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Listed by Steve Nader • Beach Team
$1,850,000
Est. payment /mo
3,276 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 3,276 sqft
Price per Sqft $564
Subdivision Belmont Shore
MLS Listing ID PW-25087330
Year Built 1947
Lot Size 3,276 Sqft
Property Sub-Type Commercial/Residential
Property Description
Investor Opportunity in Belmont Shore - Prime 6-Unit Property with Major Upside. Introducing 227 Pomona Ave, a rare 6-unit asset perfectly positioned on a sought-after street in the heart of Belmont Shore. The property features an efficient mix of (5) one-bedroom, one-bath units and (1) studio, all currently rented well below market--offering immediate value-add potential through renovation and rent increases. Additional income is generated via a shared coin-operated laundry room, with room to boost returns further. This is a classic reposition play in one of Long Beach's most desirable rental markets, just blocks from 2nd Street's top-rated dining, boutique shops, and beachside amenities. With strong tenant demand, walkability, and future appreciation baked in, 227 Pomona is a smart addition to any portfolio--ideal for investors looking to renovate and fully maximize for long-term gains.
Location
State CA
County Los Angeles
Area 1 - Belmontshore/Pk, Naples, Marinapac, Bay Hbr
Zoning LBR2S
Interior
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features See Remarks
Pool None
Community Features Urban
View Y/N Yes
Building
Lot Description Front Yard
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900