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246 Newport

Long Beach, CA 90803
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Bed 2

Bed

Bath 1

Bath

SqFt1,000

Sqft

SqFt6,788

Sqft(Lot)

Excellent opportunity for a new owner to occupy a charming two-bedroom/one-bath Craftsman home and utilize the rental income from three apartment units to offset the mortgage. Marcus & Millichap is pleased to present 246 Newport Avenue, a charming four-unit investment opportunity in Long Beach’s highly desirable Belmont Heights neighborhood, which is known for its tree-lined streets, Craftsman architecture, and strong tenant appeal. The property features a two-bedroom/one-bath single-family home, a duplex containing one studio and one one-bedroom unit with an office, and a studio above a two-car garage. Tenants also enjoy a shared backyard. 246 Newport Avenue boasts an exceptional rental location just four blocks from Bluff Park and the beach, walkability to popular restaurants alon g Broadway, and less than one mile from the vibrant dining, retail and entertainment corridor on Second Street. Its proximity to California State University, Long Beach, recreation, freeway access, and employers support consistent rental demand. The property has been professionally managed and provides stable in-place cash flow with potential upside. The two-bedroom home presents an ideal opportunity for a new owner to occupy the home and utilize rental income of the apartment units to offset mortgage costs.

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Detail Ic Property Details

Property Type : Residential

Price : $1,655,000

AD Id : 77883558

MLS Id : PW26093414

Beds : 2

Lot Size : 6,788 Sqft

Living Area Size : 1,000

Year Built : 1922

Garage : 2

County : Los Angeles

Subdivision: Nautica Isles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Interior Features

    All Bedrooms Down
    Laundry Features: None
  • Heating & Cooling

    Cooling: None

  • Building Information

    Year Built: 1922
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 6788 Lot Size Acres: 0.1558 Lot Size Source: Public Records Lot Size Square Feet: 6,788 Lot Description: Rectangular Lot

    Property Information

    Subdivision: Belmont Heights (BH) Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 104

  • Listing Price Information

    Listing Price: $1655000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 7264001031 Tax Lot: 3 Tax Block: D

  • Parking Information

    Parking Total: 2

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Between Broadway & Vista WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 08:25

MLS: PW26093414 LISTED BY: Steven Bogoyevac, Steven M. Bogoyevac, Broker 562-436-5800 SOURCE: CRMLS

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