262 Park Ave

Long Beach, CA 90803
  • $2,675,000

  • 10

  • 7

  • 4,980


About the Listing X81530 - X80379

262 Park Avenue is a 4-unit property located in the Estates Section of Belmont Heights, presenting the unique opportunity to own an income property in a phenomenal rental market with tremendous growth potential. Conveniently located blocks away from the beach, Alamitos Bay, Naples Island, East 2nd Street, and the new 2nd & PCH outdoor shopping center set to open in Summer 2019.Complete restoration of this 1920's Spanish Colonial style property with ocean views from select units features new kitchens with stamp-concrete tile, bathrooms featuring carrera-marble, new heating, plumbing, electrical, individual laundry hook-ups and hardwood floors throughout. Each unit also features one dedicated oversized garage with additional storage in each.Long Beach home sales prices have increased over 35% since January 2015, making it more difficult for home ownership and ensuring a continued strong rental market. With overall rent increases of 30% over the same time period, multi-family has

Listing Highlights for 262 Park Ave

Status Active
Days on Site 21
Property Type Business Opportunity
MLS ® 18413266
Year Built 1923
Total Square Footage 4,980
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 10
  • Bathrooms: 7 Full
  • Appliances: Dishwasher,Dryer,Electric Dryer Hookup,Refrigerator,Washer
  • Air Cond: Wall or Window Units,Window Unit(s)
  • Heating: Central Furnace
  • Fireplaces:
  • Floor: Hardwood,Marble
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: 4 car
  • Zoning: LBR1N
  • Roof: Spanish Clay Tile
  • Others: Stucco
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Garage - Single Door

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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262 Park Ave Long Beach, CA 90803

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Listing Courtesy of David Harrington, Matthews Real Estate Investment Services


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