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Listed by Cody Charnell • Sage Real Estate Group, Inc.
$ 1,299,000
Est. payment /mo
Active
75 Granada Long Beach, CA 90803
1,349 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,349 sqft
Price per Sqft $962
MLS Listing ID CRPW25240057
HOA Y/N No
Year Built 1951
Lot Size 2,239 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Welcome to 75 Granada Avenue, an exceptional opportunity to own income property in one of Long Beach's most sought-after coastal neighborhoods - Belmont Shore. Listed at $1,299,000, this is the lowest-priced 4-unit property to hit the market in Belmont Shore in the last five years. Located less than one block from the beach, this charming fourplex features (4) studio apartments, each commanding strong rents of $1,800 per month. There is also one parking space that generates an additional $75 per month and a community laundry room. The property offers stable cash flow today with excellent upside potential through improved operations or short-/mid-term rental strategies (buyer to verify).
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
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