267 La Verne Avenue Pending

Long Beach,CA 90803

$ 1575000

- Bed

- Bath

2880 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $546

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW25105287

Style Traditional

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1943

Lot Size 4,748 Sqft

Acres 0.109

Property Sub-Type Quadruplex

Property Description

Calling All Investors! Don't miss this incredible 4-unit investment opportunity in the heart of highly desirable Belmont Shore!
Just blocks from the beach and vibrant Second Street, this fully occupied property features four 1-bedroom, 1-bathroom units, each providing steady rental income with significant potential for future rent growth.
Additional income stream with four garage spaces, all rented separately. Fully occupied, investors will enjoy immediate cash flow plus strong long-term appreciation in one of Long Beach's most sought-after coastal neighborhoods.
Whether you're growing your portfolio or seeking a prime coastal asset, 267 La Verne Dr offers the perfect combination of location, stability, and upside potential.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr

Interior

Interior Features Ceiling Fan(s)

Heating Floor Furnace,Wall Furnace

Cooling None

Flooring Carpet,Vinyl

Fireplaces Type None

Appliance Gas Range,Water Heater

Laundry Community

Exterior

Parking Features Garage,Street

Garage Spaces 4.0

Fence None

Pool None

Community Features Biking,Curbs,Watersports,Sidewalks,Storm Drains,Street Lights

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected

Waterfront Description Marina in Community

View Y/N Yes

View Neighborhood

Roof Type Asbestos Shingle

Handicap Access No Interior Steps

Private Pool No

Building

Lot Description 2-5 Units/Acre,Front Yard,Lawn,Level with Street

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Acceptable Financing None

Listing Terms None

Financing None

Special Listing Condition Standard,Trust

Virtual Tour https://drive.google.com/file/d/1aPfVxKkDpTlZPdOLeMK_HwdhaiLsj19R/view?usp=sharing

Lease Land No

Confidential INFO

TERMS 1031 Exchange,Cash,Cash To Existing Loan,Cash To New Loan,Conventional,FHA,VA Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Available to show with accepted offer. Please write your offer subject to inspection.please do not disturb tenants. Call Leslie or Heidi with any questions.

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