927 Belmont Avenue, Long Beach, CA 90804

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
927 Belmont Avenue,Long Beach, CA 90804
$1,850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: tyler leeson
Office: marcus & millichap re invest949-419-3200
MLS#:OC26146571
Source:CRMLS

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Price summary

  • Price:$1,850,000

About this home

927 Belmont Avenue is a 7-unit multifamily property located in the desirable Eastside neighborhood of Long Beach, California. Built in 1947, 927 Belmont Avenue totals approximately 5,261 net rentable square feet and features a unit mix of 3 one-bed/one-bath units and 4 two-bed/one-bath units. The property has been well maintained by current ownership and benefits from functional property amenities including 4 single-car garages, 1 surface parking space, security/screen doors, and on-site laundry. The garages and laundry provide the property with ancillary income opportunities beyond base apartment rent, while the balanced unit mix appeals to a broad renter pool seeking well-located housing in East Long Beach. Through consistent annual rent increases, current ownership has maintained in-place rents near market levels, allowing the property to offer an attractive 5.59% cap rate on current income. Additional upside remains available through selective interior renovations as units...

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Home facts

  • Year built:1947
  • Subdivision & Development:Other
  • Listing ID #:OC26146571
  • Added:127 day(s) ago
  • Updated:November 11, 2026 at 07:47 AM

Structure and exterior

  • Year built:1947
  • Lot Features:Street Level
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,850,000

Parking

  • Total parking spaces:5
  • Garage:Yes
  • Garage spaces:4
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