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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,945,000

Est. payment - /mo

3,781 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Heights (Bh)

MLS Listing ID NP26121999

HOA Y/N No

Year Built 1922

Lot Size 3,781 Sqft

Property Sub-Type Apartment

Property Description

Investment highlights:
5 turnkey 1-bed/1-bath units in a highly desirable coastal rental market. sq ft 520sq ft. to 700 sq ft. ALL UNITS ARE RENTED
Prime Belmont Heights location near the beach, dining, and retail, supporting strong long-term tenant demand.
Classic 1920s construction with character, updated interiors, and on-site parking (2 garages + 2 additional spaces).
This asset offers solid in-place income with value-add potential through rent optimization, cosmetic improvements, and repositioning over time.
ADU POTENTIAL

Reach out to me for the more information.

If you need financing I will put you in touch with a couple of lenders who will walk you through projected returns based on your target down payment and financing.

If you have a 1031 exchange need this is an ideal place to move your tax deferred money.

**Of note do not go direct to any of the units and the occupants are not to be disturbed. You can do a drive by only to view the property, neighborhood, and great proximity to the beach, pier, shopping, etc.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Interior

Interior Features Storage, Unfurnished

Heating Space Heater

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Gas Cooktop, Gas Oven, Microwave

Laundry Common Area

Exterior

Parking Features Assigned, Storage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Park, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7256008025

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Gregg Perrah First Team Real Estate 949-836-0333, DRE #01200203

NEARBY SCHOOL & BUSINESS

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