$1,996,000
Turnkey Quadruplex in Belmont Heights | In-Unit Laundry | Prime Location. New-construction feel without the wait. Fully renovated 4 units, perfectly timed ahead of the 2028 Olympics. With 11 different sporting events and 161 ticketed events in Long Beach, imagine the need for housing. Located in the highly desirable Belmont Heights neighborhood, you are only 0.7 miles from the coastal rowing events and 1.4 miles from rowing and canoeing events. This property is in the middle of it all, within one of Long Beach’s most established rental corridors, designed for immediate performance and long-term upside. The unit mix includes (TWO) 2-bed/1-bath residences and (TWO) 1-bed/1-bath residences, each featuring in-unit laundry. Significant improvements include new plumbing and electrical, a new roof on the front building, upgraded kitchens and baths, new flooring, and refreshed landscaping. Current rental performance reflects approximately $14,500 in total monthly income, with one two-bedroom unit at $4,500 per month, the second at $4,000 per month, and each one-bedroom unit at $3,000 per month each. Located minutes from Belmont Shore, Retro Row, neighborhood grocery stores, dining, and convenient access to the 405 and 22 freeways, this asset combines everyday livability with strong rental fundamentals. Long-term growth potential is further supported by Long Beach’s continued infrastructure investment and proximity to upcoming regional demand drivers, including the 2028 Olympics.
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Listed by Shannon Paul with Equity Union (818) 989-2000
Property Type
Quadruplex
Status
Active
MLS Number
DW26007222
Year Built
1920
Lot Size
3,803 sq ft