$3,925,000
Calculate Payment
Calculate Payment
807 Belmont Avenue Long Beach, CA 90804
Apartment
Residence
Beds
Baths
...
Bed/Bath
6,673
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Discover the exceptional potential of 807 Belmont Ave, a premier multi-family property nestled in the coveted Belmont Heights district of Long Beach. This charming two-story Spanish-style building offers a total of 9 units, with incredible opportunities for expansion and increased revenue. The prope...rty comes with “Ready to Issue” (RTI) plans for two ADU units and the conversion of ?ve enclosed garages into additional 1- and 2-bedroom units, allowing you to maximize the income potential from day one.
Situated on a spacious 7,790 SF corner lot, this property features 7,597 SF of rentable space, providing ample room for tenants to enjoy. The serene fenced courtyard, complemented by minimal water vegetation and ample shade, offers a tranquil retreat for residents, perfect for soaking in the refreshing ocean breeze.
The well-maintained units boast a blend of original charm and modern upgrades, including resurfaced hardwood ?oors, fresh two-tone paint, ceiling fans, and new bathrooms. While some units retain their original kitchens and bathrooms, they present an excellent opportunity for further value enhancement, enabling you to achieve market rents through strategic renovations.
A standout feature of this property is the ?ve enclosed garages, offering secure and convenient parking—a highly sought-after amenity in this area. The current owner has already submitted plans to convert these garages into two additional ADU units, with approved designs for a 2-bedroom/1-bath and a 1-bedroom/1-bath, ready for construction upon closing.
Recent improvements, including a new composite shingle roof, fresh paint, and new ?ooring in select units, demonstrate the meticulous care invested in maintaining this property in pristine condition. The potential to convert the non-conforming manager’s unit further adds to the versatility and value of this exceptional investment.
Seize this rare opportunity to acquire a highly desirable property with signi?cant upside potential in one of Long Beach’s most sought-after neighborhoods. 807 Belmont Ave is not just a property; it's a gateway to elevated returns and a thriving community.
Continue reading
MLS#
PW24206404
Property Type
Apartment
Year Built
1948
Square Feet
6,673
sq. ft
Lot Size
0.18
Stories
2.0
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.