Property Details
About this Property
This is an opportunity to acquire a high-demand asset in a desirable location with immediate income generation potential. Unlock the potential of this prime mixed-use property in Belmont Heights—an excellent opportunity for savvy investors or owner-users looking for strong value and steady returns. This well-maintained lot offers both commercial and residential spaces, both in turn-key condition and ready to generate income. The front unit, 4141, spans approximately 550 sq. ft. and serves as an office or retail space. With a current rental income of $3,000 per month, there may still be room to increase rent to align with market rates. It features a main room, full bath, kitchen, and two additional rooms, with potential for conversion to residential zoning with minimal modifications. The rear unit, 4147, is a two-bedroom, one-bath single-family home backing up to the quiet Greenbelt Park. This unit has been a highly profitable Airbnb, generating gross rents of approximately $72,000 in 2023—an average of just under $6,000 per month. Together, both units bring in an average of $9,000 per month in rental income, providing an attractive return on investment. The sale price includes not only the property but also all furnishings, appliances, artwork. Additionally, the City's Short-Ter
MLS Listing Information
MLS #
CROC24212654
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Composition
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
Contact Information
Listing Agent
Mary Ryan
Pacific Sotheby's Int'l Realty
License #: 01476437
Phone: (310) 713-4860
Co-Listing Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
License #: 01024996
Phone: (714) 421-3377
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
4141 E 7th St is a Duplex in Long Beach, CA 90804. This – square foot property sits on a 2,701 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $970,000 and was built in 1958. This address can also be written as 4141 E 7th St, Long Beach, CA 90804.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Mary Ryan, (310) 713-4860
