32 La Verne Avenue, Long Beach, CA 90803
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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:127 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
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
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