Long Beach Triplex with
1052 Belmont, Long Beach, CA 90804
Mediterranean, Triplex - Long Beach, CA
Type:Triplex
Property size:
5,997 SFLot size:
5,791.00 Acres- Added:
- Apr 15, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 1 at 12:06 pm
Property Features for 1052 Belmont
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 9
- Bathrooms
- 9
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
- Parking
- 10
- Parking features
- Garage, Side by Side
- Window features
- Skylight(s)
- Interior features
- Bar, Balcony, High Ceilings, Ceiling Fan(s), Recessed Lighting, Cathedral Ceiling(s), Sliding Doors, Mirror Closet Door(s), Window Features: Skylight(s), Blinds
- Exterior features
- Fence, Community Features Included: Park, Level With Street, Park Nearby, Front Yard, Lawn
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 7254007009
- Size
- 5,997 SF
- Lot size
- 5,791.00 Acres
Utilities
- Heating system
- Wall Furnace
Building Details
- Year built
- 1989
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Stucco
- Architectural style
- Mediterranean
Listing agent Moe Shahbani License #01068932 (562) 547-3324
Listing office Coldwell Banker Realty 1650 Ximeno Ave #120, Long Beach, CA (562) 494-4600
Listing date Apr 15, 2026
MLS# PW26073641
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex featuring three 3‑bedroom, 3‑bath units, totaling approximately 6,000 sq ft.
- Vacant and fully rehabbed unit (approx. 2400 SF) ready for immediate occupancy or lease.
- Stable cash flow with upside potential from two long‑term tenants.
- Each unit includes an attached two‑car garage, interior laundry, fireplace, dining area, balcony, and generous closet space.
- Low‑maintenance with separate utility meters per unit.
- Prime location near Traffic Circle, CSULB, Wilson High School, Recreation Park Golf Course, and 2nd Street.
Overview
This is a well-maintained triplex in Long Beach, California, constructed in 1989. The property features three townhouse-style units, each with three bedrooms and three bathrooms. The building provides approximately 6,000 square feet of living space. The largest unit, approximately 2400 square feet, has been renovated and will be vacant at the close of escrow, allowing for owner occupancy or market-rate leasing. The other two units are occupied by long-term tenants and provide consistent income with potential for increased rents. Each unit includes an attached two-car garage, interior laundry facilities, a fireplace, a dining area, a balcony, and ample closet space. In addition to the six garage spaces, the property offers four on-site parking spaces. Each unit is separately metered, and tenants are responsible for their own utilities. The property is located near the Traffic Circle, California State University of Long Beach, Wilson High School, Recreation Park Golf Course, and the shops and restaurants of 2nd Street.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.3k | $32.40 |
| − Vacancy | −$10.1k | −$1.68 |
| EGI | $184.2k | $30.72 |
| − OpEx | −$55.3k | −$9.21 |
| NOI | $128.9k | $21.50 |
5,997 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.84M
$1.61M – $2.15M
NOI $128,939 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$1.64M
$1.43M – $1.91M
NOI $114,684 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$3.21M
$2.81M – $3.75M
NOI $224,754 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1444865
- Latitude
- 33.7797661
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained triplex with value-add potential in a desirable location.
Where is this triplex located?
The property is located at 1052 Belmont Long Beach, CA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Triplex featuring three 3‑bedroom, 3‑bath units, totaling approximately 6,000 sq ft.; Vacant and fully rehabbed unit (approx. 2400 SF) ready for immediate occupancy or lease.; Stable cash flow with upside potential from two long‑term tenants.
