Home | Los Angeles County | Long Beach | 90804 | 927 Belmont Ave
MLS: CROC26146571 | Status: | Price: $2,000,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 0 | 1947 |
927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units naturally turn, giving a new owner the ability to further enhance finishes without relying on an aggressive repositioning strategy. The property’s location further supports long-term rental demand, with walkable access to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park. Its Eas
| Field | Value |
|---|---|
| MLS # | CROC26146571 |
| MLS Source | California Regional MLS |
| Days on Site | 7 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| HOA Fee | $0 |
Tyler Leeson
Marcus & Millichap RE Invest
License #: 01451551
Phone: (949) 419-3326
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Wilson High School | public | 9-12 | 0.26 mi | 6 |
| Jefferson Leadership Academies School | public | 6-8 | 0.28 mi | 7 |
| Bryant Elementary School | public | K-5 | 0.36 mi | 6 |
| Fremont Elementary School | public | K-5 | 0.51 mi | 8 |
| Willard Elementary School | public | K-5 | 0.66 mi | 3 |
| Mann Elementary School | public | K-5 | 0.94 mi | 7 |
| Lee Elementary School | public | K-5 | 0.99 mi | 6 |
| Rogers Middle School | public | 6-8 | 1.12 mi | 8 |
| Lowell Elementary School | public | K-5 | 1.17 mi | 7 |
| Burbank Elementary School | public | K-5 | 1.19 mi | 7 |
| Richard D. Browning High | public | 9-12 | 1.34 mi | 5 |
| Bixby Elementary School | public | K-5 | 1.51 mi | 8 |
| Jessie Nelson Academy | public | 6-8 | 1.71 mi | 3 |
| Alvarado Elementary School | public | K-5 | 1.73 mi | 9 |
| Whittier Elementary School | public | K-5 | 1.74 mi | 5 |
| Gant Elementary School | public | K-5 | 1.74 mi | 9 |
| Lincoln Elementary School | public | K-5 | 1.85 mi | 7 |
| Long Beach School For Adults | public | UG | 1.85 mi | N/A |
| Franklin Classical Middle School | public | 6-8 | 1.87 mi | 4 |
| Long Beach Unified School District Rop | public | 10-12 | 1.87 mi | N/A |
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This listing information is up-to-date as of July 06, 2026. For the most current information, please contact Tyler Leeson, (949) 419-3326.