75 Granada new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90803
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25240057
Year Built 1951
Lot Size 2,238 Sqft
Property Sub-Type Quadruplex
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
Area 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Interior
Cooling Wall/Window Unit(s)
Laundry Common Area
Exterior
Pool None
Community Features Curbs
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard