720 Belmont Av Long Beach, CA 90804

$1,695,000
Long Beach, CA   90804
0 Beds, 0.0 Baths, 0 sq ft, 5,223 sq ft lot, Built in 1988
720 Belmont Av, Long Beach, CA 90804 Photo 0
720 Belmont Av, Long Beach, CA 90804 Photo 1
720 Belmont Av, Long Beach, CA 90804 Photo 2
720 Belmont Av, Long Beach, CA 90804 Photo 3
720 Belmont Av, Long Beach, CA 90804 Photo 4
0 Beds,
0.0 Baths,
0 sq ft,
5,223 sq ft lot
Built in 1988

Description

MLS# PW18024544

We are proud to offer a Turn Key six-unit apartment in the heart of Belmont Heights in the city of Long Beach. The subject property is located at 720 Belmont Avenue, one street East of Termino Avenue, one block North of 7th Street. This investment consists of 3 one bedrooms/ one-bathroom units and 3 Junior one bedrooms/ one-bathroom well maintained units. Built in 1988, this property is a two-story walk up style building with private carports and approximately 3,559 rentable square feet. With condo style amenities such as fireplaces, dishwashers, vaulted ceilings, and small office/ dens each unit provides a living space that attracts a professional tenant base. Located within close proximity to numerous restaurants and shopping corridors this property offers an investor the rare opportunity to acquire a Turn Key income property in a strong rental market in the most desirable community of Belmont Heights. With rents over 10% below market value, an investor looking to add value could dramatically improve their cash flow by bumping rents up to market rate thus making this acquisition a valuable addition to any investors portfolio. Listed by Justin White, Justin White.

Description

MLS# PW18024544

We are proud to offer a Turn Key six-unit apartment in the heart of Belmont Heights in the city of Long Beach. The subject property is located at 720 Belmont Avenue, one street East of Termino Avenue, one block North of 7th Street. This investment consists of 3 one bedrooms/ one-bathroom units and 3 Junior one bedrooms/ one-bathroom well maintained units. Built in 1988, this property is a two-story walk up style building with private carports and approximately 3,559 rentable square feet. With condo style amenities such as fireplaces, dishwashers, vaulted ceilings, and small office/ dens each unit provides a living space that attracts a professional tenant base. Located within close proximity to numerous restaurants and shopping corridors this property offers an investor the rare opportunity to acquire a Turn Key income property in a strong rental market in the most desirable community of Belmont Heights. With rents over 10% below market value, an investor looking to add value could dramatically improve their cash flow by bumping rents up to market rate thus making this acquisition a valuable addition to any investors portfolio. Listed by Justin White, Justin White.

  • Payment Calculator

    Down Payment:
    Loan Amount:
    Interest Rate:
    Loan Term:

    Principle & Interest Payment
  • Ernie gonzales
    Ernie Gonzales

    NMLS# 1086147

    Direct: (213) 842-5318
    Email: mortgagesbyernie@gmail.com

Area
Building Info
STORIES: 1
COMMON WALLS: No Common Walls
PARKING: Assigned
HEATING: Wall Heater
POOL: None
LAUNDRY: Community
Interior Features
FIREPLACE: Den
Exterior Features
LOT: 6-10 Units/Acre
Garage & Parking
PARKING SPACES: 8.00
GARAGE SPACES: 0.00
CARPORT SPACES: 8.00
Community
HOA DUES 1: 0.00
COMMUNITY: Curbs, Sidewalks, Storm Drains, Street Lighting
UNITS TOTAL: 6
STORIES TOTAL: 1
Land
WATER: Public
LOT NUMBER: 1
TRACT NUMBER: 5770.0
ZONE: LBCCA
Recently viewed

Nearby cities:    Signal Hill    Los Alamitos    Carson    Lomita    Hawaiian Gardens    Lakewood