Active Under Contract

927 Belmont Avenue

Long Beach, CA 90804
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Bed 3

Bed

Bath 2

Bath

Acres0.13

Acre(Lot)

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-pla ce 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 Eastside Long Beach setting also places residents near daily-needs retail along Anaheim Street, the Long Beach Traffic Circle, California State University, Long Beach, and Belmont Shore’s 2nd Street corridor.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,000,000

AD Id : 87655003

MLS Id : OC26146571

Beds : 3

Lot Size : 0.13 Acre

Year Built : 1947

Garage : 4

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1947
    Building Area Total: 5261
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 0.13 Lot Size Acres: 0.13 Lot Size Source: Assessor Lot Size Square Feet: 5,663 Lot Description: StreetLevel

    Property Information

    Subdivision: Other Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 79

  • Listing Price Information

    Listing Price: $2000000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 7254018006 Tax Lot: 6

  • Parking Information

    Parking Total: 5

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Cross Streets of Belmont Avenue & East 10th Street WaterSource: Public
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Nearby Home Value

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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 09/06/2026 @ 16:26

MLS: OC26146571 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS

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