208 Park Ave Long Beach, CA 90803
Property summary
Exceptional investment opportunity in Long Beach's coveted Belmont Shore neighborhood. This well-maintained fourplex boasts four spacious one-bedroom, one-bathroom units, each featuring an ideal floor plan and ample storage. Situated on a 2,954 square foot lot, the property offers a total of 3,046 square feet of net rentable space. Recent exterior painting and interior upgrades enhance its appeal. Two units will be vacant upon sale, presenting immediate income potential or owner-occupancy options. The property's prime location places it within walking distance of the vibrant 2nd Street, renowned for its diverse dining, shopping, and entertainment options, and just steps from the beach. This represents a rare chance to acquire a multifamily property in one of Southern California's most desirable areas, offering strong potential for both rental income and appreciation. The property's address is 208 Park Ave, Long Beach, CA 90803, and its APN is 7249-034-006. Built in 1947, this fourplex is priced at $1,775,000, or $443,750 per unit. The property's location in the thriving Belmont Shore community, known for its strong sense of community and lively atmosphere, further enhances its investment value. This is a truly unique opportunity to own a piece of this highly sought-after coastal neighborhood.
Property profile
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Life Coach Holistic Medicine Practitioner
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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