32 La Verne Ave

Long Beach, CA 90803
  • $1,550,000

    Price
  • 1

    Bed
  • 2

    Bath
  • 2,627

    SqFt

About the Listing PB13351 - PBOYOSTE,PWOKEEDAV

32 La Verne Avenue is a five-unit apartment building in a prime location just steps from the beach in Long Beach, California’s sought-after Belmont Shore neighborhood. The building is a two-story 1962 construction with three one-bedroom/one-bath units, two studios, and on-site laundry. Current rents offer a new investor a substantial 61 percent rental upside, making this an excellent value-add opportunity in a coveted coastal submarket with a strong tenant base. The Belmont Shore neighborhood is popular for its walkable dining, entertainment, and retail, and this affluent area boasts an average household income over $160,000. This neighborhood also offers convenient proximity to Cal State Long Beach and freeways.

Listing Highlights for 32 La Verne Ave

Status Active
Days on Site 108
Property Type Multi-Family
MLS ® PW25113362
Year Built 1947
Total Square Footage 2,627
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 1
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LBR2S
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7247026010
  • Tax Year: N/A

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32 La Verne Ave Long Beach, CA 90803

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Originating MLS: CA_CRISNET

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