$1,850,000
426 Newport Ave, is a 6-unit property located in the Belmont Heights of Long Beach. It is an excellent investment opportunity in on the city’s most established coastal residential submarkets .This complex consists of 2 units with 2 Bedroom / 1 Bathroom and 4 units with 1 Bedroom / 1 Bathroom. Major exterior renovations such as but not limited to roof, windows, exterior paint, and decks were conducted in 2022. The decks have been properly inspected and passed to meet the SB-721 ordinance. This property is conveniently located minutes from Bluff Park, offering ocean views, open green space as well as downtown Long beach, Cal State Long Beach, Long Beach Convention center, Pike outlets and other major employment centers. Overall this property offers investors the opportunity to own in a premier Long Beach coastal neighborhood with durable rental demand and exceptional access to the city’s most desirable lifestyle amenities.
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Listed by Frederick Okuda with N. P. Property Management Inc. (213) 377-4203
Property Type
Apartment
Status
Active
MLS Number
TR26118472
Year Built
1978
Lot Size
6,752 sq ft