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$ 1,945,000
Est. payment | /mo
5 Beds
5 Baths
3,780 Sqft Lot
$ 1,945,000
Est. payment | /mo
5 Beds
5 Baths
3,780 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 NP26121999
Bedrooms 5
Lot Size 3,780 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction On Mira Mar, South of E Broadway, North of E Second St.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7256008025
Listed by Gregg Perrah, DRE#01200203 First Team Real Estate
NEARBY SCHOOL & BUSINESS
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