25 Bennett Avenue, Long Beach CA, 90803

Active

25 Bennett Avenue

Long Beach CA, 90803

$2,600,000

$777.51 per sqft

Active

3,344 sqft

Condo

Built in 1955

Listed by W. Kurt Wood with Belmont Brokerage & Mgmt. INC. 562-301-6763

Extremely rare opportunity to own an 8 unit apartment in the highly sought after coastal community of Belmont Shore. The Belmont Shore lifestyle offers exceptional recreation and life-style opportunities. You can walk to 2nd Street for shopping and restaurants or the beach. This equates to a strong rental market. This property has 7 one bedroom/one bath units and 1 Studio/1 bath unit. It also has 6 coveted off-street parking spaces behind the property. Actual rents total $15,003 per month which equals a 14.4 GRM. Potential rents based on the average RentOmeter analysis equals $16,495 per month, for a 13.1 GRM. This could be a potential 10% increase over current rents.

PW24212887

MLSⓇ ID

October 16, 2024

Listed

October 18, 2024

Updated

Map

25 Bennett Avenue
Long Beach CA, 90803

Interior Features

Total Stories: 2
Laundry Description: Common Area
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Lot Size: 0.11 Acres
Lot Features: Yard
Architectual Style: Contemporary
Roof: Flat
Sewer: Public Sewer

Other Property Details

Area Name: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Garage: No
Parking: Assigned
Parking Total: 6
View: No
View Description: None
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: LBR4R

Listing Contact: 562-437-3581

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/18/2024 at 12:56 PM UTC