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927 Belmont Ave
Long Beach, CA 90804 Eastside Long Beach

$2,000,000 USD

Apartments For Sale • 5,261 SF

Property Details

Property Type Apartments
Total Building Size 5,261 SF
Lot Size 0.13 AC
Building Class C
Year Built 1947
Cap Rate 5.59 %
Zoning R3S, Long Beach

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                Offered at a 5.59% current cap rate with in-place rents maintained near market.
                            
                                Desirable unit mix with 3 one-bed/one-bath units and 4 two-bed/one-bath units.
                            
                                4 single-car garages, 1 surface space, and on-site laundry provide tenant convenience.
                            
                                Walkable to Jefferson Leadership Academy, Woodrow Wilson High School, and Recreation Park.
                            
                                Near daily-needs retail along Anaheim Street and the Long Beach Traffic Circle.
                            
                                Convenient access to CSULB and Belmont Shore’s 2nd Street corridor.

Financial Summary (Actual)

Net Operating Income: $111,740 USD (2026)

Cap Rate:	5.59 %
Total Expenses:	$66,050 USD

Amenities

Laundry Facilities

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	9 min	-	5.0 mi
John Wayne/Orange County	25 min	-	18.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Surface
Included in Rent:	Yes

Tyler Leeson 714-713-9086 Marcus & Millichap

927 Belmont Ave Long Beach, CA 90804 Eastside Long Beach