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Additional details
Listed by Cody Charnell • Sage Real Estate Group, Inc.
$1,299,000
Est. payment /mo
2,239 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25240057
Year Built 1951
Lot Size 2,239 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Welcome to 75 Granada Avenue, an exceptional opportunity to own income property in one of Long Beach's 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
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 7247021014
Special Listing Condition Not Applicable
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