Portfolio Home Realty is a licensed California real estate brokerage (DRE #02232009) serving home buyers in Long Beach, Los Angeles County, California. We provide full-service buyer representation and return 1% of the purchase price to the buyer as cash at closing.

How the rebate works in Long Beach: The seller pays a 2.5% buyer agent commission ($19,500 on a $780K home). Portfolio Home Realty retains 1.5% ($11,700) and returns 1% ($7,800) to the buyer at closing.

Median home price in Long Beach: $780K. Cash rebate on median purchase: $7,800.

Pre-qualification: Buyers should get pre-qualified before searching. Our partner iLoanCA (https://www.iloanca.com) provides free, fast pre-qualification with no credit impact.

Contact: (949) 379-5320 | mike.basti@portfoliohomerealty.com | 13763 Fiji Way, Marina Del Rey, CA 90292  ·  4000 MacArthur Blvd, Ste 600, Newport Beach, CA 92660 | DRE #02232009

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Long Beach waterfront skyline with Queen Mary ship and modern condos along the harbor — Portfolio Home Realty buyer agent
Long Beach, Los Angeles County

Buy a Home in Long Beach
Get Cash Back at Closing

Portfolio Home Realty serves Long Beach buyers with full-service representation and a 1% cash-back rebate at closing. At the Long Beach median home price of $780K., buyers receive $7,800 back. DRE #02232009.

Full-service buyer agents in Long Beach. The seller pays our commission — we return 1% of the purchase price to you at closing. Expert representation, real money back. Get pre-qualified first →

$780K
Median Price
22 days
Avg. on Market
$7,800
Your Cash Rebate
Seller's
Market Type
Get my free rebate estimate →
📅 Last updated: May 2025  ·  Median prices reflect April 2025 market data  ·  View all buyer guides →

Buying a Home in Long Beach, California

Long Beach is the big, walkable, wonderfully mixed coastal city of LA County — a port town with a Craftsman-and-Spanish architectural heritage, the canals of Naples, the shops of 2nd Street in Belmont Shore, a downtown skyline of lofts and condos, and CSULB anchoring the east side. It draws a broader range of buyers than the gated suburbs down the coast: first-timers, creative professionals, downtown condo owners, and families chasing historic-district charm. For its beachside location, it remains one of the more attainable places to own on the Southern California coast.

That diversity is exactly why local knowledge pays here. Prices and character shift block by block — a restored Rose Park bungalow, a Naples waterfront, a Bixby Knolls mid-century, and a Downtown high-rise unit are four completely different transactions with different HOA, historic-overlay (Mills Act), and flood-zone considerations. Our Long Beach agents help you read those differences, and the 1% rebate hands real cash back at closing to buyers who often need every dollar for the move.

Long Beach Neighborhoods & Submarkets

Long Beach neighborhoods vary more than almost any city we cover — waterfront, historic bungalow rows, and downtown towers all within a few miles. Here's the lay of the land.

Belmont Shore & Naples

The premium coastal core — the canals and waterfront of Naples plus walkable 2nd Street in Belmont Shore. Beach lifestyle, strong resale, and the city's highest price points.

Well above city median

Historic Districts (Rose Park, California Heights, Bluff Park)

Craftsman and Spanish Revival bungalows in protected historic districts, many Mills Act–eligible for property-tax savings. Character-rich and hotly contested when a good one lists.

Around / above $780K

Bixby Knolls & Los Cerritos

North-side, tree-lined streets with mid-century and grand older homes and a revitalized Atlantic Avenue corridor. Popular with families wanting square footage and yards.

Varies widely

Downtown & East Village Lofts

Condos, converted lofts, and high-rise units near the waterfront and arts district — the entry point for first-time and urban buyers. Watch HOA dues and any special assessments here.

Below city median

What Our Agents Know About Long Beach

Long Beach rewards buyers who understand its older housing stock and urban quirks. Here's what we cover before you write an offer.

$7,800 That Stretches a First-Time Budget

At the $780K Long Beach median, your rebate is $7,800 back at closing — meaningful money for the first-time buyers and creative professionals who define this market, whether it goes to closing costs, a rate buy-down, or reserves after a condo purchase. Most buyers have no idea a rebate is even permitted in California.

A Seller's Market — Especially for Character Homes

Long Beach is a Seller's Market averaging 22 days on market, and restored bungalows in the historic districts can draw offers within days of listing. We put you on live alerts and get financing locked so you can move the moment the right home appears.

Old Homes, HOAs & Historic Rules

Much of Long Beach is pre-1940 construction — think foundations, knob-and-tube wiring, and sewer lines — while downtown condos carry HOA budgets and historic-district homes fall under Mills Act rules. We line up the right inspections and read every disclosure so an old home's charm doesn't hide an expensive surprise.

