$4,675,000
$5,200,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/23/2018
Key Details
Sold Price $4,675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID OC18210381
Sold Date 10/23/18
HOA Y/N No
Year Built 1972
Property Description
Belmont Square is a 16-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach, one of the premier housing markets in Southern California. Situated on a 0.29-acre lot, the 10,472 square foot property consists of studio, one-, and two-bedroom floor plans. From 2016-2018 current ownership has renovated nine of the sixteen units. Built in 1972, Belmont Square offers amenities including phone entry access system, lush landscaping, spacious courtyard with BBQ, on-site laundry, and garage and open parking. Current ownership has renovated the property in 2017 with a new roof, new paint, asphalt sealing and striping, and remodeled laundry room, new LED energy saving lighting and new vinyl double pane e-glass windows.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR3T
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Sidewalks
Total Parking Spaces 19
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7255016026
Energy Description 5643.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Tyler Leeson • Marcus & Millichap RE Invest
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner