263 Covina Avenue
Long Beach, CA 90803
- – beds
- – baths
- – sqft
- 4,878 sqft lot
- 1943 build
- – on site
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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.
Listed By CRMLS_CA / W. Kurt Wood / Belmont Brokerage & Mgmt. INC. / 562-301-6763
Last checked:
Checking…
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Last updated Dec 20, 2024
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MLS# PW24213157 —
The Building
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Year Built:1943
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2880.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Architectural Style:Contemporary
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Roof:Flat
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Foundation:Raised
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Common Area
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Laundry:1
Location
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Directions:North of 2nd Street
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Latitude:33.76300300
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Longitude:-118.13218500
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR4R
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Lot Features:Corner Lot
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Lot Size Area:4878.0000
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Lot Size Acres:0.1120
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Lot Size SqFt:4878.00
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Lot Size Source:Assessor
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View:None
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Road Frontage:Alley, City Street
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Road Surface Type:Alley Paved, Paved
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:25
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Tax Census Tract:5774.00
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Tax Tract:7029
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Tax Lot:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7249012027
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Belmont Shore (BSD)
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Subdivision:Belmont Shore (BSD)
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Features:Sidewalks, Street Lights, Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:2.00
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/16/24
Dec 16, 2024
|
Sold | CRMLS_CA | $1,450,000 | 11.5% |
10/21/24
Oct 21, 2024
|
Pending | CRMLS_CA | $1,300,000 | |
10/16/24
Oct 16, 2024
|
Listed / Active | CRMLS_CA | $1,300,000 |