Zaferia Long Beach Real Estate: Young Pros' Guide

Median sale prices in Long Beach’s Zaferia neighborhood reached $812,000 in the second quarter of 2026, up 18 percent from the same period two years earlier, according to Long Beach Multiple Listing Service data.

The increase tracks with a broader shift in buyer profiles. Mortgage applications from households aged 25 to 34 rose 22 percent year-over-year through May, city planning records show. Many cite proximity to the Metro A Line and shorter commutes to downtown offices as the deciding factor over farther-flung suburbs.

Street-level changes on 7th and Redondo

Blocks between 7th Street and Redondo Avenue now host three new micro-unit buildings permitted since 2024. The Zaferia Business Association reports 14 storefronts turned over to coffee roasters, co-working spaces and bike-repair shops in the past 18 months. The city’s Eastside Green Alley program resurfaced two mid-block passages last winter, adding lighting and storm-water planters that residents use for evening runs.

Local detail also includes the Long Beach Public Library’s Zaferia branch, which expanded its hours to 9 p.m. on weekdays in March to accommodate after-work study groups. Across the street, the former auto-body shop at 1450 Redondo now leases desk space to 60 remote workers through a county small-business incubator.

Price and rent benchmarks

One-bedroom apartments in the same pocket list for $2,450 on average this summer, according to Zillow rental indices updated July 8. That figure sits 9 percent below comparable units near Pine Avenue yet remains within reach for dual-income households clearing $110,000 combined. Title-company filings list 31 investor purchases of single-family homes under $900,000 in Zaferia during the first half of 2026, the highest six-month total since 2019.

Buyers weighing entry now should review the city’s first-time homebuyer down-payment assistance program, which caps at $40,000 for properties under $850,000 and requires owner occupancy for five years. Applications close September 30 for the current funding round. Prospective residents can also check the Long Beach Transit website for the new Route 71 schedule that begins service on 7th Street next month.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.