For Sale
$1,775,000

208 Park AveLong Beach, CA 90803

Beachfront Fourplex, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional investment opportunity in Long Beach's coveted Belmont Shore neighborhood. This well-maintained fourplex boasts four spacious one-bedroom, one-bathroom units, each featuring an ideal floor plan and ample storage. Situated on a 2,954 square foot lot, the property offers a total of 3,046 square feet of net rentable space. Recent exterior painting and interior upgrades enhance its appeal. Two units will be vacant upon sale, presenting immediate income potential or owner-occupancy options. The property's prime location places it within walking distance of the vibrant 2nd Street, renowned for its diverse dining, shopping, and entertainment options, and just steps from the beach. This represents a rare chance to acquire a multifamily property in one of Southern California's most desirable areas, offering strong potential for both rental income and appreciation. The property's address is 208 Park Ave, Long Beach, CA 90803, and its APN is 7249-034-006. Built in 1947, this fourplex is priced at $1,775,000, or $443,750 per unit. The property's location in the thriving Belmont Shore community, known for its strong sense of community and lively atmosphere, further enhances its investment value. This is a truly unique opportunity to own a piece of this highly sought-after coastal neighborhood.

Highlights

  • $1,775,000 asking price for a fourplex in desirable Belmont Shore, Long Beach, CA.
  • Four (4) one-bedroom, one-bathroom units totaling 3,046 square feet of net rentable space.
  • Located on a 2,954 square foot lot, APN 7249-034-006.
  • $443,750 per unit price.
  • Built in 1947, with recent exterior paint and some interior upgrades. Two units vacant at close of escrow.

Property Details for 208 Park Ave

Property type
Apartment buildings
Year Built
1947
Units
4

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.762277281517
Longitude
-118.13759688374
208 Park Ave, Long Beach, California

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208 Park Ave
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