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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW26018659
Construction Status Turnkey
HOA Y/N No
Year Built 1964
Lot Size 6,682 Sqft
Property Sub-Type Mixed Use
Property Description
Offered for sale is a rare, pride-of-ownership 12-unit apartment complex located in the heart of Belmont Shore, one of Long Beach's most affluent and sought-after coastal neighborhoods. Built in 1964, this three-story, all-electric property has been pristinely maintained and thoughtfully updated throughout, making it an ideal acquisition for investors seeking long-term stability, strong tenant appeal, and premier location.
The property comprises approximately 10,293 square feet of rentable living space situated on a 6,681 square foot lot. All 12 units have been updated and feature electric stoves, microwave ovens, dishwashers, and refrigerators, supporting strong market rents and minimizing near-term capital expenditure.
The ground level consists of enclosed, gated parking, with one assigned parking space per unit, a highly desirable amenity in this coastal submarket. Residents enjoy a secure rod-iron gated and fenced perimeter, lush landscaping, and a rooftop patio offering panoramic neighborhood and coastal views, providing a unique lifestyle amenity rarely found in comparable assets.
Additional highlights include Elevator, and an on-site laundry room with coin-operated equipment, for supplemental income potential.
Located just blocks from the beach, boutique retail, dining, and the vibrant Belmont Shore business district, the property benefits from exceptional tenant demand, a strong demographic profile, and historically low vacancy. This offering represents a prestige investment opportunity in a premier coastal enclave with enduring appeal and long-term upside.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Heating Radiant
Cooling None
Flooring Carpet, Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Microwave, Refrigerator
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Electric Gate, Garage, Gated, Garage Faces Rear
Garage Spaces 12.0
Garage Description 12.0
Fence Good Condition, Wrought Iron
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Preserve/Public Land, Street Lights, Suburban, Sidewalks, Water Sports, Park
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Panoramic
Roof Type Flat
Accessibility Accessible Elevator Installed, Parking
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Park, Rectangular Lot
Story 4
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories Three Or More
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 7249030022
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1156355197?fl=pl&fe=sh
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