810 Belmont Avenue,Long Beach, CA 90804
Long Beach, CA 90804
Description
The subject is a seven-unit apartment complex with a prime location in the very desirable Belmont Heights neighborhood of Long Beach. The Property includes two, two-story woodframe and stucco apartment buildings built in 1948 and renovated on multiple occasions. The buildings total 5,554 square feet in size and are situated on a level, rectangular 5,852 square foot parcel fronting on Belmont Avenue. The front building has four two bedroom/one bath units. The rear building has one studio, one, one bedroom/one bath unit and one three bedroom/two bath unit. There is a landscaped yard at the front of the Property and a shared, landscaped yard between the two buildings as well as a two-car garage served by a rear alley. There are a washer and dryer in the rear building, coin-operated and owned by a service provider. Belmont Avenue is a quiet, well-landscaped street developed with a mix of single-family and small apartment buildings. Belmont Height is one of the area's most sought-after coastal submarkets with a broad tenant base of young professionals, families and long-term residents. Woodrow Wilson High School is located just three blocks to the east of the Property. The 229-acre, city-owned Recreation Park is located one-quarter mile to the east. The heart of trendy Belmont Shore is one mile to the south. California State University, Long Beach is located one and one-quarter miles to the east. City Beah Bluff Park and Belmont Pier are less than one and one-half mile to the south. Long Beach Municipal Airport is located two and one-half miles to the north. Anduril Industries, a cutting-edge defense technology company specializing in artificial intelligence recently announced that it is commencing a $1 billion redevelopment of land adjacent to the Airport. The project is planned to be completed in mid-2027 and expected to create 5,500 new jobs at the site plus thousands of indirect jobs in construction and supply-chain services. This is the first offering for sale of the Property since the current Owner acquired it in 1999. The Property is fully-occupied and rarely has vacant units. Current rental rates are well below market and the Property is subject only to State of California rent control. Most tenants occupy units on a month-to-month basis.
Details
| MLS # | PW26093660 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 115 |
| Listing Provided By | Carl Reinhart, Broker | Carl Reinhart |
Features
| SQ Feet | 5,554 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 2 |
| Acreage | 0.13 |
| Golf Course | Yes |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Six To Ten Units Acre |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Lake, Park, Street Lights, Suburban, Sidewalks |
|---|
Taxes
| Property | 22215 |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 2 Belmont Heights | Alamitos Heights |
| Community Name | Belmont Heights (BH) |
| Listing VS Median (in Belmont Heights (BH)) | |
Price: $1,995,000 low | high Med: $1,124,500 sqft: 5,554 low | high Med: 1,189 $ / sqft: $359 low | high Med: $1,010 On site: 115 low | high Med: 84.5 | |
Market Activity 90804
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 2 Belmont Heights | Alamitos Heights |
| Community Name | Belmont Heights (BH) |
| Listing VS Median (in Belmont Heights (BH)) | |
Price: $1,995,000 low | high Med: $1,124,500 sqft: 5,554 low | high Med: 1,189 $ / sqft: $359 low | high Med: $1,010 On site: 115 low | high Med: 84.5 | |
 | $2,000,000927 Belmont AvenueLong Beach, CA 90804 |