Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW24213157
MLS Source
California Regional MLS
Interior Features
Cooling
None
Exterior Features
Roof
Flat
Foundation
Raised
Pool
None
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 2 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
263 Covina Ave is a Residential Income in Long Beach, CA 90803. This – square foot property sits on a 4,878 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,450,000 and was built in 1943. This address can also be written as 263 Covina Ave, Long Beach, CA 90803.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact W. Kurt Wood, (562) 437-3581
