Long Beach, CA 90803,25 Bennett Avenue
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Long Beach, CA 90803,25 Bennett Avenue
Long Beach, CA 90803,25 Bennett Avenue
Long Beach, CA 90803,25 Bennett Avenue
Long Beach, CA 90803,25 Bennett Avenue
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$ 2,600,000
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25 Bennett Avenue Long Beach, CA 90803

3,344 SqFt


UPDATED:

10/30/2024 12:55 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 3,344 sqft

Price per Sqft $777

MLS Listing ID CRPW24212887

HOA Y/N No

Year Built 1955

Lot Size 4,726 Sqft

Acres 0.11

Property Description

Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. You can walk to 2nd Street for shopping and restaurants or the beach. This equates to a strong rental market. This property has 7 one bedroom/one bath units and 1 Studio/1 bath unit. It also has 6 coveted off-street parking spaces behind the property. Actual rents total $15,003 per month which equals a 14.4 GRM. Potential rents based on the average RentOmeter analysis equals $16,495 per month, for a 13.1 GRM. This could be a potential 10% increase over current rents.

Location

State CA

County Los Angeles

Area Listing

Zoning LBR4

Interior

Cooling None

Fireplace No

Laundry Other

Exterior

View Y/N false

View None

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7256037016


Bridge MLS
Listed by W. Kurt Wood • Belmont Brokerage & Mgmt. INC.

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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25 Bennett Avenue