See all 6 photos

Listed by W. Kurt Wood • Belmont Brokerage & Mgmt. INC.

$1,300,000

Est. payment - /mo

Save

2,880 SqFt

New

263 Covina Avenue Long Beach, CA 90803

Save

In-PersonVirtual Tour

Daniel Ripper

[email protected] +1(415) 205-6312

UPDATED:

10/17/2024 09:36 AM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $451

MLS Listing ID CRPW24213157

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1943

Lot Size 4,878 Sqft

Property Description

Extremely rare opportunity to own a fourplex in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. This equates to a strong rental market. You can walk to 2nd Street for shopping and restaurants or the beach. It is located north of 2nd Street where street parking is easier to obtain. This property has 4 one bedroom/one bath units. It also has 2 double car garages renting for $200 each. Actual rents total $7,826 per month which equals a 13.8 GRM. Potential rents based on the average RentOmeter analysis equals $8,196 per month, for a 13.2 GRM.

Location

State CA

County Los Angeles

Interior

Cooling No Air Conditioning

Fireplace No

Laundry Common Area

Exterior

View None

Parking Type Assigned

Building

Lot Description Corner Lot

Water Public

© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

GET MORE INFORMATION

Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

Daniel Ripper

263 Covina Avenue Long Beach, CA 90803

Daniel Ripper

Key Details

Location

Interior

Exterior

Building

GET MORE INFORMATION

Go tour this home

263 Covina Avenue