Bought with Kelly McHugh Lopes
$1,525,000
$1,575,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
267 La Verne AVE Long Beach, CA 90803
4,748 Sqft Lot
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW25105287
Style Traditional
Year Built 1943
Lot Size 4,748 Sqft
Property Sub-Type Fourplex
Property Description
Calling All Investors! Don't miss this incredible 4-unit investment opportunity in the heart of highly desirable Belmont Shore! Just blocks from the beach and vibrant Second Street, this fully occupied property features four 1-bedroom, 1-bathroom units, each providing steady rental income with significant potential for future rent growth. Additional income stream with four garage spaces, all rented separately. Fully occupied, investors will enjoy immediate cash flow plus strong long-term appreciation in one of Long Beach's most sought-after coastal neighborhoods. Whether you're growing your portfolio or seeking a prime coastal asset, 267 La Verne Dr offers the perfect combination of location, stability, and upside potential.
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Rooms
Kitchen Oven Range - Gas
Interior
Heating Floor Furnace , Wall Furnace
Cooling None
Laundry Community Facility
Exterior
Parking Features Garage, Off-Street Parking
Garage Spaces 4.0
Pool 31, None
View Local/Neighborhood
Roof Type Shingle
Building
Lot Description Grade - Level
Foundation Raised
Water Hot Water, District - Public
Others
Special Listing Condition Not Applicable
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