Property listed by MJC Realty, Brigitte Schroeder 562-716-8385
$4,975,000
PRIME INVESTMENT PROPERTY in a RARE OCEANFRONT location in Belmont Shore. This beautiful 10 (origially 12) unit apartment complex sits directly accross from the beach, with sparkling ocean views that will never be blocked! The property is being sold with 7 tenant-occupied units, with a substantial rental upside. The owners… Read More have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with the best views, adding a shared laundry room, City of Long Beach permitting short-term rental for one unit, and Long Beach in the Spotlight for the 2028 Olympic. Read Less
Listing Snapshot
Days Online
25
Last Updated
Property Type
Apartment
Lot Size
0.12 Acres
Year Built
1930
MLS Number
PW26084370
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1930, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Street
Community
Biking, DogPark, Fishing, Park, StreetLights, Sidewalks, WaterSports
ElectricityAvailable, ElectricityConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected, Water Source: Public, Standard, 12 separate electric meters, 12 separate gas meters
Water Features
BeachAccess, BeachFront, OceanAccess, OceanFront
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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