Long Beach, CA 90803,263 Covina Avenue
See all 6 photos
Long Beach, CA 90803,263 Covina Avenue
Long Beach, CA 90803,263 Covina Avenue
Long Beach, CA 90803,263 Covina Avenue
Long Beach, CA 90803,263 Covina Avenue

$1,450,000

Est. payment /mo

$1,300,000

11.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

263 Covina Avenue Long Beach, CA 90803

4 Beds

2,880 SqFt

SOLD DATE : 12/16/2024

Key Details

Sold Price $1,450,000

Property Type Other Types

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $503

MLS Listing ID CRPW24213157

Sold Date 12/16/24

Bedrooms 4

HOA Y/N No

Year Built 1943

Lot Size 4,878 Sqft

Acres 0.11

Property Description

Extremely rare opportunity to own a fourplex in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. This equates to a strong rental market. You can walk to 2nd Street for shopping and restaurants or the beach. It is located north of 2nd Street where street parking is easier to obtain. This property has 4 one bedroom/one bath units. It also has 2 double car garages renting for $200 each. Actual rents total $7,826 per month which equals a 13.8 GRM. Potential rents based on the average RentOmeter analysis equals $8,196 per month, for a 13.2 GRM.

Location

State CA

County Los Angeles

Area Listing

Zoning LBR4

Interior

Cooling No Air Conditioning

Fireplace No

Laundry Common Area

Exterior

Utilities Available Sewer Connected

View Y/N false

View None

Total Parking Spaces 2

Building

Lot Description Corner Lot

New Construction No

Others

Tax ID 7249012027

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bridge MLS
Listed by W. Kurt Wood • Belmont Brokerage & Mgmt. INC.
Bought with W. KurtWood
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.