Seven-Unit Apartment
810 Belmont Avenue Long Beach, CA 90804
810 Belmont Avenue, Long Beach, CA, 90804
Contact for pricing
For Sale
Contact for pricing
Two woodframe, stucco buildings offer six residential units plus a studio, with shared landscaped outdoor space.
Property Size5,554 SF
Lot Size0.13 Acres
Price / SF$378.11
Days on Market83
Property Features for 810 Belmont Avenue
General Information
- Standard status
- Active
- Size
- 5,554 SF
- Lot size
- 0.13 Acres
- Property subtype
- Multifamily
Listing agency
Carl Reinhart LLC - Carl Reinhart
Listed by
Carl Reinhart · License #NV
Source
Crexi
Added: Apr 30 Updated: Jul 21 at 2:44AM Checked: Jul 21 at 7:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carl Reinhart LLC - Carl Reinhart
Investment Insights
Based on property information with market context.
The property is a seven-unit apartment complex consisting of two two-story woodframe and stucco buildings. Built in 1948, the buildings have undergone renovations on multiple occasions. The front building contains four two-bedroom, one-bath units, while the rear building includes one studio, one one-bedroom, one one-bedroom/one-bath unit, and one three-bedroom/two-bath unit. Outdoor amenities include a landscaped yard at the front of the property and a shared landscaped yard between the two buildings, along with a two-car garage served by a rear alley. Washer and dryer are available in the rear building and are coin-operated, with the service provided by an outside provider.
The complex is situated on a level, rectangular parcel that fronts Belmont Avenue. Belmont Avenue is described as a quiet, well-landscaped street with a mix of single-family homes and small apartment buildings. The area is characterized by long-term residents, families, and young professionals.
Woodrow Wilson High School is approximately three blocks east, with additional nearby recreational and activity destinations including a city-owned recreation park one-quarter mile east and Belmont Shore about one mile south.
The complex is situated on a level, rectangular parcel that fronts Belmont Avenue. Belmont Avenue is described as a quiet, well-landscaped street with a mix of single-family homes and small apartment buildings. The area is characterized by long-term residents, families, and young professionals.
Woodrow Wilson High School is approximately three blocks east, with additional nearby recreational and activity destinations including a city-owned recreation park one-quarter mile east and Belmont Shore about one mile south.
Key Highlights
- Seven‑unit apartment complex with two woodframe and stucco buildings built in 1948
- Total 5,554 SF across two apartment buildings on a level, rectangular 5,852 SF parcel fronting on Belmont Avenue
- Unit mix: front building has four 2 bed/1 bath units; rear building has one studio, one 1 bed/1 bath, and one 3 bed/2 bath
Local Financial Insights For Apartment 5plus
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 | $203.3k | $36.60 |
| − Vacancy | −$10.2k | −$1.83 |
| EGI | $193.1k | $34.77 |
| − OpEx | −$86.9k | −$15.65 |
| NOI | $106.2k | $19.12 |
5,554 SF · lease $36.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,212 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.97M
$2.60M – $3.47M
NOI $208,151 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Roger’s Book Nook: ...
Community Center
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FAQs
What type of property is this?
Apartment building - Two woodframe, stucco buildings offer six residential units plus a studio, with shared landscaped outdoor space.
Where is this apartment building located?
The property is located at 810 Belmont Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Seven‑unit apartment complex with two woodframe and stucco buildings built in 1948; Total 5,554 SF across two apartment buildings on a level, rectangular 5,852 SF parcel fronting on Belmont Avenue; Unit mix: front building has four 2 bed/1 bath units; rear building has one studio, one 1 bed/1 bath, and one 3 bed/2 bath
