$4,900,000
Long Beach, CA 90803
1930
Year Built
Los Angeles
County
Apartment
Property Type
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 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.
$26,080/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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