Homes for sale - 25 Bennett AVE, Long Beach, CA 90803

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 2,600,000

Est. payment -/mo

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Pending

25 Bennett AVE Long Beach, CA 90803

3,344 SqFt

UPDATED:

12/17/2024 07:20 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,344 sqft

Price per Sqft $777

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW24212887

Style Contemporary

HOA Y/N No

Year Built 1955

Lot Size 4,726 Sqft

Acres 0.1085

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 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBR4R

Interior

Cooling None

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Sidewalks, Street Lights, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View None

Roof Type Flat

Private Pool No

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Kurt Wood

SHOW CONTACT PH 562-301-6763

SHOW INSTRUCTIONS Fully tenant occupied. Make offer subject to inspection. Please do not discuss with tenants. Any questions, please contact the listing agent, Kurt Wood-562-301-6763. Thank you.

Listed by Belmont Brokerage & Mgmt. INC.

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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