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Listed by Steve Nader • Beach Team
$ 1,850,000
Est. payment | /mo
3,276 Sqft Lot
$ 1,850,000
Est. payment | /mo
3,276 Sqft Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRPW25087330
Year Built 1947
Lot Size 3,276 Sqft
Source California Regional MLS
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 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Laundry Laundry Area
Exterior
Parking Features Other
Pool 31, None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 7249020020
Special Listing Condition Not Applicable
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Ryan Mull
Broker-Associate | Lic# 01329887