UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID NP26121999
HOA Y/N No
Year Built 1922
Lot Size 3,781 Sqft
Property Sub-Type Apartment
Property Description
5 turnkey 1-bed/1-bath units in a highly desirable coastal rental market. sq ft 520sq ft. to 700 sq ft. ALL UNITS ARE RENTED
Prime Belmont Heights location near the beach, dining, and retail, supporting strong long-term tenant demand.
Classic 1920s construction with character, updated interiors, and on-site parking (2 garages + 2 additional spaces).
This asset offers solid in-place income with value-add potential through rent optimization, cosmetic improvements, and repositioning over time.
ADU POTENTIAL
Reach out to me for the more information.
If you need financing I will put you in touch with a couple of lenders who will walk you through projected returns based on your target down payment and financing.
If you have a 1031 exchange need this is an ideal place to move your tax deferred money.
**Of note do not go direct to any of the units and the occupants are not to be disturbed. You can do a drive by only to view the property, neighborhood, and great proximity to the beach, pier, shopping, etc.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Interior
Interior Features Storage, Unfurnished
Heating Space Heater
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Gas Cooktop, Gas Oven, Microwave
Laundry Common Area
Exterior
Parking Features Assigned, Storage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Park, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7256008025
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Nearby Locations
GET MORE INFORMATION