Sage Real Estate is Proud to present this exceptional 4-Unit Investment Opportunity in Prime Belmont Shore! Discover the epitome of coastal living with this exquisite 4-unit property located in the heart of Belmont Shore, just steps from the beach and the vibrant shops and cafes of 2nd Street. This… Read More building offers a blend of lifestyle and investment potential, ideal for both family legacy and savvy investors. Unit Mix: Features two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each unit showcases recent upgrades including new stucco, paint, windows, and a completely redone roof, blending modern comfort with elegant design. Amenities: Residents enjoy on-site parking, communal laundry facilities, and secure bicycle storage, enhancing both convenience and desirability. Investment Potential: Positioned in a high-demand rental market, this property offers strong rental yields and appreciation potential. A trophy asset that promises growth and stability. Lifestyle: Offer your tenants a lifestyle of ease and luxury, where they can enjoy beach mornings and evenings exploring local dining and retail—all within walking distance. This property is a unique opportunity to secure a piece of Belmont Shore, renowned for its strong community feel and high quality of life. Don’t miss out on this chance to invest in a location where demand continues to grow. Read Less
Property listed by Sage Real Estate, Juan Huizar 562-307-0838
Listing Snapshot
Days Online
10
Last Updated
Property Type
Quadruplex
Lot Size
0.07 Acres
Year Built
1963
MLS Number
PW24183730
Additional Details
Building
Built in 1963, Building area total: 3,312, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Sidewalks
Cooling
None
Expenses
Electric expense: $297, Fuel expense: $819, Gardener expense: $300, Insurance expense: $2,400, Licenses expense: $103, Maintenance expense: $8,705, New taxes expense: $26,250, Operating expense: $46,905, Water sewer expense: $1,198
Exterior Features
Awnings
Fireplaces
None
Heating
WallFurnace
Income
Gross income: $86,940, Net operating income: $40,035
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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