Great investment opportunity for a pride of ownership building on the edge of popular Belmont Heights that offers residential living within walking distance to the ocean, beach, restaurants and shopping. This 5 unit building offers a desirable mix of: (2) large 3 bedroom units, (one with 1.5 baths and the other 3 bedroom with 1 3/4 baths), and (2) 2 bedroom, 1 bath units and (1) 2 bedroom, 1.5 bath unit. The larger 3 bedroom units and 2 bedroom, 1.5 bath unit are upstairs, all offering good size bedrooms and closets. The building offers large units with a total sq. ft. of approx. 5,200 and the bonus of 7 one car garages (all walled and separate)- 3 garages in front and 4 garages in rear alley. Community laundry room with bonus owner storage. Exterior of building was painted a little over one year ago. Upgraded copper plumbing lines in most of the building. This is an excellent opportunity to acquire a quality portfolio asset in a great location with true rental upside and stable return. Tenants are all month to month. The coastal area of Long Beach currently enjoys high occupancy rate, offering a unique opportunity for investment in one of the more affordable and desirable coastal cities in Southern California.
Multi-familyProperty Type
1965Year Built
5,654 sq ftLot Size
$320Price/Sq.Ft.
7 car garageParking
Listed by Michael Trossen•DRE #01466702• Equity Brokers
Listed by Kenneth Trossen•DRE #00802751• Equity Brokers
Bought with Kristina Moore•DRE #01926377• The Moore Group
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
8
Stories
—
Lot width
—
Lot depth
—
Lot size
5,656 Sq. Ft.
Year renovated
1965
Sq. Ft.
5,219
Year built
1965
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7254021006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-3-S
Low-Density Multi-Family Residential, Small Lot District
The R-3-S District is a three-family residential district. This District recognizes the constraints small lots place on multifamily developments and the adverse consequences related to large scale multifamily development in existing neighborhoods of single-family use. This Zone implements Land Use District No. 3B of the General Plan.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Park & open space
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 7
Garage - Single Door
Has Parking
# of Parking Spaces: 7
Interior
Laundry Information
Has Laundry
Community, See Remarks
Kitchen Information
Appliances: Gas Cooktop
Has Appliances
Room Information
Laundry
Flooring Information
Carpet, Tile, Vinyl
Heating Information
Wall Heater
Has Heating
Interior Features
Ceiling Fan, Copper Plumbing Partial
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 10509378
Listing Key Numeric: 362096277
Actual Rent: $2,500
Total # of Baths: 2
Total # of Beds: 3
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $2,500
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10509379
Listing Key Numeric: 362096277
Actual Rent: $2,060
Total # of Baths: 2
Furnished: Unfurnished
Total # of Beds: 3
# of Garage Spaces: 2
Total Rent: $2,060
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 362096277
Unit Key Numeric: 10509380
Actual Rent: $1,550
Total # of Baths: 2
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,550
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 362096277
Unit Key Numeric: 10509381
Actual Rent: $1,600
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,600
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 10509382
Listing Key Numeric: 362096277
Actual Rent: $1,450
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,450
Total # of Units: 1
Expenses
Fuel Expense: $1,700
Trash: $600
Total: $46,000
Maintenance: $3,000
Insurance: $3,000
Water Sewer: $1,700
Electric: $500
New Taxes: $22,500
Gardener: $360
Multi-Unit Information
# of Units With Range: 5
# of Units With Dishwasher: 2
Net Operating Income: $86,580
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 5,219
Garage Income: $1,320
Gross Scheduled Income: $133,200
Gross Income: $133,200
Laundry Equipment Own or Lease: Lease
Laundry Income: $400
# Of Leased Units: 5
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 6
# Of Separate Electric Meters: 6
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Total # of Units: 5
Common Walls: No Common Walls
Parcel Number: 7254021006
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $46,620
Other Expense: $6,000
Other Expense Description: vacancy
Tenant Pays: Electricity
Total Actual Rent: $103,900
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks
Location Information
Latitude: 33.77623400
Longitude: -118.14557800
Other Subdivision Name: Belmont Heights (BH)
Directions: 7th St, north on Termino Ave.
Subdivision Name: Belmont Heights (BH)
Zoning: LBR3S
Public facts
Beds: 12
Baths: 8.0
Sq. Ft.: 5,219
Stories: —
Lot Size: 5,656 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1965
Year Renovated: 1965
County: Los Angeles County
APN: 7254021006
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 233
Continuous Days Active in MLS: 233
Listing Agent Information
List Agent First Name: Michael
List Agent Last Name: Trossen
Co-List Agent First Name: Kenneth
Co-List Agent Last Name: Trossen
Listing Office Information
List Office Name: Equity Brokers
Co-List Office Name: Equity Brokers
Selling Agent Information
Buyer Agent First Name: Kristina
Buyer Agent Last Name: Moore
Selling Office Information
Buyer Office Name: The Moore Group
Around this home
Schools
K - 12
Preschool & daycare
Fremont Elementary School
Public K-5 • Assigned • 0.4mi
8/10
Jefferson Leadership Academies School
Public 6-8 • Assigned • 0.2mi
7/10
Wilson High School
Public 9-12 • Assigned • 0.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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