Property Details
About this Property
Discover the exceptional potential of 807 Belmont Ave, a premier multi-family property nestled in the coveted Belmont Heights district of Long Beach. This charming two-story Spanish-style building offers a total of 9 units, with incredible opportunities for expansion and increased revenue. The property comes with “Ready to Issue” (RTI) plans for two ADU units and the conversion of ?ve enclosed garages into additional 1- and 2-bedroom units, allowing you to maximize the income potential from day one. Situated on a spacious 7,790 SF corner lot, this property features 7,597 SF of rentable space, providing ample room for tenants to enjoy. The serene fenced courtyard, complemented by minimal water vegetation and ample shade, offers a tranquil retreat for residents, perfect for soaking in the refreshing ocean breeze. The well-maintained units boast a blend of original charm and modern upgrades, including resurfaced hardwood ?oors, fresh two-tone paint, ceiling fans, and new bathrooms. While some units retain their original kitchens and bathrooms, they present an excellent opportunity for further value enhancement, enabling you to achieve market rents through strategic renovations. A standout feature of this property is the ?ve enclosed garages, offering secure and convenien
MLS Listing Information
MLS #
CRPW24206404
MLS Source
California Regional MLS
Days on Site
48
Interior Features
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Brick/Mortar
Parking, School, and Other Information
Garage/Parking
Garage: 5 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
807 Belmont Ave is a Residential Income in Long Beach, CA 90804. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,925,000 and was built in 1948. This address can also be written as 807 Belmont Ave, Long Beach, CA 90804.
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This listing information is up-to-date as of October 04, 2024. For the most current information, please contact Justin White
