PRIME INVESTMENT PROPERTY in a RARE OCEANFRONT location in Belmont Shore. This beautiful 10 (origially 12) unit apartment complex sits directly accross from the beach, with sparkling ocean views that will never be blocked! The property is being sold with 7 tenant-occupied units, with a substantial rental upside. The owners have begun significant improvements to elevate the building and maximize the rental income potential. Highlights are the prime unit under renovation with the best views, adding a shared laundry room, City of Long Beach permitting short-term rental for one unit, and Long Beach in the Spotlight for the 2028 Olympic.
8,372 Sq Ft
5,106 Sq Ft Lot Size
apartment
Built in 1930
MLS/Listing ID PW26084370
2 Stories
11 Units
Community - Biking
Community - Dog Park
Community - Fishing
Community - Park
Community - Sidewalks
Community - Street Lights
Community - Water Sports
Beach Access
Ocean View
Ocean Front
Ocean Access
Beach Front
TOTAL MONTHLY COST
$0
$0
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