Thank you
Kim Kelly
Compass
949-438-4340
Beach close location! location! location!!! Welcome to your opportunity to own a piece of paradise in the coveted Belmont Park/Heights area of Long Beach! This charming 4-unit income property sits on a spacious lot spanning nearly 10,000 square feet and is located just a few blocks from the beach, while offering an unparalleled coastal lifestyle. Two of the four units feature newer carpeting and paint, ensuring a fresh and inviting atmosphere. With 2 two double car garages, there is ample parking for tenants and visitors alike, a rarity in this sought-after area. The property features a newer roof, adding to its appeal and minimizing maintenance concerns for the fortunate new owner. This property exudes incredible potential, whether you're an investor seeking to maximize rental income or an owner-occupant looking for a prime location to call home. Take advantage of the spacious lot to build additional units, offering even greater revenue potential. Or, combine two units to create a luxurious owner's unit, complete with all the amenities you desire. Other possibilities include multi generational living quarters or Create a spacious home in the front portion of the property and units over. the garages. The possibilities are endless! The exceptional location of this property is truly unbeatable. Enjoy local water sports with the Boat Marina nearby and the wonderful canals of Naples located just 2 blocks away. The beach along with a great bike path to downtown is located just few blocks in the other direction. Locals enjoy the convenience of being within walking distance to cafes, Boutiques and fine dining all while maintaining a peaceful ambiance away from the hustle and bustle of the city. Whether you choose to add this to your portfolio, live in one unit and rent out the others, or explore the potential for expansion and additional income streams, this property is sure to exceed your expectations. All units are on month to month agreements. Schedule your viewing today and unlock the full potential of this exceptional property.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1066052580 | 1 | 1 | 1 | 0 |
2 | 1066052580 | 1 | 1 | 1 | 0 |
3 | 1066052580 | 1 | 1 | 1 | 0 |
4 | 1066052580 | 1 | 1 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Roof : Shingle
Property Appliances: Gas Cooktop,Gas Oven,Water Heater
Fireplace: Living Room
Flooring: Carpet,See Remarks
None
Air Conditioning
Floor Furnace,Wall Furnace
Has Heating
Fireplace Features: Living Room
Has Fireplace: 1
Year Built: 1943
Building Area Total: 2,876
Roof: Shingle
Raised
None
Common Area,Laundry Room
Chain Link
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2099
Lot Size Source: Assessor
Lot Size Square Feet: 9143
Original List Price: 1,997,000
Listing Contract Date: 2024-04-03
Listing Agreement: Exclusive Right To Sell
Parcel Number: 7249012004
Garage Description: Garage,On Site,Garage Faces Rear
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Postal Code Plus 4: 1878
Directions: Corner of Corona Ave / Broadway
Zoning: LBR1S
Source Property Type: Residential Income
Area: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Property SubType: Quadruplex
Property Age: 81
Common Walls: 2+ Common Walls
Structure Type: Quadruplex
Year Built Source: Public Records
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3939 E Allin Street #214, Long Beach, CA,90803 | $600,000 | 2 | 1 | 912 | 35003 Sqft |
85 Rivo Alto Canal, Long Beach, CA,90803 | $3,995,000 | 4 | 2 | 2,363 | 2426 Sqft |
2611 E Broadway, Long Beach, CA,90803 | $12,995,000 | -- | -- | 28,010 | 20477 Sqft |
6271 Emerald Cove, Long Beach, CA,90803 | $279,000 | 2 | 2 | 1,034 | -- |
297 Nieto Avenue, Long Beach, CA,90803 | $1,600,000 | 3 | 2 | 1,681 | 5931 Sqft |
6086 Lido Lane, Long Beach, CA,90803 | $7,250,000 | 4 | 4 | 3,970 | 2735 Sqft |
5517 China Point, Long Beach, CA,90803 | $2,850,000 | 3 | 3 | 2,307 | 3468 Sqft |
11 Temple Avenue, Long Beach, CA,90803 | $2,500,000 | 5 | 5 | 4,300 | 4012.5 Sqft |
144 Rivo Alto Canal, Long Beach, CA,90803 | $4,750,000 | 4 | 6 | 3,282 | 3244 Sqft |
5634 Naples Canal, Long Beach, CA,90803 | $4,185,000 | 3 | 3 | 2,369 | 2509 Sqft |
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ByOwner last updated this listing 05/10/2024 @ 06:11
MLS: PW24057750
LISTED BY: Kim Kelly, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.