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$1,299,000
Est. payment /mo
2,239 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25240057
Lot Size 2,239 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 75 Granada Avenue, an exceptional opportunity to own income property in one of Long Beachs most sought-after coastal neighborhoods Belmont Shore. Listed at $1,299,000, this is the lowest-priced 4-unit property to hit the market in Belmont Shore in the last five years. Located less than one block from the beach, this charming fourplex features (4) studio apartments, each commanding strong rents of $1,800 per month. There is also one parking space that generates an additional $75 per month and a community laundry room. The property offers stable cash flow today with excellent upside potential through improved operations or short-/mid-term rental strategies (buyer to verify).
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Ocean on Granada
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7247021014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Cody Charnell Sage Real Estate Group, Inc.