265 Newport Avenue, Long Beach, CA 90803

$1,590,000
4,000
SqFt
List Price
$1,590,000
Status
ACTIVE
MLS#
PW20218458
Year Built
1965
Living Sq. Ft
4,000
Lot Size
6,500
Acres
0.1492
Lot Location
Level with Street
Days on Market
7
Property Type
Multifamily
Style
Traditional
Stories
Two Levels
Builders Tract Code
Belmont Heights (BH)
Neighborhood
Belmont Heights (Bh)

Property Description

Great Belmont Heights location! 4 nice two-story units, townhouse style, each with two bedrooms, one full bath, and one half bath. Tenancy is consistent, and currently under market at approximately $1,690 (three units) and $1,950 (one unit). Three garages, laundry room, and several parking spaces on the lot. This excellent location features a short walk or ride to the Bluff, Belmont Pier, beaches, shopping and dining options, and transportation corridors. Nicely maintained units, nice building, great location!

Additional Information

Tract Number
5771.0
Lot Description
Sidewalks, Street Lights, Suburban
Pool Description
None
View
City Lights
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$84,240
Operating Expense
10044
Unit One Total Units
1
Unit One Beds
2
Unit One Baths
2
Unit One Garage Spaces
1.00
Unit One Actual Rent
1690.00
Unit One Total Rent
1690.00
Unit One Pro Forma
2300
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
2
Unit Two Garage Spaces
1.00
Unit Two Actual Rent
1690.00
Unit Two Total Rent
1690.00
Unit Two Pro Forma
2300
Unit Two Furnished
Unfurnished
Unit Three Total Units
1
Unit Three Beds
2
Unit Three Baths
2
Unit Three Garage Spaces
1.00
Unit Three Actual Rent
1950.00
Unit Three Total Rent
1950.00
Unit Three Pro Forma
2300
Unit Three Furnished
Unfurnished
Unit Four Total Units
1
Unit Four Beds
2
Unit Four Baths
2
Unit Four Actual Rent
1690.00
Unit Four Total Rent
1690.00
Unit Four Pro Forma
2200
Unit Four Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Gregory Ernst from So Cal Dwell

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.