1054 Belmont Avenue
Long Beach, CA 90804
Property Description for 1054 Belmont Avenue, Long Beach CA 90804
1054 Belmont Avenue is an 8-unit multifamily investment property located in Long Beach, one of the premiere housing markets in Southern California. Situated on a 0.14-acre lot, the 5,844 square foot property consists of two-bedroom floor plans averaging 730 square feet. Built in 1988, the property offers amenities including gated pedestrian and vehicle access, gated covered parking, private balconies, and on-site laundry. 1054 Belmont Avenue is located under 2 miles from California State University, Long Beach, the third largest campus in the 23-member California State University system. The university enrolls over 33,000 students annually and is a major local economic driver, generating a $1 billion impact on the regional and statewide economy each year. 1054 Belmont Avenue is located approximately half a mile east of the Belmont Shopping Center, a 112,302 SF retail center anchored by Food 4 Less and Rite Aid. The property is also located under a mile from major retail centers at the Long Beach Traffic Circle.
- Property Class: Residential Income
- Listing Status: Active
- City: Long Beach
- State: CA
- Zip: 90804
- Area: 3 - Eastside / Circle Area
- County: Los Angeles
- Class: Residential Income
- Approx Lot Size: 0.140
- Stories: 3
- Baths (F/H): -- / --
- Baths Partial: 0
- Living Area (SqFt): 5,844 sqft
- Lot Sq Ft Apx: 6098.40
- Year Built: 1988
- Listing#: OC18123443
- Parcel Number: 7254007008
- List Date: 5/24/2018
- Last updated on: 5/25/2019
Property Features for 1054 Belmont Avenue, Long Beach CA 90804
- Year Built: 1988
- Community Features: Sidewalks
- Zoning: LBR3S
- Lot Desc: Landscaped
- Pool: None
Additional Information for 1054 Belmont Avenue, Long Beach CA 90804
- Carport Y/N: Yes
- Expenses: 53200.00
- Gross Building Area: 5844.00
- Gross Income: 156812.00
- Net Income: 103612.00
- Rent Income: 13300.00
- Subdivision: Eastside (Es)
