Active

246 Newport

Long Beach, CA 90803
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Bed 3

Bed

Bath 3

Bath

SqFt2,400

Sqft

SqFt6,788

Sqft(Lot)

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 along 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 Income

Price : $1,655,000

AD Id : 77772184

MLS Id : PW26090530

Beds : 3

Lot Size : 6,788 Sqft

Living Area Size : 2,400

Year Built : 1922

Garage : 2

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1922 Building Area Total: 2,400
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1558
  • Lot Size Source: Public Records Lot Size Square Feet: 6788

  • Listing Price Information

    Original List Price: 1,655,000 Listing Contract Date: 2026-04-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7264001031

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 2 - Belmont Heights, Alamitos Heights Directions: Between Broadway & Vista Source Property Type: Residential Income Area: 2 - Belmont Heights, Alamitos Heights Property SubType: Quadruplex
  • Building and Construction

    Property Age: 104 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5829 E 2nd, Long Beach, CA, 90803 $1,735,000 4 3 1,953 1,953 SqFt
5829 E 2nd, Long Beach, CA, 90803 $1,735,000 4 3 1,953 1,953 SqFt
6514 E Ocean Boulevard, Long Beach, CA, 90803 $2,595,000 3 4 2,978 2,978 SqFt
10 66th Place, Long Beach, CA, 90803 $4,675,000 5 5 3,686 3,686 SqFt
64 59th Place, Long Beach, CA, 90803 $2,249,000 4 5 2,886 2,886 SqFt
210 Glendora Avenue, Long Beach, CA, 90803 $1,675,000 4 4 2,292 2,292 SqFt
224 Covina, Long Beach, CA, 90803 $1,995,000 6 4 2,146 2,146 SqFt
143 Pomona, Long Beach, CA, 90803 $1,595,000 4 3 2,394 2,394 SqFt
74 Argonne, Long Beach, CA, 90803 $1,695,000 4 4 2,284 2,284 SqFt
3 Euclid Avenue, Long Beach, CA, 90803 $1,750,000 4 4 2,732 2,732 SqFt

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ByOwner last updated this listing 06/11/2026 @ 17:16

MLS: PW26090530 LISTED BY: Steven Bogoyevac, Steven M. Bogoyevac, Broker 562-436-5800 SOURCE: CRMLS

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