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267 La Verne Avenue Long Beach, CA 90803
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Key Details
Sold Price $1,525,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW25105287
Year Built 1943
Lot Size 4,748 Sqft
Property Sub-Type Quadruplex
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
Interior
Heating Floor Furnace, Wall Furnace
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage, On Street
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Marina
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Asbestos Shingle
Building
Lot Description 2-5 Units/Acre, Front Yard, Lawn, Street Level
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard, Trust
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Bought with Kelly McHugh Lopes Keller Williams Coastal Prop.
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