263 Covina Avenue, Long Beach, CA 90803
-
Listed Price :
$1,300,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1943
Property Description
Extremely rare opportunity to own a fourplex in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. This equates to a strong rental market. You can walk to 2nd Street for shopping and restaurants or the beach. It is located north of 2nd Street where street parking is easier to obtain. This property has 4 one bedroom/one bath units. It also has 2 double car garages renting for $200 each. Actual rents total $7,826 per month which equals a 13.8 GRM. Potential rents based on the average RentOmeter analysis equals $8,196 per month, for a 13.2 GRM.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
263 Covina Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90803 |
| County |
Los Angeles |
| Listing Agent |
W. Kurt Wood DRE #00452182 |
| Courtesy Of |
Belmont Brokerage & Mgmt. INC. |
| List Price |
$1,300,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
4,878 |
| Year Built |
1943 |
Listing information courtesy of: W. Kurt Wood, Belmont Brokerage & Mgmt. INC.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 21st, 2024 at 10:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
