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267 La Verne Avenue

Long Beach, CA 90803
Active
Multifamily
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$1,875,000
Incredible investment opportunity in the heart of Belmont Shore! This fully occupied 4-unit property features four 1-bedroom, 1-bathroom units, each offering steady income with room to improve rents over time. Located just blocks from the beach and the vibrant shops and restaurants along Second Street, this is a rare chance… Read MoreRead Less
Property listed by Keller Williams Coastal Prop., Heidi Bailey 9497630930
Listing Snapshot
Days Online
7
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1943
MLS Number
PW25105287
Property Location Map
Additional Details
Lot
Lawn, 0.109 acres, 4,748 square feet, Size: 4,748, TwoToFiveUnitsAcre, FrontYard, StreetLevel
Property Access
Road frontage type: CityStreet, Road surface type: Paved
Appliances & Equipment
GasRange, WaterHeater
Building
Built in 1943, Building area total: 2,880, Levels: Two, 2 stories, 1 building, Architectural style: Traditional, Attached, Common walls: TwoCommonWallsOrMore, Construction materials: Drywall, Concrete
Community
Biking, Curbs, StormDrains, StreetLights, Sidewalks, WaterSports, Marina
Cooling
None
Accessibility Features
Accessibility features: NoStairs
Expenses
Electric expense: $2,412, Gardener expense: $1,135, Insurance expense: $5,300, Licenses expense: $500, Maintenance expense: $3,000, New taxes expense: $30,000, Operating expense: $20,740
Fence
None
Fireplaces
None
Floors
Carpet, Vinyl
Garage
4 spaces
Heating
FloorFurnace, WallFurnace
Income
Gross income: $73,740, Net operating income: $53,000
Interior Features
CeilingFans
Laundry
CommonArea
Parking
4 totals parking, Garage, OnStreet
Pool
None
Property
Neighborhood
Roof
AsbestosShingle
Sewer
PublicSewer
Spa
None
Tenant Pays
AllUtilities
Utilities
ElectricityOnProperty, CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
Windows
Blinds
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Monthly Payment
$0
Tina Burke
Realtor / CALDRE #01838777
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Schools In The Area

Check out nearby schools with ratings and contact info.
Lowell Bayside Academy 562-433-6757 Public KG-5
Rogers Middle School 562-434-7411 Public 6-8
Wilson High School 562-433-0481 Public 9-12
Lowell Bayside Academy 562-433-6757 Public KG-5
Lowell Bayside Academy 562-433-6757 Public KG-5
Rogers Middle School 562-434-7411 Public 6-8
Wilson High School 562-433-0481 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

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.