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30 Belmont Ave, Long Beach, CA 90803
0 Beds
0 Baths
n/a sqft

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30 Belmont Ave. is an eight-unit investment asset located less than one block from the beach in highly sought-after Belmont Shore. Belmont Shore is one of the premiere rental markets in Long Beach, ranked as the #1 Best Neighborhoods for Young Professionals by Niche. Residents enjoy convenient access to the ocean and bay beaches, as well as the bike path running through Alamitos Beach to Downtown Long Beach. A multitude of restaurants, bars, coffee shops and boutiques along 2nd Street are within walking distance, just three blocks away. The property offers a mix of (1) two-bedroom/two-bath and (7) 1 bed/1bath units. The two-bedroom has been fully renovated with plank vinyl flooring, custom paint, new kitchen cabinets, quartz countertops, custom tile backsplash, stainless steel appliance package, new bathroom vanity, tiled shower enclosure and ceiling fans. The one-bedroom units have been lightly renovated with custom paint, vinyl plank flooring and ceiling fans. The building offers and on-site laundry facility, is individually metered for gas & electric and a 100 gallon water heater was installed in 2015. 30 Belmont Ave. offers a solid investment asset just steps from the beach in one of most desirable rental markets in Southern California.
  • Price:
  • $2,700,000
  • Acreage:
  • 0.07
  • Year Built:
  • 1948
  • Listing ID #:
  • PW19219568
  • Street Address:
  • 30 Belmont Ave
  • City:
  • Long Beach
  • State:
  • California
  • Postal Code:
  • 90803
  • County:
  • Los Angeles
  • Community:
  • Belmont Shore/Park/Naples/Marina Pac/Bay Hrbr
  • Subdivision:
  • Belmont Shore (bsd)
  • Listing Status:
  • Active
  • Number Of Units:
  • 8
  • Total # Of Buildings:
  • 1
  • Year Built:
  • 1948
  • Year Built Source:
  • Assessor
  • Annual Electric Expenses:
  • 993.20
  • Annual Insurance Expenses:
  • 3415.00
  • Annual Maintenance Expenses:
  • 3000.00
  • Annual Trash Expenses:
  • 993.20
  • Annual Water/Sewer Expenses:
  • 993.20
  • Expenses:
  • 54814.00
  • Gross Income:
  • 142150.00
  • Net Operating Income:
  • 87336.00
  • Operating Expense:
  • 54814.00
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Lbr4r
  • Lot Features:
  • 6-10 Units/Acre
  • Lot Square Footage:
  • 3157.00
  • Community Features:
  • Sidewalks, Urban
  • Days On Market:
  • 128
  • Price Per Square Foot:
  • 659.18
  • Laundry:
  • 1
  • Laundry Description:
  • Common Area
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Robert Stepp of Keller Williams Pacific Estate
  • CRMLS

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