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$ 1,850,000
Est. payment | /mo
5 Beds
4 Baths
6,752 Sqft Lot
$ 1,850,000
Est. payment | /mo
5 Beds
4 Baths
6,752 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID TR26118472
Bedrooms 5
Lot Size 6,752 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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 citys 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 citys most desirable lifestyle amenities.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From PCH, go south on Redondo Ave, East on 6th St and south on Newport Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7257001019
Acceptable Financing Cash
Listing Terms Cash
Listed by Frederick Okuda, DRE#02073148 N. P. Property Management Inc.
NEARBY SCHOOL & BUSINESS
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