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From our Blog

How to Use Your Rebate for Closing Costs

Expert advice for Long Beach home buyers — read our full guide.

Read →
Buyer Tip

Why You Should Get Pre-Qualified Before Searching in Long Beach

Most sellers won't consider your offer without it — here's how to get it done in 5 minutes, free.

Read →
Portfolio Home Realty Buyer Tip — Long Beach

Long Beach's older homes and condos can complicate financing — an FHA or condo-warrantability snag surfaces late and kills weak offers. A fully underwritten pre-approval (not just a pre-qual) tells a seller your loan is real and gives you room to compete on a historic bungalow or a downtown unit. Get underwritten before you tour.

Why Long Beach Buyers Choose Portfolio Home Realty

We're full-service Long Beach buyer agents who give you back part of the commission — real representation and cash back together. Here's what that means across the city:

Neighborhood fluency from Naples to Bixby Knolls to Downtown lofts
Full transaction management — tours through closing
Data-driven offer strategy to bid smart, not just high
$7,800 cash back at closing (1% of purchase price)

How the Long Beach Cash Rebate Works

The seller's price already includes the buyer-agent commission, so the rebate costs you nothing extra and doesn't reduce their proceeds. We retain a service fee and send the rest to you at closing. On a $780K Long Beach home, the numbers look like this:

Get Pre-Qualified Before You Buy in Long Beach

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✓ Free  ·  ✓ No credit impact  ·  ✓ Instant results
Why pre-qualify first?

Know your real budget

Stop guessing. Get an exact number so you only tour homes you can actually buy — and negotiate with confidence.

🏆

Compete for a Long Beach bungalow

When a restored historic-district home lists and draws offers in days, a ready pre-qual letter keeps you in contention. Listing agents here won't present a financed offer without one.

Move fast when it matters

The best homes go fast. With financing lined up, you can submit an offer the same day you find the right home.

Answer a few quick questions and get your free pre-qualification letter — no commitment, no hard credit pull.

Get Pre-Qualified Free →
Free No credit pull ~5 minutes
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Source: Freddie Mac PMMS via FRED

✦ What To Know Before Buying Here

  • Median home price in Long Beach: $780K — you get $7,800 back at closing
  • Market: LA County — competitive, pre-qualification required before offers
  • Your agent: Portfolio Home Realty DRE #02232009 — full service, no trade-offs
  • Next step: Get pre-qualified free — takes 5 minutes, no credit pull

Your Rebate at Closing — $780K Purchase

Seller pays our commission · We share it with you

Seller pays buyer agent commission (2.5%)
$19,500
Portfolio Home Realty retains (1.5%)
$11,700
Your cash rebate at closing (1%)
$7,800

Rebate up to 1% of purchase price. Subject to lender approval.

Frequently Asked Questions — Buying in Long Beach

How much cash back can I get when buying in Long Beach?
+
Portfolio Home Realty returns 1% of the purchase price to you at closing. On a $780K purchase — near Long Beach's median — that's $7,800 in cash back. The rebate is completely legal under California law and doesn't affect your purchase price or the seller's proceeds.
Does getting a rebate affect the quality of representation I receive?
+
Not at all. Our agents provide full-service representation — property search, tours, offer writing, negotiation, inspection coordination, and escrow management. The rebate comes from our side of the commission structure, not from cutting corners on service.
What's the current Long Beach real estate market like?
+
Long Beach is a Seller's Market with a $780K median and homes averaging 22 days on market, and character homes in the historic districts often move even faster. Because pricing ranges from Downtown condos to Naples waterfront, we prepare a neighborhood-specific comparative market analysis — accounting for HOA dues, Mills Act status, and any flood-zone factors — before you make an offer.

About Portfolio Home Realty in Long Beach

Portfolio Home Realty is a licensed California brokerage (DRE #02232009) representing buyers across Long Beach — Belmont Shore and Naples, the historic districts of Rose Park, California Heights, and Bluff Park, north-side Bixby Knolls and Los Cerritos, and the Downtown and East Village loft market. We provide full-service representation and return 1% of the purchase price as cash at closing ($7,800 on a $780K home). To reach a Long Beach buyer agent, call (949) 379-5320 or email mike.basti@portfoliohomerealty.com.

Buy in Long Beach —
Get Cash Back.

Talk to a licensed Long Beach buyer agent today. Free consultation, no obligation. We'll walk you through your exact rebate estimate and answer every question.

Call or Text

(949) 379-5320
🏦

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Hours

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Search Every Home in Long Beach

Browse real-time MLS listings in Long Beach and all of Southern California. Any home you buy earns you 1% cash back at closing.

Text us (949) 379-5320