Pending
25 Bennett Avenue
Long Beach CA, 90803
$2,600,000
$777.51 per sqft
Pending
3,344 sqft
Condos
Built in 1955
Listed by W. Kurt Wood with Belmont Brokerage & Mgmt. INC. 562-301-6763
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.
PW24212887
MLSⓇ ID
October 16, 2024
Listed
October 30, 2024
Updated
Map
25 Bennett Avenue
Long Beach CA, 90803
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Yard
Architectual Style
Contemporary
Roof
Flat
Sewer
Public Sewer
Other Property Details
Area Name
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Days on Market
13
Garage
No
Parking
Assigned
Parking Total
6
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBR4R
Listing History
Date | Event | Price |
|---|---|---|
10/29/2024 | Pending | — |
Listing Contact: 562-437-3581
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/30/2024 at 11:25 AM UTC