CA > Long Beach > Belmont Shore (Bsd)
Long Beach, CA 90803,25 Bennett AVE
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Long Beach, CA 90803,25 Bennett AVE
Long Beach, CA 90803,25 Bennett AVE
Long Beach, CA 90803,25 Bennett AVE
Long Beach, CA 90803,25 Bennett AVE
Donny Piwowarski
Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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$ 2,450,000

$ 2,600,000 5.8%

Est. payment /mo
Sold on 12/24/2024

25 Bennett AVE Long Beach, CA 90803

4,726 Sqft Lot

UPDATED:

Key Details

Sold Price $2,450,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW24212887

Year Built 1955

Lot Size 4,726 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBR4R

Interior

Cooling None

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Flat

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by W. Kurt Wood • Belmont Brokerage & Mgmt. INC. • 562-301-6763
Bought with General NONMEMBER • NONMEMBER MRML
agent

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

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