32 La Verne Avenue, Long Beach, CA 90803

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
#1#2#3
32 La Verne Avenue,Long Beach, CA 90803
$1,550,000
  • - Beds
  • - Baths
  • 2,627 sq. ft.
  • Multi-family
  • Active
Listed by:steven bogoyevac
Office:steven m. bogoyevac, broker
MLS#:PW25113362
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$590.03

About this home

32 La Verne Avenue is a five-unit apartment building in a prime location just steps from the beach in Long Beach, California’s sought-after Belmont Shore neighborhood. The building is a two-story 1962 construction with three one-bedroom/one-bath units, two studios, and on-site laundry. Current rents offer a new investor a substantial 61 percent rental upside, making this an excellent value-add opportunity in a coveted coastal submarket with a strong tenant base. The Belmont Shore neighborhood is popular for its walkable dining, entertainment, and retail, and this affluent area boasts an average household income over $160,000. This neighborhood also offers convenient proximity to Cal State Long Beach and freeways.

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Home facts

  • Year built:1947
  • Listing Id #:PW25113362
  • Added:85 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Living area:2,627 sq. ft.

Structure and exterior

  • Year built:1947
  • Building area:2,627 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$590.03
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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