data:

• Average Revenue – $38K per year
• Average Daily Rate – $188.6 per night
• Average Occupancy Rate – 66%
• Average RevPAR – $121.5

Convenience - 7/10

Willmore's location just north of Downtown Long Beach offers residents and visitors easy access to a variety of amenities. The neighborhood is served by several bus routes, connecting it to other parts of the city. While the area is not as walkable as some other Long Beach neighborhoods, it still provides a decent level of convenience for those with access to a vehicle.

Tourist Attractions - 5/10

As a primarily residential neighborhood, Willmore may not boast as many tourist attractions as other areas in Long Beach. However, its proximity to Downtown means that visitors can easily access popular destinations like the Aquarium of the Pacific and the Long Beach Convention & Entertainment Center.

Things to Do - 6/10

Willmore offers a quieter, more laid-back atmosphere compared to the bustling downtown area. Visitors can enjoy strolling through the neighborhood's historic streets, admiring the diverse architecture, or visiting one of the local parks, such as Drake Park or Cesar E. Chavez Park. The neighborhood also hosts occasional community events, providing a glimpse into the local culture.

Average Home Prices - 8/10

One of Willmore's most attractive features for Airbnb investors is its relatively affordable housing prices. According to Zillow, the median home price in Willmore as of 2024 is $550,000, which represents a 4.5% appreciation rate over the past year. This price point is significantly lower than many other neighborhoods in Long Beach, making it an accessible option for investors looking to enter the market.

Proximity to Work-Related Travel - 7/10

While Willmore may not be as centrally located as Downtown Long Beach, it is still convenient for work-related travel. The neighborhood is just a short drive from the Long Beach Convention & Entertainment Center, Long Beach Memorial Medical Center, and other major employers in the area.

X-Factor - 7/10

Willmore's unique selling point lies in its historic charm and community spirit. The neighborhood features diverse architectural styles, from Victorian-era homes to Craftsman bungalows, creating a visually appealing and distinctive atmosphere. Additionally, Willmore's strong sense of community and neighborhood pride adds to its appeal, making it an attractive option for visitors seeking an authentic, local experience.

4. Top Place to Invest in Long Beach, California - Belmont Heights

Nestled in the heart of Long Beach, Belmont Heights has emerged as a prime location for Airbnb investors seeking a balance of residential charm and urban convenience. This historic neighborhood, known for its tree-lined streets and diverse architectural styles, offers a unique opportunity for those looking to capitalize on the growing short-term rental market.

Belmont Heights Airbnb Market Data:

• Average Revenue – $46.1K per year
• Average Daily Rate – $242.8 per night
• Average Occupancy Rate – 66%
• Average RevPAR – $154.9

Convenience - 8/10

Belmont Heights boasts excellent convenience, with easy access to public transportation, grocery stores, and a variety of local businesses. The neighborhood's central location allows visitors to easily explore the best of Long Beach, from the bustling downtown area to the picturesque beaches.

Tourist Attractions - 6/10

While Belmont Heights itself may not be home to major tourist attractions, its proximity to other popular destinations in Long Beach makes it an attractive base for visitors. The nearby Belmont Shore offers a vibrant beachfront promenade lined with shops, restaurants, and entertainment options, while the iconic Queen Mary and Aquarium of the Pacific are just a short drive away.

Things to Do - 7/10

Belmont Heights offers a charming, laid-back atmosphere that appeals to visitors seeking a more residential experience. The neighborhood features several parks, including Belmont Heights Park and Rosie's Dog Beach, which offer outdoor recreation and relaxation opportunities. The area also hosts occasional community events, such as the Belmont Heights Community Association's annual picnic and the Long Beach Antique Market.

Average Home Prices - 7/10

According to Zillow, the median home price in Belmont Heights as of 2024 is $950,000, representing a 3.8% appreciation rate over the past year. While prices are higher than in some other areas of Long Beach, the neighborhood's desirable location and strong rental demand make it an attractive option for investors. The potential for long-term appreciation and steady rental income justifies the higher entry point for many Airbnb investors.

Proximity to Work-Related Travel - 7/10

Belmont Heights is well-positioned for work-related travel, with its central location and easy access to major transportation routes. The neighborhood is just a short drive from the Long Beach Convention & Entertainment Center, Long Beach Airport, and several major employers in the healthcare and aerospace industries.

X-Factor - 8/10

Belmont Heights's unique blend of historic charm and modern amenities sets it apart. The neighborhood's diverse architecture, ranging from Spanish Colonial Revival to Craftsman bungalows, creates a visually stunning and inviting atmosphere. The strong sense of community, the area's walkability, and access to local businesses make Belmont Heights a desirable destination for visitors seeking an authentic neighborhood experience.

5. Top Place to Invest in Long Beach, California - Los Altos

Los Altos, a picturesque neighborhood in the eastern part of Long Beach, has recently gained attention as a promising area for Airbnb investors. With its quiet streets, well-maintained homes, and proximity to local attractions, Los Altos offers a unique opportunity for those seeking to invest in the short-term rental market.

Los Altos Airbnb Market Data:

• Average Revenue – $27.3K per year
• Average Daily Rate – $187 per night
• Average Occupancy Rate – 77%
• Average RevPAR – $145.2

Convenience - 7/10

Los Altos provides a decent level of convenience for residents and visitors alike. The neighborhood is primarily residential, with a few local shops and restaurants scattered throughout. While not as well-connected as some other areas of Long Beach, Los Altos is still served by several bus routes, making it accessible to those without a car.

Tourist Attractions - 5/10

As a primarily residential area, Los Altos may not have many tourist attractions within its borders. However, the neighborhood's proximity to other popular destinations in Long Beach, such as the El Dorado Regional Park and the Long Beach Town Center, makes it a convenient base for visitors looking to explore the city.

Things to Do - 6/10

Los Altos offers a tranquil, suburban atmosphere that appeals to visitors seeking a more low-key experience. The neighborhood features several parks, including Los Altos Park and Pan American Park, which provide outdoor recreation and relaxation opportunities. The nearby El Dorado Regional Park offers additional activities like golfing, fishing, and hiking.

Average Home Prices - 8/10

One of Los Altos' most attractive features for Airbnb investors is its relatively affordable housing prices compared to other areas in Long Beach. According to Zillow, the median home price in Los Altos as of 2024 is $750,000, representing a 4.2% appreciation rate over the past year. This price point and the potential for strong rental demand make Los Altos an appealing option for investors looking to enter the market.

Proximity to Work-Related Travel - 6/10

While Los Altos may not be as centrally located as some other neighborhoods in Long Beach, it still offers a reasonable proximity to work-related travel destinations. The Long Beach Airport is just a short drive away, making it convenient for visitors arriving by air. However, the neighborhood is slightly further from the Long Beach Convention & Entertainment Center and other major business districts.

X-Factor - 7/10

Los Altos' unique selling point lies in its quiet, residential charm and strong sense of community. The neighborhood's well-maintained homes, tree-lined streets, and family-friendly atmosphere create a welcoming environment for visitors seeking a more authentic, suburban experience. Additionally, the area's proximity to parks and outdoor recreation opportunities adds to its appeal for nature-loving guests.