267 La Verne Avenue, Long Beach, CA 90803
- $1,525,000
- Sold Price
- $1,525,000
- List Price
- $1,575,000
- Closing Date
- Oct 30, 2025
- Status
- CLOSED
- MLS#
- PW25105287
- Year Built
- 1943
- Lot Size
- 4,748
- Acres
- 0.11
- Lot Location
- 2-5 Units/Acre, Front Yard, Lawn, Street Level
- Days on Market
- 131
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Belmont Shore (Bsd)
Property Description
Calling All Investors! Don’t miss this incredible 4-unit investment opportunity in the heart of highly desirable Belmont Shore! Just blocks from the beach and vibrant Second Street, this fully occupied property features four 1-bedroom, 1-bathroom units, each providing steady rental income with significant potential for future rent growth. Additional income stream with four garage spaces, all rented separately. Fully occupied, investors will enjoy immediate cash flow plus strong long-term appreciation in one of Long Beach’s most sought-after coastal neighborhoods. Whether you’re growing your portfolio or seeking a prime coastal asset, 267 La Verne Dr offers the perfect combination of location, stability, and upside potential.
Additional Information
- Appliances
- Gas Range, Water Heater
- Pool Description
- None
- Heat
- Floor Furnace, Wall Furnace
- Cooling Description
- None
- View
- Neighborhood
- Exterior Construction
- Drywall, Concrete
- Roof
- Asbestos Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $73,740
- Operating Expense
- 20740
Listing courtesy of Listing Agent: Heidi Bailey (baileyheidi21@yahoo.com) from Listing Office: Keller Williams Coastal Prop..
Listing sold by Kelly McHugh Lopes from Keller Williams Coastal Prop.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.